2020 China’s Top 100 Fine Chemicals List Released
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Heavy! The 2020 China's Top 100 Fine Chemicals List was released by China Chemical Information Weekly 6 hours ago. On November 25, the 2020 China's Top 100 Fine Chemicals List was released in Shouguang, Shandong. Zhejiang Longsheng Group Co., Ltd. continues to top the list, followed by Zhejiang Xinhecheng Co., Ltd. and Hebei Chengxin Group Co., Ltd. in second and third place. Data shows that the average main business income, average R&D investment and average gross profit margin of China's top 100 fine chemical companies in 2019 have increased year-on-year. There are 77 companies in the eastern region on the list, which is the region with the highest concentration of top 100 fine chemical companies.
The average main business revenue of China's top 100 fine chemical companies in 2019 was 6.2 billion yuan, a year-on-year increase of 7% (5.8 billion yuan in 2018)； The average R&D investment (R&D expenses as a proportion of main operating income) is 4.14%, a slight increase year-on-year (3.81% in 2018) ； The average gross profit margin was 29.8%, a year-on-year increase of 1.8 percentage points (28% in 2018). The "Report" also shows that China's top 100 fine chemical companies are unevenly distributed geographically, with large differences in gross profit margins and varying R&D investment. In the 2020 China's Top 100 Fine Chemicals list, the gross profit margin of most companies is above 30%, and the highest gross profit margin can reach 76%, but there are still some companies with a gross profit margin below 10%. The R&D investment of most companies is above 4.0%, and the maximum R&D investment of companies reaches 12.0%, but there are still some companies whose R&D investment is less than 1%.