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China's top 500 enterprises released, what is the reason why some of these in the company's stock price fell in a row?

2019 China Enterprise Confederation, China Entrepreneurs Association, released the list of top 500 Chinese enterprises in 2019.

Inside this list, the top three are Sinopec, PetroChina, and State Grid. Ping An is the only non-state-owned company.

In this list, there are profit makers, and there are bound to be losers. Because of the impact of the economic cycle, some of the more traditional like real estate, the financial industry in the past 2018 overall performance is weak, while the emerging electronics, Internet, computers and other related industries are the new economy sector. Leading economic growth.

In terms of earnings compared with 2018, the 10 most profitable companies, respectively, are commercial banks, insurance companies, China Mobile, Tencent, Alibaba.

What draws more attention is the 42 new and re-listed companies, this time appearing in the spotlight are Xiao-Mi Group, Meituan Takeout, Haidilao, and Good Future, respectively.

Xiaomi Group ranked 53rd with a total revenue of 174.9 billion yuan; Meituan Dianping ranked 140th with a revenue of 65.2 billion yuan in turnover; in terms of food and beverage, Haidilao entered into the top 500 companies for the first time, and Haidilao was 482nd in terms of ranking.

In 2018, the total turnover income of Haidilao is 17 billion yuan; in addition, the good future is also the first time on the list of enterprises, the education industry enterprise good future accounted for the 483rd place.

Thirty companies among China's top 500 companies in 2019 failed to reach profitability, with losses amounting to 177.1 billion yuan.

Meituan Dianping topped the loss list even though it was on the list of China's top 500 companies for the 1st time. It lost nearly 115.5 billion yuan.

Next on the list in 2018 is Aiki, which lost 9.4 billion yuan, and ZTE, which lost 7 billion yuan in 2018. These three companies are the top three on the list of China's top 500 loss-making companies.