The Zhitong Finance App learned that on October 27, data from the National Bureau of Statistics showed that from January to September, industrial enterprises above the national scale achieved a total profit of 6033.74 billion yuan, an increase of 15.5% over the previous year (on a comparable scale). From January to September, among industrial enterprises above scale, state-owned enterprises achieved total profit of 1939.55 billion yuan, an increase of 13.1% over the previous year; joint-stock enterprises achieved total profit of 4672.76 billion yuan, an increase of 20.8%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 1337.14 billion yuan, an increase of 0.5%; and private enterprises achieved total profit of 1509.13 billion yuan, an increase of 8.7%.
The original text is as follows:
Profit of industrial enterprises above the national scale increased by 15.5% from January to September 2026
From January to September, industrial enterprises above the national scale achieved a total profit of 6033.74 billion yuan, an increase of 15.5% over the previous year (based on a comparable scale, see Note 2 for details).
From January to September, among industrial enterprises above scale, state-owned enterprises achieved total profit of 1939.55 billion yuan, an increase of 13.1% over the previous year; joint-stock enterprises achieved total profit of 4672.76 billion yuan, an increase of 20.8%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 1337.14 billion yuan, an increase of 0.5%; and private enterprises achieved total profit of 1509.13 billion yuan, an increase of 8.7%.
From January to September, the mining industry achieved a total profit of 881.37 billion yuan, an increase of 38.2% over the previous year; the manufacturing industry achieved a total profit of 4573.80 billion yuan, an increase of 17.0%; and the electricity, heat, gas and water production and supply industry achieved a total profit of 578.56 billion yuan, a decrease of 14.3%.
From January to September, the profit situation of major industries was as follows: the profit of the computer, communications and other electronic equipment manufacturing industry increased 103.8% year on year, the non-ferrous metal smelting and rolling processing industry increased 79.7%, the coal mining and washing industry increased 57.0%, the chemical raw materials and chemical products manufacturing industry grew 49.2%, the general equipment manufacturing industry grew 1.9%, and the agricultural and sideline food processing industry fell 17.3%. The electricity, heat production and supply industry declined by 17.9%, the automobile manufacturing industry by 22.8%, the non-metallic mineral products industry by 46.9%, the ferrous metal smelting and rolling processing industry by 73.3%, and the petroleum, coal and other fuel processing industries turned profits from losses.
From January to September, large-scale industrial enterprises achieved operating income of 106.21 trillion yuan, an increase of 6.6% year on year; operating costs of 90.30 trillion yuan, an increase of 6.1%; and the profit margin on operating income was 5.68%, an increase of 0.44 percentage points over the previous year.
At the end of September, the total assets of large-scale industrial enterprises were 199.1 trillion yuan, up 6.7% year on year; total liabilities were 116.61 trillion yuan, up 7.4%; total owners' equity was 82.49 trillion yuan, up 5.6%; and the balance ratio was 58.6%, up 0.4 percentage points year on year.
At the end of September, accounts receivable from large-scale industrial enterprises were 29.77 trillion yuan, an increase of 10.0% over the previous year; inventory of finished products was 7.37 trillion yuan, an increase of 11.6%.
From January to September, the cost per 100 yuan of operating income for large-scale industrial enterprises was 85.02 yuan, a year-on-year decrease of 0.45 yuan; the cost per 100 yuan operating income was 8.35 yuan, a year-on-year decrease of 0.13 yuan.
At the end of September, the operating income achieved by large-scale industrial enterprises per 100 yuan of assets was 73.1 yuan, an increase of 0.4 yuan over the previous year; per capita operating income was 1,946,000 yuan, an increase of 127,000 yuan over the previous year; the number of inventory turnover days for finished products was 21.0 days, an increase of 0.6 days over the previous year; and the average payback period for accounts receivable was 71.6 days, an increase of 1.3 days over the previous year.
In September, the profits of large-scale industrial enterprises increased by 14.4% year-on-year.
This article was compiled from the official website of the “National Bureau of Statistics”, Zhitong Finance Editor: Feng Qiuyi.