National Bureau of Statistics: In the first seven months, the profits of industrial enterprises above designated size in China decreased by 15.5%. Total profits | year-on-year | enterprises

Release time:Apr 15, 2024 15:11 PM

From January to July, industrial enterprises above designated size in China achieved a total profit of 3943.98 billion yuan, a year-on-year decrease of 15.5%, which is 1.3 percentage points narrower than the period from January to June.

From January to July, among industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 138059 billion yuan, a year-on-year decrease of 20.3%; The total profit of joint-stock enterprises reached 288.356 billion yuan, a decrease of 16.6%; Foreign and Hong Kong, Macao, and Taiwan invested enterprises achieved a total profit of 935.57 billion yuan, a decrease of 12.4%; Private enterprises achieved a total profit of 1022.66 billion yuan, a decrease of 10.7%.

From January to July, the mining industry achieved a total profit of 782.74 billion yuan, a year-on-year decrease of 21.0%; The manufacturing industry achieved a total profit of 2769.42 billion yuan, a decrease of 18.4%; The production and supply industries of electricity, heat, gas, and water achieved a total profit of 391.82 billion yuan, an increase of 38.0%.

From January to July, among 41 major industrial sectors, 13 industries saw a year-on-year increase in total profit, while 28 industries saw a decrease. The profit situation of the main industries is as follows: the total profit of the power and heat production and supply industry increased by 51.2% year-on-year, the electrical machinery and equipment manufacturing industry increased by 33.7%, the general equipment manufacturing industry increased by 14.5%, the specialized equipment manufacturing industry increased by 2.1%, the automobile manufacturing industry increased by 1.0%, the oil and gas extraction industry decreased by 11.4%, the textile industry decreased by 20.3%, the coal extraction and washing industry decreased by 26.2%, the computer, communication and other electronic equipment manufacturing industry decreased by 26.4%, the non-metallic mineral products industry decreased by 28.8%, the agricultural and sideline food processing industry decreased by 32.6%, the non-ferrous metal smelting and rolling processing industry decreased by 36.7%, the chemical raw material and chemical product manufacturing industry decreased by 54.3%, the oil, coal and other fuel processing industry decreased by 87.0%, and the ferrous metal smelting industry decreased And the rolling and processing industry decreased by 90.5%.

From January to July, industrial enterprises above designated size achieved a revenue of 73.22 trillion yuan, a year-on-year decrease of 0.5%; Operating costs incurred amounted to 62.40 trillion yuan, an increase of 0.2%; The operating profit margin was 5.39%, a year-on-year decrease of 0.95 percentage points.

At the end of July, the total assets of industrial enterprises above designated size amounted to 161.40 trillion yuan, a year-on-year increase of 6.5%; The total liabilities amounted to 92.92 trillion yuan, an increase of 6.8%; The total owner's equity was 68.48 trillion yuan, an increase of 6.2%; The asset liability ratio was 57.6%, an increase of 0.2 percentage points year-on-year.

At the end of July, accounts receivable of industrial enterprises above designated size reached 23.11 trillion yuan, a year-on-year increase of 9.7%; Finished product inventory reached 6.10 trillion yuan, an increase of 1.6%.

From January to July, the cost per 100 yuan of operating revenue for industrial enterprises above designated size was 85.22 yuan, an increase of 0.62 yuan year-on-year; The expense per 100 yuan of operating income is 8.37 yuan, an increase of 0.30 yuan year-on-year.


National Bureau of Statistics: In the first seven months, the profits of industrial enterprises above designated size in China decreased by 15.5%. Total profits | year-on-year | enterprises

At the end of July, the operating revenue of industrial enterprises above designated size was 79.0 yuan per 100 yuan of assets, a year-on-year decrease of 6.2 yuan; The per capita operating income was 1.739 million yuan, an increase of 49000 yuan year-on-year; The turnover days of finished product inventory were 20.3 days, an increase of 1.1 days year-on-year; The average collection period of accounts receivable is 63.6 days, an increase of 6.3 days year-on-year.

In July, industrial enterprises above designated size achieved a total profit of 556.10 billion yuan, a year-on-year decrease of 6.7%.

Notes


1、 Explanation of indicators and related explanations




1. Total profit: Refers to the surplus of various income after deducting various expenses in the production and operation process of an enterprise, reflecting the total profit and loss realized by the enterprise during the reporting period.




