In the second quarter of 2023, around 53.2 percent of surveyed entrepreneurs expect increased profits or reduced losses for the next quarter. Since 2015, between 50 to 60 percent of enterprises have reported positive profit expectations. The first quarter of 2020 shows the impact of COVID-19 on Chinese industrial enterprises' profit expectations.
Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023
Characteristic
Profitability index
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among industrial enterprises (excluding enterprises from Tibet)
Method of interview
Online survey
Supplementary notes
A diffusion index reflects entrepreneurs’ judgment on the profitability of the firms compared with the previous quarter. The index is derived by calculating the proportions of entrepreneurs who considered “profits increased or losses reduced” and that “both profits and losses remained unchanged”, assigning weights 1 and 0.5 to them respectively, and adding up the multiplication results.
Figures in this statistic were rounded to one decimal place. Possible discrepancies between year-on-year or quarter-on-quarter changes calculated from the figures and those published in the report were mainly due to rounding.
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People's Bank of China. (June 29, 2023). Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/
People's Bank of China. "Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023." Chart. June 29, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/
People's Bank of China. (2023). Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/
People's Bank of China. "Quarterly Profitability Index of Enterprises in China from 2nd Quarter 2016 to 2nd Quarter 2023." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/
People's Bank of China, Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/ (last visited August 25, 2024)
Quarterly profitability index of enterprises in China from 2nd quarter 2016 to 2nd quarter 2023 [Graph], People's Bank of China, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/1124663/china-quarterly-enterprise-profitability-index/
