Tencent Ali meituan, one of China’s top 500 private enterprises, ranks top three in 2020 From Hurun
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The following is the Tencent Ali meituan, one of China’s top 500 private enterprises, ranks top three in 2020 From Hurun recommended by recordtrend.com. And this article belongs to the classification: China’s economy.
Tencent’s value has increased by 2 trillion over last year, equivalent to an industrial and Commercial Bank of China. It has become the top 500 private enterprises with the highest value in China for the first time with 4.98 trillion yuan. The average value of Tencent has increased by 55% compared with last year, reaching 110 billion yuan, a record high. The value of 84 enterprises has doubled, and five enterprises have increased by more than 100 billion US dollars, led by Tencent. The other four are meituan, Alibaba, pinduoduo and Jingdong
Affected by the suspension of listing of ant group, Alibaba ranked second with the value of 4.78 trillion yuan, but still increased by 25% compared with last year. The value of meituan increased to three times last year, surpassing Ping An and ant group of China, and entering the top three with 1.63 trillion yuan
The top 10 new entrants of the two e-commerce companies: the value of pinduoduo increased by 4 times last year, reaching 1.14 trillion yuan, rising to the sixth place from the 14th place last year; the value of Jingdong increased to 3 times last year, reaching 996 billion yuan, rising from 12th place to eighth place last year
Affected by the novel coronavirus pneumonia, the big health industry has grown significantly this year, the first time to become the top 500 industries. The number of advanced manufacturing and real estate in the first second of last year increased by 40%, to 93, accounting for 18% of the total list, and 83 of advanced manufacturing ranked second. “We can see the changes in China’s economic structure from the list of the top 500 jointly released with Shimao Strait this year. The big health industry has increased by 40% compared with last year, while the real estate industry has decreased by 30%. Half of the 120 new companies on the list this year come from big health and advanced manufacturing. “
The top 500 enterprises in the real estate industry dropped by 30% compared with last year, ranking third with 48. Shell, the real estate trading service platform that successfully listed in the United States this year, was the second largest increase among the top 500 companies, with an increase of 783%. It leapt to the first place in the real estate industry with 530 billion yuan. Its value is close to the sum of the values of Longhu, country garden and Evergrande. Hurun said: “there are two major trends in the real estate industry recently. One is that many property companies are split up and listed. For example, Shimao service has successfully landed on the Hong Kong Stock Exchange recently, becoming the third listed company under Shimao system. The second is the transformation of the industry.”
New energy vehicles, entertainment and education are the three fastest growing industries this year, and the average valuation of the listed companies has more than doubled
BYD and Weilai lead the big automobile industry, with a value of more than 400 billion yuan, ranking in the top 20 of the list. Ideal automobile became the biggest value increase enterprise among the top 500 enterprises this year, up 1227% compared with last year, and entered the top 50 with RMB 1990 billion from 468th last year; Xiaopeng automobile also ranked among the top three with an increase of 659%, and it entered the top 50 with RMB 212.5 billion from 263 last year. Ningde times, which provides batteries for new energy vehicles, also rose 207% to 11th place from 25th last year with 593 billion yuan. “This year is the first time that electric vehicles have been ranked so prominent and so high that Chinese electric vehicle companies are clearly leading this global emerging industry,” Hurun said
Under the influence of chip outage, Huawei, which has just stripped off glory, has declined in value, ranking seventh with 1.1 trillion yuan
The value of byte jitter under the pressure of us ban increased by 32% over last year, ranking ninth with 700 billion yuan
“2020 Shimao Strait · Hurun China’s top 500 private enterprises” with a total value of 18.8 trillion, three times that of five years ago and 10 times that of ten years ago
Half of the top 500 enterprises are concentrated in the four cities of Beijing, Shenzhen and Hangzhou; the number of enterprises on the list of new first tier cities, including Hangzhou, Suzhou, Ningbo, Xiamen and Changsha, has increased. Beijing is still the city with the largest number of top 500 enterprises, with 94
The total sales volume of the top 500 enterprises last year was 22 trillion yuan, which was one fifth of China’s GDP last year and more than that of the UK in one year, with a total of 9.7 million employees. “It’s hard to imagine that China’s top 500 private enterprises have made a considerable contribution to China. Their total sales volume reached 22% of China’s GDP last year, and the top 500 enterprises solved nearly 10 million jobs,” Hurun said
It was founded in 1999, which is equivalent to 21 years old. 6 of the enterprises have 50 years of history, including the oldest and the most beautiful. 17 enterprises have been established in 5 years, including perfect diary company, Yimi electric business, Cambrian, pony Kwai hang, many spies, fast drivers, ideal cars and real cars.
