Financial Services Association, April 27. Data released by the National Bureau of Statistics shows that in January-March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year. From January to March, among industrial enterprises above scale, state-owned enterprises achieved total profit of 573.82 billion yuan, a year-on-year decrease of 2.6%; joint-stock enterprises achieved total profit of 112.03 billion yuan, an increase of 0.8%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 373.75 billion yuan, an increase of 18.1%; and private enterprises achieved total profit of 367.97 billion yuan, an increase of 5.8%.

From January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year (based on a comparable scale, see Note 2 for details).

From January to March, among industrial enterprises above scale, state-owned enterprises achieved total profit of 573.82 billion yuan, a year-on-year decrease of 2.6%; joint-stock enterprises achieved total profit of 112.03 billion yuan, an increase of 0.8%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 373.75 billion yuan, an increase of 18.1%; and private enterprises achieved total profit of 367.97 billion yuan, an increase of 5.8%.

From January to March, the mining industry achieved a total profit of 296.17 billion yuan, a year-on-year decrease of 18.5%; the manufacturing industry achieved a total profit of 1017.24 billion yuan, an increase of 7.9%; and the electricity, heat, gas and water production and supply industry achieved a total profit of 192.12 billion yuan, an increase of 40.0%.

From January to March, the profit situation of major industries was as follows: profits in the computer, communications and other electronic equipment manufacturing industry increased by 82.5%, the non-ferrous metal smelting and rolling processing industry increased by 57.2%, the electricity, heat production and supply industry grew by 47.5%, the automobile manufacturing industry grew by 32.0%, the textile industry grew by 25.0%, the general equipment manufacturing industry grew by 7.9%, the oil and gas extraction industry grew by 3.8%, the agricultural and sideline food processing industry decreased by 3.5%, the electrical machinery and equipment manufacturing industry decreased by 6.9%, and special equipment The manufacturing industry declined by 7.2%, the coal mining and washing industry fell by 33.5%, the non-metallic mineral products industry declined by 54.2%, the petroleum coal and other fuel processing industry changed profits to losses, and losses in the ferrous metal smelting and rolling processing industry increased.

From January to March, large-scale industrial enterprises achieved operating income of 30.96 trillion yuan, an increase of 2.3% year on year; operating costs of 26.38 trillion yuan, an increase of 2.5%; and the profit margin on operating income was 4.86%, an increase of 0.09 percentage points over the previous year.

At the end of March, the total assets of large-scale industrial enterprises were 169.14 trillion yuan, up 6.1% year on year; total liabilities were 96.85 trillion yuan, up 5.7%; total owners' equity was 72.29 trillion yuan, up 6.6%; and the balance ratio was 57.3%, down 0.2 percentage points year on year.

At the end of March, accounts receivable from large-scale industrial enterprises were 23.33 trillion yuan, an increase of 8.2% over the previous year; inventory of finished products was 6.26 trillion yuan, an increase of 2.5%.

From January to March, the cost per 100 yuan of operating income for large-scale industrial enterprises was 85.18 yuan, an increase of 0.16 yuan over the previous year; the cost per 100 yuan operating income was 8.54 yuan, a decrease of 0.07 yuan over the previous year.

At the end of March, the operating income achieved by large-scale industrial enterprises per 100 yuan of assets was 73.5 yuan, a year-on-year decrease of 2.9 yuan; per capita operating income was 1,725 million yuan, an increase of 75,000 yuan over the previous year; the number of inventory turnover days for finished products was 21.1 days, the same as the previous year; the average payback period for accounts receivable was 67.3 days, an increase of 3.8 days over the previous year.

In March, large-scale industrial enterprises achieved a 3.5% year-on-year decline in profits.