The Profit of Industrial Enterprises above Designated Size From January to July in 2022
National Bureau of Statistics of China2022-08-29 10:37




From January to July, the total profits of industrial enterprises above designated size reached 4,892.95 billion yuan, a year-on-year decrease of 1.1 percent (calculated on a comparable basis, see Note 2 for details).

 

From January to July, among industrial enterprises above designated size, state-owned holding enterprises realized a total profit of 1,737.06 billion yuan, an increase of 8.0 percent year on year; joint stock enterprises realized a total profit of 3,634.73 billion yuan, an increase of 3.2 percent; foreign and Hong Kong, Macao and Taiwan invested enterprises realized a total profit of 1,093.53 billion yuan, down 14.5 percent; private enterprises realized a total profit of 1,311.65 billion yuan, down 7.1 percent.

 

From January to July, the mining industry realized a total profit of 996.11 billion yuan, a year-on-year increase of 1.05 times; the total profit of the manufacturing industry was 3,621.72 billion yuan, down 12.6 percent; the production and supply of electricity, heat, gas and water realized a total profit of 275.12 billion yuan, a decrease of 12.5 percent.

 

From January to July, among the 41 industrial categories, the total profit of 16 industries increased year-on-year, while that of 25 industries decreased. The profits of main industries were as follows: the total profits of coal mining and washing industry increased by 1.41 times, the oil and natural gas mining industry increased by 1.19 times, the electrical machinery and equipment manufacturing industry increased by 18.4 percent, the chemical raw materials and chemical products manufacturing industry increased by 9.3 percent, the non-ferrous metal smelting and processing industry increased by 5.1 percent, the special equipment manufacturing industry decreased by 2.6 percent, the agricultural and sideline food processing industry decreased by 7.5 percent, the non-metallic mineral products industry decreased by 8.2 percent, the manufacturing of computer, communications and other electronic equipment decreased by 9.6 percent, the textile industry decreased by 10.3 percent, the power and heat production and supply industry decreased by 12.0 percent, the general equipment manufacturing industry decreased by 12.8 percent, the automobile manufacturing industry decreased by 14.4 percent, the oil, coal and other fuel processing industry decreased by 44.0 percent, and the ferrous metal smelting and processing industry decreased by 80.8 percent.

 

From January to July, industrial enterprises above designated size achieved an operating income of 76.57 trillion yuan, an increase of 8.8 percent over the same period of last year; the operating cost incurred was 64.85 trillion yuan, an increase of 10.0 percent; the profit margin of operating revenue was 6.39 percent, a year-on-year decrease of 0.63 percentage point.

 

At the end of July, the assets of industrial enterprises above designated size totaled 149.68 trillion yuan, a year-on-year increase of 10.0 percent; the total liabilities were 85.08 trillion yuan, an increase of 10.5 percent; owner's equity totaled 64.60 trillion yuan, an increase of 9.4 percent; the asset liability ratio was 56.8 percent, a year-on-year increase of 0.2 percentage point.

 

At the end of July, the accounts receivable of industrial enterprises above designated size was 20.69 trillion yuan, a year-on-year increase of 14.2 percent; the inventory of finished products was 6.01 trillion yuan, an increase of 16.8 percent.

 

From January to July, the cost of industrial enterprises above designated size per 100 yuan of operating income was 84.70 yuan, an increase of 0.95 yuan year on year; the expenses per 100 yuan of operating income were 7.93 yuan, a year-on-year decrease of 0.50 yuan.

 

At the end of July, the operating income of industrial enterprises above designated size per 100 yuan of assets was 89.9 yuan, a year-on-year decrease of 1.2 yuan; the per capita operating income was 1.754 million yuan, a year-on-year increase of 155,000 yuan; the turnover days of finished goods inventory was 18.4 days, an increase of 1.0 days over the previous year; the average recovery period of accounts receivable was 54.2 days, an increase of 2.7 days over the previous year.

