From 1 To March 2020, The Profits Of Industrial Enterprises Above Designated Size Dropped By 36.7%.

From 1 to March, the total profit of Industrial Enterprises above Designated Size reached 781 billion 450 million yuan, down 36.7% compared with the same period last year (according to the calculation of the comparable caliber, as detailed in note two), the decline narrowed by 1.6 percentage points from 1 to February.

From 1 to March, the total profits of state holding enterprises in the industrial enterprises above Designated Size amounted to 222 billion 670 million yuan, down 45.5% from the same period last year. The total profit of the joint-stock enterprises reached 597 billion 40 million yuan, a decrease of 33%. The total profits of foreign invested enterprises and Hong Kong, Macao and Taiwan invested enterprises reached 167 billion 150 million yuan, a decrease of 46.9%, and private enterprises realized a total profit of 234 billion 480 million yuan, decreasing by 29.5%.

From 1 to March, the total profit of the mining industry amounted to 88 billion 140 million yuan, down 27.5% from the same period last year. The total profit of the manufacturing industry was 607 billion 960 million yuan, a decrease of 38.9%, and the total profit of electricity, heat, gas and water production and supply reached 85 billion 350 million yuan, or 28.6%.

From 1 to March, in 41 industrial sectors, the total profits of 2 industries increased year by year, and 39 industries decreased. The profit of the main industries is as follows: the total profit of the tobacco industry increased by 28.5% compared with the same period last year, and the processing industry of the agricultural and sideline products increased by 11.2%, the automobile manufacturing industry dropped by 80.2%, the chemical raw materials and chemical products manufacturing industry decreased by 56.5%, ferrous metal smelting and calendering processing industry decreased by 55.7%, the electrical machinery and equipment manufacturing industry dropped by 47%, the general equipment manufacturing industry decreased by 39.9%, and the textile industry decreased by 38.8%. The equipment manufacturing industry has dropped by 34.7%, the non-metallic mineral products industry has dropped by 34%, the electricity and heat production and supply industry has dropped by 30.7%, the non-ferrous metal smelting and calendering processing industry has dropped by 30.2%, the coal mining and washing industry has dropped by 29.9%, the oil and natural gas extraction industry has dropped 20.1%, and the manufacturing of computers, communications and other electronic equipment has dropped 12%, and the petroleum, coal and other fuel processing industries have been reduced by 12%. From a year earlier to a loss.

From 1 to March, the operating income of Industrial Enterprises above Designated Size reached 19 trillion and 860 billion yuan, down 15.1% from the same period last year. The operating cost was 16 trillion and 830 billion yuan, a decrease of 14.6%, and the operating profit margin was 3.94%, down 1.34 percentage points compared with the same period last year.

At the end of 3, assets of Industrial Enterprises above Designated Size totaled 116 trillion and 570 billion yuan, up 6.2% over the same period last year; liabilities totaled 66 trillion yuan, an increase of 5.4%; owners' equity totaled 50 trillion and 570 billion yuan, an increase of 7.3%; asset liability ratio was 56.6%, a decrease of 0.4 percentage points over the same period last year.

By the end of 3, accounts receivable of Industrial Enterprises above Designated Size reached 14 trillion and 40 billion yuan, an increase of 7.3% over the same period last year, and inventories of finished goods were 4 trillion and 382 billion 970 million yuan, up 14.9%.

From 1 to March, the cost of industrial revenue per 100 yuan for industrial enterprises above designated size was 84.76 yuan, an increase of 0.49 yuan compared with the same period last year, and the cost per 100 yuan business income was 9.58 yuan, an increase of 0.68 yuan compared with the same period last year.

At the end of 3, the operating income of Industrial Enterprises above 100 yuan per 100 yuan reached 68.6 yuan, a decrease of 17.2 yuan compared with the same period last year, and the per capita operating income was 1 million 134 thousand yuan, a decrease of 135 thousand yuan compared with the same period last year. The turnover of finished goods inventory was 23.1 days, an increase of 5.5 days compared with that of the previous year; the average payback period of accounts receivable was 63.1 days, up 14.3 days from the same period.

In March, industrial enterprises above Designated Size realized a total profit of 370 billion 660 million yuan, down 34.9% from the same period last year.