Abstract "Fortune" magazine released the list of the world's top 500 companies in the evening of 20th Beijing time. The number of listed companies in China increased by 4 to 110, ranking second in the world after the United States; among the top five in the list, State Grid, PetroChina and Sinopec are divided into two, three and four...
US Fortune magazine released the list of the world's top 500 companies in the evening of 20th Beijing time. China's list of companies increased by 4 to 110, ranking second in the world after the United States; among the top five countries in the list, the country The grid, PetroChina and Sinopec are ranked second, third and fourth. The reporters combed the list and found that the top 500 Chinese companies on the list showed a continuous increase in the number and a general trend of moving forward. However, there were also new changes in the number of companies with decreasing rankings and the increase in loss-making enterprises, indicating that China is on the list. The structure of the enterprise is unreasonable and the profitability is weak.
The list of companies has continued to increase and ranks generally . Of the 110 Chinese companies on the list, 103 are from the Mainland and Hong Kong, an increase of 3 from the previous year; 7 from Taiwan, an increase from the previous year. This is the number of companies listed in China has increased for 13 consecutive years.
According to the statistics of the reporters, there are 11 Chinese companies in the top 50 list, 10 fewer than the US; 41 of the top 150 Chinese companies, 9 fewer than the United States. Among the three Chinese companies that ranked in the top ten rankings, the State Grid rose from the 7th place in the previous year to the 2nd place, PetroChina rose 1st to 3rd, and Sinopec ranked 4th, but these 3 companies In 2015, operating income declined. The rankings of 62 Chinese companies on the list have risen. Among them, COFCO has risen sharply from 121nd last year to 121. Huaxin Energy, HNA Group and Everbright Group have risen more than 100, and Huawei has risen from 228 to 129. . 13 companies including Jingdong, Midea, Vanke and Evergrande made their debut.
On the list of the world's 50 most profitable companies in the world, Apple Inc. replaced ICBC with the annual profit of 53.394 billion US dollars, with an annual profit of 9.3 billion US dollars more than ICBC; 23 of these 50 companies are US companies. And 13 Chinese companies, but 8 of the 13 Chinese companies and 1 insurance company.
Ranking fell enterprises increased loss-making enterprises increased According to Reporters statistics, the short-listed in the world top 500 enterprises in China, ranking decline of 25, similar to last year, but an increase of 15 over the previous year. In addition, there are 65 loss-making enterprises in the world's top 500 this year, including 21 Chinese companies, an increase of 7 from the previous year, the highest in history.
"The number of companies in the rankings has increased and the number of loss-making enterprises has increased. This is a major change in China's listed companies this year, and it also reflects the structural defects of China's large enterprises." Zhou Fangsheng, vice president of the China Enterprise Reform and Development Research Association, said that China has Many listed companies are concentrated in the field of heavy chemical industry. Some enterprises have fallen or lost their ranks. They have external causes of the global economic downturn and cyclical changes in the industry, but they also need to see their own shortcomings; if the company's technology, management, etc. At the leading level in the global industry, we can also cope with changes in the external environment.
The reporter analyzed that 18 of the 21 loss-making Chinese enterprises belonged to the heavy chemical industry. China Minmetals lost 1.68 billion US dollars, making it the most profitable Chinese listed company.
According to "Fortune" magazine statistics, among the 52 industries in which the world's top 500 companies belong, Chinese companies are concentrated in only half of the industries; in addition to the financial industry, Chinese companies are in the clothing, home, health care, entertainment, information services, etc. The industry has paid a "white roll".
Financial companies have too much profit, and state-owned enterprises need to speed up reforms According to "Fortune" magazine, the average operating income of China's 110 listed companies is 57.1 billion US dollars, and the average profit is 3.2 billion US dollars, which is 1.9 billion higher than the average of the world's top 500 enterprises. The US dollar and 200 million US dollars, but far lower than the average US business income of 63.2 billion US dollars, the average profit of 5.1 billion US dollars.
What is more noteworthy is that there are 10 banks among the 103 listed companies in the Mainland and Hong Kong. The total profits of these 10 banks reached 181.6 billion US dollars, accounting for 55% of the total profits of 103 enterprises. In addition to these 10 banks, The average profit of the remaining 93 non-banking companies is only 1.6 billion US dollars; after subtracting 5 listed insurance companies, the average profit of the remaining 88 non-financial companies is only 1.45 billion US dollars, lower than the profitability of listed companies in many countries.
“Financial enterprises, especially banks, have obtained too much profit, and the profits of entity companies are obviously insufficient.†Zhou Fangsheng said that the factors causing this situation are multi-faceted, and it is necessary to reduce the financial burden of the entity through comprehensive reforms.
In addition, most of China's listed companies with declining rankings and losses are state-owned enterprises. Zhou Fangsheng said that the most urgent task of current state-owned enterprises is to speed up the pace of reform and solve the problems in development by means of reform.
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