Question 1: Why do China's state-owned enterprises lose money? Corruption + social responsibility + lack of personal charm
Question 2: Why do state-owned enterprises lose money? Four words: poor management!
For example, talking about formalities, speaking in official style, only seeking formal explanations when encountering problems, blindly dealing with things passively and rigidly, blindly passing responsibility upwards or downwards... and so on, are all so-called bureaucratic styles.
Question 3: Please see why state-owned enterprises lose money every year. Among the costs and expenses of enterprises, some do not need to be paid in cash. Such as depreciation of equipment and factory buildings, amortization of intangible assets; provision for welfare fees payable, provision for trade union funds, education funds; etc. Although these non-cash expenses reduce profits, the company's cash does not flow out. Therefore, although some companies have suffered losses for many years, their cash flow can always be positive. This is one of the reasons why many companies can still operate despite losses.
Question 4: Why should a state-owned enterprise with losses be able to ask for money from the state? Moreover, it is a monopoly enterprise. The money earned can support tens of millions of CEOs and people related to them. crystal chandeliers, luxury sports cars, and groups of ladies. Oh, that's cool to think about.
Question 5: Why are state-owned enterprises still operating at a loss? Because if some enterprises, including private enterprises, are allowed to close down, *** the funds required to be invested are much larger than the losses of the enterprises. The state obtains from state-owned enterprises. If you invest too much and invest too little, you will still feel guilty. The existence of state-owned enterprises is a blessing to ordinary people. The state can use money from state-owned enterprises to subsidize social undertakings and benefit ordinary people. We can use state-owned enterprises' respect for the interests of employees in accordance with the law to put pressure on the bosses of unscrupulous private companies. If the state-owned enterprises disappear, everyone will be exploited and treated like cattle and horses. Because there is no comparison, they will naturally become numb. This is what private enterprise owners want to see.
Question 6: What is the outcome for state-owned enterprises that have suffered long-term losses? The only outcome is to be acquired by private companies. It may also go bankrupt. But the chance is small
Question 7: Which state-owned enterprises are losing money? There are mainly ten aspects as follows:
1. Loss due to wrong decision-making. Under the conditions of the market economy, some business operators are still accustomed to the practices of the planned economy. They are limited to their own small world, do not study the entire big market, do not understand it, and have insufficient information. They make decisions based on their foreheads, act with their chests in mind, and act blindly. , poor decision-making, resulting in losses.
2. There is no way to make losses in business. Such as unsaleable products, increased inventory backlog, weak new product development capabilities, backward technology and equipment, poor service quality and other reasons cause corporate losses.
3. Poor management leads to losses. Enterprises suffer losses due to lax internal management, imperfect economic accounting systems, large consumption in production and operations, and non-operating expenses.
4. Historical burden of losses. This kind of loss is caused by the heavy historical burden of the enterprise, especially the large amount of debts owed to external units, the large number of bank loans taken up, and the large number of retirees, which makes the enterprise burdened like an ox, and it is difficult to recover, resulting in losses.
5. Corruption leads to losses. Losses caused by corruption of operators, devouring state-owned assets and squandering.
6. Loss due to policy changes. Some enterprises that rely on bank loans to survive and industries that rely on national policies have been "weaned off" due to the country's implementation of a series of new policies such as macro-control, tight money, and tax reform. Loss.
7. Loss due to disordered competition. After entering the market economy, due to local interests and the interests of enterprises themselves, fierce competition occurred in some "hot" products and industries. The continuous wars resulted in losses and losses for a large number of loser enterprises.
8. Socially apportioned losses. Enterprises are like a piece of "Tang Monk Meat" that is left to be slaughtered. Various social apportionments come in all shapes and sizes, weighing them down like heavy stones until they suffer losses.
9. Loss due to inactivity. Corruption of managers, corporate downturn, unreasonable profit distribution, etc., make employees feel disappointed and frustrated, resulting in inactivity and inefficiency, making it difficult for enterprises to operate efficiently and causing losses.
10. Administrative intervention leads to losses. Some administrative departments do not understand the situation and blindly intervene in business decisions, causing undue losses and losses to the company.
Question 8: Research on Countermeasures for State-owned Enterprises to Get Out of Difficulties Li Xiaomin, Kou Zhihong, Cao Hengxuan/Article 1. Some state-owned enterprises are facing difficulties. Currently, some state-owned enterprises in our country are in trouble, which is manifested by poor economic benefits, serious losses, and half production suspension. Outages are widespread. There are many reasons for this difficult situation, including both subjective and objective factors. During the period of economic system transformation, some state-owned enterprises are not viable, mainly due to institutional reasons, but also due to policy reasons and other reasons. Specifically, the first is the historical reason. Under the traditional system, all profits are turned over, and state-owned enterprises lack funds for self-accumulation and self-development. The enterprise has a heavy historical burden, has many surplus personnel, and has a heavy social burden on the enterprise. Secondly, there are practical reasons.
