The Profit of Industrial Enterprises above Designated Size from January to June in 2021

Source: National Bureau of Statistics of China / Updated: 2021-07-30
From January to June, industrial enterprises above designated size achieved a total profit of 4,218.33 billion yuan, a year-on-year increase of 66.9 percent (calculated according to comparable standards, see note II for details), an increase of 45.5 percent over January to June 2019, and an average increase of 20.6 percent over the two years.

At the end of June, the assets of industrial enterprises above designated size totaled 132.63 trillion yuan, a year-on-year increase of 9.3 percent; liabilities totaled 74.96 trillion yuan, an increase of 8.5 percent; the total owner's equity was 57.67 trillion yuan, an increase of 10.3 percent; and the asset liability ratio was 56.5 percent, a year-on-year decrease of 0.4 percentage point.

At the end of June, the accounts receivable of industrial enterprises above designated size were 17.56 trillion yuan, a year-on-year increase of 13.1 percent; and the inventory of finished products was 4.95 trillion yuan, an increase of 11.3 percent.

From January to June, the cost per 100 yuan of operating income of industrial enterprises above designated size was 83.54 yuan, a year-on-year decrease of 0.98 yuan; and the expense per 100 yuan of operating income was 8.45 yuan, a year-on-year decrease of 0.65 yuan.

At the end of June, the operating income of industrial enterprises above designated size per 100 yuan of assets was 91.4 yuan, an increase of 13.2 yuan year-on-year; the per capita operating income was 1.622 million yuan, a year-on-year increase of 345,000 yuan; the inventory turnover days of finished products were 17.4 days, a year-on-year decrease of 2.5 days; and the average recovery period of accounts receivable was 51.4 days, a year-on-year decrease of 5.9 days.