2022年《财富》世界500强排行榜

Fortune Plus APP released the latest Fortune Global 500 ranking simultaneously with the world on August 3, 2022, Beijing time. For more lists and in-depth business reports in the future, please pay attention to the official website and WeChat of Fortune Chinese. Search "Wealth Plus" in the App Store to install the official APP, and get notifications as soon as possible. At the same time, you can query and analyze all historical data for free.

Based on the data on this list, people can understand the latest development trends of the world's largest companies. Through comparisons between different years vertically and across different industries, people can not only understand the rise and fall of enterprises, but also understand changes in the company's operating quality such as return on sales, return on net assets, and productivity of all employees. At the same time, in-depth country or regional research can reveal changes in the distribution of large business groups. For Chinese readers, in particular, it can provide an in-depth understanding of the competitive trends, strengths, weaknesses, and potential gaps between China and the world's major companies.

In 2021, the shadow of COVID-19 will still cast its shadow over the world, but the world economy is struggling to restart amid the epidemic. However, the total operating revenue of this year's Fortune Global 500 companies was approximately US$37.8 trillion, a sharp increase of 19.2% from the previous year (the largest increase in the history of the list), equivalent to one-fifth of global GDP that year. Second, it is close to the combined GDP of China and the United States. The threshold for entering the rankings (minimum sales revenue) also jumped from US$24 billion to US$28.6 billion.

At the same time, the total net profit of all companies on the list this year is approximately US$3.1 trillion, a sharp increase of 88% year-on-year, the largest increase since 2004.

Walmart is the world's largest company for the ninth year in a row, Amazon has risen to second place, and China's State Grid Corporation of China is in third place. PetroChina and Sinopec ranked fourth and fifth respectively. Volkswagen's ranking (8th) surpassed Toyota (13th) and regained the title of "the world's largest automobile manufacturer".

In terms of profitability, Saudi Aramco topped the list with profits of approximately $105.4 billion. Apple ranked second on the profit list, with profits of more than $94.6 billion, and Berkshire Hathaway ranked third with profits of approximately $89.8 billion. Google parent company Alphabet and Microsoft ranked fourth and fifth in the profit list respectively, with profits exceeding US$60 billion each. The three major Chinese commercial banks, Industrial and Commercial Bank of China, Construction Bank of China and Agricultural Bank of China, continue to rank among the top ten in profit list, with the profit of Industrial and Commercial Bank of China reaching US$54 billion.

This year, the growth in the number of companies in mainland China (including Hong Kong) has declined. Compared with an increase of 11 companies last year, this year only one more company has been added, reaching 136. Including companies from Taiwan, China has a total of 145 companies on the list, and the number of large companies continues to rank first among all countries. For comparison, a total of 124 companies in the United States are on the list this year, 2 more than the previous year.

There are a total of 44 new and re-listed companies on the Fortune Global 500 list, 14 of which are Chinese companies. They are: China Sinochem Holdings Co., Ltd., Susun Construction Group Co., Ltd., Hangzhou Iron and Steel Co., Ltd. Group Co., Ltd., Shudao Investment Group Co., Ltd., China Aviation Fuel Group Co., Ltd., Hunan Iron and Steel Group Co., Ltd., Lu'an Chemical Group Co., Ltd., Xinjiang Zhongtai (Group) Co., Ltd., BYD Co., Ltd., SF Holding Co., Ltd. Co., Ltd., Shandong Hi-Speed ​​Group Co., Ltd., Chengdu Xingcheng Investment Group Co., Ltd., Shanghai Delong Steel Group Co., Ltd., and China Petroleum Corporation of Taiwan Co., Ltd.

This year, the average operating income of mainland China (including Hong Kong) companies reached US$80.98 billion, a significant increase compared with last year's figures; in addition, the average total assets were US$358 billion, and the average net assets were US$43.18 billion, both exceeding the average of the Fortune 500. level.

However, the gap between the profitability of Chinese companies and the average level of the world's top 500 companies has widened. The average profit of China's 145 companies on the list is about US$4.1 billion. Although it has improved compared with itself, the average profit of the Fortune Global 500 rose to US$6.2 billion during the same period. Some countries are used as comparison objects: for example, the average profits of German companies on the list are US$4.4 billion, British companies are US$6.96 billion, Canadian companies are US$4.75 billion, French companies are US$4.85 billion, and Brazilian companies are US$8.48 billion, etc., all higher than Chinese companies. . Compared with American companies on the list, the profit gap between Chinese companies is even more obvious. In 2022, the average profit of the 124 American companies on the Fortune Global 500 is as high as US$10.05 billion, almost 2.5 times that of the Chinese companies on the list. The profits and growth rates of Chinese companies on the list are far lower than the U.S. and world averages.(Follow the official website and WeChat of "Fortune Chinese Network", download the official APP of "Fortune Plus", and get "Chinese companies on the Fortune 500", "Most Profitable Companies", "Loss-making Companies", "Industry" and "ROE" for free , "profit rate" and other corresponding sub-lists)

