From January to April, it fell 13.5%year-on-year. What's wrong with the profit of industrial en

Economic Observation Network reporter Zhang Rui Recently, the official website of the Guangdong Provincial Statistics Bureau announced the summary of the benefits of industrial enterprises above the global size from January to April 2022. Although from January to April, industrial enterprises above the global size of Guangdong have achieved revenue of 8.3%year-on-year, but The total profit was reduced by 13.5%year -on -year.

On June 13, Liang Run, assistant researcher at Peking University HSBC think tank, responded to the reporter of the Economic Observation Network that the above -mentioned industrial enterprises increased their income and increasing benefits. The growth rate of exports in the context of slowing down.

Previously, on May 27, Zhu Hong, a senior statistician of the Department of Industry of the National Bureau of Statistics, interpreted the profit data of the industrial enterprise that in April, the epidemic situation in some regions of the country exuded more, which caused a large impact on the production and operation of industrial enterprises. However, recent data also shows that the benefits of industrial enterprises are expected to gradually improve.

According to the indicators of the National Bureau of Statistics, industrial enterprises above designated size, that is, the annual main business income of 20 million yuan and above. According to data from the Department of Industry and Information Technology of Guangdong Province, in 2021, the number of industrial enterprises in Guangdong ranked first in the country. Automotive production, color TV output, and industrial robot production ranked first in the country.

Why does profit decline?

According to data from the Guangdong Provincial Bureau of Statistics, from January to April, industrial enterprises above the designated size of Guangdong achieved operating income of 5.42 trillion yuan, an increase of 8.3%year -on -year, and 82.1%in the growth rate of major operating income in the industry industry. During the same period, the total profit of industrial enterprises above designated size of Guangdong was 2.26 trillion yuan, a year -on -year decrease of 13.5%. In the first quarter, the total profit of industrial enterprises above designated size of Guangdong was 1.19 trillion yuan, a year -on -year decrease of 10.1%. From the perspective of the total profit of the profit, from January to April, the decline was expanding.

From the perspective of the specific product output, from January to April, in home appliances and electronic industrial products, household electrical refrigerators, household electric fans, household vacuum cleaners, integrated circuits, LCD screens, and electronic components accumulated more than the same period last year ( The same below) decreased by 13.2%, 18.5%, 11.4%, 21.4%, and 22.8%, and 19.4%; in construction industrial products, cement, sanitary ceramics, and steel in the steel bars decreased by 20.2%, 10.4%, and 29.1%year -on -year respectively. Among the mechanical industry products, metal containers and gas compressors decreased by 19.3%and 5.8%year -on -year. In addition, motorcycles and civilian steel ships decreased by 13.5%and 18.8%year -on -year, respectively.

Ms. Luo, the head of the financial observation network, who has been in Foshan for more than 20 years, told the Economic Observation Network that the company was taken as an example. The price of natural gas under the influence of the "Russia and Ukraine Conflict" in the first 4 months of this year rose sharply, and the cost was costly, and the cost was cost, and the cost was The pressure is high. "There is no way to increase the price of tiles to the client, which can only be digested most of her herself." Ms. Luo said that during this period, the epidemic suspension was about ten days and nearly twenty days, which affected the normal shipment rhythm. The situation also appeared.

"In fact, the export volume has affected the entire industry. It is estimated that our performance will decline in the early stage, but the number of coupons is still rising, which is a bit surprised." Ms. Luo said, but the whole process made the company very crisis.

From January to April, there were also products that increased sharply over the same period last year. For example, in automotive and new energy vehicle products, automobiles increased by 17.3%year -on -year, especially new energy vehicles increased by 164.9%year -on -year; in mechanical industrial products, special equipment for environmental pollution control increased by 134.3%year -on -year, as well as home appliances and electronic products, electronic computers The whole machine increased by 44.3%year -on -year.

