From 1 To July, Profits Of Industrial Enterprises Above Designated Size Dropped By 1.7%.

From 1 to July, the total profit of Industrial Enterprises above Designated Size reached 3 trillion and 497 billion 700 million yuan, down 1.7% compared with the same period last year (according to the calculation of the comparable caliber, considering the adjustment of the caliber stipulated by the statistical system, the enhancement of statistical enforcement, the elimination of duplicated data, the stripping of enterprise reform, and the four general unit inventory check, etc.), as detailed in note four, the decline was narrowed by 0.7 percentage points from 1 to June.

From 1 to July, the total profits of state holding enterprises in the industrial enterprises above Designated Size amounted to 1 trillion and 83 billion 740 million yuan, down 8.1% from the same period last year. The total profit of the joint-stock enterprises reached 2 trillion and 503 billion 300 million yuan, an increase of 0.6%; the total profits of foreign invested enterprises and Hong Kong, Macao and Taiwan invested enterprises reached 850 billion 240 million yuan, a decrease of 6.9%; and the total profits of private enterprises reached 884 billion 910 million yuan, up 7%.

From 1 to July, the total profit of the mining industry amounted to 335 billion 440 million yuan, up 4.2% over the same period last year. The total profit of the manufacturing industry was 2 trillion and 877 billion 370 million yuan, a decrease of 3.4%, and the total profit of electricity, heat, gas and water production and supply reached 284 billion 890 million yuan, an increase of 10.6%.

From 1 to July, in 41 industrial sectors, the total profits of 29 industries increased year by year, and 12 industries decreased. The profit of the main industries is as follows: the total profit of the electrical machinery and equipment manufacturing industry increased by 15.6% year-on-year, the special equipment manufacturing industry increased by 14.3%, the oil and natural gas extraction industry increased by 12.9%, the electricity and heat production and supply industry increased by 12.2%, the non-ferrous metal products industry increased by 10.8%, the non-ferrous metal smelting and calendering processing industry increased by 6%, the general equipment manufacturing industry increased by 5.1%, the agricultural and sideline food processing industry increased by 0.9%, the textile industry grew 0.1%, the petroleum, coal and other fuel processing industries dropped by 50.6%, the ferrous metal smelting and calendering processing industry dropped 25.1%, the automobile manufacturing industry declined, the chemical raw materials and chemical products manufacturing industry declined, and the computer, telecommunications and other electronic equipment manufacturing industry declined, and the coal mining and washing industry declined.

From 1 to July, industrial enterprises above Designated Size achieved operating income of 59 trillion and 580 billion yuan, an increase of 4.9% over the same period last year, operating costs of 50 trillion and 270 billion yuan, an increase of 5.2%, and operating income margin of 5.87%, down 0.39 percentage points from the same period last year.

At the end of 7, assets of Industrial Enterprises above Designated Size totaled 114 trillion and 750 billion yuan, up 5.9% over the same period last year; liabilities totaled 65 trillion and 160 billion yuan, an increase of 4.9%; owners' equity totaled 49 trillion and 590 billion yuan, an increase of 7.1%; asset liability ratio was 56.8%, a decrease of 0.5 percentage points over the same period last year.

At the end of 7, receivables and accounts receivable of Industrial Enterprises above designated size were 16 trillion and 590 billion yuan, an increase of 3.1% over the same period last year, and inventories of finished goods were 4 trillion and 251 billion 850 million yuan, up 2.3%.

From 1 to July, the cost of industrial revenue per 100 yuan for industrial enterprises above designated size was 84.38 yuan, an increase of 0.24 yuan compared with the same period last year, and the cost per 100 yuan business income was 8.64 yuan, an increase of 0.20 yuan compared with the same period last year.

At the end of 7, the operating income of Industrial Enterprises above 100 yuan per 100 yuan reached 91 yuan, a decrease of 1.1 yuan compared with the same period last year, and the per capita operating income was 1 million 357 thousand yuan, an increase of 115 thousand yuan compared with the same period last year. The turnover period of finished goods inventory was 17.2 days, a decrease of 0.2 days compared with that of the previous year; the average payback period of receivable and accounts receivable was 54.2 days, an increase of 1.1 days compared with the same period.

In July, the total profits of Industrial Enterprises above Designated Size reached 512 billion 670 million yuan, up 2.6% over the same period last year, and 3.1% in June.