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    Home > Coatings News > Paints and Coatings Market > Wanhua Chemical, Nippon Paint, BASF, and Sankeshu are on the list! The 2019 China Petroleum and Chemical Enterprises Top 500 list is released!

    Wanhua Chemical, Nippon Paint, BASF, and Sankeshu are on the list! The 2019 China Petroleum and Chemical Enterprises Top 500 list is released!

    • Last Update: 2021-05-01
    • Source: Internet
    • Author: User
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    75em; white-space: normal; box-sizing: border-box;"> On August 28, the 2019 China Petroleum and Chemical Enterprises Top 500 Conference and Enhancement and Promotion-China Chemical Large Enterprises Development Summit Forum was held in Anda City, Heilongjiang.
    The 2019 China Petroleum and Chemical Industry Top 500 List was released at the meeting.
    (Full list attached at the end of the article)

    75em; white-space: normal; box-sizing: border-box;"> On August 28, the 2019 China Petroleum and Chemical Enterprises Top 500 Conference and Enhancement and Promotion-China Chemical Large Enterprises Development Summit Forum was held in Anda City, Heilongjiang.
    The 2019 China Petroleum and Chemical Industry Top 500 List was released at the meeting.
    (Full list attached at the end of the article)

     On August 28, the 2019 China Petroleum and Chemical Enterprises Top 500 Conference and Enhancement and Promotion-China Chemical Large Enterprises Development Summit Forum was held in Anda City, Heilongjiang.
    The 2019 China Petroleum and Chemical Industry Top 500 List was released at the meeting.
    (The full list is attached at the end of the text) (The full list is attached at the end of the text ) (The full list is attached at the end of the text)

    75em; white-space: normal; box-sizing: border-box;">1.


    China Petroleum & Chemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China National Petroleum Corporation ranked second with 2.


    75em; white-space: normal; box-sizing: border-box;">2.


    There are 12 companies with main business income exceeding 100 billion yuan, an increase of 2 companies year-on-year.


    75em; white-space: normal; box-sizing: border-box;">3.


    The total main business income of the top ten companies on the list is 7.


    75em; white-space: normal; box-sizing: border-box;">4.


    The industry development index in 2019 is 61.


    75em; white-space: normal; box-sizing: border-box;">1.
    China Petroleum & Chemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China National Petroleum Corporation ranked second with 2.
    7 trillion yuan.

    75em; white-space: normal; box-sizing: border-box;">2.


    There are 12 companies with main business income exceeding 100 billion yuan, an increase of 2 companies year-on-year.


    75em; white-space: normal; box-sizing: border-box;">3.


    The total main business income of the top ten companies on the list is 7.


    75em; white-space: normal; box-sizing: border-box;">4.


    The industry development index in 2019 is 61.


    75em; white-space: normal; box-sizing: border-box;">1.
    China Petroleum & Chemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China National Petroleum Corporation ranked second with 2.
    7 trillion yuan.

    75em; white-space: normal; box-sizing: border-box;">2.


    There are 12 companies with main business income exceeding 100 billion yuan, an increase of 2 companies year-on-year.


    75em; white-space: normal; box-sizing: border-box;">3.
    The total main business income of the top ten companies on the list is 7.
    908 trillion yuan, accounting for 63% of the industry;

    75em; white-space: normal; box-sizing: border-box;">4.
    The industry development index in 2019 is 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.

    75em; white-space: normal; box-sizing: border-box;">1.
    China Petroleum & Chemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China National Petroleum Corporation ranked second with 2.
    7 trillion yuan.

    1.
    China Petroleum & Chemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China National Petroleum Corporation ranked second with 2.
    7 trillion yuan.
    China Petrochemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income, and China Petrochemical Corporation ranked first on the list with 2.
    89 trillion yuan in main business income.

    75em; white-space: normal; box-sizing: border-box;">2.
    There are 12 companies with main business income exceeding 100 billion yuan, an increase of 2 companies year-on-year.

