No, it's not Apple or Samsung! 6 Biggest Public Companies in the world


BENGALURU: When it comes to big public companies, mostly we think about their value and worth in billions. But how many billions are we really talking about? How much does it take to build some of the biggest public companies? Few have a clue, according to humaura.com.

sdIndustrial and Commercial Bank of China (ICBC):
Sales: $116.8 Bn
Profits: $44.8 Bn
Assets: $3,322 Bn
Market Value: $ 278.3 Bn

ICBC is a Chinese multinational banking company and the largest bank in the world. It is one of China's 'Big Four' state-owned commercial banks. The bank was founded as a limited company on January 1, 1984. As of March 2014, it had assets of U.S. $3.32 trillion.

sdChina Construction Bank (CCB):
Sales: $130.5 Bn
Profits: $37 Bn
Assets: $2,698.9 Bn
Market Value: $212.9 Bn

China Construction Bank is one of the ‘Big Four’ state owned commercial banks same as ICBC Bank. Its headquarters is in Xicheng District, Beijing. In 2015, the CCB was the 5th largest bank in the world by market capitalization, and the 6th largest company in the world. The bank has approximately 13,629 domestic branches.

In addition, it maintains overseas branches in Frankfurt, Luxembourg, Hong Kong, Johannesburg, New York, Seoul, Singapore, Tokyo, Melbourne, Sydney and Auckland, and a wholly owned subsidiary in London. Its total assets reached CN¥ 8.7 trillion in 2009.

sdAgricultural Bank Of China (ABC):
Sales: $129.2 Bn
Profits: $29.1 Bn
Assets: $2,574.8 Bn
Market Value: $189.9 Bn

The Agricultural Bank of China was founded in 1951 and it’s headquartered in Dongcheng District, Beijing. ABC has 320 million retail customers, 2.7 million corporate clients, and nearly 24,000 branches. It is China's third largest lender by assets. ABC went public in mid-2010, fetching the world's biggest ever initial public offering (IPO) at the time, since overtaken by another Chinese company, Alibaba.

As of 2011, it ranks 8th among the Top 1000 World Banks, meanwhile Forbes Global 2000 named it the 25th-largest public company in the world. In 2014, it ranks 3rd in Forbes 11th annual Global 2000 ranking of the biggest, most powerful and most valuable companies in the world.

sdBank Of China:
Sales: $120.3 Bn
Profits: $27.5 Bn
Assets: $2,458.3 Bn
Market Value: $199.1 Bn

Bank Of China is one of the 5 biggest state owned commercial banks in china. It was founded in 1912 by the Republican government to replace the Imperial Bank of China and is the oldest bank in mainland China still in existence. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China.

sdBerkshire Hathaway (U.S.A):
Sales: $194.7 Bn
Profits: $19.9 Bn
Assets: $534.6 Bn
Market Value: $354.8 Bn

Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Berkshire Hathaway averaged an annual growth in book value of 19.7 pct to its shareholders for the last 49 years, while employing large amounts of capital and minimal debt. The company is known for its control and leadership by Warren Buffett, who is the company's Chairman of the Board, President, and Chief Executive Officer, and Charlie Munger, the company's Vice-Chairman of the Board of Directors.

In the early part of Buffett's career at Berkshire, he focused on long-term investments in publicly traded companies, but more recently he more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroad, home furnishings, encyclopedias, and manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms and several regional electric and gas utilities.

sdJPMorgan Chase & Co.:
Sales: $97.8 Bn
Profits: $21.2 Bn
Assets: $2,593.6 Bn
Market Value: $225.5 Bn

JPMorgan Chase & Co. is an American multinational banking and financial services holding company headquartered in New York City. It is the largest bank in the United States and the world's fifth largest bank by total assets with total assets of U.S. $2.6 trillion. It is a major provider of financial services and according to Forbes magazine is the world's third largest public company based on a composite ranking. The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States.

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