Largest companies in China by total assets

Total assets is everything the company owns at the balance-sheet date. Banks and insurers dominate this measure because customer deposits and policy reserves sit on their balance sheets. 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 1–75 of 75 · Fiscal year 2025 · Data as of September 25, 2026

JD.com (JD) tops the list with $99.4B in total assets for fiscal 2025, ahead of Baidu ($64.2B) and NetEase ($31.7B). The top 10 together report $323B in total assets; the gap between #1 and #10 is ×8.82. 75 companies in China report total assets, 2.6% of the 2836-filer universe. The last place on the list, Jowell Global, comes in at $21.9M.

Total assets
#CompanyTotal assetsYoY15-year trend
1JD.comJDCNConsumer discretionary$99.4B+3.9%
2BaiduBIDUCNTechnology$64.2B+9.6%
3NetEaseNTESCNTechnology$31.7B+17.9%
4Futu HoldingsFUTUCNFinancials$29.3B+43.6%
5Li AutoLICNConsumer discretionary$22.1B−0.8%
6NIONIOCNConsumer discretionary$17.8B+20.7%
7Jinkosolar HoldingJKSCNTechnology$17.3B+1.2%
8Ke HoldingsBEKECNReal estate$16.7B−8.5%
9ZTO Express (Cayman)ZTOCNIndustrials$13.0B+2.9%
10Vipshop HoldingsVIPSCNConsumer discretionary$11.3B+9.8%
11H WorldHTHTCNConsumer discretionary$9.3B+8.1%
12Sinovac BiotechSVACNHealthcare$8.5B−30.8%
13Up FintechTIGRCNFinancials$8.2B+28.7%
14Qfin HoldingsQFINCNFinancials$8.1B+23.5%
15WeiboWBCNTechnology$7.1B+9.0%
16IqiyiIQCNCommunication services$6.7B+6.5%
17Daqo New EnergyDQCNTechnology$6.4B+0.5%
18Full Truck AllianceYMMCNTechnology$6.3B+12.1%
19BilibiliBILICNTechnology$5.9B+31.4%
20Luckin CoffeeLKNCYCNConsumer discretionary$4.3B+36.6%
21AutohomeATHMCNTechnology$4.0B−2.2%
22Kingsoft CloudKCCNTechnology$3.8B+58.6%
23Finvolution GroupFINVCNFinancials$3.6B+12.4%
24KanzhunBZCNTechnology$3.5B+32.8%
25Lexinfintech HoldingsLXCNFinancials$3.3B+8.7%
26RLX TechnologyRLXCNConsumer staples$2.6B+10.9%
27X FinancialXYFCNFinancials$2.1B+29.5%
28Hello GroupMOMOCNTechnology$2.0B−21.8%
29Lotus TechnologyLOTCNConsumer discretionary$2.0B−14.6%
30Yiren DigitalYRDCNFinancials$1.9B+8.2%
31Himax TechnologiesHIMXCNTechnology$1.7B+5.8%
32Noah HoldingsNOAHCNFinancials$1.7B+4.0%
33Chagee HoldingsCHACNConsumer discretionary$1.6B—
34Sohu.comSOHUCNTechnology$1.6B−5.7%
35XunleiXNETCNTechnology$1.6B+244.4%
36Hesai GroupHSAICNIndustrials$1.6B+96.2%
37BaozunBZUNCNConsumer discretionary$1.4B−0.9%
38Atour LifestyleATATCNConsumer discretionary$1.3B+21.5%
39Jiayin GroupJFINCNFinancials$1.3B+68.9%
40Zai LabZLABCNHealthcare$1.2B−1.1%
41TuyaTUYACNTechnology$1.1B+2.6%
42WaterdropWDHCNFinancials$1.0B+14.8%
43Dingdong (Cayman)DDLCNConsumer discretionary$1.0B+2.9%
44China Automotive SystemsCAASCNConsumer discretionary$1.0B+17.8%
45HuyaHUYACNTechnology$958M−26.9%
46Gaotu TecheduGOTUCNConsumer discretionary$887M+11.0%
47ZhihuZHCNTechnology$742M−5.5%
48Greentree HospitalityGHGCNConsumer discretionary$684M+1.0%
49Cheetah MobileCMCMCNTechnology$670M−11.2%
50Ecarx HoldingsECXCNTechnology$662M+28.8%
51Zepp HealthZEPPCNTechnology$565M+6.9%
52Yatsen HoldingYSGCNConsumer staples$550M+1.1%
53SosSOSCNFinancials$465M−3.6%
54Douyu InternationalDOYUCNTechnology$446M−40.2%
55Cbak Energy TechnologyCBATCNTechnology$426M+41.0%
56Niu TechnologiesNIUCNConsumer discretionary$422M+17.8%
57Cheer HoldingCHRCNTechnology$402M+15.9%
58So-Young InternationalSYCNTechnology$379M+1.1%
59Shengfeng DevelopmentSFWLCNIndustrials$347M+11.9%
60UxinUXINCNTechnology$346M+29.3%
61Viomi TechnologyVIOTCNConsumer discretionary$342M−3.5%
62111YICNHealthcare$315M−17.6%
63Sunlands TechnologySTGCNConsumer discretionary$293M+0.7%
64YoudaoDAOCNConsumer discretionary$282M+13.6%
65Wing Yip Food HoldingsWYHGCNConsumer staples$215M+11.3%
66BingexFLXCNIndustrials$184M+8.9%
67Youlife GroupYOULCNConsumer discretionary$178M—
68Planet Image InternationalYIBOCNTechnology$154M+11.0%
69Huize HoldingHUIZCNFinancials$134M+10.8%
70QuhuoQHCNTechnology$114M−3.9%
71Scienjoy HoldingSJCNTechnology$102M−47.2%
72Jianpu TechnologyAIJTYCNTechnology$82.1M−40.4%
73Lucas GCLGCLCNTechnology$64.9M+17.5%
74LZ TechnologyLZMHCNTechnology$55.8M+33.2%
75Jowell GlobalJWELCNConsumer discretionary$21.9M−15.3%

All figures from SEC filings · FY2025 · 75

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

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

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

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