2011

ranking

2010

ranking

Company

name

Revenues

(billion $)

Country

Up by

271

306

Korea Electric Power

34.11

Republic of Korea

35

272

307

Bharat Petroleum

34.10

India

35

276

313

China Huaneng Group

33.68

China

37

279

314

Hebei Iron & Steel Group

33.55

China

35

289

371

People's Insurance Co. of China

32.58

China

82

292

282

State Bank of India

32.45

India

-10

293

356

Shenhua Group

32.45

China

63

297

315

China Metallurgical Group

32.08

China

18

298

256

Sberbank

32.07

Russia

-42

307

496

JBS

31.28

Brazil

189

311

330

Aviation Industry Corp. of China

31.01

China

19

320

382

Jardine Matheson

30.05

China

62

321

358

Hanwha

30.04

Republic of Korea

37

326

-

Shougang Group

29.18

China

N/A

328

383

Ping An Insurance

28.93

China

55

331

436

Aluminum Corp. of China

28.87

China

105

333

316

Samsung Life Insurance

28.77

Republic of Korea

-17

336

354

Hindustan Petroleum

28.59

India

18

340

431

Compal Electronics

28.17

China

91

341

428

Wuhan Iron & Steel

28.17

China

87

342

460

Sistema

28.10

Russia

118

343

-

China Post Group

28.09

China

N/A

346

395

China Resources

27.82

China

49

350

434

Cpc

27.57

China

84

352

397

Huawei Technologies

27.36

China

45

354

352

Sinosteel

27.27

China

-2

359

442

Tata Motors

27.05

India

83

360

117

Itaúsa-Investimentos Itaú

26.98

Brazil

-243

361

413

Oil & Natural Gas

26.94

India

52

362

302

Hutchison Whampoa

26.93

China

-60

366

312

Cofco

26.47

China

-54

367

415

Jiangsu Shagang Group

26.39

China

48

370

410

Tata Steel

26.06

India

40

371

368

China United Network Communications

26.03

China

-3

375

412

China Datang

25.92

China

37

398

440

Bank of Communications

24.26

China

42

399

-

China Ocean Shipping

24.25

China

N/A

400

471

Ultrapar Holdings

24.14

Brazil

71

405

477

China Guodian

24.02

China

72

408

-

China Electronics

23.76

China

N/A

410

452

Formosa Petrochemical

23.73

China

42

430

-

China Railway Materials Commercial

22.63

China

N/A

431

-

China National Aviation Fuel Group

22.63

China

N/A

435

-

Sinomach

22.49

China

N/A

440

-

LG Display

22.07

Republic of Korea

N/A

446

-

Henan Coal & Chemical

21.71

China

N/A

450

-

Lenovo Group

21.59

China

N/A

458

-

Jizhong Energy Group

21.26

China

N/A

463

-

China Shipbuilding Industry

21.05

China

N/A

467

-

China Pacific Insurance (Group)

20.88

China

N/A

475

-

Chemchina

20.72

China

N/A

483

-

CFE

20.14

Mexico

N/A

484

-

Zhejiang Materials Industry Group

20.00

China

N/A

485

-

China National Building Materials Group

20.00

China

N/A

487

487

Acer

19.98

China

0

489

-

Doosan

19.94

Republic of Korea

N/A

492

-

Samsung C&T

19.77

Republic of Korea

N/A

496

-

Surgutneftegas

19.66

Russia

N/A

498

-

Korea Gas

19.56

Republic of Korea

N/A

500

-

Wistron

19.54

China

N/A