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.

From 1999 to the second quarter of 2020, the positions of Beijing, Shanghai and Guangdong have changed, but they have been firmly occupying the top three places, and Beijing has been the first in the past decade.

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

However, as the political, economic and cultural center of China, the overall industrial structure of Listed Companies in Beijing highlights the characteristics of high-end industrial clusters. There are 28 companies with a market value of 100 billion yuan in Beijing, leading the provinces in China.

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.

As the pioneer of Chinas securities market, the number of Listed Companies in Guangdong ranks first in China. As of October 31, 664 listed companies in Guangdong have disclosed their performance in the third quarter of 2020 within the prescribed time limit. According to the data of Guangdong securities regulatory bureau, in the first three quarters, the total business income of 664 listed companies in Guangdong reached 5.14 trillion yuan, with a year-on-year growth rate of 3.12% from - 0.99% in the first half of the year, 2.72 percentage points higher than that of the national listed companies.

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.

The first financial reporter found that the market value ranking of Listed Companies in most provinces is similar to the GDP ranking of the provinces in a relative range. Huang Dazhi, a senior researcher at Suning Financial Research Institute, believes that listed companies and listed companies are usually the leading enterprises in the region, and their number and scale can reflect the quality of economic development in the region. However, it is not easy to quantify the impact of leading enterprises on regional economic development. Some are resource-based provinces, and energy-based leading listed enterprises will naturally have a great impact on the local economy However, some listed companies are related to the industrial agglomeration and industrial policies of various provinces. It depends on what the quantitative standard is.

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

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.

For example, electronic information, equipment manufacturing and other pillar industries performed well, and the overall net profit of the pharmaceutical industry increased significantly. In the first three quarters, 26 pharmaceutical listed companies in Guangdong alone (excluding Kangmei pharmaceutical) achieved a net profit of 11.973 billion yuan, up 17.69% year on year.

For example, Jiangsu Province launched private enterprise service month in November. According to the arrangement of private enterprise service month, from November 17 to 18, Zhenjiang City, together with China Securities construction investment securities, Guojin securities, Yinhe securities, Guoxin Securities and Huatai Securities, held a training meeting on securities enterprise financing docking and capital market policy. As one of the driving forces of Jiangsu Province, Zhenjiang has set up a leading group to promote the listing of enterprises. The leader in charge of the municipal government is the leader of the leading group, and 8 municipal, district and 22 municipal departments are members, which have played a positive role in accelerating the process of enterprise listing.

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.

Under the general environment, innovative leading enterprises are still the key objects of cultivation in various provinces. According to Huang Dazhi.