
From January to August, the national industrial enterprises above designated size achieved a total profit of 5.27198 billion yuan, a year-on-year increase of 15.7%; the profits of state-owned holding enterprises increased by 10.3%, and the profits of joint-stock enterprises increased by 20.4%; the profits of the mining industry increased by 35.1%, the manufacturing industry increased by 17.4%, and the electricity, heat, gas and water production and supply industry decreased by 12.0%; profits in many industries achieved double-digit growth, and the petroleum, coal and other fuel processing industries turned from losses to profits.
AI-generated summary
The data comes from the National Statistics and Industry Department and reflects the economic operations of industrial enterprises above designated size nationwide from January to August.
From January to August, the national industrial enterprises above designated size achieved a total profit of 5.27198 billion yuan, a year-on-year increase of 15.7% (calculated on a comparable basis).
From January to August, among industrial enterprises above designated size, state-controlled enterprises realized a total profit of 1,675.99 billion yuan, a year-on-year increase of 10.3%; joint-stock enterprises realized a total profit of 4,071.46 billion yuan, an increase of 20.4%; foreign and Hong Kong, Macao and Taiwan-invested enterprises realized a total profit of 1,179.47 billion yuan, an increase of 2.3%; private enterprises realized a total profit of 1,321.32 billion yuan, an increase of 10.4%.
From January to August, the mining industry realized a total profit of 766.15 billion yuan, a year-on-year increase of 35.1%; the manufacturing industry realized a total profit of 3.96953 billion yuan, an increase of 17.4%; the electricity, heat, gas and water production and supply industry realized a total profit of 536.30 billion yuan, a decrease of 12.0%.
From January to August, the profit situation of the main industries is as follows: the computer, communication and other electronic equipment manufacturing industry profits increased by 1.1 times year-on-year, the non-ferrous metal smelting and rolling processing industry increased by 82.9%, the coal mining and washing industry increased by 51.6%, the chemical raw materials and chemical products manufacturing industry increased by 51.0%, the oil and natural gas extraction industry increased by 17.0%, the textile industry increased by 11.9%, and the general equipment manufacturing industry increased by 11.9%. 2.5%, special equipment manufacturing industry decreased by 2.1%, electrical machinery and equipment manufacturing industry decreased by 5.2%, electricity and heat production and supply industry decreased by 15.1%, automobile manufacturing industry decreased by 16.0%, agricultural and sideline food processing industry decreased by 17.4%, non-metallic mineral products industry decreased by 46.7%, ferrous metal smelting and rolling processing industry decreased by 62.4%, and petroleum, coal and other fuel processing industries turned from losses to profits.
From January to August, industrial enterprises above designated size achieved operating income of 93.09 trillion yuan, a year-on-year increase of 6.6%; operating costs incurred were 79.19 trillion yuan, an increase of 6.1%; the operating income profit margin was 5.66%, a year-on-year increase of 0.44 percentage points.
At the end of August, the total assets of industrial enterprises above designated size were 197.33 trillion yuan, a year-on-year increase of 6.4%; the total liabilities were 115.44 trillion yuan, an increase of 7.0%; the total owners' equity was 81.89 trillion yuan, an increase of 5.7%; the asset-liability ratio was 58.5%, a year-on-year increase of 0.3 percentage points.
At the end of August, the accounts receivable of industrial enterprises above designated size were 29.48 trillion yuan, a year-on-year increase of 9.0%; the inventory of finished products was 7.36 trillion yuan, an increase of 11.0%.
From January to August, the cost per 100 yuan of operating income of industrial enterprises above designated size was 85.07 yuan, a year-on-year decrease of 0.41 yuan; the expense per 100 yuan of operating income was 8.35 yuan, a year-on-year decrease of 0.14 yuan.
At the end of August, the operating income per 100 yuan of assets of industrial enterprises above designated size was 72.4 yuan, an increase of 0.4 yuan year-on-year; the per capita operating income was 1.922 million yuan, an increase of 125,000 yuan year-on-year; the inventory turnover days of finished products were 21.3 days, an increase of 0.6 days year-on-year; the average recovery period of accounts receivable was 72.2 days, an increase of 0.9 days year-on-year.
In August, profits of industrial enterprises above designated size increased by 4.2% year-on-year.
AI outlook — possibilities, not facts
The profit growth rate of industrial enterprises is expected to remain in the double-digit range in the future.
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