 

 

 

 

Key Financial Indicators of Industrial Enterprises

above the Designated Size From January to July

 

Table I

Indicators

Operating Income

Operating Costs

Total Profits

Volume (100 million yuan)

Increase rate Y/Y

(%)

Volume (100 million yuan)

Increase rate Y/Y

(%)

Volume (100 million yuan)

Increase rate Y/Y

(%)

 

 

 

 

 

 

 

Total

765672.3

8.8

648547.4

10.0

48929.5

-1.1

Of which: Mining and Quarrying

39241.9

36.0

23762.3

21.0

9961.1

105.3

   Manufacturing

663936.4

6.7

567933.8

8.5

36217.2

-12.6

   Production and Distribution of Electricity, Heat, Gas and Water

62494.0

18.7

56851.3

21.6

2751.2

-12.5

Of which: State-holding Enterprises

207876.6

11.4

169967.6

12.6

17370.6

8.0

   Joint-Stock Enterprises

579424.1

10.4

491106.7

11.4

36347.3

3.2

   Enterprises with Funds From Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises

159430.6

2.5

135212.5

4.3

10935.3

-14.5

Of which: Private Enterprises

293258.1

6.5

255545.9

7.4

13116.5

-7.1

 

 

 

 

 

 

 

Note:

1. Due to the overlap of economic type grouping, the sum of sub-items is greater than the total.

2.Due to the rounding-off reasons, the subentries may not add up to the aggregate totals, no adjustment. 

 

Quality Performance Indicators of Industrial Enterprises

above the Designated Size in 2022

Table II

Indicators

Profit Rate of Revenue

Costs for per-hundred-yuan

 

Expenses for per-hundred-yuan

Revenue from Brought by per Hundred yuan Assets

Per captal Income

Asset-Liability Ratio

Turnover Days of Finished Goods

Average Payback Period of Accounts Receivable

Jan-Jul (%)

Jan-Jul (yuan)

Jan- Jul (yuan)

By the end of July(yuan)

By the end of July(10 thousand yuan/ person)

By the end of July(%)

By the end of July (days)

By the end of July (days)

 

 

 

 

 

 

 

 

 

Total

6.39

84.70

7.93

89.9

175.4

56.8

18.4

54.2

Of which: Mining and Quarrying

25.38

60.55

8.48

55.2

161.1

56.7

11.5

39.2

   Manufacturing

5.45

85.54

8.11

104.1

169.2

55.9

20.5

55.2

   Production and Distribution of Electricity, Heat, Gas and Water

4.40

90.97

5.67

43.8

313.1

61.1

0.8

53.1

Of which: State-holding Enterprises

8.36

81.76

6.26

65.9

285.9

57.5

12.1

43.3

   Joint-Stock Enterprises

6.27

84.76

8.00

88.2

174.7

57.7

18.6

51.6

   Enterprises with Funds From Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises

6.86

84.81

8.13

95.8

173.4

53.3

19.3

67.3

Of which: Private Enterprises

4.47

87.14

8.28

121.3

139.6

59.0

20.5

51.9

 

 

 

 

 

 

 

 

 

 

Key Financial Indicators of Industrial Enterprises above the

Designated Size From January to July (Group by Industries)

 

Table III

Indicators

Operating Income

Operating Costs

Total Profits

Jan-Jul (100 million yuan)

Increase rate Y/Y

(%)

Jan-Jul (100 million yuan)

Increase rate Y/Y

(%)

Jan-Jul (100 million yuan)

Increase rate Y/Y

(%)

 

 

 

 

 

 

 

