National Bureau of Statistics released on January 26 industrial enterprises financial data show that in 2017, the above-scale industrial enterprises realized a profit of 75187.1 billion yuan, an increase of 21% over the previous year, the highest growth rate since 2012. Among them, the petroleum processing , Coking and nuclear fuel processing industry profits increased 27%, chemical raw materials and chemical products manufacturing increased 40.9%.
In 2017, among the industrial enterprises above designated size, the total profits of state-controlled enterprises amounted to 1,665.12 billion yuan, up 45.1% over the previous year; that of collective-owned enterprises amounted to 39.99 billion yuan, down 8.5%; that of joint-stock enterprises amounted to 5,240.44 billion yuan, up by 23.5% %; That of foreign-invested enterprises and Hong Kong, Macao-Taiwan-invested enterprises achieved a total profit of 1875.29 billion yuan, up 15.8%; and that of private-owned enterprises amounted to 2375.31 billion yuan, up 11.7%.
Data show that in 2017, mining industry achieved a total profit of 458.68 billion yuan, an increase of 2.6 times the previous year; manufacturing profits of 6.65111 trillion yuan, an increase of 18.2%; electricity, heat, gas and water production and supply industry total profit 4089.2 100 million yuan, down 10.7%.
According to the National Bureau of Statistics, the rapid growth of industrial profits in 2017 is mainly due to the further promotion of supply-side structural reforms, the effective implementation of policies and measures such as de-capacity and cost reduction, the acceleration of growth and structural adjustment of new momentum, the acceleration of transformation and upgrading, Enterprise production and management environment has been significantly improved.
Data show that in 2017, in 41 industries, the total profit of 37 industries increased over the previous year, one industry remained flat and the other three industries decreased. The major industry profits are as follows: Total profit margin of coal mining and washing industry 2.9 times as much as that of the previous year, 4.5% for the agro-food processing industry, 3.6% for the textile industry, 27% for the petroleum processing, coking and nuclear fuel processing industries, 40.9% for the chemical raw materials and chemicals manufacturing, and the non-metallic mineral products industry 20.5%, ferrous metal smelting and rolling processing industry increased 1.8 times, non-ferrous metal smelting and rolling processing industry increased 28.6%, general equipment manufacturing industry increased 13.5%, special equipment manufacturing industry increased 29.3%, 5.8% growth in automobile manufacturing, electrical machinery And equipment manufacturing increased by 5.2%. The manufacturing of computers, telecommunications and other electronic equipment increased by 22.9%. The oil and natural gas mining industry turned from loss for the same period of last year to profit. Total profit from power generation, thermal power generation and supply business decreased by 15.4% over the previous year.
In 2017, the revenue from main business of large-scale industrial enterprises reached 116.5 trillion yuan, up 11.1% over the previous year; the main business cost was 98.9 trillion yuan, up 10.8%; the main business income margin was 6.46% Year increase of 0.54 percentage points.
By the end of 2017, the assets of industrial enterprises above designated size totaled 112.3 trillion yuan, an increase of 6.9% over the previous year; the total liabilities were 62.3 trillion yuan, up 5.7%; the total owners' equity amounted to 50 trillion yuan, up 8.5%; the asset-liability ratio was 55.5 %, Down 0.6 percentage points from the previous year.
As of the end of 2017, receivables from large-scale industrial enterprises reached 13.5 trillion yuan, up 8.5% over the previous year; and the finished goods inventories were 4,188.61 billion yuan, up 8.5%.
In 2017, the cost of every 100 yuan of main business income of industrial enterprises above designated size was 84.92 yuan, a decrease of 0.25 yuan over the previous year; the cost of every hundred yuan of main business income was 7.77 yuan, a decrease of 0.2 yuan; and the per-hundred yuan assets The main business income was 108.4 yuan, an increase of 3.7 yuan; per capita main business revenue was 1.135 million yuan, an increase of 150,000 yuan; finished goods inventory turnover days was 14.4 days, a decrease of 0.5 days; accounts receivable average payback period 39.1 days, a decrease of 0.5 days.
In December 2017, total profits of industrial enterprises above designated size reached 824.16 billion yuan, up 10.8% over the same period of last year, a deceleration of 4.1 percentage points from November.