In 1-2, The Profits Of Industrial Enterprises Above Designated Size Dropped By 14% Over The Same Period Last Year.

In the 1-2 month, the total profit of Industrial Enterprises above Designated Size reached 708 billion 10 million yuan, down 14% compared with the same period last year (according to the calculation of the comparable caliber, considering the adjustment of the caliber stipulated in the statistical system, the enhancement of statistical enforcement, the elimination of duplicated data, the divestiture of enterprise reform, and the four general unit inventory check, etc.), see the note four for details.

In the 1-2 month, the state-owned enterprises in the industrial enterprises above Designated Size realized a total profit of 222 billion 370 million yuan, down 24.2% from the same period last year; the total profit of the joint-stock enterprises reached 493 billion 690 million yuan, a decrease of 13.5%; the total profits of foreign invested enterprises and Hong Kong, Macao and Taiwan invested enterprises reached 177 billion 370 million yuan, a decrease of 14.5%; private enterprises realized a total profit of 188 billion 950 million yuan, decreasing by 5.8%.

In the 1-2 month, the total profit of the mining industry amounted to 70 billion 150 million yuan, down 12.6% from the same period last year. The total profit of the manufacturing industry was 568 billion 190 million yuan, a decrease of 15.7%, and the total profit of electricity, heat, gas and water production and supply reached 69 billion 670 million yuan, an increase of 0.9%.

In 1-2 months, the total profit of 20 industries increased in the 41 industrial sectors, 1 industries were flat, and 20 industries were reduced.

The profits of the main industries are as follows: the total profit of the special equipment manufacturing industry increased by 14% year-on-year, the electrical machinery and equipment manufacturing industry increased by 10.9%, the electricity and heat production and supply industry increased by 4.2%, the general equipment manufacturing industry increased by 3.1%, the petroleum, coal and other fuel processing industries decreased by 70.4%, the ferrous metal smelting and rolling processing industry decreased by 59%, the automobile manufacturing industry decreased by 42%, the non-ferrous metal smelting and calendering processing industry decreased by 34.5%, the chemical raw materials and chemical products manufacturing industry dropped by 27.2%, the coal mining and washing industry dropped to 23.2%, and the computer, telecommunications and other electronic equipment manufacturing industry dropped to 27.2%, the textile industry declined, the oil and natural gas extraction industry dropped, and the agricultural and sideline food processing industry dropped.

In 1-2, industrial enterprises above Designated Size achieved operating income of 14 trillion and 800 billion yuan, an increase of 3.3% over the same period last year, operating costs of 12 trillion and 500 billion yuan, an increase of 3.9%, and operating income margin of 4.79%, down 0.96 percentage points from the same period last year.

At the end of 2, assets of Industrial Enterprises above Designated Size totaled 109 trillion and 700 billion yuan, up 6.4% over the same period last year; liabilities totaled 62 trillion and 400 billion yuan, an increase of 6%; owners' equity totaled 47 trillion and 300 billion yuan, an increase of 7%; asset liability ratio was 56.9%, a decrease of 0.2 percentage points over the same period last year.

At the end of 2, receivables and accounts receivable of Industrial Enterprises above designated size were 14 trillion and 200 billion yuan, an increase of 12.2% over the same period last year, and inventories of finished goods were 4 trillion and 4 billion 900 million yuan, up 6.2%.

In 1-2, the cost of industrial revenue per 100 yuan for industrial enterprises above designated size was 84.21 yuan, an increase of 0.52 yuan compared with the same period last year, and the cost per 100 yuan business income was 9.12 yuan, an increase of 0.29 yuan compared with the same period last year.

At the end of 2, the operating income of Industrial Enterprises above 100 yuan per 100 yuan reached 80.9 yuan, a decrease of 2.4 yuan compared with the same period last year, and the per capita operating income was 1 million 194 thousand yuan, an increase of 76 thousand yuan compared with the same period last year. The turnover of finished goods inventory was 19.3 days, an increase of 0.4 days compared with that of the previous year; the average payback period of receivable and accounts receivable was 57.5 days, up 4.6 days from the same period last year.

Note appended:

One, index explanation and related explanation

1, total profit: refers to a company's earnings in the process of production and operation, deducting the surplus after various expenses, reflecting the total profit and loss realized by the enterprise during the reporting period.

2, business income: the inflow of economic benefits generated by production and business activities such as the sale of goods, the provision of labor services and the pfer of assets.

Including main business income and other business income.

3, business cost: refers to the actual cost of production and business activities such as the sale of goods, the provision of labor and the right to pfer assets.

It includes main business cost and other business cost.

The operating cost should be matched with the business income.

