State Power Investment

G500 2017—State Power Investment
People visit the stand of State Power Investment Corp (SPIC) during an exhibition in Beijing, China, 6 April 2016. State Power Investment Corp (SPIC), one of the top five power generators in China, is in exclusive talks with Latin America Power to acquire the latter's Chilean asset for $325-$400 million, Reuters reports. Latin America Power has more than 300 megawatts of wind power and hydropower assets in Chile and Peru, among which over 250 megawatts is located in Chile, including two large wind farms near Chile's capital Santiago.Wu changqing—Imaginechina/AP
  • Previous Rank
    342
  • Revenues ($M)
    29493
  • Revenue Percent Change
    -3.7
  • Profits ($M)
    436.6
  • Profits Percent Change
    50.9
  • Assets ($M)
    126068
  • Employees
    127343

Company Information

CEOWang Binghua
SectorEnergy
IndustryEnergy
HQ LocationBeijing, China
Websitewww.spic.com.cn
Years on Global 500 List6
Employees127,343

Key Financials (Last Fiscal Year)

Revenues ($M)$29,493
Profits ($M)$436.6
Assets ($M)$126,068
Total Stockholder Equity ($M)$8,477

Profit Ratios

Profit as % of Revenues1.5%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity5.2%