2019 instrument manufacturing industry realized a total profit of 70.04 billion yuan

February 3, the National Bureau of Statistics released the 2019 profit growth situation of industrial enterprises above designated size, in 2019 the country’s industrial enterprises above designated size achieved a total profit of 6.19955 trillion yuan, down 3.3 percent over the previous year (on a comparable basis, consider statistical system provisions caliber adjustment, enhanced law enforcement statistics, eliminate duplicate data, stripped enterprise reform, the four units of inventory by S & P and other factors, see Note IV). Among them, 2019 instrumentation manufacturing a total profit of 70.04 billion yuan CONTROL ENGINEERING China Copyright , an increase of 5.9%.
each month accumulative operating revenue and gross profit growth
2019 , above-scale industrial enterprises, state-owned holding enterprises realized a total profit of 1.63555 trillion yuan, compared with last year decreased 12.0%; total joint-stock enterprises realized profits of 4.52839 trillion yuan control Engineering Copyright , down 2.9%; foreign and Hong Kong, Macao and Taiwan-invested enterprises realized a total profit of 1.558 trillion yuan, down 3.6%; private enterprises realized profits total 1.81819 trillion yuan control Engineering Copyright , an increase of 2.2%. 2019 , the mining industry realized a total profit of 527.53 billion yuan, an increase of 1.7% over the previous year; manufacturing industry realized a total profit of 5.19039 trillion yuan Control Engineering Copyright , fell 5.2%; electricity, heat, gas and water production and supply industry realized a total profit of 481.63 billion yuan, an increase of 15.4%. 2019 , in 41 industrial sectors, 28 industry total profit increase over the previous year, a decrease of 13 industries. The main industry profits as follows: electricity, heat production and supply industry total profit growth over the previous year by 19.0%, special equipment manufacturing industry increased 12.9%, electrical machinery and equipment manufacturing industry increased by 10.8%, non-metallic mineral products industry increased by 7.5 percent, agriculture Food processing industry increased by 3.9%, general equipment manufacturing industry increased by 3.7%, computer, communications and other electronic equipment manufacturing industry increased by 3.1%, oil and naturalGas extraction industry increased 1.8%, non-ferrous metal smelting and rolling processing industry increased 1.2%, oil, coal and other fuel processing industry fell 42.5%, ferrous metal smelting and rolling processing industry decreased 37.6%, chemical materials and chemical products manufacturing dropped 25.6 %, 15.9% decline in the automotive industry, the textile industry fell 10.9%, coal mining and washing down 2.4%. 2019 , above-scale industrial enterprises realized revenue of 105.78 trillion yuan, an increase of 3.8% over the previous year; operating costs incurred 88.94 trillion yuan, an increase of 4.1%; operating income margin was 5.86%, 0.43 percentage points lower than the previous year. December 2019, above-scale industrial enterprises realized a total profit of 588.39 billion yuan Control Engineering Copyright , down 6.3% in November year on year increase of 5.4%.
above-scale industrial enterprises in 2019 the main financial indicators (by industry)

National Bureau of Industry Division Senior Statistician Zhu Hong profit growth performance over 2019 large-scale industrial enterprises in the interpretation. 2019 , face risks and challenges at home and abroad significantly increased the complexity of the environment, the country’s industrial economic front, thoroughly implement the Party Central Committee and State Council decision to deploy, and promote supply-side structural reforms, industrial sales growth CONTROL ENGINEERING China Copyright Beneficial structural improvement. But by the lack of market demand factors, industrial prices, rising costs, profits of industrial enterprises decreased. First, the above-scale industrial enterprises in 2019 profits declined by multiple factors in 2019 , above-scale industrial enterprises realized a total profit of 6.19955 trillion yuan, down 3.3% over the previous year, mainly due to the following factors: First, sales of industrial products declined. 2019 , above-scale industrial enterprises operating income increased 3.8%, the growth rate down 4.8 percentage points over the previous year. Second, rising costs squeeze profit margins. 2019 Www.cechina.cn , the cost per hundred yuan revenue of industrial enterprises above designated size was 84.08 yuan, 0.18 yuan increase over the previous year, mainly raw materials, rising labor costs. Third, steel, petrochemical, automotive and other key role in boosting industry profits fell significantly. 2019 , iron and steel, chemical, automotive, petroleum processing industry profits fell 37.6% over the previous year, respectively, 25.6%, 15.9% and 42.5%, the total impact of large-scale industrial enterprises profit growth down 7.4 percentage points over the previous year. Fourth, individual industries and companies to dramatically asset impairment loss. The measure, individual industries and enterprises in 2019 a substantial asset impairment losses, profits of industrial enterprises above designated size affect the growth rate down 1.2 percentage points over the previous year. Second, the efficiency of industrial enterprises presented structural improvement in 2019 despite profits of industrial enterprises decreased, but the benefits of structural improvement in the situation presented, mainly as follows: First, high-tech manufacturing and strategic emerging industries to maintain profit growth. 2019 , high-tech manufacturing and strategic emerging industries profit growth over the previous year, respectively, 4.8% and 3.0%, significantly better than the industry average for above-scale; and high-tech manufacturing strategy emerging industry profits accounted for the proportion of above-scale industrial profits increased by 1.2 and 1.6 percentage points higher than last year. Second, the private sector and small businesses to maintain profit growth. In recent years, the state introduced tax cuts drop fee, decentralization, innovation support, financial support and a series of policy measures to promote private enterprises to small and micro enterprise development to create a good environment for the private small and micro enterprise development. 2019 , the private sector and small businesses profit growth over the previous year, respectively, 2.2% and 5.0%, showing a steady growth. The third is more profit to grow the industry. 2019 , in 41 industrial sectors, 28 industry profits than the previous year, accounting for more than Liu Cheng. Nine of double-digit profit growth industry, electricity and heat production and supply industry, electrical machinery and equipment manufacturing, special equipment manufacturing industry, alcoholic beverages and refined tea manufacturing profit growth over the previous year were 19.0%, 10.8%, 12.9% And 10.2%. These four industries together to pull profits of industrial enterprises above designated size increased by 2.3 percentage points over the previous year. Also , building materials, pharmaceutical manufacturing, food manufacturing and other industries also profit growth between 5% -10%.


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