This is the sixth edition of our Tou Ying Tracker, which identifies the fastest-growing Chinese companies in the UK per annum. We start by analysing the 750 largest Chinese owned companies with published accounts filed at Companies House by 30 September 2018.
Download Tou Ying Tracker 2018
Our findings showed that in 2018 average revenue growth of the 750 largest Chinese owned companies increased by 11.6%; Employees totaled 80,000; the combined turnover was 68 billion pounds; average turnover from financial services saw the largest growth of 29.8%, followed by those of manufacturing and industrial and business support services, which were 15.4% and 14.5% respectively.
This year we did a single ranking for the 30 fastest growing companies which represent a combined turnover of 43 billion pounds rather than featuring separate rankings for state-owned enterprises (SOEs) and privately owned Chinese companies.
Grant Thornton UK and China Daily jointly held an award-giving ceremony to release this ranking at The Royal Society for the Encouragement of Arts, Manufacturers and Commerce on Feb 27, 2019.
In this report, we explored how Chinese owned companies performed by industry amid the economic turbulence created by Brexit and wider international tensions.
Our China Britain Services Group provide a full range of services for Chinese corporates and real estate investors investing in the UK. We have worked with Chinese business for many years and use our cultural understanding to add value for our clients and help unlock their growth potential.