国家统计局工业司首席统计师于卫宁分析，营业收入当月增速连续两个月加快，为企业盈利持续恢复创 造有利条件。 数据显示，1-9月份，规模以上工业企业营业收入同比增长2.4%，较1-8月份加快0.1个百分点。其中，9 月份营业收入增长2.7%，较8月份加快0.8个百分点。 随着更加积极有为的宏观政策落地见效，叠加低基数效应影响，规模以上工业企业利润增速继续回升。 国家统计局10月27日发布的数据显示，1-9月份，规模以上工业企业利润同比增长3.2%，为去年8月份以 来各月累计最高增速；较1-8月份加快2.3个百分点，呈现加快恢复态势。 其中9月份，规模以上工业企业利润同比增长21.6%，较8月份加快1.2个百分点。 国家金融与发展实验室特聘高级研究员庞溟对第一财经记者表示，工业企业利润表现亮眼，9月单月同 比增幅达到21.6%，显示出制造业在政策支持和市场需求回暖的双重推动下，经营状况持续改善，盈利 能力显著增强。 企业效益方面，1-9月份，规模以上工业企业营业收入利润率为5.26%，同比提高0.04个百分点；其中， 9月份规模以上工业企业营业收入利润率为5.49%，同比提高0.85个百分点，已连续两个月提高。 前 ...

北京商报讯（记者 和岳）10月27日，国家统计局发布数据显示，今年前9个月，全国规模以上工业企业 实现利润总额53732亿元，同比增长3.2%。其中，国有控股企业实现利润总额17021.8亿元，同比下降 0.3%；股份制企业实现利润总额39923.5亿元，增长2.8%；外商及港澳台投资企业实现利润总额13509.7 亿元，增长4.9%；私营企业实现利润总额15131.7亿元，增长5.1%。 今年前9个月，规模以上工业企业实现营业收入102.08万亿元，同比增长2.4%；发生营业成本87.34万亿 元，增长2.6%；营业收入利润率为5.26%，同比提高0.04个百分点。规模以上工业企业每百元营业收入 中的成本为85.56元，同比增加0.18元；每百元营业收入中的费用为8.36元，同比减少0.16元。 ...

Core Insights - In the first seven months of the year, the total profit of industrial enterprises above designated size in China reached 40,203.5 billion yuan, a year-on-year decrease of 1.7% [1] - The profit of the petroleum and natural gas extraction industry fell by 12.6%, while the chemical raw materials and chemical products manufacturing industry saw a decline of 8.0% [1] - State-owned enterprises reported a profit of 12,823.4 billion yuan, down 7.5%, while private enterprises experienced a profit increase of 1.8% to 11,183.7 billion yuan [1] Industry Performance - The mining industry suffered a significant profit drop of 31.6%, while the manufacturing sector achieved a profit growth of 4.8% [1] - The electricity, heat, gas, and water production and supply industry reported a profit increase of 3.9% [1] - Key industries such as agricultural and sideline food processing saw a profit increase of 14.5%, and electrical machinery and equipment manufacturing grew by 11.7% [2] Financial Metrics - The total operating revenue for industrial enterprises was 78.07 trillion yuan, reflecting a year-on-year growth of 2.3%, with operating costs rising by 2.5% to 66.80 trillion yuan [2] - The operating profit margin decreased by 0.21 percentage points to 5.15% [2] - As of the end of July, total assets of industrial enterprises amounted to 183.67 trillion yuan, a 4.9% increase year-on-year, while total liabilities grew by 5.1% to 106.26 trillion yuan [2] Accounts and Inventory - Accounts receivable reached 26.84 trillion yuan, up 6.8%, and finished goods inventory was 6.67 trillion yuan, increasing by 2.4% [3] - The cost per 100 yuan of operating revenue was 85.57 yuan, an increase of 0.24 yuan year-on-year [3] - The average collection period for accounts receivable extended to 69.8 days, an increase of 3.7 days compared to the previous year [3] Monthly Trends - In July, the profit of industrial enterprises decreased by 1.5% year-on-year [4]

