Northeast China top 500 manufacturing: number of enterprises continue to reduce tax burden is the largest

2017 China top 500 enterprises manufacturing industry distribution and features: the automobile and auto parts manufacturing in terms of revenue and profit contribution is most prominent, petrochemical and coking taxes on top;M&a activity, cement and glass manufacturing industry communication equipment manufacturing industry research and development into the most positive;Household electrical appliance industry leading patent rankings, the largest weapon manufacture in the field of standards;Alcohol leading in terms of revenue, profit margins and profit per capita, household electrical appliances net profit margin is optimal.Regional distribution of 2017 China top 500 manufacturing enterprises and features: the eastern finalists enterprises accounted for the vast majority, in the northeast enterprise continued decline;Eastern enterprise leading indicators, per capita profits tax burden in northeast China’s largest;Eastern enterprise merger, acquisition and reorganization and innovation more active, each have advantages and disadvantages for the standards;The central region enterprise asset quality is best.2017 China top 500 enterprises manufacturing industry distribution and characteristics of 1, the automobile and auto parts manufacturing in terms of revenue and profit contribution is most prominent, petrochemical and coking of heavy tax in the first industry characteristic is still outstanding, highlight some positives to come out in the profit contribution, automobile and auto parts manufacturing industry is the biggest contributor to revenue and profits.2017 China top 500 manufacturing companies in the top five industries, is still a typical heavy chemical industry.Among them, 31 automobile and auto parts manufacturing enterprises to realize the business income is 3.75 trillion yuan, accounting for 13.27% of the total manufacturing 500 strong revenue;The second for the ferrous metallurgy industry, 72 black metallurgical enterprises accounted for 13.10% of total revenue;The top five industries accounted for 49.16% of all manufacturing 500 strong revenue, top ten industries accounted for 66.83% of the total manufacturing 500 strong revenues.Presents some of the advanced manufacturing window in the profit contribution, power electrical equipment manufacturing and communications equipment manufacturing into industry net profit in the top five.31 automobile and auto parts manufacturing enterprise net profit of 188.13 billion yuan, accounting for 19.34% of the total amount of all manufacturing 500 net profit;Net income ranked the second is the petrochemical industry and coking, 27 petrochemical and coking enterprises contributed all 9.93% of the total net profit of 500 manufacturing enterprises;The top five industries accounted for 47.55% of all manufacturing 500 net profit, top ten industries accounted for 65.10% of the total manufacturing 500 net profit.Petrochemical and coking function prominently in the tax contribution.Of the 2017 China top 500 manufacturing enterprises, 27 petrochemical and coking enterprises tax 378.44 billion yuan, accounting for 25.87% of the total amount of all top 500 manufacturing tax, petrochemical and coking enterprises for the payment of all top 500 manufacturing contribute more than a quarter;Petrochemical and coking industry comprehensive tax of 13.59%, second only to the liquor of 18.48%, far higher than other industries.Before tax contribution to a total of five industries contribute 64.66% of the total amount of the top 500 manufacturing tax, top ten industries contributed manufacturing 500 78.06% of the total amount of tax.2, cement and glass manufacturing industry merger, acquisition and reorganization, active communication equipment manufacturing industry research and development into the most positive cement and glass manufacturing industry m&a activities are very active.2017 China top 500 manufacturing enterprises, a total of 878 times of merger, acquisition and reorganization of a total of 12 cement and glass manufacturing industry mergers and restructuring, 491 times, accounting for 55.92% of the total manufacturing 500 strong merger, acquisition and reorganization, m&a activity is much higher than other industry;Total petrochemicals and coking industry merger, acquisition and reorganization 85 times, 9.68%;Before the merger, acquisition and reorganization of a total of five industries accounted for 77.22% of total manufacturing 500 strong merger, acquisition and reorganization, the top ten industries of merger, acquisition and reorganization of accounting for 87.02% of the total manufacturing 500 strong merger, acquisition and reorganization.Communication equipment manufacturing industry on r&d.2017 China top 500 manufacturing enterprises in nine communication equipment manufacturing enterprises, a total of 95.412 billion yuan of r&d spending, companies are r&d investment is 10.601 billion yuan, is one of the top 500 enterprises of all manufacturing r&d spending an average of 9.66 times;Communication and r&d equipment manufacturing industry accounts for 17.22% of all manufacturing 500 strong r&d, ranks first;Automobile and auto parts manufacturing industry r&d spending accounts for 14.73% of all manufacturing 500 strong, in the second place.The top five industries combined r&d spending accounts for 52.85% of all manufacturing 