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The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

Text: Wei Xi

Looking at the future development potential of a city, in addition to its own GDP output value and economic development level, there is also the development level of enterprises, such as the number of A-share listed companies and the number of enterprises shortlisted for the world's top 500 companies. As we all know, China's Shanghai, Beijing, Shenzhen and other cities not only have a very high GDP, but also the number of listed companies and the number of the world's top 500 enterprises are also large.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

With the end of the stock market in 2021, the list of china's top 500 listed companies has also been released. According to the data, at the end of 2021, the total market value of the top 500 companies will be about 80 trillion yuan, slightly lower than the 86 trillion yuan in 2020. However, the listing threshold of the top 500 companies is higher than that in 2020, once again setting a new record in history.

Compared with 2020, the ranking of the latest Top 500 companies has also changed a lot. Among the top 10 companies, Tencent still ranked first with a market capitalization of 3.58 trillion yuan, while Guizhou Moutai ranked second with a market capitalization of 2.57 trillion yuan, and Alibaba ranked third with a market capitalization of 2.05 trillion yuan, down one place from the previous year. Overall, the market value of Internet companies has declined.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

In addition, new energy stocks continue to strengthen in 2021, and the market value of the Ningde era has increased significantly, from 817.9 billion yuan last year to 1370.5 billion, and the ranking has also risen by 9 places. Although the performance of China's enterprises is not bad, there is still a big gap compared with many enterprises in the world. So, who is the world's largest company by market capitalization?

According to the latest global corporate market capitalization ranking, Apple ranks first in the world with a market capitalization of $2.37 trillion, which translates to 15.24 trillion yuan, making it the world's highest market capitalization company. Among the top 10 companies in the world, only Alibaba, Tencent and TSMC are Chinese companies, and the remaining 7 are American companies, including Microsoft, Amazon, Google and so on.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

Just a few days ago, that is, in the early morning of January 4, US time, Apple's stock price reached 182.88 US dollars / share, the total market value once exceeded 3 trillion US dollars, becoming the world's first company to join the 3 trillion US dollar club, and Apple's market value has exceeded the total GDP of the United Kingdom, which can rank fifth in the world, which can be described as a rich country.

In addition, according to the latest rmb exchange rate against the US dollar, 3 trillion US dollars is about 19 trillion yuan, which is equivalent to the GDP of Shanghai, the city with the highest GDP in China, for 5 years. (Shanghai's GDP in 2020 is 3.8 trillion yuan.) Overall, although the concepts of the two are different, it can be seen from the side that Apple's market capitalization is high.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

As Apple's CEO, Cook also received equity awards after his first promotion to CEO. On January 6, local time, Apple submitted a shareholder power of attorney resolution to the U.S. Securities and Exchange Commission (SEC), which mentioned the specific compensation of Apple CEO Tim Cook in 2021.

Specifically, Cook's annual salary in 2021 is 98.73 million US dollars (about 630 million yuan), which is divided into four parts: basic salary of 3 million US dollars, performance awards of 12 million US dollars, equity awards of 82.34 million US dollars, and other subsidies of 1.39 million US dollars, such as holiday expenses, personal safety expenses, private jet fees, etc., which can be called the "strongest worker".

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

The reason why Apple can have the world's first market capitalization is mainly because its performance is too bright. According to data from Fortune magazine, Apple's net profit is equivalent to nearly 400 billion yuan, which has surpassed the Industrial and Commercial Bank of China, which is known as the "first line in the universe". In addition, the reason why Apple's market value can continue to rise is bound to benefit from its excellent performance.

According to the data, as of the first three quarters of 2021, Apple's revenue was as high as $81.4 billion, and its net profit was as high as $21.7 billion, equivalent to 139.5 billion yuan, making money as fast as a printing machine. Among them, the fourth quarter is particularly prominent, in the fourth quarter, Apple's quarterly revenue reached $83.36 billion, an increase of 29% year-on-year.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

Not only that, Apple's share of the global market is also very high. Among them, the US market accounted for 43%, the European market accounted for 23%, the Chinese market accounted for 18%, and Japan accounted for 7.8%. It is no exaggeration to say that the money Apple makes in the Chinese market is almost equal to the revenue of the entire European market. It is not surprising that such a profitable company can top the global market capitalization list.

From the data point of view, in the fourth quarter, Apple's revenue in China reached $14.563 billion, an increase of 83% over $7.946 billion in the same period last year. Among them, the iPhone 13 series has become one of the important elements of Apple's great rise in China. It can be seen that the Chinese people's pursuit of apple new products is still undiminished.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

According to the statistics of the research company, the first orders for the iPhone 13 in the world have exceeded 90 million units. After the release of the new mobile phone, the booking volume of major domestic e-commerce platforms has increased significantly, and the number of domestic bookings has exceeded 6 million. The price reduction has caused a dimensionality reduction blow to domestic brands, and it is expected that Apple's financial report this year will be more eye-catching.

At present, Apple's market share in the Chinese market has reached 23%, ranking first in the market, surpassing domestic mobile phone brands such as Huawei, Xiaomi, and OPPO. So, are all the mobile phones in our country so bad in front of Apple?

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

In fact, this is not the case. At least Huawei phones can compete with Apple. But unfortunately, due to repeated pressure from the United States, Huawei mobile phones have been struggling. With the repeated prohibition of sanctions, the dividends of Huawei and China's high-end mobile phone market are being eroded by Apple. In just two years, the United States has imposed four rounds of sanctions on Huawei, which finally forced Huawei's mobile phone into a desperate situation.

Since the decline of Huawei mobile phones, OPPO, vivo, millet and other domestic mobile phone manufacturers have been unable to compete with Apple, so Apple in the high-end market is dominant, I have to say that Apple is "stepping" on Huawei, creating the best performance in history. In addition, Apple has many trump cards, and its research and development strength and ecology are still unmatched.

The world's most valuable company was born: a market capitalization of 19 trillion yuan, and CEO compensation of nearly $100 million

It is not only a top hardware company, but also a world-class software company. In terms of hardware, Apple's iPhone, MAC, iPad, air pods and other hardware are the world's leading technology products. From the perspective of service and software ecology, Apple's advantages are obvious. Apple has its own brand, its own chip, its own iOS system. These advantages have made it ahead of the world for a long time.

However, no matter how powerful the product is, the company still cannot dominate the world without a market. From the incident of Huawei being suppressed by Europe and the United States, it can be seen that the importance of market share to enterprises. Therefore, no matter how bullish a company is, its market share is the most important, I believe that in the near future, China will also produce global enterprises similar to Apple in various industries. What do you think about that?

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