Euromoney’s ninth Asian company ranking is based on a survey of market analysts at leading banks and research institutes in Asia. We received replies from 47 institutions. 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 usual scale of 4:3:2. We received nominations for 462 companies for all categories.
A number of other countries and industry sectors were included in the survey, but did not receive enough responses to be published.
If you would like more information about the poll, please telephone Andrew Newby on +44 207-779 8694 or email him at anewby@euromoneyplc.com.
| Industry key | |||
| l | Airlines and aviation | r | Media |
| m | Autos and auto parts | x | Metals and mining |
| n | Banking and financial | p | Oil and gas |
| o | Conglomerates | z | Pharmaceutical |
| s | Construction | u | Property |
| t | Consumer goods | v | Retail |
| w | Food, drink and tobacco | x | Small caps |
| y | Gaming | r | Technology |
| w | Industrial | s | Telecoms cellular |
| b | Iron and steel | l | Telecoms fixed |
| i | IT/software | d | Transport and shipping |
| f | Leisure | r | Utilities |
| Best Asian companies | |||||
| Most convincing and coherent strategy | |||||
| 4 | 3 | Company | Score | Country | Sector |
| 1 | 34= | IOI Corporation | 20 | Malaysia | w |
| 2 | 58= | Philippine Long Distance Telephone | 15 | Philippines | l |
| 3= | 34= | Genting | 14 | Malaysia | o y f |
| 3= | 5= | Public Bank | 14 | Malaysia | n |
| 5 | 5= | Singtel | 13 | Singapore | l |
| 6= | 54= | Tanjong | 12 | Malaysia | o y f r |
| 6= | 168= | Auckland International Airport | 12 | New Zealand | l x d |
| 6= | ? | Astro All Asia Networks | 12 | Malaysia | r |
| 9 | 168= | Advanced Info Services | 11 | Thailand | s |
| 10 | ? | Fletcher Building | 9 | New Zealand | s x |
| Most improved | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | ? | Telekom Malaysia | 21 | Malaysia | s l |
| 2 | 18= | Public Bank | 14 | Malaysia | n |
| 3 | 12 | Philippine Long Distance Telephone | 12 | Philippines | l |
| 4 | 39= | Malaysia Airlines | 11 | Malaysia | l d |
| 5 | ? | IOI Corporation | 10 | Malaysia | w |
| 6 | 52= | Genting | 9 | Malaysia | o y f |
| 7 | ? | MISC | 8 | Malaysia | d |
| 8 | 173= | Sunplus | 7 | Taiwan | r |
| 9 | ? | SMART Communications | 6 | Philippines | s |
| 10= | 52= | Indosat | 5 | Indonesia | s l |
| 10= | ? | Tanjong | 5 | Malaysia | o y f r |
| 12= | ? | Total Access Communications | 4 | Thailand | s |
| Least impressive management | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | 35= | Berjaya Group | 17 | Malaysia | y f |
| 2 | 142= | Magnum | 7 | Malaysia | y f |
| 3= | ? | AMMB Holdings | 6 | Malaysia | n |
| 3= | 93= | RHB Capital | 6 | Malaysia | n |
| 3= | ? | Proton | 6 | Malaysia | m |
| 3= | 26= | PCCW | 6 | Hong Kong | l s |
| Least impressive investor relations | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | ? | Magnum | 20 | Malaysia | y f |
| 2 | 90= | Courts Mammoth | 10 | Malaysia | t |
| 3= | ? | Realtek | 8 | Taiwan | r |
| 3= | 129= | YTL | 8 | Malaysia | r |
| 5 | 26= | Digitel | 7 | Philippines | l |
| 6 | ? | PCCW | 6 | Hong Kong | l s |
| 7= | 4 | RHB Capital | 5 | Malaysia | n |
| 7= | ? | Kumpulan Guthrie | 5 | Malaysia | w |
| Most transparent accounts | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | 4= | Tanjong | 34 | Malaysia | o y f r |
| 2= | 14= | Philippine Long Distance Telephone | 16 | Philippines | l |
| 2= | 1 | Infosys | 16 | India | i |
| 4 | 144= | Public Bank | 15 | Malaysia | n |
| 5 | 29= | IOI Corporation | 14 | Malaysia | w |
| 6 | 9= | Singtel | 11 | Singapore | l |
| 7 | ? | Aneka Tambang | 6 | Indonesia | x |
| 8= | 144= | Indosat | 5 | Indonesia | s l |
| 8= | 9= | Wipro | 5 | India | i |
| 8= | ? | Advanced Info Services | 5 | Thailand | s |
| Most accessible senior management | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | 7= | Tanjong | 27 | Malaysia | o y f r |
| 2 | 17= | Philippine Long Distance Telephone | 20 | Philippines | l |
| 3 | 50= | IOI Corporation | 17 | Malaysia | w |
| 4 | 29= | Public Bank | 12 | Malaysia | n |
| 5 | ? | Auckland International Airport | 8 | New Zealand | l x d |
| 6= | ? | Astro All Asia Networks | 7 | Malaysia | r |
| 6= | 1 | Infosys | 7 | India | i |
| 6= | 13= | Singtel | 7 | Singapore | l |
| 6= | ? | Dabur India | 7 | India | w |
