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.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp289.4b

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.

Indonesian Tobacco

Market Cap: Rp178.7b

Manufactures and sells cigarettes and tobacco products in Indonesia.

Betonjaya Manunggal

Market Cap: Rp246.2b

Manufactures round bar in Indonesia.

Multi Prima Sejahtera

Market Cap: Rp165.8b

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

Indofood Sukses Makmur

Market Cap: Rp54.7t

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

Cita Mineral Investindo

Market Cap: Rp11.0t

Engages in bauxite mining activities in Indonesia.

Citra Tubindo

Market Cap: Rp4.6t

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

Bank CIMB Niaga

Market Cap: Rp38.3t

Provides various banking products and services in Indonesia and internationally.

Surya Citra Media

Market Cap: Rp12.3t

Provides multimedia services in Indonesia.

Kalbe Farma

Market Cap: Rp32.8t

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

Alakasa Industrindo

Market Cap: Rp312.2b

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

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp10.9t

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

Formosa Ingredient Factory

Market Cap: Rp393.0b

Produces and sells beverage ingredients in Indonesia and internationally.

Darya-Varia Laboratoria

Market Cap: Rp1.7t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Cahaya Aero Services

Market Cap: Rp3.5t

Provides cargo and ground handling services in Indonesia.

Panca Global Kapital

Market Cap: Rp283.3b

Engages in the securities brokerage and underwriting services in Indonesia.

Merry Riana Edukasi

Market Cap: Rp110.8b

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

Mark Dynamics Indonesia

Market Cap: Rp3.0t

Manufactures and sells porcelain former products in Indonesia and internationally.

Bank Jago

Market Cap: Rp13.4t

Provides banking products and services in Indonesia.

Bank Ganesha

Market Cap: Rp2.4t

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

Klinko Karya Imaji

Market Cap: Rp132.1b

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

Kokoh Exa Nusantara

Market Cap: Rp361.8b

Engages in the construction and real estate 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.

Benteng Api Technic

Market Cap: Rp244.0b

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

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading business in Indonesia.

Danasupra Erapacific

Market Cap: Rp78.4b

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

Global Sukses Digital

Market Cap: Rp219.1b

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

Indo Straits

Market Cap: Rp159.5b

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

Vale Indonesia

Market Cap: Rp45.0t

Engages in the mining and processing of nickel in Indonesia.

Buana Artha Anugerah

Market Cap: Rp1.5t

Engages in the provision of asset management services in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp5.7t

Operates as a securities company in Indonesia.

Suparma

Market Cap: Rp816.0b

Manufactures and sells paper and related paper products 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: Rp18.4t

Manufactures and distributes paints and building materials in Indonesia.