作者丨CV

本期我们将从公司类型和上市情况看A股上市公司

公司类型 国有企业占比近六成

从所有制结构看，“义利 99”中的国有企业共 59 家，其中央企 39 家、地方国企 20 家，占比 59.60%； 民营企业共 24 家，占比 24.24%，呈现国有、民营共创社会价值的态势。

我们看到，由于所有制基因，国企尤其是央企在提升社会福祉和促进环境保护方面发挥了示范作用；难能可贵的是，面对激烈的市场竞争， 正泰电器、中兴通讯和比亚迪等 24 家民营企业义利并举谋求发展，从强手如林的沪深 300 跻身进入了“义利 99”。

上市情况

主板为主、上交所居多

“义利 99”中主板上市公司 86 家，占 86.87%；中小板 12 家，占 12.12%；创业板 1 家，占比 1.01%，基本与沪深 300 的结构相符。在上交所上市 69 家，占比 69.70%；深交所上市 30 家，占比 30.30%。

上市年限 5-10 年居多

从上市年限看，截至 2017 年 9 月，“义利 99”中上市时间最短的是上海银行（601229.SH），不满一年；时间最长的是万科 A（000002.SZ），近 27 年。上市时间 5- 10 年的公司最多，共 40 家，占比40.40%。

结合之前内容，从总体“义利 99”基本画像的八个方面来看，上榜公司具备了义利并举的基本特征。在义利并举方面，均已超过商业回报底线和社会福祉底线；

在行业分布方面，全行业覆盖，但工业、金融类企业占据了半壁江山；

在区域分布方面，80 家在东部地区，聚集在环渤海、长三角与珠三角三大经济区；在收入规模方面，营收超千亿元的公司占比 43.43%；

在纳税总额方面， “义利 99”超十亿元的公司占比为 83.84%；

在市值表现方面，“义利99”市值超千亿元的公司占比 48.48%；

从估值水平来看，“义利 99” 市盈率在 20 倍以下的公司占 58.59%；

从所有制结构看，国资民企兼具，国企占比略大，为 59.60%；

在上市类型方面，主板、中小板与创业板公司全覆盖。

相比于仅以经济指标论成败，“义利 99”所评价的是经济、社会和环境综合效益；相比于仅考虑当下市值，“义利 99”穿透式考察了企业的持续发展和创造价值的能力。

如果说重资产、高利润、大市值的上市公司， 是中国“富起来”的支柱，那么经济、社会和环境贡献均居前列的上市公司， 则更有可能成为“强起来”的栋梁。

English Version

The basic profile of SV 99 companies is presented from 2 perspectives: ownership types and years of listing.

Ownership Types

Nearly 60% are SOEs

In terms of the ownership structure, there are 59 state-owned enterprises (59.60%), including 39 directly controlled by the central government, and 20 by local authorities, and 24 private companies (24.24%), indicating that the SOEs and private companies are creating social value head to head.

While SOEs, especially those directly controlled by the central government, are playing a demonstrative role in improving people’s well-being and protecting the environment, it is worth noting that the 24 private companies, such as Zhejiang Chint Electrics, ZTE and BYD, are practicing a balanced DW & DG despite the fierce market competition, outshining the rest CSI 300 companies.

Years of Listing

Mostly Listed on the Main Board and SSE

Among the SV 99 companies, there are 86 (86.87%) listed on main board, 12 (12.12%) on SME board, and 1(1.01%) on ChiNext, which is in consistent with the composition of CSI 300, while 69 (69.70%) are SSE-listed and 30 (30.30%)listed on Shenzhen Stock Exchange (SZSE).

The Majority Have a 5 to 10 Year-History of Listing

As of September 2017, Bank of Shanghai (601229.SH) has been listed for less than 1 year, and China Vanke (000002.SZ) over 27 years, being the youngest and oldest SV 99 listed companies respectively. Companies with 5 to 10 years of listing take up the majority – 40 companies accounting for 40.40%.

Instead of only assessing economic indicators, SV 99 takes into account thesynchronized social, economic and environmental benefits. In addition to current market valuation, SV 99 also examines their sustainability and value creation capability.

While the listed companies with heavy assets, high profits and strong market valueare the pillars of China’s prospering economy, it is safe to say that the ones rankinghigh in economic, social and environmental contributions are more likely to foster the foundation for China’s rising national strength.

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本文转载自微信公众号“社创号”，ID为 chinavator。

执行主编 | 张羽漫

总编辑 | 汪亦兵

顾问 | 葛继延