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.

PINAGO UTAMA

Market Cap: Rp2.7t

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

Bank Danamon Indonesia

Market Cap: Rp38.8t

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 Ganesha

Market Cap: Rp2.3t

Provides various general banking products and services for individuals and businesses in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.5t

Engages in the coal mining and trading business in Indonesia.

Kokoh Exa Nusantara

Market Cap: Rp361.8b

Engages in the construction and real estate business in Indonesia.

Klinko Karya Imaji

Market Cap: Rp132.1b

Produces and sells cleaning products containing recycled textile waste materials in Indonesia and internationally.

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Formosa Ingredient Factory

Market Cap: Rp328.2b

Produces and sells beverage ingredients in Indonesia and internationally.

Mayora Indah

Market Cap: Rp36.5t

Engages in the manufacture and sale of food and beverage products in Indonesia, the rest of Asia, and internationally.

PT. Media Nusantara Citra

Market Cap: Rp2.7t

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

Multi Prima Sejahtera

Market Cap: Rp161.5b

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

Benteng Api Technic

Market Cap: Rp232.1b

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

Elnusa

Market Cap: Rp4.3t

Provides oil and gas services in Indonesia.

Merry Riana Edukasi

Market Cap: Rp105.6b

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

Suparma

Market Cap: Rp795.5b

Manufactures and sells paper and related paper products in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp381.4t

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.

Pool Advista Finance

Market Cap: Rp170.9b

Operates as a financing company in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.4t

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

Avia Avian

Market Cap: Rp18.2t

Manufactures and distributes paints and building materials in Indonesia.

Citra Tubindo

Market Cap: Rp5.1t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Danasupra Erapacific

Market Cap: Rp65.6b

Through its subsidiaries, engages in the film production and postproduction, and advertising activities in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp54.4t

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

Bank CIMB Niaga

Market Cap: Rp38.2t

Provides various banking products and services in Indonesia and internationally.

Cita Mineral Investindo

Market Cap: Rp10.9t

Engages in bauxite mining activities in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells porcelain former products in Indonesia and internationally.

Bank Jago

Market Cap: Rp13.0t

Provides banking products and services in Indonesia.

Panca Global Kapital

Market Cap: Rp300.3b

Engages in the securities brokerage and underwriting services in Indonesia.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp267.8b

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: Rp240.5b

Manufactures round bar in Indonesia.

Indonesian Tobacco

Market Cap: Rp178.7b

Manufactures and sells cigarettes and tobacco products in Indonesia.

Kalbe Farma

Market Cap: Rp31.9t

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

Surya Citra Media

Market Cap: Rp13.2t

Provides multimedia services in Indonesia.