According to data released by the      National Bureau of Statistics on the 27th, from January to August, the total profits of industrial enterprises above the national scale reached 4.65273 trillion yuan, an increase of 0.5 percent over the same period last year. Of this total, the total profits of the oil and natural gas mining industry totaled 269.98 billion yuan, up 3.9 percent; the total profits of the chemical raw materials and chemical products manufacturing industry totaled 266.26 billion yuan, up 0.6 percent over the same period last year; and the oil, coal and other fuel processing industries lost 22.39 billion yuan.

From January to August, the operating income of the oil and natural gas mining industry was 821.53 billion yuan, up 7.7 percent from the same period last year; the operating income of the chemical raw materials and chemical products manufacturing industry was 5.93748 trillion yuan, up 5.3 percent from the same period last year; and the operating income of the oil, coal and other fuel processing industry was 3.91673 trillion yuan, up 1.0 percent from the same period last year.

     from January to August, among industrial enterprises above scale, the total profits of state-controlled enterprises totaled 1.54906 trillion yuan, down 1.3 percent from the same period last year; joint-stock enterprises made 3.44303 trillion yuan, down 1.3 percent; foreign investors and enterprises invested in Hong Kong, Macao and Taiwan made profits of 1.1777 trillion yuan, up 6.9 percent; and private enterprises realized profits of 1.26483 trillion yuan, up 2.6 percent.

     from January to August, the total profits of the mining industry totaled 813.28 billion yuan, down 9.2 percent from the same period last year; the total profits of the manufacturing industry totaled 3.29672 trillion yuan, up 1.1 percent; and the total profits of the power, heat, gas and water production and supply industries totaled 542.73 billion yuan, up 14.7 percent.

The profits of the main industries in      from January to August are as follows: profits in the non-ferrous metal smelting and Calendering industry increased by 64.2% over the same period last year, computer, communications and other electronic equipment manufacturing increased by 22.1%, agricultural and non-staple food processing industry grew by 18.2%, power, thermal production and supply increased by 16.7%, textile industry grew by 14.7%, and oil and gas mining industry grew by 3.9%. The automobile manufacturing industry grew by 3.0%, the general equipment manufacturing industry by 2.2%, the chemical raw materials and chemical products manufacturing industry by 0.6%, the special equipment manufacturing industry by 6.0%, the electrical machinery and equipment industry by 11.2%, the coal mining and washing industry by 20.9%, and the non-metallic mineral products industry by 50.9%. The oil, coal and other fuel processing industries, ferrous metal smelting and Calendering processing industries have changed from profit to loss compared with the same period last year.

From January to August of     , industrial enterprises above scale achieved operating income of 87.1 trillion yuan, an increase of 2.4% over the same period last year; operating costs of 74.38 trillion yuan, up 2.6%; and profit margins of operating income of 5.34%, down 0.10% from the same period last year.

At the end of     , the assets of industrial enterprises above scale totaled 173.71 trillion yuan, up 4.8 percent from the same period last year; liabilities totaled 100.11 trillion yuan, up 4.6 percent; owners' equity totaled 73.6 trillion yuan, up 5.2 percent; and the asset-liability ratio was 57.6 percent, down 0.2 percent from the same period last year.

At the end of     , accounts receivable of industrial enterprises above scale was 25.5 trillion yuan, an increase of 8.4% over the same period last year, and inventory of finished goods was 6.53 trillion yuan, an increase of 5.1%.  

From January to August, the cost of industrial enterprises above scale was 85.39 yuan per 100 yuan of operating income, an increase of 0.19 yuan over the same period last year, and the cost of every 100 yuan of operating income was 8.41 yuan, an increase of 0.04 yuan over the same period last year.  

At the end of     , the operating income of industrial enterprises above 100 yuan in assets was 76.50 yuan, down 2.40 yuan from the same period last year; the per capita operating income was 1.8 million yuan, an increase of 73000 yuan over the same period last year; the turnover of inventory of finished goods was 20.4 days, an increase of 0.3 days over the same period last year; and the average payback period of accounts receivable was 66.8 days, an increase of 3.7 days over the same period last year.

     was affected by factors such as a high base in the same period last year, with profits of industrial enterprises above scale falling 17.8 per cent in August compared with the same period last year. Source: Sinochem New Network