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The total profit of the chemical raw materials and products manufacturing industry in the first three quarters fell by 46.5% year-on-year

Source: China Chemical News
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October 31, 2023, 10:51 AM
Data released by the National Bureau of Statistics on October 27 showed that in the first three quarters, as market demand continued to improve, industrial production grew steadily, and the revenue and profits of industrial enterprises continued to recover. 1-9 In January, industrial enterprises above designated size achieved a total profit of 5.41199 billion yuan, a year-on-year decrease of 9.0%, and the decline was 2.7 percentage points narrower than that in January to August. Among them, the total profit of chemical raw materials and chemical products manufacturing decreased by 46.5% year-on-year.
Data show that from January to September, the mining industry achieved a total profit of 992.81 billion yuan, a year-on-year decrease of 19.9%; the manufacturing industry achieved a total profit of 3.891.07 billion yuan, a decrease of 10.1%; and the electricity, heat, gas and water production and supply industries achieved a total profit of 528.11 billion yuan, an increase of 38.7%.
The profits of the main industries in the first three quarters are as follows: the total profit of the electricity, heat production and supply industries increased by 50.0% year-on-year, the electrical machinery and equipment manufacturing industry increased by 24.9%, the general equipment manufacturing industry increased by 11.0%, and the special equipment manufacturing industry increased by 2.4%. The automobile manufacturing industry grew by 0.1%, the ferrous metal smelting and rolling processing industry fell by 1.8%, and the oil and natural gas extraction industry fell by 9.4%.
The textile industry fell by 10.2%, the agricultural and sideline food processing industry fell by 15.1%, the non-ferrous metal smelting and rolling processing industry fell by 15.1%, the computer, communications and other electronic equipment manufacturing industry fell by 18.6%, the coal mining and washing industry fell by 26.5%, the non-metallic mineral products industry fell by 26.7%, the petroleum, coal and other fuel processing industry fell by 40.4%, and the chemical raw materials and chemical products manufacturing industry fell by 46.5%.
1-9 In March, industrial enterprises above designated size achieved operating income of 96.35 trillion yuan, flat year-on-year; operating costs were 81.96 trillion yuan, an increase of 0.3%; operating income profit margin was 5.62%, a year-on-year decrease of 0.55 percentage points.
At the end of September, the assets of industrial enterprises above designated size totaled 164.40 trillion yuan, a year-on-year increase of 6.4%; the total liabilities were 94.63 trillion yuan, an increase of 6.7%; the total owner's equity was 69.77 trillion yuan, an increase of 6.0%; the asset-liability ratio was 57.6%, an increase of 0.2 percentage points year-on-year.
At the end of September, accounts receivable from industrial enterprises above designated size were 23.75 trillion yuan, a year-on-year increase of 9.7%; finished goods inventories were 6.13 trillion yuan, an increase of 3.1%.
Data shows that from January to September, the cost per 100 yuan of operating income of industrial enterprises above designated size was 85.07 yuan, a year-on-year increase of 0.30 yuan; the expense per 100 yuan of operating income was 8.34 yuan, a year-on-year increase of 0.28 yuan.
At the end of September, the operating income per 100 yuan of assets of industrial enterprises above designated size was 80.1 yuan, a year-on-year decrease of 5.8 yuan; the per capita operating income was 1.774 million yuan, a year-on-year increase of 60,000 yuan; the inventory turnover days of finished goods were 20.0 days, an increase of 1.2 days year-on-year; the average payback period for accounts receivable was 63.0 days, an increase of 5.9 days year-on-year.
In September, industrial enterprises above designated size achieved a year-on-year increase in profits of 11.9%. Source: China Chemical News