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[Industrial profit] From January to February 2026, the total profit of industrial enterprises above designated size in China increased by 15.2% year-on-year2026/3/27 9:48:37(Beijing Time) Lange Steel

According to data from the National Bureau of Statistics, from January to February 2026, the total profit of industrial enterprises above designated size nationwide will be 1,024.56 billion yuan, a year-on-year increase of 15.2%. From January to February, among the industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 366.56 billion yuan, a year-on-year increase of 5.3%; the total profit of joint-stock enterprises was 803.29 billion yuan, an increase of 22.1%; The total profit of foreign-invested enterprises and enterprises invested in Hong Kong, Macao and Taiwan was 216.75 billion yuan, down 3.8%; The total profit of private enterprises was 284.45 billion yuan, an increase of 37.2%.

From January to February, the mining industry achieved a total profit of 155.61 billion yuan, a year-on-year increase of 9.9%; the total profit of the manufacturing industry was 732.15 billion yuan, an increase of 18.9%; The total profit of electricity, heat, gas and water production and supply was 136.80 billion yuan, an increase of 3.7%. From January to February, the profits of the main industries were as follows: the profit of computer, communication and other electronic equipment manufacturing increased by 2.0 times year-on-year, the non-ferrous metal smelting and rolling processing industry increased by 1.5 times, the chemical raw materials and chemical products manufacturing industry increased by 35.9%, the non-metallic mineral products industry increased by 16.2%, the textile industry increased by 12.6%, the agricultural and sideline food processing industry increased by 8.0%, the electrical machinery and equipment manufacturing industry increased by 6.2%, and the coal mining and washing industry increased by 4.5%. The special equipment manufacturing industry increased by 4.3%, the general equipment manufacturing industry increased by 3.6%, the electricity, heat production and supply industry increased by 3.4%, the oil, coal and other fuel processing industry turned from a loss to a profit, the oil and gas extraction industry fell by 16.8%, the automobile manufacturing industry fell by 30.2%, and the ferrous metal smelting and rolling processing industry increased its loss.

From January to February, industrial enterprises above designated size achieved operating income of 20.84 trillion yuan, a year-on-year increase of 5.3%; operating costs were 17.68 trillion yuan, an increase of 5.0%; the operating income profit margin was 4.92%, up 0.43 percentage points year-on-year. At the end of February, the assets of industrial enterprises above designated size totaled 188.40 trillion yuan, a year-on-year increase of 5.5%; the total liabilities were 108.59 trillion yuan, an increase of 5.8%; the total owner's equity was 79.82 trillion yuan, an increase of 5.1%; the asset-liability ratio was 57.6%, up 0.1 percentage points year-on-year. At the end of February, the accounts receivable of industrial enterprises above designated size were 26.55 trillion yuan, a year-on-year increase of 7.1%; the inventory of finished products was 6.68 trillion yuan, an increase of 6.6%.

From January to February, the cost per 100 yuan of operating income of industrial enterprises above designated size was 84.83 yuan, a year-on-year decrease of 0.24 yuan, and the cost per 100 yuan of operating income was 8.66 yuan, an increase of 0.02 yuan year-on-year. At the end of February, the operating income of industrial enterprises above designated size per 100 yuan of assets was 66.4 yuan, a year-on-year decrease of 0.1 yuan, the per capita operating income was 1.749 million yuan, an increase of 95,000 yuan year-on-year, the inventory turnover days of finished products were 22.7 days, an increase of 0.4 days year-on-year, and the average recovery period of accounts receivable was 76.4 days, an increase of 1.3 days year-on-year.

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