国家统计局：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 2025, the total profit of large-scale industrial enterprises in China reached 46,929.7 billion yuan, reflecting a year-on-year growth of 0.9% [1][13] - In August 2025, profits of large-scale industrial enterprises rebounded significantly, showing a year-on-year increase of 20.4%, reversing a decline of 1.5% in July [11][13] Summary by Category Overall Profit Performance - The profit of large-scale industrial enterprises turned from a decline of 1.7% in the first seven months to a growth of 0.9% in the first eight months of 2025, marking a significant recovery since May [13] - The manufacturing sector saw a profit increase of 7.4%, while the electricity, heat, gas, and water production and supply sector grew by 9.4%. The mining sector, however, experienced a profit decline of 30.6% [13][14] Profit by Ownership Type - State-owned enterprises reported a total profit of 15,156.5 billion yuan, down 1.7% year-on-year; joint-stock enterprises saw a profit of 34,931.9 billion yuan, up 1.1%; foreign and Hong Kong, Macao, and Taiwan-invested enterprises achieved a profit of 11,723.6 billion yuan, up 0.9%; private enterprises reported a profit of 13,076.1 billion yuan, up 3.3% [3][7] Sector-Specific Performance - The mining industry recorded a profit of 5,661.1 billion yuan, down 30.6%; the manufacturing sector achieved a profit of 35,233.5 billion yuan, up 7.4%; and the electricity, heat, gas, and water production and supply sector reported a profit of 6,035.1 billion yuan, up 9.4% [5][7] - Notable growth was observed in the equipment manufacturing sector, which contributed significantly to the overall profit increase, with a 7.2% rise in profits [14][15] Revenue and Cost Analysis - Total operating revenue for large-scale industrial enterprises reached 896,231.9 billion yuan, a year-on-year increase of 2.3%, while operating costs were 766,960.8 billion yuan, up 2.5% [7][10] - The profit margin for large-scale industrial enterprises was 5.24%, a slight decrease of 0.06 percentage points year-on-year [10] Financial Health Indicators - As of the end of August, total assets of large-scale industrial enterprises amounted to 185.08 trillion yuan, a year-on-year increase of 5.0%, while total liabilities reached 107.34 trillion yuan, up 5.4% [9] - The average accounts receivable increased by 6.6% year-on-year, totaling 27.24 trillion yuan, and the inventory of finished goods rose by 2.3% to 6.73 trillion yuan [9]