Two behemoths from the energy sector head the list of China’s top 10 major export companies, a list determined based on company asset value as of May 2016.
Also making the list were two companies each from the iron and steel, diversified metals and heavy equipment industries.
In the analysis below, we compare the top 10 export businesses based on asset values, sales and profitability. Also specified is the Chinese city where each conglomerate has its headquarters.
Below are China’s biggest export companies organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of May 2016 compared to 2015.
1. PetroChina (oil, gas): US$368.7 billion, down -4.7% from 2015
2. Sinopec-China Petroleum (oil, gas): $223.7 billion, down -2.1%
3. China Shenhua Energy (diversified metals): $85.3 billion, up 6.1%
4. SAIC Motor (car/truck makers): $78.8 billion, up 39.7%
5. Fosun International (iron, steel): $62.4 billion, up 106.7%
6. China National Building (construction materials): $50.8 billion, up 5.4%
7. CSR (heavy equipment): $48 billion, up 152.6%
8. China Coal Energy (diversified metals): $39.6 billion, up 11.5%
9. Baoshan Iron & Steel (iron, steel): $36.1 billion, down -3.4%
10. China Shipbuilding Industry (heavy equipment): $32.8 billion, up 14.5%
Heavy equipment maker CSR posted the fastest increase in assets, up 152.6% from 2015. In second place was iron and steel conglomerate Fosun International (up 106.7%), followed by vehicle manufacturer SAIC Motor (up 39.7%).
By DANIEL WORKMAN（Please contact the administrator if have any infringement）