2025年1—7月份全国规模以上工业企业利润下降1.7%

Core Insights - The total profit of industrial enterprises above designated size in China for the first seven months of 2025 reached 40,203.5 billion yuan, a year-on-year decrease of 1.7% [1][10] - The profit performance varied significantly across different types of enterprises, with state-owned enterprises experiencing a decline of 7.5%, while foreign and private enterprises saw growth of 1.8% [1][10] - The mining industry faced a substantial profit drop of 31.6%, while the manufacturing sector reported a profit increase of 4.8% [1][10] Summary by Category Profit Performance - In the first seven months, state-owned enterprises achieved a profit of 12,823.4 billion yuan, down 7.5% year-on-year [1][10] - Joint-stock enterprises reported a profit of 29,742.5 billion yuan, a decrease of 2.8% [1][10] - Foreign and Hong Kong, Macao, and Taiwan-invested enterprises made a profit of 10,216.7 billion yuan, up 1.8% [1][10] - Private enterprises recorded a profit of 11,183.7 billion yuan, also up 1.8% [1][10] Industry Breakdown - The mining industry generated a profit of 4,930.9 billion yuan, down 31.6% [1][10] - The manufacturing sector's profit totaled 30,235.8 billion yuan, reflecting a growth of 4.8% [1][10] - The electricity, heat, gas, and water production and supply industry achieved a profit of 5,036.8 billion yuan, an increase of 3.9% [1][10] Revenue and Costs - The total operating revenue for industrial enterprises above designated size was 78.07 trillion yuan, a year-on-year increase of 2.3% [2][10] - Operating costs amounted to 66.80 trillion yuan, up 2.5% [2][10] - The operating profit margin was 5.15%, a decrease of 0.21 percentage points year-on-year [2][10] Financial Ratios - As of the end of July, total assets of these enterprises reached 183.67 trillion yuan, a year-on-year growth of 4.9% [2][10] - Total liabilities were 106.26 trillion yuan, increasing by 5.1% [2][10] - The equity totaled 77.41 trillion yuan, up 4.6% [2][10] - The asset-liability ratio stood at 57.9%, an increase of 0.2 percentage points year-on-year [2][10] Accounts Receivable and Inventory - Accounts receivable amounted to 26.84 trillion yuan, a year-on-year increase of 6.8% [3][10] - Finished goods inventory was 6.67 trillion yuan, up 2.4% [3][10] - The average collection period for accounts receivable was 69.8 days, an increase of 3.7 days year-on-year [3][10]