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This list comprises the largest companies currently in Asia by revenue and market cap as of 2024.

By revenue

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 Saudi Arabia
2 State Grid Corporation of China Electricity $530,009 $8,192 870,287 China China
3 China National Petroleum Corporation Oil and gas $483,019 $21,080 1,087,049 China China
4 China Petrochemical Corporation Oil and gas $471,154 $9,657 527,487 China China
5 Trafigura Commodities $318,476 $6,994 12,347 Singapore Singapore
6 China State Construction Engineering Construction $305,885 $4,234 382,492 China China
7 Toyota Automotive $274,491 $18,110 375,235 Japan Japan
8 Samsung Electronics Electronics $234,129 $42,398 270,372 South Korea South Korea
9 Foxconn Electronics $222,535 $4,751 767,062 Taiwan Taiwan
10 Industrial and Commercial Bank of China Financials $214,766 $53,589 427,587 China China
11 China Construction Bank Financials $202,753 $48,145 376,682 China China
12 Agricultural Bank of China Financials $187,061 $38,524 452,258 China China
13 Ping An Insurance Financials $181,566 $12,454 344,223 China China
14 Sinochem Chemicals $173,834 –$1 220,760 China China
15 China Railway Engineering Corporation Construction $171,669 $2,035 314,792 China China
16 China National Offshore Oil Corporation Oil and gas $164,762 $16,988 81,775 China China
17 China Railway Construction Corporation Construction $163,037 $1,800 342,098 China China
18 Baowu Steel $161,698 $2,493 245,675 China China
19 Mitsubishi Group Conglomerate $159,371 $8,723 79,706 Japan Japan
20 JD.com E-commerce $155,533 $1,543 450,679 China China
21 China Life Insurance Company Insurance $151,487 $6,859 180,619 China China
22 China Mobile Telecommunications $139,597 $14,718 452,202 China China
23 China Minmetals Mining $133,541 $877 183,298 China China
24 Alibaba Group Technology $129,059 $10,625 235,216 China China
25 Xiamen C & D Logistics $125,971 $454 40,959 China China
26 Honda Motor Automotive $124,912 $4,813 197,039 Japan Japan
27 Shandong Energy Mining $124,089 $33 232,841 China China
28 China Resources Conglomerate $121,643 $4,662 379,944 China China
29 China Energy Investment Energy $121,427 $5,699 310,753 China China
30 China Southern Power Grid Electricity $113,674 $1,516 271,202 China China

By market value

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 Saudi Arabia
2 TSMC Electronics 481.28   Taiwan
3 Samsung Electronics Electronics 386.91 South Korea South Korea
4 Tencent Technology 355.05 China China
5 Kweichow Moutai Beverages 297.91 China China
6 Toyota Automotive 251.20 Japan Japan
7 ICBC Banking 223.89 China China
8 Reliance Industries Conglomerate 211.76   India
9 PDD Holdings E-commerce 201.21 China China
10 Alibaba Group Technology 183.48 China China
11 PetroChina Company Oil and gas 181.19 China China
12 China Mobile Telecommunications 178.24 China China
13 Agricultural Bank of China Banking 176.83 China China
14 Tata Consultancy Services Technology 162.98   India
15 HDFC Bank Banking 152.69   India
16 Bank of China Banking 150.71 China China
17 China Construction Bank Banking 148.88 China China
18 Sony Technology 114.35   Japan
19 Mitsubishi UFJ Financial Group Finance 104.13   Japan
20 Keyence Technology 103.01   Japan

See also

References

  1. ^ "Global 500". Fortune. Retrieved 2024-01-28.
  2. ^ "Asia Top 1,000 Companies by Market Cap in 2024". www.value.today. Retrieved 2024-01-28.
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