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Global 500

Courtesy of China Railway Construction

62

China Railway Construction

China

While the pace of domestic railway construction in China ramped up in 2015, this state-owned rail giant has been seizing opportunities overseas. CRCC’s sights are set on Africa for growth, and its active projects in Africa now outnumber those in Asia by 3 to 1. CRCC scored billion-dollar contracts in Nigeria and Zimbabwe last April, in addition to completing Angola’s fastest line last February.

CEO

Meng Fengchao

Sector

Engineering & Construction

Industry

Engineering, Construction

HQ Location

Beijing, China

Employees

284,100

Years on Global 500 List

5

Government owned 50% or more.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$95,652-0.8%
Profits ($M)$1,106-4.2%
Assets ($M)$108,671
Total Stockholder Equity ($M)$9,911
Profit Ratios
Profit as % of Revenues1.2%
Profits as % of Assets1.0%
Profits as % of Stockholder Equity11.2%