Most of the subways in China are losing money, but there is a city subway that is profitable, where

With the continuous development of our domestic economy, our domestic cities are doing better and better in urban construction, I believe that everyone living in the city is also deeply touched, of course, with the comprehensive strength continues to become stronger, the mode of transportation has also changed a lot.

In addition to the first-tier cities in our country, many second- and third-tier cities have also begun to build subways, all in order to better solve the traffic problems of residents in the city, after all, the traffic in every city in China has begun to become more and more congested, but in many subways in China, basically the subway is currently in a state of loss, but there is a city with an annual profit of up to 10 billion, the city is not Beijing, Shanghai and Guangzhou.

Because the construction of the subway itself is a big project, not only requires a long time cost, but also needs a lot of financial resources and labor costs, which is already a lot of expenses, in addition to the completion, in the later operation and maintenance also requires a lot of financial resources and manpower, so at present, our domestic basic cities are in a state of loss, and in our country there is a city in the subway profit of up to 10 billion a year.

According to the relevant data, among the more than 20 cities that have opened subways in our country, the most profitable subway operating company is Shenzhen Metro, which has a revenue of up to 100 million yuan and a net profit of up to 100 million yuan in 2019, making it the most profitable subway operating company in China.

As the city with the fastest economic development in China, Shenzhen not only surpasses Hong Kong in terms of GDP, but also catches up with Hong Kong in terms of subway operating income, and is also the first position in our country, so many people will ask, why Shenzhen's subway can be profitable?

In fact, people who have really learned about the company of Shenzhen Metro will find a problem, in fact, the largest income of Shenzhen Metro is not the operation of the subway, mainly because of the company's investment in real estate, the real estate revenue invested by Shenzhen Metro is as high as 100 million yuan, accounting for the company's total revenue, from here we can see that in fact, the most profitable thing for this company is in the real estate project, this wave of operation is really too godly.

If it is really calculated according to the operating income of the subway, Hong Kong is 6 billion yuan, and the revenue of Shenzhen Metro is only yuan, which is not as good as Hong Kong, but according to the revenue and net profit of the entire subway company, the net profit of Shenzhen Metro is much higher than that of Hong Kong.

Shenzhen Metro. Shenzhen Metro made a profit of more than 10 billion yuan in 2019, but its main business is loss-making, and its profit is mainly through property appreciation.

Most of the subways in China are losing money, but there is one city subway that is profitable, which is the subway in Shenzhen. According to the relevant data, among the more than 20 cities that have opened subways in our country, the most profitable subway operating company is Shenzhen Metro, which has a revenue of up to 100 million yuan and a net profit of up to 100 million yuan in 2019, making it the most profitable subway operating company in China.

It is the subway of Shenzhen, and the net profit of Shenzhen Metro in 19 years has reached 100 million yuan.

Shenzhen Metro, in fact, the largest income of Shenzhen Metro is not the operation of the subway, mainly because of the company's investment in real estate, and the real estate revenue invested by Shenzhen Metro is as high as 100 million yuan, accounting for the company's total revenue.

It should be Shenzhen, which is expensive.

Most of it is losing money. The subway in the city is losing money, not only in China, but also in developed countries abroad.

Subway losses are also common. A few years ago, Nanjing Metro.

He once said that they are the only profitable subway in the country, which was also the proudest of Nanjing Metro. But in the past two years, Nanjing Metro has never said that it is profitable, because it is actually still losing money.

The subway system is the only choice for transportation planning in large cities (some places are light rail), because the subway is built underground, does not occupy the land on the ground, so the planning is also very simple, but the problem encountered is that the subway construction cycle is long, the amount of work is large, the investment capital and other shortcomings restrict the possibility of building the subway in small cities.

Although the subway has the above shortcomings, its advantages are also obvious: the advantages of speed blocks and large capacity.

The first thing we need to be clear about is that the subway system, like the bus system, is not operated by the state, but it is a real livelihood project.

If you lose money, the state will also provide corresponding subsidies to the operating agency to maintain the operation. (This is a reflection of why we should pay taxes). Although the subway will not bring any direct financial benefits to the operating institutions and the country at present, the construction of the subway is very necessary for the country and the city in the long run.

