24 chemical companies are listed in the 2022 Fortune China 500, and their total revenue has increased by over 31% under the epidemic

Latest News: Recently, the official website of Fortune magazine released the 2022 Fortune China 500 list.

Total operating revenue reached 62 trillion yuan

It is understood that the total operating income of the 500 Chinese listed companies on the list this year reached 62 trillion yuan, an increase of about 17.4% compared with the companies on the list last year; net profit reached 4.7 trillion yuan, an increase of about 4.7 trillion yuan over the previous year. 9.2%.

The pattern of the top three on this year’s list has not changed. The top companies on the list are: Sinopec, PetroChina and China State Construction. Ping An of China ranked fourth, still the first non-state-owned enterprise.

24 chemical companies make the list, with total revenue increasing by over 31%

In the chemical industry, a total of 24 companies are on the list (the same as the 2021 list), of which the top three are PetroChina (ranked 1 in the overall list), Hengli Petrochemical (ranked 64 in the overall list) and Wanhua Chemical (ranked in the overall list). Rank 95).

Wanhua Chemical, Dongfang Shenghong, Risun Group, Dongfang Yuhong and other companies have made significant progress in the rankings. They advanced 58, 173, 154 and 56 respectively.

The total revenue of the 24 companies on the list this year is 3,887.506 billion yuan, a year-on-year increase of more than 31% over the revenue of the companies on the list last year.

Image source: Adsale Rubber & Plastics Network

Enhanced chemical scale effect and aggregation effect

This is mainly due to the rising prices of raw materials, on the other hand, the market is still in a stage of rapid development, and the research and development and investment and construction of new chemical materials continue to be hot. According to data previously released by the National Bureau of Statistics of China, the added value of the chemical industry in 2021 will increase by 7.7% year-on-year, and the growth rate will increase by 5.2 percentage points year-on-year. The scale effect and agglomeration effect of the chemical industry have been enhanced, and the advantages of integration, intensification, and supply-demand linkage innovation have become prominent.

At the same time, with the release of the “First Batch of Application Demonstration Guidance Catalogue for Key New Materials (2021 Edition)” and the promulgation of relevant policies and regulations, as well as strategies such as energy-saving and new energy vehicles, biomedicine and high-performance medical equipment, and a new generation of information technology industries With the rapid development of emerging industries, the research and development and investment and construction of new chemical materials continue to be hot.

According to incomplete statistics, a total of hundreds of new chemical material projects will release EIA announcements in 2021, mainly including degradable plastics, special special rubber, high-end polyolefins, membrane materials, thermoplastic elastomers, engineering plastics and other advanced chemical materials and high-performance fibers, etc. Key Strategic Materials Project.