The state uses profits and taxes paid by state-owned enterprises for development and reform. It can be said that state-owned enterprises, as the main source of national fiscal revenue, have made significant contributions to my country's economic and social development. Again, it is the external environment of the enterprise. *** The transformation of functions lags behind; the new urban *** management model of "small ***, big society" has not yet been formed; the relationship between responsibilities, rights and interests needs to be further straightened out; a diversified investment structure with multiple economic factors as the main body The resulting market environment is not sound, and a complete market system and standardized market order have not yet been formed. In addition, the influence of the national macroeconomic management environment and policies, such as fluctuations in the development of the socialist market economy, adjustments to national fiscal policies and monetary policies, will also increase the difficulties in the development of state-owned enterprises. Finally, there are the reasons for the internal management of enterprises after the contracting system and joint-stock system reform, such as information mechanism, power mechanism, operation and management mechanism, leadership team, corporate behavior, financial management reports, labor relations, employee enthusiasm and other issues. 2. Manifestation of Problems Focusing on the main problems faced by state-owned enterprises, we will discuss them from both micro and macro aspects. (1) Analysis from the perspective of the enterprise 1. The problem of poor economic benefits. Since the reform and opening up, state-owned enterprises have successively undergone asset assessment, two rounds of contract system reform, and joint-stock pilot reform. In particular, after the *** central and State Council piloted the policy of "grasping the big and letting go of the small", they took the initiative to "advance and improve" state-owned assets. After the strategic reorganization of "retirement", state-owned enterprises generally implemented joint-stock reform, which injected vitality into state-owned enterprises, and my country's state-owned enterprises have achieved considerable development. On the other hand, due to the influence of the international and domestic economic environment, the problem of poor economic performance of enterprises is still the focus and difficulty in the reform of state-owned enterprises. Therefore, state-owned enterprises must deepen reforms and strengthen state-owned asset management to ensure the healthy, orderly, coordinated and sustainable development of the state-owned economy. 2. State-owned enterprises have heavy tax burdens. Since the reform, in order to encourage the simultaneous development of various economic sectors, the state has implemented preferential policies for the private economy, private economy, foreign-funded enterprises, joint ventures and township enterprises, but state-owned enterprises have not received corresponding preferential treatment in this regard. The tax burden of state-owned enterprises is relatively heavy. Even though the tax system reform in 1994 and subsequent tax and fee reforms were implemented, no obvious results have been achieved. 3. Enterprises bear the burden of “running the society”. State-owned enterprises generally have a considerable number of retired and retired employees who must be paid by the enterprise for pensions, medical expenses, etc. to ensure their livelihood. Therefore, under the current system, a reasonable distribution system and a complete multi-level social security system must be established. 4. There are many redundant personnel. The large number of surplus personnel in state-owned enterprises will inevitably lead to high production costs, low labor productivity, and poor economic benefits and operating performance of enterprises. Therefore, after the State Council formulated and implemented unified industrial planning and industrial policies in 1995, it was also necessary to formulate scientific and reasonable labor and employment policies, and resolve labor disputes and re-employment issues for laid-off workers. 5. Excessive debt burden. Judging from the statistical data on the liquidation and capital verification of 124,000 state-owned enterprises in 1994, the asset-liability ratio of state-owned enterprises has risen to 75.1%, and the enterprises’ own working capital is less than 10%. At the same time, enterprises have defaulted on each other’s payment for goods. The debt problem cannot be properly resolved, which seriously affects the credit of the company, resulting in a disadvantageous position in market competition, forming non-performing assets and mutual debt problems. 6. Technical equipment is outdated and outdated. Many state-owned enterprises have outdated technical equipment and backward production processes, but they are unable to update them. Therefore, we must increase revenue and reduce expenditure, be diligent and frugal, and formulate a series of corporate technological transformation policies that are in line with national industrial policies to solve this problem. (2) Analysis from a macro perspective 1. Management system. Under the conditions of the market economy, with the reform of the management system, the fiscal, taxation, monetary, financial, foreign trade, investment systems, etc. are gradually operating in accordance with the requirements of the market economy. The old operating mechanisms of state-owned enterprises...>>
Question 9: Why have large state-owned enterprises suffered massive losses in recent years? Hello, hello
Corruption in state-owned enterprises is too serious
There are related households everywhere, and there is a lack of competition. Power, profits and losses all belong to the country. The mentality of employees is not to seek merit but to have no faults. Just mess around if you can
In state-owned enterprises, what is important is not ability, but relationships. So it eventually led to losses
This is why China wants to break the iron rice bowl
This is a social need. Only competition can develop
Alibaba’s situation and State-owned enterprises are different. Alibaba is a private enterprise. If the positioning and direction are good, the situation of state-owned enterprises will not happen
I hope it is helpful to you and hope to adopt it. Thank you
Question 10: Why haven’t state-owned enterprises closed down even though they have been losing money for many years?
Because it belongs to the country and the country has the backing