Above scale industrial enterprises profit growth in June soared to 17.9%
National Bureau of statistics issued 27, from 1 to June, the national industrial enterprises above Designated Size realized a total profit of 2 trillion and 864 billion 980 million yuan, an increase of 11.4%, the growth rate increased by 1.6 percentage points compared with 1-5 months. In June, the above scale industrial enterprises realized a total profit of 588 billion 80 million yuan, an increase of 17.9%, the growth rate of 9 percentage points higher than in May, a record of 9 months since October last year.
Experts commented that although the profitability of industrial enterprises in June significantly improved, but new profits are still concentrated in a few industries, the future of industrial enterprises may still face greater operating pressure.
Dr. He Ping, the industrial department of the National Bureau of statistics, attributed the acceleration of profit growth in June to five reasons. First of all, sales growth is accelerating. In June, the main business income of Industrial Enterprises above designated size increased by 10% year on year, and the growth rate was 3.1 percentage points higher than that of May. Second, the cost has declined. In June, the main business cost increased by 9.5%, and the growth rate was 0.5 percentage points lower than the main business income. The cost of the main business income per hundred yuan was 86.08 yuan, down 0.41 yuan year-on-year. And in May, an increase of 0.27 yuan. Thirdly, the influence of enterprise accounting factors. Some large enterprises and listed companies' non main activities revenue concentrated in the end of the quarter, resulting in greater fluctuations in profits.
In addition, a small number of industries pulling effect is obvious. In June, computer communications and other electronic equipment manufacturing industry profits grew 37.4%, the growth rate of 32.2 percentage points higher than in May; non-ferrous metal smelting and rolling processing industry due to lower profits over the same period last year, profit rose 59.4% in May was down 3%; special equipment manufacturing industry profits rose 10.2% in May was down 9%; oil the processing of coking and nuclear fuel processing from the same period last year, a loss of 580 million yuan to a profit of 4 billion 980 million yuan, an increase of 12.5%; oil and gas exploration industry profit growth than in May, up 10.2 percentage points. The above 5 industries affect profit growth faster than 5.2 percentage points in May.
Finally, the base is low. He Ping said that in 2013 June, industrial profits grew by 6.3%, the growth rate in the middle of last year is low. If 2012 June as the base, the average growth in the past two years, the growth rate was 11.9%, 0.3 percentage points lower than the average profit growth rate of two years in May.
In the Chinese Academy of Social Sciences, Yuan Lei, deputy director of the industrial operating room, it seems that in June the profitability of industrial enterprises improved significantly, mainly from 5 industries. First, oil processing, coking and nuclear fuel processing industry: in the second quarter, the rise in international oil prices caused oil processing enterprises to improve profits. The same period last year was a loss. Two is the automotive industry: since the first half of the automotive industry has been relatively prosperous, become an important source of profit growth of industrial enterprises. Then the railway, ships, aerospace and other transportation equipment manufacturing, electrical machinery and equipment manufacturing industry: the two industry is mainly affected by the country to increase investment on high-speed rail and other infrastructure, the first half of the overall economy. Finally, the electronic information industry is affected by the improvement of the United States, Japan and the European Union market, and the profit level is rising.
However, fundamentally improve the changes of the 5 industry did not bring the profits of industrial enterprises, because of the additional profits still concentrated in a few industries, one of the most profitable new industries are automobile manufacturing, electricity and heat production and supply industry, electrical machinery and equipment manufacturing, non-metallic mineral products industry, computer communications and other electronic the equipment manufacturing industry, the 5 industry of above scale industrial enterprises profit growth rate of more than 70%." He said to the author.
Yuan Lei judged that the future industrial enterprises will still face greater operating pressure. There are four reasons: labor costs, capital costs continue to rise is inevitable; did not reflect the business conditions of SMEs within the scope of the National Bureau of statistics is more difficult than the above scale enterprises; high inventories in some industries, especially in commercial circulation, these stocks need time to digest, will put pressure on the business of real estate; the investment industry will continue to slump, and real estate related industries is difficult to pick up in the short term.
