Industrial Profits from Principal Business Increased from January to July
By CnAgri
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From January to July, the industrial profits of enterprises above designated size achieved 3,003.22 billion yuan, an increase of 11.1 percent over the same period last year, remained at the same level over the first six months, of which, the industrial profits from principal business achieved 3,134.68 billion yuan[1], an increase of 5.1 percent over the same period last year, 2.1 percentage points lower than that in the first six months.
In July, the industrial profits of enterprises above designated size achieved 4,195.5 billion yuan, an increase of 11.6 percent over the same period last year, up by 5.3 percentage points over the previous month. Of which, the industrial profits from principal business achieved 34.55 billion yuan, an increase of 1.8 percent over the same period last year, while the industrial profits from principal business in June decreased 2.3 percent over the same period last year.
From January to July, the profits of state-owned and state-holding industrial enterprises above designated size gained 833.19 billion yuan, an increase of 5.5 percent over the same period last year, of which, the industrial profits from principal business achieved 728.51 billion yuan, an increase of 2.7 percent over the same period last year; that of collective-owned enterprises reached 43.06 billion yuan, increased 0.3 percent, of which, the industrial profits from principal business achieved 47.82 billion yuan, a decrease of 5.9 percent; that of joint-stock enterprises stood at 1,749.12 billion yuan, increased 9.2 percent, of which, the industrial profits from principal business achieved 1,843.87 billion yuan, an increase of 2.5 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 698.78 billion yuan, increased 14.8 percent, of which, the industrial profits from principal business achieved 680.52 billion yuan, an increase of 13.2 percent; and that of private enterprises gained 943.93 billion yuan, increased 15.4 percent, of which, the industrial profits from principal business achieved 1,123.96 billion yuan, an increase of 4.2 percent.
From January to July, within 41 branches of industrial divisions, the industrial profits from principal business of 27 industrial divisions increased over the same period last year, that of 11 declined, 2 industries turned to get net profits from loss, and the loss of 1 industry decreased over the same period last year.
From January to July, the revenue from principal business of enterprises above designated reached 55,997.48 billion yuan, increased 11.0 percent over the same period last year. The cost of main business revenue for per hundred yuan stood at 85.84 yuan, with the profit margin hit 5.36 percent when calculated with total profits, and 5.60 percent when calculated with profits from principal business.
From January to July, the revenue from principal business of state-owned and state-holding industrial enterprises grew to 14,340.44 billion yuan, increased 5.4 percent over the same period last year, the costs of revenue from principal business for per hundred yuan stood at 82.85 yuan, with the profit margin (calculated with profits from principal business, similarly hereinafter) hit 5.08 percent; that of collective-owned enterprises reached 651.79 billion yuan, increased 5.7 percent, the costs of revenue from principal business for per hundred yuan stood at 85.95 yuan, with the margin hit 7.34 percent; that of joint-stock enterprises reached 32,923,01 billion yuan, increased 12.6 percent, the costs of revenue from principal business for per hundred yuan stood at 85.71 yuan, with the margin hit 5.60 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 13,331.15 billion yuan, increased 8.2 percent, the costs of revenue from principal business for per hundred yuan stood at 86.41 yuan, with the margin hit 5.10 percent; and that of private enterprises gained 17,583.29 billion yuan, increased 15.7 percent, the costs of revenue from principal business for per hundred yuan stood at 87.25 yuan, with the margin hit 6.39 percent.
By the end of July, the total volume of receivable accounts for industrial enterprises hit 8,981.89 billion yuan, went up by 12.7 percent over the same period last year. The total value of finished products for industrial enterprises accounted for 3,167.4 billion yuan, went up by 6.1 percent over the same period last year.
Key Financial Indicators of Industrial Enterprises
above Designated Size from January to July
