Indonesian Low Leverage High Rewards

Darya-Varia Laboratoria

Market Cap: Rp1.8t

Manufactures and trades pharmaceutical products and cosmetics in Indonesia.

Bank Negara Indonesia (Persero)

Market Cap: Rp167.3t

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

Selamat Sempurna

Market Cap: Rp11.6t

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

Enseval Putera Megatrading

Market Cap: Rp6.4t

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

Resource Alam Indonesia

Market Cap: Rp1.7t

Engages in the coal mining business in Indonesia.

Kalbe Farma

Market Cap: Rp64.0t

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

Arwana Citramulia

Market Cap: Rp4.1t

Manufactures and distributes ceramic tiles in Indonesia.

Asuransi Dayin Mitra

Market Cap: Rp211.2b

Provides general insurance products and services in Indonesia.

Ekadharma International

Market Cap: Rp649.9b

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

Bank Central Asia

Market Cap: Rp1053.8t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

Astra Otoparts

Market Cap: Rp11.1t

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.

United Tractors

Market Cap: Rp93.7t

Provides coal mining services in Indonesia.

Astra International

Market Cap: Rp227.7t

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

Multifiling Mitra Indonesia

Market Cap: Rp984.9b

Provides integrated storage and record management services in Indonesia.

Multi Prima Sejahtera

Market Cap: Rp177.7b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp321.9t

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

Bank CIMB Niaga

Market Cap: Rp43.4t

Provides various banking products and services in Indonesia and internationally.

Citra Tubindo

Market Cap: Rp4.3t

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

Surya Toto Indonesia

Market Cap: Rp2.6t

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

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp16.1t

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

Tigaraksa Satria

Market Cap: Rp5.5t

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

Elnusa

Market Cap: Rp3.8t

Provides oil and gas services in Indonesia.

Betonjaya Manunggal

Market Cap: Rp279.4b

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

Prodia Widyahusada

Market Cap: Rp2.6t

Provides clinical laboratory services primarily in Indonesia.

Surya Pertiwi

Market Cap: Rp1.8t

Distributes bathroom and kitchen products in Indonesia.

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.

Berkah Prima Perkasa

Market Cap: Rp135.4b

Engages in the trading of printing and related products in Indonesia.

Chitose Internasional

Market Cap: Rp160.0b

Manufactures and sells furniture products for hotels, restaurants, offices, schools, hospitals, and homes in Indonesia.

Nusantara Sejahtera Raya

Market Cap: Rp11.7t

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

Dana Brata Luhur

Market Cap: Rp1.4t

Provides coal logistic services in Indonesia.

Ciputra Development

Market Cap: Rp19.0t

Develops and sells real estate properties in Indonesia.

TIMAH

Market Cap: Rp7.6t

Engages in tin mining and smelting operations in Indonesia and internationally.

Charoen Pokphand Indonesia

Market Cap: Rp74.3t

Produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally.

AKR Corporindo

Market Cap: Rp24.2t

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

Indonesia Kendaraan Terminal

Market Cap: Rp2.0t

Engages in the cargo loading-unloading and stacking yard business activities.

Jasuindo Tiga Perkasa

Market Cap: Rp2.1t

Operates in the security printing industry in Indonesia.