List of Anhui Top 100 Private Enterprises was Unveiled, Threshold is 137 Million more than that of Previous Year

One more private enterprise achieving 20 billion RMB revenues appears in Anhui. The List of Anhui Top 100 Private Enterprises led by Anhui Federation of Industry and Commerce  was released yesterday. With nearly 30 billion RMBrevenues, Quanwei Copper ranks as the champion again; and Anhui Goocoo Group becomes the second Anhui enterprise successfully  entering the “20 billion club”.

Revenues of Quanwei Copper Approach 30 Billion RMB
Anhui private enterprises were all concentrated in Top 100 List of last year.
Quanwei Copper is still the boss of Anhui private enterprises. Here is the progress. Quanwei Copper has started a point to be a "30 billion private enterprise" by reaching 29.7  billion Yuan of revenue in 2013. It regained the first place ofAnhui Top 100 Private Enterprises in 2012 with a revenue of 23.09 billion RMB and an increase of almost 4.7  billion RMB. It takes only one year for Quanwei Copper to increase from 20 billion RMB to almost 30 billion RMB. Just as Tongling Nonferrous exceeded 100 billion RMB, the  revenue of 30 billion RMB is within the reach of Anhui private enterprises.
There is another private enterprise with the revenue of more than 20 billion RMB in Anhui apart from Quanwei Copper. Anhui Goocoo Group ranked the second of Top 100 with the  revenue of 25.2 billion RMB in 2013. There’s no match with Goocoo whose revenue surged from 13.5 billion RMBin 2012 to 25.2 billion RMB this year.
Only top three of Anhui private enterprises can enter the “10 billion club”. In addition to above two enterprises, Guangdong Midea Group Wuhu Refrigeration Equipment Co., Ltd.  ranked third with the revenue of 16.6 billion RMB. In all kinds of revenue lists, the above-mentioned three enterprises are the traditional top three private enterprises in our  province.

A Number of Private Enterprises are Advancing to the “10 Billion Club”
Compared with Quanwei Copper and Goocoo Group, the momentum for private enterprises advancing to the “10 billion club” is not so strong. Among those private enterprises  Tongling Jingda is the largest growing rate, rising from 8.24 billion RMB in 2012 to 9.54 billion RMB in 2013, nearing the threshold of the Club.
The top ten private enterprises below Tongling Jingda all had the potential to join the “10 billion club”, whose "development members" include: Trust King Holding, Wenyi  Investment Holding Group, TRUCHUM Investment Group, Jinggong Steel Building Group, Yaxia Industry and Anhui Tiankang Group. The List of Top 10 Private Enterprises this year  completely coincides with that of last year. Among them, Wenyi Investment Holding Group has become the biggest dark horse within two years that increases all the way up to be  sixth with a revenue of 7.91 billion RMB since the first debut in the List of Top 10 Private Enterprises last year.
The reporter found from the statistics that enterprises with total revenue between 5 billion RMB to 10 billion RMB increased from 8 to 12 over previous year; and enterprises  with revenue between 2 billion to 5 billion RMB increased from 49 to 56 over previous year. Compared with last year, the threshold of Top 100 Private Enterprises increases to  1.468 billion RMB, 137 million RMB up year-on-year with the growth rate decreased by 1%.

Goocoo Group Topped the Tax Payment List - the third
As its revenue exceeded twenty billion RMB, Anhui Goocoo Group moved up to the third place in the Tax Payment List of Anhui private enterprises, whose tax amounted to 700  million RMB; tax amount of Anhui Yingjia Group approached RMB 1 billion RMB (940 million Yuan) and Anhui Kouzijiu raised its tax amount to 760 million RMB. Those two wine  enterprises still rated the top two though tax amount of the two have declined compared with last year, which were 1 billion RMB and RMB 890 million RMB respectively in last  year"s list.

The leading trio of Top 100 Import and Export changed this year as well.BBCA Group entered the top 3 of Top 100 Import and Export Enterprises with the toal export-import volume  of $300 million. The top 3 were Wuhu Meizhi Air Conditioning Equipment ($420 million), BBCA Group ($300 million) and Trust King Holding ($230 million) in order.
Data show that Top 100 Revenue realized a net profit of RMB 17.4 billion RMB, among which seven suffered from losses. The net profit margin decreased from 4.85% in 2012 to  4.66%. The asset-liability ratio reached 52.28%, falling 6.67%. Analysis found that the drop of asset-liability ratio indicates robust private enterprises operation and it also  discloses that the enthusiasm for investment of private enterprises has slowed down, and it still needs to broaden the financing channels and methods forprivate enterprises.