National Bureau of Statistics: The profits of China's industrial enterprises above designated size increased by 0.1% from January to November 2025.

According to data from the National Bureau of Statistics, from January to November, the total profits of industrial enterprises above designated size in China reached 6.62686 trillion yuan, a year-on-year increase of 0.1%. From January to November, among industrial enterprises above designated size, the total profits of state-owned enterprises were 2.00836 trillion yuan, a decrease of 1.6% year-on-year; the total profits of shareholding enterprises were 4.95656 trillion yuan, a decrease of 0.4%; the total profits of foreign-invested enterprises were 1.63553 trillion yuan, an increase of 2.4%; and the total profits of private enterprises were 1.93199 trillion yuan, a decrease of 0.1%. From January to November, the mining industry realized a total profit of 789.63 billion yuan, a year-on-year decrease of 27.2%; the manufacturing industry realized a total profit of 5.03179 trillion yuan, an increase of 5.0%; and the electricity, heat, gas and water production and supply industry realized a total profit of 805.44 billion yuan, an increase of 8.4%. In November, the profits of major industries were as follows: the profits of computer, communication and other electronic equipment manufacturing industry increased by 15.0% year-on-year, electricity, heat production and supply industry grew by 11.8%, non-ferrous metal smelting and rolling processing industry grew by 11.1%, automobile manufacturing industry grew by 7.5%, agricultural and sideline food processing industry grew by 4.8%, general equipment manufacturing industry grew by 4.8%, special equipment manufacturing industry grew by 4.6%, electrical machinery and equipment manufacturing industry grew by 4.2%, petroleum, coal and other fuel processing industries decreased, non-metallic mineral products industry decreased by 4.6%, chemical raw materials and chemical products manufacturing industry decreased by 6.9%, textile industry decreased by 8.2%, petroleum and natural gas extraction industry decreased by 13.6%, and coal mining and washing industry decreased by 47.3%. From January to November, industrial enterprises above designated size achieved operating income of 125.34 trillion yuan, a year-on-year increase of 1.6%; operating costs of 107.17 trillion yuan, an increase of 1.8%; and the operating income profit margin was 5.29%, a decrease of 0.08 percentage points year-on-year. At the end of November, the total assets of industrial enterprises above designated size were 189.28 trillion yuan, an increase of 4.8% year-on-year; total liabilities were 109.96 trillion yuan, an increase of 5.0%; total owner's equity was 79.32 trillion yuan, an increase of 4.5%; and the asset-liability ratio was 58.1%, an increase of 0.1 percentage point year-on-year. At the end of November, the accounts receivable of industrial enterprises above designated size were 28.40 trillion yuan, an increase of 5.5% year-on-year; finished goods inventory was 6.92 trillion yuan, an increase of 4.6%. From January to November, the cost per hundred yuan of operating income for industrial enterprises above designated size was 85.50 yuan, an increase of 0.18 yuan year-on-year; the expenses per hundred yuan of operating income were 8.39 yuan, a decrease of 0.06 yuan. At the end of November, the operating income per hundred yuan of assets for industrial enterprises above designated size was 74.4 yuan, a decrease of 2.4 yuan year-on-year; the per capita operating income was 186,500 yuan, an increase of 57,000 yuan year-on-year; the inventory turnover days were 20.5 days, an increase of 0.6 days year-on-year; and the average accounts receivable collection period was 70.4 days, an increase of 3.7 days year-on-year. In November, the profits of industrial enterprises above designated size decreased by 13.1% year-on-year. This article is compiled from the National Bureau of Statistics. Editor: Li Junlin.