From 1 To April 2020, The Profits Of Industrial Enterprises Above Designated Size Dropped By 27.4%.

From 1 to April, the total profit of Industrial Enterprises above Designated Size reached 1 trillion and 259 billion 790 million yuan, down 27.4% compared with the same period last year (according to the calculation of the comparable caliber, as detailed in note two), the decline narrowed by 9.3 percentage points from 1 to March.

From 1 to April, the total profits of state holding enterprises in the industrial enterprises above Designated Size amounted to 304 billion 630 million yuan, down 46% from the same period last year. The total profit of the joint-stock enterprises reached 924 billion 900 million yuan, a decrease of 26.6%. The total profits of foreign invested enterprises and Hong Kong, Macao and Taiwan invested enterprises reached 312 billion 130 million yuan, a decrease of 28.8%, and private enterprises realized a total profit of 392 billion 10 million yuan, decreasing by 17.2%.

From 1 to April, the total profit of the mining industry amounted to 111 billion 10 million yuan, down 35.2% from the same period last year. The total profit of the manufacturing industry was 1 trillion and 26 billion 950 million yuan, a decrease of 26.8%, and the total profit of electricity, heat, gas and water production and supply reached 121 billion 830 million yuan, or 24.3%.

From 1 to April, in 41 industrial sectors, the total profits of 5 industries increased year by year, and 36 industries decreased. The profit of the main industries is as follows: the total profit of the tobacco industry increased by 22.6% compared with the same period last year, the growth of the agricultural and sideline products processing industry increased by 20%, the computer, telecommunications and other electronic equipment manufacturing industry increased by 15%, the ferrous metal smelting and rolling processing industry decreased by 60.4%, the oil and natural gas extraction industry dropped by 56.4%, the automobile manufacturing industry decreased by 52.1%, and the chemical raw materials and chemical products manufacturing industry decreased by 48%. The non-ferrous metal smelting and calendering processing industry dropped by 40.3%, the coal mining and washing industry dropped by 27%, the electricity and heat production and supply industry dropped by 27%, the electrical machinery and equipment manufacturing industry dropped by 22.9%, the textile industry decreased by 19.8%, the non-metallic mineral products industry dropped 19.7%, the general equipment manufacturing industry decreased by 17.6%, the special equipment manufacturing industry dropped by 3.1%, and the petroleum, coal and other fuel processing industries were reduced. From the same period profits to losses.

From 1 to April, the operating income of Industrial Enterprises above Designated Size reached 28 trillion and 310 billion yuan, down 9.9% from the same period last year. The operating cost was 24 trillion and 40 billion yuan, a decrease of 9.1%, and the operating profit margin was 4.45%, down 1.07 percentage points compared with the same period last year.

At the end of 4, assets of Industrial Enterprises above Designated Size totaled 117 trillion and 690 billion yuan, up 6.3% over the same period last year; liabilities totaled 66 trillion and 800 billion yuan, an increase of 6.2%; owners' equity totaled 50 trillion and 890 billion yuan, an increase of 6.4%; and asset liability ratio was 56.8%, unchanged from the same period last year.

By the end of 4, accounts receivable of Industrial Enterprises above Designated Size reached 14 trillion and 430 billion yuan, an increase of 9.9% over the same period last year, and inventories of finished goods were 4 trillion and 427 billion 720 million yuan, up 10.6%.

From 1 to April, the cost of industrial revenue per 100 yuan for industrial enterprises above designated size was 84.91 yuan, an increase of 0.69 yuan compared with the same period last year, and the cost per 100 yuan business income was 9.23 yuan, an increase of 0.36 yuan compared with the same period last year.

At the end of 4, the operating income of Industrial Enterprises above 100 yuan per 100 yuan reached 73 yuan, a decrease of 13.1 yuan compared with the same period last year, and the per capita operating income was 1 million 198 thousand yuan, a decrease of 74 thousand yuan compared with the same period last year. The turnover of finished goods inventory was 21.7 days, an increase of 3.8 days compared with that of the previous year; the average payback period of accounts receivable was 59.8 days, up 11.2 days from the same period.

In April, the total profit of Industrial Enterprises above Designated Size reached 478 billion 140 million yuan, down 4.3% from the same period last year, a drop of 30.6 percentage points lower than that in March.