Indonesian Strong Balance Sheet Stocks

Solusi Bangun Indonesia

Market Cap: Rp7.0t

Engages in the production and distribution of cement, ready-mixed concrete, and aggregates in Indonesia and internationally.

Fimperkasa Utama

Market Cap: Rp27.6b

Engages in the construction service business in Indonesia.

Global Sukses Digital

Market Cap: Rp222.5b

Engages in the retail trade of photographic equipment and accessories in Indonesia.

Cita Mineral Investindo

Market Cap: Rp11.1t

Engages in bauxite mining activities in Indonesia.

Indo Straits

Market Cap: Rp155.1b

Together with its subsidiary, provides integrated marine engineering and logistics support services primarily in Indonesia.

Buana Artha Anugerah

Market Cap: Rp1.5t

Engages in the provision of asset management services in Indonesia.

Vale Indonesia

Market Cap: Rp48.0t

Engages in the mining and processing of nickel in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading business in Indonesia.

Bank Danamon Indonesia

Market Cap: Rp37.9t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Multi Hanna Kreasindo

Market Cap: Rp472.5b

Engages in the industrial waste management business in Indonesia.

Bank CIMB Niaga

Market Cap: Rp38.8t

Provides various banking products and services in Indonesia and internationally.

Formosa Ingredient Factory

Market Cap: Rp346.7b

Produces and sells beverage ingredients in Indonesia and internationally.

PINAGO UTAMA

Market Cap: Rp2.7t

PT PINAGO UTAMA Tbk is involved in the oil palm and rubber plantation business in Indonesia.

Benteng Api Technic

Market Cap: Rp250.0b

Engages in manufacturing, trading, engineering, and construction business in Indonesia.

Multi Prima Sejahtera

Market Cap: Rp163.2b

Manufactures and markets spark plugs and auto parts under the Champion brand in Indonesia and internationally.

Merry Riana Edukasi

Market Cap: Rp108.7b

Operates educational institution and self-development centre for Kids and Teens in Indonesia.

Bank Jago

Market Cap: Rp13.4t

Provides banking products and services in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp3.0t

Manufactures and sells porcelain former products in Indonesia and internationally.

Panca Global Kapital

Market Cap: Rp291.8b

Engages in the securities brokerage and underwriting services in Indonesia.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp293.8b

Engages in the design, manufacture, and erection of boilers in Indonesia, Cameroon, Nigeria, Congo, the Republic of Cote d'Ivoire, Papua New Guinea, Malaysia, Liberia, and Sao Tome and Principe.

Betonjaya Manunggal

Market Cap: Rp249.1b

Manufactures round bar in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.5t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Suparma

Market Cap: Rp807.8b

Manufactures and sells paper and related paper products in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp397.2t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Segar Kumala Indonesia

Market Cap: Rp1.0t

Engages in the trading of fruits and frozen chicken in Indonesia.

PT. Media Nusantara Citra

Market Cap: Rp2.9t

Operates as an integrated media company that produces and distributes various content on television and other platforms in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp54.9t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Surya Citra Media

Market Cap: Rp12.7t

Provides multimedia services in Indonesia.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp11.0t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Cahaya Aero Services

Market Cap: Rp3.5t

Provides cargo and ground handling services in Indonesia.

Alakasa Industrindo

Market Cap: Rp309.7b

Through its subsidiaries, offers aluminium and metal fabrication products for automotive, train, energy, plantation, green house structure, furniture, and other projects in Indonesia.

Kokoh Exa Nusantara

Market Cap: Rp375.2b

Engages in the construction and real estate business in Indonesia.

HATTEN BALI

Market Cap: Rp390.2b

Produces and sells wine in Indonesia.

Avia Avian

Market Cap: Rp18.1t

Manufactures and distributes paints and building materials in Indonesia.

Kalbe Farma

Market Cap: Rp31.9t

Engages in the development, manufacture, and trading of pharmaceutical products in Indonesia.