ASEAN’s best companies under $1 billion in revenue

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wood_workersThe small and medium enterprise (SME) sector is lively in ASEAN, as the newest Forbes list of “Asia’s best companies with sales under $1 billion shows. The results are based on databases of 15,000 stock-traded companies in Asia-Pacific.

While China/Hong Kong firms dominate the list with 63 names and Australia, South Korea, Japan and Taiwan are prominently represented, ASEAN SMEs seem to catch up.

Weakness in this SME-sized sector was in evidence where nations failed to gain any representation or, in the case of the otherwise booming Philippines, scored only one.  By contrast, Vietnam, struggling to regain recent economic-growth rates, has 10 names on the list.

Forbes’ methodology uses the following criteria: Five-year average return on equity and pretax margin greater than 10 per cent, positive sales and earnings per share growth for both the most recent fiscal 1 and 3-year periods, debt less than 75 per cent of shareholders’ equity, and a trading history of at least 1 year.

Indonesia

Bumi Serpong Damai (Construction, Sales: $387 million)

Bumitama Agri (Food & Beverages, Sales: $366 million)

Sumareccon Agung (Construction, Sales: $359 million)

Alam Sutera Realty (Construction, Sales: $254 million

Malaysia

JCY International (Technology, Sales: $733 million)

Mudajaya Group (Construction, Sales: $541 million)

Malaysia Building Society (Banking, Sales $397 million)

Hartalega Holdings (Healthcare, Sales: $333 million)

Padini Holdings (Retail, Sales: $228 million)

CB Industrial Product Holdings (Capital goods, Sales: $170 million)

Zhulian (Investments, Sales: $148 million)

 

Silverlake Axis (Software, Sales: $129 million)

Tambun Inda Land (Construction, Sales: $97 million)

Pintaras Jaya (Construction, Sales: 58 million)

Wellcall Holdings (Investments, Sales: $50 million)

Willoglen MSC (Software, Sales: $27 million)

Singapore

First Resources (Food & Beverages, Sales: $585 million)

Super Group (Food & Beverages, Sales: $425 million)

Wee Hur Holdings (Construction, Sales: $381 million)

 

Miclyn Express Offshore (Oil & Gas, Sales: $267 million)

Sino Grandness Food Industry Group (Food & Beverages, Sales: $265 million)

Memstar Technology (Media, Sales: $145 million)

Baker Technologies (Oil & Gas, Sales: $80m million)

Thailand

Robinson Department Store (Retail, Sales: $707 million)

BEC World (Media, Sales: $487 million)

Malee Sampran (Food & Beverages, Sales: $201 million)

Premier Marketing (Food marketing, Sales: $127 million)

Sahamit Machinery (Trading, Sales: $90 million)

Workpint Entertainment (Media, Sales: $70 million)

 

Aikchol Hospital (Health care, Sales: $41 million)

Master Ad (Media, $24 million)

Vietnam

Ninh Hoa Sugar (Food & Beverages, Sales: $45 million)

Vietnam Container Shipping (Transport, Sales: $37 million)

 

National Seed (Food & Beverages, Sales: $26 million)

Dinh Vu Port Investment & Development (Transport, Sales: $23 million)

Dinh Vu Port Investment & Development (Transport, Sales: $23 million)

Vegetable Oil Packing (Materials, Sales: $17 million)

 

Binh Dinh Minerals (Raw materials, Sales: $16 million)

Sea & Air Freight International (Transport, Sales: $16 million)

Pan Pacific (Business Services, Sales: $14 million)

Vegetable Oil Packing (Materials, Sales: $17 million)

 

Philippines

Philweb (Software, Sales: $36 million)

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Reading Time: 2 minutes

The small and medium enterprise (SME) sector is lively in ASEAN, as the newest Forbes list of “Asia’s best companies with sales under $1 billion shows. The results are based on databases of 15,000 stock-traded companies in Asia-Pacific.

Reading Time: 2 minutes

wood_workersThe small and medium enterprise (SME) sector is lively in ASEAN, as the newest Forbes list of “Asia’s best companies with sales under $1 billion shows. The results are based on databases of 15,000 stock-traded companies in Asia-Pacific.

While China/Hong Kong firms dominate the list with 63 names and Australia, South Korea, Japan and Taiwan are prominently represented, ASEAN SMEs seem to catch up.

Weakness in this SME-sized sector was in evidence where nations failed to gain any representation or, in the case of the otherwise booming Philippines, scored only one.  By contrast, Vietnam, struggling to regain recent economic-growth rates, has 10 names on the list.

Forbes’ methodology uses the following criteria: Five-year average return on equity and pretax margin greater than 10 per cent, positive sales and earnings per share growth for both the most recent fiscal 1 and 3-year periods, debt less than 75 per cent of shareholders’ equity, and a trading history of at least 1 year.

Indonesia

Bumi Serpong Damai (Construction, Sales: $387 million)

Bumitama Agri (Food & Beverages, Sales: $366 million)

Sumareccon Agung (Construction, Sales: $359 million)

Alam Sutera Realty (Construction, Sales: $254 million

Malaysia

JCY International (Technology, Sales: $733 million)

Mudajaya Group (Construction, Sales: $541 million)

Malaysia Building Society (Banking, Sales $397 million)

Hartalega Holdings (Healthcare, Sales: $333 million)

Padini Holdings (Retail, Sales: $228 million)

CB Industrial Product Holdings (Capital goods, Sales: $170 million)

Zhulian (Investments, Sales: $148 million)

 

Silverlake Axis (Software, Sales: $129 million)

Tambun Inda Land (Construction, Sales: $97 million)

Pintaras Jaya (Construction, Sales: 58 million)

Wellcall Holdings (Investments, Sales: $50 million)

Willoglen MSC (Software, Sales: $27 million)

Singapore

First Resources (Food & Beverages, Sales: $585 million)

Super Group (Food & Beverages, Sales: $425 million)

Wee Hur Holdings (Construction, Sales: $381 million)

 

Miclyn Express Offshore (Oil & Gas, Sales: $267 million)

Sino Grandness Food Industry Group (Food & Beverages, Sales: $265 million)

Memstar Technology (Media, Sales: $145 million)

Baker Technologies (Oil & Gas, Sales: $80m million)

Thailand

Robinson Department Store (Retail, Sales: $707 million)

BEC World (Media, Sales: $487 million)

Malee Sampran (Food & Beverages, Sales: $201 million)

Premier Marketing (Food marketing, Sales: $127 million)

Sahamit Machinery (Trading, Sales: $90 million)

Workpint Entertainment (Media, Sales: $70 million)

 

Aikchol Hospital (Health care, Sales: $41 million)

Master Ad (Media, $24 million)

Vietnam

Ninh Hoa Sugar (Food & Beverages, Sales: $45 million)

Vietnam Container Shipping (Transport, Sales: $37 million)

 

National Seed (Food & Beverages, Sales: $26 million)

Dinh Vu Port Investment & Development (Transport, Sales: $23 million)

Dinh Vu Port Investment & Development (Transport, Sales: $23 million)

Vegetable Oil Packing (Materials, Sales: $17 million)

 

Binh Dinh Minerals (Raw materials, Sales: $16 million)

Sea & Air Freight International (Transport, Sales: $16 million)

Pan Pacific (Business Services, Sales: $14 million)

Vegetable Oil Packing (Materials, Sales: $17 million)

 

Philippines

Philweb (Software, Sales: $36 million)

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