In the first nine months of this year, the total profits of industrial enterprises above designated size nationwide reached 5,411.99 billion yuan, down 9.0% year-on-year and 2.7 percentage points narrower than that of the first eight months of this year
From January to September, among industrial enterprises above designated size, the total profit of state-owned holding enterprises was 1.847.7 billion yuan, down 11.5% year on year; The total profit of joint-stock enterprises was 3,962.37 billion yuan, down 8.7%; The total profit of enterprises invested by foreign investors and those from Hong Kong, Macao and Taiwan reached 1,287.81 billion yuan, down 10.5%; The total profit of private enterprises was 1.438.{{40}}5 billion yuan, down 3.2 percent. From January to September, the total profit of the mining industry reached 992.81 billion yuan, down 19.9% year on year; The total profit of the manufacturing industry was 3,891.07 billion yuan, down 10.1%; The total profit of the production and supply of electricity, heat, gas and water reached 528.11 billion yuan, an increase of 38.7 percent. From January to September, the profits of major industries are as follows: The total profit of the electricity and heat production and supply industry increased by 50.0% year on year, the electrical machinery and equipment manufacturing industry increased by 24.9%, the general equipment manufacturing industry increased by 11.0%, the special equipment manufacturing industry increased by 2.4%, the automobile manufacturing industry increased by 0.1%, the ferrous metal smelting and rolling processing industry decreased by 1.8%, and the oil and gas mining industry decreased by 9.4%. The textile industry fell by 10.2 percent, the agricultural and sideline food processing industry by 15.1 percent, the non-ferrous metal smelting and rolling processing industry by 15.1 percent, the computer, communications and other electronic equipment manufacturing industry by 18.6 percent, the coal mining and washing industry by 26.5 percent, and the non-metallic mineral products industry by 26.7 percent. The processing of petroleum, coal and other fuels decreased by 40.4%, and the manufacturing of chemical raw materials and chemical products decreased by 46.5%.
From January to September, the operating income of industrial enterprises above designated size reached 96.35 trillion yuan, unchanged year-on-year. Incurred operating costs were 81.96 trillion yuan, up 0.3%; The operating income margin was 5.62%, down {{10}}.55 percentage points year-on-year. By the end of September, the assets of industrial enterprises above designated size totaled 164.40 trillion yuan, an increase of 6.4% year on year; Total debt was 94.63 trillion yuan, an increase of 6.7%; The total owners' equity was 69.77 trillion yuan, up by 6.0%; The asset-liability ratio was 57.6%, up 0.2 percentage points year-on-year. By the end of September, the accounts receivable of industrial enterprises above designated size were 23.75 trillion yuan, up 9.7% year on year; Finished goods inventory was 6.13 trillion yuan, an increase of 3.1%.
From January to September, the cost per 10{{10}} yuan of operating income of industrial enterprises above designated size was 85.07 yuan, an increase of 0.30 yuan year-on-year; The expense per 100 yuan of operating revenue was 8.34 yuan, an increase of 0.28 yuan year-on-year. At the end of September, the operating income of industrial enterprises above designated size was 80.1 yuan per 100 yuan of assets, a decrease of 5.8 yuan year-on-year; The per capita operating income was 1.774 million yuan, an increase of 60 million yuan year-on-year; The turnover days of finished goods inventory were 20.0 days, an increase of 1.2 days year-on-year; The average collection period of accounts receivable was 63.0 days, an increase of 5.9 days year-on-year. In September, profits of industrial enterprises above designated size increased by 11.9 per cent year on year.
