Industrial Profits Went up from January to November

National Bureau of Statistics of China 2010-12-28 16:26 Print| Large| Medium| Small

From January to November, the industrial profits of enterprises above designated size achieved 3882.8 billion yuan, a year-on-year increase of 49.4%.

 

The profits of State-owned and State-holding Industrial Enterprises gained 1192.4 billion yuan, up by 59.1%; that of collective-owned enterprises amounted to 68.9 billion yuan, up by 34.6%; that of Share-holding Corporation Ltd amounted to 2110 billion yuan, up by 49.4%; that of enterprises with funds from Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises reached 1113.1 billion yuan, up by 46.3%; that of private enterprises gained 1043 billion yuan, increased 49.4% year-on-year.

 

Within 39 branches of industrial divisions, the profits of 38 industrial divisions increased year-on-year; that of 1 industrial division declined. Of the total, the profits of oil and natural gas extraction industry, raw chemical materials and chemical products, ferrous metal smelting and rolling processing industry, non-ferrous metal smelting and rolling processing industry transportation equipment manufacturing, communication equipment, computers and other electric equipment production, power and heat production and supply shot up 65.7%, 59.2%, 58.1%, 82.1%, 59.4%, 52% and 74.5%respectively. The profits of ferrous metals mining and dressing, chemical fiber industry went up 1.1 and 1.2 times; while the profits of oil processing, coking and nuclear fuel processing declined 1.1% year-on-year.

 

The main business revenue of enterprises above designated reached 62445.1 billion yuan, ballooned 31.8% year-on-year.

 

By the end of November, the total volume of receivable accounts for industry hit 6461.9 billion yuan, 22.4% higher over the same period last year. The finished goods funds accounted for 2436.8 billion yuan, surged 11.2% over last November

 

Note: Introduction on sources and coverage of industrial benefits data

 

I Scopes of Statistics:  enterprises above designated size refers to all industrial enterprises with revenue from principal business over 5 million yuan.

 

II Data Collect & Dissemination: According to National Statistical Progress, the industrial benefits takes four complete survey per year. January to February, January to May, January to August and January to November. The enterprises data are reported by each province, verified and tabulated by Department of Industry Statistics and then released in March, June, September and December.

 

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).

 

Revenue from Principal Business  refers to the annual accumulation of the corresponding item in the “profit table” of the accountant.

 

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.