Hottest Statistics Bureau interprets industrial en

2022-08-17
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The National Bureau of statistics interprets the profit data of industrial enterprises in August: production and demand have recovered stably

China news, September 27 (Xinhua) -- the National Bureau of statistics released the profit data of industrial enterprises on September 27. Zhu Hong, Senior Statistician of the industrial department of the National Bureau of statistics, interprets that in August, For the cold and hot shock test, the original microcomputer large LCD (320*240dots) Chinese and English display control system has been adopted. Since 2000, the profits of Industrial Enterprises above Designated Size nationwide have increased by 19.1% year-on-year, continuing the steady growth trend. From January to August, the cumulative profit decreased by 4.4% year-on-year, 3.7 percentage points narrower than that in January and July. In August, the steady recovery of industrial enterprises' profits was further consolidated. However, it should be noted that the growth rate of industrial enterprises' operating income and profits in January and August has not yet turned positive, and the growth rate of accounts receivable has continued to rise. At the same time, the domestic and international environment is complex and volatile, and the sustained and stable growth of enterprise profits is still facing certain pressure

data map: factory workshop. Zhang Lang, China news service, said that the profit growth in August showed the following characteristics: first, production and demand recovered steadily. In terms of production, in August, the added value of industries above designated size increased by 5.6% year-on-year, 0.8 percentage points faster than that in July. In terms of demand, the cumulative decline in national fixed asset investment further narrowed and basically recovered to the same period last year; The growth rate of total retail sales of social consumer goods in the current month became positive for the first time in the year. The continuous improvement of production and demand has promoted the sales growth of industrial enterprises. In August, the industrial producer price index continued to rise, and the operating income of industrial enterprises increased by 4.9% year-on-year, 1.6 percentage points faster than that in July. The expansion of enterprise production scale strongly supported the stable growth of profits

second, the unit cost continued to decline, and the profitability of enterprises improved. A package of tax cuts and fee reductions and other policies to help enterprises continued to work effectively. In August, the cost per 100 yuan of operating income of Industrial Enterprises above designated size decreased by 0.47 yuan year-on-year, and the cost per 100 yuan of operating income decreased by 0.02 yuan year-on-year. While the pressure of enterprise operation has been continuously relieved, the profitability of enterprises has improved significantly. In August, the profit margin of operating income of Industrial Enterprises above designated size increased by 0.8 percentage points year-on-year, which has increased year-on-year for four consecutive months

third, the profits of the mining industry have been significantly repaired, and the profits of the raw material manufacturing industry have accelerated. In August, the internal supply and demand cycle of industry was improved, and the continuous recovery of downstream industries enhanced the driving effect of upstream industries. Among them, benefiting from the recovery of demand and the continuous recovery of the prices of international bulk commodities such as crude oil and iron ore, the profits of the mining industry have been significantly repaired, and the profit growth of the raw material manufacturing industry has accelerated. In August, the profit of the mining industry fell by 11.9% year-on-year, 28.7 percentage points lower than that in July. The profit of raw material manufacturing industry increased by 32.5%, 17.8 percentage points faster than that in July, driving the profit of industries above Designated Size to increase by 6.7 percentage points. From the perspective of specific industries, due to the improvement of downstream demand, the rebound of product prices, and the low base in the same period, the profit growth of oil processing, steel and other industries can provide customers with faster measurement data. In August, the profit of the petroleum processing industry increased by 148.2% year-on-year, 101.6 percentage points faster than that in July, and the accumulated profit achieved profit for the first time in the year; The profit of the steel industry increased by 68.3%, accelerating by 46.2 percentage points

fourth, the profits of equipment manufacturing industry maintained rapid growth. In August, the profit of equipment manufacturing industry increased by 23.1% year-on-year, driving the profit growth of all industrial enterprises above Designated Size by 8.1 percentage points. Among them, the profit of general equipment manufacturing industry increased by 37.0% year-on-year, and that of electrical machinery and equipment manufacturing industry increased by 13.3%, 11.0 and 5.2 percentage points higher than that in July respectively; The profits of special equipment, electronics, instrumentation and other three industries continued to grow by double digits; Affected by the decline of production growth rate and the reduction of investment income, the growth rate of automobile manufacturing industry fell slightly compared with that in July, but it still maintained a rapid growth of 55.8%, significantly higher than the industrial average

fifth, the amount of losses of enterprises decreased, and the loss area decreased month by month. With the further improvement of business conditions, the number of loss making enterprises continued to decrease, and the amount of losses fell sharply. In August, the loss of loss making enterprises fell sharply by 37.0% year-on-year. At the end of August, the loss ratio of Industrial Enterprises above Designated Size narrowed by 1.2 percentage points compared with that at the end of July, continuing to shrink month by month

Zhu Hong pointed out that the steady recovery trend of industrial enterprises' profits in August was further consolidated, but it should be noted that the growth rate of industrial enterprises' operating income and profits in January and August has not been positive, and the growth rate of accounts receivable has continued to rise. At the same time, the domestic and international environment is complex and volatile, and the continuous and stable growth of enterprise profits is still facing certain pressure. In the next stage, we should adhere to the supply side structural reform as the main line, further tap the potential of domestic demand, stimulate the vitality of market players, strive to smooth the supply and demand cycle, constantly consolidate and expand the achievements of economic recovery, and promote the steady improvement of the quality of industrial economic development

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