2. Operating income: refers to the economic benefits generated by an enterprise's production and operation activities such as selling goods, providing services, and transferring the right to use assets. Including main business income and other business income.




3. Operating costs refer to the actual costs incurred by an enterprise in its production and operation activities such as selling goods, providing services, and transferring the right to use assets. Including main business costs and other business costs. Operating costs should be matched with operating revenue.




4. Total assets: Refers to the resources formed by past transactions or events of an enterprise, owned or controlled by the enterprise, and expected to bring economic benefits to the enterprise.




National Bureau of Statistics: In the first seven months, the profits of industrial enterprises above designated size in China decreased by 15.5%. Total profits | year-on-year | enterprises

5. Total liabilities: Refers to the current obligations of an enterprise formed by past transactions or events that are expected to result in the outflow of economic benefits.




6. Total owner's equity: refers to the remaining equity enjoyed by the owner after deducting liabilities from enterprise assets.




7. Accounts receivable: Refers to the amount that a company should receive from sales of goods, provision of services, and other business activities measured at amortized cost on the balance sheet date.




8. Finished goods inventory: refers to the finished products that have been processed and produced by an enterprise at the end of the reporting period, and have completed all production processes and can be sold to the outside world.




9. Operating revenue profit margin=total profit ÷ operating revenue x 100%, unit:%.




10. Cost per 100 yuan of operating revenue=operating cost ÷ operating revenue x 100 yuan, unit: yuan.




11. The cost per hundred yuan of operating revenue is divided by operating revenue multiplied by 100 yuan, in yuan.




12. The operating revenue achieved per 100 yuan of assets is equal to operating revenue divided by average assets divided by cumulative months multiplied by 12 x 100, in yuan.




National Bureau of Statistics: In the first seven months, the profits of industrial enterprises above designated size in China decreased by 15.5%. Total profits | year-on-year | enterprises

13. Per capita operating income=operating income ÷ average number of employees ÷ cumulative months x 12, unit: 10000 yuan/person.




14. Asset liability ratio=total liabilities ÷ total assets x 100%, unit:%.




15. The turnover days of finished product inventory=360 x average finished product inventory ÷ operating costs x cumulative months ÷ 12, in days.




16. Average collection period of accounts receivable=360 x Average accounts receivable ÷ Operating income x Accumulated months ÷ 12, in days.




17. In the year-on-year growth column of the total profit of each table, the marked "note" indicates that the total profit of the same period last year was negative, that is, a loss; Positive values indicate year-on-year growth in profits; Values between 0 and -100% indicate a year-on-year decrease in profits; If the decrease exceeds 100%, it indicates that the profit from the same period last year has turned into a loss for the current period; A value of 0 indicates that the profit remained unchanged year-on-year.




18. In the main grouping, state-owned holding enterprises include state-owned absolute holding enterprises and state-owned relative holding enterprises. Foreign and Hong Kong, Macao, and Taiwan invested enterprises include Sino foreign joint ventures, cooperative ventures, and limited liability companies with foreign shareholders accounting for more than 25% of the registered capital of the company. Private enterprises include private limited liability companies, private joint-stock limited companies, private partnerships, and private sole proprietorships.




2、 The growth rate of indicators such as total profit and operating revenue of industrial enterprises above designated size is calculated based on comparable standards. There are incomparable factors between the data for the reporting period and the same indicator data published last year, and the growth rate cannot be directly compared for calculation. The main reason is that according to the statistical system, the scope of investigation for industrial enterprises above designated size is adjusted regularly every year. Every year, some enterprises meet the scale standards and are included in the investigation scope, while others withdraw from the investigation scope due to a decrease in scale. There are also changes such as new production enterprises, bankruptcy, and cancellation of enterprises. Strengthen statistical law enforcement, clean up enterprises found in statistical law enforcement inspections that do not meet the requirements of industrial statistics above designated size, and revise the relevant base in accordance with regulations. Strengthen data quality management and eliminate duplicate statistical data across regions and industries.




3、 Statistical scope




National Bureau of Statistics: In the first seven months, the profits of industrial enterprises above designated size in China decreased by 15.5%. Total profits | year-on-year | enterprises

Industrial enterprises above designated size, namely industrial legal entities with an annual main business income of 20 million yuan or more.


4、 Survey methods



A comprehensive investigation of the financial status of industrial enterprises above designated size is conducted on a monthly basis.


5、 Industry classification standards



Implement industry classification standards for the national economy.

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