September 27, the National Bureau of Statistics released in August and January-August national above-scale industrial enterprise profit index. The data show that in August, industrial enterprises above designated size realized a total profit of 612.81 billion yuan, an increase of 19.1% year-on-year; in January-August, the country's industrial enterprises above designated size realized a total profit of 3,716.65 billion yuan, a year-on-year decline of 4.4%.
Automobile manufacturing industry as the national above-scale industrial segments attracted much attention, the data show that the January-August revenue amounted to 4,788.71 billion yuan, a year-on-year decline of 1.8%, and January-August operating costs amounted to 406.19 billion yuan, a year-on-year decline of 1.6%. It is worth noting that the automobile manufacturing industry showed growth in operating profit despite the decline in revenue.
In addition, the computer, communications and other electronic equipment manufacturing industry in 41 subsectors, January-August revenue growth of the largest 7.3%, which is related to the epidemic under the influence of the "house economy" growth, by which a car company predicted that the next 2-3 years online sales will account for up to 30-40%.
1
National industrial enterprises above designated size are warming up
According to data released by the National Bureau of Statistics (NBS), in August, industrial enterprises above designated size realized a total profit of 612.81 billion yuan, a year-on-year increase of 19.1%, with a growth rate of 0.5 percentage points lower than that of July.
From January to August, industrial enterprises above designated size nationwide realized total profits of 3,716.65 billion yuan, down 4.4 percent year-on-year, with the rate of decline narrowing by 3.7 percentage points compared with that in January-July.
The so-called above-scale industrial enterprises, in statistics, is the annual main business income as the standard of enterprise division. Currently in China is the annual main business income of 20 million yuan for the division of standards, above-scale industry refers to the annual main business income of 20 million yuan and above the industrial enterprises; main business income of 20 million yuan in the following industrial enterprises and individual industrial operators are below-scale industry. In addition, above-scale industrial enterprises are also divided into several categories, such as extra-large enterprises, large enterprises, medium-sized enterprises, small enterprises and so on.
The data released by the National Bureau of Statistics, the total profit of industrial enterprises above designated size increased by 19.1% year-on-year in August, although the cumulative profit in the first eight months is still a year-on-year decline, but compared to the 1-7 points narrowed by 3.7 percentage points, it can be seen that in the first eight months of the country's industrial enterprises above designated size profits are warming up to a good trend.
In addition, according to data released by the National Bureau of Statistics, unit costs and expenses show a continuous decline in corporate profitability improved. Zhu Hong, senior statistician of the National Bureau of Statistics Industrial Division, said that this is a package of tax cuts and fee reductions and other relief policies continue to take effect, in August, industrial enterprises above designated size per 100 yuan of operating income in the cost of the year-on-year reduction of 0.47 yuan per 100 yuan of operating income in the cost of the year-on-year reduction of 0.02 yuan. At the same time in the business pressure to continue to ease, corporate profitability has improved significantly. in August, industrial enterprises above designated size operating income profit margin increased by 0.8 percentage points year-on-year, has been four consecutive months of year-on-year improvement.
2
Automotive industry revenue fell profit rose 1.5%
As the industrial set of automotive manufacturing industry is concerned, January to August revenue amounted to 4,788.71 billion yuan, a year-on-year decline of 1.8%, January to August operating costs amounted to 4,061.91 billion yuan, a year-on-year decline of 1.6%.
It is worth noting that the automobile manufacturing industry has shown growth in operating profit despite the decline in revenue. Data show that from January to August, the automobile manufacturing industry operating profit amounted to 3084.8, an increase of 1.5%. Accounting for 8.3% of the total profits realized by industrial enterprises above designated size.
Analysts said, the reason why the car companies appear revenue decline and profit growth, on the one hand, car companies to achieve cost reduction and efficiency, on the other hand, also shows that the automotive industry car interest rates rise.
Taking Great Wall Motor, one of the representatives of independent brands, as an example, according to the half-yearly report of Great Wall Motor in 2020, the company realized vehicle sales of 244,800 units in the second quarter, an increase of 16.72% year-on-year, and the revenue from a single vehicle was 96,100 yuan, an increase of 7.44% year-on-year, an increase of 16.31% from the previous year, and the net profit from a single vehicle was 0.74?million yuan, an increase of 107.62% year-on-year, which was the highest in nearly two years. the highest in the past two years.
In addition, according to the 2019 financial report released by Geely Automobile, the average selling price of Geely single-vehicle in 2019 amounted to 74,457 yuan showing year-on-year growth, and over the past ten years, Geely Automobile's compound annualized growth rate has reached 6.4%. In the past five years, Geely's compound growth reached 30%, becoming the first Chinese brand and entering the first camp of the automobile industry. At present, Geely's sales of models above 100,000 yuan account for more than 39%. This shows that China's auto brand premium ability is growing, which is also the reason why the auto manufacturing industry revenue fell profits rose.
3
Epidemic "house economy" drive the growth of online marketing of automobiles
In the 41 industrial categories announced by the state, the automotive prognosticator noted that the computer, communications and other electronic equipment manufacturing industry performed well. The data showed that January-August revenue was 7217.36 billion yuan, up 7.3 percent year-on-year, operating costs were 6,301.48 billion yuan, up 7.1 percent year-on-year, and operating profit was 340.95 billion yuan, up 26.1 percent year-on-year.
It is worth noting that the computer, communication and other electronic equipment manufacturing industry has become the largest year-on-year increase in operating income among the 41 major industrial categories. Unlike other industries that have been hit by the epidemic, which has led to a decline in revenue, the epidemic era has led to a rapid acceptance of the "home economy," which has led to the popularity of online and offline media industries such as computers and communications equipment.
For the automobile industry, the impact of the epidemic car companies to actively expand online sales channels. Such as consumers can realize online car watching, car selection, and even door-to-door test drive service. Some auto industry predicts that the proportion of online sales will reach 30-40% in the next 2-3 years.
4
Nearly 40% of the total profit of 41 industry categories increased year-on-year?
According to the data released by the National Bureau of Statistics, the overall profits of industrial enterprises above designated size showed a rebound to the good. In the subdivided industrial categories of industry, data show that from January to August, 41 industrial categories, there are 16 industries in the total profit year-on-year increase, higher than 12 in January-July and 9 in January-June, more than the industry turned into a profit year-on-year growth track.
Total profits from the computer, communication and other electronic equipment manufacturing industry increased 26.1% year-on-year, the special equipment manufacturing industry increased 22.9%, the agricultural food processing industry increased 17.7%, the general equipment manufacturing industry increased 7.6%, the textile industry increased 1.6%, and the electric power, heat production and supply industry increased 0.6%.
Zhu Hong, a senior statistician at the National Bureau of Statistics' industrial department, believes this is a sign of a stable recovery in production and demand. From the demand point of view, the cumulative decline in national fixed asset investment further narrowed, basically recovering to the level of the same period last year; total retail sales of consumer goods in the same month growth rate for the first time in a year turned positive. The continuous improvement of production and demand has promoted the sales growth of industrial enterprises. in August, the industrial producer price index continued to rebound, the operating income of industrial enterprises increased by 4.9% year-on-year, accelerated by 1.6 percentage points compared with July, and the expansion of the scale of production of enterprises has strongly supported the stable growth of profits.
This article comes from the author of the automobile home car family number, does not represent the views of the automobile home position.