This year we rank all 45 Chinese firms by profits per equity partner (PEP) for the first time, and the results show a great disparity. The 45 firms had an average PEP of $474,911 – about a quarter of the $1.833m average PEP of the Global 100. But the most profitable Chinese firms are actually not too far from their global peers. The 10 Chinese firms with the highest PEP – the only firms that hit $800,000 or more – reported average PEP of $1.052m.