According to data released by the National Bureau of Statistics on January 27, in 2023, the profits of industrial enterprises above designated size in the country will decline by 23%, a decrease of 1 compared with the previous year7 percentage points, continuing to maintain a recovery trend.
Yu Weining, a statistician from the Department of Industry of the National Bureau of Statistics, said that in 2023, domestic demand will gradually improve, industrial production will rebound steadily, the benefits of industrial enterprises above designated size will continue to recover, the profits of major industries will actively improve, new drivers will be cultivated and expanded, and the foundation for high-quality development of the industrial economy will be further consolidated.
Judging from the trend of the year, the cumulative profit of industrial enterprises above designated size decreased by 22 year-on-year from January to February 20239% rebounded month-on-month to a year-on-year decline of 23%, the decline in profit narrowed significantly. Quarterly, 2023.
In the first and second quarters, the profits of industrial enterprises above designated size fell year-on-year. 7%, with growth in the third and fourth quarters. 2%, the profit changed from a decline to an increase, and achieved rapid growth. Judging from the growth rate of the month, since August 2023, the profits of industrial enterprises above designated size have achieved positive growth for five consecutive months.
The revenue level of industrial enterprises has rebounded steadily. In 2023, the operating income of industrial enterprises above designated size will increase by 11%, the cumulative revenue growth rate has rebounded for 5 consecutive months. Among them, the operating income in the fourth quarter increased by 32%, the growth rate is 2 faster than the third quarter9 percentage points.
More than sixty percent of the industry's annual profits have grown, and seventy percent of the industry's profits have shown a rebound. In 2023, among the 41 major industrial industries, 27 industries will have a profit increase over the previous year, with a profit growth area of 659%, an increase of 12 over the previous year2 percentage points; There are 29 industries whose annual profit growth rate is faster or narrower than that from January to November, turning from decline to increase, showing a rebounding trend, accounting for 707%。
The profit growth of the equipment manufacturing industry has accelerated. In 2023, the profit of the equipment manufacturing industry will achieve positive growth, with a growth rate of 41%, 2 faster than the previous year4 percentage points; Pull the industrial profit growth of 14 percentage points, an increase of 08 percentage points, the supporting role of industrial enterprises in the recovery of profits has been further enhanced.
The decline in profits of raw materials and consumer goods industries narrowed. In 2023, the decline in profits of the raw material manufacturing industry will be significantly narrower than that of the previous year8 percentage points; The profit of the consumer goods manufacturing industry fell by 11%, the profit scale is close to the level of the previous year, and the decline rate is significantly narrower than that of the previous year.
The upward pressure on corporate costs has eased. In 2023, the cost per 100 yuan of operating income of industrial enterprises above designated size will be basically the same as that of the previous year, of which the third and fourth quarters will decrease by 071 yuan, 0$6.
Yu Weining said that overall, the profits of industrial enterprises will maintain a recovery trend in 2023. In the next stage, it is necessary to give full play to the advantages of the super-large-scale market, focus on expanding domestic demand, boost market confidence, stimulate the vitality of various business entities, promote high-level scientific and technological self-reliance and self-reliance, accelerate the construction of a modern industrial system, continuously consolidate and enhance the upward trend, and continue to promote the high-quality development of the industrial economy. (Reporter Xu Peiyu).