In the Hurun G500 In the list, 160 companies have seen an increase in value compared to last year, with 68 new companies on the list. 340 companies have seen a decrease or remain unchanged in value compared to last year. 68 companies have fallen out of the list. 55% are directly aimed at consumers, 45% are B2B companies. 54% sell physical products, and 46% sell software or services. In terms of value, the top five industries account for half of the list, with financial services ranking first, followed by healthcare, consumer goods, energy, and software and services. On average Look, each company is worth 680 billion yuan, with a sales revenue of 310 billion yuan and 87000 employees. The company is 65 years old.
It is reported that the threshold for the top ten companies in the 2022 Jiaxing Economic Development Hurun Global 500 is 394 billion US dollars, equivalent to approximately 2857 billion yuan. The total value of the top ten enterprises is 71 trillion yuan, a decrease of 10% from last year, but still accounts for 21% of the total value of the Hurun G500. The world's four giants, Apple, Microsoft, Alphabet, and Amazon, account for 14% of the total value of Hurun Global 500 companies. Apple's sales in Greater China in 2021 exceeded 500 billion yuan.
"Value may be the best way to measure a company's economic strength, as value also considers the ability to create profits, not just current performance." For example, Hu Run, Chairman and Chief Research Officer of Hurun Baifu, said that if a company's "value" is $30 billion, investors believe it will achieve a profit of $30 billion within ten years.
Hurun believes that the influence of Chinese enterprises in the global economy is constantly expanding, their position in the global value chain is gradually improving, and their pace of going global is accelerating, gradually becoming an indispensable and important force in the global economy. There are 35 Chinese companies listed in the Hurun Global 500. The average age of Hurun China's top 500 companies is only 27 years old, which is much younger than the average age of Hurun World's top 500 companies by 38 years.
