From January to June, the total profits of industrial enterprises above designated size across the country reached 3,436.5 billion yuan, a year-on-year decrease of 1.8% (calculated on a comparable basis, see Note 2).
From January to June, among industrial enterprises above designated size, state-controlled enterprises achieved a total profit of 1,109.12 billion yuan, a year-on-year decrease of 7.6%. The total profits of joint-stock enterprises reached 2,533.04 billion yuan, a decrease of 3.1%. Foreign-invested enterprises and those from Hong Kong, Macao and Taiwan achieved a total profit of 882.31 billion yuan, an increase of 2.5%. Private enterprises achieved a total profit of 938.97 billion yuan, an increase of 1.7%.
From January to June, the mining industry achieved a total profit of 429.41 billion yuan, a year-on-year decrease of 30.3%. The manufacturing industry achieved a total profit of 2,590.06 billion yuan, an increase of 4.5%. The total profit of the power, heat, gas and water production and supply industry reached 417.04 billion yuan, increasing by 3.3%.
The profit situation of the main industries from January to June is as follows: The profits of the ferrous metal smelting and rolling processing industry increased by 13.7 times year-on-year, those of the agricultural and sideline food processing industry by 22.8%, those of the electrical machinery and equipment manufacturing industry by 13.0%, those of the non-ferrous metal smelting and rolling processing industry by 7.8%, those of the general equipment manufacturing industry by 6.5%, and those of the power, heat production and supply industry by 5.6%. The specialized equipment manufacturing industry grew by 4.4%, the automotive manufacturing industry by 3.6%, the computer, communication and other electronic equipment manufacturing industry by 3.5%, the non-metallic mineral products industry by 5.4%, the textile industry by 8.1%, the chemical raw materials and chemical products manufacturing industry by 9.0%, and the oil and gas extraction industry by 11.5%. The coal mining and washing industry saw a 53.0% decline, while the petroleum, coal and other fuel processing industry suffered year-on-year losses.
From January to June, industrial enterprises above designated size achieved operating income of 66.78 trillion yuan, up by 2.5% year-on-year. Operating costs reached 57.12 trillion yuan, an increase of 2.8%. The profit margin of operating income was 5.15%, a year-on-year decrease of 0.22 percentage points.
By the end of June, the total assets of industrial enterprises above designated size reached 183.17 trillion yuan, up by 5.1% year-on-year. The total liabilities amounted to 105.98 trillion yuan, increasing by 5.4%. The total owner's equity was 77.19 trillion yuan, increasing by 4.7%. The asset-liability ratio was 57.9%, up by 0.2 percentage points year-on-year.
By the end of June, the accounts receivable of industrial enterprises above designated size reached 26.69 trillion yuan, up by 7.8% year-on-year. Finished goods inventory reached 6.60 trillion yuan, increasing by 3.1%.
From January to June, the cost per 100 yuan of operating income of industrial enterprises above designated size was 85.54 yuan, an increase of 0.26 yuan year-on-year. The expense per 100 yuan of operating income was 8.38 yuan, a decrease of 0.10 yuan year-on-year.
At the end of June, the operating income per 100 yuan of assets realized by industrial enterprises above designated size was 73.9 yuan, a decrease of 1.9 yuan year-on-year. The per capita operating income was 1.823 million yuan, an increase of 56,000 yuan year-on-year. The inventory turnover days of finished products were 20.4 days, an increase of 0.1 days year-on-year. The average collection period of accounts receivable was 69.8 days, an increase of 3.9 days year-on-year.
In June, profits of industrial enterprises above designated size decreased by 4.3% year-on-year.