The 2020 Fortune China 500 ranking is newly released, taking into account the performance and achievements of the world’s largest Chinese listed companies in the past year. Among them, a total of 31 petrochemical companies are on the list.
Among them, 23 companies in the chemical industry are on the list, including Hengli Petrochemical, Zhongtai Chemical, and Wanhua Chemical Ranking in the top three respectively, Hengli Petrochemical’s revenue exceeds 100 billion, and Beijing Oriental Yuhong Waterproof Technology Co., Ltd. ranks 487th, a new company on the list this year.
2020 Fortune China 500 List by Industry: Chemical Industry
There are 8 companies in the oil, natural gas, and petrochemical industries on the list, with Sinopec, PetroChina, and CNOOC ranking in the top three, and Kunlun Energy in fourth. The revenue of these four companies all exceeds 100 billion yuan.
2020 Fortune China 500 list by industry: petroleum, natural gas, petrochemicals
This year the total operating income of the 500 Chinese listed companies on the list reached 50.5 trillion yuan, an increase of 11% over last year; the net profit reached 4.2 trillion yuan, an increase of over 16% over last year. . The annual revenue threshold of companies on this year’s list is close to 17.8 billion yuan, an increase of nearly 10% compared with last year. Last year, China’s GDP exceeded 99 trillion yuan, which means that the total revenue of the 500 listed companies on the list still exceeded half of China’s GDP that year.
The top three companies on this year’s list have not changed. The top companies on the list are: Sinopec, PetroChina and China State Construction Engineering Corporation. There are a total of 39 new companies and re-listed companies. company. A total of 15 listed companies among the top 500 failed to make a profit, with a total loss of approximately 80.7 billion yuan. Topping the loss list is Qinghai Salt Lake Industrial Co., Ltd., with a loss of more than 45.8 billion yuan; another loss-making enterprise in the petrochemical industry is Yangmei Chemical Co., Ltd., with a loss of 524 million yuan.
Attachment: 2020 Fortune China 500 Ranking
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