National Bureau of Statistics: From January to July 2026, profits of large-scale industrial enterprises nationwide increased by 17.6%.

As of August 27, the National Bureau of Statistics has reported that from January to July, the profits of industrial enterprises above designated size nationwide totaled 45,820.6 billion yuan, an increase of 17.6% year-on-year. During the same period, among industrial enterprises above designated size, state-controlled enterprises achieved total profits of 14,918.9 billion yuan, a year-on-year increase of 16.3%; shareholding enterprises achieved total profits of 35,494.0 billion yuan, an increase of 23.6%; enterprises with foreign and Hong Kong, Macao, and Taiwan investments achieved total profits of 10,137.8 billion yuan, a growth of 1.2%; and private enterprises achieved total profits of 11,352.2 billion yuan, an increase of 10.9%. From January to July, the mining industry achieved total profits of 6,660.5 billion yuan, a year-on-year increase of 34.9%; the manufacturing industry achieved total profits of 34,376.0 billion yuan, increasing by 18.8%; the electricity, heat, gas, and water production and supply industry reported total profits of 4,784.2 billion yuan, a decline of 5.8%. From January to July, the profit situation in major industries is as follows: the computer, communication, and other electronic equipment manufacturing industry saw profits increase by 1.1 times year-on-year; the non-ferrous metal smelting and rolling processing industry increased by 91.8%; the chemical raw materials and chemical product manufacturing industry grew by 56.6%; coal mining and washing industry grew by 50.4%; oil and gas extraction industry grew by 15.4%; the textile industry grew by 7.9%; the general equipment manufacturing industry grew by 1.4%; the special equipment manufacturing industry increased by 0.8%; the electrical machinery and equipment manufacturing industry decreased by 7.6%; the electricity and thermal production and supply industry decreased by 8.0%; the food processing industry decreased by 12.3%; the automobile manufacturing industry decreased by 20.4%; the non-metallic mineral products industry decreased by 48.2%; and the ferrous metal smelting and rolling processing industry decreased by 51.2%. The oil, coal, and other fuel processing industry turned from loss to profit. From January to July, industrial enterprises above designated size achieved operating income of 80.92 trillion yuan, an increase of 6.5%; operating costs amounted to 68.79 trillion yuan, an increase of 5.9%; and the operating income profit margin was 5.66%, up 0.54 percentage points year-on-year. At the end of July, total assets of industrial enterprises above designated size reached 195.76 trillion yuan, a year-on-year increase of 6.4%; total liabilities amounted to 114.33 trillion yuan, up 7.1%; total owner's equity reached 81.43 trillion yuan, increasing by 5.5%; and the debt-to-asset ratio was 58.4%, an increase of 0.3 percentage points year-on-year. At the end of July, accounts receivable for industrial enterprises above designated size stood at 28.88 trillion yuan, an increase of 8.5% year-on-year; finished goods inventory was 7.27 trillion yuan, growing by 10.8%. From January to July, the cost for every 100 yuan of operating income among industrial enterprises above designated size was 85.00 yuan, a year-on-year decrease of 0.47 yuan; expenses for every 100 yuan of operating income were 8.41 yuan, a year-on-year decrease of 0.09 yuan. At the end of July, operating income generated per 100 yuan of assets for industrial enterprises above designated size was 72.2 yuan, an increase of 0.3 yuan year-on-year; per capita operating income was 1.913 million yuan, an increase of 125,000 yuan year-on-year; the inventory turnover days for finished goods were 21.3 days, an increase of 0.6 days year-on-year; and the average collection period for accounts receivable was 71.9 days, an increase of 0.9 days year-on-year. In July, the profits of industrial enterprises above designated size grew by 11.2% year-on-year. This article is compiled from the official website of the National Bureau of Statistics, edited by Feng Qiuyi.