1—8月份全国规模以上工业企业利润增长0.9%

Core Insights - In the first eight months of the year, the total profit of industrial enterprises above designated size in China reached 46,929.7 billion yuan, a year-on-year increase of 0.9% [1] - State-owned enterprises reported a total profit of 15,156.5 billion yuan, a decline of 1.7% year-on-year, while private enterprises saw a profit increase of 3.3% to 13,076.1 billion yuan [1] Industry Performance - The mining industry experienced a significant profit decline of 30.6%, totaling 5,661.1 billion yuan, while the manufacturing sector's profits grew by 7.4% to 35,233.5 billion yuan [1] - The electricity, heat, gas, and water production and supply industry reported a profit increase of 9.4%, amounting to 6,035.1 billion yuan [1] - Key industries with notable profit growth include electricity and heat production (13.0%), non-ferrous metal smelting (12.7%), and agricultural product processing (11.8%) [2] - Conversely, the coal mining and washing industry saw a drastic profit decline of 53.6% [2] Financial Metrics - The total operating revenue for industrial enterprises was 89.62 trillion yuan, reflecting a year-on-year growth of 2.3%, while operating costs increased by 2.5% to 76.70 trillion yuan [2] - The operating profit margin was recorded at 5.24%, a decrease of 0.06 percentage points year-on-year [2] - As of the end of August, total assets of industrial enterprises amounted to 185.08 trillion yuan, a 5.0% increase year-on-year, with total liabilities reaching 107.34 trillion yuan, up 5.4% [2] - The accounts receivable stood at 27.24 trillion yuan, showing a year-on-year growth of 6.6% [3]