China leather and feathers industries see slight drop in revenue of 2022

06 février 2023

According to data from National Bureau of Statistics (NBS), the enterprises above designated size in leather, fur, feathers and their products and footwear manufacturing achieved the sales revenue of1.3399 billion Yuanin2022, witnesses a decline of 0.4 percent year on year, but the profit sees 3.3% growth year on year to 61.44 billion yuan. [The Profit of Industrial Enterprises above Designated Size in ...- www.stats.gov.cn]

 

 

In 2022, industrial enterprises above designated size achieved a total profit of 8,403.85 billion yuan, a decrease of 4.0 percent over the previous year (calculated according to comparable standards, see note II for details).

 

In 2022, among industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 2,379.23 billion yuan, an increase of 3.0 percent over the previous year; joint stock enterprises realized a total profit of 6,161.09 billion yuan, a decrease of 2.7 percent; the total profits of foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan reached 2,003.96 billion yuan, a decrease of 9.5 percent; the total profits of private enterprises reached 2,663.84 billion yuan, a decrease of 7.2 percent.

 

In 2022, the mining industry realized a total profit of 1,557.36 billion yuan, an increase of 48.6 percent over the previous year; the total profit of the manufacturing industry was 6,415.02 billion yuan, a decrease of 13.4 percent; the total profit of power, heat, gas and water production and supply industry was 431.47 billion yuan, up 41.8 percent.

 

In 2022, among the 41 major industrial industries, 21 industries' total profits increased over the previous year, 19 industries decreased, and 1 industry changed from loss to profit. The profits of the main industries are as follows: the total profits of the oil and gas exploitation industry increased by 1.10 times over the previous year, power and heat production and supply industry increased by 86.3 percent, the coal exploitation and washing industry increased by 44.3 percent, electrical machinery and equipment manufacturing industry increased by 31.2 percent, special equipment manufacturing industry increased by 3.4 percent, automobile manufacturing industry increased by 0.6 percent, general equipment manufacturing industry increased by 0.4 percent, agricultural and sideline food processing industry increased by 0.2 percent, the chemical raw materials and chemical products manufacturing industry decreased by 8.7 percent, computer, communication and other electronic equipment manufacturing industry decreased by 13.1 percent, non-metallic mineral products industry decreased by 15.5 percent, the non-ferrous metal smelting and processing industry decreased by 16.1 percent, textile industry decreased by 17.8 percent, the petroleum, coal and other fuel processing industry decreased by 82.8 times, and the ferrous metal smelting and processing industry decreased by 91.3 percent.

 

In 2022, industrial enterprises above designated size achieved an operating revenue of 137.91 trillion yuan, an increase of 5.9 percent over the previous year; the operating cost was 116.84 trillion yuan, an increase of 7.1 percent; the profit margin of operating income was 6.09 percent, a decrease of 0.64 percentage point over the previous year.

 

At the end of 2022, the assets of industrial enterprises above designated size totaled 156.12 trillion yuan, an increase of 8.2 percent over the previous year; liabilities totaled 88.30 trillion yuan, an increase of 8.6 percent; the total owner's equity was 67.82 trillion yuan, an increase of 7.6 percent; the asset liability ratio was 56.6 percent, up 0.3 percentage point from the previous year.

 

At the end of 2022, the accounts receivable of industrial enterprises above designated size were 21.65 trillion yuan, an increase of 12.3 percent over the previous year; the inventory of finished products was 6.04 trillion yuan, an increase of 9.9 percent.

 

In 2022, the cost per 100 yuan of operating income of industrial enterprises above designated size was 84.72 yuan, an increase of 0.91 yuan over the previous year; the expense per 100 yuan of operating income was 8.20 yuan, a decrease of 0.42 yuan over the previous year.

 

At the end of 2022, the operating income of industrial enterprises above designated size per 100 yuan of assets was 92.4 yuan, a decrease of 2.9 yuan over the previous year; the per capita operating income was 1.827 million yuan, an increase of 134,000 yuan over the previous year; the inventory turnover days of finished products were 17.6 days, an increase of 0.9 day over the previous year; the average recovery period of accounts receivable was 52.8 days, an increase of 3.5 days over the previous year.

 


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