The top three companies in this years list have not changed, with Sinopec, PetroChina and CSCEC in turn. Ping An of China ranks fourth and still ranks first among non-state-owned enterprises. Jingdong and Alibaba, two private listed Internet service and retail enterprises, both ranked higher. Among them, JD rose to 13th place and Alibaba ranked 18th.
From the industry point of view, with the gradual profitability of some head Internet service companies, the net profit created by the industry on the list increased by more than 300% year-on-year. 2019 is the first year of new infrastructure, but because of its relatively low absolute proportion in fixed assets investment, old infrastructure still plays an indispensable role. The total revenue of infrastructure, construction, power, construction machinery, port and logistics related industries in the Fortune 500 list of Chinas old infrastructure reached 8.6 trillion yuan, 17.7% higher than last years 7.4 trillion yuan. This industry is still one of the important pillars of stable economic growth.
In addition, with the help of multiple policies such as the registration system and the science and technology innovation board, more and more high-quality companies choose to list on the domestic capital market. In this years list of companies, the number of companies landing in the domestic capital market reached 366, the highest level in history.
This year, there are 39 new and re listed companies, of which pinduoduo is on the list for the first time and ranks 321st with a total revenue of 30.1 billion yuan. Another new company worth mentioning in the Internet field is huanju group. This company, which mainly deals in live game broadcasting, is also on the list for the first time, and ranks 359 on the list with revenue of about 25.6 billion yuan. In addition, the newly listed companies also include Joy City holding group, which is engaged in real estate investment and management, and Shenzhen voice, the king of smart phones in Africa.
In terms of profitability, the situation is the same as last year. In addition to several major commercial banks and insurance companies, the top 10 listed companies are still Alibaba Group Holding Co., Ltd., China Mobile Co., Ltd. and Tencent Holding Co., Ltd. The total profits of the ten companies last year were about 1.7 trillion yuan, nearly 40% of the total profits of all listed companies.
In 2019, 15 listed companies in Fortune 500 failed to make profits, with a total loss of about 80.7 billion yuan. Qinghai Salt Lake Industry Co., Ltd. ranks first in the loss list, with a loss of more than 45.8 billion yuan. Iqiyi, the second largest company, lost 10.3 billion yuan. Pinduoduo, which competes for users in first and second tier cities with low commodity prices, has a loss of more than 6.9 billion yuan in 2019, ranking third in the loss list.
Among all the listed companies, the real estate industry accounts for 4 of the top 10 companies with the highest roe. Among them, Yanlord Land Group Co., Ltd. has a roe of 43.5%, ranking first in the roe list. Netease was second. The agriculture, forestry, animal husbandry and fishery and food and beverage industries related to the table of common people occupy three seats in the roe list, which are Foshan Haitian seasoning Food Co., Ltd., Wenshi Food Group Co., Ltd., and Guizhou Maotai Liquor Co., Ltd.