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Global 500

Brent Lewin — Bloomberg via Getty Images

465

China COSCO Shipping

China

CEO

Xu Lirong

Sector

Transportation

Industry

Shipping

HQ Location

Shanghai, China

Employees

82,708

Years on Global 500 List

9

Government owned 50% or more. Merged with China Shipping (Group) and changed name from China Ocean Shipping (Group), Feb. 1, 2016.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$22,965-16.4%
Profits ($M)$1,145111.3%
Assets ($M)$55,642
Total Stockholder Equity ($M)$19,076
Profit Ratios
Profit as % of Revenues5.0%
Profits as % of Assets2.1%
Profits as % of Stockholder Equity6.0%