The 2013 edition of the Top 500 Chinese Enterprises list was unveiled at a press conference on Saturday, with China's oil giant Sinopec Group topping the list for a ninth year.
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The list was compiled by the China Enterprise Confederation and the China Enterprise Directors Association based on the 2012 revenues of Chinese companies.
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Sinopec Group took the lead for a ninth year with total revenues of CNY 2.83 trillion (USD 458.6 billion) in 2012, according to a press release.
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China National Petroleum Corporation, the parent company of China's top oil and gas producer, PetroChina, followed closely in second place with revenues reaching CNY 2.68 trillion last year.
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The two were joined by eight other state-owned companies to dominate the top 10: State Grid, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, China Mobile, China State Construction and China National Offshore Oil Corporation.
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A total of 123 companies, including 16 private enterprises, reported revenues of more than 100 billion yuan last year, up from 107 companies a year earlier.
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Revenues of the list's last-ranked company stood at CNY 19.87 billion, up 13.48 percent from a year earlier, the press release showed.
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The top 500 companies had a combined revenue of CNY 50.02 trillionin 2012, up 11.41 percent from a year earlier.
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However, the growth rate was 12.22 percent lower than that of the previous year amid a faltering world economic recovery, the release said.
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Total profits of the 500 companies edged up 3.58 percent from the previous year to CNY 2.17 trillion last year, while the profit-revenue ratio dropped for the second year by 0.33 percentage point to 4.34 percent.
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Among the 500 companies, 216 saw declines in net profits in 2012, while 43 others suffered losses, up from 13 companies in the previous year,according to the press release.Â