Total

765672.3

8.8

648547.4

10.0

48929.5

-1.1

Mining and Washing of Coal

23419.8

52.4

13910.7

36.5

6300.0

140.6

Extraction of Petroleum and Natural Gas

7356.6

48.3

3373.7

11.8

2540.7

118.8

Mining of Ferrous Metal Ores

2979.2

-16.7

2329.5

-10.1

439.3

-23.4

Mining of Non-Ferrous Metal Ores

1937.3

19.2

1279.0

13.8

426.9

51.7

Mining And Processing of Nonmetal Ores

2375.5

5.4

1750.7

3.7

244.6

15.7

Mining Support Service Activities

1161.8

9.5

1107.9

9.8

9.2

100.0

Mining of Other Ores N.E.C

11.7

56.0

10.7

69.8

0.5

66.7

Processing of Food From Agricultural Products

31025.0

4.7

28606.8

5.5

900.1

-7.5

Manufacture of Foods

12461.6

6.4

9911.6

7.2

968.5

9.8

Manufacture of Wines, Beverage and Refined Tea

9881.8

7.1

6658.2

4.9

2004.9

19.8

Manufacture of Cigarettes And Tobacco

8514.6

7.4

2464.0

5.7

1231.7

9.9

Manufacture of Textile

14624.7

3.4

13083.7

4.0

493.9

-10.3

Manufacture of Textile Wearing Apparel And Ornament

8159.4

3.9

7025.0

4.7

370.0

4.0

Manufacture of  Leather, Fur, Feather Aad Its Products

6445.7

4.9

5610.8

5.2

293.8

-1.3

Processing of Timbers, Manufacture of  Wood, Bamboo, Rattan, Palm, and Straw Products

5521.3

2.1

5000.4

2.3

182.3

-5.9

Manufacture of Furniture

4193.2

-4.7

3510.6

-4.7

218.7

-0.7

Manufacture of  Paper and Paper Products

8517.9

2.4

7521.9

6.0

287.2

-45.6

Printing, Reproduction of Recording Media

4148.8

1.4

3516.6

1.7

202.7

-6.2

Manufacture of  Articles for Culture, Education, Artwork, Sport and Entertainment Activity

8210.5

4.5

7129.2

4.3

378.8

8.3

Petroleum, coal and other Fuel Manufacturing

37451.7

23.3

31930.8

30.5

1131.4

-44.0

Manufacture of Chemical Raw Material  and Chemical Products

53045.1

18.2

44141.6

20.7

4922.6

9.3

Manufacture of Medicines

16089.4

-1.8

9401.9

9.6

2473.6

-30.7

Manufacture of Chemical Fibres

6254.6

9.2

5807.7

15.3

155.8

-60.2

Manufacture of Rubber and Plastics Products

16700.3

1.1

14304.4

2.6

780.5

-19.8

Manufacture of Non-Metallic Mineral Products

37092.1

2.2

31189.0

3.5

2606.8

-8.2

Manufacture and Processing of Ferrous Metals

52467.9

-6.0

50031.6

-1.6

569.0

-80.8

Manufacture and Processing of Non-Ferrous Metals

43603.9

16.0

40520.5

17.0

1689.7

5.1

Manufacture of Fabricated Metal Products

26822.2

3.6

23791.1

4.3

977.5

-11.1

Manufacture of General-Purpose Machinery

26160.9

-3.0

21686.7

-2.4

1593.5

-12.8

Manufacture of Special-Purpose Machinery

20164.7

1.4

15993.1

1.4

1506.4

-2.6

Manufacture of Motor Vehicles

48787.8

-0.3

42230.2

0.8

2739.4

-14.4

Manufacture of Railway Locomotives, Building of Ships and Boats, Manufacture of Air and Spacecrafts and Other Transportation Equipments

6922.7

1.8

5922.8

2.1

334.7

1.0

Manufacture of Electrical Machinery and Equipment

54575.1

21.4

47263.8

22.7

2751.5

18.4

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

82907.3

7.9

72204.7

9.0

3784.3

-9.6

Manufacture of Measuring Instrument and Meter

4960.2

3.3

3780.5

4.6

454.5

-5.9

Other Manufacturing

1156.5

7.6

979.0

8.0

59.2

8.8

Waste Recycling and Recovery

6240.7

19.8

6002.2

21.9

128.0

-12.7

Repair of  Fabricated Metal Products, Machinery and Equipment

829.0

6.3

713.5

9.6

25.9

-33.8

Production and Supply of Electric Power and Heat Power

51521.9

18.0

47297.8

20.4

2063.7

-12.0

Production and Distribution of Gas

8596.9

27.7

7782.4

32.7

464.2

-16.2

Production and Distribution of Water

2375.3

7.0

1771.1

9.7

223.2

-9.2

 

 

 

 

 

 

 

Note: The total of some indicators in this table is not equal to the sum of sub items, which is caused by data rounding, without mechanical adjustment.

 

Annotations:

 

I. Explanatory Notes:

 

1. Total Profits: refer to the surplus of various revenue deducting various costs in the production process of enterprises, reflecting the total profit and loss in the report period.

 

2. Operating income: refers to the total amount of revenue of enterprises recognized by the principal business and other business operations.

