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In the business pattern, it is an indisputable fact that fewer companies contribute more profits. At present, this phenomenon is intensifying: more profits are increasingly concentrated in fewer companies.
For example, 1975, there are ***48 19 listed companies in the United States, of which 109 companies (accounting for 2.2%) have created 50% profits; By 20 15, there were 3766 listed companies in the United States, of which 30 companies (accounting for 0.8%) created 50% profits.
According to Fortune 20 19 Fortune Global 500 data, the total profits of the top 20 companies with the highest profits reached $647.2 billion.
What kind of roll is this? If this figure is compared with the GDP of countries around the world in 20 18, the total profit of these companies exceeds the GDP of Poland, ranking 2 1 in the global GDP.
Among the above companies, the most profitable one is Saudi Aramco. The Saudi state-owned oil company's net profit of $201110 billion is almost twice that of the second-ranked Apple, and the sum of the profits of Apple, Alphabet and Facebook. If converted into daily life, it is equivalent to earning $304 million a day; If converted into seconds, it is equivalent to earning $3565438 +09 per second.
The company has been hoping to list at a high valuation of $2 trillion, but it has postponed the IPO several times since then. The latest announcement is 20 19 12 or 2020 1 listing. However, in September, the company's refinery was attacked by drones, which reduced the supply of Saudi crude oil by 5.7 million barrels per day, casting a shadow over the company's IPO. Fortunately, up to now, the company's oil production has rebounded sharply after the restoration of facilities.
Of course, we can also subdivide the profitability of other companies:
Apple: Earn $6.5438+63 million a day and $6.5438+0 million in 8.8 minutes; Industrial and Commercial Bank of China: Earn USD 654.38+RMB 23 million per day and USD 654.38 +0.7 minute per minute; Samsung Electronics: Earn $6.5438+0.09 million a day and $ 654.38+03.2 a minute; China Construction Bank: Earn $6.5438+0.05 million in one day, and $6.5438+0.7 million in 654.38+0.7 minutes.
What other interesting discoveries can we make from these data?
1. Oil and finance still control the basic operation of the global economy.
Judging from the entire list of Fortune 20 19 Fortune 500 companies, * * * has 54 banking companies on the list, which is the industry with the most companies on the list. In addition, there are 32 oil companies on the list, ranking third in all industries, second only to the automobile and parts industries.
Among the top 20 most profitable companies, financial and oil companies also dominate the list. Among them, there are 9 financial enterprises, 4 oil companies, 5 technology companies, telecom companies 1 and automobile companies 1.
We can combine the above data with the market share of US stocks 1900 and 20 18 to make a comparison. We will find that the shares of the financial and oil sectors have hardly changed.
This data shows that a physical resource, a virtual capital, oil and finance still firmly control the basic operation of the world economy.
2. The rise of technology companies
However, from the above data, we can clearly see that emerging industries driven by new technologies have risen strongly in the whole sector: in all sectors of US stocks 1900, the communication industry with a market value of 5% has risen to14%; 1900 The non-existent information technology industry has accounted for 12%. If these two industries are merged together, their market share has already accounted for 26%, surpassing any other industry.
Among the 20 most profitable companies, there are five technology companies on the list, namely Apple, Samsung, Google's parent company Alphabet, Facebook and Intel. The total profit of these companies exceeds $654.38+$73 million.
The huge scale, global industrial chain and super profitability constantly push the market value growth of high-tech companies. According to the data of PricewaterhouseCoopers and Bloomberg, from 2009 to 20 19, the number of American companies in the global top 100 companies increased from 42 to 54, and the total market value increased from $3.8 trillion to $ 13.29 trillion, accounting for 45% to 63%.
The biggest forces driving this growth are Apple, Amazon, Microsoft and Google's parent company Alphabet. In the past decade, the market value of these companies has increased by an astonishing $3 trillion. These data fully reflect the rapid growth of American technology companies and the significant increase in their importance in the entire national economy.
So far, Microsoft and Apple are the only two companies in the world whose market value exceeds one trillion dollars.
Let's look at China's data again. In the 20 19 list of the world's top 500 companies, China has 129 companies, surpassing the United States for the first time (12 1 company). Among the top 20 most profitable companies, five China companies are from the banking industry.
However, compared with American companies, there is still a big gap in the average profitability, the proportion of technology companies and the degree of internationalization of China companies. We still have a long way to go from quantity to quality, from large to strong, from finance, real estate and other industries to more science and technology industries.
3. Monopoly, can you continue to have the advantage of making money?
Monopoly, or relative monopoly, as a natural existence, constantly produces the ability to make money that ordinary enterprises can't reach. For example:
Saudi Aramco is currently the largest state-owned oil company in the world;
Samsung ranks first in global smartphone shipments, accounting for more than 20% of global shipments;
Google is the largest digital advertising platform in the world, accounting for nearly 40% of the US digital advertising market in 20 18;
On the other hand, once the market changes dramatically, the monopoly profits of these enterprises will also bring risks that cannot be ignored.
However, the above companies are already starting a new layout. For example, in its IPO plan, Saudi Aramco emphasized the need to shift the Saudi economy from oil to diversified and promising industries, including biotechnology.
In addition, according to the third quarter financial report of 20 19 released by Apple, the contribution of its iphone business revenue to total revenue was less than 50% for the first time in seven years, due to the decline of iPhone market share. On the other hand, it comes from the strong growth of its service business income, which has continuously expanded new sources of income for Apple. At present, the market value of Apple has reached $65,438 +0.07 trillion, a sharp increase of 60% compared with the low point of 10 of 65,438+.
From the actions of Saudi Aramco and Apple, it can be seen that no matter how old they used to be and how much money they made, in today's rapidly changing industrial structure and increasingly fierce market competition, "change" can only be an unavoidable theme for large enterprises.
If we predict the future, from the list of the top 500 largest companies to the list of the top 20 most profitable companies, we can boldly predict the changes in the list after five years: the status of companies in the oil and financial industries is still difficult to shake; The industry composition of American companies will not change much.