500 strong r&d, the top ten industries combined accounted for 73.74% of the total manufacturing 500 strong r&d spending.Look from research and development strength, and communication equipment manufacturing industry is 11.87%, average r&d intensity is much higher than the second 5.83% of the aerospace industry, also far higher than 2.07% of the top 500 manufacturing.Patent top 3, household electrical appliances industry, weapon manufacture in the field of standards topped household appliances manufacturing industry with patents and invention patents were ranked first in the industry.Fifteen of the 2017 China top 500 manufacturing enterprises every electrical appliances manufacturing enterprises, has 104293 patents, including 26995 invention patents, respectively, accounting for 18.59% of the top 500 manufacturing patent and invention patent, 15.01%, ranking and invention patent in the patent industry industry ranks the first in all.Automobile and auto parts manufacturing industry owns patents account for 15.05% of all manufacturing top 500 patents, patent number two in the industry.Petrochemical and coking have invention patents account for 10.68% of all manufacturing 500 invention patents, invention patents in the industry ranked second.Patent number of the top five industries accounted for 54.02% of all manufacturing 500 strong patent, patent number of the top ten industries accounted for 74.94% of the total manufacturing 500 strong patent;Number of invention patents in the top five industries accounted for 51.07% of all manufacturing top 500 invention patents, invention patents in the top ten industries accounted for 73.84% of the total manufacturing top 500 invention patents.Weapon manufacture the general standards and domestic standards of top and bottom of the rail transit equipment and parts manufacturing in active participation in international standards.2017 China top 500 manufacturing enterprises in manufacturing enterprises, there are two weapons were involved in 2029 standards, are the domestic standards, respectively top 500 manufacturing standards and national standards total number of 8.77% and 9.15%.Secondly for the shipbuilding industry, a total of 4 companies, participated in the 1974 standards, including domestic standard is 1956 items, respectively top 500 manufacturing standards and national standards total number of 8.54% and 8.82%.Standards for the top five industries involved in standards number accounts for 41.62% of all manufacturing 500 strong, standards for the top ten industries involved in standards number accounts for 67.87% of the total manufacturing 500 strong.Participate in domestic standards for the top five industry standards accounted for 42.08% of all manufacturing 500 strong, standards for the top ten industries involved in standards number accounts for 68.05% of the total manufacturing 500 strong.In terms of international standards to participate in, the role of rail transit equipment and spare parts manufacturing industry the most outstanding, although there are only 1 companies, but they are involved in the development of international standards for 98, 500 to participate in international standards for determining the quantity of all manufacturing of 17.69%.Followed by household appliances industry, participate in the international standard number accounts for 15.34% of all manufacturing 500 strong.The top five industries were involved in 53.61% of international standards, the top ten industries involved in 77.08% of the total international standards.4, alcohol in terms of revenue, profit margins and profit per capita, leading home appliances the optimal alcohol net assets profit margin revenue highest profit margins, household electrical appliances net profit margin is optimal.39 of 2017 China top 500 enterprises manufacturing industry, in addition to the loss of machine tool manufacturing industry as a whole, other 38 industry implements the varying degree is profit.Of alcohol and other 24 industry revenue profit margins higher than the top 500 manufacturing overall average revenue margins by 3.44%, alcohol, beverage, medical equipment manufacturing, home appliance manufacturing, and other building materials manufacturing the industry revenue margins before five.Beverages 24 industry assets profit margin is higher than the average 3.11% margin manufacturing 500 strong overall, beverage, medical equipment manufacturing, household appliances manufacturing, wine food, agricultural and sideline five before the assets profit margins.23 such as home appliances manufacturing industry net profit margin is higher than the top 500 manufacturing overall average net profit 8.51%, household electrical appliances manufacture, beverages, communications equipment, material handling equipment manufacturing, medical equipment manufacturing in the net assets profit margin before five.Alcohol in terms of per capita net income obviously lead, weapons manufacturing enterprise net profit of obvious advantages.2017 China top 500 enterprises of manufacturing per capita profit of 74900 yuan, a total of alcohol 18 industries such as per capita profit above the level of the top 500 manufacturing per capita profits.Liquor enterprise’s profit of 202900 yuan per capita, high industry per capita profits first, equivalent to 500 per capita profit of 2.71 times.Medical equipment manufacturing, and drinks, cars and spare parts manufacturing, household