Zijin News , on 28th Sept, China Enterprise Confederation and China Entrepreneurs Association released the list of "Top 500 Chinese Enterprises in 2020". Zijin Mining ranked 151st , up 30 places compared to the previous year; and ranked 4th on the list of ‘2020 China's Top 100 Multinational Companies’, 4 places higher than the previous year.
The ranking of ‘Top 500 Chinese Enterprises’ list is mainly based on the operating income of the previous year. A total of 27 non-ferrous companies are on the list, of which 18 are non-ferrous metal mining companies and 4 are gold companies. With an operating income of 136.1 billion yuan, Zijin Mining ranks 9th among non-ferrous companies, 7th among non-ferrous metal mining companies, and 1st among gold companies.
Among the 18 non-ferrous metal mining companies on the list, the average net profit is 800 million yuan, the average net profit rate is 0.57%, the average net asset value is 26 billion yuan, and the average ROE is -12.30%. Compared to the industry average, Zijin Mining’s net profit is 4.3 billion yuan, the net profit rate is 3.15%, the net assets is 51.2 billiong yuan, and the ROE is 8.37%, which indicate Zijin is more profitable. In terms of debt ratio, the average value of 18 non-ferrous metal mining companies is 80.38%; while Zijin Mining is 58.66%, which is relatively low and reasonable.
Among the 4 gold companies on the list, Zijin Mining continues to maintain the leading position in operating income, net profit, net profit margin, total assets, and net asset profit margin, with the lowest debt ratio.
‘China's Top 100 Multinational Companies’are generated based on the ranking of the total overseas assets of the companies, and the multinational index is calculated with reference to multiple indicators such as overseas operating income, overseas assets, and overseas employees. The Zijin Mining Multinational Index is 53.02% , higher than the average index of China's top 100 multinational companies by 16.10%. A total of 9 non-ferrous mining companies have entered the top 100 multinational companies on the list, and Zijin Mining Multinational Index ranks second.