Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 100 Chinese Companies
Consumer products fueled revenue growth in the Chinese economy with a substantial 24% contribution, followed by financial services and real estate, each accounting for 11% of total sales in the LTM. Industries related to consumer defensive, such as packaged food and alcoholic beverages, experienced growth exceeding 40% in the latest completed fiscal year, while industrials and utility companies grew at a rate of 16-17%. Notably, Contemporary Amperex Tech and Tongwei Co Ltd doubled their annual sales. However, Country Garden Holdings Co Ltd, China National Building Material, and Xiaomi Corp faced challenges, with their revenues declining by more than 20% annually.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period]
Sector | Company | HQ | Industry | Latest | LTM | year-on-year % | CAGR | ||||||||
FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | ||||||
Basic Materials | China National Building Material | CHN | Building Materials | 2023-06 | 31.14 | na | -14.6% | na | -23.6% | -23.8% | -7.8% | -3.0% | 3.3% | ||
Anhui Conch Cement | CHN | Building Materials | 2023-09 | 20.67 | 15.7% | 13.1% | 16.1% | 10.8% | -21.4% | -13.5% | -5.6% | 11.9% | |||
Rongsheng Petro Chemical | CHN | Chemicals | 2023-09 | 42.98 | 9.1% | 8.2% | 6.2% | 8.7% | 57.9% | 64.2% | 51.9% | 32.0% | |||
Wanhua Chemical Group | CHN | Chemicals | 2023-09 | 23.78 | 8.8% | 2.2% | 1.6% | -0.6% | 13.8% | 50.2% | 34.5% | 25.5% | |||
Jiangxi Copper | CHN | Metals & Mining | 2023-09 | 72.52 | 16.9% | 10.5% | 8.5% | 8.0% | 8.4% | 22.7% | 25.9% | 18.5% | |||
Zijin Mining Group | CHN | Metals & Mining | 2023-09 | 41.29 | 4.1% | 7.6% | 10.2% | 11.8% | 20.1% | 25.5% | 25.7% | 23.4% | |||
Aluminum Corp of China Ltd | CHN | Metals & Mining | 2023-09 | 38.76 | -20.9% | -17.0% | -17.2% | -17.6% | -2.6% | 19.4% | 15.2% | 10.0% | |||
CMOC Group Ltd | CHN | Metals & Mining | 2023-09 | 24.31 | 6.0% | -6.2% | -6.9% | -10.9% | -9.3% | 20.1% | 36.2% | 46.5% | |||
Yunnan Copper | CHN | Metals & Mining | 2023-09 | 20.91 | 18.2% | 16.4% | 12.8% | 11.6% | 6.2% | 23.7% | 28.7% | 18.8% | |||
Tongling Nonferrous Metals Group | CHN | Metals & Mining | 2023-09 | 19.25 | 26.3% | 14.3% | 15.7% | 14.1% | -7.0% | 10.7% | 9.5% | 8.1% | |||
Baoshan Iron & Steel | CHN | Steel | 2023-09 | 48.96 | -10.3% | -8.5% | -8.5% | -6.6% | 1.0% | 14.3% | 8.1% | 5.0% | |||
Hunan Valin Steel | CHN | Steel | 2023-09 | 23.27 | 1.3% | -4.0% | -3.7% | 2.0% | -1.7% | 20.3% | 16.3% | 17.1% | |||
Communication Services | Tencent Holdings Ltd | CHN | Interactive Media | 2023-09 | 84.51 | 5.9% | 4.9% | 4.0% | 0.7% | -9.7% | 4.1% | 13.8% | 17.1% | ||
Baidu Inc | CHN | Interactive Media | 2023-12 | 18.89 | 3.2% | 2.5% | 4.1% | 3.3% | 6.3% | -1.8% | 4.8% | 4.9% | |||
China Telecom Corp Ltd | CHN | Telecommunication Services | 2023-09 | 71.14 | 4.3% | 5.2% | 6.5% | 7.1% | 9.5% | 10.6% | 8.6% | 5.6% | |||
