Fortune China 500 list released: BYD stays top in autos, Geely swings to loss

Industry
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Summary · why it matters

The 2026 Fortune China 500 list has been unveiled. The 36 companies in the vehicles and parts sector reported combined revenue of 940.21 billion US dollars for 2025, up 2.95 percent year on year, with total net profit of 29.15 billion US dollars, a jump of nearly 40 percent. BYD led the auto industry with revenue of 111.85 billion US dollars, ranking 26th overall, up one spot from 2025, and was the only automaker in the sector to surpass 100 billion US dollars in revenue. SAIC Motor ranked second in the industry with revenue of 91.3 billion US dollars, placing 36th overall, while net profit surged 507.1 percent to 1.41 billion US dollars. Geely Group came third with revenue of 87.87 billion US dollars, ranking 39th overall, but net profit fell 207.4 percent year on year to a loss of 897 million US dollars. Xiaomi ranked fifth among auto companies with revenue of 63.62 billion US dollars, placing 58th overall, and its smart electric vehicle business revenue exceeded 100 billion yuan for the first time. Leapmotor jumped 151 spots to 272nd place, making it one of the biggest risers among auto companies.

Impact on stocks 6

Electrification & Mobility± Mixed · 3 stocks
Xiaomi Corp
1810
▲ PositiveDemandrelevance

Smart EV business revenue exceeded 100 billion yuan for the first time.

Others▲ · 3 stocks
BYD Co Ltd Class A
002594
▲ PositiveCapitalrelevance

Revenue of $111.85 billion, up one spot to 26th overall, only automaker above $100B.

Theme Impact 1

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