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List of Top 100 Shanghai Enterprises Publicized Assets of Service Enterprises Account for 76.4%

2008-05-13 07:46

From:MOFCOM Shanghai Office Article type:Reproduced

The list of 2007 top 100 Shanghai enterprises was publicized on May 8th, Baosteel Group continues to take the lead, and other groups such as Bailian Group, SAIC Group, Bank of Communications, Shanghai Electric, China Shipping (Group) Company and Shanghai Construction Group are also at high rank of the list.
Comparing with that of last year, the average scale of Shanghai top 100 enterprises rose from RMB35.74b to RMB41.74b, increased by RMB6b; the rate of returns on net assets of these 100 top enterprises is 8.91%, 3.8% higher than that of last year, up by 134% year-on-year, and 2.9% higher than that of the first 100 enterprises out of top 500 Chinese enterprises. As regard to industrial layout, there’re 57 manufacturing enterprises, accounting for more than half in quantity. 36 are service enterprises though, their assets account for 76.4% and net profit accounts for 42%. This indicates that the total social assets are going to be concentrated in service industry and increasing rapid.

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