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Industrial Profits and Industrial Profits from Principal Business Increased from January to August

China Agriculture Report By CnAgriChina Agriculture Report Print

From January to August, the industrial profits of enterprises above designated size achieved 3,486.39 billion yuan, an increase of 12.8 percent over the same period last year, 1.7 percentage points higher than that in the first seven months. Of which, the industrial profits from principal business achieved 3,580.06 billion yuan[1], an increase of 4.9 percent over the same period last year, 0.2 percentage point lower than that in the first seven months.

In August, the industrial profits of enterprises above designated size achieved 483.17 billion yuan, an increase of 24.2 percent over the same period last year, up by 12.6 percentage points over the previous month. Of which, the industrial profits from principal business achieved 445.39 billion yuan, an increase of 4.0 percent over the same period last year,  up by 2.2 percentage points over the previous month.

From January to August, the profits of state-owned and state-holding industrial enterprises above designated size gained 962.64 billion yuan, an increase of 8.0 percent over the same period last year, of which, the industrial profits from principal business achieved 840.71 billion yuan, an increase of 4.1 percent over the same period last year; that of collective-owned enterprises reached 48.87 billion yuan, decreased 0.8 percent, of which, the industrial profits from principal business achieved 53.49 billion yuan, a decrease of 8.4 percent; that of joint-stock enterprises stood at 2,025.5 billion yuan, increased 11.1 percent, of which, the industrial profits from principal business achieved 2,097.23 billion yuan, an increase of 2.3 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 816.63 billion yuan, increased 16.2 percent, of which, the industrial profits from principal business achieved 784.64 billion yuan, an increase of 14.3 percent; and that of private enterprises gained 1,099.07 billion yuan, increased 16.2 percent, of which, the industrial profits from principal business achieved 1,277.44 billion yuan, an increase of 3.0 percent.

From January to August, within 41 branches of industrial divisions, the industrial profits from principal business of 25 industrial divisions increased over the same period last year, that of 14 declined, 1 industry turned to get net profits from loss, and the loss of 1 industry decreased over the same period last year.

From January to August, the revenue from principal business of enterprises above designated reached 64,505.85 billion yuan, increased 10.9 percent over the same period last year. The cost of main business revenue for per hundred yuan stood at 85.9 yuan, with the profit margin hit 5.4 percent when calculated with total profits, and 5.55 percent when calculated with profits from principal business.

 

 

From January to August, the revenue from principal business of state-owned and state-holding industrial enterprises grew to 16,518.44 billion yuan, increased 5.8 percent over the same period last year, the costs of revenue from principal business for per hundred yuan stood at 82.87 yuan, with the profit margin (calculated with profits from principal business, similarly hereinafter) hit 5.09 percent; that of collective-owned enterprises reached 745.37 billion yuan, increased 5.1 percent, the costs of revenue from principal business for per hundred yuan stood at 86.05 yuan, with the margin hit 7.18 percent; that of joint-stock enterprises reached 37,919.83 billion yuan, increased 12.4 percent, the costs of revenue from principal business for per hundred yuan stood at 85.8 yuan, with the margin hit 5.53 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 15,340.68 billion yuan, increased 8.2 percent, the costs of revenue from principal business for per hundred yuan stood at 86.39 yuan, with the margin hit 5.11 percent; and that of private enterprises gained 20,319.32 billion yuan, increased 15.4 percent, the costs of revenue from principal business for per hundred yuan stood at 87.36 yuan, with the margin hit 6.29 percent.

By the end of August, the total volume of receivable accounts for industrial enterprises hit 9,164.24 billion yuan, went up by 12.9 percent over the same period last year. The total value of finished products for industrial enterprises accounted for 3,190. 6 billion yuan, went up by 5.7 percent over the same period last year.

Key Financial Indicators of Industrial Enterprises

above Designated Size from January to August

 

Indicators

Revenue from

Principal Business

Total Profits

Profits from Principal Business

Accumulated to April (100 million yuan)

Increase rate Y/Y
(%)

Accumulated to April (100 million yuan)

Increase rate Y/Y
(%)

Accumulated to April (100 million yuan)

Increase rate Y/Y
(%)

 

 

 

 

 

 

 

Industrial Enterprises above Designated Size

645058.5

10.9

34863.9

12.8

35800.6

4.9

Grouped by Status of Registration 1

 

 

 

 

 

 

State Owned & State-Holding Enterprises

165184.4

5.8

9626.4

8.0

8407.1

4.1

 Private Enterprises

203193.2

15.4

10990.7

16.2

12774.4

3.0

Collective-owned Enterprises

7453.7

5.1

488.7

-0.8

534.9

-8.4

 Joint-Stock Enterprises

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