Profits of industrial enterprises above the national scale fell by 12.8% from January to June 2020

From January to June, industrial enterprises above the national scale achieved a total profit of 251.149 billion yuan, down 12.8% YoY (see Note II in terms of comparable calibre), a decrease of 6.5 percentage points from January-May.
January-June, state-controlled enterprises achieved a total profit of 661.41 billion yuan, down 28.5% YoY;
January-June, the mining industry achieved a total profit of 164.70 billion yuan, down 41.7% YoY, while the manufacturing industry achieved a total profit of 212.230 billion yuan, a decrease of 9.8%, and the power, thermal, gas and water production and supply industry achieved a total profit of 224.50 billion yuan, a decrease of 8.7%.
January-June, profits in nine of the 41 major industrial sectors increased year-on-year, with one sector flat and 31 declining.
Profits in major industries were as follows: total profits in the computer, communications and other electronic equipment manufacturing sector increased by 27.2% YoY, the manufacturing of specialized equipment increased by 20.7%, the agro-food processing industry grew by 14.8%, the oil and gas extraction industry decreased by 72.6%, the ferrous metal smelting and extension processing industry decreased by 40.3%, the chemical raw materials and chemicals manufacturing industry decreased by 32.2%, and the coal mining and washing industry decreased by 31 .2%, non-ferrous metal smelting and extension processing fell 29.4%, automobile manufacturing fell 20.7%, electricity, thermal production and supply fell 9.5%, non-metallic mineral products fell 8.7%, electrical machinery and equipment manufacturing fell 6.4%, textiles fell 5.6%, general equipment manufacturing fell 1.1%, oil, coal and other fuel processing industries turned a profit into a loss over the same period.
January-June, industrial enterprises above the scale achieved operating income of 46.31 trillion yuan, down 5.2% YoY;
at the end of June, the assets of industrial enterprises above the scale totalled 120.14 trillion yuan, up 6.5% YoY; liabilities totaled 68.41 trillion yuan, up 6.4%; owner's equity totaled 51.73 trillion yuan, up 6.5%; and the asset-liability ratio was 56.9%, down 0.1 percentage points YoY.
the end of June, accounts receivable of industrial enterprises above the scale amounted to 15.34 trillion yuan, up 12.7% YoY, while inventories of finished products amounted to 4.44 trillion yuan, up 8.3%.
January-June, the cost per 100 yuan operating income of industrial enterprises above the scale was 84.56 yuan, an increase of 0.42 yuan yoY, and the cost per 100 yuan of operating income was 9.05 yuan, an increase of 0.23 yuan YoY. at the end of June
, the operating income per 100 yuan of assets of industrial enterprises above the scale was 78.8 yuan, a decrease of 9.6 yuan YoY;
, industrial enterprises above the scale achieved a total profit of 666.55 billion yuan, up 11.5% yoY and 5.5 percentage points faster than in May. note:
, indicator interpretation and related note 1, total profit: refers to the enterprise in the production and operation process of various income after deducting various expenses of the surplus, reflecting the total profit and loss realized by the enterprise during the reporting period.
2, operating income: refers to the enterprise engaged in the sale of goods, the provision of services and the right to use assets and other production and business activities formed by the inflow of economic benefits.
includes main business income and other business income.
3, operating costs: refers to the enterprise engaged in the sale of goods, the provision of services and the right to use assets and other production and business activities occurred in the actual cost.
includes main business costs and other business costs.
operating costs shall be matched with operating income.
4, total assets: refers to the enterprise's past transactions or matters formed by the enterprise owned or controlled by the enterprise, is expected to bring economic benefits to the enterprise resources.
5, total liabilities: refers to the formation of past transactions or matters of enterprises, is expected to lead to the outflow of economic benefits from the enterprise's current obligations.
6, total owner's equity: refers to the enterprise assets after deducting liabilities by the owner's residual equity.
7, accounts receivable: refers to the balance sheet date measured at amortized cost, the enterprise due to the sale of goods, services and other business activities should be charged.
The Ministry of Finance, in its Notice on the Revision and Issuance of the Format of general enterprise financial statements for 2019 (Accounting (2019) No. 6), revised the format of the financial statements of general enterprises, and the Balance Sheet of Enterprises no longer lists "notes receivable and accounts receivable" items, but instead lists "notes receivable" and "accounts receivable" items separately.
in accordance with the financial statements of the enterprise, from 2020 onwards, the monthly "notes receivable and accounts receivable" data will be discontinued and the "accounts receivable" data will be published instead.
the relevant indicators accordingly.
8, finished goods inventory: refers to the enterprise at the end of the reporting period has been processed and completed the entire production process, can be sold to the outside of the manufactured products.
9, operating income profit margin - total profit÷ operating income × 100%, units:
10, the cost per hundred yuan of operating income - operating costs÷ operating income × 100, units: yuan.
11, the cost of operating income of 100 yuan ( sales expenses , administrative expenses , research and development expenses , financial expenses) ÷ operating income×100, units: yuan.
12, operating income per 100 yuan of assets realized - operating income ÷alveraging assets÷ cumulative number of months×12×100, units: yuan.
13, per capita operating income s operating income÷ average number of workers ÷ cumulative number of months×12, units: 10,000 yuan / person.
14, asset-liability ratio , total ÷ liabilities, × 100%, unit:.
15, the number of days of finished goods inventory turnover - 360× average finished goods inventory ÷ operating costs× cumulative number of months÷12, units: days.
16, average recovery period of accounts receivable: 360× Average accounts receivable÷ operating income× cumulative number of months÷12, unit: days.
17. In the column of total profit year-on-year growth in each table, the "Note" indicates that the total profit of the year-on-year was negative, i.e. loss;
, the total profit of industrial enterprises above the scale, operating income and other indicators of the growth rate are calculated in a ratioable calibre.
there are inconsocal factors between the data for the current reporting period and the data on the same indicator published in the previous year, and the growth rate cannot be calculated directly.
main reasons for this are: (i) according to the statistical system, the scope of the survey of industrial enterprises above the scale is adjusted on a regular basis each year.
every year, some enterprises meet the scale standards into the scope of the survey, but also some enterprises due to the small size of the exit from the scope of the survey, as well as new production enterprises, bankruptcy, note (hanging) sales enterprises and other changes.
(2) Strengthen statistical law enforcement, clean up enterprises found in statistical law enforcement inspections that do not meet the requirements of industrial statistics above the scale, and revise the relevant base in accordance with the regulations.
(iii) strengthen data quality management and eliminate cross-regional and cross-industry duplicate statistics.
, the statistical scope of industrial enterprises above the scale, that is, the annual main business income of 20 million yuan or more of industrial legal entities.
, survey methods The financial status statements of industrial enterprises above the scale are fully investigated on a monthly scale (January data are exempt from reporting).
, industry classification standards to implement the national economic industry classification standards (GB/T4754-2017), see.
.