China United Network Communications | CHN | Telecommunication Services | 2023-09 | 52.85 | 2.4% | 5.4% | 6.7% | 7.3% | 8.3% | 8.1% | 6.9% | 5.2% | |||
China Communications Services | CHN | Telecommunication Services | 2023-06 | 20.40 | na | -1.4% | na | -4.1% | -4.2% | 4.0% | 6.4% | 7.0% | |||
Consumer Cyclical | Midea Group | CHN | Furnishings, Fixtures & Appliances | 2023-09 | 51.95 | 7.3% | 8.2% | 7.6% | 4.0% | 0.7% | 10.0% | 7.4% | 7.4% | ||
Haier Smart Home | CHN | Furnishings, Fixtures & Appliances | 2023-09 | 36.50 | 6.1% | 7.2% | 7.5% | 6.2% | 7.2% | 7.8% | 6.6% | 8.3% | |||
Gree Electric Appliances Inc of Zhuhai | CHN | Furnishings, Fixtures & Appliances | 2023-09 | 28.03 | 6.6% | 6.5% | 5.0% | -0.4% | 0.3% | 5.6% | -1.8% | 4.9% | |||
Hengli Petrochemical | CHN | Manufacturing - Apparel & Accessories | 2023-09 | 31.93 | 24.4% | 0.0% | 1.6% | 3.8% | 12.3% | 20.8% | 30.2% | 36.2% | |||
Meituan | CHN | Retail - Cyclical | 2023-09 | 37.07 | 17.1% | 20.5% | 19.5% | 17.3% | 12.0% | 34.4% | 31.3% | 43.6% | |||
JD.com Inc | CHN | Retail - Cyclical | 2023-09 | 151.78 | -2.2% | -0.7% | -2.7% | -2.6% | 0.4% | 14.7% | 22.2% | 22.3% | |||
SAIC Motor Corp Ltd | CHN | Vehicles & Parts | 2023-09 | 104.95 | -6.9% | 9.4% | -0.8% | -1.9% | -4.6% | 0.1% | -4.1% | -3.1% | |||
BYD | CHN | Vehicles & Parts | 2023-09 | 82.07 | 38.5% | 50.4% | 57.7% | 70.9% | 96.2% | 64.6% | 49.2% | 32.0% | |||
BAIC Motor Corp Ltd | CHN | Vehicles & Parts | 2023-09 | 25.92 | -4.9% | 11.0% | 8.8% | 4.7% | -1.3% | 0.7% | 2.9% | 6.0% | |||
Zhongsheng Group Holdings Ltd | CHN | Vehicles & Parts | 2023-06 | 24.80 | na | -11.2% | na | -6.7% | -6.3% | 6.9% | 13.3% | 14.5% | |||
Great Wall Motor | CHN | Vehicles & Parts | 2023-09 | 22.13 | 27.2% | 30.2% | 12.3% | 0.4% | -8.2% | 11.9% | 12.7% | 5.0% | |||
Huayu Automotive Systems | CHN | Vehicles & Parts | 2023-09 | 23.62 | 0.1% | 11.6% | 7.3% | 8.9% | 13.1% | 8.9% | 3.2% | 2.4% | |||
Chongqing Changan Automobile | CHN | Vehicles & Parts | 2023-09 | 20.44 | 48.4% | 45.0% | 26.8% | 29.5% | 15.3% | 19.7% | 19.8% | 8.7% | |||
China Grand Automotive Services | CHN | Vehicles & Parts | 2023-09 | 19.07 | -1.2% | 7.0% | 0.9% | -3.1% | -15.7% | -8.2% | -7.8% | -3.6% | |||
Consumer Defensive | Kweichow Moutai | CHN | Beverages - Alcoholic | 2023-09 | 20.29 | 13.1% | 16.5% | 17.3% | 17.1% | 16.5% | 14.1% | 12.8% | 15.9% | ||
Yihai Kerry Arawana Holdings | CHN | Consumer Packaged Goods | 2023-09 | 36.61 | 2.1% | -2.9% | 0.4% | 2.7% | 13.8% | 14.9% | 14.7% | 11.3% | |||
Tongwei | CHN | Consumer Packaged Goods | 2023-09 | 21.52 | -10.5% | 1.0% | 9.1% | 26.2% | 119.7% | 79.5% | 55.9% | 40.4% | |||
New Hope Liuhe | CHN | Consumer Packaged Goods | 2023-09 | 20.97 | -2.1% | 2.7% | 6.3% | 11.8% | 12.1% | 13.5% | 19.9% | 17.7% | |||
