On September 23, the Provincial Market Supervision Bureau and the Provincial Federation of Industry and Commerce jointly announced the list of the “Top 100 Private Enterprises in Zhejiang Province in 2021”.
This list uses the company’s 2020 operating income (total sales) as the basic standard, with reference to its tax payment, net sales for the year Sort by indicators such as profit, total assets, and annual report related data of the corporate credit information disclosure system.
Enterprise revenue increased significantly, and hundreds of billions of troops made a collective appearance
This year, the entry threshold for the top 100 private enterprises in Zhejiang is 14.98 billion yuan, which is an increase of 25.5% compared to 11.94 billion yuan in the previous year.
The total revenue of the top 100 private enterprises reached 5,133.3 billion yuan, an increase of 16.9% compared with the previous year’s 4,389.7 billion yuan. The number of private enterprises with sales exceeding 300 billion yuan increased from 1 last year to 2. There are 11 companies with sales exceeding 100 billion yuan in 2020, with total revenue of 2.1478 billion yuan, accounting for 41.8% of the total revenue of the top 100 private enterprises.
Profit levels have recovered and performance has grown steadily
The top 100 companies Net assets and net profit still maintained a relatively high growth rate. Among them, the total net assets reached 1.557 billion yuan, a year-on-year increase of 25.8%; the total net profit was 202.2 billion yuan, a year-on-year increase of 23.8%. The net assets of 90 of the top 100 private companies (76 in the top 100 private companies in 2020) and the net profits of 68 companies have increased, indicating that Zhejiang’s large private companies continue to make up for their shortcomings in development, and their overall performance is still rising steadily. Thanks to the support of preferential enterprise policies, the total tax paid by the top 100 companies in 2021 totaled 151.2 billion, a year-on-year decrease of 6.7%.
New economic energy continues to be released, and the overall industrial composition is optimized
In the list, new industries, new business formats, and new model economies are booming with good trends, especially the rapid development of the digital economy. A number of high-tech industries have entered a rapid growth channel through digital empowerment after reaching a certain scale. The new economic normal has become an important force in the development of private enterprises in Zhejiang.
Technological innovation has given rise to new development momentum, and R&D investment continues to increase
In 2020, the top 100 companies invested a total of 81.3 billion yuan in research and development expenses, a year-on-year increase of 16.6%. It has 70,741 valid patents, including 17,608 valid invention patents; it has 8,059 foreign patents, including 7,282 valid invention patents; there are 25,545 domestic trademark registrations and 2,778 valid Madrid international trademark registrations. It has led or participated in 346 international standards, 1,678 national standards, 1,285 industry standards, and 516 group standards.
The top 100 companies are mainly concentrated in Hangzhou, Ningbo, Shaoxing and other Greater Bay Areas
With the With the integrated development of the Yangtze River Delta, the destinations for enterprises to participate in coordinated regional development are relatively concentrated. Private enterprises entering the top 100 are mainly concentrated in the Greater Bay Area such as Hangzhou, Ningbo, and Shaoxing, accounting for 75% of the top 100.
Hangzhou leads the province with 33 finalists, and the headquarters economy fully demonstrates the agglomeration effect. Among the 18 companies shortlisted in Ningbo, 2 companies have entered the 100 billion revenue army. The rest of the list includes 13 companies in Shaoxing, 10 companies in Wenzhou, 7 companies in Taizhou, 6 companies in Jiaxing, 5 companies in Huzhou, 5 companies in Jinhua, 2 companies in Lishui, and 1 company in Zhoushan.
</p