In the top 500 private enterprises jointly released by Shimao Strait and Hurun Research Institute, the Shanghai Stock Exchange is regarded as the preferred listing exchange, with 121 listed companies listed on the Shanghai Stock Exchange, followed by the Hong Kong stock exchange with 96. 34 are listed in the United States. “Almost all of China’s top 500 private enterprises are listed in China. Outside China, only the United States is selected. 7% of the top 500 companies are listed in the United States, and no other country has any,” Hurun said
Nearly 10% of the enterprises on the list are listed in Hurun global Unicorn list this year
10% of the enterprises on the list do not have entrepreneurs on the Hurun 100 rich list, such as Ping An of China, Haier Zhijia and lufax
44% of the listed companies are also CEOs
Hurun Research Institute, which provides quality list and research, released “2020 Shimao Strait · Hurun China’s top 500 private enterprises”
——Looking for the most valuable private enterprises in China
(November 25, 2020, Foshan, Guangdong) Shimao Strait development company and Hurun Research Institute jointly released “Hurun China 500 most valuable private companies 2020, in association with Shimao Haixia” today, which lists the top 500 local private enterprises in China and ranks them according to their market value or valuation. The “private enterprises in China” here refers to the non-public enterprises with headquarters in mainland China. The market value of listed companies is calculated according to the closing price on October 15, 2020, and the valuation of non listed companies is estimated with reference to listed companies in the same industry. The market value of the listed companies which fluctuated greatly and ranked top had some adjustment before the release.
Shimao Strait development company and Hurun Research Institute held the “2020 Shimao Strait · Hurun China’s top 500 private enterprises conference and Dawan District Private Economy Forum” in Foshan, a node city of Guangdong, Hong Kong and Macao Bay area. This is the second time Hurun Research Institute has released the list of China’s top 500 private enterprises. Shimao Strait is the largest regional company under Shimao Group. Last year, Shimao Strait and Hurun Research Institute jointly released the unicorn index of Greater China region in the third quarter. This year, the two sides joined hands again in the Dawan District, indicating the firm determination of the bright future of China’s economic upgrading and upgrading. Similar to the rapid development of the listed companies, Shimao Strait has doubled its performance in the past four years and has become a banner of leapfrog development of regional companies. During the event, Hurun, chairman and chief research officer of Shimao Strait and Hurun Baifu, also exchanged views with some guests of listed enterprises in Taiwan, deeply explored the challenges and opportunities of high-quality development in Guangdong, Hong Kong and Macao Bay Area in the new period, and provided thoughts for private economy to play a greater role in it.
As of October 15, the Nasdaq was up 44% over the same period last year, the Shenzhen composite index was up 41%, the Shanghai composite index was up 11%, and the Hang Seng index was down 9%. “Tencent, the number one company this year, is amazing. Even with the Hang Seng index down by 9%, it has been able to rise by 75%,” Hurun said
This year, Shimao Strait and Hurun Research Institute jointly released a threshold of 23 billion yuan for China’s top 500 private enterprises, an increase of 9 billion yuan or 64% over last year. The total value of listed enterprises increased by 20 trillion over last year to 56 trillion, equivalent to nearly 60% of China’s GDP last year. The average value was 110 billion yuan, an increase of 39 billion yuan or 55% over last year. The value of 436 enterprises on the list has increased compared with that of last year, of which 120 are new ones; the value of 53 Enterprises on the list has decreased compared with that of last year, and 121 enterprises on last year’s list, including Momo, Ruixing coffee and Shenzhou Youche, etc. the value of 19 enterprises remains the same as that of last year.
Hurun said: “it is not easy to get on the list of China’s top 500 jointly released by Shimao Strait and us. This year’s threshold is 9 billion yuan higher than that of last year, reaching 23 billion yuan. However, there are still 120 new enterprises on the list. The average value of the top 500 enterprises has increased by 55% over last year, reaching 110 billion yuan. The enterprises on the list have reached world class in various fields. “
“The main factors of this year’s growth include: the rapid development of the new economy after the epidemic, and the good performance of the stock market. For example, the NASDAQ and Shenzhen composite index have increased by more than 40% compared with the same period last year, and the Shanghai Composite Index has increased by 11% compared with the same period last year, and there are also many new listed companies, which makes the total value of the top 500 companies this year increase to an all-time high.”
