Industrial Profits Increased from January to August
National Bureau of Statistics of China2014-09-28 16:41




From January to August, the industrial profits of enterprises above designated size achieved 3,833.04 billion yuan, a year-on-year increase of 10.0 percent, 1.7 percentage points lower than that in the first seven months. The industrial profits from principal business achieved 3,587.01 billion yuan, a year-on-year increase of 9.6 percent, 1.6 percentage points lower than that in the first seven months.

 

In August, the industrial profits of enterprises above designated size achieved 482.56 billion yuan, decreased 0.6 percent year-on-year, while that in July was up by 13.5 percent year-on-year.

 

From January to August, the profits of state-owned and state-holding industrial enterprises above designated size gained 1,001.74 billion yuan, increased 5.3 percent year-on-year; that of collective-owned enterprises reached 31.34 billion yuan, increased 1.7 percent; that of joint-stock enterprises stood at 2,532.8 billion yuan, increased 9.1 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 927.63 billion yuan, increased 13.7 percent; and that of private enterprises gained 1,246.28 billion yuan, increased 11.4 percent.

 

From January to August, the profits of mining and quarrying gained 444.56 billion yuan, decreased 13.4 percent year-on-year; that of manufacturing was 3,069.18 billion yuan, increased 13.5 percent; that of production and distribution of electricity, gas and water reached 319.3 billion yuan, went up by 20.2 percent.

 

From January to August, within 41 branches of industrial divisions, the industrial profits of 36 industrial divisions increased year-on-year, while that of 5 decreased. In view of the profit growth of major industries, the profits of extraction of petroleum and natural gas increased 0.4 percent year-on-year, that of processing of food from agricultural products increased 4.2 percent year-on-year, that of manufacture of  textile increased 8.9 percent, that of processing of petroleum, coking, processing of nucleus fuel increased 54.7 percent, that of manufacture of chemical raw material and chemical products increased 8.0 percent, that of manufacture of non-metallic mineral products increased 14.2 percent, that of manufacture and processing of ferrous metals increased 18.2 percent, that of manufacture and processing of non-ferrous metals increased 9.5 percent, that of manufacture of general-purpose machinery increased 13.2 percent, that of manufacture of special-purpose machinery increased 2.4 percent, that of manufacture of motor vehicles increased 22.6 percent, that of manufacture of electrical machinery and equipment increased 21.0 percent, that of manufacture of computer, communication equipment and other electronic equipment increased 26.0 percent, that of production and supply of electric power and heat power increased 20.9 percent, that of mining and washing of coal decreased 46.1 percent.

 

From January to August, the revenue from principal business of enterprises above designated reached 69,400.96 billion yuan, increased 8.3 percent year-on-year. The main business cost was 59,723.39 billion yuan, increased 8.6 percent.

 

By the end of August, the total volume of receivable accounts for industrial enterprises hit 10,151.93 billion yuan, went up by 11.3 percent year-on-year. The total value of finished products for industrial enterprises accounted for 3,681.09 billion yuan, went up by 15.6 percent.

 

From January to August, the main business income margin of industrial enterprises above designated size hit 5.52 percent, the cost of main business revenue for per hundred yuan stood at 86.06 yuan, the main business income brought by per hundred yuan assets was 121.8 yuan, and the turnover days of finished goods were 13.9 days.

 

 

 

 

 

 

 

 

Key Financial Indicators of Industrial Enterprises

above Designated Size from January to August

Table I

Indicators

Revenue from

Principal Business

Total Profits

Profits from Principal Business

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

 

 

 

 

 

 

 

Total

694009.6

8.3

38330.4

10.0

35870.1

9.6

Of which: Mining and Quarrying

41956.9

-0.5

4445.6

-13.4

4344.8

-14.6

Manufacturing

610655.3

9.2

30691.8

13.5

28850.3

13.5

Production and Distribution of Electricity, Gas and Water

41397.4

5.1

3193.0

20.2

2675.0

20.1

 Of which: State Owned & State-holding Enterprises

166724.9

3.3

10017.4

5.3

8234.2

1.6

Of which: Collective-owned Enterprises

4960.9

2.3

313.4

1.7

309.1

0.1

        Joint-Stock Enterprises

469838.1

9.3

25328.0

9.1

23659.0

8.2

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

162840.2

6.7

9276.3

13.7

8803.2

14.3

Of which: Private Enterprises

231414.5

11.0

12462.8

11.4

12500.1

11.6

 

 

 

 

 

 

 

 

 

Quality Performance Indicators of Industrial Enterprises

above Designated Size from January to August

 

 

Table II

Indicators

Main Business 

Income Brought

by per Hundred

yuan Assets

Main Business

 Income Margin

Costs of Revenue

 from Principal Business for per Hundred yuan

Turnover Days of Finished Goods

 (yuan)

(%)

(yuan)

(days)

 

 

 

 

 

Total

121.8

5.52

86.06

13.9

Of which: Mining and Quarrying

71.6

10.60

76.90

12.4

Manufacturing

140.9

5.03

86.61

14.9

Production and Distribution of Electricity, Gas and Water

53.1

7.71

87.18

0.5

 Of which: State Owned & State-holding Enterprises

73.9

6.01

82.67

15.4

Of which: Collective-owned Enterprises

142.9

6.32

85.66

13.5

        Joint-Stock Enterprises

127.8

5.39

86.14

14.0

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

131.0

5.70

85.99

14.4

Of which: Private Enterprises

193.9

5.39

87.82

11.4

 

