Wanhua, Hengli, Sinochem and other companies are on the 'Top 500' list!

The China Enterprise Confederation and China Entrepreneurs Association released the "2021 Top 500 Chinese Enterprises" list on the 25th: the top 500 companies will achieve a total operating income of 89.83 trillion yuan in 2020, and their net profit will increase by 4.59% over the previous year. The number of 100 billion yuan enterprises increased to 222.

The top 500 Chinese companies in 2021 involve 75 industries, including 249 manufacturing companies, 11 more than the previous year; 176 service companies, 5 less than the previous year; 75 other industries, 6 less than the previous year .

This year, the petroleum and chemical industries performed well, with more than 50 companies on the list. China National Petroleum Corporation and China Petroleum & Chemical Corporation ranked second and third; Hengli Group Co., Ltd., China National Offshore Oil Corporation, China National Chemical Corporation, China National Chemical Corporation, Shaanxi Coal and Chemical Industry Group Co., Ltd., Shaanxi Yanchang Petroleum (Group) Co., Ltd., Zhejiang Rongsheng Holding Group Co., Ltd., Zhejiang Hengyi Group Co., Ltd., and Shenghong Holding Group Co., Ltd. entered the top 100.

In 2021, the top 500 Chinese companies will achieve a total profit of 602.343 billion yuan and a net profit of 4071.258 billion yuan, an increase of 7.75% and 4.59% respectively over the previous year. The number of companies with declining profits increased to 183, of which 28 companies lost money. Compared with the top 500 companies in the previous year, there was an increase of one loss-making company; the total loss was 56.056 billion yuan, and the average loss increased sharply from 901 million yuan to 2.02 billion yuan.

The entry threshold (operating income) of the top 500 Chinese companies in 2021 rose from 35.961 billion yuan in the previous year to 39.236 billion yuan. The top 500 companies have made outstanding contributions to GDP, and the relative ratio of operating income to GDP has risen steadily.