国家统计局：1-11月份电力、热力生产和供应业增长11.8%

Core Insights - The total profit of industrial enterprises above designated size in China reached 66,268.6 billion yuan from January to November, showing a year-on-year increase of 0.1% [1] - The profit performance varied across different types of enterprises, with state-owned enterprises experiencing a decline of 1.6%, while foreign and Hong Kong, Macao, and Taiwan-invested enterprises saw a growth of 2.4% [1] - The mining industry faced a significant profit drop of 27.2%, while the manufacturing sector reported a profit increase of 5.0% [1] Profit by Industry - The computer, communication, and other electronic equipment manufacturing industry saw a profit increase of 15.0%, while the power, heat, and gas production and supply industry grew by 11.8% [2] - The automotive manufacturing industry reported a profit growth of 7.5%, while the textile industry experienced a decline of 8.2% [2] - The coal mining and washing industry faced a dramatic profit decrease of 47.3% [2] Financial Performance - From January to November, the total operating revenue of industrial enterprises was 1,253,395.1 billion yuan, reflecting a year-on-year growth of 1.6% [2][11] - The operating costs increased by 1.8% to 1,071,672.4 billion yuan, resulting in an operating revenue profit margin of 5.29%, down by 0.08 percentage points year-on-year [2][11] - By the end of November, total assets of these enterprises reached 189.28 trillion yuan, a 4.8% increase year-on-year, while total liabilities rose by 5.0% to 109.96 trillion yuan [2] Accounts and Inventory - As of the end of November, accounts receivable amounted to 28.40 trillion yuan, up 5.5% year-on-year, and finished goods inventory was 6.92 trillion yuan, increasing by 4.6% [3] - The average collection period for accounts receivable was 70.4 days, an increase of 3.7 days year-on-year [3] Monthly Profit Trends - In November alone, the profit of industrial enterprises decreased by 13.1% year-on-year [4]