A股上市公司社会价值评估排行榜 义利99丨-友成企业家扶贫基金会
作者 I CV
2017 年度 A 股上市公司“义利 99”以沪深 300 成分股为对象，以中证指数有限公司 2017 年 6 月更新名单为基准，经以下步骤评估生成：
在本轮“义利 99”评估中，“筛选子模型”剔除了 3 家上市公司。其中恒生电子(600570.SH)的财务审计意见为带强调事项段的无保留意见，信威集团(600485.SH) 停牌超 6 个月仍未复牌，乐视网 (300104.SZ) 同时存在上述两个问题茜斯安。其余297家上市公司入围，依据“评分子模型”进行了社会价值量化评分。
榜单概况
从整体情况看，2017 年度“义利 99”的社会价值贡献和市值表现均优于沪深 300。其中，“义利 99”社会价值总分 5爱晴柔 ,976 分，沪深 300 社会价值总分 14,井琳 918 分，前者占比 40.06%；“义利 99”平均 60.36 分。
沪深 300 平均 49.73 分，前者高出 21.39%；截至 2017 年 9 月 30 日，“义利 99”总市值为 20.86 万亿元（人民币，下同），沪深 300 总市值为 32.21 万亿元，前者占比 64.76%。此外，沪深 300 的平均分尚不足 50，说明上市公司的社会价值贡献仍有较大提升空间。
榜单全貌中国建筑（601668.SH）、长江电力（600900.SH）和正泰电器（601877.SH）位列 2017 年度“义利99”前三强。
中国建筑（601668.SH）是中央国有企业清分机支票 ，于 2007 年 12 月成立，2009 年 7 月在上交所上市，属建筑与工程行业。中国建筑以“拓展幸福空间”为使命，以“品质保障，价值创造”为核心价值观，打造绿色建筑全产业链。2016 年，中国建筑获国家星级绿色建筑标识认证 42 项，主编国家标准、行业标准各 3 项，获得国家科技进步二等奖 1 项，科技成果鉴定 268 项。2016 年，中国建筑营业收入为 9,597.65 亿元，净利润为 411.72 亿元；截至 2017 年 9 月 30 日，总市值为 2,784.00 亿元，市盈率为 8.75 倍。在 2017 年“义利 99”榜单中位列榜首，总分 76.55 分、目标 | 驱动力 5.10 分、方式 | 创新力 25.35 分、效益 | 转化力46.10 分、合一度系数 75%。
长江电力（600900.SH）是中央国有企业，于 2002 年 11 月成立，2003 年 11 月在上交所上市，属电力行业。长江电力以“为长江提供防洪保障，为社会奉献清洁能源”为使命，构建以精益安全为核心的“精益—责任” 文化体系，推进长江经济带建设。2016 年，长江电力四座梯级枢纽拦蓄洪水 122.7 亿立方米，省部级科技管理成果奖共 3 项。2016 年，长江电力的营业收入为 489.39 亿元课栈网 ，净利润为 209.38 亿元；截至 2017 年9 月 30 日，总市值为 3,315.40 亿元，市盈率为 15.63 倍范家大院 。在 2017 年“义利 99”榜单中位列亚军，总分73.62 分、目标 | 驱动力 6.53 分、方式 | 创新力 21.52 分、效益 | 转化力 45.57 分、合一度系数 92%。
正泰电器（601877.SH）是民营企业，于 1997 年 8 月成立，2010 年 1 月在上交所上市，属电气设备行业。正泰电器以“争创世界品牌，实现产业报国”为使命，以“诚信守法、注重绩效、不断变革”为价值观，引领低压电器行业回归品质创新。2016 年，正泰电器获授权专利共 447 项，参与行业标准制（修）订共 5 项，完成国内外认证 83 项。2016 年，正泰电器营业收入为 201.65 亿元，净利润为 26.18 亿元；截至 2017年 9 月 30 日，总市值为 460.13 亿元，市盈率为 17.44 倍。在 2017 年“义利 99”榜单中位列季军，总分71.24 分、目标 | 驱动力 8.10 分、方式 | 创新力 20.76 分、效益 | 转化力 42.38 分、合一度系数 91%。
English Version
The 2017 China’s SV 99 Ranking of A-Share Listed Companies studied CSI 300 constituent companies in accordance with the list provided by China Securities Index Co., Ltd. updated in June 2017, and was generated by the following steps:
In this round of SV 99 assessment, 3 listed companies were eliminated through the Sub-models for Screening:Hundsun Technologies (600570.SH) got an unqualified opinion with emphasis-of-matter paragraph in its audit report;Xinwei Group (600485.SH) had been suspended from trading shares for over 6 months and failed to resume trading;and LETV (300104.SZ) suffered from both problems. The remaining 297 companies were shortlisted with their socialvalue assessed through the Sub-models for Scoring. (Please refer to Chapter 4 for a detailed introduction to themodels.)
