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The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

author:Simple Finance Live

On July 12, the 2022 Fortune China 500 list was officially announced, and the total revenue of the 500 large enterprises on the list exceeded 60 trillion yuan, equivalent to half of the total GDP of the mainland last year, and the profit level reached 4.7 trillion yuan, which was improved compared with previous years.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

As in previous years, the top rankings on the list are almost all large central enterprises, the top three are: Sinopec, PetroChina and China Construction, with revenues of more than 1 trillion yuan only 6, in addition to Ping An of China, the other departments are central enterprise groups.

At the same time, the list also announced the most profitable 40 companies and the most serious losses of the 40 companies, the first 40 most profitable companies, the top of the list are state-owned banks, ICBC net profit of up to 348.3 billion yuan, ranking first, followed by China Construction Bank, Agricultural Bank of China, Tencent Holdings (224.8 billion yuan) The profit surpassed the Bank of China (216.6 billion yuan), ranking fourth.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

Among the 15 most profitable companies, 8 are banks, occupying "half of the country", which shows that banks are still the most profitable industries, and there is no one.

So, which companies are in the loss list? According to the information of the 2022 Fortune China Top 500 Loss-making Companies List, Didi lost 49.3 billion yuan, ranking second, Suning Tesco lost 43.2 billion yuan, Huaxia Happiness lost 39 billion yuan, and Meituan lost 23.5 billion yuan.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

In addition, all three major airlines on the list, Air China lost 16.6 billion yuan, the most loss, the three major airlines a total loss of 40.9 billion, since 2020, the performance of the global aviation industry has fallen into a trough, so far it is difficult to achieve profitability.

There are three very special industries that have suffered losses: pig raising, electricity, real estate, Zhengbang Technology in the pig industry, Wen's Food, New Hope Six and all losses, which are related to the low pig prices since last year; There are more power companies in the list, which is directly related to the rise in coal prices last year; Real estate needless to say, the entire industry has so far been tepid.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

Among them, it is worth paying attention to Didi and Meituan, these two companies have a lot in common: they all earn income through high commissions, and they are the absolute leaders in their respective industries, with a very high market share, and over 100 million Internet users, there are tens of millions of drivers and riders, it is very easy to make money, but it seems that they often lose money, why is this?

Didi's loss is close to 50 billion, with its far leading market position in the industry, how can Didi lose so much? Didi said that most of the company's revenue is taken by the driver, the proportion is as high as 80%, while the other 20% of the subsidy to passengers reaches 10%, and the cost of the enterprise is close to 7%, so Didi's final net profit is only about 3%.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

However, some drivers said that the company's percentage of the company is very high, some even reach 30%, even if it is 3% profit, with a large number of trading orders every year, it can still achieve a good profit, how can it lose money?

Judging from the financial report released by Didi, Didi's foreign investment is an important reason for losses, such as Didi's previous investment in Orange Heart Preferred, which invested tens of billions of yuan before and after, and finally announced its withdrawal from community group purchases, including ofo invested in billions of dollars before, and finally failed, so investment failure is an important factor in Didi's performance loss.

Meituan's loss is also the same as Didi, Meituan Preferred has invested tens of billions of yuan into the community group buying business, and finally there was a large loss, in 2021, Meituan's new business operating loss of 38.4 billion, it can be seen that most companies in the field of community group buying are losing money, and the giants are no exception.

The loss list was released: Meituan lost 23.5 billion yuan, Didi lost 49.3 billion yuan, and the first place lost 78 billion yuan

However, the most serious loss list is Kuaishou Company, this result surprised many people, the annual loss of 78 billion yuan, more than Didi, Meituan losses, a short video platform on why lose so much?

According to Kuaishou's financial report, last year's live broadcast tip revenue exceeded 30 billion, online marketing revenue exceeded 42 billion, and e-commerce had more than 7 billion, but since last year, the growth of Kuaishou users has slowed down, the annual marketing expenditure has reached more than 40 billion, the cost of sales has risen sharply, coupled with the change in the fair value of convertible redeemable preferred stock, resulting in huge losses.