State-owned Enterprises (SOEs) are companies whose controlling shareholder is the government of a country or a related state institution. The largest SOE as of 2020, was the Industrial and Commercial Bank of China - alongside the China Construction Bank and the Agricultural Bank of China, these make up the three largest government controlled businesses in the world. SOEs commonly operate in sectors where there is a natural monopoly, such as in the transportation and energy sectors, or in areas which the public authorities deem government intervention essential, such as in housing credit - although many Chinese businesses appear on this list due to its unique socialist market economy.
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Yahoo, & Insider Monkey. (February 21, 2022). Total assets and revenue of the most valuable State-owned Enterprises (SOEs) worldwide as of 2020 (in trillions of U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1339182/state-owned-enterprise-most-valuable/
Yahoo, und Insider Monkey. "Total assets and revenue of the most valuable State-owned Enterprises (SOEs) worldwide as of 2020 (in trillions of U.S. dollars)." Chart. February 21, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1339182/state-owned-enterprise-most-valuable/
Yahoo, Insider Monkey. (2022). Total assets and revenue of the most valuable State-owned Enterprises (SOEs) worldwide as of 2020 (in trillions of U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1339182/state-owned-enterprise-most-valuable/
Yahoo, and Insider Monkey. "Total Assets and Revenue of The Most Valuable State-owned Enterprises (Soes) Worldwide as of 2020 (in Trillions of U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Feb 2022, /statistics/1339182/state-owned-enterprise-most-valuable/
Yahoo & Insider Monkey, Total assets and revenue of the most valuable State-owned Enterprises (SOEs) worldwide as of 2020 (in trillions of U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1339182/state-owned-enterprise-most-valuable/ (last visited July 21, 2026)
Total assets and revenue of the most valuable State-owned Enterprises (SOEs) worldwide as of 2020 (in trillions of U.S. dollars) [Graph], Yahoo, & Insider Monkey, February 21, 2022. [Online]. Available: /statistics/1339182/state-owned-enterprise-most-valuable/
