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From January to March, industrial enterprises above the designated size reported a total profit of 1.174 trillion yuan, reflecting a 12.1% year-on-year increase. This marks a significant improvement compared to the 5.1 percentage point growth seen in the first two months of the year. Specifically, in March alone, the profit reached 464.9 billion yuan, up by 5.3% from the same period last year.
During this period, state-owned and state-controlled enterprises generated 341.2 billion yuan in profit, an increase of 7.6% year-on-year. Collective enterprises saw a 7.5% rise in profits, reaching 17.8 billion yuan. Joint-stock enterprises recorded a profit of 684.3 billion yuan, growing by 12.9%. Foreign-invested enterprises in Hong Kong, Macao, and Taiwan, along with companies investing from overseas, earned 268.8 billion yuan, up 7.1%, while private enterprises achieved a profit of 375.7 billion yuan, rising by a strong 17.8%.
Out of the 41 industrial sectors, 29 sectors experienced profit growth compared to the same period last year, while nine sectors saw a decline. Two sectors transitioned from losses to profitability, and one sector significantly reduced its losses. Key industries showed varying levels of performance: the agricultural and non-staple food processing industry saw a 9.9% increase, chemical raw materials and products manufacturing rose by 7.2%, and the ferrous metal smelting and rolling industry surged by 3.3 times. General equipment manufacturing increased by 8.5%, automobile manufacturing by 10.6%, and electrical machinery and equipment manufacturing by 7%. The computer, communications, and other electronic equipment manufacturing sector witnessed a sharp 36.8% growth. Meanwhile, electricity and heat production and supply saw a remarkable 90.5% increase, while oil and natural gas extraction declined by 4.5%. The processing, coking, and nuclear fuel processing industries also moved from losses to profits.
In terms of revenue, industrial enterprises above the designated size achieved 2.2264 trillion yuan in main business income, up 11.9% year-on-year. The cost per 100 yuan of main business income stood at 85.01 yuan, with a profit margin of 5.28%.
State-owned and state-controlled enterprises reported main business income of 5.877 trillion yuan, a 4.9% increase 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, up 10.4%, with a cost of 84.92 yuan per 100 yuan of revenue and a profit margin of 6.53%. Joint-stock enterprises generated 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 achieved 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 recorded 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 reached 8.2877 trillion yuan, up 14.9% year-on-year. Finished goods inventory totaled 3.0772 trillion yuan, an 8.8% increase compared to the same period last year.
**Note:**
1. **Explanation of indicators:**
- **Total profit**: The overall earnings after deducting all operating expenses, reflecting the net profit or loss during the reporting period.
- **Main business revenue**: The total income generated from the company’s primary operations.
- **Accounts Receivable**: The amount owed by customers or service recipients due to sales or services provided.
- **Finished goods inventory**: Completed products ready for 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:**
Starting from 2011, the threshold for defining "industrial enterprises above designated size" was raised from an annual main business revenue of 5 million yuan to 20 million yuan.
3. **Data collection:**
Monthly financial reports are collected through a full-scale survey (data from January is not available).
4. **Industry classification standards:**
Since 2012, the National Bureau of Statistics has adopted a new economic classification standard (GB/T 4754-2011), adjusting the number of major industries from 39 to 41.