appliances manufacturing separated the second to the fifth, the per capita net income 172700 yuan respectively, 145900 yuan, 135100 yuan and 135000 yuan.2017 China top 500 enterprises manufacturing companies are net profit of 1.946 billion yuan, only 13 industry such as weapon manufacture enterprise net profit higher than the top 500 manufacturing companies all net profit.Weapon manufacturing enterprise net profit of 17.166 billion yuan, a commanding lead in the industry enterprise are net profit ranking, at first, prices are net profit equivalent to 500 average of 8.82 times.Rail transportation equipment and spare parts manufacturing, aerospace, automobile and auto parts manufacturing, household appliances manufacturing separated prices are net income ranked second to the fifth, prices are net profit of 13.91 billion yuan and 13.177 billion yuan respectively, 6.069 billion yuan and 5.489 billion yuan.Characteristics of regional distribution of 2017 China top 500 manufacturing enterprises and the number 1, the eastern region for the vast majority of enterprises in northeast China continue to reduce 2017 China top 500 manufacturing enterprises headquarters covered 30 provinces, autonomous regions and municipalities directly under the central government, the enterprise not only Tibet shortlisted for the 2017 China top 500 manufacturing enterprises.The distribution of the 500 companies in the region with the usual, presents the imbalance.Among them, the eastern region has 348 enterprises, accounting for 69.60%;Central parts of 72 companies, accounting for 14.40%;In the western region has 63 companies, accounting for 12.6%;There are 17 enterprises in northeast China, accounting for 3.40%.Overall, the number in eastern and central regions have increased, the central region the number did not change, the continued reduction in the number enterprises in northeast China.2017 China top 500 manufacturing enterprises for enterprise specific regional distribution is as follows.10 provinces and cities in east east: a total of 348 companies, increase compared with the last landing number two, hainan again this year have shortlisted for the enterprise.Guangdong province be shortlisted for the enterprises increase in the number of most provinces this year, nine finalists enterprises have been added.The number has become the biggest decline in provinces of hebei, landing number reduces the seven.Specific for: zhejiang 89, reduce three;Shandong 77, add 1;Jiangsu 47, add four;Guangdong 34, increase the nine;Hebei 32, reduce seven;Beijing 32 to reduce two;Tianjin 18, add 2;Shanghai 14, flat;Fujian four, reduce three;One in hainan.The central region: a total of six provinces in central China, 72 companies, three more than the previous year.Among them, anhui 16, add 1;Hubei 15 to reduce two;Henan 13, add 1;Hunan 13, add four;Jiangxi 12 to reduce 1;Shanxi three, flat with the previous year.11 provinces in the western region, the western region a total of 63 companies in 2017 China top 500 manufacturing enterprises, with a flat.Among them, 15 in sichuan, add 1;Chongqing 14, add 1;Guangxi nine, flat with the previous year;Yunnan five, reduce three;Shaanxi four, flat with the previous year;Xinjiang four, flat with the previous year;Gansu four, add 1;Qinghai 3, add 1;2 in Inner Mongolia, with a flat;2 in ningxia, flat with the previous year;1 in guizhou, reduced by 1.A total of three provinces in northeast China: northeast 17 companies in 2017 China top 500 manufacturing enterprises, in the last year to reduce continues to decline, on the basis of three finalists enterprises to reduce five again.A big business in the northeast of the performance, to a large extent reflects the dilemma of economic development in the northeast.Among them, the liaoning 13, reduced the four;Heilongjiang two, reduced the 1;Jilin two, flat with the previous year.2, the eastern region are per capita profit targets leading enterprises, the tax burden in northeast China’s largest eastern enterprise companies are net income, net income per capita indicators are well ahead of other areas, but the assets and income indicators each have advantages and disadvantages.Of the 2017 China top 500 manufacturing enterprises, the eastern region business enterprise net profit of 2.347 billion yuan, the central region, the western region and northeast China companies are net profit of 1.115 billion yuan and 772 million yuan respectively, 1.61 billion yuan, the central region, the western region and northeast China companies are net profit only equivalent to the eastern region are all net profit of 47.54%, 32.89% and 68.60%.Eastern enterprise’s per capita net income of 83100 yuan, the central region, the western region and northeast area per capita net income 61800 yuan respectively, 36900 yuan, 49200 yuan, the central region, the western region and northeast region of per capita net income per capita net income of the eastern region respectively 74.31%, 44.40% and 59.17%.From companies operating revenue and the enterprise all assets, enterprises are equity index, eastern enterprises significantly higher than that of the central region and western region, but below the northeast enterprise companies all level.From the business income per capita indicators, the eastern region also significantly higher than in other parts of the enterprise level.In the northeast enterprise tax burden of enterprise was obviously higher than that of other