Home > News > CnAgri insight > Article

Food Industry’s Financial Condition in February

China Agriculture Report By CnAgri2013-04-12 11:20:23China Agriculture Report Print
Keywords:Food Industry
The medium and large food enterprises’ assets valued RMB4.306 trillion in February, of which RMB2.37 trillion were liquid assets, accounting for 5.75% and 6.57% of the nation’s industrial enterprises’ total respectively. The food industry’s debt ratio was 52.3%, below the nation’s industrial average level of 58.28%. The quick ratio of the food industry’s assets was 55.21%, more than the nation’s average by 14%.
 
The food industry’s revenue from kernel business, its profit earned and its tax paid registered RMB1.268 trillion, RMB83.3 billion and RMB43.6 billion respectively in February, accounting for 9.26%, 11.75% and 6.58% of the nation’s industrial total respectively. The food industry’s profit ratio was 6.57%, more than the nation’s industrial average by 27%.
 
The food industry’s cost of kernel business was RMB1.048 trillion in February, 9.06% of the nation’s industrial total. Of the food industry’s production cost, 4.64% were spent on marketing, 81% more than the nation’s industrial average. High marketing cost added to food price and fueled the concentration of food production.

From “China Grains Market Weekly Report
Explore Realted News »
FOOD PRICE RISES IN 50 CITIES NARROW26 SEP 2011
Food Additives: Major Food Additive Enterprises’ Development in Dec.2011 (Part
China Food IndustFood Industry’s Development Plan for the 12th Five-Year Perio
Food Additives: Food Additive Industry’s Revenue in Jan. ~ Sept. of 2011
Food Additives: Food Additive Industry’s News Update & Policy Review (Part)
Explore Realted Reports »
China Corn Market Review & Outlook
China Oilseeds and Edible Oil Market Review & Outlook
China Livestock Market Review and Outlook
China Feed Market Review and Outlook
China Dairy Industry Investment Research Report