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On August 24, the "The 2020 CBT 500 Listed Companies " was released in Shanghai, with a total of 500 companies on the list, with the lowest total profit in 2019 of 1.213 billion yuan. This is the 20th consecutive year that the WEI has compiled and released the "CBT 500 Listed Companies Ranking".
ICBC topped the list for 11 consecutive years with a total profit of 391.789 billion yuan, followed by China Construction Bank, Agricultural Bank of China, Bank of China, Ping An, China Merchants Bank, PetroChina, Sinopec, Bank of Communications and China State Construction, which ranked second to tenth. Compared with the previous year, the top ten patterns remained basically stable, with only China Merchants Bank and PetroChina swapping the rankings.
"The CBT 500 Listed Companies in 2020" has the following five characteristics worthy of attention:
1. The strength of the top 500 continues to increase, and the role of the mainstay has become increasingly prominent
In 2020, the 500 listed companies created a total profit of 4,908.495 billion yuan, an increase of 10.83%, accounting for 95.33% of the total profit of all listed companies in Shanghai and Shenzhen Stock Exchange, and the proportion increased by 0.69%. The operating income was 38,126.556 billion yuan, an increase of 12.99%, accounting for 75.55% of the operating income of all listed companies in Shanghai and Shenzhen Stock Exchange, and the proportion increased by 0.94%. The proportion of total profit and operating income to the national GDP was 4.95% and 38.48%, an increase of 0.11% and 1.57% respectively.
It can be seen from the absolute number, proportion and proportion to GDP that the top 500 enterprises are the new and main force of China's economic development, and they are also the backbone of the current epidemic prevention and control and economic development work.
2. The dominant position of the Shanghai Stock Exchange has been continuously strengthened, and companies on the Sci-Tech Innovation Board have emerged
In 2020, 313 of the 500 listed companies are listed in Shanghai Stock Exchange, generating a total profit of 4,054.237 billion yuan, accounting for 82.60%. 187 companies were listed in Shenzhen Stock Exchange, generating a total profit of 854.258 billion yuan, accounting for 17.40%. During the five years from 2016 to 2020, the number of companies listed in Shanghai Stock Exchange among the top 500 companies increased year by year, from 288 in 2016 to 313 in 2020, an increase of 25.
This year, two companies on the Science and Technology Innovation Board entered the top 500, CRSC ranked 146th and Transsion Holdings ranked 277th.
3. Beijing and Guangdong dominate the pack, and Jiangsu has made remarkable progress
Among the 500 companies on the list, Beijing and Guangdong ranked the top two with 74 and 71 companies respectively, and Shanghai (52), Zhejiang (48), Jiangsu (43) and Shandong (27) were also on the list. For the first time, Ningxia has a listed company on the list (Baofeng Energy ranked 161), and Hainan has no listed company on the list.
During the five years from 2016 to 2020, the number of companies on the list in Jiangsu increased for five consecutive years, and the performance was the most dazzling, while the number of companies in Guangdong decreased the most (to 14). Jilin and Heilongjiang provinces have the highest decline in the list of companies, which deserves special attention. The number of listed companies in Jilin has decreased from 9 in 2016 to 4 in 2020, and the number of listed companies in Heilongjiang has decreased from 6 in 2016 to 1 in 2020. This also reflects the local industrial structure and business operation environment urgently needs to be improved to a certain extent.
4. The real estate industry ranks first in the industry, and the financial industry has the most new companies on the list
Among the 500 companies on the list, the real estate industry topped the industry list for five consecutive years with 47 companies, but 8 companies were less than the previous year. Under the general tone of the central government's policy of "housing, not speculating," the real estate industry has accelerated into a shuffling stage of "survival of the fittest", and it is particularly critical to achieve high-quality development of enterprises. Transportation (42 companies), non-bank financial companies (39 companies), pharmaceutical and biological companies (34 companies) and banks (33 companies) ranked second to fifth on the list. Benefiting from the continuous improvement in the performance of securities companies and the centralized listing of a number of banks, non-bank financial and banking companies added the most companies (11 and 8, respectively).
During the five-year period from 2016 to 2020, the number of companies in the extractive industry increased for five consecutive years, the two major industries of media and electrical equipment decreased for five consecutive years, and the number of companies in the public utilities list decreased the most (up to 12).
5. The stability of the top 100 list has been continuously enhanced, and the competition for the list has become increasingly fierce
Among the 500 companies on the list, there are 89 new and re-listed companies, of which the Postal Savings Bank, China General Nuclear Power, China Zheshang Bank and Chongqing Rural Commercial Bank, four overseas A-share listed companies, entered the top 100. 89 companies are distributed in 24 industries, including 41 companies in five industries which are non-banking finance (10 companies), electronics (10 companies), banks (8 companies), agriculture, forestry, animal husbandry and fishery (7 companies) and machinery and equipment (6 companies), and account for 46.07%.
Since 2017, the number of new and re-listed companies in the top 500 has continued to decrease, from 108 at the highest point in 2017 to 89 in 2020, indicating that the stability of the top 100 list has continued to increase, and the competition for the list has become more intense.
At the press conference, the WEI also released the "CBT 500 (Global) Listed Companies in 2020", "CBT 100 (GEM) Listed Companies in 2020", "2020 CBT 100 (China New Third Board Listing) Companies List" and "2020 List of China's Most Growing Listed Companies".
The WEI will hold the "20th China Business Top 100 Listed Companies Summit Forum" in Shanghai on November 27-28, 2020. With the theme of "capital market reform and high-quality development of China's economy", the forum will invite leaders of the state and relevant ministries and commissions, well-known experts and scholars and leaders of top 500 enterprises to discuss the overall plan for high-quality development of Chinese enterprises and economy; it will also honor the top 500 enterprises and outstanding entrepreneurs on the 2020 list.
In order to make the top 500 companies and all listed companies more sustainable, the WEI and the China Business Top 100 Listed Companies Summit Forum also announced the launch of the "Enterprise Value Enhancement Action Plan" to provide listed companies with comprehensive solutions to corporate value in compliance with laws and regulations, and plan to help listed companies become stronger and bigger.