Most valuable Asian companies

Top 15 companies of Asia in 2020

In this we are going to discuss the top most valuable Asian companies in 2020. This list only includes publicly traded companies because this way we can provide you with the most accurate and reliable data. And this list based on each company market capitalization not market valuation which is way more complex to measure.

The market capital of the company is simply based on the stock price you multiply the number of shares outstanding by the current price of the single share. But remind that these numbers and positions can change in a moment. 

1- Saudi Aramco

Saudi Aramco is the topmost valuable company in Asia and the current value of Saudi Aramco company is $1.9 trillion. Saudi Aramco is the national gas and petroleum company that went public a few months ago and stunt everyone with his IPO. Saudi Aramco was started back earlier in the 1930s by a small group of travel explorers and quickly become the killer of Saudi Arabia’s economy. However the current leader of the country wants to shifts the source of revenue from oil and gas to new renewable and other revenues.

2- Alibaba

Alibaba is the 2nd most valuable company in Asia with the current value of $600,76 billion. The largest trading platform in China as well as the world is Alibaba. It attracts the eyes of buyers in their products for having both affordable prices and a large variety of goods. This Alibaba company was founded in 1999 by Jack Ma. Alibaba’s specialization in e-commerce and retailers, payment, and internet services. The profit and online market share of this company Alibaba going up day by day.

3- Tencent Holdings

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Tencent Holdings is the 3rd most valuable company in Asia with the current value of $492,43 billion. This Chinese giant founded in 1998 as a venture company and this Tencent company is one of the largest gaming company in the world. Tencent also providing social networking sites, payment modals, mobile games, e-commerce, and multiplayer online games. And the market share, capitalization is growing day by day of this Tencent company.

4- Samsung Electronics

Samsung Electronics is the 4th most valuable company in Asia with the current value of $314,11 billion. Samsung is basically famous for its electronic devices like Mobile phones, TV, LCD, LED, and more product. Founded back in 1938, Samsung has massive glamour specialization in the production of a large variety of consumer and industrial electronics including digital media services, memory chips, semiconductors, and home appliances.

5- Taiwan Semiconductor

Taiwan Semiconductor is the 5th most valuable company in Asia with the current value of $304,68 billion. The world’s largest dedicated and independent semiconductor industry. This company has a great share of semiconductors in a market and Taiwan provided the best and high quality of semiconductors to its customers and this helps Taiwan to grow its profit and market valuation and capitalization.

6- Industrial & commercial bank of China

Industrial & commercial bank of China is the 6th most valuable company in Asia with the current value of $294,67 billion. This one is by far the largest bank in China as well as the world and it is the last bank on our list. Industrial & commercial bank of China is most profitable by his marker capitalization. ICBC strives to achieve a balance between short term and long term benefits as well as between business goals and social responsibilities. To maximize the value for customers, shareholders, and societies.

7- Ping An insurance group

Ping An insurance group is the 7th most valuable company in Asia with the current value of $228,88 billion. A little over thirty years ago Ping has begun its activity as a pure property casual and quickly grew & become the second-largest insurance company in the country. In recent years it has been restructuring intending to becoming the financial company that can handle insurance focused on banking and investments.

8- Toyota motors

Toyota motors are the 8th most valuable company in Asia with the current value of $228,06 billion. Toyota company basically make motors like cars and engines and this company had a great market share in the fields of motors with good market capitalization. Toyota provides a great service and reliability to his customers and this lead to their massive success in the market. Toyota has been around 1937 in the market.

9- China Construction bank

China Construction bank is the 9th most valuable company in Asia with the current value of $219,08 billion. As one of the biggest and oldest banks in our list China Construction bank has a rich history in providing quality services to the public of China as well as to many other countries of the world. After the 2008 global recession, China expands its loan policies that intern the help the bank increase the profits for use and thus the country develops economically.

10- Kweichow Moutai

Kweichow Moutai is the 10th most valuable company in Asia with the current value of $202,76 billion. Leading luxury brands in China, Kweichow Moutai is the most leading brand in China production and sales of China Liquor together with the production of beverages, food, and packaging materials among other things. The production technique of this liquor protected state secret as well as national intentional, cultural heritage of China. And it is the most selling and valuable liquor company in China as well as in Asia.

11- Agricultural bank of China

Agricultural Bank of China is the 11th most valuable company in Asia with the current value of $181,74 billion. Agricultural Bank of China becomes the pillars of China’s economy providing the financial services to his customers both locally and globally.

This Agricultural Bank of China was established in 1951, a few years ago this bank was technically insolvent However the China’s big portion to develop its emerging economy potentially boosted an Agricultural Bank of China to become a major pillar in the banking industry.

12- China Mobile

China Mobile is the 12th most valuable company in Asia and the current value of China Mobile is $174,98 billion. China Mobile has proved itself to be an incredible company that cares for its customers and its employees as well as investors. China Mobile company won top prestigious awards as well as in best a best relations company in Asia also corporate governance award.

With over 900 million users China Mobile is a giant in its field that provides top quality of telecommunication services to his customers. Also developing the economy of China as well continuously growing its market capitalization and profit in China market.

13- Petro China

Petro China is the 13th most valuable company in Asia and the current value of Petro China is $148,51 billion. This company was established in 1999, Petro China has rapidly become a giant especially in exploration, development, production, and sale of crude oil and natural gas as well as in other businesses. Increasing demand and rising global oil prices help this company in the past and expand its market value.

Nowadays by the rapid growth of renewable and constant pressure from the public stop to storing the environment. Petro China provided the services related to the gas and oil have to shift their business focus to prepare for the worst.

14- Bank of China

Bank of China is the 14th most valuable company in Asia and the current value of the Bank of China is $147,63 billion. Being founded back in 1912, the Bank of China is the wealthiest bank in the world and the oldest company on our list. This major bank provides services in personal investment and corporate banking as well as in treasury operations and insurance. Despite raising rates and liquidity. Bank of China reports booming profits and expected to grow its market capitalization as well as increasing profits in 2020.

15- China Merchant Bank

China Merchant bank is the 15th most valuable company in Asia and the current value of China Merchant bank is $138,24 billion. Starting off with the financial institution that offers leading banking services in China as well as abroad. It’s is the best commercial, private, and retail bank of China which proves how dedicated and committed they are to their customer base. The bank operates all the standing banking services together with foreign exchange and gold trading among others.

So these are some top and most valuable companies of Asia in 2020

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