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Comparative Analysis of the Development Status of NEEQ Listed CompaniesĀ in Major Regions in 2018

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The Growth Report of Zhongguancun NEEQ Listed Firms (2019)

Abstract

The report analyzes five most agglomerated regions of NEEQ, including Guangdong, Zhongguancun, Jiangsu, Zhejiang and Shanghai by comparing core indicators such as the reference market value, assets, operating income, profit, financing, taxation and employee composition. The report also focuses on analyzing the profitability and innovation ability of each region to highlight the actual development situation and growth ability. The data show that due to the overall economic situation, the NEEQ market development of the five regions in 2018 is not optimistic, but the overall quality and strength of Zhongguancun are still better than other regions.

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Notes

  1. 1.

    Since Shenzhenā€™s various indicators account for a large proportion in Guangdong Province, the following is a special comment on the core indicators of Shenzhen NEEQ enterprises. In 2018, the number of listed companies in Shenzhen NEEQ was 642, accounting for 39.22% of Guangdong Province; as of April 30, 2019, a total of 514 companies had published annual reports.

  2. 2.

    The market value of Shenzhen in 2018 was 147.72 billion yuan, accounting for 58.00% of the total market value of NEEQ enterprises in Guangdong Province, down 10.76% year-on-year.

  3. 3.

    The enterprises with a market value of more than 10 billion yuan in Zhongguancun include Shenzhou Youche, Qiheda, Jiuding Group, Guodu Securities, Hanlinhui, and Ruirui Technology.

  4. 4.

    Shenzhenā€™s total assets in 2018 are 128.968 billion yuan, accounting for 42.47% of the total assets of the new three-board enterprises in Guangdong Province.

  5. 5.

    In 2018, Zhongguancun has four NEEQ enterprises such as Alte, Dexin IOT, China Kangfu and Xinzhongli to finance through the issuance of corporate bonds.

  6. 6.

    In 2018, the income tax amount of the NEEQ enterprises in Shenzhen was 940 million yuan, accounting for 45.45% of the total tax payment of the new three-board enterprises in Guangdong Province, which was slightly lower than that of the Guangdong area, which was 39.49%.

  7. 7.

    Actual tax burdenā€‰=ā€‰various taxes and fees paid in the current period āˆ’ tax refunds received in the current periodā€‰+ā€‰taxes payable in the current period āˆ’ taxes payable in the previous period.

  8. 8.

    The actual tax burden of the Shenzhen area in 2018 was 2.554 billion yuan, a year-on-year decrease of 10.54%. The reduction was greater than that of Guangdong Province, and the tax reduction was greater.

  9. 9.

    In 2018, the number of employees in Shenzhen was 135,700, accounting for 38% of the total number of employees in theNEEQ enterprises in Guangdong.

  10. 10.

    In 2018, the number of employees in the Shenzhen area was 32,948, accounting for 42% of the number of people in Guangdongā€™s NEEQ enterprises.

  11. 11.

    In 2018, the gross profit of Shenzhen NEEQ Company was 25.323 billion yuan, accounting for 44.18% of the total gross profit of the new three board enterprises in Guangdong Province.

  12. 12.

    The net profit of Shenzhen in 2018 was 3.955 billion yuan, accounting for 47.41% of Guangdong Province, down 45.25% year-on-year, which was lower than the overall level of Guangdong Province.

  13. 13.

    As of April 30, 2019, the number of innovative companies in the annual report has been disclosed.

  14. 14.

    There are 48 enterprises in the innovation layer in Shenzhen, accounting for 5.64% of the national innovation layer enterprises and 45.71% of the innovation enterprises in Guangdong Province.

  15. 15.

    The total market value of the innovative layer enterprises in Shenzhen in 2018 is 43.142 billion yuan, which is more than 50% of the overall level of Guangdong, accounting for 53.34%. At the same time, the market value of the innovation layer enterprises in Shenzhen accounted for 26.55% of the total market value of the region.

  16. 16.

    The total assets of the innovation enterprises in Shenzhen in 2018 were 46.327 billion yuan, accounting for 66.72% of the innovative enterprises in Guangdong Province. The total assets of Shenzhen innovation layer enterprises decreased by 8.54%.

  17. 17.

    The total revenue of innovative enterprises in Shenzhen in 2018 was 32.71 billion yuan, accounting for 62.80% of the total revenue of innovative enterprises in Guangdong Province. The total revenue of enterprises in Shenzhenā€™s innovation layer decreased by 23.34%.

  18. 18.

    The net profit of the innovative layer enterprises in Shenzhen reached 2,250 million yuan in 2018, accounting for 57.74% of the net profit of the innovative enterprises in Guangdong Province, and the net profit of the innovative enterprises in Shenzhen decreased by 24.75%.

  19. 19.

    In 2018, Zhongguancunā€™s innovative layer enterprises had five losses of more than 100 million yuan, of which Haixin Kejin lost 287 million yuan, Guangdong (except Shenzhen), Shenzhen and Jiangsu. There is a loss of more than 100 million yuan, and all enterprises in Zhejiang and Shanghai have a loss of less than 100 million yuan.

  20. 20.

    China Securities Regulatory Commissionā€™s "Guiding Opinions on Establishing an Independent Director System in Listed Companies": The board of directors of a listed company shall include at least one third of independent directors. Therefore, this is used as a limit to analyze.

References

  • Liu Pingan, Duan Shiwen. ā€œChina NEEQ Innovation and Development Report.ā€ Social Sciences Academic Press, 2018.

    Google ScholarĀ 

  • Xie Xueyan, Zhu Xiaoyang, Wang Lianfeng, Peng Yi. ā€œAn Empirical Study of the Impact of the NEEQ Stratification System on Innovation Enterprises.ā€ Journal of Central University of Finance and Economics 3 (2019).

    Google ScholarĀ 

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Zhongguancun Listed Companies Association. (2019). Comparative Analysis of the Development Status of NEEQ Listed CompaniesĀ in Major Regions in 2018 . In: The Growth Report of Zhongguancun NEEQ Listed Firms (2019). Springer, Singapore. https://doi.org/10.1007/978-981-15-0837-0_8

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  • DOI: https://doi.org/10.1007/978-981-15-0837-0_8

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  • Print ISBN: 978-981-15-0836-3

  • Online ISBN: 978-981-15-0837-0

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