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2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Largest companies in China by revenue

Revenue is total net sales for the fiscal year, taken from each company's own annual filing. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–82 of 82 · Fiscal year 2025 · Data as of September 25, 2026

JD.com (JD) tops the list with $187B in revenue for fiscal 2025, ahead of Baidu ($18.5B) and Universe Pharmaceuticals ($17.9B). The top 10 together report $313B in revenue; the gap between #1 and #10 is ×26.61. 82 companies in China report revenue, 2.9% of the 2853-filer universe. The last place on the list, Ridgetech, comes in at $132M.

Revenue
#CompanyRevenueYoY15-year trend
1JD.comJDCNConsumer discretionary$187B+17.9%
2BaiduBIDUCNTechnology$18.5B+1.2%
3Universe PharmaceuticalsUPCCNHealthcare$17.9B−22.4%
4NetEaseNTESCNTechnology$16.1B+11.6%
5Li AutoLICNConsumer discretionary$16.1B−18.8%
6Vipshop HoldingsVIPSCNConsumer discretionary$15.1B+2.0%
7Ke HoldingsBEKECNReal estate$13.5B+5.6%
8NIONIOCNConsumer discretionary$12.5B+38.9%
9Jinkosolar HoldingJKSCNTechnology$9.4B−25.9%
10Luckin CoffeeLKNCYCNConsumer discretionary$7.0B+48.9%
11ZTO Express (Cayman)ZTOCNIndustrials$7.0B+15.7%
12New Oriental Education & TechnologyEDUCNConsumer discretionary$5.7B+15.5%
13BilibiliBILICNTechnology$4.3B+18.1%
14IqiyiIQCNCommunication services$3.9B−2.5%
15H WorldHTHTCNConsumer discretionary$3.6B+10.5%
16Dingdong (Cayman)DDLCNConsumer discretionary$3.5B+10.2%
17Tal EducationTALCNConsumer discretionary$3.0B+33.7%
18Futu HoldingsFUTUCNFinancials$2.9B+67.8%
19Qfin HoldingsQFINCNFinancials$2.7B+16.8%
20Finvolution GroupFINVCNFinancials$1.9B+8.4%
21Lexinfintech HoldingsLXCNFinancials$1.9B−3.3%
22Chagee HoldingsCHACNConsumer discretionary$1.8B—
23111YICNHealthcare$1.8B−9.0%
24Full Truck AllianceYMMCNTechnology$1.8B+16.0%
25WeiboWBCNTechnology$1.8B+0.1%
26Hello GroupMOMOCNTechnology$1.5B+2.4%
27BaozunBZUNCNConsumer discretionary$1.4B+10.2%
28Atour LifestyleATATCNConsumer discretionary$1.4B+41.0%
29Kingsoft CloudKCCNTechnology$1.4B+28.2%
30KanzhunBZCNTechnology$1.2B+17.3%
31X FinancialXYFCNFinancials$1.1B+35.8%
32HuyaHUYACNTechnology$930M+11.6%
33AutohomeATHMCNTechnology$923M−4.3%
34Jiayin GroupJFINCNFinancials$890M+12.0%
35Gaotu TecheduGOTUCNConsumer discretionary$879M+40.9%
36Ecarx HoldingsECXCNTechnology$848M+9.9%
37YoudaoDAOCNConsumer discretionary$845M+9.6%
38Himax TechnologiesHIMXCNTechnology$832M−8.2%
39Yiren DigitalYRDCNFinancials$818M+2.8%
40Texxon HoldingNPTCNIndustrials$797M+18.5%
41China Automotive SystemsCAASCNConsumer discretionary$766M+17.6%
42Daqo New EnergyDQCNTechnology$665M−35.3%
43Niu TechnologiesNIUCNConsumer discretionary$616M+36.7%
44Yatsen HoldingYSGCNConsumer staples$615M+32.2%
45Up FintechTIGRCNFinancials$612M+56.3%
46Sohu.comSOHUCNTechnology$584M−2.4%
47Shengfeng DevelopmentSFWLCNIndustrials$572M+13.6%
48BingexFLXCNIndustrials$571M−6.7%
49WaterdropWDHCNFinancials$569M+49.8%
50RLX TechnologyRLXCNConsumer staples$566M+50.3%
51Douyu InternationalDOYUCNTechnology$546M−6.7%
52Lotus TechnologyLOTCNConsumer discretionary$519M−43.8%
53UxinUXINCNTechnology$463M+143.3%
54XunleiXNETCNTechnology$460M+42.5%
55Zai LabZLABCNHealthcare$460M+15.3%
56Hesai GroupHSAICNIndustrials$433M+52.1%
57ZhihuZHCNTechnology$393M−20.3%
58Sinovac BiotechSVACNHealthcare$386M+6.8%
59Here GroupHERECNConsumer discretionary$380M−27.1%
60Noah HoldingsNOAHCNFinancials$373M+4.8%
61QuhuoQHCNTechnology$361M−13.5%
62Viomi TechnologyVIOTCNConsumer discretionary$347M+19.6%
63TuyaTUYACNTechnology$322M+7.8%
64Sunlands TechnologySTGCNConsumer discretionary$289M+5.9%
65Youlife GroupYOULCNConsumer discretionary$265M—
66Zepp HealthZEPPCNTechnology$259M+41.8%
67Huize HoldingHUIZCNFinancials$226M+32.2%
68So-Young InternationalSYCNTechnology$218M+8.4%
69Cbak Energy TechnologyCBATCNTechnology$195M+10.5%
70Iczoom GroupIZMCNConsumer discretionary$187M+5.1%
71Scienjoy HoldingSJCNTechnology$178M−4.9%
72Jowell GlobalJWELCNConsumer discretionary$165M+24.1%
73Cheetah MobileCMCMCNTechnology$165M+48.8%
74LZ TechnologyLZMHCNTechnology$161M+43.2%
75Greentree HospitalityGHGCNConsumer discretionary$157M−14.7%
76Planet Image InternationalYIBOCNTechnology$155M+3.6%
77SosSOSCNFinancials$154M−33.3%
78Lucas GCLGCLCNTechnology$149M+2.3%
79Cheer HoldingCHRCNTechnology$149M+1.1%
80Jianpu TechnologyAIJTYCNTechnology$140M+1.5%
81Wing Yip Food HoldingsWYHGCNConsumer staples$135M−6.5%
82RidgetechRDGTCNHealthcare$132M+10.2%

All figures from SEC filings · FY2025 · 82

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-companies-in-china-by-revenue">Largest companies in China by revenue</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

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{{cite web |title=Largest companies in China by revenue |url=https://companiesranked.com/en/largest-companies-in-china-by-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest companies in China by revenue. CompaniesRanked. https://companiesranked.com/en/largest-companies-in-china-by-revenue

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@misc{companiesranked-en-largest-companies-in-china-by-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest companies in China by revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-companies-in-china-by-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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