Global 500

Rank
259
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China National Building Material Group

China construction materials SOEs start merger
--FILE--The logo of CNBM(China National Building Materials Group) is seen in front of the headquarters of CNBM in Beijing, China, 2 March 2015. Two state-owned building materials providers have started merger preparations in the latest consolidation of China's state-owned enterprises (SOEs). The Assets Supervision and Administration Commission on Monday(22 August 2016) announced the reorganization of the China National Building Materials Group Corporation (CNBM) and China National Materials Group Corporation Ltd (SINOMA) in an online statement. China has started accelerating the reorganization of its SOEs to improve their competitiveness. A merger of two tourism companies was announced in early August.A ling—Imaginechina/AP
  • Previous Rank
    327
  • Revenues ($M)
    39323
  • Revenue Percent Change
    24
  • Profits ($M)
    74.5
  • Profits Percent Change
  • Assets ($M)
    81224
  • Employees
    228448

Company Information

CEOSong Zhiping
SectorMaterials
IndustryBuilding Materials, Glass
HQ LocationBeijing, China
Websitewww.cnbm.com.cn
Years on Global 500 List7
Employees228,448

Key Financials (Last Fiscal Year)

Revenues ($M)$39,323
Profits ($M)$74.5
Assets ($M)$81,224
Total Stockholder Equity ($M)$5,822

Profit Ratios

Profit as % of Revenues0.2%
Profits as % of Assets0.1%
Profits as % of Stockholder Equity1.3%