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From January to August in 2021, the profits of industrial enterprises above designated size increased by 49.5% year-on-year

Resource from:  CBCC Likes:121
Oct 11,2021


From January to August of 2021, the total profits of industrial enterprises above designated size nationwide will reach 56.05.14 billion yuan, a year-on-year increase of 49.5% (calculated on a comparable basis, see Note 2 for details), an increase of 42.9% from January to August 2019, an average increase over the two years 19.5%.


From January to August, among the industrial enterprises above designated size, state-owned holding companies realized total profits of 1,774.85 billion yuan, an increase of 86.9% year-on-year; joint-stock enterprises realized total profits of 3979.24 billion yuan, an increase of 54.9%; foreign, Hong Kong, Macao and Taiwan-invested enterprises realized total profits of 15139.3 100 million yuan, an increase of 37.5%; private enterprises realized a total profit of 164.296 billion yuan, an increase of 34.4%.


From January to August, the mining industry achieved a total profit of 591.30 billion yuan, a year-on-year increase of 1.51 times; the manufacturing industry achieved a total profit of 468.395 billion yuan, an increase of 48.2%; the electricity, heat, gas and water production and supply industries achieved a total profit of 329.89 billion yuan, down 6.5%.


From January to August, among 41 major industrial sectors, 37 industries increased their profits year-on-year, 1 industry turned losses into profits, 1 industry remained flat, and 2 industries declined. The profit of the main industries is as follows: the total profit of the petroleum, coal and other fuel processing industries increased by 24.71 times year-on-year, the oil and natural gas extraction industry increased by 2.65 times, the non-ferrous metal smelting and rolling processing industry increased by 1.78 times, and the ferrous metal smelting and rolling processing industry increased by 1.56 times. Times, chemical raw materials and chemical products manufacturing increased by 1.45 times, coal mining and washing industry increased by 1.45 times, computer, communications and other electronic equipment manufacturing increased by 34.8%, electrical machinery and equipment manufacturing increased by 24.1%, general equipment manufacturing increased by 20.6%, non-metallic mineral products industry increased by 16.8%, special equipment manufacturing industry increased by 15.6%, automobile manufacturing industry increased by 5.5%, textile industry increased by 2.3%, and agricultural and sideline food processing industry decreased by 4.0%. Electricity and heat production and supply industries fell 15.3%.


From January to August, the operating income of industrial enterprises above designated size was 80.00 trillion yuan, an increase of 23.9% year-on-year; operating costs were 66.95 trillion yuan, an increase of 23.0%; the operating income margin was 7.01%, an increase of 1.20 percentage points year-on-year.


At the end of August, the assets of industrial enterprises above designated size totaled 135.40 trillion yuan, an increase of 9.2% year-on-year; the total liabilities were 76.38 trillion yuan, an increase of 8.4%; the total owner’s equity was 59.02 trillion yuan, an increase of 10.2%; the asset-liability ratio was 56.4%. A year-on-year decrease of 0.4%.


At the end of August, the accounts receivable of industrial enterprises above designated size was 18.12 trillion yuan, an increase of 12.1% year-on-year; the inventory of finished products was 5.20 trillion yuan, an increase of 14.2%.


From January to August, the cost per hundred yuan of operating income of industrial enterprises above designated size was 83.69 yuan, a year-on-year decrease of 0.65 yuan; the cost per hundred yuan of operating income was 8.39 yuan, a year-on-year decrease of 0.57 yuan.


At the end of August, the operating income of industrial enterprises above designated size per 100 yuan of assets was 91.5 yuan, an increase of 10.7 yuan year-on-year; the per capita operating income was 1.637 million yuan, an increase of 316,000 yuan year-on-year; the number of finished product inventory turnover days was 17.6 days, a year-on-year decrease of 1.8 Days; the average payback period of accounts receivable was 51.6 days, a year-on-year decrease of 4.4 days.


In August, industrial enterprises above designated size achieved a total profit of 680.28 billion yuan, a year-on-year increase of 10.1%.

(CBCC)
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