    2.
    There are 12 companies with main business income exceeding 100 billion yuan, an increase of 2 companies year-on-year.
    There are 12 companies with main business income exceeding 100 billion yuan, and 12 with main business income exceeding 100 billion yuan.

    75em; white-space: normal; box-sizing: border-box;">3.
    The total main business income of the top ten companies on the list is 7.
    908 trillion yuan, accounting for 63% of the industry;

    3.
    The total revenue from the main business of the top ten companies on the list is 7.
    908 trillion yuan, accounting for 63% of the industry; the total revenue from the main business of the top ten companies on the list is 7.
    908 trillion yuan, the top ten on the list.
    The sum of the main business income of these companies is 7.
    908 trillion yuan,

    75em; white-space: normal; box-sizing: border-box;">4.
    The industry development index in 2019 is 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.

    4.
    The industry development index in 2019 is 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.
    The industry development index in 2019 is 61.
    48, and the industry development index in 2019 is 61.
    48.

    75em;">

    75em;">


    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    75em; box-sizing: border-box;">A number of paint companies are on the list strongly

    A number of smear companies are on the list, a number of smear companies are on the list

    75em; white-space: normal; box-sizing: border-box;">In the 2019 China Petroleum and Chemical Industry Top 500 list, including Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coating Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Gimpo Titanium Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    and many other coatings and upstream companies are on the list.

    75em;">

    75em; white-space: normal; box-sizing: border-box;">In the 2019 China Petroleum and Chemical Industry Top 500 list, including Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coating Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Gimpo Titanium Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    and many other coatings and upstream companies are on the list.

    75em;">

    75em; white-space: normal; box-sizing: border-box;">In the 2019 China Petroleum and Chemical Industry Top 500 list, including Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coating Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Gimpo Titanium Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    and many other coatings and upstream companies are on the list.

    75em; white-space: normal; box-sizing: border-box;">In the 2019 China Petroleum and Chemical Industry Top 500 list, including Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coating Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Gimpo Titanium Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    and many other coatings and upstream companies are on the list.

    In the 2019 China Petroleum and Chemical Industry Top 500 list, including Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coating Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Gimpo Titanium Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    and many other coatings and upstream companies are on the list.
    Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baililian Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Three Trees Coatings Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coatings Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    Company, Jinpu Titanium Industry Co.
    , Ltd.
    , Asia Chuangneng Technology (Shanghai) Co.
    , Ltd.
    and other Wanhua Chemical Group Co.
    , Ltd.
    , Shanghai Huayi (Group) Company, Nippon Paint (China) Co.
    , Ltd.
    , Lomon Baili United Group Co.
    , Ltd.
    , Shanghai BASF Polyurethane Co.
    , Ltd.
    , Guangdong China Resources Coating Co.
    , Ltd.
    , Sankeshu Coating Co.
    , Ltd.
    , Hunan Xiangjiang Coating Group Co.
    , Ltd.
    , Shanghai Huntsman Polyurethane Co.
    , Ltd.
    , China Nuclear Huayuan Titanium Dioxide Co.
    , Ltd.
    , BASF Shanghai Coatings Co.
    , Ltd.
    , PPG Coatings (Tianjin) Co.
    , Ltd.
    , Bayer Crop Science (China) Co.
    , Ltd.
    , Jinpu Titanium Industry Co.
    , Ltd.
    , Astronergy Technology (Shanghai) Co.
    , Ltd.
    , etc.

