The profits of the chemical raw materials and products industry increased by 37.9% in 1-9 months.

The financial data of National Bureau of statistics released in October 27th showed that industrial enterprises, in 2017 1-9 months, above scale industrial enterprises profit rose 22.8%. Among them, the oil processing, coking and nuclear fuel processing industry grew by 38.4%, and chemical raw materials and chemical products manufacturing grew by 37.9%.

In September, the profits of Industrial Enterprises above scale increased by 27.7% year on year, the growth rate was 3.7 percentage points faster than that in August, and a significant acceleration was maintained for two months in a row. The National Bureau of statistics believes that the main reasons are three points:

The growth of production and sales has been accelerated. In September, the industrial added value of above scale increased by 6.6%, up 0.6 percentage points from August, and the main business income of industrial enterprises increased by 10.8% compared to the same period last year. The growth rate is 1.2 percentage points faster than that in August.

The prices of industrial products are steadily rising. In September, the producer price of industrial producers increased by 6.9% compared with the same period last year, an increase of 0.6 percentage points over that in August, and the purchase price of industrial producers increased by 8.5% compared with the same period last year, or 0.8 percentage points higher than that in August. It is estimated that the main business revenue of enterprises increased by about 652 billion 600 million yuan due to the rise in factory prices, and the cost of main business increased by about 516 billion 400 million yuan due to the rising purchase price. Balance of payments, the profit increased by about 136 billion 200 million yuan, an increase of about 8 billion 900 million yuan more than in August.

Electric power, wine and electronics industry pull the role obviously. In September, part of UHV project put into operation and increase investment income and other effects of electricity, heat production and supply industry profits grew 22.6%, reversing the decline of 8.5% in August year-on-year profit situation; market sales increased, wine, beverage and refined tea industry profits grew 52.9%, the growth rate accelerated in August 37.4 percent; part of the brand of mobile communication products sold by the impact, computer, communications and other electronic equipment manufacturing industry profits rose 23.6%, up 2.1 percentage points higher than in August. The overall profit growth of the above 3 industries is 3.8 percentage points faster than in August.

Since the beginning of this year, with the deepening of the supply side structural reform, the quality and efficiency of the supply system have been continuously improved, the relationship between supply and demand has been steadily improved, the industrial economy has been running smoothly, and the business situation has improved significantly. The first three quarters of this year, the efficiency of industrial enterprises has improved significantly.

First, the cost is reduced and the profitability is enhanced. 1-9 months, above scale industrial enterprises the main business revenue per hundred dollars of the cost of 92.9 yuan, down 0.5 yuan; among them, the main business revenue per hundred dollars of the cost of 85.56 yuan, down 0.23 yuan; the main business revenue per hundred dollars in fees for 7.34 yuan, than the same reduce 0.27 yuan. In the month of 1-9, the profit margin of the main business income of industrial enterprises was 6.17%, which increased by 0.51 percentage points over the same period.

Two is the loss of enterprises to reduce the loss of the amount. In 1-9 months, in Industrial Enterprises above scale, the number of loss enterprises decreased by 3.4% compared to the same period of the same period, and the total loss of the loss enterprises was 18.1%.

The three is to speed up the capital turnover and improve the operating efficiency. At the end of 9, the average payback period of accounts receivable for industrial enterprises above designated size was 37.3 days, a decrease of 1 days compared with the same period last year, and the turnover days of finished products inventory were 13.7 days, a decrease of 0.6 days compared with the same period last year. In 1-9 months, the main business income of industrial enterprises per 100 yuan assets was 113.2 yuan, up 4.8 yuan compared with the same period last year, and the main business income per capita was 1 million 342 thousand yuan, up 160 thousand yuan compared with the same period last year.

The four is that the enterprise's leverage ratio decreases and the operating risk is reduced. At the end of 9, the asset liability rate of Industrial Enterprises above the scale was 55.7%, which was 0.6 percentage points lower than that of the same period. Among them, the rate of assets and liabilities of state-owned holding enterprises was 61%, which was 0.5 percentage points lower than that of the same period.

Five is the rapid growth of high-tech manufacturing industry and industrial strategic emerging industries. In the month of 1-9, the income of high tech manufacturing owners' business increased by 13.5%, and the increase in speed was 1 percentage points higher than that of all the industries above the scale. Preliminary estimates, 1-9 months, the industrial strategic emerging industry's main business revenue grew 13%, the growth rate of above scale industrial 0.5 percentage points; part of the strategic emerging industry profit growth significantly faster, high-end equipment manufacturing industry, new materials industry profits increased by 28.1%, 29.9%, were higher than the average growth rate of above scale industrial profits.