Profits of industrial enterprises above designated size turn from decline to increase in April
Profits of industrial enterprises above designated size turn from decline to increase in April
Profit of industrial enterprises above designated size turned from decline to increase in April
-Yu Weining, statistician of the Industrial Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises
In April, with the implementation of the macro combination of policies in detail, the effect continues to show, market demand continues to warm up, industrial production rebound to good, industrial enterprises above designated size benefit continued to recover, showing the following main features:
Industrial enterprise profit of the month from decline to increase. in April, the national industrial enterprise profit above designated size from March year-on-year decline of 3.5% to an increase of 4.0%, the growth rate rebounded by 7.5 percentage points, the enterprise profit of the month improved significantly. from January to April, the profit of the industrial enterprises on the regulation of the year-on-year growth of 4.3%, the growth rate with the same as in January-March The rate of growth was the same as that of January-March, and continued to maintain steady growth.
Industrial enterprise revenue growth accelerated. As market demand continues to recover, industrial production growth accelerated, the decline in factory prices narrowed, the level of production and marketing to improve, together to promote the improvement of corporate revenue. 1-4 months, industrial enterprises operating income rose 2.6% year-on-year, the growth rate of 0.3 percentage points faster than 1-3 months. From the month, April industrial enterprises operating income from March year-on-year decline of 1.2% to growth of 3.3%, the growth rate rebounded by 4.5 percentage points, a larger rebound, a strong drive to improve corporate earnings.
More than 70% of the industry profit growth. 1-4 months, in the 41 major categories of industry, there are 31 industries profit year-on-year growth, accounting for 75.6%, industry growth than 1-3 months to expand 7.3 percentage points. In terms of sub-categories, the mining industry was affected by falling coal prices and reduced production, with profits down 18.6% year-on-year, a decline of 0.1 percentage points from January to March. Manufacturing profits increased by 8.0%, accelerating the growth rate by 0.1 percentage points. Electricity, heat, gas and water production and supply industry profit growth of 36.9%, the continuation of rapid growth. Among them, the electric power industry benefited from the lower cost of coal, power generation growth, profit growth of 44.1%; gas industry profits fell 0.4%.
Equipment manufacturing industry continues to play a supporting role. Manufacturing high-end, intelligent, green in-depth, new quality productivity cultivation and growth, superimposed on large-scale equipment renewal policy effect gradually appeared, together to promote the equipment manufacturing industry profit to maintain faster growth. 1-4 months, equipment manufacturing industry profit growth of 16.3% year-on-year growth rate of 12.0 percentage points higher than all of the industrial sector, pulling the industrial sector profit growth of 4.7 percentage points, is the first time in the industry. 4.7 percentage points, is the largest contributor to the industry sector, industrial profit growth continues to play an important supporting role. Sub-industry, the electronics industry by smart phones, integrated circuits, LCD panels and other products demand release, faster growth in production driven by profit growth of 75.8%; rail ships and aerospace transportation equipment industry by the rapid growth of shipbuilding orders, product value-added factors such as increased profit growth of 40.7%; automotive industry production and sales have maintained a faster level of growth in profit growth of 29.0%.
Consumer goods manufacturing industry profit growth accelerated. Benefit from the market demand has improved, industrial exports accelerated significantly and other favorable factors, consumer goods manufacturing profit growth accelerated. 1-4 months, consumer goods manufacturing profit rose 12.0% year-on-year, the rate of growth than 1-3 months accelerated by 1.1 percentage points, of which the month of April profit growth of 15.9%, the rebound trend is obvious, and continue to push the on-board industrial profit improvement, the automotive industry production and sales have maintained a faster growth level, profit growth of 29.0%. Continuing to boost the regulation of industrial profit improvement. Sub-industry, 13 consumer goods manufacturing industry profit growth, chemical fiber, paper industry profit growth of 1.81 times, 1.55 times, literature, education, industry and the United States, furniture, printing, textiles, leather shoes, food manufacturing industry profit growth of 13.8% -34.6%.
Overall, 1-4 months of industrial enterprise profits on a steady recovery, but we also need to see, the domestic effective demand is still insufficient, the external environment is still complex and severe, industrial enterprises still need to consolidate the foundation of the recovery of efficiency. In the next stage, we should resolutely implement the CPC Central Committee and the State Council decision-making and deployment, leaning forward to effectively implement the macro-policies that have been identified, accelerate the development of new productivity, promote industrial upgrading, focus on expanding effective demand, help enterprises to alleviate difficulties, consolidate and enhance the industrial economy rebound to the good trend, and continue to promote the high-quality development of the industrial economy.
