From January to July, industrial enterprises realized a profit of 2.6785 billion yuan, down 2.7% year-on-year. In the context of slowing economic growth, the income growth rate of industrial enterprises above designated size continued to slow down and operating costs remained high, resulting in a continuous decline in total profit. From January to July, industrial enterprises realized a profit of 2.6785 billion yuan, down 2.7% year-on-year. This is the sixth consecutive month of negative growth in the data. According to the data released by the National Bureau of Statistics, from January to July, industrial enterprises above designated size achieved a revenue of 499.891 billion yuan, a year-on-year increase of 10.6%, which was 0.7 percentage points lower than that in January-June. It is the lowest cumulative growth rate since this year. . The cost per 100 yuan of main business income is 85.41 yuan, and the main business income profit rate is 5.36%, which is slightly higher than the previous June and the profit margin is slightly reduced. According to the profit data of state-owned enterprises released by the Ministry of Finance in the same period, the industries with large profit declines in the industry are concentrated in the chemical industry, non-ferrous industries, transportation industry, petrochemical industry, building materials industry, etc., while the tobacco industry, power industry, automobile industry, etc. Profit growth. The biggest problem that plagues companies is still the order. When interviewed by some SMEs in Wenzhou, the reporter found that business owners generally believe that the situation this year is even worse than in 2008. Although the export orders in 2008 have also declined, the decline has not been as large as this year, and the labor costs this year are higher than in 2008, so the operating environment is even more severe. The reporter learned that because of the lack of export orders, some of Wenzhou's main export auto parts companies have arranged for older workers to go home for vacation. If the order continues to deteriorate, the company may consider taking vacation during the "11" period. In previous years, during the “Eleventh†Golden Week, these factories were running overtime. The external demand industry has become the focus of the central high-level attention. From August 24th to 25th, Premier Wen Jiabao of the State Council rushed to Guangzhou, Foshan, Dongguan and other places to investigate the current economic trends, especially the stabilization of external demand and the acceleration of foreign trade transformation and upgrading. Wen Jiabao pointed out that at present, it is necessary to take targeted measures to promote stable growth of exports. Lu Zhengwei, chief economist of Industrial Bank, believes that from the performance of the “troikaâ€, China’s domestic demand is generally strong. The domestic demand growth rate from the first quarter of 2009 to the second quarter of 2012 is above 8.4%. The data is less than expected and is mainly dragged down by the foreign trade sector. The downturn in the foreign trade sector is mainly suppressed by the overvalued real effective exchange rate of the renminbi. Although investment stimulus can improve the GDP readings during the year, the logic of adjusting the real effective exchange rate of the renminbi is far-reaching. For large industrial enterprises, the external business environment is not optimistic. On the one hand, orders have weakened, and on the one hand, inventory adjustments have been longer than previously expected. In the steel industry, where losses are more serious, in the first half of this year, under the situation of weak demand and persistently low prices, domestic crude steel output is still not increasing. According to the latest statistics of China Steel Association, the national crude steel output in the first half of the year increased by 1.8%. Among them, the output of crude steel of large steel enterprises as a member of China Steel Association fell by 0.1% year-on-year, but the output of non-member enterprises concentrated in SMEs increased by 12.9%. The willingness of existing projects to be put into production this year and the willingness to ship small and medium-sized enterprises will make it difficult for large enterprises to reduce production capacity. In the manufacturing industry downstream of the steel industry, the heavy industry industry is in a downturn. In the recently released semi-annual report, heavy industry giant Xugong Machinery said that the company's main construction machinery mainframe sales fell by nearly 30% year-on-year, and the industry has been in a difficult valley for more than a decade. Reflected on the balance sheet, the net profit for the first half of the year was 1.589 billion, a year-on-year decrease of 28.67%. As the demand side of construction machinery, the construction industry itself did not have much improvement in orders. Recently, the reporter exchanged with some construction engineering design enterprises and learned that due to the industry investment demand has been reached, or reached the peak in the next two or three years, some engineering design companies have experienced the problem of cold demand in the industry since last year. In the first half of the year, the company mainly completed the design tasks that continued in previous years, and the new design orders this year are very limited. Overall, the destocking of industrial enterprises, although difficult, has improved. At the end of July, accounts receivable of industrial enterprises above designated size were 7831.9 billion yuan, a year-on-year increase of 15.4%. The funds for finished products reached 2.937 trillion yuan, a year-on-year increase of 12.5%. Both data growth rates continue to shrink from the end of June. Laminated Glass,Laminated Glass Window,Pvb Laminated Glass,Tempered Glass Windows Huaian Hongrui Glass Co.,Ltd , https://www.hongruiglass.com
National industrial enterprise profits fell for six consecutive months
From January to July, industrial enterprises realized profits of 2.6785 billion yuan, down 2.7% year-on-year. Under the environment of slowing economic growth, the income growth rate of industrial enterprises above designated size continued to slow down and operating costs remained high, resulting in total profits. Year-on-year decline. 1~...