China's Top 100 Listed Companies Released Sinopec Topped Again

The 2004 “Top 100 Listed Companies in China’s Listed Companies” was released yesterday. Sinopec once again topped the list with total profit of 53.535 billion yuan, followed by Baosteel with 13.588 billion yuan, and Huaneng Power, China Unicom, and Yangzi Petrochemical ranked top in the list.
Top 100 rankings show that in 2004, the top 100 companies created a total profit of 208.437 billion yuan, an increase of 48.63% over 2003, reaching 3.87 times the total profit of the first 100 top companies (2000), and the top 100 companies’ overall profitability. A step. With the improvement of the overall profitability of the company, the top 100 companies have entered the threshold. In 2004, the total minimum profit of listed companies listed in the top 100 was 472.55 million yuan, an increase of 28.8% from the 100th in 2003.
The degree of industry prosperity to a certain extent dominated the performance of listed companies. The performance of the petrochemical, steel, banking, and automobile sectors is particularly evident. In 2004, the petrochemical, steel, and banking industries continued to rise and their profits grew rapidly. A total of 36 Top 100 companies belonged to these three industries, and their total profit was as high as 129.887 billion yuan, accounting for 62.3% of the total profits of the top 100 companies.
Judging from the geographical distribution of the top 100 companies, Guangdong and Shanghai occupy half of the country. Among them, 16 of the top 100 companies are from Guangdong and 15 are located in Shanghai. In addition, there are 11 in Shandong and 9 in Beijing. Only the companies listed in these four provinces and cities account for 51% of all top 100 companies. In addition, it is worth mentioning that 15 new faces appeared in the top 100 rankings, including Huadian International and Jinan Iron & Steel, which were newly listed in 2004, demonstrating the strong competitiveness of new companies; SDB A, Sinochem International, and èµ£After one year's efforts, Guangdong Expressway and Jinniu Energy have re-entered the top 100.
According to reports, the “Top 100 Listed Companies in China” launched by the Wharton Institute of Comprehensive Economics and the Economic Times magazine have been consecutively selected for five times since 2001.

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