Industrial Profits from Principal Business Increased in 2013
National Bureau of Statistics of China2014-01-29 09:57




In 2013, the industrial profits of enterprises above designated size achieved 6,283.1 billion yuan, an increase of 12.2 percent over the same period last year. Of which, the industrial profits from principal business achieved 6,220.13 billion yuan[1],an increase of 4.0 percent over the same period last year.

In December, the industrial profits of enterprises above designated size achieved 942.53 billion yuan, an increase of 6.0 percent over the same period last year, down by 3.7 percentage points over the previous month. Of which, the industrial profits from principal business achieved 838.77 billion yuan, remained at the same level over the same period of previous year.

In 2013, the profits of state-owned and state-holding industrial enterprises above designated size gained 1,519.41 billion yuan, an increase of 6.4 percent over the same period last year, of which, the industrial profits from principal business achieved 1,238.52 billion yuan, a decrease of 0.2 percent; that of collective-owned enterprises reached 82.54 billion yuan, increased 2.1 percent, of which, the industrial profits from principal business achieved 86.64 billion yuan, a decrease of 7.5 percent; that of joint-stock enterprises stood at 3,728.53 billion yuan, increased 11.0 percent, of which, the industrial profits from principal business achieved 3,688.01 billion yuan, an increase of 1.0 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 1,459.92 billion yuan, increased 15.5 percent, of which, the industrial profits from principal business achieved 1,393.07 billion yuan, an increase of 14.0 percent; and that of private enterprises gained 2,087.62 billion yuan, increased 14.8 percent, of which, the industrial profits from principal business achieved 2,338.81 billion yuan, an increase of 3.8 percent.

Within 41 branches of industrial divisions, the industrial profits from principal business of 31 industrial divisions increased over the same period last year, that of 9 declined, and 1 industry turned to get net profits from loss.


In 2013, the revenue from principal business of enterprises above designated reached 102,914.98 billion yuan, increased 11.2 percent over the same period last year. The cost of main business revenue for per hundred yuan stood at 85.27 yuan, with the profit margin hit 6.11 percent when calculated with total profits, and 6.04 percent when calculated with profits from principal business.

 






 

In 2013, the revenue from principal business of state-owned and state-holding industrial enterprises grew to 25,824.26 billion yuan, increased 6.1 percent over the same period last year, the costs of revenue from principal business for per hundred yuan stood at 83.04 yuan, with the profit margin (calculated with profits from principal business, similarly hereinafter) hit 4.8 percent; that of collective-owned enterprises reached 1,151.39 billion yuan, increased 5.1 percent, the costs of revenue from principal business for per hundred yuan stood at 85.47 yuan, with the margin hit 7.52 percent; that of joint-stock enterprises reached 61,039.58 billion yuan, increased 12.7 percent, the costs of revenue from principal business for per hundred yuan stood at 85.14 yuan, with the margin hit 6.04 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 24,138.78 billion yuan, increased 9.0 percent, the costs of revenue from principal business for per hundred yuan stood at 85.60 yuan, with the margin hit 5.77 percent; and that of private enterprises gained 32,969.43 billion yuan, increased 15.4 percent, the costs of revenue from principal business for per hundred yuan stood at 86.30 yuan, with the margin hit 7.09 percent.

 



 

By the end of 2013, the total volume of receivable accounts for industrial enterprises hit 9,569.34 billion yuan, went up by 14.0 percent over the same period last year. The total value of finished products for industrial enterprises accounted for 3,275.95 billion yuan, went up by 6.8 percent over the same period last year.

Key Financial Indicators of Industrial Enterprises

above Designated Size in 2013

 

Indicators

Revenue from

Principal Business

Total Profits

Profits from Principal Business

Accumulated to November (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to November (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to November (100 million yuan)

Increase rate Y/Y

(%)

 

 

 

 

 

 

 

Industrial Enterprises above Designated Size

1029149.8

11.2

62831.0

12.2

62201.3

4.0

Grouped by Status of Registration 1

 

 

 

 

 

 

State Owned & State-Holding Enterprises

258242.6

6.1

15194.1

6.4

12385.2

-0.2

 Private Enterprises

329694.3

15.4

20876.2

14.8

23388.1

3.8

Collective-owned Enterprises

11513.9

5.1

825.4

2.1

866.4

-7.5

 Joint-Stock Enterprises

610395.8

12.7

37285.3

11.0

36880.1

1.0

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

241387.8

9.0

14599.2

15.5

13930.7

14.0

Grouped by Industries

 

 

 

 

 

 

