Real Estate Jun 11, 2021 11:55 AM (GMT+8) · EqualOcean
According to the report released by Ernst & young today, the asset liability ratio of the construction industry as a whole has shown a downward trend in recent years. In 2020, the asset liability ratio of all listed construction companies will be 74.76%, 1.37 percentage points lower than that in 2019; The asset liability ratio of listed companies dominated by traffic engineering, water conservancy and electric power engineering, and professional engineering decreased to less than 75%. In addition, the operating cash flow of listed construction companies improved significantly. In 2020, the net operating cash flow of all listed construction companies amounted to RMB 2003.82 billion, a year-on-year increase of 149.66 percentage points, and the surplus cash protection ratio increased by 0.58 times compared with that in 2019.