On July 24, the Fortune 500 list was released. The total revenue of 500 listed companies this year was 50.5 trillion yuan, up 11%. This year, 39 companies were newly listed or re listed, and 15 companies failed to make profits.

Among the top 500 giants in China, the total operating revenue was 50.5 trillion yuan, up 11%; Net profit was 4.2 trillion yuan, up 16%. You know, China's GDP in 19 years was 99 trillion yuan. That is to say, the revenue of these 500 enterprises alone has exceeded half of the national GDP.

• In terms of revenue, the threshold for this year's listing rose to 17.8 billion yuan, and the old industries such as oil, banking and real estate ranked top.

• In terms of profitability, the top 10 companies have a total profit of 1.7 trillion yuan, accounting for 40% of the total profits of all listed companies... showing great differentiation. Among the top 10 profitable companies, in addition to classic bancassurance companies, Alibaba, China Mobile and Tencent are the old faces.

• The highest net profit is Guizhou Moutai (22 in the earning list). Although the revenue ranks only 114, the net profit is as high as 46.38%

Loss list

Among the familiar technology companies, Pinduoduo (30.1 billion, 321) and Chuanyin (25.3 billion, 360, mainly engaged in the African market, known as the king of African mobile phones) were listed for the first time. Only 15 failed to make a profit, and iQiyi (with a loss of 10.3 billion yuan) and Pinduoduo (with a loss of nearly 7 billion yuan) ranked second and third respectively in the loss list. The most inspiring is Meituan Dianping, which lost 115.5 billion yuan in 2018, but achieved its first overall profit in 2019.

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