Energy | China Petroleum & Chemical Corp | CHN | Oil & Gas | 2023-09 | 470.54 | -0.1% | -5.6% | -5.5% | -2.6% | 10.4% | 21.9% | 4.0% | 5.8% | ||
PetroChina | CHN | Oil & Gas | 2023-09 | 434.82 | -4.6% | -7.5% | -7.1% | -3.9% | 23.9% | 29.4% | 8.8% | 9.8% | |||
China Shenhua Energy | CHN | Other Energy Sources | 2023-09 | 49.14 | -2.2% | -0.7% | 0.8% | -1.9% | 2.6% | 21.5% | 12.5% | 6.7% | |||
China Coal Energy | CHN | Other Energy Sources | 2023-09 | 28.48 | -21.6% | -19.2% | -16.3% | -24.3% | -16.1% | 21.4% | 19.6% | 20.6% | |||
Yankuang Energy Group | CHN | Other Energy Sources | 2023-09 | 23.65 | -26.4% | -29.2% | -20.2% | -22.8% | 32.1% | -3.3% | -2.2% | 5.8% | |||
Shaanxi Coal Industry | CHN | Other Energy Sources | 2023-09 | 23.22 | -21.3% | -9.2% | -2.4% | 1.3% | 9.5% | 32.5% | 31.3% | 26.8% | |||
Financial Services | China Construction Bank Corp | CHN | Banks | 2023-09 | 115.39 | -2.7% | -2.3% | -1.3% | 2.4% | -0.2% | 4.3% | 5.2% | 5.7% | ||
Bank Of China Ltd | CHN | Banks | 2023-09 | 91.96 | 3.4% | 4.7% | 7.1% | 10.3% | 2.2% | 4.5% | 4.0% | 5.1% | |||
China Merchants Bank | CHN | Banks | 2023-09 | 47.67 | -4.6% | -1.9% | -1.8% | -0.9% | 4.6% | 9.1% | 8.5% | 9.3% | |||
Bank of Communications | CHN | Banks | 2023-09 | 39.01 | -4.4% | -0.1% | 1.6% | -0.8% | 1.2% | 8.6% | 7.3% | 8.3% | |||
Industrial Bank | CHN | Banks | 2023-09 | 30.16 | -8.6% | -5.0% | -5.6% | -6.7% | 0.5% | 4.6% | 7.1% | 9.7% | |||
China Citic Bank Corp Ltd | CHN | Banks | 2023-09 | 29.28 | -3.9% | -1.5% | -2.7% | -1.3% | 3.2% | 4.0% | 4.0% | 6.1% | |||
Shanghai Pudong Development Bank | CHN | Banks | 2023-09 | 25.16 | -7.6% | -9.5% | -7.6% | -7.1% | -1.3% | -2.0% | -0.1% | 2.3% | |||
Ping An Bank | CHN | Banks | 2023-09 | 23.99 | -15.6% | -10.4% | -7.7% | -6.2% | 6.1% | 8.2% | 9.2% | 11.2% | |||
China Everbright Bank | CHN | Banks | 2023-09 | 20.79 | -8.1% | -5.7% | -4.4% | -4.4% | -0.7% | 3.1% | 4.5% | 10.6% | |||
China Minsheng Banking | CHN | Banks | 2023-09 | 19.88 | 1.1% | -3.4% | -2.1% | -4.5% | -15.6% | -12.2% | -7.6% | -0.3% | |||
Ping An Insurance | CHN | Insurance | 2023-09 | 145.17 | 0.9% | -5.3% | 6.5% | 23.6% | -6.8% | -5.1% | -2.3% | 4.2% | |||
China Life Insurance | CHN | Insurance | 2023-09 | 117.73 | -10.0% | -4.6% | 1.1% | 0.8% | -3.0% | 0.3% | 3.8% | 4.9% | |||
The People's Insurance Co | CHN | Insurance | 2023-09 | 80.94 | na | na | na | na | 3.8% | 3.0% | 3.8% | 5.0% | |||
PICC Property and Casualty | CHN | Insurance | 2023-09 | 48.75 | na | na | na | na | -3.4% | 2.0% | 4.6% | 5.7% | |||
China Pacific Insurance (Group) | CHN | Insurance | 2023-09 | 64.90 | -9.0% | -7.1% | 1.0% | 33.6% | 3.4% | 3.9% | 5.7% | 7.3% | |||
New China Life Insurance | CHN | Insurance | 2023-09 | 28.42 | -47.4% | -35.8% | -18.4% | 75.6% | -3.5% | 1.9% | 7.2% | 8.3% | |||
China Reinsurance (Group) Corp | CHN | Insurance | 2023-06 | 25.11 | na | 14.1% | na | 31.6% | -7.0% | -3.0% | 5.9% | 7.8% | |||
