China's machinery ranked third in the world

Recently, the "World Machinery 500" held a press conference in Beijing. SAIC, FAW and Dongfeng Motor ranked among the top 3 in China's top 500 machinery enterprises respectively. The industry with the largest number of selected industries was the transportation equipment manufacturing industry, with 139 companies accounting for 27.80%; In the electrical machinery and equipment manufacturing industry, from the perspective of the total number of companies selected, the United States still holds the top position with 152 companies. Japan ranks second with 96 countries and China ranks third. Germany, France and South Korea ranked fourth to sixth respectively.

According to statistics, in 2012, the sales revenue of China's top 500 machinery companies totaled 68,281.91 billion yuan, an increase of 8.52% over the previous year; the total profit was 564.422 billion yuan, an increase of 13.96% over the previous year. Under the complicated domestic and international economic environment, the Chinese machinery industry consolidated and expanded its achievements in responding to the impact of the international financial crisis. Production and sales achieved steady growth. However, compared with previous years, the growth rate of profits fell. The geographical distribution of China's top 500 machinery enterprises is uneven. Except for Tibet, there are more than 500 machinery enterprises in 30 provinces, autonomous regions, and municipalities directly under the Central Government. The four largest provinces and cities were Zhejiang, Jiangsu, Shanghai, and Shandong, followed by 248 companies in the East China region, accounting for 49.60% of the top 500 companies. Among them, 83 companies were selected in Zhejiang, and 57 enterprises in Jiangsu were selected. There are 40 companies and 37 companies in Shanghai respectively.

According to the CVA model designed according to international conventions, the company’s sales revenue, total profit, asset profit rate, and growth rate are combined with industry differences, reputation indices and other factors. Conduct comprehensive analysis and research. The event was sponsored by the China Machinery Industry Enterprise Management Association, the Institute of Mechanical Industry Economic Management, and the World Executive Group (icxo.com).