On September 6, the China Enterprise Confederation and the China Entrepreneurs Association held a press conference in Beijing and released the "Top 500 Chinese Enterprises in 2022", "Top 500 Chinese Manufacturing Enterprises in 2022", "Top 500 Chinese Service Enterprises in 2022", "Top 100 Chinese Multinational Companies and Transnational Index in 2022", and "Top 100 Innovative Large Enterprises in China in 2022" , "Top 100 Leading Enterprises in China's Strategic Emerging Industries in 2022" and other lists. .
According to the analysis of the list, the top 500 Chinese manufacturing companies in 2022 have the characteristics of substantial growth in revenue scale, rapid growth in net profit, and significant innovation results.
1. The scale has increased significantly. In 2022, the operating income of China's top 500 manufacturing companies reached 47.11 trillion yuan, a year-on-year increase of 17.07%, and the growth rate was the highest since 2013. Total assets reached 47.65 trillion yuan, with a growth rate of 7.49%.
2. Net profit has grown rapidly. In 2022, the top 500 Chinese manufacturing companies achieved a total net profit attributable to the parent company of 1.47 trillion yuan, an increase of 24.47% over the previous year; the net asset profit margin and operating income profit margin were 11.30% and 3.12% respectively, an increase of 1.06 and 0.19 percentage points respectively over the previous year.
3. Innovation has achieved remarkable results. Corporate R&D investment continues to increase. In 2022, the R&D expenses of the top 500 Chinese manufacturing companies were 1.06 trillion yuan, an increase of 18.76% over the previous year; the R&D intensity was 2.37%, a slight increase of 0.07 percentage points from the previous year.
4. Overseas markets expanded against the trend. The total overseas operating income of 304 companies is 6.04 trillion yuan, an increase of 19.6% over the previous year. The total overseas assets of 275 companies were 5.24 trillion yuan, an increase of 9.62% from the previous year, which was higher than the growth rate of total assets.
Building a powerful modern socialist country and realizing the great rejuvenation of the Chinese nation is the greatest dream of the Chinese people in modern times. On the new journey of the second centenary goal, Weihua Group will continue to focus on the main business of equipment manufacturing, with internationalization, digitalization, intelligence, and green as its development direction, adhere to the dual drive of innovation and talent, strive to shape the three core competitiveness of "R&D, manufacturing, and service", and continue to forge ahead towards the corporate vision of "Weihua makes the world easier."