At the same time, calculated based on the above data, the average return on sales of the companies on the list in mainland China is 5.1%, the return on total assets is 1.15%, and the return on net assets is 9.5%. All three indicators lag behind the average of the Fortune Global 500. level. Compared with American companies, the three indicators of the 124 American companies on the list are 11%, 3.21% and 21.9% respectively, and their operating conditions are significantly better than those of the Chinese companies on the list. Special writer Wang Zhile analyzes: In 2021, other countries, especially American companies, emerged from the predicament in the fight against the epidemic and quickly resumed global operations. As a result, the gap between the Chinese companies on the list and them has widened again based on the narrowing last year.

There are 10 Chinese banks on the list this year. The profits of these 10 banks account for 41.7% of the total profits of all mainland Chinese companies on the list. The profit proportion of the banks on the list is still very high. Excessive bank profits will inevitably squeeze the profits of non-financial companies. If the profits earned by banks are not calculated, the average profit of the 126 non-bank companies in mainland China on the list in 2021 is only US$2.6 billion. For comparison, the average profit of 117 U.S. non-bank companies is nearly US$9.2 billion. The gap has increased compared with last year, exceeding 3.5 times that of non-bank companies in mainland China.

In terms of return on equity (ROE), AmerisourceBergen jumped to first place with a return on equity of approximately 690%, Oracle ranked second, and Apple ranked third; among the top Chinese companies 10 are China National Pharmaceutical Group Co., Ltd., Lenovo Group Co., Ltd., Shandong Iron and Steel Group Co., Ltd., Tsingshan Holding Group Co., Ltd., Tencent Holdings Co., Ltd., TSMC, Huawei Investment Holdings Co., Ltd., Hengli Group Co., Ltd., Zhejiang Rongsheng Holding Group Co., Ltd., Shanghai Delong Steel Group Co., Ltd.

In the profit margin list, the highest ranking company is Investor AB (Investor AB) of the Swedish Wallenberg family, with a profit margin of 85.9%. This company is also on the list for the first time; Novartis ranks second, and Vale of Brazil ranks second. the third. Tencent ranks fourth with a profit margin of over 40%. It is worth noting that among the Chinese companies on the list, the top ten most profitable companies, except for Tencent, TSMC and Huawei, are all commercial banks.

In terms of changes in rankings, the fastest rise this year is Anshan Iron and Steel Group, which jumped 183 places to 217th. French CMA CGM rose 165 places to 228th. China Coal Energy Group rose 154 places. , ranked 297th. Tesla also moved up 150 places to 242nd. The remaining Chinese companies that rose more than 100 places include Zhejiang Communications Investment Group, China Electronics Technology Group, China Ocean Shipping Group and Guangzhou Construction Group.(Download the official "Fortune Plus" APP to get historical data from previous years for free.)

At the industry level, a comparison of the industry structures between China and the United States can be found: China has 19 metal products companies on the list, with an average profit of only US$1.1 billion; the United States has only one steel company, Nucor, in this category, with a profit of US$7 billion. China has 12 construction and engineering companies and six coal mining companies. The United States has no companies listed in these categories.

At the same time, the real estate companies on the list are all from China. However, there are only 5 real estate companies in China this year, 3 less than the previous year. Compared with last year, the average operating income of these real estate companies has increased, reaching 67.88 billion US dollars. But average profits fell, to $2.87 billion.

Wang Zhile analyzed this and pointed out: Since the reform and opening up, especially since joining the WTO, China's economic development has experienced large-scale industrialization and urbanization. The real estate industry, building materials, metal products, mining, engineering construction and other industries have risen rapidly, forming a number of large-scale leading enterprises. In recent years, as industrialization and urbanization have been basically completed, the operating performance of companies in these industries has declined, and some have withdrawn from the list. Those on the list have dragged down the overall operating performance of Chinese companies on the list.

Looking at cutting-edge industries, there are six Internet companies on the list this year, including Amazon, Alphabet, and Meta Platforms in the United States, as well as China's JD.com, Alibaba Group, and Tencent Holdings. The rankings of these major Chinese and American Internet companies have improved compared with last year.

Continuing last year’s focus on ICT companies (information and communication technology industry enterprises), in this most competitive high-tech industry in the world, there are 19 companies in the United States on the list, with an average operating income of US$126.2 billion and an average profit of US$23.7 billion. . There are 12 Chinese ICT companies on the list, with an average operating income of US$78.7 billion and a profit of US$7.7 billion. Wang Zhile pointed out: Although the operating performance of these Chinese companies has improved significantly, the average profit of American companies in this category is three times that of China; considering that the United States and other developed countries control the core components and key technologies of the industry, and have supervision over Chinese companies To continue to strengthen, Chinese ICT companies need to continue to work hard to reduce the gap with companies in the United States and Western countries.

