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 2019, Fortune's Global 500 list of the world's largest corporations included 119 Chinese companies, with combined revenues of US$8.2 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 Chinese government in the national economy.[4]

The headquarters of the oil company Sinopec in Beijing. Sinopec was China's largest and the world's third-largest company by revenue in 2014, with a total annual revenue of over US$450 billion.[1] In terms of total assets, the Industrial and Commercial Bank of China was both China and the world's largest bank in 2014, with over US$3 trillion worth of assets.[2]

2019 Fortune list

This list displays the twentyfive 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 2018.[1] Also listed are the headquarters location, net profit and industry sector of each company.[1]

RankFortune 500
rank		NameHeadquarters2018 revenue
(billions US$)[1]		2018 net profit
(billions US$)[1]		IndustryType
12Sinopec GroupBeijing414.6505.845OilPublic, State-owned
24China National PetroleumBeijing392.9772.271OilState-owned
35State Grid CorporationBeijing387.0568.175UtilitiesState-owned
421China State Construction EngineeringBeijing181.5253.160ConstructionState-owned
526Industrial and Commercial Bank of ChinaBeijing168.97945.002BankingPublic company, State-owned
629Ping An InsuranceShenzhen163.59716.237InsurancePublic
731China Construction BankBeijing151.11138.498BankingPublic, State-owned
836Agricultural Bank of ChinaBeijing139.52430.657BankingState-owned
939SAIC MotorShanghai136.3935.444AutomotivePublic, State-owned
1044Bank of ChinaBeijing127.71427.225BankingPublic, State-owned
1151China Life InsuranceBeijing116.172−2.567InsurancePublic, Government-owned
1255China Railway EngineeringBeijing112.1331.241ConstructionState-owned
1356China MobileBeijing112.09611.745TelecommunicationsState-owned
1459China Railway ConstructionBeijing110.4561.187ConstructionPublic, State-owned
1561HuaweiShenzhen109.0308.954TechnologyPrivate
1663China National Offshore OilBeijing108.1307.311OilState-owned
1767China Development BankBeijing103.07316.744BankingGovernment-owned
1880China ResourcesHong Kong91.9863.475ConglomerateGovernment-owned
1982Dongfeng Motor GroupWuhan90.9341.600AutomotiveState-owned
2087FAW GroupChangchun75.0053.263AutomotiveState-owned
21 88 Sinochem Beijing 89.358 0.701 Chemicals Government-owned
22 93 China Communications Construction Beijing 88.141 1.585 Construction Public, Government-owned
23 97 Pacific Construction Group Ürümqi 86.622 3.391 Construction
24 101 China Post Beijing 85.627 4.134 Logistics State-owned
25 107 China Energy Investment Beijing 81.977 3.531 Energy State-owned

2019 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 2018.[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 ChinaBeijing175.945.24,034.5305.1Banking
23China Construction BankBeijing150.338.83,382.4225.0Banking
34Agricultural Bank of ChinaBeijing137.530.93,293.1197.0Banking
47Ping An InsuranceShenzhen151.816.31,038.3220.2Insurance
58Bank of ChinaBeijing126.727.53,097.6143.0Banking
622PetroChinaBeijing322.88.0354.3198.7Oil
7 27 China Mobile Beijing 111.8 17.9 223.7 197.6 Telecommunications
831China Merchants BankShenzhen54.912.3982.5130.4Banking
935Sinopec GroupBeijing399.79.5233.0105.6Oil
1039Bank of CommunicationsShanghai64.811.21,388.263.6Banking
1155Industrial Bank Co.Fuzhou49.79.3951.062.4Banking
12 59 Alibaba Group Hangzhou 51.9 10.3 133.7 480.8 E-commerce
13 61 Postal Savings Bank of China Beijing 61.0 8.0 1,386.1 48.8 Banking
1465Shanghai Pudong Development BankShanghai50.08.5916.152.1Banking
15 74 Tencent Shenzhen 47.2 11.9 105.4 472.1 Technology
1680China State Construction EngineeringBeijing178.85.8271.441.0Construction
1793China CITIC BankBeijing45.66.8883.642.9Banking
1894Evergrande GroupShenzhen71.75.8273.842.5Real estate
19100SAIC MotorShanghai135,25.4114.051.5Automotive
20105China LifeBeijing98.31.9474.8114.2Insurance
21114China Minsheng BankingBeijing46.77.7873.233.9Banking
22124VankeShenzhen41.15.0222.646.5Real Estate
23 129 Country Garden Shunde 56.7 5.2 237.4 35.2 Real Estate
24140China Pacific InsuranceShanghai54.12.7191.247.9Insurance
25151China Everbright BankBeijing33.15.1634.731.8Banking

References
  1. "Global 500". Fortune. 2019. Retrieved 27 January 2015.
  2. "The World's Biggest Public Companies (China)". Forbes. 2019. Retrieved 27 January 2015.
  3. "Global 2000 - The World's Largest Public Companies 2019". Forbes. Retrieved 25 July 2019.
  4. "State-owned enterprises: Fixing China Inc". The Economist. 30 August 2014. Retrieved 6 February 2015.

See also
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