    75em;">

    75em;">


    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    75em; box-sizing: border-box;">Comparison of previous years: the entry barrier has been lowered, and corporate competition has intensified

    Comparison of previous years: lower entry threshold and increased competition among enterprises.
    Comparison of previous years: lower entry threshold and increased competition among enterprises

    75em; white-space: normal; box-sizing: border-box;">In 2018, the total sales revenue of the top 500 chemical companies was 11.
    15 trillion yuan, an increase of 10.
    6% from 2017's 10.
    07 trillion yuan, and the growth rate accelerated; the total sales accounted for 89.
    9% of the national chemical industry's main business income.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    75em; white-space: normal; box-sizing: border-box;">Looking at the top 500 lists in recent years, it is found that the entry threshold of the companies on the list has been decreasing year by year.
    In 2015, the sales revenue of the last place on the list was 1.
    836 billion yuan; in 2016, the sales revenue of the last place on the list was 1.
    749 billion yuan; in 2017, the sales revenue of the last place on the list was 1.
    683 billion yuan; in 2018 , The sales revenue of the last place on the list is 1.
    430 billion yuan.

    75em;">

    75em; white-space: normal; box-sizing: border-box;">This trend is basically consistent with the decrease in the number of enterprises above the designated size, indicating that the competition among petroleum and chemical companies is becoming increasingly fierce.
    Through deepening reforms, acquisitions, mergers, reorganizations, or shutdowns and transfers due to environmental safety and other reasons, the number of companies continues to decrease, and the corporate structure is changing.
    Profound changes have taken place, and corporate resources are being concentrated on superior companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.

    75em; white-space: normal; box-sizing: border-box;">In 2018, the total sales revenue of the top 500 chemical companies was 11.
    15 trillion yuan, an increase of 10.
    6% from 2017's 10.
    07 trillion yuan, and the growth rate accelerated; the total sales accounted for 89.
    9% of the national chemical industry's main business income.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    75em; white-space: normal; box-sizing: border-box;">Looking at the top 500 lists in recent years, it is found that the entry threshold of the companies on the list has been decreasing year by year.
    In 2015, the sales revenue of the last place on the list was 1.
    836 billion yuan; in 2016, the sales revenue of the last place on the list was 1.
    749 billion yuan; in 2017, the sales revenue of the last place on the list was 1.
    683 billion yuan; in 2018 , The sales revenue of the last place on the list is 1.
    430 billion yuan.

    75em;">

    75em; white-space: normal; box-sizing: border-box;">This trend is basically consistent with the decrease in the number of enterprises above the designated size, indicating that the competition among petroleum and chemical companies is becoming increasingly fierce.
    Through deepening reforms, acquisitions, mergers, reorganizations, or shutdowns and transfers due to environmental safety and other reasons, the number of companies continues to decrease, and the corporate structure is changing.
    Profound changes have taken place, and corporate resources are being concentrated on superior companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.

    75em; white-space: normal; box-sizing: border-box;">In 2018, the total sales revenue of the top 500 chemical companies was 11.
    15 trillion yuan, an increase of 10.
    6% from 2017's 10.
    07 trillion yuan, and the growth rate accelerated; the total sales accounted for 89.
    9% of the national chemical industry's main business income.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    75em; white-space: normal; box-sizing: border-box;">Looking at the top 500 lists in recent years, it is found that the entry threshold of the companies on the list has been decreasing year by year.
    In 2015, the sales revenue of the last place on the list was 1.
    836 billion yuan; in 2016, the sales revenue of the last place on the list was 1.
    749 billion yuan; in 2017, the sales revenue of the last place on the list was 1.
    683 billion yuan; in 2018 , The sales revenue of the last place on the list is 1.
    430 billion yuan.

    75em; white-space: normal; box-sizing: border-box;">In 2018, the total sales revenue of the top 500 chemical companies was 11.
    15 trillion yuan, an increase of 10.
    6% from 2017's 10.
    07 trillion yuan, and the growth rate accelerated; the total sales accounted for 89.
    9% of the national chemical industry's main business income.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    In 2018, the total sales revenue of the top 500 chemical companies was 11.
    15 trillion yuan, an increase of 10.
    6% from 2017's 10.
    07 trillion yuan, and the growth rate accelerated; the total sales accounted for 89.
    9% of the national chemical industry's main business income.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.
    In 2018, the concentration of China's top 500 chemical companies increased significantly, and the total sales revenue continued to grow, but the entry threshold fell.

