In this era of market economy globalization, there are thousands of enterprises, each with different sizes and long or short life cycles. So, which companies have the highest revenue in each country in the world in 2020?

In this era of market economy globalization, there are thousands of enterprises, each with different sizes and long and short life cycles. Behind all these different factors is a financial indicator - operating income.

Sales revenue is the cornerstone of a company's profits and a prerequisite for its survival and development.

This may be the reason why " Fortune ", the world's most authoritative enterprise ranking organization, considers operating income as the first consideration in the "Fortune 500" rankings.

So, which companies in the world have the highest revenue in 2020?

1, United States Walmart

If you look at the market value alone, compared with Apple Inc. (US$2.64 trillion), the US's largest market value, Walmart, which is US$403.7 billion, is 6.6 times the former. But when it comes to operating income, this supermarket chain, which has been established for nearly 60 years and has long dominated the global retail industry, has an operating income of US$559.1 billion in 2020, which is more than Apple’s revenue last year (US$274.5 billion). More than twice as much.

However, the profits of the traditional retail industry are still difficult to match those of electronic technology products. With such high revenue, Wal-Mart's net profit is only US$13.51 billion, less than 1/4 of Apple's US$57.41 billion.

Counting this time, Wal-Mart has been at the top of the Fortune 500 for 8 consecutive years.

2, China State Grid

Although it has several listed companies, State Grid itself is still an unlisted state-owned enterprise. However, this does not affect its operating income last year, surpassing the "two barrels of oil" and the "four major banks" and ranking first among Chinese companies.

In 2020, State Grid's operating income was US$386.6 billion and net profit was US$5.58 billion.

Some people say that the revenue of China Tobacco should be greater than this number, but it is not the case. According to data from WHO, China’s total tobacco consumption last year was only US$240 billion.

The low profits of State Grid are largely due to the low electricity prices in our country. This has resulted in State Grid’s net profit being only 1/8 of (457.8) even though its revenue is more than twice that of “Universe Bank”. scale.

It is worth mentioning that State Grid, established on December 29, 2002, is the youngest among the top companies in each country.

3, Japan Toyota Motor

With operating revenue of US$256.7 billion in 2020, Toyota Motor Corporation is not only the global corporate sales champion, but also the No. 1 sales among all Japanese companies. In addition, Toyota Motor is also the market value champion (256.5 billion U.S. dollars) and profit champion (21.18 billion U.S. dollars) among Japanese companies.

I have to say that despite the ever-changing automotive industry and the emerging new energy reforms, this old car company founded in 1937 still lags behind its peers in its market position.

4, Germany Volkswagen Group

is also an automobile giant founded in 1937. Volkswagen Group and Toyota Company have been in a state of chasing each other in the industry for a long time. In 2020, Volkswagen Group's operating income was US$264 billion, which is almost the same as Toyota. But in terms of net profit, the Volkswagen Group is only US$10.1 billion, less than half of Toyota.

5, South Korea Samsung Electronics

As the absolute leading company in South Korea, Samsung Electronics' revenue in 2020 was US$200.7 billion, ranking 15th among the world's top 500, with a net profit of US$22.1 billion. If we look further into the statistics, its parent company Samsung Group 's revenue in 2020 will be approximately US$301.2 billion. This number can rank fourth among the world's top 500 companies, second only to Walmart and Amazon in the United States. and China’s State Grid.

6, UK British Petroleum

Founded in 1909, BP is a veritable century-old oil company and one of the four famous European and American oil companies. Although BP experienced unfavorable factors such as the oil price war and the sharp drop in oil prices in 2020, and was forced to survive by breaking its arms, its revenue was still US$183.5 billion, but its net profit was a loss of US$20.3 billion.

7, Royal Dutch Shell

The Netherlands has many well-known companies, such as Heineken , Philips Electronics, Unilever , Dutch International Group , Akzo Nobel, etc., but Royal Shell Oil is indeed the number one, with its revenue in 2020 being US$183.2 billion. Due to the same difficulties as BP, Royal Shell lost $21.68 billion last year.

8, Singapore Trafigura

Many people may have never heard of this company, and they are surprised that Singapore an island country has such a "behemoth". Trafigura Group is one of the world's leading bulk commodity trading companies, with oil and non-ferrous metals being its key businesses. Trafigura Group's revenue in 2020 was US$147 billion, ranking 31st among the world's top 500 companies. Its net profit was not high, only US$1.7 billion.

9, French AXA Group

AXA Group is one of the world's largest insurance groups. Founded in 1816, it is the oldest among the top companies in each country, 186 years older than the youngest China State Grid . In 2020, AXA Group’s revenue was US$128 billion and net profit was US$3.6 billion.

10, Italy Generali Insurance Company

Like AXA Group, Generali Insurance is also the oldest financial institution in Europe, founded in 1831. The company's revenue in 2020 was US$97.1 billion and net profit was US$1.99 billion.

11, Switzerland Nestlé

One of the world's largest food manufacturers, with a revenue of US$89.8 billion in 2020, it surpassed UBS and Credit Suisse to become the first among major Swiss companies, and its net profit It is also very impressive, reaching 13 billion US dollars.

12, Gazprom

This company is the "God of Wealth" in Russia. Export, foreign exchange, and taxation are all inseparable from it. In 2020, Gazprom's revenue was US$87.9 billion and net profit was US$1.87 billion.

13, Spain’s National Bank

had revenue of US$73.6 billion in 2020 and a net profit of -US$9.99 billion.

14, India Reliance Industries

is India’s absolute ace company and the richest company in Asia. In 2020, its revenue was US$62.9 billion and its net profit was US$6.6 billion.

15, Canada Brookfield Asset Management Company

had revenue of US$62.7 billion in 2020 and a net profit of US$130 million.

16, Brazil’s national oil company

had revenue of US$56.7 billion in 2020 and a net profit of US$1.14 billion.

17, Finland Fortum Company

is mainly engaged in natural gas , oil, solar energy and other energy businesses. In 2020, its revenue was US$55.8 billion and its net profit was US$2.07 billion.

18, Luxembourg ArcelorMittal

steel manufacturer, with revenue of US$53.3 billion in 2020 and net profit of -US$730 million.

19, Thailand’s national oil company

had revenue of US$51.6 billion in 2020 and a net profit of US$1.2 billion.

20, Belgium Anheuser-Busch InBev

Drinking friends are no stranger to this company. In 2020, its revenue was US$47.4 billion and its net profit was US$1.4 billion.

21, Mexico America Telecom

has revenue of US$47.3 billion in 2020 and net profit of US$2.18 billion.

22, Norway Equinor Company

is an oil company with revenue of US$45.8 billion in 2020 and a net profit of -US$5.5 billion.

23, Ireland Accenture

The world's largest listed consulting company, with revenue of US$44.3 billion and net profit of US$5.1 billion in 2020.

24, Australia's BHP Billiton Group

ranks 273 in the world, benefiting from the global price increase of iron ore, 2020 Annual revenue of BHP Billiton was US$42.9 billion and net profit was US$8 billion.

25, Malaysia’s national oil company

ranks 277 in the world, with revenue of US$42.5 billion in 2020 and net profit of US$5.68 billion.

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