The cities where the subway is profitable are Shenzhen, Shenyang, Nanchang, Jinan, Xiamen, Wuhan and so on. Shenzhen: referred to as "Shenzhen", also known as Pengcheng, is a sub-provincial city in Guangdong Province.

Shenyang: referred to as "Shen", known as Fengtian and Shengjing in ancient times, is a prefecture-level city, provincial capital, sub-provincial city, megacity and core city of Shenyang metropolitan area under the jurisdiction of Liaoning Province. Nanchang:

Abbreviated as "Hong" or "Chang", known as Yuzhang and Hongdu in ancient times, it is a prefecture-level city under the jurisdiction of Jiangxi Province, the provincial capital, the core city of the urban agglomeration around Poyang Lake, and an important central city in the middle reaches of the Yangtze River in China. <

The cities where the subway is profitable are Shenzhen, Shenyang, Nanchang, Jinan, Xiamen, Wuhan and so on.

1. Shenzhen: A prefecture-level city under the jurisdiction of Guangdong Province, referred to as "Shenzhen", also known as Pengcheng, is a sub-provincial city in Guangdong Province. It is a city with independent national planning, a megacity, a special economic zone in China, a national economic center city and an international city.

2. Shenyang: referred to as "Shen", known as Fengtian and Shengjing in ancient times, is a prefecture-level city, provincial capital, sub-provincial city, megacity and core city of Shenyang metropolitan area under the jurisdiction of Liaoning Province.

3. Nanchang: referred to as "Hong" or "Chang", known as Yuzhang and Hongdu in ancient times, is a prefecture-level city under the jurisdiction of Jiangxi Province, the provincial capital, the core city of the urban agglomeration around Poyang Lake, and an important central city in the middle reaches of the Yangtze River in China.

4. Jinan: also known as Quancheng, a prefecture-level city, provincial capital, sub-provincial city, megacity, core city of Jinan metropolitan area, the central city of the southern wing of the Bohai Rim region approved by the first approval, the political, cultural, scientific and technological and educational center of Shandong Province, and one of the important transportation hubs in East China.

5. Xiamen: referred to as "Xiamen" or "Lu", also known as Ludao, is a prefecture-level city, a sub-provincial-level city, a city with separate planning under the jurisdiction of Fujian Province, a special economic zone in China, an important central city, port and scenic tourist city on the southeast coast.

1.A brief introduction to China's only profitable subway.

There are currently more than 30 cities in China with metro systems, but only one of those cities is profitable: the Nanjing Metro.

The construction of the Nanjing Metro began in 2002, and there are currently 4 subway lines, and there are many subway lines under construction. Although the scale of Nanjing Metro is small, as the only profitable subway in China, it has become a learning object and a model for many metro companies to follow.

2.The business model of Nanjing Metro.

In addition, Nanjing Metro has implemented a number of cost-saving measures, such as installing LED smart energy-saving lamps in the subway stations, using high-efficiency air conditioners and water heaters, etc. These measures not only provide better service to passengers, but also reduce the company's operating costs.

3.Other metro companies borrowed from the Nanjing Metro.

Nanjing Metro's profit model has received the attention and learning of many metro companies, such as:

Guangzhou Metro: Learn the ticketing system of Nanjing Metro and develop its own "Lingnan Pass" ticketing system.

Shanghai Metro: Learn from the station leasing model of Nanjing Metro and cooperate with commercial real estate companies to build commercial centers.

Beijing Metro: Learn from Nanjing Metro's independent R&D technology and management experience to enhance its own innovation ability.

4.Nanjing Metro improves service quality.

In addition to the innovation of the business model, Nanjing Metro has also made great efforts in the quality of jujube transportation services. For example, the introduction of shuttle bus services, the construction of subway lines and bus lines interchange, etc. At the same time, Nanjing Metro has also carried out a series of potato rock and cultural activities, such as "subway courtesy", etc., to improve passenger satisfaction.

5.Future planning of Nanjing Metro.

