Introduction
html On September 10, the China Enterprise Confederation and China Entrepreneurs Association released the "Top 500 Chinese Enterprises" rankings for the 16th consecutive time.Among them, a total of 46 steel companies are on the list, and seven of the top ten most profitable companies are banks.
Which companies are included in this year's "Top 500 Chinese Enterprises"? What is the operating income? What's the profit situation? Let’s take a look~
4 companies’ operating income has reached the trillion-yuan level
The list shows:
No. 1: State Grid Corporation of China (2093.972 billion yuan)
No.2: China Petrochemical Corporation (19692.20 100 million yuan)
No. 3: China National Petroleum Corporation (1,871.903 billion yuan)
No. 4: Industrial and Commercial Bank of China (1,015.266 billion yuan)
This time, a total of 4 companies have revenue reaching the trillion-yuan level.
However, among these four trillion-yuan companies, only the State Grid Corporation of China (1.09%) saw an increase in operating income. The other three companies all experienced decreases to varying degrees, especially the operating income of China National Petroleum Corporation and China Petrochemical Corporation. It has been declining for three consecutive years.
How big is the imposition of 500 Chinese companies?
In 2017, the total operating income of China's top 500 enterprises exceeded 60 trillion yuan for the first time, reaching 64.00 trillion yuan, equivalent to 86% of my country's total GDP last year. On the
list, there are 157 companies with operating income exceeding 100 billion yuan, an increase of 5 from the previous year and continuing to expand.
Among them, State Grid Corporation of China has become the only enterprise in China with operating income exceeding 2 trillion yuan, second only to Wal-Mart in the United States, and is the second largest enterprise in the world.
In the steel industry, a total of 46 companies are on the list
Among them: China Baowu Iron and Steel Group Co., Ltd., Hegang Group Co., Ltd. and Xinxing Jihua Group Co., Ltd. are among the top three , in the "2017 Ranked 44th, 49th and 70th respectively in the "Top 500 Chinese Enterprises" list. In the steel industry, companies with operating income exceeding 100 billion include Jiangsu Shagang Group Co., Ltd. (No. 84), Anshan Iron and Steel Group Corporation (No. 120), Shougang Corporation (now renamed "Shougang Group", No. 121st), Qingshan Holding Group Co., Ltd. (149th), Shandong Iron and Steel Group Co., Ltd. (150th), Zhongtian Iron and Steel Group Co., Ltd. (153rd), etc.
The steel enterprise group as a whole has turned around and the situation has improved.. However, compared with last year, the number of steel companies on the list has decreased. In 2016, Qingdao Iron and Steel Holding Group Co., Ltd. (now Qingdao Special Steel), Lingyuan Iron and Steel Group Co., Ltd., and Shandong Taishan Iron and Steel Group Co., Ltd. Did not appear on the list again in 2017. The non-ferrous metals enterprise group has overall turned around losses, but is still operating poorly, while the building materials enterprise group is operating in good condition.
In the steel industry, Baosteel and Wuhan Iron and Steel reorganized into Baowu Group last year, and their operating income in 2016 ranked first in the industry. In addition, Minmetals and MCC, which are closely related to steel, were reorganized. After the reorganization, China Minmetals ranked 26th among the top 500 Chinese companies.
The entry threshold has been significantly increased, and total assets have increased for two consecutive years.
The 2017 Top 500 Chinese Enterprises list is the 16th consecutive time that the China Enterprise Confederation and the China Entrepreneurs Association have released it to the public, based on the operating income of the enterprises.
The entry threshold for the top 500 Chinese enterprises in 2017 was 28.311 billion yuan, a significant increase of 3.965 billion yuan from the previous year. The increase was the largest since the first release of the top 500 Chinese enterprises in 2002.
In 2017, the total operating income of the top 500 Chinese companies exceeded 60 trillion yuan for the first time, reaching 64.00 trillion yuan, an increase of 7.64% over the previous year, reversing the trend of two consecutive years of decline.
In 2017, the total assets of China's top 500 enterprises reached 256.13 trillion yuan, a year-on-year increase of 13.38%; compared with the previous year's total assets of the top 500 companies, which were 223.27 trillion yuan, an increase of 14.76%, marking two consecutive years of growth.
It is worth mentioning that among the total assets of 256.13 trillion yuan, the total assets of 34 banks, insurance, and diversified financial companies with high debt operating characteristics reached 167.20 trillion yuan, accounting for 65.28% of the total assets of the top 500. The proportion increased by 0.53 percentage points compared with the previous year, and non-financial assets accounted for about 1/3.
With the increasing number of insurance companies and diversified financial companies in China, the proportion of financial assets in the total assets of the top 500 Chinese companies may exceed 2/3 in the future.
The total tax payment of China's top 500 enterprises has experienced negative growth for the first time in five years.
