Who are the 5 largest companies in China in 2023?How much do they make in a year?After reading it, refresh your perception of money.
According to the old Xi of the Fortune 500, we use the annual revenue level to look at the 5 largest companies in China in 2023, only one is a private enterprise, you must know that in 2022, 142 companies in China will enter the world's top 500, more than the United States, but 97 of them are state-owned enterprises, so foreigners have been dissatisfied that we cheat.
At present, China's fifth largest company is not in the mainland, but Taiwan Province Hon Hai Precision Industry Co., Ltd. *** Many people will confuse this company with TSMC, TSMC is making chips, and Hon Hai is the parent company of Foxconn Technology, with an annual revenue of 22253.5 billion US dollars, ranked 27th in the world, is the world's largest 3C generation of business, but also the largest Chinese technology enterprises, Apple, Amazon, Huawei, Lenovo, Nokia, Nvidia, etc. are all big customers of Hon Hai.
Many people will think that it is the first of the four major banks, ICBC, in fact, China State Construction Group will make more money than the four major banks, and China Construction has an annual revenue of 3058$8.4 billion, ranking 13th in the world.
The predecessor was the State Administration of Construction Engineering, and the predecessor of each sub-bureau was the infrastructure engineering corps of the various troops, and now it is the world's largest residential engineering builder, because the real estate project is not a people's livelihood project and there is no operating patent, so China Construction is also one of the few state-owned giants that does not occupy national investment and natural resources and competes with other enterprises completely.
More than ninety percent of China's super high-rise More than half of the key airports and nuclear power plants are completed by China Construction, and there are still a lot of businesses overseas, the strength of China Construction is here, you either choose me, or don't build.
Sinopec, annual revenue of 4711$54.2 billion, profit 96With 56.9 billion US dollars, ranking sixth in the world, I don't need to say more about why this company is so profitable, it is not so much a company as a tax, and in 2022, Sinopec will pay a total of 264 billion yuan in taxes other than income tax.
Annual revenue of 4830$18.2 billion for another oil giant, and a whopping 21079.7 billion US dollars, ranking fifth in the world.
The main reason for the difference in profits is that the division of labor between the two barrels of oil is different, the petrochemical industry mainly relies on imports, and has a strong chemical industry, while PetroChina has its own oil and gas fields, and the industry is mainly concentrated in the upstream, so you think the oil products of the two barrels of oil are better.
State Grid's revenue in 2022 is 530 billion US dollars, second only to Saudi Aramco and Walmart in the world, and it is also a rare non-listed enterprise in the top 500, not even necessarily a company, China's electricity consumption in 2022 is 8,637.2 billion kilowatt hours, and the State Grid accounts for 7% of the national electricity sales market, but under the huge revenue, the profit of the State Grid is only 81900 million US dollars, and now it is still in debt of nearly 3 trillion yuan, so the State Grid is also the one with the best reputation among so many state-owned enterprises.
Looking at the 142 Chinese companies in the world's top 500, unlike the situation of American technology and Internet companies, we are mainly state-owned enterprises, and mostly concentrated in the fields of energy, chemical and finance.
I still look forward to these giants going out bigger and stronger to become a real global top 500.