打好降债增资“组合拳”
caizhengbushujuxianshi,2018nian7yue,quanguoguoyouqiyezichanfuzhailvwei64.93%,jiaoquniantongqixiajiangyue1gebaifendian,zichanfuzhailvgaoyutongqiminyingqiye。qizhongzaigongyeqiyezhong,guoyouqiyedepingjunzichanfuzhailvwei59.4%,gaochutongqiminyingqiyejin4gebaifendian。mianduijiaogaodezichanfuzhailv,ruhewenbu“jiangzhaizengzi”,chengweiguoyouqiyejixusikaodewenti。2018nian9yue,zhonggongzhongyangbangongting、guowuyuanbangongtingyinfale《guanyujiaqiangguoyouqiyezichanfuzhaiyueshudezhidaoyijian》(xiacheng《zhidaoyijian》),zhenduiguoyouqiyetichulezichanfuzhaideneiwaibuyueshujizhi,mingquelezichanfuzhaiyueshuzhibiaobiaozhundengneirong,yaoqiuguoyouqiyezhubujiangdigangganlv,tuidongguoyouzibenzuoqiang、zuoyou、zuoda。ajituanzuoweijingjidashengguangdongshengdeshengshuguoyouqiye,weiwenbujiangdizichanfuzhailv,bingzaorishixian《zhidaoyijian》suoyaoqiudeguankongmubiao,qijiangxianyouzhengcehuanjingyuzishenyewutedianyouxiaojiehe,yizhidingzhaiwuguimoxingyejingjiexian、shixingrongzizongekongzhiyijiyouhuazhaiwujiegouweitupodian,shixianlezhaiwufengxiandezongtikekong。
新规下的资产负债率管控
weijinyibucushiguoyouqiyejiaqiangzichanfuzhaiyueshu,qieshijiangdizishengangganlv,《zhidaoyijian》zhenduiguoyouqiyezichanfuzhailvdeguankongtichulemingquemubiao——dao2020niannianmo,guoyouqiyepingjunzichanfuzhailvbi2017niannianmojiangdi2gebaifendianzuoyou,zhihou,guoyouqiyezichanfuzhailvjibenbaochizaitongxingye、tongguimoqiyedepingjunshuiping。zaicijichushang,《zhidaoyijian》tichuruoganjibenyuanze,baokuo: jianchiquanmianfugaiyufenleiguanlixiangjiehe、jianchiwanshanneibuzhiliyuqianghuawaibuyueshuxiangjieheyijijianchitizhizengxiaoyuzhengcezhichixiangjiehe。ciwai,《zhidaoyijian》haijiujiaqiangguoyouqiyezichanfuzhaiyueshuliechulexiangguanpeitaocuoshi,baokuoliqingzhengfuzhaiwuyuqiyezhaiwubianjie;zhichiguoyouqiyepanhuocunliangzichanyouhuazhaiwujiegou;wanshanguoyouqiyeduoqudaozibenbuchongjizhi;jijituidongguoyouqiyejianbingzhongzu;yifa、yiguishishiguoyouqiyepochan,weiguoyouqiyedejiangzhaizengzigongzuotigongleqingxidezhiyin。
国企降债增资面临的挑战