8 of 500
8. State Grid
State Grid
Rank: 8 (Previous rank: 15)
CEO: Liu Zhenya
Employees: 1,533,800
Address: 86 Xichang'an Ave.
Beijing  100031
Country: China
Website: www.sgcc.com.cn
State Grid Corporation serves as China’s primary power grid builder and operator, supplying power to millions. Since its founding in 2002, the company has become increasingly involved in power industry reform, technology exchange, and environmental conservation development.

State Grid President Liu Zhenya has set his sights on constructing China’s first national Smart Grids in order to slash energy costs and improve distribution. If the grids are completed by 2020, they are expected to provide up to 35% of China’s energy supply.

-- M.J.P.

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Is State Grid a great company, or what?
  $ millions % change from 2008
Revenues 184,495.8 12.4
Profits -343.0 -151.6
Assets 269,801.7 --
Stockholders' equity 90,088.8 --
Profits as % of  
Revenues -0.2
Assets -0.1
From the July 26, 2010 issue
Government owned 50% or more.
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 Based in U.S.

Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
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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