Fortune China Top 500 in 2019: Ali Tencent leads the Internet industry

 Fortune China Top 500 in 2019: Ali Tencent leads the Internet industry

This year, the total operating income of 500 listed companies in China reached 45.5 trillion yuan, an increase of 14.8% over last year, and a new high. Net profit reached 3.625 trillion yuan, an increase of 4.21% over last year. Compared with the increase of 24.24% last year, the macroeconomic impact slowed down dramatically.

This year there are 42 new and re-listed companies, of which Millet Group ranks 53rd with total revenue of 174.9 billion yuan. The group ranked 140th with revenue of 65.2 billion yuan. In the food industry, much attention has been paid to entering the top 500 (ranked 482) seabed fishing for the first time this year, with a total income of 17 billion yuan in 2018. In addition, Good Future (No. 483) has become the first top 500 educational enterprises in China.

In terms of profitability, the 10 most profitable listed companies, in addition to several major commercial banks and insurance companies, are still China Mobile Limited, Tencent Holdings Limited and Alibaba Group Holdings Limited. The total profits of these ten companies reached 1.46 trillion yuan last year, accounting for 40.3% of the total profits of all listed companies. In 2019, a total of 30 companies in Chinas top 500 failed to make profits, with a total loss of 177.1 billion yuan. For the first time this year, the group ranked first in the loss list, with a loss of nearly 115.5 billion yuan. Last year, the newly listed IQI Art lost 9.4 billion yuan.

Among the 40 listed companies with the highest profit margin, Guizhou Maotai Liquor Co., Ltd. ranked first from the fourth place last year, with a profit margin of 45.6%. For the first time, Zhongtong Express entered the profit margin list with a profit margin of 24.9%. One point worth noting is that commercial banks account for 21 of the 40 companies with the highest net profit margin.

The Internet service industry ranks as follows: