Rank # of Global 500 Companies
U.S.	153
Japan	64
France	39

Company	2007 Number of Employees
U.S. Postal Service	785,929
Sinopec	634,011
Hon Hai Precision Industry	550,000

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Company	2007 Profits ($ millions)
Exxon Mobil	$40,610
Royal Dutch Shell	$31,331
General Electric	$22,208

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FAQ and methodology

All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More

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24 of 500

24. State Grid

Rank: 24 (Previous rank: 29)
CEO: Liu Zhenya
Employees: 1,486,000
Address: 86 Xichang'an Ave.
Beijing 100031
Country: China
Website: www.sgcc.com.cn

Thanks to China�s fast-growing economy, the mainland's largest power distributor saw profits nearly double in 2007, to $4.4 billion.

Now State Grid is doing deals outside its borders: In December, a consortium including State Grid successfully bid $3.95 billion for a 25-year concession to operate Philippines' power transmission. The Chinese company also signed a power purchase agreement with its Russian counterpart, RAO UES.

	$ millions	% change from 2006
Revenues	132,885.1	24.0
Profits	4,422.7	97.6
Assets	186,436.1	—
Stockholders' equity	71,415.0	—

Profits as % of
Revenues	3
Assets	2

Industry: Utilities

Rank	Company	Global 500 rank	Revenues ($ millions)
1	State Grid	24	132,885.1
2	�lectricit� de France	68	81,628.9
3	Enel	109	59,778.0


4	Tokyo Electric Power	146	47,980.0
5	Veolia Environnement	153	44,749.9
6	Gaz de France	193	37,541.0
7	China Southern Power Grid	226	33,861.2
8	Centrica	231	32,778.9
9	Korea Electric Power	245	31,355.2
10	Scottish & Southern Energy	253	30,618.2
11	Endesa	258	30,018.3
12	Iberdrola	339	23,909.5
13	Kansai Electric Power	347	23,548.9
14	National Grid	351	23,479.0
15	Chubu Electric Power	391	21,456.4
16	Vattenfall	396	21,253.3
17	CFE	408	20,658.3
18	Energie Baden-W�rttemberg	418	20,270.5
19	Exelon	444	18,925.0