Grant Thornton China

Name

Grant Thornton China

Legal name

Grant Thornton Zhitong Certified Public Accountants LLP

Website

https://grantthornton.cn

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Audit Services: Statutory annual financial statements audit, corporate restructuring and IPO audit, Hong Kong companies audit, IFRS and US GAAP audit, special M&A audit, internal control audit, and final accounts audit for basic construction projects.
2. Tax Services: 5A-rated tax firm providing comprehensive tax solutions including tax management advisory, transaction tax services, international tax services, Hong Kong tax services, transfer pricing services, and tax compliance review.
3. Advisory Services: Management advisory, strategy advisory, business process solutions, risk management, IT advisory, forensic investigation, financing and M&A advisory, restructuring services, financial advisory and transaction support services.
4. Evaluation and Valuation Services: Asset evaluation and valuation advisory for individual assets, asset portfolios, enterprise value, financial equity, asset losses, and other economic rights and obligations.
5. Project Management / Cost Management Services: Comprehensive project advisory services including investment advisory, bidding agency, survey, design, supervision, cost management, and professional advisory across all project phases.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Grant Thornton China is a professional services firm delivering audit, tax, advisory, evaluation and valuation, project management, ESG, capital markets, cross-border, state-owned enterprise reform, and data governance services to enterprise clients. The firm operates 29 offices across China and serves listed companies, state-owned enterprises, foreign-invested enterprises, and Chinese companies expanding internationally, leveraging its membership in the Grant Thornton International network of 150 markets.

Product overview

Grant Thornton China is a leading professional services firm offering an integrated portfolio of services including Audit, Tax, Advisory, Evaluation and Valuation, and Project Management. The firm operates as a single unified professional services practice with specialized teams across 29 offices in China. Core service lines include Audit Services (statutory audits, IPO audits, internal control audits), Tax Services (tax management advisory, transfer pricing, compliance), Advisory Services (management, strategy, IT, M&A advisory), Evaluation and Valuation, Project Management, ESG and Sustainable Development, Capital Market Services, Cross-border Services, State-owned Enterprise Reform, Data Governance, and Greater Bay Area specialized solutions. The firm is a member of Grant Thornton International spanning 150 markets worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit Services High-quality audit services including statutory annual financial statement audits, corporate restructuring and IPO audits, Hong Kong company audits, IFRS and US GAAP audits, internal control audits, and final accounts audits for Chinese and international enterprises.
• Tax Services Full-spectrum tax services including tax management advisory, transaction tax, transfer pricing services, Hong Kong tax services, personal income tax planning, and outsourced tax compliance services. Recognized as a 5A-rated tax firm by CCTAA.
• Advisory Services International-standard advisory services including management advisory, strategy advisory, business process solutions, risk management, IT advisory, forensic investigation, financing and M&A advisory, and transaction support services.
• Evaluation and Valuation Services Professional evaluation services for overall value and assets including corporate mergers and sales, financing and bond issuance valuations, data asset valuation advisory, and feasibility studies.
• Project Management Services Comprehensive engineering project management advisory services spanning the entire project lifecycle, including investment advisory, bidding agency, cost management, BIM advisory services, and full-process engineering consultancy.
• ESG and Sustainable Development Services Environmental, Social and Governance services including ESG report assurance, strategy advisory, risk management, data disclosure advisory, ESG tax services, and green finance solutions.
• Capital Market Services Capital market services including asset reorganization, IPO, bond issuance, Real Estate Investment Trusts (REITs), Hong Kong stock market services, and overseas market services.
• Cross-border Services Cross-border expansion services including overseas investment, financing, M&A, greenfield investment, project contracting, and cross-border operation support, leveraging Global China Business Groups and Belt and Road Working Group.
• State-owned Enterprise Reform Services Comprehensive reform services for state-owned enterprises including mixed-ownership reform strategy advisory, restructuring and reorganization, audit and assurance, and compliance consulting.
• Data Governance and Application Services Data governance services including data asset governance framework based on DAMA standards, gap analysis, framework planning, data quality improvement, and data asset operation management.
• Greater Bay Area Service Solutions Ten specialized service solutions for the Guangdong-Hong Kong-Macao Greater Bay Area including cross-border services, capital markets, ESG and green finance, government services, SOE services, and data governance.

