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

From 1 to August 2019, the profits of Industrial Enterprises above Designated Size dropped by 1.7%.

From 1 to August, the total profit of Industrial Enterprises above Designated Size reached 4 trillion and 16 billion 350 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 divestiture of enterprise reform, and the four general unit inventory check, etc.), the detailed explanation is in note four), and the decline is flat from 1 to July.

From 1 to August, the total profits of state holding enterprises in the industrial enterprises above Designated Size amounted to 1 trillion and 214 billion 150 million yuan, down 8.6% from the same period last year. The total profit of the joint-stock enterprises reached 2 trillion and 958 billion 110 million yuan, unchanged from the same period last year. The total profits of foreign invested enterprises and Hong Kong, Macao and Taiwan invested enterprises reached 978 billion 960 million yuan, down 5.8%; and the total profits of private enterprises were 1 trillion and 130 billion 340 million yuan, up 6.5%.

From 1 to August, the total profit of the mining industry amounted to 380 billion 740 million yuan, up 2.1% over the same period last year. The total profit of the manufacturing industry was 3 trillion and 304 billion 500 million yuan, a decrease of 3.2%, and the total profit of electricity, heat, gas and water production and supply reached 331 billion 110 million yuan, an increase of 11%.

From 1 to August, in 41 industrial sectors, the total profits of 28 industries increased year by year, and 13 industries decreased. The profit of the main industries is as follows: the total profit of the electrical machinery and equipment manufacturing industry increased by 15.8% compared with the previous year, the special equipment manufacturing industry increased by 13.3%, the electricity and heat production and supply industry increased by 12.4%, the non-ferrous metal products industry increased by 11.1%, the oil and natural gas extraction industry increased by 9.7%, the general equipment manufacturing industry increased by 4.3%, the agricultural and sideline food processing industry increased by 2.5%, the petroleum, coal and other fuel processing industries decreased by 53.1%, ferrous metal smelting and calendering processing industry dropped by 31.3%, the automobile manufacturing industry dropped by 19%, the chemical raw materials and chemical products manufacturing industry dropped to 31.3%, the coal mining and washing industry declined, the textile industry declined, and the computer, telecommunications and other electronic equipment manufacturing industries declined.

From 1 to August, industrial enterprises above Designated Size achieved operating income of 68 trillion and 390 billion yuan, an increase of 4.7% over the same period last year, operating costs of 57 trillion and 710 billion yuan, an increase of 5%, and operating income margin of 5.87%, down 0.38 percentage points from the same period last year.

At the end of 8, assets of Industrial Enterprises above Designated Size totaled 115 trillion and 780 billion yuan, up 5.8% over the same period last year; liabilities totaled 65 trillion and 810 billion yuan, an increase of 5%; owners' equity totaled 49 trillion and 970 billion yuan, an increase of 6.9%; asset liability ratio was 56.8%, a decrease of 0.5 percentage points over the same period last year.

At the end of 8, receivables and accounts receivable of Industrial Enterprises above designated size were 16 trillion and 920 billion yuan, an increase of 4% over the same period last year, and inventories of finished goods were 4 trillion and 289 billion 810 million yuan, up 2.2%.

From 1 to August, the cost of industrial revenue per 100 yuan for industrial enterprises above designated size was 84.39 yuan, an increase of 0.25 yuan compared with the same period last year, and the cost per 100 yuan business income was 8.62 yuan, an increase of 0.17 yuan compared with the same period last year.

At the end of 8, the operating income of Industrial Enterprises above 100 yuan per 100 yuan reached 91 yuan, a decrease of 1.2 yuan compared with the same period last year, and the per capita operating income was 1 million 364 thousand yuan, an increase of 112 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 54.5 days, an increase of 1.4 days compared with the same period.

In August, the total profits of Industrial Enterprises above Designated Size amounted to 517 billion 790 million yuan, down 2% from the same period last year, and 2.6% in July.