Ranking Overview
Generally speaking, SV 99 outperformed CSI 300 Index in terms of social value contribution and Market Value of the constituent companies in 2017. SV 99 companies altogether scored 5,976 in social value, taking up 40.06% of that of CSI 300 companies scoring 14,918. SV 99 companies recorded an average social value of 60.36, 21.39% higher than that of CSI 300 companies (49.73). As of 30 September 2017浅菊夏离, total Market Value of SV 99 reached RMB 20.86 trillion ,accounting for 64.76% of the total RMB 32.21 trillion of all CSI 300 companies. Moreover, the average score of CSI300 companies was less than 50, indicating huge improvement potential.
Detailed List
China State Construction Engineering (601668.SH), China Yangtze Power (600900.SH) and ZhejiangChint Electrics (601877.SH) were ranked top 3 in 2017 SV 99 List.
As a state-owned enterprise (SOE) in the construction and engineering sector, China State Construction Engineering(CSCE) was established in December 2007 and listed in July 2009 in Shanghai Stock Exchange (SSE). Envisioning to“Contribute to a Happy Environment” with the core values of “Quality Assurance and Value Creation”, CSCE aims tocreate a green chain for the entire construction industry. In 2016, CSCE acquired 42 China’s National Green Building Evaluation Labels, compiled 3 national standards and 3 industry standards, won second prize for State Scientific and Technological Progress Awards, and passed 268 appraisals of sci-tech achievements. In 2016, the operating revenue of CSCE was RMB 959.77 billion with a net profit of RMB 41.17 billion. Its total market value reached RMB 278.4billion as of 30 September 2017 at a PE ratio of 8.75. Topping the 2017 SV 99 List, CSCE got a total score of 76.55,with AIM scoring 5.10, APPROACH 25.35, and ACTION 46.10, and its Consistency Coefficient was 75%.
China Yangtze Power (CYPC), a SOE in power industry, was established in November 2002 and listed in November 2003 in SSE. Envisioning to provide flood control capabilities against the Yangtze River and contribute clean energy tothe society, CYPC strives to build a “Lean-Responsibility” Culture System pillared on lean safety so as to promote thedevelopment of the Yangtze River Economic Belt. In 2016, CYPC succeeded in impounding 12.27 billion m3 of floodwater with its 4 cascaded hydropower plants, and was honoured with 3 provincial awards for sci-tech management.In the same year, the operating revenue of CYPC was RMB 48.94 billion with a net profit of RMB 20.94 billion. Its total market value recorded RMB 331.54 billion as of 30 September 2017 at a PE ratio of 15.63. Ranked second in the 2017 SV 99 List, CYPC got a total score of 73.62, with AIM scoring 6.53, APPROACH 21.52, and ACTION 45.57, and its Consistency Coefficient was 92%.
Zhejiang Chint Electrics (Chint), a privately-owned electrical appliance enterprise founded in August 1997, was listedin January 2010 in SSE. Envisioning to become a world-recognized brand and make contributions to China with outstanding performance in the electrical appliance industry, Chint values integrity and compliance, and focuses onperformance and constant reforms, leading innovations in the low-voltage electrical appliance sector. In 2016, Chintacquired 447 patents, formulated or revised 5 sets of industry standards and received 83 certifications from homeand abroad. In the same year, the operating revenue of Chint was RMB 20.17 billion with a net profit of RMB 2.62billion. Its total market value was RMB 46.01 billion as of 30 September 2017 at a PE ratio of 17.44. Ranked third inthe 2017 SV 99 List, Chint got a total score of 71.24, with AIM scoring 8.10, APPROACH 20.76, and ACTION 42.38, andits Consistency Coefficient was 91%.
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执行主编 | 张羽漫
总编辑 | 汪亦兵
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