Income from investment increased sharply by 3.2% in July.

The financial data of industrial enterprises released by the National Bureau of Statistics on August 27 show that in July 2019, the total profits of Industrial Enterprises above the national scale increased by 2.6% compared with the same period last year, and fell by 3.1% in June. Affected by asset disposal earnings and the fall in crude oil prices, the profit of the petroleum processing industry decreased by 28.1% year on year, but the decline was 49.3 percentage points narrower than that in June. Affected by the substantial increase in investment earnings, the profit of the chemical industry increased by 3.2% and decreased by 14.7% in June.

From January to July, the total profits of Industrial Enterprises above the national scale reached 3497.7 billion yuan, down 1.7% from the same period last year, and the decline was narrowed by 0.7 percentage points compared with January to June on-line coatingol.com. Among them, chemical raw materials and chemicals manufacturing declined by 11.6%.

From January to July, the total profits of state-owned holding enterprises in Industrial Enterprises above scale reached 108.37 billion yuan, down 8.1% from the same period last year; the total profits of joint-stock enterprises reached 25.33 billion yuan, up 0.6%; the total profits of foreign and Hong Kong, Macao and Taiwan-invested enterprises reached 850.24 billion yuan, down 6.9%; the total profits of private enterprises reached 884.4 billion yuan. 910 million yuan, an increase of 7.0%.

From January to July, the total profits of mining industry reached 335.44 billion yuan, an increase of 4.2%, the total profits of manufacturing industry reached 2877.37 billion yuan, a decrease of 34%, and the total profits of power, heat, gas and water production and supply industry reached 284.89 billion yuan, an increase of 10.6%.

In 41 industries, the total profit of 29 industries increased year-on-year, while 12 industries decreased. From January to July, the profits of major industries were as follows: the total profits of electrical machinery and equipment manufacturing industry increased 15.6%, that of special equipment manufacturing industry increased 14.3%, that of oil and gas mining industry increased 12.9%, that of power, thermal production and supply industry increased 12.2%, that of non-metallic mineral products industry increased 10.8%, and that of non-ferrous metals smelting and calendering industry increased 12.8%. The processing industry grew by 6.0%, the general equipment manufacturing industry by 5.1%, the agricultural and sideline food processing industry by 0.9%, the textile industry by 0.1%, the petroleum, coal and other fuel processing industry by 50.6%, the ferrous metal smelting and calendering industry by 25.1%, the automobile industry by 23.2%, and the chemical raw materials and chemicals industry by 11.6%. Manufacturing of computers, telecommunications and other electronic equipment fell by 6.3% and coal mining and washing by 3.8%. According to the data from January to July, the business income of Industrial Enterprises above the scale reached 59.58 trillion yuan, an increase of 4.9% over the same period of last year; the operating cost was 50.27 trillion yuan, an increase of 5.2%; the profit rate of business income was 5.87%, a decrease of 0.39 percentage points over the same period of last year. At the end of July, the assets of Industrial Enterprises above scale totaled 114.75 trillion yuan, an increase of 5.9% over the same period of last year; the liabilities totaled 65.16 trillion yuan, an increase of 4.9%; the owner's equity totaled 49.59 trillion yuan, an increase of 7.1%; the ratio of assets and liabilities was 56.8%, a decrease of 0.5 percentage points over the same period of last year. At the end of July, the receivables of bills and accounts receivable of Industrial Enterprises above the scale increased by 3.1% compared with the same period of last year, and the inventory of finished products increased by 2.3% to 4.251.85 billion yuan.

In January-July, the cost of operating income of Industrial Enterprises above scale was 84.38 yuan per 100 yuan, an increase of 0.24 yuan over the same period of last year, and the cost of operating income was 8.64 yuan per 100 yuan, an increase of 0.20 yuan over the same period of last year. At the end of July, the business income realized by industrial enterprises above the scale of 100 yuan assets was 91.0 yuan, down 1.1 yuan from the same period of last year; the per capita business income was 1357 thousand yuan, up 115 thousand yuan from the same period of last year; the turnover days of finished products were 17.2 days, down 0.2 days from the same period of last year; the average recovery period of notes receivable and accounts receivable was 54.2 days, up from the same period of last year. Add 1.1 days.