In 2017, the total tax payment of China's top 500 enterprises was 3.88 trillion yuan, a year-on-year increase of 2.65%. Compared with the previous year, the total tax payment of the top 500 enterprises was 4.04 trillion yuan, a decrease of 4.12%, the first in five years. Negative growth occurred once.
The proportion of state-owned enterprises fell below 60% for the first time.
In 2017, there were ,274 state-owned and state-controlled enterprises and 226 private enterprises among the top 500 Chinese enterprises, accounting for 54.8% and 45.2% of the 500 enterprises respectively. State-owned enterprises are on the list. The number has decreased significantly compared with the previous year. This is the first time since the release of the list of China's top 500 companies in 2002 that the number of state-owned enterprises accounted for less than 60%.
Although the number of state-owned and state-controlled companies has dropped below 60%, they still dominate other indicators of the top 500 Chinese companies.
Among the top 500 Chinese enterprises in 2017, state-owned enterprises accounted for 71.83%, 86.19%, 71.76%, 85.87%, and 74.72% respectively in terms of operating income, assets, net profits, tax payments, number of employees and other indicators. The majority of the "total plate"; the above indicators of private enterprises accounted for 28.17%, 13.81%, 28.24%, 14.13%, and 25.28% respectively. Judging from the top 500 Chinese enterprises in 2017, the control and influence of the state-owned economy on the national economy has not been weakened.
Financial and real estate companies are growing rapidly
A major feature of the newly shortlisted companies is that financial and real estate companies are still growing rapidly.
There are three newly shortlisted insurance companies: Anbang Insurance , Fude Life Insurance, and Qianhai Life Insurance Co., Ltd. There are three newly shortlisted banks: Shengjing Bank Co., Ltd. , Hengfeng Bank Co., Ltd. , and Shanghai Rural Commercial Bank Co., Ltd.
There are 9 new real estate companies shortlisted: Country Garden Holdings Co., Ltd., Shimao Real Estate Holdings Co., Ltd., Gemdale (Group) Co., Ltd., Longfor Real Estate Co., Ltd. , China Fortune Land Development Co., Ltd., Guangzhou R&F Real Estate Co., Ltd., Agile Real Estate Holdings Co., Ltd., Beijing Jiangnan Investment Group Co., Ltd., and Beijing Capital Development Holdings (Group) Co., Ltd.
BATJ entered the list
Among the top 500 Chinese companies in 2017, there are 6 companies in the Internet application layer, including 4 platform Internet companies: Baidu (213), Alibaba (103), Tencent (109) ), Jingdong (59 people)
Jingdong, Alibaba, and Tencent have all entered the world's top 500 in 2017 after ultra-rapid growth in 2016 (operating revenue growth rate of about 50%) ; Alibaba and Jingdong's huge e-commerce The platform and credit system have significantly reduced consumers' information search costs and transaction costs, making it easier for market supply and demand to achieve a "thrilling jump". At the same time, they have also enabled China's strong purchasing power to exert global influence; Alibaba Alipay and Tencent’s WeChat Pay have enabled China to leapfrog the credit card era and enter a quasi-cashless society.
html Do all the top 1500 companies make money?
is not true.
Among the top 500 Chinese companies in 2017, there were 43 loss-making companies, accounting for 8.6% of the total, which was a significant decrease from 14.4% of the previous year; the losses of 43 companies reached 57.623 billion yuan, which was also a significant decrease from the previous year. Among these 43 loss-making enterprises, there are 10 coal enterprises (a decrease of 7 enterprises from the previous year), 8 steel enterprises (a decrease of 13 enterprises from the previous year), and 8 non-ferrous metal enterprises (a decrease of 3 enterprises from the previous year). It can be seen that the "overcapacity reduction" in key industries such as coal and steel has achieved remarkable results.
html Which companies have the worst profitability among the top 1500 companies?
The ten companies with the largest losses are, in order, Ansteel Group , Henan Energy and Chemical Industry Group, Shandong Iron and Steel Group , Baotou Iron and Steel Group, JD.com, Jinchuan Group , Yunnan Metallurgical Group, China Minmetals Group , and China Ping An Steel Group. Coal Shenma Energy and Chemical Group, and ZTE Corporation.
Generally speaking, state-owned enterprises are still the main targets for "relief".
html Which companies among the top 1500 companies make the most money?
Bank, bank, bank!
The five major banks of Industry, Construction, Agriculture, China and Communications, plus the China Development Bank, 6 banks have a total profit of more than 1 trillion yuan, accounting for more than 36.6% of the total profits of the top 500; and 245 of the top 500 manufacturing companies Industrial enterprises achieved a total net profit of 549.310 billion yuan, accounting for 19.53% of the total net profit of the top 500 companies. The total profits of 245 banks are only half of the profits of 6 banks.
