Profits earned by China's industrial firms increased by 14.7 percent year-on-year to CNY 4.97 trillion in the first nine months of 2018, easing from a 16.2 percent rise during the January to August period. Profits of state-owned industrial enterprises surged 23.3 percent and those of the private sector went up 9.3 percent. Among the 41 industries surveyed, 34 posted year-on-year profit. Oil, coal & other fuels industries, chemical raw materials & chemical product manufacturing, non-metallic mineral products industry,ferrous metal smelting and rolling processing industry were among the main drivers of profit growth. Meanwhile, there was a decline in profits in non-ferrous metal smelting & rolling processing industry and automotive manufacturing. Considering September alone, industrial profits increased 4.1 percent to CNY 545.5 billion, slowing from a downwardly revised 5.1 percent rise in August. Corporate Profits in China averaged 1551208.23 CNY Million from 1996 until 2018, reaching an all time high of 7518710 CNY Million in December of 2017 and a record low of 14.70 CNY Million in September of 2018.

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 14.7%
2018-12-27 01:30 AM Industrial Profits (YTD) YoY


China Business Last Previous Highest Lowest Unit
Business Confidence 50.20 50.80 59.20 38.80 Index Points [+]
Services PMI 50.80 53.10 54.70 50.00 Index Points [+]
Non Manufacturing PMI 53.90 54.90 62.20 50.80 percent [+]
Manufacturing PMI 50.10 50.00 52.30 47.20 [+]
Industrial Production 5.80 6.10 29.40 -21.10 percent [+]
Industrial Production Mom 0.50 0.53 1.32 0.13 percent [+]
Manufacturing Production 5.70 6.10 11.40 5.70 percent [+]
New Orders 50.80 52.00 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2380100.00 2394062.00 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 80845.00 80326.00 81241.00 4918.00 Thousand Tonnes [+]
Mining Production 2.20 2.00 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 50.50 52.10 53.70 48.00 [+]
Cement Production 20781.00 20018.00 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 4917340.00 4424870.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 640500.00 640000.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4917340.00 4424870.00 7518710.00 1617.00 1996 - 2018 CNY Million Monthly
Current prices, NSA, CMVL




Country Last
China 4917340.00 Sep/18
United Kingdom 114178.00 Sep/18
Australia 88467.00 Jun/18
Canada 76692.00 Jun/18
Japan 26401.12 Jun/18
Russia 8572.00 Aug/18
United States 2007.53 Jun/18
Germany 201.20 Jun/18


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