Sunshine Insurance Group | CHN | Insurance | 2023-06 | 18.63 | na | 2.6% | na | 39.7% | -1.9% | 3.5% | 8.8% | na | |||
Healthcare | Jointown Pharmaceutical Group | CHN | Healthcare Providers & Services | 2023-09 | 21.53 | 0.1% | 6.6% | 11.1% | 13.9% | 14.7% | 12.5% | 12.2% | 13.7% | ||
Sinopharm Group | CHN | Medical Distribution | 2023-09 | 61.34 | na | na | na | na | -3.4% | 6.8% | 9.2% | 11.1% | |||
Shanghai Pharmaceuticals Holding | CHN | Medical Distribution | 2023-09 | 36.15 | 3.2% | 11.5% | 13.1% | 11.1% | 7.5% | 9.9% | 7.5% | 12.1% | |||
Industrials | Xiamen C & D Inc | CHN | Business Services | 2023-09 | 122.95 | 8.3% | 4.2% | 6.0% | 8.2% | 17.7% | 38.7% | 35.2% | 30.7% | ||
Wuchan Zhongda Group | CHN | Conglomerates | 2023-09 | 83.82 | 2.4% | 1.6% | 3.4% | 3.0% | 2.5% | 19.5% | 17.1% | 15.8% | |||
Zheshang Development Group | CHN | Conglomerates | 2023-09 | 28.31 | -2.1% | -0.7% | 4.1% | 10.0% | 8.6% | 33.3% | 38.1% | 31.9% | |||
ENN Natural Gas | CHN | Conglomerates | 2023-09 | 20.35 | -14.1% | -13.6% | -10.0% | 0.3% | 33.0% | 32.3% | 20.3% | 72.7% | |||
China State Construction Engineering | CHN | Construction | 2023-09 | 310.64 | 17.5% | 9.1% | 8.8% | 4.7% | 8.6% | 12.8% | 13.1% | 14.3% | |||
China Railway Construction | CHN | Construction | 2023-09 | 156.62 | 2.9% | -0.2% | 1.0% | 2.0% | 7.5% | 9.7% | 9.7% | 10.0% | |||
China Communications Construction | CHN | Construction | 2023-09 | 102.45 | -2.0% | -5.2% | -5.2% | -4.9% | -4.2% | 4.0% | 9.2% | 7.1% | |||
Metallurgical Corp of China Ltd | CHN | Construction | 2023-09 | 94.02 | 23.2% | 15.7% | 17.7% | 20.9% | 18.4% | 21.7% | 20.5% | 19.4% | |||
Power Construction Corporation | CHN | Construction | 2023-09 | 84.66 | 6.6% | 8.9% | 6.1% | 3.7% | 1.2% | 19.4% | 18.0% | 16.5% | |||
China Energy Engineering Corp | CHN | Construction | 2023-09 | 42.46 | na | na | na | na | 3.7% | 13.0% | 14.1% | 8.1% | |||
Shanghai Construction Group | CHN | Construction | 2023-09 | 45.99 | -8.1% | 19.0% | 20.7% | 26.1% | 1.8% | 11.2% | 11.7% | 15.0% | |||
Shaanxi Construction Engineering | CHN | Construction | 2023-09 | 26.37 | -1.5% | -4.4% | -2.7% | 8.3% | 12.9% | 21.8% | 21.9% | 88.8% | |||
China National Chemical Engineering | CHN | Construction | 2023-09 | 24.04 | -11.2% | 4.4% | 9.2% | 0.9% | 14.9% | 20.0% | 15.0% | 22.0% | |||
Sichuan Road & Bridge | CHN | Construction | 2023-09 | 19.58 | -22.7% | -6.4% | 3.4% | 1.5% | 31.8% | 44.7% | 36.9% | 32.8% | |||
Xiamen Itg Group Corp Ltd | CHN | Industrial Distribution | 2023-09 | 73.51 | -6.8% | -5.9% | -0.9% | 1.4% | 12.3% | 21.9% | 33.8% | 25.8% | |||
Contemporary Amperex Technology | CHN | Industrial Products | 2023-09 | 58.56 | 8.3% | 27.2% | 40.1% | 54.5% | 152.1% | 155.5% | 92.9% | 75.0% | |||
Weichai Power | CHN | Industrial Products | 2023-09 | 29.08 | 24.0% | 25.3% | 22.9% | 20.0% | -20.5% | -5.8% | 0.2% | 2.9% | |||
