Anta, A Shoe Maker, Ranks Among The Top Chinese Enterprises.
The Chinese version of Forbes, the famous business magazine, recently released the list of top Chinese companies in 2008.
This is Forbes's survey of China's large non-state-owned enterprises for third consecutive years, with 100 companies listed.
5 Fujian enterprises are among the top Chinese enterprises, including Anta sports and Heng An International 2 Quanzhou enterprises.
The selection of the top companies list can only be included in the survey in 2007 when the sales volume exceeds 3 billion yuan, and the main business in the domestic non-state-owned enterprises. The list is weighted by the weighted average return rate (total assets return, net asset return), growth index (sales growth rate, profit growth rate) and profitability index (sales profit rate) of candidate enterprises in 2005 -2007 3 years, and based on the sales scale of the enterprises in the past 3 years. China Ping An, Lenovo holdings and Rizhao steel occupy the top three. Anta sports and Heng an international ranked sixty-second and sixty-ninth, of which Anta was first selected. The other 3 listed companies in Fujian ranked twelfth, sixty-sixth and seventy-ninth in Zijin mining, Fuyao Glass and super modern agriculture.
The total assets of the 100 enterprises entered the list in 2007 were 40 billion 500 million yuan, nearly 2 times as much as the previous year, with an average sales volume of 19 billion 600 million yuan, an increase of 46%% over the previous year, with an average profit of 1 billion 700 million yuan, an increase of 73%% over the previous year. This shows that the scale of the selected enterprises has greatly improved while the growth has also been significantly improved. In the list of selected enterprises, iron and steel enterprises and real estate enterprises still occupy an important seat. Many textile enterprises are deeply affected by various factors, while the number of agricultural and animal products production and processing enterprises has increased significantly. At the same time, new Internet companies, new media company and new energy companies have begun to appear in this list dominated by traditional industries.
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