In 2023, among industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 2,262.31 billion yuan, down 3.4 percent from the previous year; The total profit of joint-stock enterprises was 5.67730 trillion yuan, down 1.2%; The total profit of enterprises invested by foreign investors and those from Hong Kong, Macao and Taiwan reached 1,977.51 billion yuan, down 6.7%; The total profits of private enterprises reached 2,433.76 billion yuan, up by 2.0 percent. In 2023, the total profit of the mining industry was 1,239.24 billion yuan, down 19.7 percent from the previous year; The total profit of the manufacturing industry was 5,764.36 billion yuan, down by 2.0%; The total profit of the production and supply of electricity, heat, gas and water reached 682.23 billion yuan, an increase of 54.7%. In 2023, the profits of the main industries are as follows: The total profit of ferrous metal smelting and rolling processing industry increased by 157.3% over the previous year; the electricity and heat production and supply industry increased by 71.9%; the non-ferrous metal smelting and rolling processing industry increased by 28.0%; the petroleum, coal and other fuel processing industry increased by 26.9%; and the electrical machinery and equipment manufacturing industry increased by 15.7%. The general equipment manufacturing industry increased by 10.3%, the automobile manufacturing industry increased by 5.9%, the textile industry increased by 5.9%, the special equipment manufacturing industry decreased by 0.4%, the computer, communications and other electronic equipment manufacturing decreased by 8.6%, the agricultural and sideline food processing industry decreased by 11.0%, and the oil and gas extraction industry decreased by 16.0%. The non-metallic mineral products industry decreased by 23.9%, the coal mining and washing industry decreased by 25.3%, and the chemical raw materials and chemical products manufacturing industry decreased by 34.1%.
In 2023, the operating income of industrial enterprises above designated size will reach 133.44 trillion yuan, an increase of 1.1 percent over the previous year. Incurred operating costs were 113.10 trillion yuan, up 1.2%; The operating income profit margin was 5.76%, down 0.20 percentage points from the previous year. By the end of 2023, the assets of industrial enterprises above designated size totaled 167.36 trillion yuan, an increase of 6.0 percent over the previous year; Total debt was 95.57 trillion yuan, up 5.9%; The total owners' equity was 71.79 trillion yuan, up by 6.2%; The asset-liability ratio was 57.1 percent, down 0.1 percentage points from the previous year. By the end of 2023, the accounts receivable of industrial enterprises above designated size were 23.72 trillion yuan, an increase of 7.6 percent over the previous year; Finished goods inventories were 6.14 trillion yuan, up 2.1%. In 2023, the cost per 100 yuan of operating income of industrial enterprises above designated size will be 84.76 yuan, 0.04 yuan more than the previous year; The expense per 100 yuan of operating revenue was 8.56 yuan, an increase of 0.20 yuan over the previous year. By the end of 2023, the operating income of industrial enterprises above designated size per 100 yuan of assets was 82.4 yuan, 4.9 yuan lower than the previous year; The per capita operating income was 1.815 million yuan, an increase of 59,000 yuan over the previous year; The turnover days of finished goods inventory was 19.3 days, an increase of 0.9 days over the previous year; The average collection period of accounts receivable was 60.6 days, an increase of 4.4 days over the previous year. In December, profits of industrial enterprises above designated size increased by 16.8 per cent year on year.
