July 7, 2022
In China, from January to May, industrial enterprises above designated size nationwide realized a total profit of 3,441 billion yuan, a year-on-year increase of 1.0 percent.
From January to May, among industrial enterprises above designated size, state-owned holding enterprises realized a total profit of 1,158.37 billion yuan, an increase of 9.8 percent year-on-year; joint stock enterprises realized a total profit of 2,580.25 billion yuan, an increase of 7.8 percent; the total profits of foreign-invested enterprises and enterprises with investment from Hong Kong, Macao and Taiwan reached 784.53 billion yuan, down 16.1 percent; and private enterprises realized a total profit of 1,007.09 billion yuan, down 2.2 percent.
From January to May, the mining industry realized a total profit of 708.27 billion yuan, a year-on-year increase of 1.31 times; the manufacturing industry realized a total profit of 2,557.95 billion yuan, down 10.8 percent; and the electricity, heat, gas and water production and supply industries realized a total profit of 174.79 billion yuan, down 24.7 percent.
From January to May, among the 41 major industrial sectors, the total profits of 16 industries increased year-on-year, 24 industries decreased, and one industry turned from loss to profit. The profits of major industries were as follows: the total profits of coal mining and washing industry increased by 1.75 times year-on-year, the oil and natural gas mining industry increased by 1.35 times, the non-ferrous metal smelting and processing industry increased by 26.6 percent, the electrical machinery and equipment manufacturing industry increased by 14.6 percent, the chemical raw materials and chemical products manufacturing industry increased by 13.8 percent, the computer, communication and other electronic equipment manufacturing industry increased by 0.2 percent, the textile industry decreased by 2.5 percent, and the non-metallic mineral products industry decreased by 3.3 percent, the manufacturing of special equipment dropped by 4.6 percent, the processing of agricultural and sideline food decreased by 8.3 percent, the manufacturing of general equipment down by 21.3 percent, the production and supply of electricity and heat dropped by 26.9 percent, the processing of oil, coal and other fuels declined by 29.6 percent, the automobile manufacturing down by 37.5 percent, and the ferrous metal smelting and processing decreased by 64.2 percent.
From January to May, industrial enterprises above designated size achieved an operating income of 53.16 trillion yuan, a year-on-year increase of 9.1 percent; the operating costs incurred were 44.88 trillion yuan, an increase of 10.2 percent; and the profit margin of operating income was 6.47 percent, a year-on-year decrease of 0.52 percentage point.
By the end of May,the assets of industrial enterprises above designated size totaled 147.62 trillion yuan, a year-on-year increase of 10.4 percent; liabilities totaled 83.57 trillion yuan, an increase of 10.5 percent; the owner’s equity totaled 64.05 trillion yuan, an increase of 10.2 percent; and the asset liability ratio was 56.6 percent, unchanged year on year.
By the end of May, the accounts receivable of industrial enterprises above designated size were 19.75 trillion yuan, an increase of 11.8 percent year-on-year; the inventory of finished products was 5.96 trillion yuan, an increase of 19.7 percent.
From January to May, the cost per 100 yuan of operating income of industrial enterprises above designated size was 84.42 yuan, a year-on-year increase of 0.83 yuan; the expense per 100 yuan of operating income was 7.88 yuan, a year-on-year decrease of 0.52 yuan.
By the end of May, the operating income of industrial enterprises above designated size per 100 yuan of assets was 88.0 yuan, a year-on-year decrease of 1.1 yuan; the per capita operating income was 1.704 million yuan, a year-on-year increase of 143,000 yuan; the inventory turnover days of finished products were 19.0 days, an increase of 1.3 days year-on-year; and the average payback period of accounts receivable was 54.4 days, a year-on-year increase of 2.0 days.
Source: National Bureau of Statistics of China
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