Chinanews.com, August 27. According to the website of the National Bureau of Statistics, Zhu Hong, a senior statistician at the Department of Industry of the National Bureau of Statistics, said that in July 2021, as the national economy continues to recover steadily, overall industrial production Stability, business operations continued to improve, and profits maintained steady growth.

Data map: Workers are processing products.

Photo by China News Agency reporter Wang Dongming

  The data shows that in July, the profits of industrial enterprises above designated size nationwide increased by 16.4% year-on-year, 39.2% year-on-year, and an average two-year increase of 18.0% (based on the same period in 2019, calculated using the geometric average method), compared with June Speed ​​up by 2.3 percentage points.

From January to July, the profits of industrial enterprises above designated size increased by 57.3% year-on-year, 44.6% year-on-year, and an average growth rate of 20.2% over the two years.

  Zhu Hong pointed out that the benefits of industrial enterprises in July mainly showed the following characteristics:

  First, 60% of the industry's profits have increased year-on-year, and over 70% of the industry's profits have exceeded the level before the epidemic.

In July, among 41 major industrial sectors, 25 industries achieved year-on-year profit growth (or turned losses into profits), accounting for 61.0%. Among them, 18 industries achieved double-digit profit growth or above.

Compared with the same period in 2019, 31 industries have achieved profit growth, accounting for 75.6%. Among them, 22 industries have achieved a two-year average growth rate of profit faster than in June (or from negative to positive).

  Second, the profit growth rate of the mining industry and the raw material manufacturing industry has accelerated.

In July, the profit of the mining industry and the raw material manufacturing industry increased by 2.03 times and 50.9% year-on-year respectively, and the growth rate was faster than that in June; the two-year average growth rate was 34.1% and 31.6% respectively, which was significantly higher than the average level of industrial enterprises above designated size. The leading role of growth has increased.

From an industry perspective, under the combined effects of continued improvement in market demand, overall high commodity prices, rapid growth in corporate sales, and a low base in the same period, profits in the oil and gas extraction, oil processing, coal, and chemical industries increased by 3.84 times year-on-year. , 2.16 times, 2.11 times, and 1.07 times, all speeding up compared with June.

  Third, the profit of high-tech manufacturing industry maintained rapid growth.

In July, the profit of high-tech manufacturing industry increased by 37.9% year-on-year, driving the profit of industrial enterprises above designated size by 6.2 percentage points; the two-year average growth was 37.2%, which was 5.7% faster than that in June and 19.2 percentage points higher than the average level of industrial enterprises above designated size.

Among them, driven by factors such as strong demand for new crown vaccines and anti-epidemic products, the profit of the pharmaceutical manufacturing industry increased by 1.10 times year-on-year, maintaining a rapid growth momentum; an average growth of 61.4% over the two years, an acceleration of 7.7 percentage points from June.

Driven by factors such as better market demand for communications and liquid crystal display products and increased product profit margins, the profits of the electronics and communications equipment manufacturing industry increased by 37.8% year-on-year, 5.6 percentage points faster than in June; the two-year average growth rate was 33.7%, an acceleration of 9.5 percentage points .

  Fourth, the profitability of the consumer goods manufacturing industry continued to recover.

In July, the profit of the consumer goods manufacturing industry increased by 18.6% year-on-year, continuing the steady recovery trend; the average growth rate in the two years was 17.6%, 1.3 percentage points faster than in June.

Among them, driven by factors such as the rebound of product prices and the low profit base during the same period, the profit of the chemical fiber industry increased by 3.71 times year-on-year, and the growth rate was significantly faster than last month; benefited from factors such as the gradual recovery of market demand and increased investment income, furniture, textiles, wine The profit of the beverage industry increased by 41.9%, 13.0%, and 11.2% respectively year-on-year, continuing to maintain the momentum of recovery.

  Fifth, unit expenses have kept falling, and profitability has increased year-on-year.

In July, the cost per hundred yuan of operating income of industrial enterprises above designated size decreased by 0.41 yuan year-on-year.

Since the beginning of this year, the effects of tax and fee reduction policies have continued to show, and the unit expenses of industrial enterprises have maintained a year-on-year downward trend, which is conducive to the improvement of corporate profitability.

In July, the operating income profit rate of industrial enterprises above designated size was 6.94%, an increase of 0.19 percentage points year-on-year.

  Sixth, the efficiency of capital use continued to improve, and the operating conditions improved.

At the end of July, the inventory turnover days of finished products of industrial enterprises above designated size decreased by 2.1 days year-on-year, and the average payback period of accounts receivable decreased by 4.8 days year-on-year.

The company's asset-liability ratio was 56.3%, a year-on-year decrease of 0.4 percentage point and a decrease of 0.2 percentage point from the end of June.

The loss of enterprises was 21.4%, which was 1.3 and 1.1 percentage points lower than that in June.

  Zhu Hong emphasized that on the whole, the profits of industrial enterprises above designated size maintained a steady growth trend in July, but it must be noted that the imbalance and uncertainty of the improvement of industrial enterprise benefits still exist. First, the foreign epidemic situation has continued to evolve. Since late July, there have been outbreaks of epidemics and superimposed floods in some areas of the country, and the continuous and stable recovery of the benefits of industrial enterprises is facing challenges. Second, the prices of bulk commodities are generally operating at a high level, and the pressure of rising corporate costs is gradually emerging, especially the profitability of small and micro enterprises in the middle and lower reaches is constantly being squeezed. In the next stage, it is necessary to thoroughly implement the decisions and deployments of the Party Central Committee and the State Council, adhere to the general tone of the work of seeking progress while maintaining stability, deepen the supply-side structural reforms, do a good job in maintaining the supply and stabilizing prices of bulk commodities, helping companies relieve difficulties, and strengthen technological innovation. Improve the resilience of the industrial chain and supply chain, and continuously promote the high-quality development of the industrial economy.

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