4, total assets: refers to the resources formed by enterprises' past pactions or events, which are owned or controlled by enterprises, and are expected to bring economic benefits to enterprises.

5, total liabilities: refers to the existing obligations of enterprises that are expected to cause economic benefits to flow out of the enterprise in the past pactions or events.

6. Total owners' equity: the residual rights and interests enjoyed by the owners after deducting liabilities.

7. Notes receivable and accounts receivable: business receivable from enterprises for sale of goods and services, as well as commercial draft drawn, including bank acceptance and commercial acceptance.

In June 2018, the Ministry of Finance issued the notice on Revising the format of general enterprise financial statements in 2018 (Accounting No. 2018] 15), which revised the format of financial statements of general enterprises. The balance sheet of enterprises no longer listed "accounts receivable" items instead of "receivables and accounts receivable" items.

In order to be consistent with the financial statements of enterprises, since 2019, the monthly "accounts receivable" data have been released, instead of issuing "receivables and accounts receivable" data.

Relevant indicators are adjusted accordingly.

8, finished goods inventory: refers to the finished products at the end of the reporting period, which can be processed and completed, and can be sold externally.

9, operating profit margin = gross profit, operating income x 100%, unit:%.

10, the cost per 100 yuan business income = operating cost, operating income x 100, unit: yuan.

11, the cost per 100 yuan business income = (sales expenses + management costs + R & D expenses + financial expenses), operating income x 100, unit: yuan.

12, operating income per 100 yuan assets = operating income, average assets, accumulated monthly number x 12 x 100, unit: yuan.

13, per capita business income = operating income, average number of employed workers accumulated monthly number 12, unit: 10000 yuan / person.

14, asset liability ratio = Liabilities Total assets total assets x 100%, unit:%.

15, finished product inventory turnover days =360 * average finished product inventory, operating cost * cumulative number of months 12, unit: day.

16. The average payback period for notes receivable and accounts receivable is =360 * average receivable and accounts receivable, operating income * cumulative months 12.

17, in the total profit growth column of each table, the marked "note" indicates that the total profit in the same period last year is negative, that is, the loss; the positive value indicates that the profit has increased year-on-year; the value between 0 and -100% (excluding 0) indicates that the profit has dropped compared with the previous year; the decline of more than 100% indicates that the profit from the same period last year has turned to the current loss; the value of 0 indicates that the profit is flat.

Two, in order to fully reflect the scale of industrial enterprise income, from 2019, the "business income" instead of "main business income".

Relevant indicators are adjusted accordingly.

Three, the collective enterprise data published in the past refers to the type of enterprises registered as "collectives". With the establishment of the modern enterprise system, the proportion of enterprises registered as "collectives" has been declining continuously (the proportion of collective enterprises operating income accounts for only 0.18% of total industrial enterprises above Designated Size) in 2018. Therefore, the data of collective enterprises have been cancelled since 2019.

Four, the growth rate of gross profit and operating income of Industrial Enterprises above designated size is calculated according to comparable caliber.

There is a comparable factor between the reporting date and the same index data released last year, and can not be directly compared to the growth rate.

The main reasons are: (1) according to the statistical system, the investigation scope of Industrial Enterprises above designated size is adjusted regularly every year.

Some enterprises reach the scale standard every year, and some enterprises withdraw from the survey because of their smaller scale. There are also changes in newly built enterprises, bankruptcy, and marketing enterprises.

(two) to strengthen law enforcement statistics, we have cleaned up enterprises found in statistics law enforcement inspection that do not meet the requirements of industrial statistics above Designated Size, and revised the relevant cardinal rules.

(three) strengthen data quality management and eliminate duplicated statistical data across regions and across industries.

According to the latest survey conducted by the National Bureau of statistics on the organizational structure of enterprises, the cross area and cross industry repeated calculation of enterprise groups (companies) began to be weighed up in the fourth quarter of 2017.

(four) after the implementation of the policy of "changing the camp to increase", the service industry changed the value added tax and the tax rate was relatively low. The industrial enterprises gradually stripped the internal non industrial production and operation activities to the service industry, thus reducing the financial data of the industrial enterprises.

(five) according to the results of the comprehensive inventory of the fourth national economic census units, the investigation units of Industrial Enterprises above Designated Size have been verified and adjusted.

Five. Statistical scope

Industrial Enterprises above designated size are the industrial legal entities whose annual main business income is 20 million yuan or more.

Six. Survey method

The financial statements of Industrial Enterprises above Designated Size will be investigated monthly (January data free).

Seven, industry classification standard

To implement the national economic classification standard (GB/T4754-2017), please refer to www.stats.gov.cn/tjsj/tjbz/hyflbz/ for details.