Core Insights - Southeast Asia, with a population of nearly 700 million, is one of the most dynamic regions in global economic development, with a GDP of approximately $3.97 trillion last year, growing by 4.6% year-on-year [1] - The 2025 Southeast Asia 500 list published by Fortune shows that the revenue threshold for inclusion is $349.4 million, with total revenues of listed companies reaching $1.82 trillion, an increase of 1.7% from the previous year [1][3] Industry Overview - The energy sector, including mining, power generation, and transmission, dominates the revenue landscape, accounting for nearly one-third of total revenues. The financial sector is the second-largest, with banks and financial institutions occupying 13 of the top 20 profit positions [3] - The top 10 companies contributed $660 billion in total revenue, with the top five generating $516 billion, representing 28% of the total revenue of the 500 companies [5][9] Company Performance - The largest company, Trafigura Group, achieved revenues of $243.2 billion, making it the only company on the list to surpass the $100 billion mark. It is a leader in the global oil, gas, metals, and commodities trading sector [9][11] - Singapore-based Sea Group, the largest tech company in Southeast Asia, reported revenues of $16.82 billion, a year-on-year increase of 28.8%, and a net profit of $444.3 million, up 173.1% [5][11] - DBS Group Holdings emerged as the most profitable company in Southeast Asia 500, with a net profit of $8.45 billion, followed by OCBC and UOB, all three being Singaporean banks [7][11] Country Distribution - Indonesia leads with the highest number of companies on the list at 109, followed by Thailand with 100, Malaysia with 92, and Singapore with 81. Vietnam has 76, the Philippines 40, and Cambodia 2 [3] - Singaporean companies generated $637.1 billion in revenue, accounting for over one-third of the total, with the top ten companies dominating the revenue share [3]

Don't look now, but one of the best stocks over the past 18 months has been Sea Limited (SE 0.08%). In fact, since early 2024, the stock has nearly quintupled, up 400%. Sea's trial by (Free) Fire While investors shouldn't expect new all-time highs tomorrow, Sea's trials have made it a stronger company on the other side. Over time, high-quality, "anti-fragile" compounders can go up much more than one might think. Sea boomed during the pandemic, when its mobile gaming, e-commerce, and digital payments busines ...

Sea (SE) Q4 2024 Earnings Call March 04, 2025 07:30 AM ET Company Participants Rebecca Lee - Head of Investor RelationForrest Li - Founder, Chairman & CEOTony Hou - Group CFOSachin Salgaonkar - Managing DirectorThomas Chong - Managing Director Conference Call Participants Pang Vittayaamnuaykoon - AnalystAlicia Yap - AnalystDivya Kothiyal - AnalystPiyush Choudhary - Analyst Operator Good morning and good evening to all, and welcome to the Sea Limited Fourth Quarter and Full Year twenty twenty four Results Co ...