In 2019, Nanjing Metro Corporation issued the "Nanjing Metro Line 4-Line 6-8 Planning and Line 1-3 Share Reform Project Total Investment Proposal", planning that by 2025, Nanjing Metro will build 8 subway lines, with a total mileage of 260 kilometers, forming a subway operation network of "eight horizontal, eight vertical and one ring".

6.Summary.

As the only profitable metro in China, Nanjing Metro's innovation in business model and improvement of service quality have provided a lot of inspiration for other metro companies. In the future, Nanjing Metro will continue to promote the construction of subway lines to provide urban residents with a more convenient and comfortable travel experience. We look forward to more subways in cities learning from the experience of Nanjing Metro and making greater contributions to the development of the city.

The biggest impact on people's lives is the mobile phone, which is the undoubted answer, but traffic is also a major factor affecting people's livesNow we are no longer just taking the bus, you can also take the subway, which is not only faster but also very clean and convenient, but many people also ask whether the city's subway is losing money or making a profit? In fact, under normal circumstances, second-tier cities are loss-making, and even loans are used to build, but there is no way, let's analyze it.

Many years ago, Beijing's subway fare should have been a loss when the fare was two yuan. However, now that the fare has been adjusted and the mileage is reasonably distributed**, I think it should be profitable, at least for now.

In fact, not only the subway, but also public transportation, including high-speed rail, railways, etc., are in a state of loss-making operation, because these projects themselves have a semi-public welfare nature, in addition to the ability to build, private enterprises are rarely able to do this thing, and private enterprises are trying to make money, no company will think about losing money all the time. Of course, I personally feel that these public transportation brings us the convenience of travel, and its value cannot be calculated by the input alone. ‍‍

Take Zhengzhou Line 10 as an example, 60% of the stations near the **hoarding land, the news of the subway is released, the land auction ** will be doubled, and the money of the land premium is enough to support the cost of 600 million yuan per kilometer of the subway, saying that the subway loss is because the construction cost is included, but in fact, the construction cost has been earned back through the sale of land, which is equivalent to the buyer's money to build the iron, if it is calculated purely from the operation, it is not a loss.

Hong Kong MTR is known for its high fares and passenger intensity, and its key profit point is not ticket revenue, but its property revenue, which accounts for a large proportion. According to the annual report, in 2014, MTR Corporation had a total revenue of 100 million Hong Kong dollars, but the profit was as high as 11.6 billion Hong Kong dollars, of which the property sector contributed the most: station leasing accounted for 28%, property development accounted for 31%, property leasing and management stations accounted for 24%, ticketing revenue contributed only 15%, and mainland and international business accounted for 2%.

Loss. The operation of the subway does not rely on the profit of the subway itself, and even the advertising effect of the subway extension is not enough to offset the subway expenses. But the tax revenues from the increase in land prices along the subway far outweigh the losses of the subway itself.

Take Shanghai as an example: every time the subway is opened to a place, the housing prices within five kilometers of radiation will rise by 50% within one kilometer to 10% of five kilometers. How powerful is this coverage?

How much has the land tax increased? Needless to say. Therefore, the subway itself is a means of transportation for the benefit of the people, and it is a good project in itself, and by the way, it brings up the big project of real estate, which is a good thing.

Now the state has begun to stop the development and construction of subways in some cities. In fact, the housing price is already too high, and even if the subway is built, the appreciation of the housing price is not obvious. And to build a subway, it costs a lot of money, and the state has to subsidize it.

So, the state cut the project.

From the perspective of construction and operation, it is also very difficult for the subway to make a profit, because the cost is too expensive. At present, the cost of subway construction in China has reached an average of 500 million to 700 million yuan per kilometer, and Beijing has even reached 1 billion yuan per kilometer. In addition, the low fare development model has limited the profitability point, and although the first-tier metro is already learning and imitating Hong Kong's model, there is still a long way to go to fully replicate its success. ‍‍

In 2004, Tokyo Metro was restructured into a wholly-owned shareholder, and the major shareholders are ** and Tokyo Metropolitan Government**. Its operating lines are concentrated in the core area of Tokyo, with a concentrated population and stable passenger flow, and almost no lines are losing money. In fiscal 2013, the company achieved an operating profit of 93.83 billion yen and a net profit of 49.38 billion yen.