 

3. Operating costs: refers to the total costs of enterprises incurred by the principal business and other business operations.

 

4. Total Assets: refers to the resources which are gotten from past transactions or events, owned or controlled by enterprises, and expected to bring economic benefits to the enterprises.

 

5. Total Liabilities: refers to the current obligation generated from past transactions or events, and expected an outflow of economic benefits from the enterprises.

 

6. Total Owners' Equity: refers to the residual interests after deducting liabilities, which belongs to the enterprise’s owners.

 

7. Accounts Receivable: refers to the amount that should be collected by an enterprise due to its business activities, such as selling goods and providing services, measured at amortized cost on the balance sheet date.

 

8. Finished Goods: refers to manufactured products which are ready for sale by the end of report period.

 

9. Profit Rate of Revenue from Principal Activities = total profits / revenue from principal activities × 100%, unit: %.

 

10. Costs for per-hundred-yuan Turnover of Principal Activities = the costs of revenue from principal activities / the revenue from principal activities ×100, unit: yuan.

 

11. Expenses for per-hundred-yuan Turnover of Principal Activities = (selling expenses + administrative expenses + financial expenses) / the revenue from principal activities ×100, unit: yuan.

 

12. Revenue from Activities Brought by per Hundred-yuan Assets = the revenue from activities / average assets / the cumulative number of months × 12 × 100, unit: yuan.

 

13. Revenue from Activities per Capita = revenue from activities / average number of employment / the cumulative number of months × 12, unit: 10 thousand yuan/ person.

 

14. Asset-Liability Ratio = total liabilities / total assets × 100%, unit: %.

 

15. Turnover Days of Finished Goods = 360 × average finished goods / revenue from activities × the cumulative number of months / 12, unit: days.

 

16. Average Payback Period of Accounts Receivable = 360 ×average accounts receivable / revenue from activities ×the cumulative number of months / 12, unit: days.

 

17. In the columns of increase rate year-on-year of the three tables above, the “note” refers to negative total profits in the same period last year, which means loss; the positive value refers to a year-on-year increase of profits; the negative value which is greater than or equal to -100% refers to a year-on-year decrease of profits; the value less than -100% indicates turning gain in the same period last year into loss in current period; and the value of 0 indicates that the profits remain at the same level year-on-year.

 

18. In the main groups, state-owned holding enterprises include state-owned absolute holding enterprises and state-owned relative holding (including agreement holding) enterprises. Enterprises invested by foreign investors and Hong Kong, Macao and Taiwan businessmen include Sino foreign (or Hong Kong, Macao and Taiwan funded) joint ventures, cooperative enterprises and joint stock limited companies whose shareholders of foreign capital (or Hong Kong, Macao and Taiwan funded) account for more than 25% of the company's registered capital. Private enterprises include private limited liability companies, private joint stock limited companies, private partnerships and private sole proprietorships.

 

II. The growth rates of the total profits and revenue from activities of industrial enterprises above designated size are calculated on a comparable basis. There are incomparable factors between the data in the reporting period and the same indicator data published in the previous year, which cannot be directly compared to calculate the growth rate. The main reasons are: (1) According to the statistical system, the survey coverage of industrial enterprises above designated size is adjusted regularly every year. Each year, some companies will be included in the survey after having reached designated size, and some will exit the survey due to their smaller size, and there are also influence of new built and starting enterprises, bankruptcies, and companies that have been suspended or sold. (2) By strengthening the statistical law enforcement, the enterprises found in the statistical law enforcement inspection that do not meet the industrial statistics requirements above designated size have been cleared, and relevant bases have been revised in accordance with regulations. (3) Strengthen data quality management and eliminate the cross-regional and cross-industry repeated calculation.

 

III. Statistical Coverage

 

Industrial enterprises above the designated size, which refer to industrial enterprises with revenue from principal activities over 20 million yuan.

 

IV. Survey Method

 

The Financial Report of Enterprises above the Designated Size conducts complete survey by month (the data on January are not required to report).

 

V. Industrial Classification Standard

 

The Industrial Classification for National Economic Activities (GB/T4754-2017) was implemented, please refer to http://www.stats.gov.cn/tjsj/tjbz/hyflbz.

Annex
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