 

 

 

 

           

  

Key Financial Indicators of Industrial Enterprises

above Designated Size from January to August (Group by Industries)

 

Table III

Indicators

Revenue from

Principal Business

Total Profits

Profits from Principal Business

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

Accumulated to August (100 million yuan)

Increase rate Y/Y

(%)

 

 

 

 

 

 

 

Total

694009.6

8.3

38330.4

10.0

35870.1

9.6

Mining and Washing of Coal

19722.7

-5.2

720.4

-46.1

664.0

-49.1

Extraction of Petroleum and Natural Gas

7782.8

3.7

2626.3

0.4

2632.4

0.2

Mining of Ferrous Metal Ores

6111.3

1.8

492.0

-9.8

461.3

-14.5

Mining of Non-Ferrous Metal Ores

3898.5

5.2

349.9

-9.4

352.3

-8.2

Mining And Processing of  Nonmetal Ores

3228.5

9.1

218.6

5.6

220.3

5.7

Processing of Food From Agricultural Products

39445.3

8.0

1634.2

4.2

1609.8

4.3

Manufacture of Foods

12741.0

13.2

982.6

12.6

939.2

11.2

Manufacture of Wines, Beverage and Refined Tea

10448.2

8.5

999.0

0.3

960.2

-1.7

Manufacture of Cigarettes And Tobacco

6233.4

8.1

929.9

2.7

922.5

1.7

Manufacture of Textile

24036.1

8.3

1154.3

8.9

1134.9

8.8

Manufacture of Textile Wearing Apparel And Ornament

12871.1

9.6

682.2

14.6

664.9

15.9

Manufacture of  Leather, Fur, Feather Aad Its Products

8573.2

9.9

512.4

14.1

519.0

16.1

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

8166.7

12.7

464.1

8.6

468.4

9.7

Manufacture of Furniture

4487.9

13.6

238.5

15.4

227.8

15.0

Manufacture of  Paper and Paper Products

8667.6

7.5

393.3

4.2

370.6

4.7

Printing, Reproduction of Recording Media

4063.7

10.4

289.5

12.5

277.1

11.6

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

8758.8

8.3

428.2

15.4

419.4

15.1

Processing of Petroleum, Coking, Processing of Nucleus Fuel

26961.2

2.8

230.1

54.7

216.3

57.9

Manufacture of Chemical Raw Material  and Chemical Products

52668.3

10.5

2328.3

8.0

2215.9

9.0

Manufacture of Medicines

14440.6

13.6

1374.7

12.8

1294.5

13.0

Manufacture of Chemical Fibres

4635.9

4.7

131.6

15.5

119.5

17.3

Manufacture of Rubber and Plastics Products

18726.9

10.2

1048.3

9.6

1043.3

10.2

Manufacture of Non-Metallic Mineral Products

35435.0

12.3

2276.2

14.2

2190.8

15.5

Manufacture and Processing of Ferrous Metals

49703.8

1.1

746.7

18.2

729.0

17.0

Manufacture and Processing of Non-Ferrous Metals

32003.6

10.0

706.4

9.5

618.9

9.5

Manufacture of Fabricated Metal Products

22105.8

10.9

1080.4

12.7

1094.0

14.0

Manufacture of General-Purpose Machinery

29389.4

10.1

1843.4

13.2

1773.5

12.4

Manufacture of Special-Purpose Machinery

21872.5

8.7

1263.4

2.4

1183.2

2.4

Manufacture of Motor Vehicles

42200.0

14.4

3779.9

22.6

3157.4

22.8

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

9349.9

16.2

538.6

37.7

505.6

42.9

Manufacture of Electrical Machinery and Equipment

41589.1

10.1

2169.9

21.0

2015.2

22.0

Manufacture of Computer, Communication Equipment and Other Electronic Equipment

51811.1

8.5

1921.6

26.0

1666.2

24.9

Manufacture of Measuring Instrument and Meter

5070.6

11.6

381.4

10.7

357.5

11.1

Production and Supply of Electric Power and Heat Power

37289.5

3.6

2880.5

20.9

2438.0

20.6

Production and Distribution of Gas

3068.6

25.2

244.9

10.5

201.6

7.0

Production and Distribution of Water

1039.4

10.3

67.5

32.4

35.5

101.7

 

 

 

 

 

 

 

 

 

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.

 

Main Business Cost: refers to the total costs of enterprises incurred by 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.

 

Main Business Income Margin = Total profits / Revenue from principal business × 100%, unit: %.

 

Costs of Revenue from Principal Business for per Hundred yuan = The cost of revenue from principal business / The revenue from principal business ×100, unit: yuan.

 

Main Business Income Brought by per Hundred yuan Assets =  Main business income / Average assets × 12 ÷ The cumulative number of months × 100, unit: yuan.

 

Turnover Days of Finished Goods = 360 × Average finished goods / Main business cost ÷ 12 × The cumulative number of months, unit: days.

 

As the range of industrial enterprises above designated size changes every year, in order to ensure that the data of this year is comparable with that of last year, when calculating the year-on-year growth rate and growth amount of indicators, the statistical coverage of data in the same period is consistent with that of the current period, while is different with the data released last year.

 

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/tjsj/tjbz/hyflbz.

 

 

 

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