China Top 500 Most Profitable Companies: Tencent No. 13 Alibaba No. 15

[TechWeb Report] On August 1st, "Fortune" (Chinese version) released the 2017 China Top 500 Ranking. Sinopec, PetroChina, and China Construction ranked among the top three, and SF Express ranked on the list for the first time. In the Internet industry, Tencent, Suning Cloud Business, and Ali ranked top.

(Top 50 Fortune China Top 500 Companies)

It is reported that the total operating income of China’s top 500 companies this year has reached 33.54 trillion yuan, a 9% increase over the previous year; net profit has reached 2.8 trillion yuan, an increase of 2.2%; both operating income and profit growth are significant compared to last year. Pick up. The annual revenue threshold for enterprises this year is 11.323 billion yuan, which exceeded 10 billion for the first time.

The head of the list is still three-fold: Sinopec, PetroChina, and China Construction, with the sum of revenues of the first two companies exceeding one-tenth of the revenue of all 500 listed companies.

Newly listed companies include some newly listed major Chinese companies. After the Greenland Group officially landed on the A-shares, it won the list with 2016 results and became the real estate industry champion. In addition, another company, Shunfeng, which was widely noted, ranked 112th for the first time on the list.

In the industry, the accumulated revenue of the Internet service industry increased by 36.7% year-on-year. The number of companies in the real estate industry has increased by 8 and accounted for more than 10% of the top 500 this year.

(Some screenshots of the top 40 most profitable companies in China Top 500)

Among all listed companies, the most profitable is still the Industrial and Commercial Bank of China, which achieved a net profit of 278.249 billion yuan, an increase of 0.4% over the previous year. However, there are two private companies, Tencent and Alibaba.com, among the most profitable companies. Among them, Tencent's profit rate is as high as 27%, and it ranks among the top 40 companies in the profitability sub-list.

Among the top 100 companies, the top technology companies are:

China Telecom, ranked 17;

Legend Holdings, ranked 18;

China Unicom, ranked 19;

Jingdong Mall, ranked 21;

Midea Group, ranked 38;

Tencent Holdings, ranked 43;

Suning cloud business, ranking 44;

Alibaba Group, ranked 49;

Haier shares, ranked 58;

Gree Electric Appliances, ranked 63;

TCL Group, ranked 64;

ZTE, ranking 68;

China Communications Services Corporation, ranked 79;

Gome Holdings, ranked 85;

Baidu, ranking 92;

BOE, ranked 95;

Sichuan Changhong Electric, ranking 96.

In addition, the more well-known technology companies that have joined the list include:

SF Holdings, ranking 112; Vipshop Holdings, ranking 115; Digital China Group, ranking 164; Netease, ranking 173; Skyworth Digital Holdings, ranking 176; Tianyin Communications, ranking 188; Hikvision, ranking 200; Hisense Electrical appliances, ranking 201; Hisense Kelon Electric, ranked 236; LeTV, ranking 276; Ctrip, ranking 306; SMIC, ranking 314; Yuantong Express, ranking 355; Inspur, ranked 463. (Zhou Xiaobai)

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