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This list comprises the largest companies currently in Asia by revenue and market cap as of 2024.
| | This article needs additional citations for verification .(January 2024) |
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 | ||||||
| 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 | Taiwan |
| 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 |  India |
| 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 | India |
| 15 | HDFC Bank | Banking | 152.69 | India |
| 16 | Bank of China | Banking | 150.71 | China |
| 17 | China Construction Bank | Banking | 148.88 | China |
| 18 | Sony | Technology | 114.35 | Japan |
| 19 | Mitsubishi UFJ Financial Group | Finance | 104.13 | Japan |
| 20 | Keyence | Technology | 103.01 | Japan |
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies.
The Forbes 500 was an annual listing of the top 500 American companies, produced by Forbes magazine. The list was calculated by combining five factors: sales, profits, assets, market value, and employees. The list was last issued in March 2003 ; it is no longer calculated each year and has been replaced by the Forbes Global 2000, which includes non-U.S. companies but is calculated on a similar basis as the old Forbes 500.
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by Forbes magazine. "The Global 2000" annual ranking is assembled by Forbes using a weighted assessment of four metrics: sales, profit, assets and market value. The list has been published annually since 2003.
The FT Global 500 is an annual snapshot of the world's largest companies to show how corporate fortunes have changed in the past year, highlighting relative performance of countries and sectors. The companies are ranked by market capitalization. The greater the stock market value of a company, the higher its ranking. Market cap is the share price multiplied by the number of shares issued.
The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.