Profits earned by China's industrial firms increased by 13.6 percent year-on-year to CNY 5.52 trillion in the first ten months of 2018, easing from a 14.7 percent rise during the January to September period. Profits earned by state-owned enterprises surged 20.6 percent and those earned by private firms went up 9.3 percent. Among the 41 industries surveyed, 34 posted year-on-year profit. Coal mining and washing industry; oil and natural gas mining; agricultural and sideline food processing; chemical raw materials & chemical product manufacturing; non-metallic mineral products industry; and ferrous metal smelting and rolling processing industry were among the main drivers of profit growth. Meanwhile, there were declines in profits for non-ferrous metal mining and processing industry; other mining industry; and automotive manufacturing. Considering October only, industrial profits rose by 3.6 percent to CNY 548.0 billion, compared to a 4.1 percent gain in September. Corporate Profits in China averaged 1566550.51 CNY Million from 1996 until 2018, reaching an all time high of 7518710 CNY Million in December of 2017 and a record low of 1617 CNY Million in February of 1998.

Corporate Profits in China is expected to be 7700000.00 CNY Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in China to stand at 4372988.05 in 12 months time. In the long-term, the China Total Industrial Profits is projected to trend around 8250000.00 CNY Million in 2020, according to our econometric models.

China Total Industrial Profits
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-27 01:30 AM Industrial Profits (YTD) YoY 17.1% 17.2%
2018-09-27 01:30 AM Industrial Profits (YTD) YoY 16.2% 17.1%
2018-10-27 01:30 AM Industrial Profits (YTD) YoY 14.7% 16.2%
2018-11-27 01:30 AM Industrial Profits (YTD) YoY 13.6% 14.7%
2018-12-27 01:30 AM Industrial Profits (YTD) YoY 13.6%
2019-01-26 01:30 AM Industrial Profits (YTD) YoY 7.7e+006%
2019-03-27 01:30 AM Industrial Profits (YTD) YoY


China Business Last Previous Highest Lowest Unit
Business Confidence 50.00 50.20 59.20 38.80 Index Points [+]
Services PMI 53.80 50.80 54.70 50.00 Index Points [+]
Non Manufacturing PMI 53.40 53.90 62.20 50.80 percent [+]
Manufacturing PMI 50.20 50.10 52.30 47.20 [+]
Industrial Production 5.90 5.80 29.40 -21.10 percent [+]
Industrial Production Mom 0.48 0.48 1.32 0.13 percent [+]
Manufacturing Production 6.10 5.70 11.40 5.70 percent [+]
New Orders 50.40 50.80 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2547800.00 2380127.00 3060271.00 88416.00 [+]
Car Production 2002200.00 2024800.00 2669100.00 215533.00 Units [+]
Car Registrations 2046800.00 2060500.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 82552.00 80845.00 82552.00 4918.00 Thousand Tonnes [+]
Mining Production 3.80 2.20 7.90 -3.80 percent [+]
Capacity Utilization 76.50 76.80 78.00 72.90 percent [+]
Competitiveness Index 72.61 71.76 72.61 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 51.90 50.50 53.70 48.00 [+]
Cement Production 22043.20 20781.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 41.00 40.00 41.00 21.60 Points [+]
Corruption Rank 77.00 79.00 100.00 40.00 [+]
Corporate Profits 5521180.00 4917340.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 533000.00 548300.00 640500.00 41760.00 Gigawatt-hour [+]


China Total Industrial Profits

In China, corporate profits refer to total profits of all state-owned industrial enterprises and non-state-owned industrial enterprises with the annual sales revenue above 5 million yuan. This page provides - China Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Industrial Profits - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5521180.00 4917340.00 7518710.00 1617.00 1996 - 2018 CNY Million Monthly
Current prices, NSA, CMVL




Country Last Previous
China 5521180.00 Oct/18
United Kingdom 114178.00 Sep/18
Australia 90221.00 Sep/18
Canada 85053.00 Sep/18
Japan 18284.72 Sep/18
Russia 10151.70 Sep/18
United States 2073.50 Sep/18
Germany 192.30 Sep/18


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