List of largest Chinese companies

This article lists the largest companies in China in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes. In 2014, Fortune's Global 500 list of the world's largest corporations included 95 Chinese companies, with combined revenues of US$5.8 trillion.[1] That same year, Forbes reported that five of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Bank of China.[3] Many of China's largest companies are state-owned enterprises, due to the significant presence of the governing Chinese Communist Party in the national economy.[4]

2014 Fortune list

This list displays the twenty largest Chinese companies according to the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in billions of US dollars and are for the fiscal year 2014.[1] Also listed are the headquarters location, net profit and industry sector of each company.[1]

RankFortune 500
rank
NameHeadquarters2014 revenue
(billions US$)[1]
2014 net profit
(billions US$)[1]
IndustryType
13Sinopec GroupBeijing457.2018.932OilPublic, State-owned
24China National PetroleumBeijing432.00718.504OilState-owned
37State Grid CorporationBeijing333.3867.982UtilitiesState-owned
425Industrial and Commercial Bank of ChinaBeijing148.80242.718BankingPublic company, State-owned
538China Construction BankBeijing125.39734.912BankingPublic, State-owned
647Agricultural Bank of ChinaBeijing115.39227.050BankingState-owned
752China State Construction EngineeringBeijing110.8111.853ConstructionState-owned
855China MobileBeijing107.6479.197TelecommunicationsState-owned
959Bank of ChinaBeijing105.62225.520BankingPublic, State-owned
1076Noble GroupHong Kong97.8780.234ConglomeratePublic
1179China National Offshore OilBeijing95.9717.700OilState-owned
1280China Railway ConstructionBeijing95.7460.986ConstructionPublic, State-owned
1385SAIC MotorShanghai92.0244.034AutomotivePublic, State-owned
1486China Railway EngineeringBeijing91.1521.524ConstructionState-owned
1598China Life InsuranceBeijing80.9090.594InsurancePublic, Government-owned
16107Sinochem GroupBeijing75.9390.755Oil/ChemicalsGovernment-owned
17111FAW GroupChangchun75.0053.263AutomotiveState-owned
18113Dongfeng Motor GroupWuhan74.0081,.48AutomotiveState-owned
19115China Southern Power GridGuangzhou72.6971.325UtilitiesState-owned
20122China Development BankBeijing71.30512.949BankingGovernment-owned

2014 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the fiscal year 2014.[2]

RankForbes
2000
rank
NameHeadquartersRevenue
(billions
US$)[2]
Profit
(billions
US$)[2]
Assets
(billions
US$)[2]
Market value
(billions
US$)[2]
Industry
11Industrial and Commercial Bank of ChinaBeijing148.742.73,124.9215.6Banking
22China Construction BankBeijing121.334.22,449.5174.4Banking
33Agricultural Bank of ChinaBeijing136.4272,405.4141.1Banking
49Bank of ChinaBeijing105.125.52,291.8124.2Banking
510PetroChinaBeijing328.521.1386.9202Oil
629Sinopec GroupBeijing445.310.9228.494.7Oil
762Ping An InsuranceShenzhen594.6552.866.1Insurance
865Bank of CommunicationsShanghai46.610.1942.248.7Banking
966China LifeBeijing68.44327.279.8Insurance
10102China Merchants BankShenzhen32.28.1634.745.2Banking
11121China Minsheng BankingBeijing34.16.8541.233.6Banking
12124China Shenhua EnergyBeijing42.87.280.457.6Mining
13129Industrial Bank Co.Fuzhou32.76.7593.528.8Banking
14130Shanghai Pudong Development BankShanghai31.76.7607.929.2Banking
15134China CITIC BankBeijing27.85.7555.632.5Banking
16150China TelecomBeijing52.32.989.737.4Telecommunications
17175SAIC MotorShanghai88.3456.424.7Automotive
18206China Everbright BankBeijing21.24.2404.218.6Banking
19223China State Construction EngineeringBeijing88.12.5123.414Construction
20227China Pacific InsuranceShanghai33.21.6118.623.2Insurance

References

  1. 1 2 3 4 5 6 "Global 500". Fortune. 2014. Retrieved 27 January 2015.
  2. 1 2 3 4 5 6 "The World's Biggest Public Companies (China)". Forbes. 2014. Retrieved 27 January 2015.
  3. "The World's Largest Companies: China Takes Over The Top Three Spots". Forbes. 7 May 2014. Retrieved 27 January 2015.
  4. "State-owned enterprises: Fixing China Inc". The Economist. 30 August 2014. Retrieved 6 February 2015.

See also

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