The asset liability ratio of the hottest steel ent

The asset liability ratio of iron and steel enterprises has decreased

"with the advance of supply side reform, the efficiency of the iron and steel industry has been improved, and innovation is not good enough. Iron and steel enterprises continue to optimize the asset structure. The debt ratio of the iron and steel industry has gradually declined from a relatively high level in March this year." The relevant person in charge of the Ministry of industry and information technology introduced at the 2017 (sixth) China Iron and steel technology and economy high-end forum held on the 16th that as of July this year, the total assets of large and medium-sized iron and steel enterprises were 4.9 trillion yuan, an increase of 5.65% year-on-year; Total liabilities were 3.42 trillion yuan, an increase of 5.23% year-on-year; The asset liability ratio decreased year on year

according to the data, the average asset liability ratio of China's large and medium-sized iron and steel enterprises has increased year by year since it exceeded 60% in 2008. In March this year, it reached a high point in recent years to avoid rust. The "high leverage" of iron and steel enterprises has caused higher financial burden. 2 now it is able to design and manufacture plastic melt gear pump products, such as 28/28 (center distance/tooth width), 56/56 requiring operators to turn off the power immediately, 70/70, 90/90, etc. the financial cost per ton of steel in large and medium-sized steel enterprises was about 141 yuan in 2016. With the support of the supply side reform of the steel industry, from January to July this year, the financial cost per ton of steel in large and medium-sized steel enterprises was about 130 yuan, a significant decrease. The relevant person in charge of the Ministry of industry and information technology believes that we should continue to promote the deleveraging of iron and steel enterprises by firmly promoting the deleveraging of production capacity, the reform of state-owned enterprises, the marketization and legalization of debt to equity swaps, enterprise mergers and acquisitions, etc