Xiamen Xiangyu | CHN | Transportation | 2023-09 | 73.04 | -1.8% | -13.8% | -5.9% | 1.0% | 16.4% | 22.2% | 25.5% | 21.5% | |||
SF Holding | CHN | Transportation | 2023-09 | 36.50 | -6.4% | -6.0% | -5.1% | -4.9% | 29.1% | 31.8% | 33.6% | 30.3% | |||
COSCO SHIPPING Holdings | CHN | Transportation | 2023-09 | 29.58 | -61.3% | -60.9% | -60.1% | -53.4% | 6.9% | 46.7% | 37.5% | 32.4% | |||
JD Logistics Inc | CHN | Transportation | 2023-09 | 22.68 | 21.9% | 144.4% | 275.4% | 384.5% | 19.7% | 32.8% | 40.4% | na | |||
China Southern Airlines | CHN | Transportation | 2023-09 | 19.34 | 62.4% | 75.5% | 70.3% | 46.2% | -14.3% | -3.0% | -17.4% | -7.4% | |||
Real Estate | Country Garden Holdings | CHN | Real Estate | 2023-06 | 69.78 | na | 30.1% | na | 0.7% | -25.0% | -6.4% | -3.9% | 12.3% | ||
China Vanke | CHN | Real Estate | 2023-09 | 64.74 | -31.6% | -19.3% | -14.0% | -12.0% | 11.3% | 9.6% | 11.1% | 15.7% | |||
Greenland Holdings Group Corp | CHN | Real Estate | 2023-09 | 54.39 | -21.6% | -16.7% | -17.1% | -9.5% | -20.0% | -2.2% | 0.6% | 8.5% | |||
Poly Developments and Holdings | CHN | Real Estate | 2023-09 | 44.99 | 21.6% | 24.2% | 23.1% | 4.7% | -1.4% | 7.5% | 6.0% | 13.9% | |||
China Evergrande Group | CHN | Real Estate | 2023-06 | 37.95 | na | 34.0% | na | 115.3% | -16.1% | -34.6% | -21.5% | -7.0% | |||
Longfor Group Holdings Ltd | CHN | Real Estate | 2023-06 | 30.86 | na | -38.9% | na | -22.1% | 2.3% | 13.1% | 18.5% | 26.8% | |||
China Merchants Shekou Ind. | CHN | Real Estate | 2023-09 | 24.02 | -23.6% | -14.0% | -15.3% | 0.6% | 13.9% | 18.8% | 23.3% | 19.2% | |||
Technology | Legend Holdings Ltd | CHN | Hardware | 2023-06 | 63.15 | na | -21.0% | na | -17.3% | -10.0% | 4.5% | 7.6% | 7.6% | ||
Foxconn Industrial Internet | CHN | Hardware | 2023-09 | 68.02 | -10.1% | -12.9% | -8.9% | -3.2% | 16.4% | 8.9% | 7.8% | 7.6% | |||
Xiaomi Corp | CHN | Hardware | 2023-09 | 37.19 | -3.5% | -7.0% | -13.5% | -18.3% | -22.2% | 3.6% | 10.9% | 18.2% | |||
Luxshare Precision Industry | CHN | Hardware | 2023-09 | 31.86 | -8.5% | 2.2% | 7.3% | 3.0% | 39.0% | 52.1% | 50.7% | 56.5% | |||
BOE Technology Group | CHN | Hardware | 2023-09 | 24.42 | 12.6% | 7.6% | -4.7% | -8.9% | -19.3% | 14.7% | 15.4% | 13.7% | |||
TCL Technology Group Corp | CHN | Semiconductors | 2023-09 | 24.57 | 14.2% | 9.0% | 5.2% | 2.4% | 1.7% | 47.3% | 30.4% | 8.3% | |||
LONGi Green Energy Technology | CHN | Semiconductors | 2023-09 | 19.35 | -18.9% | -3.4% | 8.5% | 22.8% | 60.0% | 53.7% | 57.7% | 51.1% | |||
Utilities | Huaneng Power International Inc | CHN | Utilities - Independent Power Producers | 2023-09 | 36.04 | -2.7% | 6.2% | 4.0% | 4.3% | 20.3% | 20.7% | 12.4% | 10.0% | ||
GD Power Development | CHN | Utilities - Independent Power Producers | 2023-09 | 26.06 | -11.0% | -7.5% | -6.1% | -6.0% | 14.4% | 15.6% | 18.2% | 26.4% | |||
Source: Annual Filings, Company Website | |||||||||||||||
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