Asia's Fab 50 Companies
Asia-Pacific's best publicly traded companies
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Last Updated: Sep 18, 2014, 06:02 IST2 min
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The annual honour roll of the Fabulous 50 singles out the best of Asia-Pacific’s biggest publicly traded companies. The brightest of those stars is India’s HDFC Bank, which has made the list eight times, more than any other company since we started compiling this roster in 2005.
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There are eight other first-timers. Another eight return after falling off in recent years. That means 19 firms failed to repeat, including China snack leaders Tingyi Holding and Want Want China Holdings. At least one of them had made the cut every year since 2007. Other companies ending long streaks include China’s Hengan International Group and India’s ITC. The Fab 50 is chosen from a pool of 1,094 companies that have at least $3 billion in market cap or annual revenue. Since only public companies are considered, hot privately held outfits such as Alibaba Group and Huawei Technologies are out. We screen for a long series of performance measures, analyse the outlook for each company and throw out any that carry a lot of debt or are more than 50 percent state-owned. Companies that are more than 50 percent owned by listed parents are also culled. The result is the region’s best of the best.
Click here For the FAB 50 List ALL FIGURES ARE IN US DOLLARS. SALES ARE FOR THE LAST FISCAL YEAR THE COMPANY REPORTED. MARKET VALUES AS OF AUG 18. SOURCES: FACTSET RESEARCH SYSTEMS BLOOMBERG.
Reporting by Donald Frazier, Yunita Ong, Anuradha Raghunathan, Lucinda Schmidt and Elizabeth Woyke
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First Published: Sep 18, 2014, 06:02
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