Equipment manufacturing benefits improvement May industrial enterprises' profits improve

The National Bureau of Statistics released data on the 27th. In May, the profit of industrial enterprises above designated size decreased by 6.5%year -on -year, a narrowing of 2 percentage points from the previous month. Among them, the decrease of profit -making profit of equipment manufacturing has narrowed significantly from last month by 23.2 percentage points, which is the industry sector that affects the profit margin of industrial enterprises above designated size.

"The domestic epidemic prevention and control situation is generally improved. Enterprise resumption of work, resumption of production, logistics guarantee and orderly promotion, the production and operation of industrial enterprises has gradually recovered, and the decline in corporate profits has narrowed." Essence

Zhu Hong analyzed that due to the gradual recovery of production and logistics, the industrial chain supply chain was gradually promoted, and the sales status of industrial enterprises improved. In May, the operating income of industrial enterprises above designated size increased by 6.8%year -on -year, and the growth rate increased compared with the previous month, creating favorable conditions for the improvement of corporate profitability. In addition, the effects of tax cuts and fees and helping enterprises have continued to release, and the burden on the cost of industrial enterprises has continued to be reduced.

In May, with the continued advancement of enterprises and re -production, although the profit of industrial enterprises in the Yangtze River Delta and the Northeast region decreased year -on -year, the decline was significantly narrowed from the previous month. Among them, Shanghai, Jiangsu, Jilin, and Liaoning have decreased by more than 20 percentage points from last month.

Among the 41 industrial industries, the profit of 20 industries has accelerated or narrowed from the previous month. The profit of the 5 industries has increased from a decrease to more than 60 %. The profits of coal, oil and other energy industries have maintained a double increase. Energy insurance supply policies have been implemented in depth, and the output of energy products has maintained rapid growth. In addition, the high price operation has driven the profit of coal, oil and natural gas mining industry by 1.16 times and 1.26 times year -on -year. The two industries have increased the profit increase of 9.5 percentage points at a total of 9.5 percentage points.

In addition, with the orderly advancement of the re -production of enterprises in key areas of equipment manufacturing, the logistics blocking point card is effective and smooth, and the effectiveness of the equipment manufacturing industry has improved significantly. In May, the profit of equipment manufacturing fell by 9.0%year -on -year, and the decline was significantly narrowed by 23.2 percentage points from the previous month. It is the industry sector that affects the profit margin of industrial enterprises above designated size. With the gradual recovery of market demand, the continuous release of domestic demand expansion and promotion of consumer policy, the profit of the basic consumer goods industry has continued to recover. In May, among the 13 consumer goods industries, 8 industries have improved profits, accounting for 61.5%.

However, Zhu Hong also said that the profit of industrial enterprises in May continued to decline year -on -year, the pressure of corporate costs was still large, production and operation still faced many difficulties, and the foundation of the recovery of industrial enterprises was not firm. The current international situation is becoming more complicated and severe, and there are still more uncertainty in the recovery of industrial enterprise benefits. In the next stage, it is necessary to implement a policy measure of the industrial economy in detail, help enterprises to relieve difficulties, and promote the continuous and stable recovery of the industrial economy.

Looking forward to the trend of the next stage, Zhou Maohua, a macro researcher at the Financial Market Department of Everbright Bank, believes that with the effective control of the domestic epidemic, economic activities have been accelerated, and the effect of domestic supply and stable measures will continue to appear, and the profitability of the middle and lower reaches will gradually improve.

Zheng Houcheng, director of the Institute of British Securities Institute, predicts that it is difficult to rise in international oil prices to improve the epidemic. In June, the value -added of industrial added value was up to May. Based on the month, the total profit of the industrial enterprise in June was a high probability of going up the month on the basis of May.

- END -