"Last year, the profit margin of industrial enterprises was higher, and the increase increased significantly. The annual profit rose 16.1%year-on-year. The growth rate was the highest value in the past eight years." Liang Run said, on the other hand, from January to April this year, it was received from January to April this year. The impact of the epidemic and the rise in raw materials, and the increase in business costs for enterprises is more than income. According to data from the Guangdong Provincial Statistics Bureau,

From January to April this year, although the operating income of enterprises increased by 8.3%, the cumulative operating costs increased by 10%, and the profit margin decreased significantly. In April, the proportion of the number of losses of industrial enterprises was 31%, an increase of 4 percentage points over the same period last year. Liang Run also said that the operation of enterprises is also affected by production and logistics, as well as the slowdown in the growth of major foreign economies and the decline in export growth, which has caused great impact on export companies.

Not only Guangdong, but also the national industrial enterprises are also present. According to data from the National Bureau of Statistics, from January to April, the profit of industrial enterprises above designated size increased by 3.5%year -on -year, and the growth rate fell 5.0 percentage points from January to March.

From the perspective of the category, the profit of mining industry increased by 1.46 times year -on -year, and continued to maintain rapid growth. However, manufacturing profits decreased by 8.3%, a decrease of 6.2 percentage points from January -March; the profit, heat, gas, gas and water production and supply industry decreased by 29.3%.

Is it better?

On May 27, Zhu Hong, a senior statistician of the Industrial Department of the National Bureau of Statistics, explained the profit data of industrial enterprises from January to April that at present, the benefits of industrial enterprises are expected to gradually improve. Among them, from the assets and battalion, the total assets of industrial enterprises above designated size at the end of April increased by 10.4%year -on -year, and the total rights and interests of the owner increased by 10.5%, all of which were high in the past five years, and the scale of enterprises continued to develop.

"After the implementation of the large -scale tax refund policy, 95.4%of the industrial enterprises that obtained VAT tax refund expressed satisfaction with this policy. 87.9%of the companies believed that the cash flow of enterprises had been improved." Zhu Hong said that this is the recent industry. The results of the enterprise's rapid investigation. She continued that overall, industrial enterprises were affected by factors such as the short -term impact of the domestic epidemic and the more complicated and severe international situation. In April, the short -term pressure on the profit in April was obvious, but as the national epidemic situation generally stabilized, the re -production and re -production of enterprises were orderly and orderly. Promoting, further reducing the various policy effects of market entities continuously released, and the efficiency of industrial enterprises will gradually restore. "With the continuous recovery of the epidemic situation in production and logistics, the impact of the epidemic situation, the price of raw materials is stable, and the growth rate of exports will rise, and the profit growth of industrial enterprises will improve." Liang Run said.

On June 9, the data released by the General Administration of Customs showed that in the first five months of this year, the total value of my country's import and export value was 1.604 trillion yuan, an increase of 8.3%over the same period last year (the same below). In May, the total value of my country's imports and exports was 3.45 trillion yuan, an increase of 9.6%. Among them, exports were 1.98 trillion yuan, an increase of 15.3%.

Liang Run said to the Economic Observer reporter that the export of exports in May exceeded the expected rebound.

Liang Run further stated that the average exports in May 2016-2020 increased by an average of 6.4%from April from April, but in May 2021, the exports increased by only 0.1%from April from April, and the base period was low. In May this year, with the domestic epidemic impact on production and logistics, the foreign trade logistics blockage point gradually dredged. Some of the April backlog orders were shipped in May. Essence

At the same time, the depreciation of the RMB in April was large. The US dollar degraded from 6.35 to 6.62 against the RMB, and the depreciation of the month was about 4.3%, which also enhanced the price competitiveness of export products.

"Looking forward to the future, the downward pressure on exports is still large." Liang Run believes that on the one hand, the demand for developed economies such as the United States and Europe is declining; on the other hand, the production capacity of the outweight economy that has been seriously affected by the world's previous epidemic is in Gradually recover, China's export share may decline. In addition, the impact of domestic epidemic on production and logistics may still be repeated.

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