August 27 (Xinhua) — According to the official WeChat account of the National Bureau of Statistics, from January to July, industrial enterprises above designated size nationwide achieved a total profit of 4,099.17 billion yuan, a year-on-year increase of 3.6% (calculated on a comparable basis).
From January to July, among industrial enterprises above designated size, state-controlled enterprises achieved a total profit of 1,391.73 billion yuan, a year-on-year increase of 1.0%; joint-stock enterprises achieved a total profit of 3,051.46 billion yuan, an increase of 1.9%; enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan achieved a total profit of 1,018.49 billion yuan, an increase of 9.9%; private enterprises achieved a total profit of 1,103.10 billion yuan, an increase of 7.3%.
From January to July, the mining industry achieved a total profit of 717.92 billion yuan, a year-on-year decrease of 9.5%; the manufacturing industry achieved a total profit of 2,904.54 billion yuan, an increase of 5.0%; the production and supply of electricity, heat, gas and water achieved a total profit of 476.71 billion yuan, an increase of 20.1%.
From January to July, the profit situation of major industries was as follows: profits in the smelting and rolling processing of non-ferrous metals increased by 79.3% year on year; the manufacture of computers, communication equipment and other electronic equipment increased by 25.1%; the processing of agricultural and sideline food increased by 23.9%; the production and supply of electricity and heat increased by 23.2%; the textile industry increased by 18.4%; the automobile manufacturing industry increased by 6.7%; the extraction of petroleum and natural gas increased by 5.3%; the manufacture of raw chemical materials and chemical products increased by 4.8%; the manufacture of general-purpose machinery increased by 4.3%; the manufacture of special-purpose machinery decreased by 2.9%; the manufacture of electrical machinery and apparatus decreased by 8.1%; the mining and washing of coal decreased by 21.7%; the manufacture of non-metallic mineral products decreased by 48.8%; and the processing of petroleum, coal and other fuels and the smelting and rolling processing of ferrous metals turned from profit to loss year on year.
From January to July, industrial enterprises above designated size achieved operating revenue of 75.93 trillion yuan, a year-on-year increase of 2.9%; operating costs were 64.79 trillion yuan, an increase of 3.0%; and the operating revenue profit margin was 5.40%, up 0.04 percentage points year on year.
At the end of July, the total assets of industrial enterprises above designated size stood at 172.76 trillion yuan, a year-on-year increase of 5.3%; total liabilities were 99.51 trillion yuan, an increase of 5.1%; total owners' equity was 73.25 trillion yuan, an increase of 5.7%; and the debt-to-asset ratio was 57.6%, down 0.1 percentage points year on year.
At the end of July, accounts receivable of industrial enterprises above designated size stood at 25.10 trillion yuan, a year-on-year increase of 8.1%; finished goods inventory was 6.47 trillion yuan, an increase of 5.2%.
From January to July, the cost per 100 yuan of operating revenue of industrial enterprises above designated size was 85.33 yuan, an increase of 0.09 yuan year on year; the expense per 100 yuan of operating revenue was 8.41 yuan, flat year on year.
At the end of July, the operating revenue realized per 100 yuan of assets of industrial enterprises above designated size was 76.4 yuan, a decrease of 2.3 yuan year on year; operating revenue per capita was 1.794 million yuan, an increase of 78,000 yuan year on year; the turnover days of finished goods inventory were 20.4 days, an increase of 0.2 days year on year; and the average collection period of accounts receivable was 66.5 days, an increase of 3.4 days year on year.
In July, the profits of industrial enterprises above designated size increased by 4.1% year on year.

Image source: Official WeChat account of the National Bureau of Statistics
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