China: Industrial Enterprise - Operating Profit Margin

Macro

2026-06-27

Description

The operating profit margin of Chinese industrial enterprises is compiled and released by the National Bureau of Statistics of China (NBS of China). This indicator is the proportion of profits earned by industrial enterprises in operating income. It is an important indicator for evaluating the financial health and profitability of Chinese enterprises. A higher profit margin indicates that the company has effective cost control and good operating conditions; while a decrease in profit margin may indicate that the company is facing higher cost pressure or reduced revenue.

Note: Industrial enterprises above designated size include enterprises with annual operating income of more than 20 million yuan.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China

AI Data Insight

In Q2 2026 (as of May), the operating profit margin of China's industrial enterprises above designated size climbed to 5.56%, surpassing the previous 5.43% and setting a new high for the same period since 2024. Benefiting from the explosive global demand for AI chips, the doubled profit growth in the electronics industry became the core driver. However, traditional domestic-demand industries such as automobiles and building materials continued to decline, highlighting the hidden concerns of an overall economic imbalance characterized by "strong supply and weak demand."

AI Data Insight

In Q2 2026 (as of May), the operating profit margin of China's industrial enterprises above designated size climbed to 5.56%, surpassing the previous 5.43% and setting a new high for the same period since 2024. Benefiting from the explosive global demand for AI chips, the doubled profit growth in the electronics industry became the core driver. However, traditional domestic-demand industries such as automobiles and building materials continued to decline, highlighting the hidden concerns of an overall economic imbalance characterized by "strong supply and weak demand."

Description

The operating profit margin of Chinese industrial enterprises is compiled and released by the National Bureau of Statistics of China (NBS of China). This indicator is the proportion of profits earned by industrial enterprises in operating income. It is an important indicator for evaluating the financial health and profitability of Chinese enterprises. A higher profit margin indicates that the company has effective cost control and good operating conditions; while a decrease in profit margin may indicate that the company is facing higher cost pressure or reduced revenue.

Note: Industrial enterprises above designated size include enterprises with annual operating income of more than 20 million yuan.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China