5 Biggest Utility Companies in the World

3. China Yangtze Power (SSE:600900)

 Market Cap As of June 17: $79.91B

China Yangtze Power Co Ltd (SSE:600900) is a renewable energy utilities company which offers energy distribution, sales, urban water supply, sewage treatment and recycled water services to the nearly 360 million inhabitants of Central China (Hubei, Hunan, Henan, Jiangxi and Chongqing), East China (Shanghai, Jiangsu, Zhejiang and Anhui) and the Guangdong Province. The company is a component of the SSE 180 Index, with a controlling share held by China Three Gorges Corporation (CTG), a state-owned enterprise under State-Owned Assets Supervision and Administration Commission of the State Council. China Yangtze Power Co. Ltd. (SSE:600900) operates three gorges hydro-power station, namely the Xiangjiaba, Gezhouba, and Xiluodu projects, generating 192kWh power annually.

China Yangtze Power Co Ltd.’s (SSE:600900) business category comprises domestic business, international business, power distribution and selling business and capital operation, including hydropower consultancy services to Germany, Pakistan, Portugal, and Malaysia, to name a few. China Yangtze, NextEra Energy (NYSE:NEE), Reliance Industries Limited (NSE:RELIANCE) and Shell plc (NYSE:SHEL), is facing a huge demand amid rising economic activity.

Headquartered in Beijing, China Yangtze Power (SSE:600900) employs nearly 5000 workers and was able to secure an annual revenue of $8.4 billion in the fiscal year of 2020, which was a 15.9% increase from the previous year. According to Forbes, the company’s total assets are worth more than $51.9 billion and with a profit-to-equity ratio of nearly 19.52, it sells electricity via one of the largest utilities companies in the world by revenue, the State Grid Corporation of China.