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: Rp188.7b

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

Indo Kordsa

Market Cap: Rp2.3t

Engages in the manufacture, marketing, and sale of tire cord fabrics, yarn filaments, nylon tire cord, and raw materials of polyester.

Astra Otoparts

Market Cap: Rp11.2t

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.

Goodyear Indonesia

Market Cap: Rp543.3b

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

Dharma Polimetal

Market Cap: Rp4.7t

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

PT. Anugerah Spareparts Sejahtera

Market Cap: Rp49.3b

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

PT. Gajah Tunggal

Market Cap: Rp3.5t

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.

Indospring

Market Cap: Rp1.6t

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

Kirana Megatara

Market Cap: Rp2.4t

Produces and sells crumb rubber in Indonesia.