Indonesian Strong Balance Sheet Stocks

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.

Multistrada Arah Sarana

Market Cap: Rp56.9t

Manufactures, distributes, and markets two and four wheeler tires for motor vehicles in Indonesia, the Middle East, Europe, Australia, Africa, Asia, and the United States.

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.

PINAGO UTAMA

Market Cap: Rp1.4t

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

Abadi Nusantara Hijau Investama

Market Cap: Rp4.8t

Provides flexible packaging products for digital printing industry in Indonesia.

Perma Plasindo

Market Cap: Rp250.3b

Through its subsidiaries, manufactures, imports, distributes, and export trades office equipment in Indonesia.

Pool Advista Finance

Market Cap: Rp57.0b

Operates as a financing company in Indonesia.

Fimperkasa Utama

Market Cap: Rp38.4b

Engages in the construction service business in Indonesia.

Era Media Sejahtera

Market Cap: Rp789.4b

Operates as an advertising media company in Indonesia.

Segar Kumala Indonesia

Market Cap: Rp1.7t

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Danasupra Erapacific

Market Cap: Rp983.6b

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

Bakrie & Brothers

Market Cap: Rp5.2t

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

Vale Indonesia

Market Cap: Rp37.8t

Engages in the mining and processing of nickel in Indonesia.

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

Nippon Indosari Corpindo

Market Cap: Rp4.8t

Engages in the bakery and cakes business in Indonesia.

Bank Ganesha

Market Cap: Rp2.0t

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

Mulia Industrindo

Market Cap: Rp1.9t

Manufactures and sells glass in Indonesia, Asia, Australia, Europe, Africa, and the America.

Betonjaya Manunggal

Market Cap: Rp288.0b

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

Ateliers Mecaniques D'Indonesie

Market Cap: Rp181.4b

Designs, manufactures, and erects boilers in Indonesia, Cameroon, the Republic of Cote D'Ivoire, Congo, Nigeria, Liberia, Malaysia, Belgium Sao Tome and Principe, and the Philippines.

Cahaya Aero Services

Market Cap: Rp4.8t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Suparma

Market Cap: Rp857.9b

Manufactures and sells paper and related paper products in Indonesia.

Surya Citra Media

Market Cap: Rp10.1t

Provides multimedia services in Indonesia.

Surya Semesta Internusa

Market Cap: Rp4.6t

Engages in the construction business.

Bank Danamon Indonesia

Market Cap: Rp24.0t

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

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Darya-Varia Laboratoria

Market Cap: Rp1.9t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Arwana Citramulia

Market Cap: Rp4.3t

Manufactures and distributes ceramic tiles in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading activities in Indonesia.

Kalbe Farma

Market Cap: Rp70.7t

Develops, manufactures, and trades in pharmaceutical 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.

Elnusa

Market Cap: Rp3.6t

Provides oil and gas services in Indonesia.

Bank Jago

Market Cap: Rp24.1t

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

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining business in Indonesia.

Multi Prima Sejahtera

Market Cap: Rp190.4b

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