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From January to March, industrial enterprises above the designated size achieved a profit of 11.74 trillion yuan, marking a 12.1% year-on-year increase. This represents a 5.1 percentage point rise compared to the first two months of the year. In March alone, profits reached 464.9 billion yuan, up 5.3% from the same period last year.
State-owned and state-controlled enterprises reported profits of 341.2 billion yuan during this period, rising by 7.6% year on year. Collective enterprises saw a 7.5% increase, reaching 17.8 billion yuan in profits. Joint-stock enterprises recorded 684.3 billion yuan in profits, a 12.9% growth. Foreign-invested enterprises in Hong Kong, Macao, and Taiwan, along with corporate investment companies, earned 268.8 billion yuan, up 7.1%, while private companies generated 375.7 billion yuan in profits, an impressive 17.8% increase.
Out of the 41 industrial sectors, 29 experienced profit growth compared to the same period last year, while nine saw declines. Two industries transitioned from losses to profitability, and one reduced its losses significantly. Major industries showed varied performance: the agricultural and non-staple food processing industry grew by 9.9%, chemical raw materials and products manufacturing rose 7.2%, and the ferrous metal smelting and rolling industry surged by 3.3 times. General equipment manufacturing increased by 8.5%, automotive manufacturing by 10.6%, and electrical machinery and equipment manufacturing by 7%. The computer, communications, and other electronic equipment manufacturing sector jumped 36.8%, while electricity and heat production and supply soared by 90.5%. Meanwhile, the oil and natural gas extraction industry faced a 4.5% decline, but processing, coking, and nuclear fuel processing industries turned from losses to profits.
Industrial enterprises above the designated size generated 22.264 trillion yuan in main business revenue, a 11.9% increase year on year. The cost per 100 yuan of main business income was 85.01 yuan, with a profit margin of 5.28%.
State-owned and state-controlled enterprises had a main business revenue of 5.877 trillion yuan, up 4.9% from the previous year. Their cost per 100 yuan of revenue was 81.83 yuan, with a profit margin of 5.81%. Collective enterprises saw 272 billion yuan in revenue, growing by 10.4%, with a cost of 84.92 yuan per 100 yuan of revenue and a profit margin of 6.53%. Joint-stock enterprises achieved 12.9555 trillion yuan in revenue, a 14% increase, with a cost of 84.75 yuan per 100 yuan of revenue and a profit margin of 5.28%. Foreign-invested enterprises generated 5.4067 trillion yuan in revenue, up 8%, with a cost of 86.3 yuan per 100 yuan of revenue and a profit margin of 4.97%. Private enterprises reported 7.0021 trillion yuan in revenue, up 18.4%, with a cost of 86.11 yuan per 100 yuan of revenue and a profit margin of 5.37%.
At the end of March, accounts receivable for industrial enterprises above the designated size stood at 8.2877 trillion yuan, up 14.9% year on year. Finished goods inventory reached 3.0772 trillion yuan, an 8.8% increase compared to the same period last year.
Note:
1. **Explanation of indicators**:
- **Total profit** refers to the company's earnings after deducting all operating expenses, reflecting the total profit or loss during the reporting period.
- **Main business revenue** is the total income derived from the company’s primary operations.
- **Accounts receivable** is the amount a company expects to collect from customers or service recipients due to sales or services provided.
- **Finished goods inventory** refers to completed products that are ready for external sale at the end of the reporting period.
- **Cost per 100 yuan of main business revenue** = (main business cost / main business revenue) × 100.
- **Main business revenue profit margin** = (total profit / main business revenue) × 100%.
2. **Scope of statistics**:
Since 2011, the threshold for industrial enterprises above the designated size has been raised from an annual main business revenue of 5 million yuan to 20 million yuan.
3. **Data collection**:
Monthly financial status reports for industrial enterprises above the designated size are conducted through a full-scale survey (data from January is free).
4. **Industry classification standards**:
Since 2012, the National Bureau of Statistics has adopted a new economic classification standard (GB/T 4754-2011), increasing the number of major industries from 39 to 41.