Industrial profits rose by 55% from January to August

From January to August, the industrial enterprises above designated size achieved a profit of 2,6000.5 billion yuan, a year-on-year increase of 55%.
Among the industrial enterprises above designated size, state-owned and state-controlled enterprises realized profits of 842.3 billion yuan, up 67.5% year-on-year. The collective enterprises realized a profit of 47.1 billion yuan, an increase of 35.8% over the previous year; the joint-stock enterprises realized a profit of 1405.6 billion yuan, an increase of 53.4%; and the foreign-invested enterprises of Hong Kong, Malay, and Taiwanese businesses realized a profit of 744.1 billion yuan, an increase of 54.5%. Private companies realized profits of 671.5 billion yuan, a year-on-year increase of 50.9%.
Among the 39 major industrial sectors, the profits of 36 industries increased year-on-year, one industry turned losses, and the profits of the two industries declined. Among them, oil and natural gas extraction industry profits increased by 93.2% year-on-year, ferrous metal mining industry increased by 1.3 times, chemical raw materials and chemical products manufacturing by 49.6%, chemical fiber manufacturing industry doubled, and ferrous metal smelting and rolling processing industry grew. 99.7%, nonferrous metal smelting and rolling processing industry increased by 1.3 times, transportation equipment manufacturing increased by 80.7%, communication equipment, computers and other electronic equipment manufacturing increased by 71.3%, electricity, heat production and supply increased by 1.2 times; The processing, coking, and nuclear fuel processing industries fell by 31%.
The industrial enterprises above designated size achieved a total revenue of 4,319.6 billion yuan, up 33.4% year-on-year, an increase of 4.8 percentage points from January to May.
At the end of August, accounts receivable of industrial enterprises above designated size accounted for 599.02 billion yuan, a year-on-year increase of 24%, a decrease of 2.1 percentage points from the end of May. The capital of finished products was 2,277.9 billion yuan, a year-on-year increase of 9%, an increase of 0.5 percentage points from the end of May.
Note: Notes on statistical methods for statistics on industrial financial status Scope of statistics: Industrial enterprises above designated size are industrial enterprises with a business income of over 5 million yuan.
Data collection and dissemination: According to the current "National Statistical Survey System", the financial status report for industrial enterprises above designated size is based on 1-2 months, 1-5 months, January-August, and January-November. From the provinces reported the data of the enterprises, the Department of Industry of the National Bureau of Statistics reviewed and summarized them and released them in March, June, September and December respectively.
Explanation of indicators:
Total profit refers to the surplus of various income deducted by various enterprises in the production and operation process, reflecting the total amount of losses realized by the company during the reporting period.
The main business income refers to the total amount of income obtained from the main business operations of the company.
Accounts Receivable means that an enterprise should collect payment from the purchaser or accepting the labor unit for selling goods, products, and providing labor services.
Finished product refers to the finished product that has been processed and completed at the end of the reporting period and has completed all production processes and can be sold externally.

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