Quantifiable outcome

• Over 200 successful IPO projects
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered flagship and core.

• Grant Thornton International (GTIL)flagshipStrategic or Co-development Partner · 1 January 2009Member firm of Grant Thornton International, a leading global network spanning 150 markets with 80,000 people. This membership enables Grant Thornton China to provide local professional support for Chinese companies with cross-border needs through extensive network resources.
• Net Zero Financial Service Providers Alliance (NZFSPA)coreStrategic or Co-development PartnerFounding member of NZFSPA, an industry alliance under the Glasgow-based Net Zero Finance Alliance (GFANZ). Grant Thornton monitors global ESG developments in real time through this membership.
• Data Management Association (DAMA)coreTechnology or IntegrationGrant Thornton China has developed its data asset governance framework based on the DAMA system defined by the International Data Management Association.
• China Cost Engineering Association (CCEA)coreStrategic or Co-development PartnerProject Management Service team has received the highest level recognition from CCEA in the field of project cost advisory.
• Beijing Construction Engineering Bidding and Cost Association (BCEBCA)coreStrategic or Co-development PartnerProject team holds Grade A qualification for project cost advisory and '5A' grade from BCEBCA.
• China Association of Tax AgentscoreStrategic or Co-development PartnerAAAAA tax firm recognised by the China Association of Tax Agents, demonstrating highest level of professional standards.
• State Financial Regulatory AdministrationcoreStrategic or Co-development PartnerCollaborates with the State Financial Regulatory Administration (formerly China Banking and Insurance Regulatory Commission) and other financial regulators to provide green financial solutions to financial institutions.
• Public Company Accounting Oversight Board (PCAOB)coreStrategic or Co-development PartnerRegistered member of PCAOB. One of select few accounting firms that can sign audit reports of enterprises registered in China and listed in the United States.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Deloitte China: Chinese member firm of Deloitte Touche Tohmatsu, providing audit, tax, consulting, financial advisory, and risk management services. Directly competes with Grant Thornton China for large-enterprise, SOE, and Fortune 500 mandates across China.
• PwC China: Chinese member firm of PwC, one of the Big Four offering audit, tax, and advisory services in mainland China and Hong Kong. Competes head-to-head with Grant Thornton China for listed company, IPO, and SOE engagements.
• KPMG China: Chinese member firm of KPMG, offering audit, tax, and advisory services with strong SOE and state-sector exposure. Closely comparable to Grant Thornton China in service mix and enterprise client focus.
• Baker Tilly China: Chinese member firm of Baker Tilly International, providing audit, tax, and advisory services. Competes in the same mid-tier segment targeting mid-market enterprises and cross-border Chinese companies.
• BDO China: Chinese member firm of BDO Global, the largest mid-tier accounting network. Most direct positioning competitor to Grant Thornton China in the mid-market and large-enterprise audit/tax/advisory segment in China.
• Crowe China: Chinese operations of Crowe Global, an international accounting network. Competes directly with Grant Thornton China for audit, tax, and advisory engagements from multinationals, listed companies, and private enterprises in China.
• Mazars China: Chinese operations of Mazars, an international audit, tax, and advisory firm. Comparable as a mid-tier international network member firm competing in the same enterprise audit and advisory segments in China.
• Ernst & Young (EY) China: Chinese operations of EY, providing audit, tax, transaction, and consulting services. Comparable in service breadth, listed-company client base, and PCAOB-registered capabilities to Grant Thornton China.
• RSM China: Chinese presence of RSM International, a major mid-tier accounting network. Competes with Grant Thornton China for middle-market and large-company audit, tax, and consulting engagements across China.

Emerging players

• Protiviti China: Risk consulting and internal audit firm with presence in China, affiliated with Robert Half. Closely overlaps with Grant Thornton China's risk management, IT advisory, and forensic investigation service lines though narrower in audit and tax.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grant-thornton-china

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grant Thornton China