Mining and Washing of Coal

32404.7

-2.6

2369.9

-33.7

2034.9

-44.1

Extraction of Petroleum and Natural Gas

11691.1

0.4

3657.8

-10.5

3931.2

-13.7

 Mining of Ferrous Metal Ores

9828.3

11.8

1050.0

1.8

1104.0

0.5

 Mining of Non-Ferrous Metal Ores

6158.9

9.7

628.0

-17.2

677.1

-17.8

Mining And Processing of  Nonmetal Ores

4829.9

15.4

389.9

11.0

440.1

-5.1

Processing of Food From Agricultural Products

59497.1

14.4

3105.3

14.4

3404.7

2.2

 Manufacture of Foods

18165.0

15.9

1550.0

17.5

1570.3

8.5

 Manufacture of Wines, Beverage and Refined Tea

15185.2

12.1

1653.6

7.8

1622.5

-1.7

Manufacture of Cigarettes And Tobacco

8292.7

9.6

1222.1

14.9

1153.4

14.0

 Manufacture of Textile

36160.6

12.5

2022.7

19.1

2119.6

4.4

Manufacture of Textile Wearing Apparel And Ornament

19250.9

11.3

1141.1

9.8

1197.3

-3.8

Manufacture of  Leather, Fur, Feather Aad Its Products

12493.1

11.0

818.7

13.4

874.6

2.0

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

12021.9

17.5

810.7

19.6

885.2

4.9

 Manufacture of Furniture

6462.8

14.3

403.9

14.0

422.7

0.6

 Manufacture of  Paper and Paper Products

13471.6

9.0

749.6

10.4

750.9

8.4

Printing, Reproduction of Recording Media

5291.3

14.1

420.1

11.3

413.2

4.8

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

12037.8

15.3

631.2

16.4

649.0

2.4

Processing of Petroleum, Coking, Processing of Nucleus Fuel

40679.8

3.6

482.1

4824.3

480.3

1494.5

Manufacture of Chemical Raw Material  and Chemical Products

76329.8

12.9

4113.3

11.0

4239.7

7.4

 Manufacture of Medicines

20592.9

18.0

2071.7

17.8

2009.2

13.1

 Manufacture of Chemical Fibres

7281.8

8.5

259.8

18.3

220.4

14.8

Manufacture of Rubber and Plastics Products

27310.6

13.3

1716.3

18.3

1802.9

8.9

Manufacture of Non-Metallic Mineral Products

51284.3

16.3

3756.8

19.1

3997.8

10.8

Manufacture and Processing of Ferrous Metals

76316.9

7.3

1695.0

44.1

1916.3

24.9

Manufacture and Processing of Non-Ferrous Metals

46536.3

12.1

1445.4

0.1

1368.4

-21.4

Manufacture of Fabricated Metal Products

32842.9

13.1

1878.3

13.7

2005.2

2.0

Manufacture of General-Purpose Machinery

42789.0

12.0

2867.1

12.9

2994.7

6.7

Manufacture of Special-Purpose Machinery

32057.5

11.8

2147.3

8.4

2145.7

3.1

Manufacture of Motor Vehicles

60540.0

18.7

5107.7

25.0

4061.0

16.3

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

16545.1

4.8

925.7

10.0

869.9

3.0

Manufacture of Electrical Machinery and Equipment

61018.1

12.6

3451.7

13.9

3427.7

3.4

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

77226.3

10.2

3308.3

19.7

3184.7

14.6

Manufacture of Measuring Instrument and Meter

7681.9

14.6

647.2

16.7

595.9

8.6

Production and Supply of Electric Power and Heat Power

54825.0

7.5

3522.7

44.0

3028.1

63.6

Production and Distribution of Gas

4136.8

22.9

383.9

26.2

267.2

27.1

Production and Distribution of Water

1451.4

11.9

115.1

65.4

-3.6

(note2)

 

 

 

 

 

 

 

 

Note:

1. Due to the overlap of economic type grouping, the total is not equal to the total of sub-items.

2.  The profits from principal business of production and distribution of water of the same period last year reached -1.51 billion yuan.

 

                 

 

 Annotations:

1. Explanatory Notes:

Total Profits: refer to the final achievement of production and operation activities of the enterprises, represented by total profits after deducting losses (loss is expressed by the negative figure).

Profits from principal business = Revenue from principal business – Cost of principal business – Tax and extra charges of principal business – Selling expenses – Administrative expenses – Financial expenses

Revenue from Principal Business: refers to total income of enterprises gained from principal business operation.

Receivable Accounts: refers to the funds received by enterprises from units purchasing goods or receiving labor services through selling goods, products, proving labor services and etc.

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

The costs of revenue from principal business for per hundred yuan = The cost of revenue from principal business / The revenue from principal business×100

Profit margin calculated with total profits = Total profits/The revenue from principal business×100%

Profit margin calculated with profits from principal business = Profits from principal business / The revenue from principal business×100%

2. Statistical Coverage

Since 2011, enterprises above designated size refers to all industrial enterprises with revenue from principal business over 20 million yuan (the former is 5 million yuan).

3. Data Collection

Since 2011, the Financial Report of Enterprises Above Designated Size conducts complete survey by month (the data on January are not required to report).

4. Standard Industrial Classification

Since 2012, the new Industrial Classification for National Economic Activities (GB/T 4754-2011) was implemented by NBS, the industrial divisions were expanded to 41 from 39, please refer to http://www.stats.gov.cn/tjbz.
 

[1]Note: From May 2013, the indicator of profits from principal business is added under the total profits. Profits from principal business = revenue from principal business – cost of principal business – tax and extra charges of principal business – selling expenses – administrative expenses – financial expenses. The indicator of profits from principal business has a closer relationship with industrial production, and can better reflect the operating results of industrial production activities.

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