Industrial Profits Increased from January to June

Annotations:

1. Explanatory Notes:

Total Profits: refer to the final achievement of production and operation activities of the enterprises, represented by total profits after deducting losses (loss is expressed by the negative figure).

Profits from Principal Business = Revenue from principal business – Cost of principal business – Tax and extra charges of principal business – Selling expenses – Administrative expenses – Financial expenses

Revenue from Principal Business: refers to total income of enterprises gained from principal business operation.

Main Business Cost: refers to the total costs of enterprises incurred by principal business operation.

Receivable Accounts: refers to the funds received by enterprises from units purchasing goods or receiving labor services through selling goods, products, proving labor services and etc.

Finished Goods: refers to manufactured products which are ready for sale by the end of report period.

Main Business Income Margin = Total profits / Revenue from principal business × 100%, unit: %.

Costs of Revenue from Principal Business for per Hundred yuan = The cost of revenue from principal business / The revenue from principal business ×100, unit: yuan.

Main Business Income Brought by per Hundred yuan Assets = Main business income / Average assets × 12 ÷ The cumulative number of months × 100, unit: yuan.

Turnover Days of Finished Goods = 360 × Average finished goods / Main business cost ÷ 12 × The cumulative number of months, unit: days.

2. Statistical Coverage

Since 2011, enterprises above designated size refers to all industrial enterprises with revenue from principal business over 20 million yuan (the former is 5 million yuan).

3. Data Collection

Since 2011, the Financial Report of Enterprises Above Designated Size conducts complete survey by month (the data on January are not required to report).

4. Standard Industrial Classification

Since 2012, the new Industrial Classification for National Economic Activities (GB/T 4754-2011) was implemented by NBS, the industrial divisions were expanded to 41 from 39, please refer to http://www.stats.gov.cn/tjsj/tjbz/hyflbz.

(Source: National Statistics Bureau website)