In the past three years, the average income was about 0.798 billion yuan, the expenditure was 0.813 billion yuan, and the average annual surplus was 0.02 billion yuan.
The average investment in the past three years is about 0.035 billion yuan, and the average deficit after deducting capital expenditure is 0.015 billion yuan.
The school’s debt index is 0 and all ratios have performed well. The current and acid-test ratios have reached 9 or more. In the past 3 years, indicating that the school’s short-term repayment ability and sufficient funds are available.
The total revenues of the 109 and 108 AY increased by about 1.81 million yuan, mainly due to the increase in subsidies, donation and other revenues.
Tuition revenue is the main source of income, accounting for 69.52% of the school’s total revenues on average. The performance is still stable. The tuition revenue in the 109 AY was 55.298 million yuan, a slight decrease compared with the previous academic year. Tuition revenue is also the largest source of revenues for the school.
From the perspective of various income growth rates, the revenue from promoting education, industry-academy cooperation and other instructional activities has maintained a level of more than 9% of the total revenues in the past three years, and the donation revenue has also remained at the level of 0.77% for many years in the current recession. , This year even reached 0.93%, financial and other revenues averaged more than 6%, and the proportion of tuition revenue in total income has generally decreased year by year, showing that the school’s financial structure improvement has been somewhat effective.
The average tuition revenue in the past three years since the 107 AY has been less than 70% of the total revenues. The average active revenue of 17% shows the school’s determination to actively improve its financial structure.
- Active revenue includes promotion education , industry-academy cooperation, other instructional activities, donation, financial and other revenues.
- Passive revenue includes subsidy revenue.
The average expenditure is about US$78 million. The main expenditures are teaching research and training expenses. Compared with the 108 AY, the overall total expenditure in the 109 AY has increased by about 0.39 million. It mainly dues to the increase in administrative management, scholarships/ grants, promoting education , industry-academy cooperation and other expenses.
-
Personnel expenses include the personnel expenses items listed under the expenses of directors, administrative management, teaching research and training, promoting education, industry-academy cooperation and other instructional activities.
-
Miscellaneous fees are the miscellaneous fees listed under the expenses of directors, administrative management, teaching research and training, promoting education, industry-academy cooperation and other instructional activities.
-
Pension fees are under the pension listed under directors, administrative management, teaching research and training, promoting education, industry-academy cooperation, and other expenses.
-
Depreciation and amorization are depreciation and amortization items listed under administrative management, teaching research and training, promoting education, and other expenses.
-
Other expenses including financial expenses and other expenses listed in examination expenses and miscellaneous expenses.
The main expenditure items are personnel expenses accounting for 59.18% of total expenditures on average. Teaching personnel expenses are the bulk, accounting for about 62.07% of the total personnel expenses, followed by miscellaneous fees accounting for an average of 18.52% of the total expenses, of which teaching miscellaneous fees account for about 65.55% of the total miscellaneous fees. The third-highest item is that depreciation and amoritization account for about 7.38% of the total expenditure on average, and the depreciation and amoritization of teaching equipment account for about 75.68% of the total depreciation and amoritization. This shows that no matter which resource input of our school is, teaching research and training expenses is the priority.
