Hengli Petrochemical and Rongsheng Petrochemical on Forbes China's Best CEO List

Recently, Forbes China released a list of the best CEOs.
This year, a total of 50 CEOs have been on the list, and the review period for their business performance began in 2018
.
The scope of the subject inspection covers A shares, Chinese Hong Kong stocks listed on the Hong Kong Stock Exchange, and Chinese concept stocks listed overseas
.
In order to exclude some CEOs from chasing short-term financial indicators at the expense of the company's long-term development, Forbes China's review period for the best CEO is the company's three consecutive years of operating performance, rather than the company's performance in the capital market in the short term
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The list is made with reference to basic financial indicators such as the market value of listed companies, range stock price changes, net profit and growth rate, ROA, ROE, etc.
, and requires listed companies to have three-year financial data for 2018-2020, and the CEO's term spans three financial years
.
In order to more accurately reflect the stock price fluctuations and exclude the inconsistencies in stock prices caused by dividends and allotments, the three-year stock price increase is from May 31, 2018 to May 30, 2021, with the stock price increase after restoration
.
Industry trends and the environment have a huge impact on the CEO's performance.
As in previous years, in addition to leading the company to achieve outstanding performance and maintaining a high growth rate under uncertainty, CEOs also need to compare their peers with outstanding performance
.



Among the 50 CEOs on the list, Lei Jun of Xiaomi Group topped the list, Fan Hongwei of Hengli Petrochemical ranked 19th, and Xiang Jiongjiong of Rongsheng Petrochemical ranked 21st
.

System list Description

1.
Since different companies the best CEO duties set collectively for each company CEO, president, general manager, Bank, etc.

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2.
Research scope: A-shares, Chinese-funded Hong Kong stocks, and overseas-listed Chinese concept stocks
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3.
Eligibility criteria: The listed company has three-year financial data, and the term of the CEO spans three financial years
.


4.
Calculating rankings and methods: focus on the performance and market size of listed companies through net profit and growth rate, ROA, ROE and other indicators, as well as stock price fluctuations and total market value in the reference interval
.

Note: Non-RMB currencies are converted at the exchange rate at the end of the year .
The stock price increase is from 2018/5/31 to 2021/5/30, and the stock price increase after restoration is uniformly extracted .
The total market value is based on 2021/5/30 and is extracted according to the Wind database .
* Representatives have left the position of CEO/President/General Manager.
Data source: Forbes China Research, annual reports and announcements of listed companies, Wind data leader: Joel Li