National Bureau Of Statistics: Textile Industry Of Industrial Enterprises Above Designated Size Increased By 4.7% From January To May

From January to may, the total profits of Industrial Enterprises above Designated Size nationwide reached 3424.74 billion yuan, up 83.4% year on year, 48.0% higher than that from January to may 2019, and an average increase of 21.7% in two years.

From January to may, the state-owned holding enterprises achieved a total profit of 1104.99 billion yuan, a year-on-year increase of 1.50 times; The total profit of joint-stock enterprises reached 2413.3 billion yuan, an increase of 86.5%; The total profits of foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan reached 939.44 billion yuan, an increase of 80.8%; The total profit of private enterprises reached 1019.8 billion yuan, an increase of 56.3%.

From January to may, the total profits of the mining industry reached 300.87 billion yuan, a year-on-year increase of 1.36 times; The total profit of the manufacturing industry was 290.66 billion yuan, an increase of 85.2%; The total profits of the power, heat, gas and water production and supply industries reached 223.21 billion yuan, an increase of 29.1%.

From January to may, the total profits of 39 industries increased year-on-year, one industry turned losses into profits and one industry realized loss reduction. The profits of main industries are as follows: the total profits of nonferrous metal smelting and rolling processing industry increased by 3.87 times, ferrous metal smelting and rolling processing industry increased by 3.77 times, oil and natural gas exploitation industry increased by 2.73 times, chemical raw materials and chemical products manufacturing industry increased by 2.11 times, coal carbon mining and washing industry increased by 1.09 times, and automobile manufacturing industry increased by 81.1%, Electrical machinery and equipment manufacturing industry increased by 49.8%, computer, communication and other electronic equipment manufacturing industry increased by 49.3%, general equipment manufacturing industry increased by 45.5%, special equipment manufacturing industry increased by 38.4%, non-metallic mineral products industry increased by 30.3%, power and heat production and supply industry increased by 24.7%, agricultural and sideline food processing industry increased by 11.0%, textile industry increased by 4.7% The coal and other fuel processing industries turned from losses to profits in the same period.

From January to may, the operating income of Industrial Enterprises above Designated Size reached 48.15 trillion yuan, an increase of 30.5% year on year; The operating costs incurred were 40.20 trillion yuan, an increase of 28.6%; The profit margin of operating revenue was 7.11%, with a year-on-year increase of 2.05 percentage points.

At the end of May, the assets of Industrial Enterprises above Designated Size totaled 131.41 trillion yuan, up 9.3% year on year; Liabilities totaled 73.96 trillion yuan, up 8.2 percent; Owners' equity totaled 57.44 trillion yuan, up 10.8 percent; The asset liability ratio was 56.3%, a year-on-year decrease of 0.6 percentage points.

At the end of May, the accounts receivable of Industrial Enterprises above Designated Size reached 17.44 trillion yuan, up 14.1% year on year; Finished goods inventory was 4.93 trillion yuan, up 10.2%.

From January to may, the cost of every 100 yuan operating income of Industrial Enterprises above designated size was 83.48 yuan, a year-on-year decrease of 1.24 yuan; The expenses per 100 yuan of operating income was 8.38 yuan, a year-on-year decrease of 0.72 yuan.

At the end of May, the operating income of Industrial Enterprises above designated size per 100 yuan of assets was 89.5 yuan, an increase of 14.5 yuan on a year-on-year basis; The per capita operating income was 1.589 million yuan, an increase of 363000 yuan over the same period of last year; The turnover days of finished goods inventory was 17.8 days, a decrease of 3.1 days on a year-on-year basis; The average payback period of accounts receivable was 52.5 days, with a year-on-year decrease of 7.0 days.

In May, the total profits of Industrial Enterprises above Designated Size reached 829.92 billion yuan, up 36.4% year on year.