Explanation of the National Bureau of Statistics: From January to September, the profits of industrial enterprises fell above the nominal size year after year, and the high-tech manufacturing industry showed the flexibility of development_Data_Macro Channel Home_Financial Network-CAIJING.COM.CN

The profits of business enterprises fell above the nominal amount year on year from January to September

The high-tech manufacturing industry highlights the flexibility of development

——Yu Weining, a statistician from the Industry Department of the National Bureau of Statistics, explains the profitability data of business enterprises

Influenced by several factors, from January to September, the profits of business enterprises above a specified size decreased year by year, but the total profits exceeded 5 trillion in particular, the profits of new kinetic energy enterprises grew on the production with rapid high-tech manufacturing, highlighting the development of the industrial economy. The company’s performance status reflects the following key features:

Several factors have contributed to the decline in the profits of business enterprises. From January to September, the total profit of industrial enterprises above the specified size across the country was 5.22816 billion yuan, an increase of 575.43 billion yuan from January to August. However, several factors affected such as insufficient effective demand, which ‘ fall in the prices of industrial products, and a significant increase in the base number for the same period from August this year, a year-on-year decrease of 3.5%. The main reasons are: First, from a price point of view, the ex-factory price of industrial products is still slow, and the decline in the industrial producer price index in September is widening, which puts more pressure on corporate income and profits; secondly, from an income point of view, the factory price index for industrial products is still low, from a cost point of view, the growth rate of corporate costs was faster than the growth rate of income, leading to a decline in corporate gross profits and insufficient support for profit growth. In addition, the sharp increase in the base number for the same period since August this year has also put pressure on the recovery of profit.

The high-tech manufacturing industry highlights flexibility. From January to September, driven by rapid growth in production, the profits of high-tech manufacturing industries increased by 6.3% year on year, 9.8 percentage points higher than the average level of business enterprises above the specified size. Among them, the profits of high equipment manufacturing industries such as spacecraft and launch vehicle manufacturing and semiconductor special equipment manufacturing increased by 17.1% and 13.2% respectively year on year; , wearable intelligent equipment manufacturing, and unmanned aerial vehicle manufacturing Growth rates were 27.5%, 25.6%, and 10.2% respectively, green manufacturing industries such as lithium-ion battery manufacturing grew 58.8%. Among other emerging industries, manufacturing of specialized instruments for navigation, surveying, meteorology and oceanography, manufacturing of sensitive components and sensors, and manufacturing of electronic circuits increased by 53.3%, 35.0%, and 33.5% respectively half, all maintaining rapid growth.

Profits in the consumer goods industry have grown steadily. With various departments and sectors firmly promoting the implementation of a series of policies to expand domestic demand and stimulate consumption, and against the background of stable international market demand, some consumer goods industries maintained rapid growth from January to September, textiles, furniture, agriculture and food on the other hand, culture, education, industry and the arts Profits of other industries increased by 11.5%, 11.0%, 6.6%, and 5.4% respectively year on year. Due to the overall stability of domestic and foreign consumer markets, from January to September, the profits of the consumer goods manufacturing industry increased by 2.4% year-on-year, which was 5.9 percentage points higher than the average level of industries business above. nominal size, driving the profit growth of business enterprises above nominal size by 0.5 percentage points.

Overall, although the profits of business enterprises above a nominal size have declined, the flexibility of new business driving forces has emerged, and as business enterprise expectations stabilize and confidence increases, Expect the benefits of business ventures to recover. In the next stage, we must implement the decisions and resolutions of the Central Party Committee and the State Council in detail, speed up the implementation of existing policies and a package of gradual policies brought recently introduced, providing a good production and operating environment for healthy development. business enterprises, and helping business enterprises to recover profits.

(Editor: Wen Jing)