Zhongxin Finance, May 27. On May 27, the National Bureau of Statistics released the profit data of industrial enterprises from January to April on its website, and also released relevant interpretations.

　　Zhu Hong, a senior statistician at the Industrial Department of the National Bureau of Statistics, said in the interpretation that in April, the epidemic spread frequently in some parts of the country, which caused a great impact on the production and operation of industrial enterprises, and the profits of industrial enterprises declined.

Facing the severe and complex situation, all regions and departments actively responded to the impact of the epidemic.

With the continuous effective measures of ensuring energy supply, helping enterprises to bail out, and supporting the development of the real economy, it will effectively promote the accelerated recovery of the industrial economy.

　　The details are as follows:

　　1. The profit growth of industrial enterprises has fallen, and the profits of some industries have continued to grow

　　From January to April, the profits of industrial enterprises above designated size increased by 3.5% year-on-year, and the growth rate dropped by 5.0 percentage points from January to March.

In terms of categories, the profits of the mining industry increased by 1.46 times year-on-year, and continued to maintain rapid growth; the profits of the manufacturing industry fell by 8.3%, an increase of 6.2 percentage points from January to March; the profits of the production and supply industries of electricity, heat, gas and water fell by 29.3% , the decline narrowed slightly.

Profits of industrial companies fell 8.5% year-on-year in April.

In terms of categories, the profits of the mining industry increased by 1.42 times year-on-year, the profits of the manufacturing industry fell by 22.4%, and the profits of the production and supply of electricity, heat, gas and water fell by 26.8%.

　　Some regions and industries have been greatly affected by the epidemic, and the profit growth of industrial enterprises has grown significantly.

From January to April, the profits of industrial enterprises in the eastern region and the northeastern region decreased by 16.7% and 8.1% year-on-year respectively, which together affected the growth rate of industrial enterprises' profits by 4.2 percentage points compared with the first three months.

Among the major industries, the automobile manufacturing industry was affected more obviously, and the profit of the manufacturing industry in April fell by 6.7 percentage points.

　　The profits of the mining industry and some raw material industries increased rapidly.

The energy supply guarantee continued to be effective, the output of coal and other energy products increased rapidly, and the prices of bulk commodities remained high, driving the rapid growth of profits in some upstream industries.

From January to April, the profits of the mining industry continued to grow rapidly, among which the profits of the coal and oil and gas mining industries increased by 1.99 times and 1.38 times respectively.

In the raw material industry, the profits of non-ferrous metal smelting and chemical industry increased by 40.3% and 14.8% respectively, both of which achieved rapid growth.

　　Profits in the basic consumer goods industry continued to grow.

Since the beginning of this year, the people's livelihood security policy has been effectively implemented, the supply of basic consumer goods is sufficient, and the market demand has been stable, which has driven the steady growth of profits of the basic consumer goods industry.

From January to April, the profits of the wine, beverage, tea, food manufacturing, and tobacco industries increased by 20.9%, 10.8%, and 7.9% year-on-year respectively.

Industries such as furniture, textiles and clothing, leather and shoemaking, textiles, culture, education, industry and beauty all maintained growth.

　　2. The positive factors have accumulated and increased, and the benefits of industrial enterprises are expected to gradually improve

　　First, the benefits of industrial enterprises still have the basis for a stable recovery.

From January to April, the profits of industrial enterprises above designated size continued to grow from a high base of 1.06 times the same period of the previous year.

In the central and western regions, which were less affected by the epidemic, profits maintained rapid growth, with growth rates of 18.2% and 47.5%, respectively.

In terms of assets and revenue, at the end of April, the total assets of industrial enterprises above designated size increased by 10.4% year-on-year, and the total owner's equity increased by 10.5%, both of which were high levels in the past five years, and the scale of enterprises continued to grow.

From January to April, the operating income of industrial enterprises increased by 9.7% year-on-year, which was close to double-digit growth, creating room for the improvement of corporate profits.

　　Second, the resumption of work and production of enterprises is accelerated.

From January to April, the decline in the profit growth rate of industrial enterprises was mainly affected by the impact of the epidemic in some areas. From the perspective of Shanghai, Jilin, Liaoning and other areas that were greatly affected by the epidemic, the number of days of business shutdown in April was significantly more than that in March. In April, the impact on the efficiency of industrial enterprises was more obvious.

At present, the epidemic prevention and control situation in the Yangtze River Delta region has improved, and the resumption of work and production of enterprises is steadily advancing. The impact of the epidemic on industrial enterprises is expected to gradually weaken.

　　The third is the relief policy to help enterprises reduce burdens and increase efficiency.

With the continuous efforts of tax cuts and fee reductions, and the bailout and assistance policies, the cost burden of industrial enterprises has eased.

A recent quick survey of industrial enterprises shows that after the implementation of the large-scale tax credits and tax refund policy, 95.4% of the industrial enterprises that have obtained VAT credits and tax refunds are satisfied with the policy, and 87.9% of the enterprises believe that the cash flow of the enterprises has been improved.

From January to April, the cost per 100 yuan of operating income of industrial enterprises above designated size was 7.97 yuan, a decrease of 0.12 yuan and 0.51 yuan from January to March and the same period of the previous year respectively.

　　Overall, industrial enterprises were affected by factors such as the short-term impact of the domestic epidemic and the more complex and severe international situation, and their profits were under obvious short-term pressure in April. The effects of various policies burdened by market players will be released continuously, and the benefits of industrial enterprises will gradually recover.

In the next stage, it is necessary to thoroughly implement the requirements of the Party Central Committee that "the epidemic must be prevented, the economy must be stabilized, and development must be safe", efficiently coordinate epidemic prevention and control and economic and social development, effectively implement the decisions and arrangements of the Party Central Committee and the State Council, and actively dredge the industry. The supply chain is blocked and stuck, helping enterprises to relieve difficulties and create more favorable conditions for the continued recovery of industrial enterprises' operating conditions.

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