Over 800 Billion Yuan! In 2021, The Profit of Chemical Raw Materials And Products Manufacturing Industry Will Increase by 87.8%

On the 27th, the National Bureau of Statistics released the profit data of industrial enterprises above designated size in 2021. In 2021, the national industrial enterprises above designated size will realize a total profit of 8,709.21 billion yuan, an increase of 34.3% over the previous year, an increase of 39.8% over 2019, and an average increase of 18.2% over the two years.

In 2021, nearly 80% of the industry profits will increase, and some industries will grow rapidly. The data shows that among the 41 major industrial sectors, 32 of them have increased profits compared with the previous year, accounting for 78%, and the industry growth area has expanded by 14.6 percentage points compared with the previous year. Profits in 6 industries have more than doubled, and 18 industries have achieved double-digit growth. Compared with 2019, 31 industries achieved profit growth, accounting for 75.6%; among them, 21 industries saw an average two-year profit growth rate of more than 10%.

Driven by the rise in commodity prices, in 2021, coal and crude oil prices will increase significantly during the year and run at high levels for a long time, driving the coal, petroleum and chemical industries to achieve rapid growth.

The total profits of the coal and oil and gas mining industries were 702.31 billion yuan and 168.77 billion yuan respectively, an increase of 212.7% and 584.7% over the previous year; the total profits of the petroleum, coal and other fuel processing industries were 267.86 billion yuan, an increase of 224.2%; chemical raw materials and chemical products The total profit of the manufacturing industry was 801.94 billion yuan, an increase of 87.8%; the total profit of the chemical fiber manufacturing industry was 62.89 billion yuan, an increase of 149.2%. However, the profit of the rubber and plastic products industry declined, with a total profit of 170.25 billion yuan, a decrease of 2.9%.

In 2021, the mining industry will realize a total profit of 1,039.08 billion yuan, an increase of 1.91 times over the previous year; the manufacturing industry will realize a total profit of 7,361.22 billion yuan, an increase of 31.6%; the electricity, heat, gas and water production and supply industry will realize a total profit of 308.92 billion yuan. A drop of 41.9%.

In 2021, the cost and expenses per 100 yuan of operating income of the company will be 83.74 yuan and 8.59 yuan respectively, a decrease of 0.23 yuan and 0.59 yuan respectively compared with the previous year. Among them, benefiting from policies and measures such as financial support for the development of the real economy, corporate financial expenses decreased by 3.2% over the previous year. The overall cost and expense level of the enterprise was lower than that of the previous year, which expanded the profit margin. The profit rate of the enterprise's operating income was 6.81%, an increase of 0.76 percentage points over the previous year. At the same time, the turnover of finished products and accounts receivable of enterprises has been accelerated, and the pressure on funds has been alleviated; the ability to generate income from assets has been enhanced, and the asset-liability ratio has been stable with some declines.