This list comprises the largest companies currently in Asia by revenue and market cap as of 2024.
Below are the 30 largest companies by revenue in 2023 (mostly for fiscal year 2022) according to the Fortune Global 500.[1]
Rank | Name | Industry | Revenue | Profit | Employees | Headquarters | |
---|---|---|---|---|---|---|---|
USD millions< | -- millions is correct, comma is thousands separator, not decimal mark. 100,000 million = 100 billion --> | ||||||
1 | Saudi Aramco | Oil and gas | $603,651 | $159,069 | 70,496 | Saudi Arabia | |
2 | State Grid Corporation of China | Electricity | $530,009 | $8,192 | 870,287 | China | |
3 | China National Petroleum Corporation | Oil and gas | $483,019 | $21,080 | 1,087,049 | China | |
4 | China Petrochemical Corporation | Oil and gas | $471,154 | $9,657 | 527,487 | China | |
5 | Trafigura | Commodities | $318,476 | $6,994 | 12,347 | Singapore | |
6 | China State Construction Engineering | Construction | $305,885 | $4,234 | 382,492 | China | |
7 | Toyota | Automotive | $274,491 | $18,110 | 375,235 | Japan | |
8 | Samsung Electronics | Electronics | $234,129 | $42,398 | 270,372 | South Korea | |
9 | Foxconn | Electronics | $222,535 | $4,751 | 767,062 | Taiwan | |
10 | Industrial and Commercial Bank of China | Financials | $214,766 | $53,589 | 427,587 | China | |
11 | China Construction Bank | Financials | $202,753 | $48,145 | 376,682 | China | |
12 | Agricultural Bank of China | Financials | $187,061 | $38,524 | 452,258 | China | |
13 | Ping An Insurance | Financials | $181,566 | $12,454 | 344,223 | China | |
14 | Sinochem | Chemicals | $173,834 | –$1 | 220,760 | China | |
15 | China Railway Engineering Corporation | Construction | $171,669 | $2,035 | 314,792 | China | |
16 | China National Offshore Oil Corporation | Oil and gas | $164,762 | $16,988 | 81,775 | China | |
17 | China Railway Construction Corporation | Construction | $163,037 | $1,800 | 342,098 | China | |
18 | Baowu | Steel | $161,698 | $2,493 | 245,675 | China | |
19 | Mitsubishi Group | Conglomerate | $159,371 | $8,723 | 79,706 | Japan | |
20 | JD.com | E-commerce | $155,533 | $1,543 | 450,679 | China | |
21 | China Life Insurance Company | Insurance | $151,487 | $6,859 | 180,619 | China | |
22 | China Mobile | Telecommunications | $139,597 | $14,718 | 452,202 | China | |
23 | China Minmetals | Mining | $133,541 | $877 | 183,298 | China | |
24 | Alibaba Group | Technology | $129,059 | $10,625 | 235,216 | China | |
25 | Xiamen C & D | Logistics | $125,971 | $454 | 40,959 | China | |
26 | Honda Motor | Automotive | $124,912 | $4,813 | 197,039 | Japan | |
27 | Shandong Energy | Mining | $124,089 | $33 | 232,841 | China | |
28 | China Resources | Conglomerate | $121,643 | $4,662 | 379,944 | China | |
29 | China Energy Investment | Energy | $121,427 | $5,699 | 310,753 | China | |
30 | China Southern Power Grid | Electricity | $113,674 | $1,516 | 271,202 | China |
Below are the 20 largest companies in Asia by market capitalization as of 5th January 2024.[2]
Rank | Name | Industry | Market capitalization (USD billions) | Headquarters | |
---|---|---|---|---|---|
1 | Saudi Aramco | Oil and gas | 2,083.70 | Saudi Arabia | |
2 | TSMC | Electronics | 481.28 | ||
3 | Samsung Electronics | Electronics | 386.91 | South Korea | |
4 | Tencent | Technology | 355.05 | China | |
5 | Kweichow Moutai | Beverages | 297.91 | China | |
6 | Toyota | Automotive | 251.20 | Japan | |
7 | ICBC | Banking | 223.89 | China | |
8 | Reliance Industries | Conglomerate | 211.76 | ||
9 | PDD Holdings | E-commerce | 201.21 | China | |
10 | Alibaba Group | Technology | 183.48 | China | |
11 | PetroChina Company | Oil and gas | 181.19 | China | |
12 | China Mobile | Telecommunications | 178.24 | China | |
13 | Agricultural Bank of China | Banking | 176.83 | China | |
14 | Tata Consultancy Services | Technology | 162.98 | ||
15 | HDFC Bank | Banking | 152.69 | ||
16 | Bank of China | Banking | 150.71 | China | |
17 | China Construction Bank | Banking | 148.88 | China | |
18 | Sony | Technology | 114.35 | ||
19 | Mitsubishi UFJ Financial Group | Finance | 104.13 | ||
20 | Keyence | Technology | 103.01 |