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Home > News > Market Flash > The Total Profit of The Chemical Raw Material And Product Manufacturing Industry in The First 10 Months Increased by 1.16 Times YOY

The Total Profit of The Chemical Raw Material And Product Manufacturing Industry in The First 10 Months Increased by 1.16 Times YOY

ECHEMI 2021-11-30

According to the data released by the National Bureau of Statistics on November 27, from January to October, the total profits of industrial enterprises above designated size nationwide reached 716.499 billion yuan, a year-on-year increase of 42.2%, an increase of 43.2% from January to October 2019, and a two-year average increase of 19.7. %. Among them, the total profit of the chemical raw materials and chemical products manufacturing industry was 667.7 billion yuan, a year-on-year increase of 1.16 times.


According to data, from January to October, among industrial enterprises above designated size, state-owned holding companies achieved a total profit of 2211.65 billion yuan, a year-on-year increase of 74.2%; joint-stock companies achieved a total profit of 515.881 billion yuan, an increase of 48.5%; foreign, Hong Kong, Macao and Taiwan-invested enterprises achieved The total profit was 1.867.36 billion yuan, an increase of 27.3%; the private enterprises realized a total profit of 2.170.36 billion yuan, an increase of 30.5%.


In the first 10 months, the mining industry achieved a total profit of 863.90 billion yuan, an increase of 1.78 times; the manufacturing industry achieved a total profit of 5,930.04 billion yuan, an increase of 39.0%; the electricity, heat, gas and water production and supply industries achieved a total profit of 371.05 billion yuan, a decrease 19.7%.


Statistics show that from January to October, among 41 major industrial sectors, 32 industries have increased their total profits year-on-year, 1 industry has turned losses into profits, and 8 industries have declined. The profits of the main industries are as follows: the total profit of the petroleum, coal and other fuel processing industries increased by 5.76 times year-on-year, the oil and natural gas extraction industry increased by 2.63 times, the coal mining and washing industry increased by 2.10 times, and the non-ferrous metal smelting and rolling processing industry increased by 1.63 times. , Ferrous metal smelting and rolling processing industry increased by 1.32 times, chemical raw materials and chemical products manufacturing industry increased by 1.16 times, computer, communication and other electronic equipment manufacturing industry increased by 34.3%, non-metallic mineral products industry increased by 15.2%, and special equipment manufacturing industry increased by 15.2%. 14.9%, electrical machinery and equipment manufacturing industry increased by 14.6%, general equipment manufacturing industry increased by 13.7%, textile industry increased by 1.9%, automobile manufacturing industry decreased by 2.9%, agricultural and sideline food processing industry decreased by 10.0%, electricity, heat production and supply industry A decrease of 29.0%.


From January to October, industrial enterprises above designated size achieved operating income of 102.22 trillion yuan, a year-on-year increase of 21.1%; incurred operating costs of 85.56 trillion yuan, an increase of 20.3%; operating income margin was 7.01%, a year-on-year increase of 1.04 percentage points. At the end of October, the assets of industrial enterprises above designated size totaled 138.60 trillion yuan, an increase of 9.6% year-on-year; the total liabilities were 78.07 trillion yuan, an increase of 8.8%; the total owner’s equity was 60.53 trillion yuan, an increase of 10.5%; the asset-liability ratio was 56.3%. A year-on-year decrease of 0.4%.


In October, industrial enterprises above designated size achieved a total profit of 818.74 billion yuan, a year-on-year increase of 24.6%. Among them, the profit of the chemical industry increased by 63.9%.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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