Research Article
Impact of the Reduction of VAT Rate on Southeast Coastal Real Estate Enterprises
Table 1
Descriptive statistics of listed real estate companies in the southeast coastal area (201801–202003).
| | Variable name | Max | Min | Mean | Standard deviation |
| | Operating tax rate | 11.12% | 5.57% | 8.35% | 0.0197 | | Operating profit margin | 69.12% | −225.35% | −16.17% | 0.7756 | | Inventory turnover | 5.8787 | 2.3258 | 3.7595 | 1.2958 | | Operating revenue (100 million) | 90.6809 | 28.3606 | 49.9455 | 18.9512 | | Inventory (100 million) | 640.6957 | 445.2967 | 535.7372 | 65.9843 | | Taxes and surcharges (100 million) | 7.7110 | 1.8498 | 3.6598 | 1.8681 | | The total profit (100 million) | 16.5877 | 4.5637 | 8.5889 | 4.0444 | | Cash inflow from operating activities (100 million) | 100.1789 | 58.9765 | 82.2370 | 12.1910 | | Cash outflow from operating activities (100 million) | 91.1657 | 58.8551 | 77.6613 | 9.2203 |
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