“The real strength of an enterprise depends on its ability to create value, not just sales. Some companies on the list of “2020 Shimao Strait · Hurun China’s top 500 private enterprises” have small sales but high value. For example, pinduoduo, with a sales volume of only 30 billion last year, was worth more than 1 billion. More than half of the companies on our top 500 list had sales of less than 20 billion yuan last year, but these enterprises with sales less than 20 billion yuan created an average value of 60 billion yuan. Although the sales volume of some enterprises is high, their market value is relatively small. For example, Sinopec’s sales volume last year was nearly 3 trillion yuan, 100 times that of pinduoduo last year, but its value was only 500 billion yuan, which was half of pinduoduo’s; last year, PetroChina’s sales volume exceeded 2.5 trillion yuan, but its value was more than 700 billion yuan, almost the same as byte jumping. “
“From the list of 2020 Shimao Strait · Hurun China’s top 500 private enterprises, we can see the vigorous development of China’s private economy. The total value of China’s top ten private enterprises has increased tenfold in the past decade. The top two Tencent and Alibaba are already equivalent to more than two Maotai and nearly three industrial and commercial banks. The combined value of Tencent and Alibaba has exceeded the combined value of the top five Chinese state-owned enterprises. The total value of China’s top five private enterprises is 14 trillion, nearly twice the total value of the top five state-owned enterprises, which is nearly twice of the total value of the top five state-owned enterprises. The value of the top five Chinese private enterprises has increased by 67% on average, nearly five times that of the average increase of 14% in the top five Chinese state-owned enterprises. “
“There is no doubt that today’s” Tam “era completely replaced the” bat “ten years ago. Meituan is now 5 Baidu.”
“Chinese top 500 enterprises should be welcomed by Chinese governments all over the country, because these enterprises have made great contributions to local economic development.”
Hurun also said: “Hurun Baifu has been committed to discovering the investment value of enterprises and promoting entrepreneurship through quality lists and research for more than 20 years. We hope that our list can encourage more entrepreneurs to focus on value creation, and help more people understand which industries are covered by China’s most valuable enterprises. “
The organizer of this cooperation, Shimao Strait, aims to build a “value oriented” company. Shimao Strait inherits Shimao gene, with the brand concept of “not shouldering the dream and responsibility, creating value for the times”, actively ploughs into the core strategic urban agglomeration and innovates to create high-quality products and services. The average sales growth rate for four consecutive years is more than 100%. In 2019, it will achieve an annual sales scale of 90 billion. This year, it will surpass 100 billion yuan. It is rated as the first regional company in China by the authoritative organization, and will leave The three strategic goals of becoming the most influential company in the bay area, the strongest ability to integrate resources and the most able to create value for users are closer.
“Our list of China’s top 500 private enterprises takes a snapshot of China’s private enterprises every year. The stories of these enterprises on the list can represent the current situation of China’s economy in recent years, and they are worthy of in-depth analysis of their successful cases by domestic and foreign-funded colleges.” Hurun added.
In the round table forum, Shimao Strait and Hurun, New Oriental, Haidilao and some other star enterprises on the list had in-depth exchanges on hot topics such as the development strategy of bay area enterprises, entrepreneurship in the new era, innovation driven and multi cross-border issues.
Among them, in view of the increasingly significant phenomenon of cross-border integration of enterprises in recent years, Xie Tao, general manager of Guangfo District of Shimao Strait development company, believes that it is necessary to adhere to the underlying logic of grafting resources based on customer value. Shimao Strait actively implemented Shimao Group’s “big aircraft strategy” of diversified development in Guangdong, Hong Kong and Macao Bay area. Besides the main real estate business, Shimao Strait introduced diversified business forms and composite resources, built super projects and benchmarking projects according to international standards, and provided value-added services for customers. According to Xie Tao, Shimao Taihe Guangzhou courtyard has introduced the resources of the Palace Museum to create the forbidden academy known as “walking culture” and create the beauty of humanity. In addition, five Hotel clusters signed by Zhuhai port city, Hong Kong, Zhuhai and Macao to create “Bay and sea never night city” to improve the quality of leisure and entertainment in the bay area.
In the event, Shimao Strait and Hurun jointly presented awards to the listed enterprises, and called for further promotion of the private entrepreneurship in the new era and empowerment for the development of Dawan district.
As the sponsor and partner of this conference, Shimao Strait is a regional company, but it actively practices the entrepreneurship of “daring to be the first and diligent in innovation”, and has become the pioneer and innovation model experimental field of Shimao Group. It has formed unique advantages in investment expansion, product creation, resource integration and organizational development. Therefore, it can start deep cultivation in Guangdong, Hong Kong and Macao Bay Area in 2019 After the strategy, it stands out from the fierce competition in the Dawan district market.
Top 10 of “2020 Shimao Strait · Hurun China’s top 500 private enterprises”
In the top 10, there are 4 enterprises with headquarters in Dawan district.
