Asia’s Top Valued Companies 2011

in China

The list of top valuable companies in Asian in 2011 has been compiled and worldwide unveiled. According to CNBC, Asian countries have been suffering from continuously devastating nature disasters and changes in oil prices which shapely result in the list. Here are ten top valuable firms in Asia.

 

PetroChina

PetroChina, which was found in 1999, is the largest oil company in China by sale and revenues. The giant PetroChina owns a range of 18,000 branded service stations which distribute to $329.6 billion of market cap and income of $222 billion in 2010. Needless to say, the 1st rank is positively affected by rising global oil prices.


PetroChina

PetroChina

 

Industrial & Commercial Bank of China


The second position comes to Industrial & Commercial Bank of China (ICBC). Reportedly, ICBC earned $25 billion of profit last year and has largest market cap.

The second position comes to Industrial & Commercial Bank of China (ICBC). Reportedly, ICBC earned $25 billion of profit last year and has the largest market cap.

 

China Construction Bank


Thanks to the loan expansion in financial crisis, Construction Bank – the country’s second-largest bank, boasted a value of 15 percent over the last year.

Thanks to the loan expansion in financial crisis, Construction Bank – the country’s second-largest bank, boasted a value of 15 percent over the last year.

 

China Mobile


Over the past year, users of China Mobile grow up to individually 600 million which brought back $48 billion in cash in 2011.

Over the past year, users of China Mobile grow up to individually 600 million which brought back $48 billion in cash in 2011.

 

BHP Billiton


BHP Billiton is the global resources company which increased the market cap by 11 percent over the last year.

BHP Billiton is the global resources company which increased the market cap by 11 percent over the last year.

 

Bank of China


Bank of China is the fourth - largest lender and largest foreign exchange bank in China

Bank of China is the fourth-largest lender and largest foreign exchange bank in China

 

Agricultural Bank of China


Agbank earns profit of $22.1 billion from Hong Kong and Shanghai which dramatically turned it into the biggest IPO in history.

Agbank earns profit of $22.1 billion from Hong Kong and Shanghai which dramatically turned it into the biggest IPO in history.

 

Toyota Motor


Despite the March 11 earthquake struck which caused 11 lost percent in Toyota Motor’s value, the company still sits in 8th position of the list.

Despite the March 11 earthquake struck which caused 11 lost percent in Toyota Motor’s value, the company still sits in the 8th position of the list.

 

Samsung Electronics


Samsung is the most valuable company in South Korea. The company was founded in 1969 in Daegu, South Korea and still remains as a family affair.

Samsung is the most valuable company in South Korea. The company was founded in 1969 in Daegu, South Korea and still remains as a family affair.

 

CNOOC


CNOOC is the top offshore oil producer in China. The company earns more than 40 percent in market value over the past year

CNOOC is the top offshore oil producer in China. The company earns more than 40 percent in market value over the past year

 

 

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Elizabeth Woods has 378 articles online and 9 fans

Economics is the study of our lives,our jobs, our homes, our families and the little decisions we face every day. Thus, I am keen on reading and studying economic issues.

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Asia’s Top Valued Companies 2011

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This article was published on 2011/04/25