On January 13, Hurun Report releases the list of "Hurun China Top 500 in 2022", including 80 energy-related enterprises such as Huawei, famous for digital energy, Hengtong and TBEA, which are famous for electronic devices, and CATL and BYD, which are famous for lithium power.

The list is ranked according to the market value or valuation of enterprises. The market value of listed companies is calculated according to the closing price on November 15, 2022, and the valuation of non-listed companies is estimated with reference to listed companies in the same industry or according to the latest round of financing, excluding state-owned enterprises.

With 12 power-related companies on the list, Huawei ranks first with a valuation of 970 billion yuan, and ranks fifth in the top 500 categories, with its overall performance rising two places from last year. In recent years, Huawei has not only laid out photovoltaic and energy storage in the field of energy, but also laid out site energy and data center energy. In just a few years, Huawei has made good achievements in the field of energy and power, which has also led to the growth of its valuation.

Power-related enterprises, Zhongtian Science and Technology, Hengtong Group and Dongfang Cable have made great progress, ranking at the rate of dozens or hundreds, but there are also companies with a large decline in ranking. In fact, in the three years of the epidemic, the ranking of the top 500 in China has changed a lot, and the threshold for listing has dropped by 4 billion yuan compared with the previous year. About 50% of the top 500 companies in China three years ago have been eliminated.

Large number of photovoltaic enterprises on the list

From the perspective of new energy enterprises on the list, there are 22 photovoltaic-related enterprises on the list, which is the largest industry on the top 500 list. LONGi, Tongwei Group, Sungrow, JinKo Solar, JA Science and Technology, Trina Solar Energy, TCL Technology other companies are listed, and the market value of nine listed companies exceeds 100 billion yuan.

Photovoltaic related enterprises are also the most newly listed companies. JinKo Solar, Hoymiles Power , Yuneng Science and Technology, Hengdian Group and Shuangliang Eco-Energy etc. 5 new companies are on the list.

This also fully shows that under the background of promoting the development of new energy industry in the country, policies such as the construction of large photovoltaic bases and the promotion of photovoltaic counties have stimulated the rapid development of the industry, and related enterprises have also gained more benefits through technological innovation and market promotion, and the activity of enterprises is also higher.

Wind power is more centralized

Compared with wind power and photovoltaic, the number of enterprises on the list is relatively small, only Sany Heavy Industry, Vision Energy, Mingyang Intelligence and Sany Renewable Energy are listed. This also fully shows that the wind power market tends to be mature and the concentration of enterprises is higher.

Leading enterprises gather in lithium power industry

20 lithium power related enterprises are listed, and CATL is still the "leading elder brother" of the lithium power industry. Although the number of listed enterprises in lithium power industry is second only to photovoltaic, there are 15 enterprises in the overall ranking, which may be related to the rising price of upstream resources of lithium power, and the rising cost of many enterprises has adversely affected their valuation.

Traditional energy occupies the middle reaches

Oil, gas and coal in traditional energy are basically ranked in the middle and lower reaches, because most of the traditional energy enterprises are state-owned enterprises, and there are relatively few private enterprises, so there are relatively few enterprises on the list, only 13 oil, gas and coal together, and some traditional coal enterprises have begun to lay out hydrogen energy.

The ranking of new energy vehicles has generally declined

There are similarities between the field of new energy vehicles and the field of traditional energy, both of which belong to state-owned enterprises, so the number of private enterprises on the list is relatively small. Moreover, the ranking of most of the listed companies has declined. Only one of the six companies, BYD, rose in the ranking.

This also shows that under the combined effects of the epidemic, purchase restrictions and subsidy reduction, the overall prosperity of the new energy automobile industry has declined, especially the new forces of automobile manufacturing, which are likely to be eliminated in the fierce market competition due to the lack of sufficient financial support.

Energy Total List:

1月13日，胡润百富发布“2022胡润中国500强”榜单，其中以做数字能源著称的华为、以做电力设备著称的亨通、特变电工，以及以做锂电著称的宁德时代、比亚迪等80家能源类相关企业上榜。

该榜单是按照企业市值或估值进行排名。上市公司市值按照2022年11月15日的收盘价计算，非上市公司估值参考同行业上市公司或根据最新一轮融资情况进行估算的，其中不包含国有企业。

华为市值排名第一

此次有12家电力相关企业上榜，华为以9700亿估值排名第一，在整个500强全品类排名中，华为排名第五，整体业绩比去年上升两名。近年来华为在能源领域不仅布局了光伏、储能，还在站点能源、数据中心能源方面都有布局，短短几年的时间，华为已经在能源电力领域取得了不错的成绩，这也变相带动了其估值的增长。

电力相关企业，中天科技、亨通集团和东方电缆进步幅度较大，排名以几十位、上百位的速度提升，但也有公司排名出现较大下滑。事实上疫情三年，整个中国500强榜单的排名变化非常大，上榜门槛比上一年下降了40亿元。约有50%三年前的中国500强企业已经被淘汰。

光伏企业上榜数量多

从上榜的新能源企业看，光伏相关的企业上榜数量有22家，是上榜500强榜单最多的行业。隆基股份、通威集团、阳光电源、晶科能源、晶澳科技、天合光能、TCL中环等公司上榜，9家上榜企业市值超千亿。

光伏类相关企业也是新上榜公司最多的。晶科能源、禾迈股份、昱能科技、横店东磁、双良节能累计5家公司新上榜。

这也充分说明在国家推进新能源产业发展的大背景下，光伏大基地建设、光伏整县推进等政策刺激了产业的高速发展，相关企业也通过技术创新、市场推广等方式获得了更多收益，企业活跃度也更高。

风电更集中化

风电与光伏相比，上榜企业数量偏少，只有三一重工、远景能源、明阳智能和三一重能四家企业上榜。这也充分说明风电市场趋于成熟，企业集中度更高。

龙头企业云集锂电产业

20家锂电相关企业上榜，宁德时代依然是锂电行业的“带头大哥”。虽然锂电行业上榜企业数量仅次于光伏，但从整体排名看，排名下滑的企业有15家，这可能和锂电上游资源价格上涨有关，很多企业成本提高，让其估值收到不利影响 。

传统能源占据中游

传统能源中的油气、煤炭两大类基本排名处在中游和下游的位置，因为传统能源企业大部分是央国企，民营企业比较少，因此上榜的企业也相对较少，油气煤炭加在一起也只有13家，有些传统煤炭企业也开始向氢能布局。

新能源车排名普遍下滑

新能源车领域和传统能源领域有相似之处，都属于国企偏多的，因此能上榜的民营企业数量相对就少一些。不仅如此，大部分上榜企业的排名出现了下滑。6家公司中仅比亚迪一家排名上升。

这也说明疫情影响、限购影响、补贴缩减影响的综合作用下，新能源汽车整体行业的景气度下滑，尤其是造车新势力，缺少足够资金支撑很可能会在激烈的市场竞争中惨遭淘汰。

能源总榜：