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.

Kedoya Adyaraya

Market Cap: Rp911.1b

Owns and operates hospitals in Indonesia.

Indosterling Technomedia

Market Cap: Rp62.8b

PT Indosterling Technomedia TBK engages in information technology (IT) and digital sectors that serves business-to-business markets in Indonesia.

Fimperkasa Utama

Market Cap: Rp27.6b

Engages in the construction service business in Indonesia.

Citra Tubindo

Market Cap: Rp4.2t

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

Bank Danamon Indonesia

Market Cap: Rp24.8t

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

Panca Global Kapital

Market Cap: Rp348.5b

Engages in the brokerage and underwriting services in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp2.6t

Manufactures and sells hand former products in Indonesia and internationally.

Indo Straits

Market Cap: Rp226.7b

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

Digital Mediatama Maxima

Market Cap: Rp2.6t

Operates an integrated marketing platform.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp16.7t

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

Cita Mineral Investindo

Market Cap: Rp17.3t

Engages in bauxite mining activities in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp62.3t

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

Danasupra Erapacific

Market Cap: Rp115.6b

Engages in leasing, factoring, and consumer financing activities in Indonesia.

HATTEN BALI

Market Cap: Rp533.9b

Engages in the production and sale of grape wine in Indonesia.

Betonjaya Manunggal

Market Cap: Rp279.4b

Engages in the manufacturing and sale of round bars in Indonesia.

Segar Kumala Indonesia

Market Cap: Rp1.4t

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

Avia Avian

Market Cap: Rp26.5t

Manufactures and distributes paints and building materials in Indonesia.

Vale Indonesia

Market Cap: Rp44.7t

Engages in the mining and processing of nickel in Indonesia.

Alamtri Minerals Indonesia

Market Cap: Rp54.8t

Engages in metallurgical coal mining business in Indonesia.

Elnusa

Market Cap: Rp3.9t

Provides oil and gas services in Indonesia.

Kalbe Farma

Market Cap: Rp56.0t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Aesler Grup Internasional

Market Cap: Rp5.3t

Provides architectural and construction management services in Indonesia.

Prima Andalan Mandiri

Market Cap: Rp13.4t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Bakrie & Brothers

Market Cap: Rp8.2t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

PT. Media Nusantara Citra

Market Cap: Rp3.5t

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

Bank Jago

Market Cap: Rp28.0t

Provides banking products and services for small and medium enterprises in Indonesia.

Bank Mandiri (Persero)

Market Cap: Rp443.3t

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

Cahaya Aero Services

Market Cap: Rp5.8t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Bank Ganesha

Market Cap: Rp2.8t

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

Tembaga Mulia Semanan

Market Cap: Rp1.0t

Manufactures, sells, and exports copper and aluminum rods and wires in Indonesia and internationally.

Formosa Ingredient Factory

Market Cap: Rp224.2b

Produces and sells tapioca pearl, syrup, sauces, powder, and jellies in Indonesia and internationally.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp287.3b

Designs, manufactures, and erects boilers in Indonesia, Cameroon, the Republic of Cote D'Ivoire, Papua New Guinea, Nigeria, Liberia, Malaysia, and Sao Tome and Principe.

Darya-Varia Laboratoria

Market Cap: Rp1.9t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Bank CIMB Niaga

Market Cap: Rp43.6t

Provides various banking products and services in Indonesia and internationally.

Bank Syariah Indonesia

Market Cap: Rp114.9t

Provides various commercial banking products and services in Indonesia.