The growth rate is accelerated!In June, the profit data of industrial enterprises was released. This popular industry has increased significantly, and the signal is clear?

Picture source: Tuwa Creative

In June, the profit of industrial enterprises increased from declining, and the industry structure further improved.

On July 27, the latest data released by the State Bureau of Statistics showed that the profit of industrial enterprises in June increased by 0.8%year -on -year, ending the two -month profit of two months. At the same time, the differentiation of upstream and downstream profits has eased, and the profit of the automotive industry has increased significantly.

People interviewed by a Chinese reporter from the brokerage firm said that the profit performance of supporting industrial enterprises above designated size in June is mainly due to the increase in industrial added value growth driven by the industrial chain supply chain to drive and the impact of base effects. Looking forward to July, the year -on -year growth rate is expected to go up.

In June, the profit growth rate of industrial enterprises in June was 7.3 percentage points from the previous value of 7.3 percentage points

Zhu Hong, a senior statistician of the Department of Industry of the National Bureau of Statistics, said that the profit recovery of industrial enterprises is accelerating.

In June, with the significant restoration of the industrial chain supply chain, the year -on -year growth rate of industrial added value above designated size and the growth rate of corporate operating income have been rebounded for two consecutive months. The growth rate of income has been close to the average level in recent years. Gradually recover.

At the same time, the industrial chain supply chain has recovered further, and the benefits of industrial enterprises have improved significantly. The profit of industrial enterprises above designated size increased by 0.8%year -on -year, from two consecutive months to positive growth. Restore. In the first half of the year, the profit of industrial enterprises above designated size increased by 1.0%year -on -year.

From the perspective of profit, in the 41 industrial industries, nearly 60 % of the industry's profit growth rate has accelerated or reduced from the previous month. The profit of 21 industries has increased year -on -year, and the industry growth is 51.2%, of which 15 industry profits have achieved double -digit growth.

In terms of regions, the profit of enterprises in the eastern and northeast regions has continued to recover, and the central and western regions have maintained rapid growth.

Zheng Houcheng, director of the Institute of British Securities Research Institute, told a reporter from the brokerage firm that the support factor of the total profit of industrial enterprises in June was year -on -year to positive growth range.

Wu Chaoming, deputy dean of Caixin Research Institute, told reporters that the profit of a single monthly industrial enterprise was accelerating. However, the manufacturing industry accounting for 76.2%of the industrial profits above designated scale. In June, the profit in June still decreased by 9%year -on -year. The profit of 20 industries in the 41 industrial categories was negative. Facing more difficulties.

Yang Chang, the person in charge and chief analyst of the policy group of the China -Thailand Institute of Securities Research Institute, also pointed out that the price of raw materials is still disturbing the operation of the enterprise, and the pressure on the cost of the enterprise still exists. The cost of industrial enterprises above designated size was 84.52 yuan per 100 yuan in operating income, an increase of 0.84 yuan year -on -year, and it rose for 8 consecutive months. At the same time, while increasing the account receivable of enterprises, the production of finished product inventory has been removed, indicating that the enthusiasm of enterprise production still needs to be observed.

The corporate profit industry has improved, and the profit of the automotive industry has increased significantly

From the perspective of the industry chain and industry structure, Zhu Hong pointed out that the proportion of manufacturing profit in June increased, and the differentiation of upstream and downstream profits was eased.

With the continuous improvement of the benefits of midstream and downstream industries, the growth rate of profit growth in the three industries has narrowed. The year -on -year growth rate of mining profits declined compared to the previous month. The year -on -year growth rate of manufacturing profits was narrowed from the previous month. The profit, heat, gas, water and water production and supply industry profits increased from decrease to increase. At the same time, the proportion of manufacturing profits accounted for 76.2%of industries above designated size, an increase of 2.6 percentage points from the previous month, and the industrial enterprise's profit industry structure was further improved.

It is worth noting that in June, benefited from the continuous recovery of the industrial chain supply chain, and the profit of equipment manufacturing has rebounded for two consecutive months, driving the profit growth rate of industrial enterprises above designated size by 4.0 percentage points from the previous month.

The car manufacturing industry has accelerated the resumption of labor and re -production in Shanghai, Jilin and other car owners, and its profits have declined from a decline to a significant increase of 47.7%. It is the industry with the most profitability of industrial enterprises.

In the consumer product manufacturing industry, the profit industry's profits increased by 44.7%and 20.6%, respectively.

Zhu Hong pointed out that the profit recovery of industrial enterprises has accelerated, and the structure of the profit industry has changed positively. However, it is also necessary to see that the external environment is more complex and severe, the profit growth of industrial enterprises is still low, the cost of corporate costs continues to rise, the company's losses are still large, and some enterprises are still facing more difficulties. In the next stage, we must continue to promote the implementation of a package of stabilizing the industrial economy.

Zheng Houcheng said that as the global economy has entered a downward cycle, the Federal Reserve has continued to raise interest rates, and the European Central Bank has expected to raise interest rates by 50 basis points. It is expected that the price of large commodities such as crude oil is expected to continue to undergo pressure. Therefore, the profit growth rate of the mining industry in the later period is about decline, and the profit growth rate of manufacturing and electricity, thermal, gas, and water production and supply has benefited from the cost of raw materials.

Regarding the profit trend of industrial enterprises in July, Zheng Houcheng believed that from a comprehensive consideration of volume, price, profit margin, and base, the total profit of industrial enterprises in July was up to June.

Yang Chang also believes that due to the single month in the third quarter of the last year, the value of the year was the low point of the year, and with the gradual improvement of industrial enterprises, the year -on -year growth rate was expected to show the characteristics of further repair.

Wu Chaoming predicts that the profitability of industrial enterprises in the short term is expected to continue to fill in the pits, but the improvement of industrial profits in the second half of the year may not be ruled out that the monthly growth rate will fall again.Responsible editor: tactics

- END -