China New Economy Enterprise Fortune 500 list released the full list

On July 23, 2022, the Chinese Enterprise Evaluation Association released the list of "Top 500 Chinese New Economy Enterprises". Tencent, Alibaba, and byte beating are ranked among the top three.

In 2021, the list of the Fortune 500 of the new economy reached 34.2%compared with the previous year, and more than one -third of the companies failed to win the second list. From the perspective of industry classification, there are 314 advanced manufacturing companies, an increase of 58 over the previous year, an increase of 10 %. From the perspective of the nature of the enterprise, private enterprises still account for an absolute advantage, with a number of 422; the number of state -owned enterprises is 78, an increase of 4 more than last year.

China's new economic enterprise 500 in 2021 and 2020 company nature comparison

From the perspective of regional distribution, the Fortune 500 of the new economy still radiates the mainland at home in the east. Among them, 102 Beijing have become the provinces with the largest number of companies in the new economy; the number of new economy in Guangdong, Shanghai, and Zhejiang is 98, 67, and 61, respectively.

The concentration effect of the top 500 leading enterprises is still obvious. The median of the enterprise/valuation was 42.169 billion yuan, with an average value of 111.592 billion yuan, a significant increase of 68.54%and 70.14%from last year. The data center of gravity moved slightly, and the cities/valuations of SMEs were increasing.

The annual revenue of the Fortune 500 enterprises generally continued to grow, with an average growth rate of 44%, but decreased by 35 percentage points from last year (79%). On the basis of the high growth of revenue last year, the growth rate of advanced manufacturing in the number of new economic enterprises has declined significantly, which is the main reason for the decline in the overall growth rate.

The average revenue growth rate of various industries in the new economy 500 enterprises

The average profit margin of the Fortune 500 enterprises is only 7.6%, and the correlation between operating income and profit has further decreased from the previous year, and the R2 value is only 0.1653. Revenue and profits are the two sides of the company's "coin" and must not be discarded. New economic enterprises can adhere to the final victory only based on innovation with long -term value and reasonable cost savings.

The number of listed companies in the Fortune 500 is 460, accounting for 92%, an increase of 75 from last year, and 40 unlisted enterprises, accounting for 8%. The new listed companies are mainly from non -motherboards. Among the 460 companies listed, non -motherboards (GEM, science and technology boards, small and medium -sized boards, etc. This report is based on the classification of 2020). More than 50%, an increase of 41 more than last year.

The number of listed companies in the Fortune 500 has increased year by year. In 1992-2020, 15.34 listed companies were added. In 2010, the first peak appeared, and 43 listed companies in a single year, accounting for 9.34% of the total number of total listed companies in the top 500. In 2019 and 2020, it continued to rise, 53 and 68, respectively.

The listing time of the new economy 500 companies is distributed

Generally speaking, the average time to the listing of all listed companies is 109 months. Among them, the average time of new life service activities, modern productive service activities and energy -saving and environmental protection activities is the shortest time, less than 100 months, respectively, 86, 83, and 77 months, respectively. At the same time, the listing of new economic companies is getting faster and faster. The average time required for the listing of enterprises within 3 years is only 24 months, and the average time required for enterprises that have not been established for not more than 10 years will not exceed 37 months.

The top 500 of the new economy continued to rise. From June 2020 to June 2021, the average number of public opinion was 3176, a year-on-year increase of 34.35%. The overall public opinion evaluation of the Fortune 500 enterprises is positive, and the social impact is better. The society's analysis of the new economy tends to be fair and rational, and some hype were effectively suppressed.

On the whole, under the fierce market competition in the fierce market competition in 2021, compared with the last year's list of elimination rates of more than one -third, the market/valuation of listed companies increased significantly by 70 %. The degree of attention is getting higher and higher, but social evaluation tends to be rational. Advanced manufacturing enterprises have increased by 10 %, becoming an absolute main force. The main battlefield is still the eastern region, and the distribution structure of the central and western regions is further optimized. Mainstream enterprises are still private enterprises, but a number of state -owned enterprises with digital innovation and transformation have emerged. China's new economy has entered a fast track of deep integration and development.

This evaluation activity is based on the theme of "new subjects in science and technology innovation", and continues to adhere to the principles of objective, fair, accurate, and comprehensive research on the basis of quantitative data. This evaluation follows the "Chinese New Economic Enterprise Evaluation Guidelines" (T/CEEAS 001-2021), and selects the main sequence indicators of the market/valuation as the evaluation of 500 new economic enterprises. The employment drive, social impact, and internationalization level 7 and 10 subdivision indicators are corrected as a correction indicator, and the cities/valuations are corrected to eventually generate the top 500 new economic enterprises in China. Considering the demonstration of the enterprise's industry, companies with financial fraud, major negative public opinion, due to poor management, etc., are eliminated on the list.

The top 500 Chinese New Economy Enterprise is hosted by the China Enterprise Evaluation Association. The China Economic and Social Data Research Center of Tsinghua University is the academic support. The middle finger research institute is used as a research unit.Since 2020, it has announced a list of the top 500 new economic enterprises in China each year.Source: Chinese Enterprise Evaluation Association

Edit: Xing Zhibin

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