In January and February, the total profit of large-scale industrial enterprises nationwide reached 1.02456 trillion yuan, an increase of 15.2% compared to the same period last year (calculated using comparable standards). In January and February, among large-scale industrial enterprises, state-owned enterprises achieved a total profit of 366.56 billion yuan, an increase of 5.3% year-on-year; joint-stock enterprises achieved a total profit of 803.29 billion yuan, an increase of 22.1%; foreign-invested and Hong Kong, Macao, and Taiwan-invested enterprises achieved a total profit of 216.75 billion yuan, a decrease of 3.8%; and private enterprises achieved a total profit of 284.45 billion yuan, an increase of 37.2%.
In January and February, the total profit of the mining industry was 155.61 billion yuan, an increase of 9.9% year-on-year. The coal mining and washing industry achieved a total profit of 53.13 billion yuan, an increase of 4.5% year-on-year.
In January and February, large-scale industrial enterprises achieved revenue of 20.84 trillion yuan, an increase of 5.3% year-on-year; incurred operating costs of 17.68 trillion yuan, an increase of 5.0%; and the revenue profit margin was 4.92%, an increase of 0.43 percentage points year-on-year. At the end of February, the total assets of large-scale industrial enterprises were 18.84 trillion yuan, an increase of 5.5% year-on-year; total liabilities were 10.86 trillion yuan, an increase of 5.8%; total equity was 7.98 trillion yuan, an increase of 5.1%; the debt-to-asset ratio was 57.6%, an increase of 0.1 percentage points year-on-year. At the end of February, the accounts receivable of large-scale industrial enterprises amounted to 26.55 trillion yuan, an increase of 7.1% year-on-year; finished goods inventory was 6.68 trillion yuan, an increase of 6.6%.