经济观察网据财政部网站消息，11月28日，财政部公布2025年1-10月全国国有及国有控股企业经济运行 情况。 1—10月，全国国有及国有控股企业①(以下称国有企业)营业总收入同比②增长0.9%，利润总额同比下 降3.0%。 一、营业总收入。1—10月，国有企业营业总收入683529.3亿元，同比增长0.9%。 ①本月报所称全国国有及国有控股企业，包括国务院国资委、财政部履行出资人职责的中央企业、中央 部门和单位所属企业以及36个省(自治区、直辖市、计划单列市)的地方国有及国有控股企业、新疆生产 建设兵团所属国有及国有控股企业，不含国有一级金融企业及所属企业。所属行业包括农林牧渔业、工 业、建筑业、交通运输仓储业、邮电通信业、批发和零售业、房地产业、信息技术服务业和其他行业。 ②由于企业增减变动以及股权变化等客观因素影响，不同期间纳入全国国有及国有控股企业汇总范围的 企业不完全相同。本月报同比增长相关数据，由本期汇总范围内企业本年数据与同口径上年同期数据对 比计算得出。 二、利润总额。1—10月，国有企业利润总额34214.4亿元，同比下降3.0%。 三、应交税费。1—10月，国有企业应交税费48729.2亿 ...

1—10月，国有企业营业总收入683529.3亿元，同比增长0.9%。1—10月，国有企业利润总额34214.4亿 元，同比下降3.0%。 人民财讯11月28日电，财政部发布2025年1—10月全国国有及国有控股企业经济运行情况，1—10月，全 国国有及国有控股企业(以下称国有企业)营业总收入同比增长0.9%，利润总额同比下降3.0%。 ...

Core Insights - The Ministry of Finance reported that from January to September 2025, the total operating revenue of state-owned and state-controlled enterprises increased by 0.9% year-on-year, while total profits decreased by 1.6% [1] Revenue and Profit Analysis - From January to September, the total operating revenue of state-owned enterprises reached 613,290.5 billion yuan, reflecting a year-on-year growth of 0.9% [1] - The total profit of state-owned enterprises amounted to 31,670.3 billion yuan, showing a year-on-year decline of 1.6% [1] - The tax and fee payable by state-owned enterprises was 44,145.4 billion yuan, which represents a year-on-year increase of 0.5% [1] Financial Health Indicators - As of the end of September, the asset-liability ratio of state-owned enterprises stood at 65.2%, which is an increase of 0.2 percentage points year-on-year [1]

Core Insights - The core viewpoint of the article is that the economic performance of state-owned enterprises in China has shown mixed results in the first nine months of the year, with a slight increase in revenue but a decline in profits. Revenue Performance - In the first nine months, the total operating revenue of state-owned enterprises reached 613,290.5 billion yuan, representing a year-on-year growth of 0.9% [1]. Profit Performance - The total profit of state-owned enterprises for the same period was 31,670.3 billion yuan, reflecting a year-on-year decrease of 1.6% [2]. Tax Obligations - The tax obligations of state-owned enterprises amounted to 44,145.4 billion yuan, which is a year-on-year increase of 0.5% [3]. Debt Levels - As of the end of September, the asset-liability ratio of state-owned enterprises stood at 65.2%, which is an increase of 0.2 percentage points compared to the previous year [4].

Group 1 - The core viewpoint of the article highlights the economic performance of state-owned enterprises in China for the first nine months of 2025, indicating a slight increase in revenue but a decline in profit [1] Group 2 - Total operating revenue of state-owned enterprises reached 613,290.5 billion yuan, reflecting a year-on-year growth of 0.9% [1] - Total profit of state-owned enterprises amounted to 31,670.3 billion yuan, showing a year-on-year decrease of 1.6% [1] - Taxes payable by state-owned enterprises were 44,145.4 billion yuan, which represents a year-on-year increase of 0.5% [1] - The asset-liability ratio for state-owned enterprises stood at 65.2% at the end of September, an increase of 0.2 percentage points year-on-year [1]

Group 1 - The core viewpoint of the article is that the economic performance of state-owned and state-controlled enterprises in China showed a slight increase in revenue but a decline in profit for the first nine months of 2025 [1] Group 2 - Total operating revenue for state-owned enterprises reached 613,290.5 billion yuan, reflecting a year-on-year growth of 0.9% [1] - Total profit for state-owned enterprises amounted to 31,670.3 billion yuan, indicating a year-on-year decrease of 1.6% [1] - Taxes payable by state-owned enterprises were 44,145.4 billion yuan, which represents a year-on-year increase of 0.5% [1] - The asset-liability ratio for state-owned enterprises stood at 65.2% at the end of September, showing an increase of 0.2 percentage points year-on-year [1]

Core Insights - The Ministry of Finance reported the economic performance of state-owned and state-controlled enterprises in China for the first eight months of 2025, indicating a slight increase in revenue but a decline in profits [1][2]. Revenue Performance - Total operating revenue for state-owned enterprises reached 539,620.1 billion yuan, reflecting a year-on-year growth of 0.2% [1]. Profit Performance - Total profit for state-owned enterprises amounted to 27,937.2 billion yuan, showing a year-on-year decrease of 2.7% [1]. Tax Contributions - The tax and fee contributions from state-owned enterprises totaled 39,012.5 billion yuan, which represents a year-on-year decline of 0.3% [1]. Debt Levels - As of the end of August, the asset-liability ratio for state-owned enterprises was 65.2%, which is an increase of 0.3 percentage points compared to the previous year [2].

Group 1 - The total operating revenue of state-owned enterprises (SOEs) in China for the first seven months is 47,311.09 billion yuan, remaining flat compared to the same period last year [3] - The total profit of SOEs for the same period is 2,478.64 billion yuan, showing a year-on-year decline of 3.3% [3] - The taxes payable by SOEs amount to 3,469.46 billion yuan, which is a decrease of 0.4% year-on-year [3] Group 2 - As of the end of July, the asset-liability ratio of SOEs stands at 65.1%, an increase of 0.3 percentage points compared to the previous year [2] - The report includes various types of SOEs, such as those under the State-owned Assets Supervision and Administration Commission (SASAC), the Ministry of Finance, and local state-owned enterprises across 36 provinces and regions [2]

Summary of Key Points Core Viewpoint - In the first seven months of 2025, the total operating revenue of state-owned and state-controlled enterprises in China remained flat compared to the same period last year, while total profits experienced a decline of 3.3% [1]. Revenue Performance - The total operating revenue of state-owned enterprises reached 473,110.9 billion yuan, showing no change from the previous year [1]. Profit Analysis - The total profit of state-owned enterprises amounted to 24,786.4 billion yuan, reflecting a year-on-year decrease of 3.3% [1]. Tax Contributions - The taxes payable by state-owned enterprises totaled 34,694.6 billion yuan, which is a slight decrease of 0.4% compared to the previous year [1]. Financial Health - As of the end of July, the asset-liability ratio of state-owned enterprises stood at 65.1%, which is an increase of 0.3 percentage points year-on-year [1].

Group 1 - The core viewpoint of the article indicates that the total operating revenue of state-owned and state-controlled enterprises in China decreased by 0.2% year-on-year in the first half of 2025 [1] - The total profit of these enterprises also saw a decline, with a year-on-year decrease of 3.1% [1]