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List of Sichuan's top 500 companies
As of the evening of July 19, 2018, among the 2018 Fortune Global 500 companies, no Sichuan company was on the list.
In terms of the number of companies on the list, Chinese companies reached 120 in 2018, which is very close to the United States (126 companies) and far surpasses Japan (52 companies) in third place. Since 1995, when the Fortune Global 500 list included both industrial and service companies, the number of companies in any other country has grown so rapidly.
The total operating income of the 500 companies on the list in 2018 was nearly 30 trillion US dollars, an increase of 8.3% year-on-year; the total profit reached a record high of 1.88 trillion US dollars, an increase of 23% year-on-year; the sales yield reached 6.3%, The return on equity reached 10.9, both exceeding last year. The operating conditions of the world's largest companies are improving significantly.
Walmart has become the world's largest company for the fifth consecutive year. It and three Chinese companies - State Grid, Sinopec and PetroChina continue to be in the top four of the list, and their rankings have not changed. Shell Oil rose to fifth place, pushing Toyota Motor to sixth.
Apple still tops the profit list, followed by British American Tobacco Group, which re-entered the Fortune 500 in 2018. The four Chinese companies in the top 10 profit list are still the four major banks of Industry, Construction, Agriculture and China.
Extended information:
There are no top 500 companies in Sichuan, but in terms of changes in rankings, the fastest rise this year is China's National Energy Investment Group, jumping 175 places . It is worth mentioning that eight of the top ten companies with the fastest jump in rankings are from mainland China, except for the National Energy Investment Group.
The London School of Economics and Political Science recently pointed out that the information and communications technology industry has the most obvious innovation spillover effect, which is twice that of other technological innovations. Among Chinese companies, Huawei's ranking in this industry rose from 83rd to 72nd.
In the field of automobile manufacturing in 2018, China had 7 companies on the list, and the United States only had General Motors and Ford. Geely is the only private car company in mainland China on the list. The company has crossed the one million sales threshold in the past year and ranks first in the domestic industry in terms of sales growth and top 500 ranking jump.
13 Chinese companies are on the list for the first time. They are: China Merchants Group, Cedar Holdings, Xiangyu Group, Yankuang Group, Anshan Iron and Steel Group, Shougang Group, Wistron Group, PetroChina Taiwan, China Taiping Insurance Group , Fubon Financial Holdings, Taikang Insurance Group, Henan Energy and Chemical Industry Group, Qingdao Haier. The industry with the most new companies on the list is insurance (3 companies). Qingdao Haier is the only Chinese company newly listed in the electronics and electronic equipment industry.
People's Daily Online - 2018 Fortune Global 500 is released - 120 Chinese companies are on the list
Baidu Encyclopedia - 2018 Fortune Global 500 Ranking
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