Total Profits of China's Large-scale Industrial Enterprises Increase by 10.2% YoY in Jan-Feb

Ownership Type:

  • State-controlled enterprises: 343.49 billion yuan, up 0.5%
  • Shareholding enterprises: 689.85 billion yuan, up 5.3%
  • Foreign-invested and Hong Kong, Macao and Taiwan-invested enterprises: 216.92 billion yuan, up 31.2%
  • Private enterprises: 246.54 billion yuan, up 12.7%

Industry:

  • Mining: 188.10 billion yuan, down 21.1%
  • Manufacturing: 613.45 billion yuan, up 17.4%
  • Electricity, heat, gas and water production and supply: 112.51 billion yuan, up 63.1%

Profit Growth of Major Industries:

  • Computer, communication and other electronic equipment manufacturing: up 2.1 times
  • Electricity, heat production and supply: up 69.4%
  • Non-ferrous metal smelting and rolling processing: up 65.5%
  • Textile industry: up 51.1%
  • Automobile manufacturing: up 50.1%
  • General equipment manufacturing: up 20.7%

Other Indicators:

  • Operating revenue: 19.44 trillion yuan, up 4.5%
  • Operating cost: 16.52 trillion yuan, up 4.6%
  • Profit margin of operating revenue: 4.70%, up 0.24 percentage points YoY

Asset-Liability Status:

  • Total assets: 167.83 trillion yuan, up 6.5%
  • Total liabilities: 95.75 trillion yuan, up 6.2%
  • Owner's equity: 72.08 trillion yuan, up 6.9%
  • Asset-liability ratio: 57.1%, down 0.1 percentage points YoY

Others:

  • Accounts receivable: 22.99 trillion yuan, up 8.6%
  • Inventories of finished products: 6.09 trillion yuan, up 2.4%

Per 100 Yuan of Operating Revenue Indicators:

  • Cost: 84.97 yuan, up 0.11 yuan YoY
  • Expenses: 8.62 yuan, down 0.01 yuan YoY

Asset Operation Efficiency:

  • Operating revenue per 100 yuan of assets: 69.5 yuan, down 1.3 yuan YoY
  • Operating revenue per capita: 1.639 million yuan, up 104,000 yuan YoY
  • Inventory turnover days of finished products: 22.1 days, down 0.5 days YoY
  • Average collection period of accounts receivable: 71.0 days, up 2.7 days YoY