Profits earned by China's industrial firms rose by 10.3 percent from a year earlier to CNY 6.64 trillion in 2018, easing from 2017's robust pace of 21 percent. Profits earned by state-owned enterprises increased 12.6 percent and those earned by private firms went up 11.9 percent. Among the 41 industries surveyed, 32 posted year-on-year profit. The main contributors to the rise in profits were the extraction of oil and natural gas, the non-metallic mineral products industry, the smelting and rolling of ferrous metals and chemical raw materials and their manufacturing. Meanwhile, there were profit losses in non-ferrous metal smelting & rolling processing industry; automotive manufacturing; and computer, communications and other electronic devices. Considering December alone, industrial profits fell 1.9 percent to CNY 680.8 billion, the second straight month of decline. Corporate Profits in China averaged 1633594.45 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 1720000.00 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 8200000.00 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
2018-09-27 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 11.8% 13.6%
2019-02-27 01:30 AM Industrial Profits (YTD) YoY 10.3%
2019-03-27 01:30 AM Industrial Profits (YTD) YoY
2019-05-27 01:30 AM Industrial Profits (YTD) YoY


China Business Last Previous Highest Lowest Unit
Business Confidence 49.50 49.40 59.20 38.80 Index Points [+]
Services PMI 53.60 53.90 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.70 53.80 62.20 50.80 percent [+]
Manufacturing PMI 48.30 49.70 52.30 47.20 [+]
Industrial Production 5.70 5.40 29.40 -21.10 percent [+]
Industrial Production Mom 0.54 0.37 1.32 0.13 percent [+]
Manufacturing Production 5.50 5.60 11.40 5.50 percent [+]
New Orders 49.60 49.70 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2661500.00 2547800.00 3060271.00 88416.00 [+]
Car Production 2054600.00 2122900.00 2669100.00 215533.00 Units [+]
Car Registrations 2233100.00 2173500.00 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 76121.00 77621.00 82552.00 4918.00 Thousand Tonnes [+]
Mining Production 3.60 2.30 7.90 -3.80 percent [+]
Capacity Utilization 76.00 76.50 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 50.90 52.20 53.70 48.00 [+]
Cement Production 18394.00 20521.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 6635140.00 6116880.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 620000.00 554300.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6635140.00 6116880.00 7518710.00 1617.00 1996 - 2018 CNY Million Monthly
Current prices, NSA, CMVL




Country Last Previous
China 6635140.00 Dec/18
United Kingdom 112291.00 Dec/18
Australia 90221.00 Sep/18
Canada 85053.00 Sep/18
Japan 18284.72 Sep/18
Russia 12842.20 Nov/18
United States 2076.82 Sep/18
Germany 192.30 Sep/18


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