Indonesian Low Leverage High Rewards

Tigaraksa Satria

Market Cap: Rp4.5t

Engages in the trade and distribution of various consumer products in Indonesia.

Bank Negara Indonesia (Persero)

Market Cap: Rp171.0t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Selamat Sempurna

Market Cap: Rp10.1t

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

Enseval Putera Megatrading

Market Cap: Rp6.3t

Engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other products in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Kalbe Farma

Market Cap: Rp52.1t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Darya-Varia Laboratoria

Market Cap: Rp1.9t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Arwana Citramulia

Market Cap: Rp3.7t

Manufactures and distributes ceramic tiles in Indonesia.

Asuransi Dayin Mitra

Market Cap: Rp240.0b

Provides general insurance products and services in Indonesia.

Bank Central Asia

Market Cap: Rp941.0t

Provides commercial banking and other financial services.

Kabelindo Murni

Market Cap: Rp371.8b

Manufactures electrical and telecommunication cables in Indonesia.

United Tractors

Market Cap: Rp95.1t

Provides coal mining services in Indonesia.

AKR Corporindo

Market Cap: Rp26.2t

A logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products in Indonesia.

Tempo Scan Pacific

Market Cap: Rp12.3t

Engages in the pharmaceuticals, personal care and cosmetics, and distribution services businesses in Indonesia and internationally.

Astra International

Market Cap: Rp275.3t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Aspirasi Hidup Indonesia

Market Cap: Rp6.8t

Engages in the retail of home improvement products in Indonesia.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp7.9t

Engages in the plantation business in Indonesia and internationally.

Perusahaan Gas Negara

Market Cap: Rp52.4t

Engages in the transmission and distribution of natural gas in Indonesia.

Multifiling Mitra Indonesia

Market Cap: Rp984.9b

Provides integrated storage and record management services in Indonesia.

Betonjaya Manunggal

Market Cap: Rp283.7b

Engages in the manufacturing of round bar in Indonesia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp341.8t

Provides information and communications technology, and telecommunications network services worldwide.

Elnusa

Market Cap: Rp5.3t

Provides oil and gas services in Indonesia.

Ateliers Mecaniques D'Indonesie

Market Cap: Rp295.9b

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.

Bank CIMB Niaga

Market Cap: Rp45.4t

Provides various banking products and services in Indonesia and internationally.

Citra Tubindo

Market Cap: Rp4.8t

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

PINAGO UTAMA

Market Cap: Rp2.4t

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

Ekadharma International

Market Cap: Rp646.4b

Engages in manufacturing and sale of self adhesive tapes and related supplementary materials in Indonesia and Malaysia.

Blue Bird

Market Cap: Rp4.2t

Provides taxi transportation services in Indonesia.

Salim Ivomas Pratama

Market Cap: Rp8.7t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Trisula International

Market Cap: Rp568.5b

Designs and manufactures garments in Indonesia.

Prodia Widyahusada

Market Cap: Rp2.1t

Provides clinical laboratory services primarily in Indonesia.

Nusantara Sejahtera Raya

Market Cap: Rp9.0t

Engages in the movie screening, restaurants; other management consulting activities; and venue rental; and organizing MICE activities and special events in Indonesia.

Pakuwon Jati

Market Cap: Rp17.6t

Operates as a real estate developer in Indonesia.

Astra Otoparts

Market Cap: Rp12.5t

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

Jasuindo Tiga Perkasa

Market Cap: Rp4.4t

Operates in the security printing industry in Indonesia.

Ciputra Development

Market Cap: Rp16.0t

Develops and sells real estate properties in Indonesia.