Core Insights - In the first half of the year, the total profit of industrial enterprises above designated size in China reached 34,365 billion yuan, a year-on-year decrease of 1.8% [1] - The mining industry saw a significant profit decline of 30.3%, while the manufacturing sector experienced a profit increase of 4.5% [1] - The electricity, heat, gas, and water production and supply industry reported a profit growth of 3.3% [1] Profit by Industry - The black metal smelting and rolling industry had a remarkable profit increase of 1,370%, while the agricultural and sideline food processing industry grew by 22.8% [1] - Other notable profit growths included electrical machinery and equipment manufacturing (13%), non-ferrous metal smelting and rolling (7.8%), and general equipment manufacturing (6.5%) [1] Revenue and Profit Margin - In the first half of the year, the operating revenue of industrial enterprises was 66.78 trillion yuan, a year-on-year increase of 2.5%, while operating costs rose by 2.8% to 57.12 trillion yuan [2] - The operating profit margin was 5.15%, a decrease of 0.22 percentage points year-on-year [2] Accounts Receivable - As of the end of June, accounts receivable for industrial enterprises stood at 26.69 trillion yuan, reflecting a year-on-year growth of 7.8% [3] - The growth rate of accounts receivable has been declining for four consecutive months, indicating potential improvements in payment processes for small and medium-sized enterprises [3] Equipment Manufacturing Sector - The equipment manufacturing sector showed rapid revenue and profit growth, with a revenue increase of 7% and profit growth of 9.6% in June [4] - The automotive industry experienced a profit surge of 96.8%, driven by promotional activities and investment returns [4] Policy Impact on Profitability - The expansion of "two new" policies and subsidies has led to significant profit improvements in related industries [5] - Industries such as medical equipment manufacturing and general parts manufacturing saw profit increases of 12.1% and 9.5%, respectively [5] - The implementation of replacement policies for consumer goods has also positively impacted profits in sectors like smart drones and home appliances [5]

Core Insights - In the first five months of the year, profits of large-scale industrial enterprises increased by 603.4 billion yuan compared to the previous four months, but saw a year-on-year decline of 1.1% due to insufficient effective demand, falling industrial product prices, and short-term fluctuations [1][3] - The cumulative profit of large-scale industrial enterprises showed a recovery trend, with a year-on-year increase of 0.8% in January-March and 1.4% in April [3] - The overall revenue of large-scale industrial enterprises reached 54.76 trillion yuan, a year-on-year increase of 2.7%, while operating costs rose by 3% to 46.88 trillion yuan, resulting in a profit margin of 4.97%, down by 0.19 percentage points year-on-year [4] Profit Composition - The profit composition indicates that investment income and other short-term factors from the previous year had a high base, which dragged down the profit growth rate by 1.7 percentage points [1] - The gross profit of large-scale industrial enterprises increased by 1.1% year-on-year, contributing to a 3 percentage point increase in overall profits [4] Sector Performance - In terms of sector performance, the mining industry saw a profit decline of 29% to 358.04 billion yuan, while the manufacturing sector's profits increased by 5.4% to 20,201.4 billion yuan, and the electricity, heat, gas, and water production and supply sector grew by 3.7% to 3,422.5 billion yuan [3][5] - Notably, the agricultural and food processing industry experienced a profit increase of 38.2%, while the automotive manufacturing sector faced a significant decline of 11.9% [5] Equipment Manufacturing - The equipment manufacturing sector demonstrated strong performance, with profits increasing by 7.2%, contributing 2.4 percentage points to the overall profit growth of large-scale industries [5] - Among the eight industries within equipment manufacturing, seven reported profit growth, with electronics, electrical machinery, and general equipment showing double-digit growth rates [5] High-Quality Development - The aerospace, aviation, and maritime industries experienced a remarkable profit increase of 56% due to rapid development in the "three aviation" sectors [6] - Policies promoting equipment upgrades and consumer goods replacement have positively impacted profits in related sectors, with significant growth in smart consumer devices and kitchen appliances [6] Future Outlook - The focus for the next phase will be on implementing proactive macro policies to strengthen domestic circulation, enhance innovation, and promote high-quality industrial development, laying a solid foundation for the recovery of industrial enterprise profits [6]