China National Bureau of Statistics on Wednesday (September 27)The release data shows that the profit realization of industrial enterprises above designated size in August increased from a decrease to a decrease of 17.2%year -on -year. This is the first time that the profit of the month has been growing for the first time since the second half of last year, which further indicates that China's economy may be stabilizing.
According to the data released by the China Bureau of Statistics, from January to August, the total profit of industrial enterprises above designated size of the country was 4655.82 billion yuan (RMB, the same below, about 880 billion yuan), a year -on -year decrease of 11.7%, a decrease of decrease, a decreaseIt narrowed 3.8 percentage points from January to July.
Yu Weining analyzed by the Statistical Department of the Chinese Department of Statistics that, as a series of promoting the recovery of macroeconomics rising to the good policy effect continued to appear, the industrial production in August has steadily rebounded, and the return of corporate profits has accelerated significantly.
Yu Weining pointed out that with the steady recovery of industrial production and the improvement of production and sales connection, the revenue of industrial enterprises has gradually improved.From January to August, the operating income of industrial enterprises above designated size decreased by 0.3%year -on -year, a narrowing of 0.2 percentage points from January to July.Among them, in August, corporate operating income increased for the first time after three consecutive months of decline, and changed from 1.4%year -on -year to an increase of 0.8%from July, which created favorable conditions for the increase in profits to increase.
Yu Weining also said that since this year, the profit decline in industrial enterprises has narrowed monthly.From January to August, the profit of industrial enterprises decreased by 11.7%year -on -year, and the decline was narrowed by 3.8 percentage points from January to July, and the rise was significantly accelerated.Among them, in August, the profit of industrial enterprises increased by 17.2%year -on -year. Since the second half of last year, industrial enterprises have achieved positive growth for the first time in the month.The decline in the price of industrial products has narrowed significantly for two consecutive months. After three consecutive months of corporate revenue, the first growth of corporate revenue has increased for the first time, which has driven the profit of industrial enterprises from a decline to increase, and the benefit recovery is obvious.
In addition, the profits of the three large -scale categories have improved, and more than 70 % of the industry's profits have rebounded.From January to August, the profit of mining industry decreased by 20.5%year -on -year, a narrowing of 0.5 percentage points from January to July; the profit of manufacturing decreased by 13.7%, a narrowing of 4.7 percentage points;The profit increased by 40.4%, the growth rate accelerated by 2.4 percentage points.From the perspective of the branch industry, among the 41 industrial industries, the profit growth of 30 industries has accelerated, the decline is narrowed, the decline has increased, and the industry improves by over 70 %.
From the perspective of specific industries, the profit growth of equipment manufacturing has accelerated.Industrial new kinetic energy continues to grow, new energy vehicles, lithium -ion batteries, photovoltaic equipment, EMU and other products have increased rapidly, and the development momentum of equipment manufacturing has continued to increase.The decline in the profit of the raw material manufacturing industry has narrowed significantly.With the gradual recovery of downstream demand, the price of some commodities continued to rise, and the profits of the raw material industry improved significantly.The profit of consumer goods manufacturing has continued to improve.The effect of expanding domestic demand and promoting consumer policies has continued to appear, the consumer goods market has accelerated the recovery, and the profit of consumer goods manufacturing has continued to improve.
With the decline in the cost of enterprise units, the profit margin of operating income has increased.Recently, the factory prices of some industrial products have continued to rise, driving the improvement of corporate revenue. The raw materials are purchased in the early stage. The price is relatively low, promoting the decline in the cost of enterprise units, and the expansion of profit margins.In August, the cost of industrial enterprises per 100 yuan per 100 yuan was 84.86 yuan, a decrease of 0.87 yuan year -on -year, and a month -on -month decrease of 0.29 yuan.Increased 1.15 percentage points, the corporate profitability improved significantly.
