The Profit Data Of Industrial Enterprises Above Designated Size In China From January To September

From January to September, the total profit of Industrial Enterprises above Designated Size nationwide reached 6344.08 billion yuan, up 44.7% year on year (based on comparable caliber), 41.2% higher than that from January to September 2019, and an average increase of 18.8% in two years.

From January to September, the total profits of state-owned holding enterprises were 1985.05 billion yuan, an increase of 77.9% year on year; The total profit of joint-stock enterprises reached 4520.9 billion yuan, an increase of 50.5%; The total profits of foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan reached 1697.8 billion yuan, an increase of 31.7%; The total profit of private enterprises reached 186.63 billion yuan, an increase of 30.7%.

From January to September, the total profit of the mining industry reached 700.69 billion yuan, a year-on-year increase of 1.62 times; The total profit of the manufacturing industry was 5298.64 billion yuan, an increase of 42.9%; The total profits of the power, heat, gas and water production and supply industries reached 344.75 billion yuan, down 15.2%.

From January to September, the total profits of 35 industries increased year-on-year, one industry turned losses into profits, and five industries decreased. The profits of the main industries are as follows: the total profits of petroleum, coal and other fuel processing industries increased by 9.30 times over the same period of last year; the oil and natural gas exploitation industry increased by 2.67 times; the coal mining and washing industry increased by 1.72 times; the nonferrous metal smelting and rolling processing industry increased by 1.62 times; the ferrous metal smelting and rolling processing industry increased by 1.45 times; the chemical raw materials and chemical products manufacturing industry increased by 1.27 times, The manufacturing industry of computer, communication and other electronic equipment increased by 38.7%, general equipment manufacturing by 17.9%, special equipment manufacturing by 17.8%, electrical machinery and equipment manufacturing by 16.0%, non-metallic mineral products by 14.7%, textile by 1.4%, automobile manufacturing by 1.2%, agricultural and sideline food processing industry by 7.1%, and power and heat production and supply by 24.6%.

From January to September, the operating revenue of Industrial Enterprises above Designated Size reached 91.16 trillion yuan, up 22.2% year on year; The operating costs incurred were 76.33 trillion yuan, an increase of 21.3%; The profit margin of operating revenue was 6.96%, with a year-on-year increase of 1.09 percentage points.

At the end of September, the assets of Industrial Enterprises above Designated Size totaled 136.79 trillion yuan, up 9.1% year on year; Liabilities totaled 77.06 trillion yuan, up 8.2 percent; Owners' equity totaled 59.73 trillion yuan, up 10.4 percent; The asset liability ratio was 56.3%, a year-on-year decrease of 0.5 percentage points.

At the end of September, the accounts receivable of Industrial Enterprises above Designated Size reached 18.32 trillion yuan, up 11.5% year on year; Finished goods inventory was 5.15 trillion yuan, up 13.7%.

From January to September, the cost of every 100 yuan operating income of Industrial Enterprises above designated size was 83.73 yuan, a year-on-year decrease of 0.57 yuan; The expenses per 100 yuan of operating income was 8.41 yuan, a decrease of 0.55 yuan year-on-year.

At the end of September, the operating income of Industrial Enterprises above designated size per 100 yuan of assets was 92.2 yuan, an increase of 9.7 yuan on a year-on-year basis; The per capita operating income was 1.654 million yuan, with a year-on-year increase of 303000 yuan; The turnover days of finished goods inventory was 17.3 days, a year-on-year decrease of 1.5 days; The average payback period of accounts receivable was 51.2 days, with a year-on-year decrease of 3.8 days.

In September, the total profits of Industrial Enterprises above Designated Size reached 738.74 billion yuan, up 16.3% year on year.

(source: National Bureau of Statistics)