As of February 7, 2025, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED is the most valuable company in Asia, with a market cap of $881 billion. Following it are TENCENT HOLDINGS LIMITED ($490 billion) and INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED ($308 billion).
Which one is the most valuable in Asia by market cap?
This list comprises the biggest companies currently in Asia by market cap in 2024:
Asia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) | $881 billion |
| 2 | TENCENT HOLDINGS LIMITED | $490 billion |
| 3 | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED | $308 billion |
| 4 | TOYOTA MOTOR CORPORATION | $250 billion |
| 5 | SAMSUNG ELECTRONICS CO., LTD. | $248 billion |
| 6 | KWEICHOW MOUTAI CO., LTD. | $244 billion |
| 7 | AGRICULTURAL BANK OF CHINA LIMITED | $238 billion |
| 8 | CHINA MOBILE LIMITED | $213 billion |
| 9 | CHINA CONSTRUCTION BANK CORPORATION | $207 billion |
| 10 | BANK OF CHINA LIMITED | $197 billion |
| 11 | PETROCHINA COMPANY LIMITED | $199 billion |
| 12 | RELIANCE INDUSTRIES LTD | $186 billion |
| 13 | TATA CONSULTANCY SERVICES LTD. | $169 billion |
| 14 | HDFC BANK LIMITED | $152 billion |
| 15 | CATL (CONTEMPORARY AMPEREX TECHNOLOGY) | $152 billion |
| 16 | MITSUBISHI UFJ FINANCIAL GROUP, INC | $146 billion |
| 17 | SONY GROUP CORPORATION | $140 billion |
| 18 | CHINA MERCHANTS BANK CO., LTD. | $139 billion |
| 19 | XIAOMI CORPORATION | $130 billion |
| 20 | CHINA LIFE INSURANCE COMPANY LIMITED | $129 billion |
| 21 | HITACHI, LTD. | $123 billion |
| 22 | CNOOC LIMITED | $119 billion |
| 23 | MEITUAN INC. | $114 billion |
| 24 | PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. | $116 billion |
| 25 | BHARTI AIRTEL LIMITED | $111 billion |
| 26 | BYD COMPANY LIMITED | $122 billion |
| 27 | RECRUIT HOLDINGS CO., LTD | $106 billion |
| 28 | ICICI BANK LIMITED | $103 billion |
| 29 | CHINA SHENHUA ENERGY COMPANY LIMITED | $102 billion |
| 30 | KEYENCE CORPORATION | $100 billion |
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