For the first time in history, more than 129 Chinese companies from the United States were selected as the top 500 companies in the world.

 For the first time in history, more than 129 Chinese companies from the United States were selected as the top 500 companies in the world.

Wal-Mart ranked first, Sinopec ranked second and Shell ranked third in the latest Top 500 list. For technology companies, Apple ranks 11th, Amazon 13th and Samsung 15th. Microsoft is close to Huawei, ranking 60th and 61st respectively. Millet ranks 468, making it the first top 500 in the world.

In the list, millet is defined as an Internet service and retail industry enterprise, becoming the fourth Chinese Internet enterprise after Jingdong, Alibaba and Tencent, and the seventh Internet enterprise in the world.

Chinese companies reverse the downward trend

In the profit margin list, the highest ranking is this years new Meguiar Technologies, Facebook ranked second. Industrial and Commercial Bank of China (ICBC) has the highest profit margin among mainland Chinese companies.

Compared with the previous year, the total operating income of the 500 companies listed in this year was nearly 32.7 trillion US dollars, an increase of 8.9% over the previous year; the total profit reached a record of 2.15 trillion US dollars, an increase of 14.5% over the previous year; the net profit margin reached 6.6%, and the return on net assets reached 12.1%, all surpassing the previous year. This reflects the recovery of the 500 largest companies.

However, it should be noted that Chinese companies have reversed the downward trend in recent years in the two indicators of return on sales and return on net assets. In addition, compared with the top 500 companies in the world horizontally, in 2018, the average sales revenue and net assets of Chinese listed companies are basically the same as those of the top 500 companies in the world; compared with the listed companies of the traditional economic powers, the sales scale and assets scale of Chinese listed companies have not lost to those of Japan, Britain, France and Germany. Enterprises.

Six Chinese companies entered the fastest leap ranking

There are 25 new and re-listed companies in Fortune 500 list, including 13 new Chinese companies, accounting for more than half of the total number of new listed companies. Among them, Zhuhai Gree Electrical Appliance Co., Ltd. (No. 414) and Xiaomi Group (No. 468) are listed for the first time. Millet, founded in 9 years, is the youngest company in the worlds top 500 in 2019.

The Fortune 500 list also shows that six of the top ten companies in the world ranking are from mainland China. They are Biguiyuan (up 176), Alibaba (up 118), Sunshine Longjing Group (up 96), Tencent (up 94), Suning Easy-to-buy Group (up 94), and China Heng. Big (up 92 places). Wen/our reporter Zhao Xinpei

Relevant news

Lei Jun announced to more than 20,000 employees

1000 shares of millet stock

Lei Jun released an open letter to millet employees yesterday, giving 1,000 shares of millet stock to 20,538 millet employees.

Lei Jun said in an open letter that the worlds top 500 is a common achievement of millet in the past nine years. Millet has prepared a special souvenir for all its working colleagues and partners in the core outsourcing service team: 1000 shares of millet group stock will be given to each millet classmate, of which 500 shares are a memorial to everyones global top 500 achievements, and 500 shares are for each colleague and partners family. Keepsake.

According to the companys financial report, millet groups annual revenue in 2018 was 174.9 billion yuan, with adjusted net profit of 8.55 billion yuan.