Suning Retail Forbes Ranked First In China
"Forbes" announced on the 9th Global 2000, large enterprises around the world lined up on the "seating", China
Home Appliances Chain leader Suning Electrical ranking 1055 as the highest ranking Chinese retail enterprises, while top-ranked Chinese private enterprises. The total of 178 selected Chinese companies, 91 Mainland enterprises, while selected "Forbes" 2000 Chinese enterprises are large enterprises Industrial and Commercial Bank of China, China Unicom, Lenovo.
Learned that the companies selected based on the "Forbes" magazine on the company's revenues, profits, assets and market value of a comprehensive performance evaluation, concluded that the world's largest and fastest growing of the giant companies, and integrated Performance Evaluation of a single measurement method also avoided the potential business assessment of balance, or even rule out this Forbes scale, but there is a big problem with the candidates for the company.
Global 2000 with strong revenue, total profits, total assets and total market capitalization reached 32 trillion U.S. dollars, respectively, 1.6 trillion, 125 trillion U.S. dollars and 20 trillion. The United States remains the dominant global giant chart, a total of 551 short-listed U.S. companies, but first published in 2004 year on year decrease of 200 seats, because many U.S. companies because of their domestic recession, the economic situation did not keep pace with global competitors pace, on the contrary, China, India and Brazil, many companies quickly joined the list. The list of Chinese enterprises has shown strong development momentum, a total of 178 Chinese enterprises to the list, except mainland enterprises, there are 42 Chinese enterprises in Hong Kong, and Taiwan enterprises 45.
Suning Appliance Ranking as the only Chinese home appliance chain enterprises in China now has more than 850 chain stores of a large sales network, the world's thousands of home appliances and consumer electronics manufacturers to provide various types of retail terminals
Service , By 2008 total revenues of 7.31 billion U.S. dollars, profits of 320 million U.S. dollars, assets of 31.5 billion U.S. dollars, the total market capitalization was 7.04 billion U.S. dollars, the index in the global home appliance chain enterprises in the forefront in the global retail businesses were living in 35, and in the last year, one of the world's fourth-largest accounting firm Deloitte and the U.S. retail trade magazine "STORES" the official websites of the "2009 version of the Global Retail 250" list, even without the Chinese retail enterprises to the top 100, this progress fully demonstrates the Chinese domestic market and the tremendous potential of modern retail business in China booming, Suning Appliance as a leading retail enterprises in China have been equipped with international competitiveness.
Shanghai Bureau Chief of Forbes Fan Luxian (RussellFlannery), said Forbes Global 2000 in this statistics, the main consideration of the current economic situation impact on the business, and enterprise of its own power and potential of the reasons for so out of the rankings. Suning Appliance The leading Chinese retail enterprises, as selected, the main benefit of Suning Appliance has long adhered to endogenous expansion mode, fast steady pace of development companies, and in the current economic environment, still able to maintain healthy and rapid growth, showing strong competitiveness and business potential, and has demonstrated the great enterprise of the gene. Meanwhile, Fan Luxian also pointed out that China's current economic policies tend to domestic demand and encourage domestic consumption, retail sales growth of huge market space, Suning Appliance will be long-term benefit.
Zhang Jindong, chairman of Suning Appliance, said the Forbes Global 2000 ranking is a good indicator of coordinates that enables enterprises to find their own gaps and goals, while Suning in China's leadership has made a relatively edge but also promising in the global market. Suning has identified the Global 500 in 2010 goals, and have made their move into the water to Hong Kong international trial program, 1.3 billion people rely on the Chinese domestic market, an increasingly regulated market environment, and has gradually established international management platform, Suning have confidence and the ability to create a "Wal-Mart in China", as the aim at globalization, "Made in China" provides global "Chinese sources."
Suning Retail Forbes Ranked First In China
By: mumu
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