Best Rank
Four Chinese banks won the top spots on this year’s Forbes Global 2,000 list – the Industrial and Commercial Bank of China, China Construction Bank, the Agricultural Bank of China, and the Bank of China. They were followed by Berkshire Hathaway, JP Morgan Chase, Exxon Mobil, PetroChina, General Electric, and Wells Fargo.
The 13th Global 2,000 list is based on the size of sales, net profits, assets, and market capitalization. Samsung Electronics ranked 18th, and 65 more Korean companies followed, so Korea ranked fifth in the number of entries by country.
The Industrial and Commercial Bank of China retained the top spot for the third consecutive year by ranking second in net profits and first in asset size. The Bank of China climbed five notches to fourth.
Apple took 12th place by recording the highest market value, even though it ranked 114th in terms of asset size. Microsoft, Google, and IBM came in 25th, 39th, and 44th, respectively. Alibaba took 269th place while Facebook ranked 280th.
Samsung Electronics climbed four notches this year and was followed by Hyundai Motor Company (117th), Korea Electric Power Corporation (171st), Shinhan Financial Group (279th), and Hyundai Mobis (298th).
A total of 579 American companies were found on the list along with 232 Chinese, 218 Japanese, and 95 British.