From January to June, industrial enterprises above designated size nationwide realized total profits of 3,947.99 billion yuan, a year-on-year increase of 18.7% (calculated on a comparable basis; see Note II for details). 

During this period, among industrial enterprises above designated size, state-controlled enterprises realized total profits of 1,307.74 billion yuan, up 17.9% year-on-year; joint-stock enterprises realized 3,044.32 billion yuan, up 24.7%; enterprises with investment from foreign countries or Hong Kong, Macao, and Taiwan realized 887.32 billion yuan, up 2.6%; and private enterprises realized 965.56 billion yuan, up 13.0%. CNC Machining Services

From January to June, the mining industry realized total profits of 574.50 billion yuan, up 33.5% year-on-year; the manufacturing industry realized 2,971.21 billion yuan, up 20.1%; and the industry for the production and supply of electricity, heat, gas, and water realized 402.27 billion yuan, down 4.2%. 

Profit performance in major industries from January to June was as follows: profits in the smelting and pressing of non-ferrous metals rose by 99.4% year-on-year; the manufacture of computer, communication, and other electronic equipment rose by 96.9%; the manufacture of raw chemical materials and chemical products rose by 67.8%; coal mining and washing rose by 41.1%; oil and gas extraction rose by 16.6%; the textile industry rose by 16.6%; the manufacture of general-purpose machinery rose by 1.5%; the manufacture of special-purpose machinery fell by 0.1%; the production and supply of electricity and heat fell by 6.2%; the manufacture of electrical machinery and equipment fell by 8.6%; the processing of agricultural and sideline food fell by 12.0%; the manufacture of automobiles fell by 19.5%; the smelting and pressing of ferrous metals fell by 25.0%; the manufacture of non-metallic mineral products fell by 47.8%; and the processing of petroleum, coal, and other fuels shifted from loss to profit. From January to June, industrial enterprises above designated size achieved operating revenue of 69.26 trillion yuan, a year-on-year increase of 6.5%; incurred operating costs of 58.80 trillion yuan, up 5.9%; and recorded a profit margin on operating revenue of 5.70%, up 0.59 percentage points year-on-year.

At the end of June, the total assets of industrial enterprises above designated size stood at 194.60 trillion yuan, up 6.1% year-on-year; total liabilities were 113.52 trillion yuan, up 6.6%; and total owners' equity was 81.08 trillion yuan, up 5.4%. The asset-liability ratio was 58.3%, up 0.3 percentage points year-on-year.CNC Machining Services

At the end of June, accounts receivable for industrial enterprises above designated size totaled 28.60 trillion yuan, up 8.1% year-on-year, while the inventory of finished goods stood at 7.11 trillion yuan, up 9.5%.

From January to June, the cost per 100 yuan of operating revenue for industrial enterprises above designated size was 84.89 yuan, a year-on-year decrease of 0.55 yuan; expenses per 100 yuan of operating revenue were 8.45 yuan, a decrease of 0.06 yuan.

At the end of June, operating revenue generated per 100 yuan of assets was 72.3 yuan, up 0.5 yuan year-on-year; operating revenue per capita was 1.913 million yuan, up 0.127 million yuan; the turnover days for finished goods inventory was 21.1 days, an increase of 0.4 days; and the average collection period for accounts receivable was 71.7 days, an increase of 0.8 days.

In June, the profits of industrial enterprises above designated size increased by 15.1% year-on-year.