| Tekijä: | Research Group |
| Otsikko: | Investigation on profit-loss enterprises in China's metallurgical industry (original in Chinese) |
| Lehti: | China Industrial Economy (c)
1998 : 8, p.40-44 |
| Asiasana: | METALS INDUSTRY COMPANIES LOSS MANAGEMENT CHINA |
| Kieli: | chn |
| Tiivistelmä: | Major reasons for metallurgical enterprises' loss are as follows: On one hand, the costs and expenditures are excessively high. The major reasons for over 90 per cent of enterprises' loss making lies in the excessively high costs and expenditures. The fundamental link for reducing losses and increasing profits lies in the reduction of costs. On the other hand, the burden of financial expenditures is too heavy.The excessively high ratio between assets and liabilities is the direct course of financial burdens. As far as iron and steel enterprises are concerned, the excessively high ratio between assets and liabilities mainly results from excessively large scale of construction, low utilizing effectiveness of funds and mistakes in investment policies. |
SCIMA