Industrial Profits Increased from January to March National Bureau of Statistics of China 2013-04-27 16:23:19 From January to March, the industrial profits of enterprises above designated size achieved 1,174.0 billion yuan, an increase of 12.1 percent over the same period last year, and down by 5.1 percentage points over the first two months. In March, the industrial profits of enterprises above designated size achieved 464.9 billion yuan, an increase of 5.3 percent over the same period last year.
From January to March, the profits of state-owned and state-holding industrial enterprises above designated size gained 341.2 billion yuan, an increase of 7.6 percent over the same period last year; that of collective-owned enterprises reached 17.8 billion yuan, increased 7.5 percent; that of joint-stock enterprises stood at 684.3 billion yuan, increased 12.9 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 268.8 billion yuan, increased 7.1 percent; and that of private enterprises gained 375.7 billion yuan, increased 17.8 percent.
Within 41 branches of industrial divisions, the profits of 29 industrial divisions increased over the same period last year, that of 9 declined, 2 industries turned to get net profits from loss, and the loss of 1 industry declined over the same period last year. Of which, the profits of agro-food processing industry rose by 9.9 percent, that of raw chemical materials and chemical products went up by 7.2 percent, that of ferrous metal mining and processing increased 3.3 times, that of manufacturing of general equipment increased 8.5 percent, that of the manufacture of automobile industry increased 10.6 percent, that of manufacturing of electrical machinery and equipment increased 7.0 percent, that of communication equipment, computers and other electric equipment production went up by 36.8 percent, that of production and supply of electric power and heat power increased 90.5 percent, that of petroleum and natural gas extraction industry decreased 4.5 percent, that of processing of petroleum, coking, processing of nuclear fuel turned to get net profits from loss, over the same period last year.
The revenue from principal business of enterprises above designated reached 22,236.4 billion yuan, increased 11.9 percent over the same period last year. The cost of main business revenue for per hundred yuan stood at 85.01 yuan, with the margin hit 5.28 percent.
The revenue from principal business of state-owned and state-holding industrial enterprises grew to 5,877.0 billion yuan, increased 4.9 percent over the same period last year, the costs of revenue from principal business for per hundred yuan stood at 81.83 yuan, with the margin hit 5.81 percent, that of collective-owned enterprises reached 272.0 billion yuan, increased 10.4 percent, the costs of revenue from principal business for per hundred yuan stood at 84.92 yuan, with the margin hit 6.53 percent, that of joint-stock enterprises reached 12,955.5 billion yuan, increased 14.0 percent, the costs of revenue from principal business for per hundred yuan stood at 84.75 yuan, with the margin hit 5.28 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 5,406.7 billion yuan, increased 8.0 percent, the costs of revenue from principal business for per hundred yuan stood at 86.3 yuan, with the margin hit 4.97 percent, and that of private enterprises gained 7,002.1 billion yuan, increased 18.4 percent, the costs of revenue from principal business for per hundred yuan stood at 86.11 yuan, with the margin hit 5.37 percent.
By the end of March, the total volume of receivable accounts for industrial enterprises hit 8,287.7 billion yuan, went up by 14.9 percent over the same period last year. The total value of finished products for industrial enterprises accounted for 3,057.2 billion yuan, went up by 8.8 percent over the same period last year.
Key Financial Indicators of Industrial Enterprises
above Designated Size from January to March
| Indicators | Revenue from | Total Profits | ||||
| Principal Business | ||||||
| Accumulated to March (100 million yuan) | Increase rate Y/Y | Accumulated to March (100 million yuan) | Increase rate Y/Y | |||
| (%) | (%) | |||||
| Industrial Enterprises above Designated Size | 222363.6 | 11.9 | 11740.1 | 12.1 | ||
| Grouped by Status of Registration 1 | ||||||
| State Owned & State-Holding Enterprises | 58770.1 | 4.9 | 3412.2 | 7.6 | ||
| Private Enterprises | 70021.4 | 18.4 | 3757.1 | 17.8 | ||
| Collective-owned Enterprises | 2719.9 | 10.4 | 177.7 | 7.5 | ||
| Joint-Stock Enterprises | 129554.9 | 14 | 6843.2 | 12.9 | ||
| Enterprises with Funds From Hong Kong, Macao and Taiwan, and Foreign Funded Enterprises | 54066.7 | 8 | 2687.8 | 7.1 | ||
| Grouped by Industries | ||||||
| Mining and Washing of Coal | 7693.5 | -2.6 | 549.8 | -40.3 | ||
