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07/22 19:31
The Top 10 Chinese Companies in 2018
The American Business Journal, based in New York, in collaboration with China International Capital Corporation Limited, The Top 500 Companies List China's Fortune 500, which has seen unprecedented growth in Chinese companies' revenues and profits. According to the list published to measure the performance and achievements of the largest companies listed in China last year, the top 500 Chinese companies achieved a turnover of more than $ 5.9 trillion, in up 18.2% over last year. China's two largest oil and gas companies, China Petroleum and Chemicals (also known as Sinopec) and PetroChina Limited, remain top of the list, China Construction Engineering Co., Ltd. Third row.
It is Among the other companies that have also made remarkable progress on the annual list include the Chinese giant Tencent Internet, which rose from 43rd place last year to 33rd place, and Alibaba Holdings, the Chinese e-commerce giant. Ranked # 35.
The two major technology giants were among the top 10 profitable companies, with Tencent earning $ 10.7 billion, ranking seventh, while Alibaba ranked tenth with a profit net of $ 10.1 billion.
The ten Chinese enterprises contributed nearly 40% of the total profits of the top 500 Chinese enterprises of the country, as well as the three largest public banks, with a net profit of 42.37 billion dollars, the largest Country finance company, Industrial and Commercial Bank of China, Followed by China Construction Bank with net profit of 35.88 billion US dollars, followed by China Agricultural Bank Limited with net profit of 28.58 billion US dollars .
Here are the top 10 Chinese companies of Fortune China this year:
1. China Petroleum and Chemical Corporation
Revenue: 2.36 billion yuan ($ 349.54 billion).
Profit: 51.12 billion yuan ($ 7.57 billion)
. China PetroChina
Revenue: 2.02 billion yuan (299.18 billion US dollars).
Profit: 22.79 billion yuan (3.38 billion dollars).
Turnover: 32.94 billion yuan (4.88 billion dollars)
. Ping An Insurance Group Ltd.
Turnover: 890.88 billion yuan (131.95 billion dollars).
Profit: 89.09 billion yuan ($ 13.19 billion)
5. Shanghai Motor Co., Ltd. (SAIC)
Revenue: 870.64 billion yuan ($ 128.95 billion).
Profit: 34.41 billion yuan ($ 5.08 billion)
China Mobile Co., Ltd.
Revenue: 740.51 billion yuan (109.68 billion).
Profit: 114.28 billion yuan ($ 16.93 billion)
. Industrial and Commercial Bank of China
Revenue: 726.5 billion yuan ($ 107.6 billion).
Profit: 286.05 billion yuan ($ 42.37 billion)
. China Railway Group Co., Ltd. (CRCC)
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