areas.2017 China top 500 manufacturing enterprises in 17 enterprises in northeast China to pay the tax 104.554 billion yuan, accounting for 7.15% of the total amount of all top 500 manufacturing tax.Enterprises in northeast China the tax payable for an average of 6.15 billion yuan, equivalent to 2.10 times that of the top 500 manufacturing enterprises are the tax payable.To the eastern region as a benchmark, the central region, the western region business enterprise all the tax payable of the eastern region the 48.96% and 50.32% of the enterprise, and enterprises in northeast China are ratal is equivalent to 187.85% of the eastern enterprises.The central region and west region enterprises per capita taxes only equivalent to the eastern region of 76.53% and 67.94%, and the enterprises in northeast China ratal is equivalent to 162.02% of the eastern enterprises.3, the eastern part of enterprise merger, acquisition and reorganization and innovation more active, standards have their own advantages and disadvantages in terms of r&d investment in the eastern region in the merger, acquisition and reorganization of enterprises, and shows a tendency of more active patents.2017 China top 500 manufacturing enterprises, 348 companies in the central east area completed a total of 772 times of merger, acquisition and reorganization, 87.93% of all manufacturing 500 strong merger, acquisition and reorganization.Compared with the eastern region, middle region and west region, enterprises in the northeast of enterprise merger, acquisition and reorganization for only about 47.58% of the eastern region, respectively, 47.58% and 15.91%, the most inactive enterprise merger, acquisition and reorganization in northeast China.On the r&d, 348 east enterprises on research and development costs 443.105 billion yuan, accounting for 80.76% of the total manufacturing 500 strong r&d spending.Compared with the eastern region, the central region, the western region, northeast region business enterprise all r&d spending only about 57.70% of the eastern region, respectively, 57.70% and 86.87%, the central region, the western region, northeast region enterprise’s r&d spending per capita in eastern of respectively 88.27%, 55.83% and 73.32%, investment in research and development of the enterprise in western the weakest.Look from patent and invention patent, the eastern region enterprise patent, a patent for invention is respectively 425379 and 147511 of them, respectively 78.65% and 84.78% of all manufacturing 500 strong.Compared with the eastern region, the central region, the western region, northeast region business enterprise all patent only about 57.24% of the eastern region, respectively, 57.24% and 81.16%, the central region, the western region, a enterprise in the northeast of patents per capita in eastern of respectively 87.56%, 82.72% and 68.51%.Middle region and west region, the northeast enterprise companies have a patent for invention is only equivalent to 40.77% of the eastern region, respectively, 40.77% and 64.65%, the central region, the western region, enterprises in northeast China’s per capita invention patent of the eastern region respectively 62.37%, 46.39% and 54.57%.In the standard set by the engagement, east to the Midwest and northeast China enterprises have their own advantages and disadvantages, the eastern region enterprise is not an absolute advantage.2017 China top 500 enterprises manufacturing enterprises to participate in the Midwest 17345 standards, including participation in domestic standards 16644, participate in the international standard for 453, accounted for 75.00% of all manufacturing 500 strong, 75.06% and 81.33%.Standards in enterprises to participate in, the eastern region enterprises more than the central and western regions, but less than enterprises in northeast China.In terms of per capita standards to participate in, the eastern region is higher than the northeast enterprise, but lower than that of enterprise in central and western regions.Overall, the northeast enterprise in the current r&d and innovation, though less east enterprises, but based on its industrial base position for a long time, in the domestic industry standards has accumulated certain voice.4, the central region enterprise asset quality central enterprise assets relative to the best quality, best assets management efficiency is highest.Central enterprises average asset-liability ratio is 61.87%, below the 500 average asset-liability ratio, all manufacturing is lower than the eastern region, the western region and northeast enterprise average asset-liability ratio.And at the same time, the western region of corporate asset-liability ratio is 66.04%, average asset-liability ratio for the four regions enterprise high, enterprise to leverage the pressure obviously than the eastern region enterprises, more than the enterprises of the central region.From the perspective of asset turnover, the central enterprises also clear advantage, central enterprise asset turnover to an average of 1.04 times per year, and several areas are significantly higher than other companies, on average, asset turnover.In western enterprises, the lowest average asset turnover is 0.74 times per year, only about 71.13% of the average central enterprise asset turnover.(the original title: China top 500 manufacturing: northeast enterprises continue to reduce the tax burden pressure maximum) (source: Shanghai securities news)