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Global 500

Wang He—Getty Images

204

China Baowu Steel Group

China

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CEO

Ma Guoqiang

Sector

Materials

Industry

Metals

HQ Location

Shanghai, China

Years on Global 500 List

14

Employees

169,344

Government owned 50% or more. Acquired Wuhan Iron and Steel and changed name from Baosteel Group, Dec. 1, 2016.
China Baowu Steel Group is also featured in these fortune lists
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$46,606-11.5%
Profits ($M)$442.8
Assets ($M)$106,725
Total Stockholder Equity ($M)$35,728
Profit Ratios
Profit as % of Revenues1.0%
Profits as % of Assets0.4%
Profits as % of Stockholder Equity1.2%