Data released by the National Bureau of Statistics on October 27 showed that from January to September, the total profit of industrial enterprises above designated size nationwide reached RMB 5.3732 trillion , up 3.2% year-on-year. Among them, the petroleum and natural gas extraction industry achieved a total profit of RMB256.88 billion, down 13.3% year-on-year; the chemical raw materials and chemical products manufacturing industry achieved a total profit of RMB 280.26 billion, down 4.4% year-on-year.

From January to September, among industrial enterprises above designated size: - State-controlled enterprises recorded total profits of RMB 1.70218 trillion, down 0.3% year-on-year; - Shareholding enterprises recorded total profits of RMB 3.99235 trillion, up 2.8%; - Foreign-funded and Hong Kong/Macao/Taiwan-funded enterprises recorded total profits of RMB.35097 trillion , up 4.9%; - Private enterprises recorded total profits of RMB 1.51317 trillion, up 5.1%. .

From January to September, the mining industry recorded total profits of RMB 636.92 billion, down 29.3% year-on-year; the manufacturing industry recorded total profits of RMB 4,067.18 billion, up 9.9%; and the electricity, heat, gas, and water production and supply industry recorded total profits of RMB 669.10 billion, up 10.3%.

From January to September, profits in major industries were as follows: Electricity, heat production, and supply saw a 14.4% year-on-year increase; Nonferrous metal smelting and rolling processing grew by 14.0%; Agricultural and sideline food processing rose by 12.5%; Computer, communications, and other electronic equipment manufacturing increased by 12.0%; Electrical machinery and equipment manufacturing grew by 11.3%; General-purpose equipment manufacturing rose by 8. computer, communications, and other electronic equipment manufacturing grew by 12.0%, electrical machinery and equipment manufacturing increased by 11.3%, general-purpose equipment manufacturing rose by 8.4%, special-purpose equipment manufacturing climbed by 6.8%, non-metallic mineral products manufacturing grew by 5.1%, automobile manufacturing increased by 3.4%. Ferrous metal smelting and rolling turned from loss to profit year-on-year, while petroleum, coal, and other fuel processing reduced losses. Chemical raw materials and chemical products manufacturing declined by 4.4%, textiles by 5.9%, petroleum and natural gas extraction by 13.3%, and coal mining and washing by 51.1%.

From January to September, industrial enterprises above designated size achieved operating revenues of 102.08 trillion yuan, up 2.4% year-on-year; incurred operating costs of RMB 87.34 trillion, up 2.6%; and recorded an operating profit margin of 5.26%, an increase of 0.04 percentage points year-on-year.

By the end of September, total assets of industrial enterprises above designated size reached RMB 186.27 trillion, up 5.0% year-on-year; total liabilities amounted to RMB 107.96 trillion, increasing by 5.2%; total owners' equity stood at RMB 78.31 trillion, rising by 4.7%; the asset-liability ratio was 58.0%, up 0.1 percentage points year-on-year.

By the end of September, accounts receivable for industrial enterprises above designated size reached RMB 27.22 trillion, up 5.7% year-on-year; finished goods inventory stood at RMB 6.71 trillion , increasing by 2.8%.

From January to September, the cost per RMB 100 of operating revenue for industrial enterprises above designated size was RMB 85.56, an increase of RMB 0.18 year-on-year; expenses per RMB 100 of operating revenue were RMB 8.36 , a decrease of RMB 0.16 year-on-year.

At the end of September, industrial enterprises above designated size generated RMB 74.7 in operating revenue per RMB 100 of assets, down RMB 1.9 year-on-year; operating revenue per employee reached RMB 1.856 million, up RMB 62,000 year-on-year; finished goods inventory turnover took 20.2 days, up 0.2 days year-on-year; and the average collection period for accounts receivable was 69.2 days, up 3.3 days year-on-year.

In September, profits of industrial enterprises above designated size increased by 21.6% year-on-year.

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