    75em; white-space: normal; box-sizing: border-box;">Looking at the top 500 lists in recent years, it is found that the entry threshold of the companies on the list has been decreasing year by year.
    In 2015, the sales revenue of the last place on the list was 1.
    836 billion yuan; in 2016, the sales revenue of the last place on the list was 1.
    749 billion yuan; in 2017, the sales revenue of the last place on the list was 1.
    683 billion yuan; in 2018 , The sales revenue of the last place on the list is 1.
    430 billion yuan.

    Looking at the top 500 lists in recent years, it is found that the entry threshold of the companies on the list has been decreasing year by year.
    In 2015, the sales revenue of the last place on the list was 1.
    836 billion yuan; in 2016, the sales revenue of the last place on the list was 1.
    749 billion yuan; in 2017, the sales revenue of the last place on the list was 1.
    683 billion yuan; in 2018 , The sales revenue of the last place on the list is 1.
    430 billion yuan.

    75em;">

    75em;">


    75em; white-space: normal; box-sizing: border-box;">This trend is basically consistent with the decrease in the number of enterprises above the designated size, indicating that the competition among petroleum and chemical companies is becoming increasingly fierce.
    Through deepening reforms, acquisitions, mergers, reorganizations, or shutdowns and transfers due to environmental safety and other reasons, the number of companies continues to decrease, and the corporate structure is changing.
    Profound changes have taken place, and corporate resources are being concentrated on superior companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.

    75em; white-space: normal; box-sizing: border-box;">This trend is basically consistent with the decrease in the number of enterprises above the designated size, indicating that the competition among petroleum and chemical companies is becoming increasingly fierce.
    Through deepening reforms, acquisitions, mergers, reorganizations, or shutdowns and transfers due to environmental safety and other reasons, the number of companies continues to decrease, and the corporate structure is changing.
    Profound changes have taken place, and corporate resources are being concentrated on superior companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.

    This trend is basically consistent with the decrease in the number of enterprises above the designated size, indicating that the competition among petroleum and chemical companies is becoming increasingly fierce.
    Through deepening reforms, acquisitions, mergers, reorganizations, or shutdowns and transfers due to environmental safety and other reasons, the number of companies continues to decrease, and the corporate structure is changing.
    Profound changes have taken place, and corporate resources are being concentrated on superior companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.
    The corporate landscape is undergoing profound changes, and corporate resources are being concentrated in advantageous companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.
    The corporate landscape is undergoing profound changes, and corporate resources are being concentrated in advantageous companies, leading to serious corporate polarization, with the strong being stronger and the weak being weaker.

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    75em; box-sizing: border-box;">The top ten revenue exceeds 7 trillion, and the industry concentration is increasing

    The top ten revenue exceeds 7 trillion yuan, and the industry concentration is increasing.
    The top ten revenue exceeds 7 trillion yuan, and the industry concentration is increasing

    75em; white-space: normal; box-sizing: border-box;">At this meeting, Wang Shugang, president of the China Chemical Enterprise Management Association, said that the total revenue of the top 500 petroleum and chemical companies in 2018 reached 10.
    954 trillion yuan, an increase of 12.
    1% year-on-year, accounting for 88% of the industry's main business revenue.
    In 2019, the total revenue of the main business of the top ten companies on the list was 7.
    908 trillion yuan, accounting for 63% of the industry as a whole , indicating to a certain extent that the concentration of the industry is gradually increasing.

    75em; white-space: normal; box-sizing: border-box;">The 2019 industry development index was also released at the meeting, which was 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.
    From 2018 a total profit of 500 list of companies to analyze, there are 330 petroleum and chemical industry total profits of listed companies is positive, there are 19 total profit is negative, which indicates that there is about 94% of the business is profitable, show The development of the industry is still good.

