Operation status of electronic information manufacturing industry from January to May 2022
From January to May, the added value of my country's electronic information manufacturing industry continued to grow, the growth rate of export delivery value rebounded, corporate profitability increased slightly, and investment continued to grow.
1. Added value continued to grow, while the output of major products decreased
In May, the added value of electronic information manufacturing industry above designated size increased by 7.3% year-on-year, up 2.4 percentage points from April.
From January to May, the added value of electronic information manufacturing industry above designated size increased by 9.9% year-on-year, 6.6 percentage points higher than the growth rate of industrial added value in the same period, and the same as the growth rate of high-tech manufacturing industry in the same period.
Figure 1 Cumulative growth rate of electronic information manufacturing industry and industrial added value
From January to May, among the main products, the output of mobile phones was 609 million units, a year-on-year decrease of 1.7%, of which the output of smartphones was 470 million units, a year-on-year decrease of 0.7%; the output of microcomputer equipment was 171 million units, a year-on-year decrease of 5.8%; the output of integrated circuits was 134.9 billion units, a year-on-year decrease of 6.2%.
2. The growth rate of export delivery value rebounded, and export output decreased
In May, the export delivery value of electronic information manufacturing industries above designated size increased by 6.1% year-on-year (down 6.1% in April).
In January-May, the export delivery value of electronic information manufacturing industries above designated size increased by 6.4% year-on-year, with the growth rate slightly declining by 0.1 percentage point from January-April.
Figure 2 Cumulative growth rate of electronic information manufacturing and industrial export delivery value
According to customs statistics, from January to May, my country exported 71.99 million laptops, a year-on-year decrease of 17.6%; exported 336 million mobile phones, a year-on-year decrease of 11%; and exported 116.5 billion integrated circuits, a year-on-year decrease of 7.8%.
3. Enterprise efficiency rose slightly
In January-May, the electronic information manufacturing industry above designated size realized operating revenue of 566.19 billion yuan, a year-on-year increase of 7.4%, and the growth rate fell by 18.4 percentage points from the same period last year; operating costs were 494.98 billion yuan, a year-on-year increase of 8.3%; total profits were 257.8 billion yuan, a year-on-year increase of 0.2%, and the operating profit margin was 4.6%, an increase of 0.4 percentage points from January-April.
Figure 3 Cumulative growth rate of operating income and total profit of electronic information manufacturing industry
IV. Investment maintained growth
From January to May, fixed asset investment in the electronic information manufacturing industry increased by 21.7% year-on-year, 10.6 percentage points higher than the growth rate of industrial investment in the same period, but 3.2 percentage points lower than the growth rate of investment in high-tech manufacturing.
Figure 4 Cumulative growth rate of electronic information manufacturing and industrial fixed asset investment
(Except where otherwise noted, all other statistical data in this article are from the National Bureau of Statistics or calculated accordingly)
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