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Top 10 List

Top 10 Chinese firms by operation revenue

chinadaily.com.cn Updated: Sept 22, 2022

The top 500 Chinese firms broke the 100 trillion yuan ($14.42 trillion) operation revenue threshold for the first time in 2022, according to the latest Top 500 Chinese Enterprises released by the Chinese Enterprise Confederation on Sept 6.

The 2022 top 500 firms realized a fast growth in operation revenue, totaling 102.48 trillion yuan, an increase of 12.65 trillion yuan or 14.08 percent from a year earlier. Their total asset was registered at 372.53 trillion yuan, 28.95 trillion yuan higher than the top 500 last year, up 8.43 percent. The threshold to be included in the top 500 has continued to rise for 20 straight years with this year's threshold lifted to 44.63 billion yuan, up 13.74 percent from previous year.

The number of firms with operation revenue higher than 1 trillion yuan expanded to 12, for the first time reaching a number higher than 10. Among the top 500 this year, 244 firms saw their operation revenue reach over 100 billion yuan, accounting for nearly 50 percent of the total firms, and an increase of 22 percent from last year's ranking.

Let's take a look at the top 10 on the ranking:

 

No 10 China State Railway Group

Operation revenue: 1.07 trillion yuan

People visit the booth of the China State Railway Group at 2022 China International Fair for Trade in Services in Beijing on Sept 3. [Photo/VCG]

 

No 9 Sinochem Holdings

Operation revenue: 1.12 trillion yuan

Sinochem's booth is seen during an expo in Shanghai. [Photo/China Daily]

 

No 8 Agricultural Bank of China

Operation revenue: 1.17 trillion yuan

The Logo of Agricultural Bank of China. [Photo/IC]

 

No 7 Ping An Insurance

Operation revenue: 1.18 trillion yuan

The company logo of Ping An Insurance is seen in Beijing on Aug 27, 2020. [Photo/Agencies]

 

No 6 China Construction Bank

Operation revenue: 1.23 trillion yuan

A China Construction Bank booth at a financial exhibition in Beijing. [Photo provided to China Daily]

 

No 5 Industrial and Commercial Bank of China

Operation revenue: 1.43 trillion yuan

The logo of the Industrial and Commercial Bank of China. [Photo/Agencies]

 

No 4 China State Construction Engineering Corporation

Operation revenue: 1.89 trillion yuan

View of the stand of China State Construction Engineering Corporation during an exhibition in Shanghai. [Photo/IC]

 

No 3 China Petroleum & Chemical Corporation

Operation revenue: 2.59 trillion yuan

A Sinopec gas station is seen in Shanghai on June 15, 2022. [Photo/VCG]

 

No 2 PetroChina Company Limited

Operation revenue: 2.66 trillion yuan

A PetroChina gas station is seen in Beijing on April 24, 2022. [Photo/VCG]

 

No 1 State Grid Corp

Operation revenue: 2.97 trillion yuan

A logo of State Grid is seen in Beijing on June 4, 2022. [Photo/VCG]

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Top 10 List

Top 10 Chinese firms by operation revenue

chinadaily.com.cn Updated: Sept 22, 2022

The top 500 Chinese firms broke the 100 trillion yuan ($14.42 trillion) operation revenue threshold for the first time in 2022, according to the latest Top 500 Chinese Enterprises released by the Chinese Enterprise Confederation on Sept 6.

The 2022 top 500 firms realized a fast growth in operation revenue, totaling 102.48 trillion yuan, an increase of 12.65 trillion yuan or 14.08 percent from a year earlier. Their total asset was registered at 372.53 trillion yuan, 28.95 trillion yuan higher than the top 500 last year, up 8.43 percent. The threshold to be included in the top 500 has continued to rise for 20 straight years with this year's threshold lifted to 44.63 billion yuan, up 13.74 percent from previous year.

The number of firms with operation revenue higher than 1 trillion yuan expanded to 12, for the first time reaching a number higher than 10. Among the top 500 this year, 244 firms saw their operation revenue reach over 100 billion yuan, accounting for nearly 50 percent of the total firms, and an increase of 22 percent from last year's ranking.

Let's take a look at the top 10 on the ranking:

 

No 10 China State Railway Group

Operation revenue: 1.07 trillion yuan

People visit the booth of the China State Railway Group at 2022 China International Fair for Trade in Services in Beijing on Sept 3. [Photo/VCG]

 

No 9 Sinochem Holdings

Operation revenue: 1.12 trillion yuan

Sinochem's booth is seen during an expo in Shanghai. [Photo/China Daily]

 

No 8 Agricultural Bank of China

Operation revenue: 1.17 trillion yuan

The Logo of Agricultural Bank of China. [Photo/IC]

 

No 7 Ping An Insurance

Operation revenue: 1.18 trillion yuan

The company logo of Ping An Insurance is seen in Beijing on Aug 27, 2020. [Photo/Agencies]

 

No 6 China Construction Bank

Operation revenue: 1.23 trillion yuan

A China Construction Bank booth at a financial exhibition in Beijing. [Photo provided to China Daily]

 

No 5 Industrial and Commercial Bank of China

Operation revenue: 1.43 trillion yuan

The logo of the Industrial and Commercial Bank of China. [Photo/Agencies]

 

No 4 China State Construction Engineering Corporation

Operation revenue: 1.89 trillion yuan

View of the stand of China State Construction Engineering Corporation during an exhibition in Shanghai. [Photo/IC]

 

No 3 China Petroleum & Chemical Corporation

Operation revenue: 2.59 trillion yuan

A Sinopec gas station is seen in Shanghai on June 15, 2022. [Photo/VCG]

 

No 2 PetroChina Company Limited

Operation revenue: 2.66 trillion yuan

A PetroChina gas station is seen in Beijing on April 24, 2022. [Photo/VCG]

 

No 1 State Grid Corp

Operation revenue: 2.97 trillion yuan

A logo of State Grid is seen in Beijing on June 4, 2022. [Photo/VCG]

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