Net profit comparison between Chinese and American companies

Today, Cnmoulding share a picture. is a comparative chart of the net profit of Chinese and American enterprises in the first quarter of 2020.

 In the first quarter, the banking sector continued to suck money in spite of the domestic epidemic and the near-stagnation of industries, according to figures.

 Among them, the four state-owned banks have net profits of more than 50 billion yuan. The first line of the universe, not surprisingly, held first. In the first quarter, ICBC's net profit was as high as 84.494 billion yuan, followed by China Construction Bank, creating 80.8 billion yuan. Agricultural Bank and Bank of China followed closely, with net profits of 64.1 billion yuan and 52.5 billion yuan respectively. Surprisingly, except for the four big banks, other banks aren't willing to show off.

In the top 20, except PICC, Taibao, Shenhua, Maotai, China Construction and China Life six, the remaining 14 listed companies are all banks.

 And look at American companies. Apple, Microsoft, Google, Intel, Pfizer, Facebook... Except for Bank of America and VISA, basically are high-tech enterprises. On the other hand, we...

 Apple and Microsoft, which are also top performers, Asia and the world's leading technology companies, posted a less net profit in the first quarter than China's two biggest banks.

 It seems that our banking industry is never bad for money under any circumstances. No wonder the industry's giants are breaking their heads and going to the banks.

 It's a pity that making such money is not human.

 At the beginning of the new year, the epidemic swept the country, the tide of the shutdown, the tide of layoffs constantly hit people living in the city, among which small white-collar workers suffered the most.

However, the results... can not be said to be without measures.

 When the outbreak was most tense, some media reporters called ICBC, China Merchants Bank, China Construction Bank, Agricultural Bank and other banks and confirmed that the mortgage can be extended for 30 days.

 At that time, however, including the small editor, the outbreak of at least asked more than 50 mortgage owners, all said that the bank did not have such treatment.

 Including the banks mentioned in the media. "Even if there is no outbreak, you have three chances to extend your mortgage payments. If you don't have a mortgage in the near future, you can stay for a month, but remember that you only have three chances. I advise you not to use it easily. The above is the reply given by a bank.

 Although on February 1, the central bank, the Ministry of Finance, the Banking Regulatory Commission, the Securities Regulatory Commission and the Foreign Exchange Bureau jointly issued the Circular on Further Strengthening Financial Support for the Prevention and Control of the Epidemic of New-type Coronavirus Infected Pneumonia, which requires that those affected by the epidemic who temporarily lose their income sources should be given an appropriate tilt in the credit policy, flexible adjustment of personal credit repayment arrangements such as housing mortgages and credit cards, and reasonable delay in the repayment period.

However, in response to the China Times, ICBC said it would submit credit records according to the adjusted repayment arrangements, but in principle, it would submit the overdue records before adjusting the repayment arrangements. In fact, most banks have this attitude. During the epidemic, you are difficult, my bank is not easy ah, why give you...

Don't we have high - tech companies? Of course not.

 You know, our high-tech enterprises are also leading the world's consumption trend, at least in some areas.

 Among these enterprises are Huawei, Tencent, Ali, NetEase, JingDong ,360, Baidu, Xiaomi, Gree, Midea, plus Haier and Beijing and Eastern, etc.

 Look at their net profit:

 Huawei reported operating performance for the first quarter of 2020: in the first quarter of 2020, Huawei achieved sales revenue of 182.2 billion yuan, an increase of 1.4 percent over the same period last year, with a net profit margin of 7.3 percent, and a net profit of 13.3 billion yuan.

 Tencent's revenue in the first quarter was 108.065 billion yuan, up 26 percent from the same period last year, with a market estimate of 101.071 billion yuan and a net profit of 28.896 billion yuan, according to Tencent's data.

 Alibaba, the Q4 income from January 1, 2020, to March 31, 2020 is RMB 114.314 billion yuan, up 22% from the same period last year, and the net profit attributable to ordinary shareholders is RMB 3.162 billion yuan.

 Net revenue in the first quarter of 2020 was 17.06 billion yuan, up 18 percent from a year earlier, and net profit for going-concerns attributable to NetEase shareholders was 3.55 billion yuan.

 JingDong's first quarter of 2020 results show: JingDong's first-quarter net revenue of 146.2 billion yuan, the market is expected to 136.66 billion yuan, the same period last year 121.1 billion yuan. GAAP net profit 1.1 billion yuan.

 Baidu's unaudited financial report for the first quarter of 2020 showed revenue of 22.5 billion yuan in the first quarter, down 6.5 percent from the same period last year, and net profit (Non-GAAP) of 3.1 billion yuan;

 In the first quarter,360 reported revenue of 2.25 billion yuan, down 16.74 percent from a year earlier, and net profit of 360 million yuan attributable to shareholders of listed companies.

 Xiaomi Group released its first-quarter results, the company adjusted net profit of 2.3 billion yuan in the first quarter, an increase of 10.6 percent over the same period last year; the revenue of 497 billion yuan, an increase of 13.6 percent over the same period last year.

 Gree from January 1,2020 to March 31,2020, the company realized total operating income of 20.7 billion yuan-22.9 billion yuan, attributable to the listed company shareholders' net profit :1.33 billion yuan-1.71 billion yuan.

 Midea reported in the first quarter of 2020, achieving revenue of 58.013 billion yuan, down 22.86 percent from the same period last year; net profit attributable to shareholders of listed companies was 4.811 billion yuan.

 Haier Zhijia issued a quarterly report for 2020, the company achieved operating income of 43.141 billion yuan from January to March 2020, down 11.09% from the same period last year, and the net profit attributable to shareholders of listed companies was 1.07 billion yuan.

 Beijing and Oriental revenue in the first quarter of 2020 was 25.88 billion yuan, down 2.17 percent from the same period last year; net profit was 567 million yuan, down 46.12 percent from the same period last year, and net loss after deduction of 502 million yuan.

 After simple accounting, above China's top high-tech enterprises total net profit, not to mention the second runner-up's industrial and commercial and construction bank, total profits are combined, even the fourth bank of China is not as good.

Before Chinese injection molding supplier says real estate Revitalization of the State? In this magical land of China, the bank is the real king.