Most profitable companies in China

Net income is profit after tax and all expenses, as reported in the annual filing. Companies reporting a loss are excluded from this ranking. 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 1–51 of 51 · Fiscal year 2025 · Data as of September 25, 2026

NetEase (NTES) tops the list with $5.0B in net income for fiscal 2025, ahead of JD.com ($3.3B) and Futu Holdings ($1.5B). The top 10 together report $16.1B in net income; the gap between #1 and #10 is ×7.80. 51 companies in China report net income, 2.5% of the 2058-filer universe. The last place on the list, Huize Holding, comes in at $578,000.

Net income
#CompanyNet incomeYoY15-year trend
1NetEaseNTESCNTechnology$5.0B+20.0%
2JD.comJDCNConsumer discretionary$3.3B−45.9%
3Futu HoldingsFUTUCNFinancials$1.5B+107.9%
4ZTO Express (Cayman)ZTOCNIndustrials$1.3B+7.5%
5XunleiXNETCNTechnology$1.0B+86,177.0%
6Vipshop HoldingsVIPSCNConsumer discretionary$1.0B−3.6%
7Qfin HoldingsQFINCNFinancials$855M−0.2%
8BaiduBIDUCNTechnology$799M−75.5%
9H WorldHTHTCNConsumer discretionary$726M+73.7%
10Full Truck AllianceYMMCNTechnology$638M+49.0%
11Tal EducationTALCNConsumer discretionary$531M+527.4%
12Luckin CoffeeLKNCYCNConsumer discretionary$514M+27.9%
13New Oriental Education & TechnologyEDUCNConsumer discretionary$475M+27.8%
14WeiboWBCNTechnology$449M+49.3%
15Ke HoldingsBEKECNReal estate$428M−23.1%
16Sohu.comSOHUCNTechnology$394M+$494M
17KanzhunBZCNTechnology$391M+82.2%
18Finvolution GroupFINVCNFinancials$364M+11.4%
19Lexinfintech HoldingsLXCNFinancials$240M+59.1%
20Atour LifestyleATATCNConsumer discretionary$232M+32.7%
21Jiayin GroupJFINCNFinancials$220M+51.7%
22X FinancialXYFCNFinancials$209M−0.7%
23AutohomeATHMCNTechnology$206M−10.4%
24Up FintechTIGRCNFinancials$171M+179.5%
25BilibiliBILICNTechnology$171M+$357M
26Chagee HoldingsCHACNConsumer discretionary$167M—
27Li AutoLICNConsumer discretionary$163M−85.2%
28RLX TechnologyRLXCNConsumer staples$132M+74.4%
29Hello GroupMOMOCNTechnology$115M−19.0%
30WaterdropWDHCNFinancials$80.8M+68.1%
31Noah HoldingsNOAHCNFinancials$79.9M+22.7%
32Hesai GroupHSAICNIndustrials$62.3M+$76.4M
33TuyaTUYACNTechnology$57.9M+1,058.5%
34Sunlands TechnologySTGCNConsumer discretionary$52.3M+11.6%
35Here GroupHERECNConsumer discretionary$50.1M−5.6%
36Himax TechnologiesHIMXCNTechnology$43.9M−44.9%
37China Automotive SystemsCAASCNConsumer discretionary$42.8M+42.9%
38Dingdong (Cayman)DDLCNConsumer discretionary$33.1M−20.6%
39Cheer HoldingCHRCNTechnology$25.6M−1.3%
40Greentree HospitalityGHGCNConsumer discretionary$23.9M+58.3%
41Viomi TechnologyVIOTCNConsumer discretionary$20.3M+137.7%
42BingexFLXCNIndustrials$15.6M+$35.7M
43YoudaoDAOCNConsumer discretionary$13.9M+34.6%
44Shengfeng DevelopmentSFWLCNIndustrials$11.9M+9.6%
45Wing Yip Food HoldingsWYHGCNConsumer staples$7.9M−29.7%
46Yiren DigitalYRDCNFinancials$7.8M−96.4%
47Youlife GroupYOULCNConsumer discretionary$6.2M—
48Jianpu TechnologyAIJTYCNTechnology$4.6M−68.4%
49Lucas GCLGCLCNTechnology$1.4M−74.3%
50Iczoom GroupIZMCNConsumer discretionary$1.2M+$3.5M
51Huize HoldingHUIZCNFinancials$578,000+$667,000

All figures from SEC filings · FY2025 · 51

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{{cite web |title=Most profitable companies in China |url=https://companiesranked.com/en/most-profitable-companies-in-china |website=CompaniesRanked |date=2026-09-25 |language=en}}

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

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