Indonesian Automobiles Strong Balance Sheet Stocks

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.

Multi Prima Sejahtera

Market Cap: Rp190.4b

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

Indo Kordsa

Market Cap: Rp2.6t

Engages in the manufacture, marketing, and sale of tire cord fabrics, yarn filaments, nylon tire cord, and raw materials of polyester in Indonesia, Thailand, the United States, Japan, Korea, India, Vietnam, Hungary, Malaysia, Brazil, Vietnam, China, South Africa, and internationally.

Astra Otoparts

Market Cap: Rp10.1t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, rest of Asia, the Middle East, the United States, Europe, and Africa.

Selamat Sempurna

Market Cap: Rp10.7t

Manufactures and sells tools or equipment for vehicles, heavy equipment, and other machinery in Indonesia and internationally.

Dharma Polimetal

Market Cap: Rp4.7t

Through its subsidiaries, manufactures and sells automotive components for motorcycles and cars in Indonesia.

Goodyear Indonesia

Market Cap: Rp498.2b

Manufactures, imports, exports, and distributes tyres for automobiles, and airplanes and related components in Indonesia.

PT. Gajah Tunggal

Market Cap: Rp3.9t

Produces and distributes tires for passenger cars, SUVs, commercial vehicles, off-the-road vehicles, industrial vehicles, and motorcycles under the GT Radial, Giti, Gajah Tunggal, IRC, and Zeneos brands.

PT. Anugerah Spareparts Sejahtera

Market Cap: Rp34.2b

Manufactures and sells oil, fuel, air, and cabin air filters for automobiles under the AEGIS brand name in Indonesia and internationally.

Indospring

Market Cap: Rp1.7t

Manufactures and sells leaf and coil springs to the automotive industry.