The world's top 500 list of refraction China business trends changed and unchanged
Release time:
2016-08-12 02:13
US "Fortune" magazine in Beijing on the evening of 20 released a list of Fortune 500 companies in 2016, Chinese companies on the list increased 4-110, after the United States ranked second in the world; the top five in the list, the state grid, PetroChina, Sinopec ranked second, third and fourth.
Reporters combed found the list, the list of the world top 500 Chinese enterprises showing a continued increase in the number of general trends ranking forward, but there has also been an increase in the number of companies ranking dropped, the new changes in loss-making enterprises increased, showing that China list business structure is irrational, weak profitability and other features.
Top companies continued to increase, ranking the universal forward
The list of 110 Chinese enterprises, there are 103 from the mainland and Hong Kong, an increase of 3 over the previous year; there are seven from Taiwan, an increase over the previous year. This has increased the number of Chinese companies on the list for 13 consecutive years.
According to Reporters statistics, list the top 50 in 11 Chinese companies, 10 less than in the US; the top 150 Chinese enterprises in 41, nine fewer than the United States. The rank in the top ten list of three Chinese companies, the national grid rose from seventh last year to the first two, a rise in oil through 3, ranked No. 4 in the petrochemical industry, but three companies 2015 annual revenues are declining. There are 62 on the list of Chinese companies in the rankings, which COFCO, up from 272 last year's sharply to 121, Watson energy, HNA Group, China Everbright Group moved up more than 100, Huawei increased from 228-129 . Jingdong, the United States, China Vanke, Hengda 13 companies honored for the first time.
In the last year the world's most profitable 50 companies list, the US Apple to replace the annual profit $ 53,394,000,000 Commercial Bank of China topped the list, an annual profit of ICBC more than $ 9.3 billion; of these 50 companies, 23 US companies and 13 Chinese companies, but 13 Chinese companies have eight banks and an insurance company.
Ranking dropped enterprises increased, increasing loss-making enterprises
According to Reporters statistics, the finalists of the world's top 500 Chinese enterprises, ranking decline of 25, similar to last year, but an increase of 15 over the previous year. In addition, this year's Fortune 500 companies in 65 losses, including 21 Chinese companies have, over the previous year increased by seven, the biggest this year.
"Ranking dropped increased business, increased loss-making enterprises, this is a big change this year, China's top companies, also reflects structural defects Chinese large enterprises." Vice president of China Enterprise Reform and Development Research Council released Zhou said China had many top companies concentrated in heavy chemical industry, some companies ranking dropped or loss of both the global economic downturn and external causes periodic changes in the industry, but also to see their own shortcomings; if the enterprise technology and management living in the world leading level, can calmly deal with the external environment changes.
Reporter analysis found that 21 Chinese enterprises losses, 18 companies belonging to the heavy chemical industry, China Minmetals loss of $ 1.68 billion, becoming the largest loss of Chinese companies on the list.
According to "Fortune" magazine statistics, in the 52 industries in the world top 500 belongs, Chinese enterprises only focus on trade among the half; in addition to the financial sector, Chinese companies in the apparel, home, health care, entertainment, information services and other tertiary industries pay a "quiz."
Financial corporate profits too, needs to accelerate the reform of state-owned enterprises
According to "Fortune" magazine statistics, the average revenue of Chinese 110 top companies was $ 57.1 billion, with an average profit of $ 3.2 billion, up $ 1.9 billion and $ 200 million respectively, compared with the average Fortune 500 companies, but much lower than US top companies average revenue $ 63.2 billion, the average profit level of $ 5.1 billion.
It is worth noting that 103 top companies in the Mainland and Hong Kong, there are 10 banks, 10 banks total profit which reached $ 181.6 billion, accounting for 55% of the 103 total corporate profits; In addition to these 10 banks, average profit remaining 93 non-bank companies, only $ 1.6 billion; minus five on the list of the insurance companies, the average profit of the remaining 88 non-financial companies is only $ 1.45 billion, lower than many countries in the list of corporate profitability.
"Financial companies, especially banks get too much profit entity corporate earnings clearly insufficient." Zhou released, she said factors causing this situation is multifaceted, comprehensive reform needs to effectively reduce the financial burden on business entities.
In addition, China and the majority of the decline in ranking companies on the list are state-owned loss-making enterprises. Zhou release said that the current state-owned enterprises most urgent task is to accelerate the pace of reform in order to reform to crack development problems.
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