Our annual ranking of the world's largest corporations

7 of 500
7. State Grid
State Grid
Rank: 7 (Previous rank: 7)
CEO: Liu Zhenya
Employees: 1,583,000
Address: 86 W. Chang'An St.
Beijing, 100031
Country: China
Website: www.sgcc.com.cn

China's government-owned power company is in pretty good shape compared to its neighbors in Europe. The turbulent economic situation overseas has left many countries -- including Spain -- turning to China for a lifeline. Just last month, State Grid announced its plan to buy high-voltage electricity transmissions from Spanish construction company Actividades de Construccion y Servicios for $938.2 million.--Sierra Jiminez, associate producer

Subscribe to Fortune Magazine
  $ millions % change from 2010
Revenues 259,141.8 14.5
Profits 5,678.1 24.6
Assets 351,380.8 --
Stockholders' equity 135,107.5 --
Profits as % of  
Revenues 2.2
Assets 1.6159
From the July 23, 2012 issue
Government owned 50% or more.
Top 50 Headquarters
Interactive: Where the money is
What do you think of State Grid?

Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
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
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.