    75em; white-space: normal; box-sizing: border-box;">However, compared with the 2019 Fortune 500 companies, Saudi Aramco has the highest net profit margin of sales in the Fortune 500 list, which is 31.
    2%.
    The highest net profit margin of Chinese companies is CNOOC 6.
    8%.
    Other companies have the highest net profit margin.
    Net profit margins are all below 1.
    5%.
    Compared with large international companies, the profit margin is very large.
    The situation of large but not strong still needs to be changed.

    75em; white-space: normal; box-sizing: border-box;">At this meeting, Wang Shugang, president of the China Chemical Enterprise Management Association, said that the total revenue of the top 500 petroleum and chemical companies in 2018 reached 10.
    954 trillion yuan, an increase of 12.
    1% year-on-year, accounting for 88% of the industry's main business revenue.
    In 2019, the total revenue of the main business of the top ten companies on the list was 7.
    908 trillion yuan, accounting for 63% of the industry as a whole , indicating to a certain extent that the concentration of the industry is gradually increasing.

    75em; white-space: normal; box-sizing: border-box;">The 2019 industry development index was also released at the meeting, which was 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.
    From 2018 a total profit of 500 list of companies to analyze, there are 330 petroleum and chemical industry total profits of listed companies is positive, there are 19 total profit is negative, which indicates that there is about 94% of the business is profitable, show The development of the industry is still good.

    75em; white-space: normal; box-sizing: border-box;">However, compared with the 2019 Fortune 500 companies, Saudi Aramco has the highest net profit margin of sales in the Fortune 500 list, which is 31.
    2%.
    The highest net profit margin of Chinese companies is CNOOC 6.
    8%.
    Other companies have the highest net profit margin.
    Net profit margins are all below 1.
    5%.
    Compared with large international companies, the profit margin is very large.
    The situation of large but not strong still needs to be changed.

    75em; white-space: normal; box-sizing: border-box;">At this meeting, Wang Shugang, president of the China Chemical Enterprise Management Association, said that the total revenue of the top 500 petroleum and chemical companies in 2018 reached 10.
    954 trillion yuan, an increase of 12.
    1% year-on-year, accounting for 88% of the industry's main business revenue.
    In 2019, the total revenue of the main business of the top ten companies on the list was 7.
    908 trillion yuan, accounting for 63% of the industry as a whole , indicating to a certain extent that the concentration of the industry is gradually increasing.

    75em; white-space: normal; box-sizing: border-box;">The 2019 industry development index was also released at the meeting, which was 61.
    48, indicating that the total assets and profits of the petroleum and chemical industries have increased significantly year-on-year.
    From 2018 a total profit of 500 list of companies to analyze, there are 330 petroleum and chemical industry total profits of listed companies is positive, there are 19 total profit is negative, which indicates that there is about 94% of the business is profitable, show The development of the industry is still good.

    75em; white-space: normal; box-sizing: border-box;">However, compared with the 2019 Fortune 500 companies, Saudi Aramco has the highest net profit margin of sales in the Fortune 500 list, which is 31.
    2%.
    The highest net profit margin of Chinese companies is CNOOC 6.
    8%.
    Other companies have the highest net profit margin.
    Net profit margins are all below 1.
    5%.
    Compared with large international companies, the profit margin is very large.
    The situation of large but not strong still needs to be changed.

    75em; white-space: normal; box-sizing: border-box;">At this meeting, Wang Shugang, president of the China Chemical Enterprise Management Association, said that the total revenue of the top 500 petroleum and chemical companies in 2018 reached 10.
    954 trillion yuan, an increase of 12.
    1% year-on-year, accounting for 88% of the industry's main business revenue.
    In 2019, the total revenue of the main business of the top ten companies on the list was 7.
    908 trillion yuan, accounting for 63% of the industry as a whole , indicating to a certain extent that the concentration of the industry is gradually increasing.

    ,,201850010.
    954,12.
    1%,88%。20197.
    908,63%,。20197.
    908,63%,20197.
    908,63%,

    75em; white-space: normal; box-sizing: border-box;">2019,61.
    48,。2018500,330,19,94%,。

    2019,61.
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