Sinochem Holdings
RANK
31
Sinochem Holdings was formed through the merger of Sinochem and ChemChina, finalized in May 2021. The newly created company brought in $172.3 billion in revenue in 2021, ranking at No. 31 on the Fortune Global 500 and making it China’s ninth largest company by revenue. In 2020, Sinochem and ChemChina ranked at No. 151 and No. 161, respectively. Sinochem Holdings operates subsidiaries across multiple sectors, including agrochemicals, oil refinement, life sciences, machinery and equipment, as well as real estate and finance. In June 2022 former Sinochem chief financial officer Andy Yang was appointed to lead a $10 billion IPO of Swiss agrochemicals group and ChemChina subsidiary Syngenta.
Oriental Image via Reuters Connect
Company Information
As of 8/3/2022
Country
China
Headquarters
Beijing
Industry
Chemicals
CEO
Ning Gaoning
Website
Company Type
Private
Ticker
-
Revenues ($M)
$172,260
Profits ($M)
$-198
Market Value ($M)
-
Employees
220,760
Government owned 50% or more. Formed through the merger of ChemChina (2020 rank: 161) and Sinochem (2020 rank: 151), May 8, 2021.
Key Financials (Last Fiscal Year)As of 8/3/2022
($ Millions)
% change
Revenues ($M)
$172,260.3
41.4%
Profits ($M)
$-197.7
-1732%
Assets ($M)
$241,750.2
-
Total Stockholder Equity ($M)
$3,752.6
-
Profit RatiosAs of 8/3/2022
Profit as % of Revenues
-0.1%
Profits as % of Assets
-0.1%
Profits as % of Stockholder Equity
-5.3%
Sinochem Holdings Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | ||||
| 2020 |
Lists ranking Sinochem Holdings
