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「中國企業500強」營收按年增1.6%至逾110萬億人幣 國家電網居榜首

Revenue of "China's Top 500 Enterprises" increased by 1.6% annually to over 110 trillion yuan, with State Grid topping the list.

AASTOCKS ·  Sep 11 10:36

The Federation of Chinese Enterprises and the Association of Chinese Entrepreneurs announced the “2024 China Enterprises Top 500”. This year's list threshold is RMB 47.381 billion (below), increasing by $0.383 billion year-on-year, achieving 22 consecutive increases. The “Top 500” increased its revenue to a new level, achieving sales revenue of 110.07 trillion yuan, up 1.58% year-on-year. Of these, 16 enterprises had an operating income of more than $1 trillion, and 253 enterprises with an operating income of more than $1 trillion, accounting for more than 50%.

IN THE LIST, THE TOP FIVE ARE THE NATIONAL GRID, CHINA PETROLEUM, CHINA PETROLEUM, CHINA CONSTRUCTION (601668.SH) AND INDUSTRIAL AND COMMERCIAL BANK (01398.HK), AND THE 6TH-10TH ARE CONSTRUCTION BANK (00939.HK), AGRICULTURAL BANK (01288.HK), CHINA RAILWAY, BANK OF CHINA (03988.HK), CHINA RAILWAY CONSTRUCTION (03988.HK)。

In terms of geographical distribution, the “Top 500” enterprises are distributed in 30 provinces (autonomous regions and jurisdictions). The five most distributed regions are Beijing, Shandong, Guangdong, Zhejiang and Jiangsu. The number of finalists is 78, 55, 52, 51 and 40 respectively.

In terms of innovation investment, the “top 500” enterprises invested $1.81 trillion in R&D spending, an increase of $235 billion year-on-year, an increase of 14.89%. In addition, average R&D intensity increased for the seventh consecutive year, with the list enterprise R&D investment accounting for 1.9% of total operating income, the highest since 2002. Five companies in the top ten are from the communications equipment manufacturing industry, making Huawei the company with the highest R&D spending and R&D intensity.

The translation is provided by third-party software.


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