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
The ranking is higher than last year ↓ ranking is lower than that of last year – the ranking is the same as last year * new top 10
Top five Chinese state owned enterprises
Source: Hurun Research Institute
Top ten private enterprises in China five years ago & ten years ago
Source: Hurun Research Institute
Newly listed enterprises
There are 120 new companies on the list this year, of which 13 are worth tens of billions of dollars.
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
geographical distribution
In terms of provinces, Guangdong ranks first with 111. Zhejiang Province increased the most, 10 to 71. Guangxi, Hainan, Heilongjiang and Qinghai have none.
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
The ranking is higher than last year ↓ ranking is lower than last year – the ranking is the same as last year * new to the list
Industry distribution
Enterprises involved in emerging industries accounted for 49%, an increase of 2 percentage points over last year.
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
The ranking is higher than last year ↓ ranking is lower than last year – the ranking is the same as last year
Big health is affected novel coronavirus pneumonia. This year’s big health industry has increased significantly. The total number of enterprises listed on this list increased by 27 from last year to 93, mainly from the field of medicine and medical devices. Hengrui Pharmaceutical Co., Ltd. and Mindray Pharmaceutical Co., Ltd. ranked among the top two in the industry, with a value of more than 400 billion yuan, followed by yaomingkant, Zhifei biology, Yaoming biology and Aier Ophthalmology, with a value of more than 200 billion yuan.
The total number of advanced manufacturing enterprises in the advanced manufacturing industry has reached 83, mainly from the field of new energy and electronic components. Under the influence of chip outage, the value of Huawei, which has just stripped off glory, has declined, ranking first in the industry with 1.1 trillion yuan. Ningde era, the leader of new energy batteries, ranks second in the industry with a value of 593 billion yuan, followed by Xiaomi, BYD, lichen precision and Weilai, all worth more than 400 billion yuan.
Real estate: the number of listed enterprises in the real estate industry dropped significantly this year, with a decrease of 20 to 48 compared with last year. Shell, a real estate trading service platform that has successfully listed in the United States this year, has jumped to the first place in the industry with a value of 530 billion yuan, which is close to the total value of Longhu, country garden and Evergrande. Longhu surpassed country garden and Evergrande for the first time, ranking second in the industry.
There are 22 enterprises in the media and entertainment industry. Tencent is far ahead. Under the pressure of ban in the United States, byte jitter value increased by 32% over last year, ranking second in the industry. Recently, some media reports said that byte beat is conducting preliminary negotiations on a new round of financing activities, and the company’s valuation will exceed 1 trillion yuan. Netease’s value increased by 46% over last year, ranking third in the industry.
17 e-commerce enterprises were listed. Alibaba is far ahead. Meituan takes the place of Jingdong to enter the top three in the industry and ranks the third in the industry with more than one billion yuan worth of the top three.
Education traditional education enterprises are affected by the epidemic situation, accelerate the expansion of online education, benefit from the vast market space of online education, and the performance of enterprises listed in the education industry is stable, with a total of 10 enterprises on the list. Tal, China public education and New Oriental are among the top three in the industry.
The biggest increase
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
10 entrepreneurs own two or more companies in the top 500
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
In the list of 2020 Shimao Strait · Hurun China’s top 500 private enterprises, 15 enterprises have more than 100000 employees. Among them, Pacific construction, Ping An of China and BYD have 450000, 370000 and 230000 employees respectively.
The 3 companies are headed by overseas Chinese mainland: Lin Hongxiu, an Indonesian Qinhuai who is an overseas Chinese, an American John Oyler of the biological medicine company, and an American Michael Foust of data.
Listed exchange
Among the top 500 companies, 78% are listed companies, 22% are unlisted companies or only partially listed.
Source: 2020 Shimao Strait · Hurun China’s top 500 private enterprises
Compilation method
“2020 Shimao Strait · Hurun China’s top 500 private enterprises” lists China’s top 500 local private enterprises, which are ranked according to their market value or valuation. The “private Chinese mainland” refers to the non-public owned enterprises in mainland China. If the parent company holds more than 50% of the company, it will not be listed on the list alone. For example, if Alibaba is a wholly-owned acquisition company, it will not be listed separately; if the valuation of the parent company holding no more than 50% exceeds the threshold, it will be listed separately, such as JD digital.
The market value of listed companies is calculated according to the closing price on October 15, 2020, and the valuation of non listed companies is estimated with reference to listed companies in the same industry. The market value of the listed companies with the highest ranking and larger fluctuation has been adjusted.
“We predict that there should be more than 200 enterprises that are likely to be eligible for the list, but because there is no publicly disclosed information, there is no formal evaluation of its value. For example, last year’s Nongfu mountain spring almost had no publicly disclosed information before it went public, so we can see its real scale after it goes public,” Hurun said
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