On the evening of July 12, the 2022 Fortune China 500 list was officially announced. The list measures the performance and achievements of the world's largest Chinese listed company over the past year. According to the report, the total operating income of China's 500 listed companies this year reached 62 trillion yuan, an increase of about 17.4% over last year's listed companies; Net profit reached 4.7 trillion yuan, an increase of about 9.2% over the previous year. Compared with last year's list, the revenue and net profit of the companies on this year's list have increased significantly.
Among them, the pattern of the top three companies in this year's list has not changed, and the top companies on the list are: Sinopec, PetroChina and China Construction. Ping An of China ranked fourth and remained the first non-state-owned enterprise.
It is worth mentioning that the rankings of the two private listed companies, JD.com and Alibaba, have risen. JD Group rose from 11th last year to 7th this year, entering the top 10 of the list for the first time and achieving a new breakthrough. At the same time, among the top 10 companies, JD.com became the only private enterprise in the industry.
It is understood that JD.com's net income in 2021 was 951.6 billion yuan, an increase of 27.6% year-on-year, significantly exceeding the average growth rate of 17.4% of 500 listed companies. As a new type of entity enterprise that integrates data and real business, JD.com has always adhered to the principle of "helping reality with reality". From 2019 to 2021, JD.com invested more than 2 trillion yuan in commodity procurement, infrastructure, technology research and development, logistics performance, employee compensation and benefits, brand business support and other real economy-related investments.
Alibaba is ranked 11th. As a company with a market capitalization of more than one trillion yuan, Alibaba's influence on Chinese society is still very large. With the development of Taobao and Alipay, these software have been integrated into the lives of Chinese and become an inseparable part of modern society.
But now, Alibaba has been penalized again. According to anti-monopoly information released by the Municipal Supervision Bureau on July 10, Alibaba failed to declare in accordance with anti-monopoly requirements in five investment and merger cases. This kind of behavior is identified as illegal concentration of enterprises and will be punished with an administrative penalty of 500,000 yuan. Of course, it is not only Alibaba that has been punished this time, Tencent has also been punished.
It is worth mentioning that this is not the first time that Alibaba has been punished for antitrust behavior. For example, in April 2021, Alibaba was fined $18.2 billion for its "either-or" monopoly.
Now there are 44 real estate-related enterprises that have attracted much attention. Among them, Greenland Holding Group Co., Ltd. ranked 22nd in the overall list with an operating income of 544.76 billion yuan, ranking first among 44 listed real estate companies. Together with it, only 7 housing enterprises such as Country Garden, Vanke, Poly Development, Longhu Group, China Resources Land, Xincheng Development and China Merchants Shekou are left in the top 100.
17 real estate companies, including Evergrande, Shimao, R&F, fantasia and so on, did not qualify for this list. It is understood that the Fortune China 500 is based on the annual reports of listed companies, so the failure to release the 2021 annual report is the main reason why some housing enterprises have withdrawn from the list. According to incomplete statistics, as of press time, more than ten real estate companies such as China Evergrande, Sunac China, Shimao Group, Kaisa Group, China Olympic Park, and Huanian Holdings have not disclosed their annual reports, or only announced unaudited annual results.
In addition, THE BOE, which is very familiar to everyone in the mobile phone circle, has also successfully made the list this time, and has gradually become one of the domestic screen leaders in the past few years, and even entered Apple's supply chain, which also shows the strength of its products.
In addition, there are 49 new and re-listed companies this year, of which Didi made the list for the first time, ranking 75th with a total revenue of 173.8 billion yuan. In the field of new energy vehicles, NIO and Ideal Automobile both made the list for the first time, ranking 344th and 427th respectively. Sany Heavy Industry, a listed company, ranked 129th in the list with a total operating income of 106.873 billion yuan, ranking first in the construction machinery industry.
In terms of profitability, the 10 most profitable companies are: Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Tencent Holdings, Bank of China, China Merchants Bank, China Mobile, Ping An of China, China National Petroleum Corporation, and COSCO SHIPPING Holdings Co., Ltd. In addition to six commercial banks and insurance companies, Tencent ranked fourth in the profit list with a net profit attributable to the parent company of 224.8 billion yuan.
As you can see from the 40 most profitable companies, banking, oil, insurance, and mobile account for almost half of the list. Suddenly understood why everyone went to desperately test the compilation, even the stars with their own aura, also piled up to take the test. It is not easy for Tencent to stand out among many state-owned enterprises, and I have to admire Ma Huateng's foresight in launching WeChat when QQ was popular.
At the same time, a total of 49 listed companies in the Fortune China 500 failed to make a profit, with a total loss of about 436.3 billion yuan. The 49 companies are mainly distributed in the power, Internet services, real estate, wholesale and retail industries. Nine companies in the power sector lost money, the largest number. "Closely followed" is the Internet service industry, with 7. Among them, the short video giant Kuaishou won the "loss king" with a huge loss of 78.1 billion yuan.
In addition to electricity and Internet services, many companies in real estate, wholesale and retail, agriculture, forestry, fishing and animal husbandry and other industries have also experienced losses, such as New Hope's explosive growth in 2019 and 2020. The sudden net loss in 2021 was 9.5 billion, which directly swept away the profits of these two years.
Overall, the annual revenue threshold for listed companies this year is close to 22.8 billion yuan, 31% higher than last year's threshold of nearly 17.4 billion yuan. Last year, China's GDP exceeded 110 trillion yuan, and the total revenue of the 500 listed companies on this year's list reached 62 trillion yuan, more than half of China's GDP that year. It is believed that with the development of the times, Chinese enterprises will become more and more powerful in the future.