The Total Profit of China's Chemical Raw Materials and Products Manufacturing Industry Fell by 46.5% Year-on-Year in the First Three Quarters
Data released by the China National Bureau of Statistics on October 27 showed that in the first three quarters, as China's market demand continued to improve, industrial production grew steadily, and the revenue and profits of industrial enterprises continued to recover. From January to September, the total profit of industrial enterprises above designated size nationwide was 5,411.99 billion yuan, a year-on-year decrease of 9.0%, and the decline rate was 2.7 percentage points narrower than that from January to August. Among them, the total profit of chemical raw materials and chemical products manufacturing industry fell by 46.5% year-on-year.
Data show that from January to September, the mining industry realized a total profit of 992.81 billion yuan, a year-on-year decrease of 19.9%; the manufacturing industry realized a total profit of 3891.07 billion yuan, a decrease of 10.1%; the electricity, heat, gas and water production and supply industry realized a total profit of 528.11 billion, an increase of 38.7%.
The profit situation of the main industries in the first three quarters is as follows: the total profit of the electricity and heat production and supply industry 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%, the special equipment manufacturing industry increased by 2.4%, and the automobile manufacturing industry increased by 0.1%, the ferrous metal smelting and rolling processing industry decreased by 1.8%, and the oil and natural gas extraction industry decreased by 9.4%.
The textile industry decreased by 10.2%, the agricultural and sideline food processing industry decreased by 15.1%, the non-ferrous metal smelting and rolling processing industry decreased by 15.1%, the computer, communications and other electronic equipment manufacturing industry decreased by 18.6%, the coal mining and washing industry decreased 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%.
From January to September, industrial enterprises above designated size achieved operating income of 96.35 trillion yuan, the same as the same period last year; operating costs incurred were 81.96 trillion yuan, an increase of 0.3%; the operating income profit margin was 5.62%, a year-on-year decrease of 0.55 percentage points.
At the end of September, the total assets of industrial enterprises above designated size were 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 owners' equity was 69.77 trillion yuan, an increase of 6.0%; the asset-liability ratio was 57.6%, A year-on-year increase of 0.2 percentage points.
At the end of September, the accounts receivable of industrial enterprises above designated size were 23.75 trillion yuan, a year-on-year increase of 9.7%; the inventory of finished products was 6.13 trillion yuan, an increase of 3.1%.
Data show 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 cost 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 of industrial enterprises above designated size per 100 yuan of assets 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 products was 20.0 days, a year-on-year increase of 1.2 days; the average recovery period of accounts receivable was 63.0 days, an increase of 5.9 days year-on-year.
In September, profits of industrial enterprises above designated size increased by 11.9% year-on-year.
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2026-07-19
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Paint & Coating Industry Overview Mar.2025
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