Is the listed company stable or the state-owned enterprise stable?

According to China Travel's inquiry, state-owned enterprises are stable. Com, the work of state-owned enterprises is relatively stable, but the income is not high, while the income of listed companies is relatively high, but unstable. A listed company is a specific part of a company limited by shares. Public offering of shares has reached a considerable scale, and its shares have been approved to enter the centralized securities trading market according to law.