In addition, observed at the overall industry level: the total revenue of aerospace and defense companies increased by 9%, and total profits surged by 298%; the total revenue of automobile and parts companies on the list increased by 16%, and total profits surged by 242%.

Finally, compare state-owned enterprises and private enterprises in mainland China: 86 state-owned enterprises are on the list this year, with average operating income of US$92.3 billion, operating profit of US$3.95 billion, total assets of US$415.3 billion, and net assets of US$50.8 billion. At the same time, the four figures for the 50 private companies on the list were US$61.4 billion, US$4.42 billion, US$260.8 billion and US$34.9 billion respectively. Based on these data, we can calculate that the return on sales of private enterprises on the list is 7.2%, the return on total assets is 1.7%, and the return on net assets is 12.7%. The three indicators of state-owned enterprises on the list are 4.3%, 0.95% and 7.8% respectively. Obviously, the operating conditions of private enterprises on the list are better than those of state-owned enterprises, and their profitability is stronger than that of state-owned enterprises. However, the profitability of state-owned enterprises is not strong, and improving competitiveness is the future goal.(Follow the official website and WeChat of "Fortune Chinese Network". Download the official APP of "Fortune Plus" and read the analysis article "The number of large Chinese companies has stabilized and corporate competitiveness urgently needs to be strengthened" for free)

Overall, the number of Chinese companies on the Fortune Global 500 list in 2022 has increased and their scale has expanded. However, the global industrial chain is being reorganized, and the rules of global corporate competition will also be restructured. In the future, large Chinese companies will inevitably face more severe challenges.

Highlights of the list

The total operating income of the companies on this year's list reached 37.8 trillion U.S. dollars, and the total net profit reached 3.1 trillion U.S. dollars, both setting new highs in the history of the list.

The total revenue of the companies on this year's list increased by 19.2% compared with the previous year, which is the largest increase in the history of the list; the total net profit increased by 88% from the previous year, which was the largest increase since 2004.

The revenue of Chinese companies on the list accounts for 31% of the total revenue of the 500 companies on the list, surpassing the United States for the first time. The companies on the list in the United States account for 30% of the total revenue of the companies on the list.

Among the top five companies on the list, three companies are from China, namely State Grid, PetroChina, and Sinopec.

Saudi Aramco became the "most profitable company" on the list with a profit of approximately US$105.4 billion. Apple dropped from the top spot on last year's profit list to second place, with profits of $94.68 billion.

The number of companies on the list in Beijing, Tokyo, New York, London and Seoul is close to one-third of the total number of companies on the list.

The insurance (51 companies), banks (44 companies), vehicle and parts manufacturing (33 companies), oil refining (30 companies), and metal (27 companies) industries have the most companies on the list.

The total operating income and total profit of the top 50 companies on the list accounted for 31% and 33% of the total operating income and total profit of all listed companies respectively.

Since 1995, 151 companies have never failed to make the list.

Among the top ten companies in the profit list, nine companies are from China and the United States.

The combined profits of Industrial and Commercial Bank of China, Bank of China, China Construction Bank and Agricultural Bank of China reached US$171.9 billion. Each of China's four largest banks has assets on their balance sheets of no less than $4 trillion.

Japan's SoftBank Group topped the list of losses. The company's net loss in 2021 was US$15.2 billion.

Volkswagen has surpassed Toyota in the rankings and regained the title of "the world's largest automobile manufacturer".

If ranked by country, the United States, China, Japan, Germany and France rank among the top companies in terms of operating revenue and profits. The total operating income and total profits of the companies on the list in these five countries account for approximately two-thirds of the total operating income and total profits of all companies on the list.

China’s Internet giants JD.com, Alibaba and Tencent have all improved their rankings on this year’s list, ranking 46th, 55th and 121st respectively. This is the highest ranking year since these three companies appeared on the list.

Tesla appears on the list for the second time, jumping 150 spots to 242nd this year. In 2021, the company's revenue surged 71%.

The CEOs of 24 companies on the list are women, one more than the previous year.

There are seven industries with annual profit growth of at least 200%: energy, transportation, business services, media, aerospace and defense, chemicals, and automobiles and parts.

The total revenue of aerospace and defense companies on the list increased by 9%, and their total profits soared by 298%.

The total revenue of the automobile and parts companies on the list increased by 16%, and the total profit surged by 242%.

The three technology giants Apple, Alphabet and Microsoft have combined revenue of US$232 billion

http://www.fortunechina.com/fortune500/c/2022-08/03/content_415683.htm