| Extraction of Petroleum and Natural Gas | 2871.8 | 2.8 | 1060.6 | -4.5 | ||
| Mining of Ferrous Metal Ores | 1891.6 | 20.2 | 160.6 | -5.2 | ||
| Mining of Non-Ferrous Metal Ores | 1272.8 | 14.9 | 147.7 | -1.9 | ||
| Mining And Processing of Nonmetal Ores | 971.1 | 20.3 | 67.2 | 14.7 | ||
| Processing of Food From Agricultural Products | 12643.5 | 17.4 | 555.8 | 9.9 | ||
| Manufacture of Foods | 4063.3 | 18.3 | 329.3 | 28.4 | ||
| Manufacture of Wines, Beverage and Refined Tea | 3524.7 | 15.2 | 394.1 | 17.7 | ||
| Manufacture of Cigarettes And Tobacco | 2611.2 | 11.2 | 425.6 | 18.4 | ||
| Manufacture of Textile | 7518.3 | 15.2 | 337.3 | 19.6 | ||
| Manufacture of Textile Wearing Apparel And Ornament | 3992.9 | 12.8 | 216.5 | 12.4 | ||
| Manufacture of Leather, Fur, Feather and its Products | 2604.3 | 13.8 | 148 | 10.6 | ||
| Processing of Timbers, Manufacture of Wood, Bamboo, Rattan, Palm, and Straw Products | 2385.8 | 21.5 | 135 | 24.1 | ||
| Manufacture of Furniture | 1326.9 | 13.5 | 68.2 | 17.9 | ||
| Manufacture of Paper and Paper Products | 3027.6 | 10.2 | 138.5 | 16 | ||
| Printing, Reproduction of Recording Media | 1065.8 | 14.6 | 74.2 | 11.7 | ||
| Manufacture of Articles for Culture, Education, Artwork, Sport and Entertainment Activity | 2518.8 | 17.3 | 99.7 | 6.2 | ||
| Processing of Petroleum, Coking, Processing of Nucleus Fuel | 9796.1 | 3.7 | 90.3 | (Note 2) | ||
| Manufacture of Chemical Raw Material and Chemical Products | 16429.8 | 13.1 | 710 | 7.2 | ||
| Manufacture of Medicines | 4450.2 | 20.5 | 434.5 | 22.7 | ||
| Manufacture of Chemical Fibers | 1619.5 | 6.5 | 38.4 | -14.4 | ||
| Manufacture of Rubber and Plastics Products | 5725.1 | 15.3 | 302.7 | 17.9 | ||
| Manufacture of Non-Metallic Mineral Products | 9902.7 | 16.7 | 543.2 | 17.2 | ||
| Manufacture and Processing of Ferrous Metals | 17486.2 | 7.6 | 241.6 | 333.9 | ||
| Manufacture and Processing of Non-Ferrous Metals | 9988.1 | 18 | 240.2 | -3.8 | ||
| Manufacture of Fabricated Metal Products | 6701.7 | 16.7 | 301.3 | 21.5 | ||
| Manufacture of General-Purpose Machinery | 8708.2 | 11.4 | 489.1 | 8.5 | ||
| Manufacture of Special-Purpose Machinery | 6412.3 | 10.1 | 357.7 | -11.4 | ||
| Manufacture of Motor Vehicles | 13247.6 | 11.8 | 1019.1 | 10.6 | ||
| Manufacture of Railway Locomotives, Building of Ships and Boats, Manufacture of Air and Spacecrafts and Other Transportation Equipments | 3383.7 | 4.5 | 153.3 | -2.3 | ||
| Manufacture of Electrical Machinery and Equipment | 12471.3 | 13.3 | 516.9 | 7 | ||
| Manufacture of Computer, Communication Equipment and Other Electronic Equipment | 16718.4 | 13.3 | 448.6 | 36.8 | ||
| Manufacture of Measuring Instrument and Meter | 1521.9 | 20.5 | 97.4 | 22.2 | ||
| Production and Supply of Electric Power and Heat Power | 12767.7 | 5.4 | 705.9 | 90.5 | ||
| Production and Distribution of Gas | 996.6 | 16.2 | 92.8 | 17.7 | ||
| Production and Distribution of Water | 317.9 | 14.5 | 1.2 | (Note 3) | ||
Note:
1. Due to the overlap of economic type grouping, the total is not equal to the total of sub-items.
2. The total profits of processing of petroleum, coking, processing of nucleus fuel of the same period last year was -8.97 billion yuan.
3. The total profits of production and distribution of the same period last year water was -6.3 billion yuan.
Annotations:
1. Explanatory Notes:
Total Profits: refer to the final achievement of production and operation activities of the enterprises, represented by total profits after deducting losses (loss is expressed by the negative figure).
Revenue from Principal Business: refers to total income of enterprises gained from principal business operation.
Receivable Accounts: refers to the funds received by enterprises from units purchasing goods or receiving labor services through selling goods, products, proving labor services and etc.
Finished Goods: refers to manufactured products which are ready for sale by the end of report period.
The costs of revenue from principal business for per hundred yuan = The cost of revenue from principal business/The revenue from principal business×100
The margin of revenue from principal business= Total profit/The revenue from principal business×100%
2. Statistical Coverage
Since 2011, enterprises above designated size refers to all industrial enterprises with revenue from principal business over 20 million yuan (the former is 5 million yuan).
3. Data Collection
Since 2011, the Financial Report of Enterprises Above Designated Size conducts complete survey by month (the data on January are not required to report).
4. Standard Industrial Classification
Since 2012, the new Industrial Classification for National Economic Activities (GB/T 4754-2011) was implemented by NBS, the industrial divisions were expanded to 41 from 39, please refer to http://www.stats.gov.cn/tjbz.