Asia’s best managed companies: Most convincing and coherent strategy by sector

Euromoney targeted equity analysts covering Asian companies that were constituents as of July 26 2007 of the following indices, the biggest exchanges for domestic shares in the respective countries: Shanghai Composite (People’s Republic of China);

China leads the pack
Asia’s best managed companies
Most convincing and coherent strategy Most transparent accounts
Most accessible senior management Most useful and informative website
Best corporate governance Most convincing and coherent strategy by country
Most convincing and coherent strategy by sector Best corporate governance by country
Methodology

Euromoney targeted equity analysts covering Asian companies that were constituents as of July 26 2007 of the following indices, the biggest exchanges for domestic shares in the respective countries: Shanghai Composite (People’s Republic of China);

Hang Seng (Hong Kong);

Seoul Composite (Korea);

KLSE Composite (Malaysia);

Philippine Stock Exchange (Philippines);

Straits Times Index (Singapore);

Taiwan SE Weighted Index (Taiwan);

SET (Thailand);

BSE 30 (India).

Euromoney’s annual Asia company ranking is based on a survey of market analysts at leading banks and research institutes in Asia. Polling took place from August 29 to October 12 2007.

We received replies from 128 analysts who made a total of 2,744 nominations for 470 companies. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, bearing in mind market strength, profitability, growth potential and quality of management and earnings.

Points were awarded on the scale of 4:3:2 for nominations for 1st, 2nd and 3rd places respectively.

A number of other countries and industry sectors were included in the survey, but did not receive enough responses to be published.

Airlines and aviation
Number of nominations: 5
2007 Company Country
1= Malaysia Airlines Malaysia
1= Singapore Airlines Singapore
3= AirAsia Malaysia
3= Korean Air Korea
5 All Nippon Air Japan
Banking and financial
Number of nominations: 30
2007 Company Country
1 Fubon Financial Taiwan
2 Cathay Financial Taiwan
3 China Merchants Bank China
4 UOB Singapore
5= Public Bank Malaysia
5= Shinhan Financial Group Korea
Chemicals
Number of nominations: 5
2007 Company Country
1 Shanghai Petrochemical China
2= Formosa Plastics Taiwan
2= LG Chem Korea
4= Formosa Petrochemical Taiwan
4= PTT Chemical Thailand
Construction
Number of nominations: 9
2007 Company Country
1 Gamuda Malaysia
2= Italian-Thai Development Thailand
2= Larsen & Toubro India
7= WCT Engineering Taiwan
Consumer goods
Number of nominations: 18
2007 Company Country
1 China Mengniu Dairy China
2 Jollibee Foods Philippines
Food drink and tobacco
Number of nominations: 7
2007 Company Country
1 ITC Singapore
Gaming & Leisure
Number of nominations: 16
2007 Company Sector
1 Genting Malaysia
2 Shanda China
3 Tencent China
Insurance
Number of nominations: 11
2007 Company Country
1= Cathay Financial Taiwan
1= ICICI Prudential Life India
3 Ping An Insurance China
Media
Number of nominations: 8
2007 Company Country
1 MCOT Thailand
2 Media Prima Malaysia
3= BEC World Thailand
3= Major Ciniplex Thailand
Metals and mining
Number of nominations: 7
2007 Company Country
1 Posco Korea
Oil and gas
Number of nominations: 14
2007 Company Country
1 PTT Thailand
2 Thai Oil Thailand
3 CNOOC China
Petrochemicals
Number of nominations: 4
2007 Company Country
1 PTT Chemical Thailand
2 The Aromatics (ATC) Thailand
3 Sinopec Tianjin Petrochemical Company China
Property
Number of nominations: 33
2007 Company Country
1 Sun Hung Kai Properties Hong Kong
2 Asian Property Development Thailand
3= Hong Kong Land Hong Kong
3= SP Setia Malaysia
5 CapitaLand Singapore
Retail
Number of nominations: 9
2007 Company Country
1 Homepro Thailand
Technology
Number of nominations: 10
2007 Company Country
1= Mediatek Taiwan
1= TSMC Taiwan
3 AsusTek Taiwan
Telecoms cellular
Number of nominations: 24
2007 Company Country
1 China Mobile Hong Kong
2 Bharti Airtel India
3 China Unicom China
4= Digi.com Malaysia
4= Total Access Communications (DTAC) Thailand
Telecoms fixed
Number of nominations: 13
2007 Company Country
1 China Telecom China
2 Chunghwa Telecom Taiwan
3 PCCW Hong Kong
Transport
Number of nominations: 8
2007 Company Country
1 Pacific Basin Shipping Hong Kong
2= MISC Malaysia
2= Shenzhen Expressway China
Utilities
Number of nominations: 12
2007 Company Country
1 China Resources Power China
2= Datang International Power China
2= Tenaga Malaysia
4 Glow Energy Thailand