Recently, the Hurun Research Institute released the "2023 Hurun Global 500", which is also the fourth consecutive year that the institution has released the "Global 500" list.
The top spot for 2023 is still defended by Apple, followed by the parent companies of Microsoft and Google.
In the top 10 of the list, Chinese companies occupy only one spot, and that is TSMC from the treasure island of Taiwan.
Most of the other 32 Chinese companies on the list are also platforms that rely on Internet technology to rise, such as Tencent, Alibaba, ByteDance, etc.
Huawei, which was pinned on by the Chinese people, "regressed" by 91 places, falling out of the top 100, and has now been overtaken by BYD.
For the rise and fall of enterprise rankings, Hurun Research Institute also gave corresponding explanations: some are affected by splits and mergers, and some are due to statistical time. Some netizens compare the real data**, saying that Huawei is not a listed company, so how is its value estimated?
Some netizens also said that the rise and fall every year is a game for the rich, let's eat melons and the masses just watch the excitement, why take it seriously.
What do you think of the Hurun list?
The Hurun Research Institute explained in the report that among the world's top 500 non-state-owned enterprises participating in the ranking, the market value of listed companies is calculated according to the ** price on October 31 last year, and the valuation of non-listed companies is estimated with reference to listed companies in the same industry or according to the latest round of financing.
From the perspective of country distribution, the United States occupies "half of the country" with 261 companies.
The vast majority of the world's top 10 companies are American companies, in addition to the familiar Apple, Microsoft, Google, Amazon, Tesla, as well as the fast-growing Nvidia and Meta Platforms.
TSMC, the only top 10 company in China, has advanced 7 places compared to 2022, with a valuation of 3,707 billion yuan.
This time, a total of 33 Chinese companies made the list, which is two fewer than last year, but still ranks second in the world in terms of the number of companies.
In addition to the aforementioned TSMC, Tencent and Pinduoduo followed closely behind, reaching 930 billion yuan and 670 billion yuan respectively.
In terms of rankings, the biggest increase was made by Xiaomi, which rose from 483 in 2022 to 271 in 2023. The largest decline was in Haitian Seasoning Food, which is currently at 487 after falling 167 places.
Other companies that made it to the list for the first time include Li Auto, Kuaishou, Anta Sports, Luxshare Precision and Haier Smart Home, a total of 5 companies.
Seven companies fell out of the list, including LONGi Green Energy, Jingdong Technology, Tongwei, Aier Ophthalmology, SF Holdings, Taikang Group and Muyuan Food.
The average age of Chinese companies on the list is 27 years old, far lower than the average age of 68 years old in the entire list.
In other words, the average establishment time of the world's top 500 companies was around the 1950s, that is, the beginning of the third industrial revolution.
However, Chinese enterprises have seized the opportunity of the "fourth industrial revolution" and have grown rapidly by taking advantage of the new technological revolution in the 21st century.
Among post-2000 startups (including unicorns that have not yet gone public), China and the United States are evenly divided.
From the perspective of the industry in which they are located,Media and entertainment, logistics and transportation, and new energy vehicles will be the main areas of competition between China and the United States in the future.
Of the 10 youngest companies, only Pinduoduo, OpenAI, and Li Auto are start-upsand the rest are mergers or spin-offs.
It can be seen that although the number of Chinese companies in the top 500 is not large, the follow-up development potential is unlimited.
So, which cities in China have these promising companies?
The 33 companies on the list are distributed in 13 cities, of which Shenzhen and Beijing both have 7 tied for the first place, followed by Hangzhou and Shanghai.
There are up, naturally there are down, and in 2023, a total of 148 companies will fall in value and 48 companies will fall off the list.
The healthcare sector accounted for 40% of the top 10 companies with the largest decline in value, with the biggest losers being Johnson & Johnson, which is facing talc-related lawsuits, and Pfizer, which is affected by declining demand for COVID vaccines.
In terms of the percentage of decline, South Korea's Hyundai Motor fell by 54% in value due to competition from electric vehicle manufacturers and chip shortages.
Another company affected by chips is also the reason why many people are surprised by this listHuawei, which is more popular in China, ranked sixth with a drop of 410 billion yuan, and its overall ranking also fell from 69th to 160th.
Interestingly, BYD, as the only Chinese company on the list whose ranking has not changed, has instead "won" Huawei.
In this regard, the explanation given by the Hurun Research Institute is that Huawei's lucrative mobile phone business has been hit by the chip ban.
Although Huawei released the Mate 60 series mobile phones shortly after the statistics of this list ended, Hurun still gave an estimated value of 572 billion yuan.
On December 29 last year, Huawei's rotating chairman Ken Hu said in his New Year's speech that Huawei's sales revenue in 2023 is estimated to be about 700 billion yuan.
Write at the end:
Now everyone is familiar with the "Hurun List", and its founder Hurun was the first to do accounting.
Being able to make money through a variety of rankings, entrepreneurs with financial backgrounds do have something.