Competition of Listed Companies in different provinces

category:Finance
 Competition of Listed Companies in different provinces


The regional head pattern is relatively stable

In recent years, with the increase of the scope and measurement standard of urban competitiveness, the competitiveness of urban capital market has become a hot topic, especially in the current situation of increasingly intensified Matthew effect, the number and scale of listed companies and listed companies also represent the development potential and anti risk ability of each province.

According to statistics, the number of companies listed in Beijing is 378, which is not the fourth listed company in Beijing by 2020.

Data source: wind information, as of December 16, 2019

Also has the superiority also has Shanghai, the plate coverage entire, the industry distribution is widespread.

Up to now, there are 337 domestic listed companies in Shanghai, ranking fifth in China with a market value of 7 trillion yuan, ranking third in China, followed by Beijing and Guangdong. Among them, the number of listed companies on the science and technology innovation board in Shanghai accounts for 16%, ranking second in the country, with financing amount accounting for 36% and market value accounting for 27%, both ranking first in China.

The overall performance of Listed Companies in Beijing and Shanghai is more consistent with the GDP ranking of cities in the first three quarters. The market value performance of Listed Companies in Jiangsu, Zhejiang, Fujian, Anhui and other provinces with more developed economy is also prominent.

But the advantages of Beijing and Shanghai are beyond the comparison of many provinces. This is the relationship between listed companies and regional economic development is difficult to quantify, and the relationship between the two is not proportional to the relationship, but related According to Huang Dazhi.

For example, Guizhou ranks ninth in the market value of Listed Companies in the first two quarters of this year. In the first three quarters, 30 listed companies in Guizhou achieved a total operating revenue of 160.541 billion yuan, a year-on-year increase of 3.23%; a total of 45.472 billion yuan of net profit, a year-on-year increase of 9.43%. In the first three quarters, the total operating revenue of Guizhou Maotai, the big brother of liquor, accounted for 30 Guizhou listed companies 33% of the total operating revenue of the company, accounting for 69.57 billion yuan.

The market value of eight listed companies, such as Guizhou Maotai, industrial and Commercial Bank of China and Ping An of China, has exceeded trillion yuan. In this way, the market value of a company in Guizhou Maotai is equivalent to the total market value of dozens of Listed Companies in one or several provinces. This is also an important reason why Guizhou listed companies rank first in market value.

However, in the first half of this year, Guizhous GDP ranked No. 14; in the first three quarters, Guizhous GDP ranked No. 20.

More emphasis on quantity than quality

But a high market value doesnt mean a high revenue. Teslas market value broke through the $500 billion mark some time ago, but its revenue is not very high. In the third quarter, its revenue reached $8.771 billion, and the net profit attributable to ordinary shareholders was $331 million. Huang Dazhi said.

According to the data, as of September 30, 591 A-share listed companies have announced their third quarter results, with 244 companies anticipating growth, slight increase, continued profit and loss recovery, accounting for 41.29% of the total number of companies that have published performance forecast; 262 companies have forecast performance such as forecast decrease, slight decrease, continuous loss and first loss, accounting for 44.33% of the total number of companies that have published performance forecast; and 85 companies have achieved performance forecast The type of preview is uncertain.

In some of the top provinces, the number of listed companies with positive growth and negative growth is equal, while in some provinces with low market value ranking in the second quarter, some of them are in the danger of being St.

Huang Dazhi said that this year, in addition to the impact of industry and policy, but also by the impact of the epidemic, which makes the situation of Listed Companies in different provinces very different.

Although the advantages and disadvantages of Listed Companies in different provinces are different, some provincial managers are still very concerned about the quantity and quality of local listed companies. They hope to introduce listed companies or cultivate listed companies to form industrial clusters, whether in terms of attracting investment or local policy support.

At the end of October, Anhui listed company development report (2020) was launched in the world. Anhui Provincial Government Development Research Center and Anhui Securities Regulatory Bureau joined the annual report for the first time. With Anhui investment group, Huaan securities and Guoyuan securities, the government, industry, University, research and capital cooperative research platform was built to carry out the development research of Anhui listed companies. Recently, a number of Shanxi enterprises have resumed listing guidance, and Shanxi plans to expand the reserve force of listed companies. Chinas capital market has formed a three-step registration system reform layout from the science and technology innovation board to the gem, and then to the whole market. The reform of registration system is conducive to better gathering of factor resources to the field of scientific and technological innovation, and is conducive to the continuous improvement of the overall quality of listed companies. Under the general environment, innovative leading enterprises are still the key objects of cultivation in various provinces. According to Huang Dazhi. Source of this article: Guo Chenqi, editor in charge of first finance and Economics_ NBJ9931

At the end of October, Anhui listed company development report (2020) was launched in the world. Anhui Provincial Government Development Research Center and Anhui Securities Regulatory Bureau joined the annual report for the first time. With Anhui investment group, Huaan securities and Guoyuan securities, the government, industry, University, research and capital cooperative research platform was built to carry out the development research of Anhui listed companies.

Recently, a number of Shanxi enterprises have resumed listing guidance, and Shanxi plans to expand the reserve force of listed companies.

Chinas capital market has formed a three-step registration system reform layout from the science and technology innovation board to the gem, and then to the whole market. The reform of registration system is conducive to better gathering of factor resources to the field of scientific and technological innovation, and is conducive to the continuous improvement of the overall quality of listed companies.