Ministry of Finance: From January to March 2026, the total operating income of national and state-owned holding enterprises nationwide decreased by 0.4% year-on-year, and the total profit decreased by 5.1% year-on-year.

According to the Wise News Finance APP, on April 30, the Ministry of Finance released the economic operation of national and state-owned holding enterprises in the first quarter of 2026. From January to March, the total operating income of national and state-owned holding enterprises (hereinafter referred to as state-owned enterprises) decreased by 0.4% year-on-year, and the total profit decreased by 5.1% year-on-year. From January to March, the total operating income of state-owned enterprises was 1.98812 trillion yuan, a year-on-year decrease of 0.4%. From January to March, the total profit of state-owned enterprises was 1.04937 trillion yuan, a year-on-year decrease of 5.1%. From January to March, the taxes and fees paid by state-owned enterprises were 1.62754 trillion yuan, a year-on-year increase of 0.6%. By the end of March, the asset-liability ratio of state-owned enterprises was 65.5%, an increase of 0.5 percentage points year-on-year.