With the support of the Property Rights Office of the State-owned Assets Supervision and Administration Commission of the State Council, on September 23, China Listed Companies Association (hereinafter referred to as the "China Association") released the "Operation Report on the 2022 First Half of 2022" (referred to as the "Report"). The report shows that in the first half of the year, central enterprises controlled listed companies (referred to as "central enterprises") achieved positive results in improving quality, their operating conditions were steady and improving, and their development resilience continued to emerge, providing strong support for consolidating the overall market of central enterprises and stabilizing the macro economy.
As of the end of June this year, 84 central enterprises controlled 450 listed companies . Among them: 361 domestic listed companies in central enterprises (referred to as "national companies in central enterprises"), 118 listed companies in central enterprises Hong Kong stock (including A+H shares, referred to as "national companies in central enterprises").
Economies of scale continue to grow, and operating indicators are constantly being optimized. The report shows that the operating income of central enterprises continues to grow, and the profit level is ahead of the market. In the first half of the year, central enterprise companies achieved a total operating income of 13.55 trillion yuan and a total profit of 1.17 trillion yuan. At the same time, the proportion of central enterprise companies' economies of scale in the total market of central enterprises increased. According to statistics, 67.28% of the operating income of central enterprises and 81.39% of the total profits come from listed companies, and the basic role of listed companies in central enterprises is constantly highlighted. The operating quality of
has been significantly improved, and development resilience continues to emerge. In the first half of the year, the return on net assets of central enterprises was 5.64%, better than the overall level of domestic and Hong Kong stock markets during the same period. The results of domestic companies in central enterprises have achieved remarkable results in reducing costs and increasing efficiency, which is better than the overall domestic market level during the same period. At the same time, domestic companies of central enterprises continued to increase R&D investment, with a total R&D expense of 170.538 billion yuan, accounting for 27.46% of the domestic market; 18 listed companies of central enterprises obtained 620 new invention patents in the first half of the year, contributing 12.92% of the new invention patents on the Science and Technology Innovation Board with a number of 4.18% of the number of new invention patents.
gives full play to the functions of the listing platform and actively carry out financing to help the development of the main business. Central enterprises actively stabilize market fluctuations through equity products such as the issuance of equity and bonds, and achieve a slight increase in equity financing against the market. The report shows that in the first half of the year, a total of 37.236 billion yuan of equity financing (excluding IPO) was implemented, an increase of 9.69% year-on-year. During the same period, domestic companies of central enterprises issued a total of 258 bonds, with a financing scale of 429.20 billion yuan. At the same time, enterprises actively responded to the target requirements of carbon peak and carbon neutrality , continuously increased investment in green industry projects, actively issued green bond , and issued a total of 35 green bonds, raising 41.89 billion yuan.
actively promotes market recognition and value realization, and guides the reasonable return of market value. As of August this year, the total market value of central enterprises totaled 17.27 trillion , and the market value performance was better than the performance of Shanghai Composite Index and Hang Seng Index during the same period. The increase in holdings of central enterprises increased significantly. In the first half of the year, 15 central enterprise companies were increased by major shareholders, with a total increase of 6.568 billion yuan, an increase of 118.75% year-on-year. At the same time, the annual performance briefing of domestic companies in central enterprises has achieved "full coverage" and the importance of communicating semi-annual report performance is increasing. China Mobile, together with China Telecom and China Unicom , jointly organized an investor exchange event for listed companies. The chairman of the three companies attended and had direct dialogue with investors, which was the first attempt to jointly carry out investor exchange activities for listed companies in the same industry in central enterprises.
attaches great importance to social responsibility and fully reflects mission and responsibility. In the first half of the year, the tax payment scale of domestic companies in central enterprises exceeded half of the entire market, with a total of 560.056 billion yuan in taxes and fees paid, accounting for 54.93% of the domestic market. At the same time, central enterprise companies pay more attention to investor returns. 15 central enterprise companies implemented semi-annual dividends, with a total dividend of 177.678 billion yuan, an increase of 88.84% year-on-year. In addition, central enterprises actively implement the new development concept of , and ESG practice is at the forefront of the market. In the first half of the year, a total of 223 domestic companies of central enterprises released separate ESG (environmental, social and corporate governance) reports or social responsibility reports. Under the advocacy of State-owned Assets Supervision and Administration Commission of the State Council, central enterprises' Shanghai and Shenzhen 300 Index components and listed companies on the Science and Technology Innovation Board have taken the lead in achieving "full coverage" of special reports such as ESG.
Image source: Visual China
Source: Beijing Daily Client Reporter Sun Jie
Process Editor: u028
