China is the global leader in terms of having some of the biggest companies in the world, a few of them featuring in the top 10 list too, as published by the Forbes 2000 list in the recent times. It was made on the basis of factors such as profits, assets, revenue and market value. There are many factors which contributed to the success of the company and the companies are not just driven by the CEOs and MDs today. The companies are driven by the employees and hence you will notice that some of the most successful companies take care of their employees and they have an employee first policy.
Another factor that fuels the growth of these companies is that the technology and flexibility. The companies are supposed to be flexible and they need move ahead with technology. Not being flexible and being unable to adapt to the changes was the reason why two of the biggest mobile phone companies fell down. Yes, you are right, we are talking about Nokia and Blackberry. So in this article, we have listed the 10 largest companies in the world and they can surely teach you the business strategies and well if you are a job seeker then you might want to navigate to their website to search for the open opportunities.
Listed below are the top 13 companies in the world:
The Industrial and Commercial Bank of China tops the list of largest companies in the world. Founded in 1984, this is the largest bank in the world, with total assets of CN¥22.210 trillion (2015) and profit of CN¥277.131 billion (2015).
2. China Construction Bank
On the second spot in this list is the China Construction Bank, which is the second largest bank in the world. It has a whopping assets value of $ 2449.5 billion and market value of $ 174.4 billion. Additionally, it makes a huge profit of $ 34.2 billion.
3. Berkshire Hathaway
Berkshire Hathaway is another American company to make it on the list of top 10 companies in the world. This huge company has some big names under its list of subsidiaries, including Dairy Queen, NetJets, Heinz, Mars, and GEICO, to name just a few. It has assets worth $ 493.4 billion and profits of $ 19.5 billion.
4. J P Morgan Chase & Co
Featuring next on this list is a US-based company called JP Morgan Chase & Co, which is the largest bank in the country. Its establishment took place as a result of a merger between JP Morgan & Co and Chase Manhattan Corporation in 2000. The asset value of the company is $ 2435.3 billion and its profits are $ 17.3 billion.
5. Wells Fargo & Company
Wells Fargo & Company is on no 8, with assets valued at $ 1543 billion and profit of $ 21.9 billion. This banking and finance company is based in San Francisco, California and is one of the largest banks in the USA.
6. Agricultural Bank of China
The third rank in the list of top 10 companies in the world is occupied by the Agricultural Bank of China, which makes a profit of $ 27 billion, along with the asset value of $ 2405.4 billion and amarket capitalization of $ 141.1 billion. It was established in 1951 and today is solidly positioned among the “Big Four” banks in the country.
7. Bank of America
Bank of America is one of the largest banks in the United States of America. In addition to this, the bank has amarket cap of over USD 231.88 Billion. The bank has centers across the world and it is surely leading the banking industry on innovation index.
8. Bank of China
Featuring next on the list is Bank of China, which is among the Big Four banks of China, making a profit of $ 25.5 billion and having assets worth $ 2291.8 billion. It is also the oldest bank in the country, which was established way back in 1912.
Apple is one of the known brands and it is here in this list because of the products. At present, the market cap of the brand is over USD 752 Billion and Apple is sitting on a huge cash pile which Apple plans to invest on research and development of new products.
10. Toyota Motors
Toyota Motors is an Automobile Brand which has its headquarters in Japan. The company went through a tough time after its manufacturing units were impacted after thetsunami in Japan. The company rose again and today, the market cap of the brand is over USD 171 Billion.
11. Exxon Mobil
The next name on this list is another US-based oil and gas company called Exxon Mobil, which was founded in 1999 as a result of a merger between Exxon and Mobil. The assets of this company werevalued at $ 346.8 billion while its profit was $ 32.6 billion.
12. General Electric
General Electric is another US company, which lies at no 7 on this list. This company is popularly known as GE and it company deals in energy, infrastructure, consumer goods, industrial goods and capital finance. Its assets value is $ 656.6 billion and profits are $ 14.8 billion.
PetroChina comes on no 10 in the list of top 10 companies in the world. This biggest oil and gas company in China has net assets valued at $ 386.9 billion and profit of $21.1 billion.
Some other leading companies in the world are Toyota Motor, Royal Dutch Shell, Apple, HSBC Holdings and Bank of America.