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.

Avia Avian

Market Cap: Rp27.8t

Manufactures and distributes paints and building materials in Indonesia.

Vale Indonesia

Market Cap: Rp40.7t

Engages in the mining and processing of nickel in Indonesia.

Danasupra Erapacific

Market Cap: Rp115.6b

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

HATTEN BALI

Market Cap: Rp542.0b

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

Segar Kumala Indonesia

Market Cap: Rp1.4t

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

Betonjaya Manunggal

Market Cap: Rp279.4b

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

Citra Tubindo

Market Cap: Rp4.2t

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

Elnusa

Market Cap: Rp3.8t

Provides oil and gas services in Indonesia.

Alamtri Minerals Indonesia

Market Cap: Rp54.0t

Engages in metallurgical coal mining business in Indonesia.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp276.5b

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.

Multi Prima Sejahtera

Market Cap: Rp194.7b

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

Indonesian Tobacco

Market Cap: Rp391.3b

Manufactures and sells cigarettes and tobacco products in Indonesia.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Alakasa Industrindo

Market Cap: Rp181.7b

Through its subsidiaries, operates in the aluminum industry in Indonesia.

Bank Ganesha

Market Cap: Rp2.9t

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

Bank CIMB Niaga

Market Cap: Rp44.8t

Provides various banking products and services in Indonesia and internationally.

Bank Syariah Indonesia

Market Cap: Rp110.7t

Provides various commercial banking products and services in Indonesia.

Resource Alam Indonesia

Market Cap: Rp1.6t

Engages in the coal mining business in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp65.4t

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

Prima Andalan Mandiri

Market Cap: Rp13.6t

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

Merry Riana Edukasi

Market Cap: Rp254.4b

Operates self development learning center.

Bakrie & Brothers

Market Cap: Rp7.8t

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

Panca Global Kapital

Market Cap: Rp487.3b

Engages in the brokerage and underwriting services in Indonesia.

Indo Straits

Market Cap: Rp225.6b

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

Pool Advista Finance

Market Cap: Rp124.0b

Operates as a financing company in Indonesia.

Cita Mineral Investindo

Market Cap: Rp16.6t

Engages in bauxite mining activities in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.9t

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

Arwana Citramulia

Market Cap: Rp3.8t

Manufactures and distributes ceramic tiles in Indonesia.

Suparma

Market Cap: Rp1.1t

Manufactures and sells paper and related paper products in Indonesia.

Abadi Nusantara Hijau Investama

Market Cap: Rp4.2t

Provides flexible packaging products for digital printing industry in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells hand former products in Indonesia and internationally.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp16.2t

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