China News Service, March 27. According to the website of the National Bureau of Statistics on the 27th, Zhu Hong, a senior statistician of the Industrial Department of the National Bureau of Statistics, said when interpreting the profit data of industrial enterprises from January to February, this year, in the face of complex and severe domestic and foreign economies In light of the current situation, all regions and departments have stepped up efforts to stabilize growth and support the real economy, the industrial economy has recovered steadily, and corporate profits have increased slightly.
From January to February 2022, the profits of industrial enterprises above designated size across the country increased by 5.0% year-on-year, and the growth rate rebounded by 0.8 percentage points from December last year.
Zhu Hong introduced that the benefits of industrial enterprises from January to February mainly showed the following characteristics:
One is the rapid growth of corporate income.
From January to February, under the combined effect of accelerated industrial production and a high year-on-year increase in the ex-factory prices of industrial products, the sales of industrial enterprises grew rapidly, and the operating income of industrial enterprises above designated size increased by 13.9% year-on-year, which was 1.6 percentage points higher than that in December last year.
Among the 41 major industrial sectors, 40 industries experienced year-on-year revenue growth.
The rapid growth of corporate revenue has created favorable conditions for corporate profit growth.
Second, corporate profits maintained growth on a relatively high base.
From January to February, the profits of industrial enterprises above designated size achieved a growth of 5.0% on the basis of a relatively high base in the same period last year.
Most industries achieved profit growth. Among the 41 major industrial sectors, 22 industries achieved year-on-year profit growth or reduced losses, of which 15 industries achieved profit growth rates of more than 10%.
Third, the energy and raw materials industry has made a great contribution to the profit growth of industrial enterprises.
From January to February, the profits of the mining industry increased by 1.32 times year-on-year, and the growth rate was significantly higher than the industrial average. The profits of some raw material industries increased rapidly.
Among them, driven by factors such as the continued rise in crude oil prices and the high year-on-year increase in coal prices, the profits of oil and natural gas mining, coal mining and selection and other industries increased by 1.57 times and 1.55 times year-on-year respectively, and the driving effect was further strengthened compared with December last year; Driven by the rising prices of chemical products, the profits of non-ferrous metal smelting, chemical and other industries increased by 63.8% and 27.3% year-on-year respectively, both of which achieved rapid growth.
Fourth, the profits of some consumer goods industries grew rapidly.
Driven by factors such as the Spring Festival boosting consumption, the profits of some basic consumer goods industries grew rapidly.
From January to February, the profits of wine and beverage, textile, food manufacturing, cultural, educational, industrial and aesthetic industries increased by 32.5%, 13.1%, 12.3%, and 10.5% respectively year-on-year.
Fifth, corporate assets grew rapidly, and the asset-liability ratio declined.
At the end of February, the assets of industrial enterprises above designated size increased by 10.4% year-on-year, and the owners' equity increased by 10.7%.
The asset-liability ratio of industrial enterprises fell by 0.1 percentage points year-on-year, continuing to maintain a downward trend.
Zhu Hong pointed out that, in general, the benefits of industrial enterprises continued the recovery trend since last year.
However, it should also be noted that from January to February, the profit growth rate of industrial enterprises was significantly lower than that of last year due to the high base, the cost pressure of enterprises increased, and the profit margin and the level of connection between production and sales declined; the improvement of corporate profits still did not Balanced, the profit growth of downstream industries, especially small and medium-sized enterprises is slow, the production and operation of enterprises still face many difficulties and challenges, and the basis for the continuous recovery of the profitability of industrial enterprises is still not solid.
In the next stage, it is necessary to thoroughly implement the spirit of the Central Economic Work Conference, implement the various deployments of the "Government Work Report", continue to do a good job in ensuring the supply and price of bulk commodities, and effectively reduce the production costs of enterprises, especially the costs of mid- and downstream enterprises. The manufacturing support policy and the tax and fee reduction policy for small and micro enterprises have helped enterprises to relieve difficulties, promote the smooth operation of the industrial economy, and improve quality and efficiency.