National Bureau of Statistics: Profit of industrial enterprises above the national scale increased by 17.6% from January to July 2026

The Zhitong Finance App learned that on August 27, data from the National Bureau of Statistics showed that in January-July, industrial enterprises above the national scale achieved a total profit of 4582.06 billion yuan, an increase of 17.6% over the previous year. From January to July, among industrial enterprises above scale, state-owned enterprises achieved total profit of 1491.89 billion yuan, an increase of 16.3%; joint-stock enterprises achieved total profit of 3549.40 billion yuan, an increase of 23.6%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 1013.78 billion yuan, an increase of 1.2%; and private enterprises achieved total profit of 1135.22 billion yuan, an increase of 10.9%.

The original text is as follows:

Profit of industrial enterprises above the national scale increased by 17.6% from January to July 2026

From January to July, industrial enterprises above the national scale achieved a total profit of 4582.06 billion yuan, an increase of 17.6% over the previous year (based on a comparable scale, see Note 2 for details).

From January to July, among industrial enterprises above scale, state-owned enterprises achieved total profit of 1491.89 billion yuan, an increase of 16.3%; joint-stock enterprises achieved total profit of 3549.40 billion yuan, an increase of 23.6%; foreign and Hong Kong, Macao and Taiwan investors achieved total profit of 1013.78 billion yuan, an increase of 1.2%; and private enterprises achieved total profit of 1135.22 billion yuan, an increase of 10.9%.

From January to July, the mining industry achieved a total profit of 666.05 billion yuan, an increase of 34.9% over the previous year; the manufacturing industry achieved a total profit of 3437.60 billion yuan, an increase of 18.8%; and the electricity, heat, gas and water production and supply industry achieved a total profit of 478.42 billion yuan, a decrease of 5.8%.

From January to July, the profit situation of major industries was as follows: profits in the computer, communications and other electronic equipment manufacturing industry increased 1.1 times year on year, the non-ferrous metal smelting and rolling processing industry increased 91.8%, the chemical raw materials and chemical products manufacturing industry grew 56.6%, the coal mining and washing industry grew 50.4%, the textile industry grew by 7.9%, the general equipment manufacturing industry grew by 1.4%, the special equipment manufacturing industry grew 0.8%, the electrical machinery and equipment manufacturing industry fell 7.6%, and the electricity, heat production and supply industry fell 8.0%. The agricultural and sideline food processing industry declined by 12.3%, the automobile manufacturing industry by 20.4%, the non-metallic mineral products industry by 48.2%, the ferrous metal smelting and rolling processing industry by 51.2%, and the petroleum, coal and other fuel processing industries changed from losses to profits.

From January to July, large-scale industrial enterprises achieved operating income of 80.92 trillion yuan, an increase of 6.5%; operating costs of 68.79 trillion yuan, an increase of 5.9%; and the profit margin on operating income was 5.66%, an increase of 0.54 percentage points over the previous year.

At the end of July, the total assets of large-scale industrial enterprises were 195.76 trillion yuan, up 6.4% year on year; total liabilities were 114.33 trillion yuan, up 7.1%; total owners' equity was 81.43 trillion yuan, up 5.5%; and the balance ratio was 58.4%, up 0.3 percentage points year on year.

At the end of July, accounts receivable from large-scale industrial enterprises were 28.88 trillion yuan, an increase of 8.5% over the previous year; inventory of finished products was 7.27 trillion yuan, an increase of 10.8%.

From January to July, the cost per 100 yuan of operating income for large-scale industrial enterprises was 85.00 yuan, a year-on-year decrease of 0.47 yuan; the cost per 100 yuan operating income was 8.41 yuan, a decrease of 0.09 yuan over the previous year.

At the end of July, the operating income achieved by large-scale industrial enterprises per 100 yuan of assets was 72.2 yuan, an increase of 0.3 yuan over the previous year; per capita operating income was 1.913 million yuan, an increase of 125,000 yuan over the previous year; the number of inventory turnover days for finished products was 21.3 days, an increase of 0.6 days; and the average payback period for accounts receivable was 71.9 days, an increase of 0.9 days over the previous year.

In July, the profits of large-scale industrial enterprises increased 11.2% year-on-year.

This article was compiled from the official website of the “National Bureau of Statistics”, Zhitong Finance Editor: Feng Qiuyi.