From January to August, the total profits of Industrial Enterprises above the national scale reached 465.82 billion yuan, down 11.7% from the same period last year, and the decline was 3.8 percentage points narrower than that in January-July.
From January to August, among the industrial enterprises above the designated size, the state-owned holding enterprises realized a total profit of 15841 1.06 billion yuan, down by 16.5% over the same period of last year; the joint-stock enterprises realized a total profit of 34018 1.04 billion yuan, down by 12.1%; The total profits of enterprises by foreign investors and investors from Hong Kong, Macao and Taiwan reached a 11092 of 1.07 billion yuan, down by 11.1%; the total profits of private enterprises reached a 12487 of 1.02 billion yuan, down by 4.6%.
From January to August, the mining industry realized a total profit of 890.63 billion yuan, down 20.5% from the same period last year; the manufacturing industry realized a total profit of 32982 1.08 billion yuan, down 13.7%; the electricity, heat, gas and water production and supply industry realized a total profit of 466.91 billion yuan, up 40.4%.
From January to August, the profits of major industries are as follows: the total profits of the power and thermal production and supply industry increased by 53.4%, the electrical machinery and equipment manufacturing industry increased by 33.0%, the general equipment manufacturing industry increased by 12.9%, the special equipment manufacturing industry increased by 3.6%, and the automobile manufacturing industry increased by 2.4%. The oil and gas extraction industry decreased by 10.8%, the textile industry by 15.0%, the computer, communications and other electronic equipment manufacturing industry by 20.6%, the agricultural and sideline food processing industry by 26.0%, the coal mining and washing industry by 26.3%, the non-metallic mineral products industry by 26.8%, the non-ferrous metal smelting and calendering industry by 27.0%, Chemical raw materials and chemical products manufacturing industry decreased by 51.1%, ferrous metal smelting and calendering industry decreased by 57.1%, and petroleum, coal and other fuel processing industry decreased by 68.9%.
From January to August, the operating income of industrial enterprises above designated size was 84.33 trillion yuan, down 0.3% year-on-year; the operating cost was 71.83 trillion yuan, up 0.2%; the profit margin of operating income was 5.52%, down 0.71 percentage points year-on-year. At the end of
August, the total assets of industrial enterprises above designated size were 163.01 trillion yuan, up 6.6% year-on-year; the total liabilities were 93.87 trillion yuan, up 7.0%; the total owner's equity was 69.14 trillion yuan, up 6.1%; the asset-liability ratio was 57.6%, up 0.2 percentage points year-on-year. By the end of
August, the accounts receivable of industrial enterprises above designated size was 23.41 trillion yuan, up 9.5% year on year, and the inventory of finished products was 6.15 trillion yuan, up 2.4%.
From January to August, the cost per 100 yuan of operating income of industrial enterprises above designated size was 85.17 yuan, an increase of 0.42 yuan over the same period last year; the expense per 100 yuan of operating income was 8.33 yuan, an increase of 0.28 yuan over the same period last year. At the end of
August, the operating income of industrial enterprises above designated size per 100 yuan of assets was 79.2 yuan, a year-on-year decrease of 6.1 yuan; the per capita operating income was 1.75 million yuan, an increase of 52,000 yuan; the turnover days of finished goods inventory was 20.3 days, an increase of 1.2 days; The average payback period of accounts receivable was 63.5 days, representing a year-on-year increase of 6.0 days.
In August, the profits of industrial enterprises above designated size increased by 17.2% year on year.