Speaking of Fortune magazine, perhaps many people know something, among which Fortune magazine's ranking of major companies around the world has attracted widespread attention.

Speaking of Fortune magazine, perhaps many people have some understanding. Among them, Fortune magazine's ranking of major companies around the world has attracted widespread attention. In fact, since the 1990s, Fortune magazine began to rank major companies around the world. At the beginning, it adopted a selection mechanism of industry, and it was updated to cross-industry selection 15 years later. To this day, Fortune magazine has also used a cross-industry approach to assess the rankings of major companies around the world.

Under this model, the main basis for each update of Fortune magazine is achieved through the comparison of corporate revenue. That is to say, no matter which industry it is in, as long as the company develops well enough and can crush other companies in terms of revenue, it can enter the top ranking of Fortune magazine.

It should be noted that according to the requirements of Fortune magazine, the revenue data provided by companies participating in the top 500 companies must be open and transparent assets. In this way, some companies that are in person and behind the scenes are avoided, further improving the authenticity of rankings.

Some time ago, Fortune magazine re-updated the list of the 2022 Fortune 500. It is worth mentioning that the threshold for entering the Fortune 5 list of the Fortune 500 this time has been raised to US$28.6 billion. So what is the specific situation?

From the countries to which the companies listed belong, China has the largest number of companies on the Fortune 500 list, reaching 145. Compared with 2021, the mainland and Taiwan each have one more. The United States has been shortlisted for the top 500 companies in the world with 124 companies, becoming the country with the second largest number of companies on the list. Compared with 2021, the number of companies on the list in the United States has also increased by two.

However, as the world's third largest economy, Japan has only 47 companies that can enter the Fortune 500 list this time, a total of six fewer than in 2021. In addition, countries with a large number of companies listed in the Fortune 500 list are basically developed countries. For example, Germany has 28 companies on the list; France has 25 companies on the list; and Britain has 18 companies on the list.

It is worth mentioning that India and Brazil are one of the BRICS countries respectively. Although the number of companies that can enter the top 500 list of the two is not as good as some old developed countries, they are relatively considerable. Among them, India has nine companies on the list this time, and Brazil has seven companies on the list this time.

In the top ten of this list, four companies are from the United States, among which Walmart ranked first with revenue of US$1572.754 billion, and has been the world's largest company for nine consecutive years. Secondly, the American e-commerce company Amazon ranked second among the world's top 500 with revenue of US$469.822 billion. Compared with last year, Amazon's revenue this year increased by 83.758 billion, and its performance can be said to be very excellent.

As for China, there are four companies in the top 10 in the world's top 500, among which State Grid ranked third. Compared with last year, although the revenue increased by more than 70 billion US dollars, the ranking has declined. In addition, there are three other companies in China that can enter the top 500 in the world, namely PetroChina, Sinopec , and China Construction .

Not only that, in this ranking, a list of the 50 most profitable companies in the world was also announced, of which nine companies in China were on the list. For example, Industrial and Commercial Bank of China can have a net profit of US$54 billion in 2022, making it the most profitable company in China and can also rank sixth on the world list. Tencent 's net profit in 2022 reached US$34.854 billion, making it the most profitable company among all private enterprises in China and can also rank 11th on the global list.

However, Fortune Magazine also announced the 24 companies with the worst losses in 2022, and there are nine companies in China that have entered the list. Among them, the company with the most serious losses in China is China Datang Group , with a loss amount of US$2.9 billion, and it ranks 11th in the list.In addition to the huge losses of China Datang Group, a central enterprise, China Power Investment Group, China Sinochem Group and China Electronic Information Industry Group also suffered losses.

In addition, among all the companies listed in China on the top 500 in the world, the status of the largest private enterprise in China is occupied by JD Group. Judging from the regional distribution in China, the three provinces and cities with the largest number of shortlisted are Beijing, Guangdong and Shanghai. Among them, there are 54 companies in Beijing that are shortlisted for the Fortune 500, while there are 17 companies in Guangdong and 12 companies in Shanghai.

Conclusion:

Overall, how many companies in a country can enter the list of the Fortune 500 will largely represent the country's economic development level. For my country, being able to become the country with the largest number of companies listed in the world's top 500 companies is not only a manifestation of my country's sustainable economic development, but also to a certain extent demonstrates my country's future development potential.

At the same time, it should be noted that the enterprises in my country that can rank among the top 500 in the world are state-owned enterprises. Compared with the strong private economy of other countries, this is also a place where development is needed. Moreover, although the number of companies listed in my country is more than the United States, the total revenue of shortlisted companies is a total of $6 billion, which further requires my country to work harder.

Today's topic: Top 500 in the world in 2022: 124 in the United States, 47 in Japan, 9 in India, how many in my country are there?