| Best treatment of minority shareholders | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | 17= | Tanjong | 19 | Malaysia | o y f r |
| 2 | 9= | Public Bank | 10 | Malaysia | n |
| 3= | 2 | BAT | 8 | Malaysia | w |
| 3= | 1 | Infosys | 8 | India | i |
| 3= | 41= | Singtel | 8 | Singapore | l |
| 6 | 85= | Wipro | 7 | India | i |
| 7= | ? | Globe Telecom | 6 | Philippines | l |
| 7= | 23= | Maybank | 6 | Singapore | n |
| Most useful and informative website | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | 1 | Infosys | 12 | India | i |
| 2= | 11= | Singtel | 8 | Singapore | l |
| 2= | ? | Infratil | 8 | New Zealand | u |
| 4 | 44= | Tanjong | 7 | Malaysia | o y f r |
| 5 | ? | IOI Corporation | 6 | Malaysia | w |
| Best newly listed | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | ? | KLCC Property | 14 | Malaysia | u |
| 2 | ? | Tata Consultancy | 11 | India | i |
| 3 | ? | AirAsia | 10 | Malaysia | l d |
| 4 | ? | MEMS Tech | 8 | Malaysia | r |
| 5= | ? | Sin Chew Media (SCMC) | 6 | Malaysia | r |
| 5= | ? | NDTV | 6 | India | r |
| Best small company | |||||
| 04 | 03 | Company | Score | Country | Sector |
| 1 | ? | Dreamgate | 8 | Malaysia | y f |
| 2= | ? | Top Glove | 7 | Malaysia | w |
| 2= | 87= | Glomac | 7 | Malaysia | x u |
| Best Asian companies by country | ||||
| Australia | ||||
| 04 | 03 | Company | Score | Sector |
| 1= | ? | Macquarie Airports | 4 | d |
| 1= | ? | Optus | 4 | s |
| 1= | ? | Publishing and Broadcasting | 4 | r |
| 1= | ? | Virgin Blue | 4 | l |
| China (excl. Hong Kong) | ||||
| 04 | 03 | Company | Score | Sector |
| 1= | ? | TCL | 4 | t |
| 1= | ? | Cosco Pacific | 4 | d |
| 1= | ? | Clear Media | 4 | r |
| 1= | ? | China Telecom | 4 | l |
| Hong Kong | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 7= | Hutchison Whampoa | 8 | o |
| 2 | ? | City Telecom | 7 | l |
| 3= | 2= | Sun Hung Kai Properties | 4 | u |
| 3= | 12= | TCL | 4 | t |
| 3= | ? | Television Broadcasts | 4 | r |
| 3= | 2= | Li & Fung | 4 | v |
| 3= | 24= | ASM Pacific | 4 | r |
| India | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 1 | Infosys | 14 | i |
| 2 | 3 | Wipro | 9 | i |
| 3= | ? | Reliance Infocomm | 4 | s |
| 3= | ? | Tata Consultancy Services | 4 | i |
| 3= | 5 | Bharti Televentures | 4 | s |
| Indonesia | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | ? | Indosat | 9 | s l |
| 2= | 5= | Telkomsel Indonesia | 7 | s |
| 2= | 5= | Telkom Indonesia | 7 | l |
| Japan | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | ? | Jupiter Telecommunications | 4 | l s |
| 2 | ? | Fuji TV | 3 | r |
| 3 | ? | Dentsu | 2 | r |
| Korea | ||||
| 04 | 03 | Company | Score | Sector |
| 1= | ? | Cheil Communications | 4 | r |
| 1= | ? | Daegu Bank | 4 | n |
| 1= | ? | Hanaro Telecom | 4 | l |
| 4= | ? | Pusan Bank | 3 | n |
| 4= | ? | Orion | 3 | w |
| 4= | ? | SK Telecom | 3 | s |
| Malaysia | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 6 | Tanjong | 21 | o y f r |
| 2= | 1 | Public Bank | 17 | n |
| 2= | 7= | Maxis | 17 | s |
| 4 | 3= | IOI Corporation | 13 | w |
| 5 | 3= | Genting | 10 | o y f |
| New Zealand | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | ? | Auckland International Airport | 16 | l x d |
| 2= | ? | Fletcher Building | 12 | s x |
| 2= | ? | Telecom New Zealand | 12 | x l |
| 4= | ? | Air New Zealand | 4 | l |
| 4= | ? | Sky Television | 4 | r |
| Philippines | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 3 | Philippine Long Distance Telephone | 19 | l |
| 2= | ? | ABS-CBN Broadcasting | 4 | r |
| 2= | 5 | Ayala Corporation | 4 | o |
| 2= | ? | SMART Communications | 4 | s |
| Singapore | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 1 | Singtel | 22 | l |
| 2 | 14= | Singapore Airlines | 7 | l |
| 3 | 6 | DBS | 6 | n |
| 4= | 7= | United Overseas Bank | 4 | n |
| 4= | 2 | Venture | 4 | r |
| 4= | ? | Media Corporation of Singapore | 4 | r |
| Taiwan | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 2= | MediaTek | 8 | r |
| 2 | 19= | Sunplus | 6 | r |
| 3 | ? | Chunghwa Telecom | 5 | l |
| 4= | 2= | Chinatrust FHC | 4 | n |
| 4= | ? | FarEasTone | 4 | s |
| 4= | ? | Taiwan Broadband Communications | 4 | l |
| 4= | ? | Advanced Semiconductor Engineering | 4 | r |
| Thailand | ||||
| 04 | 03 | Company | Score | Sector |
| 1 | 8= | Advanced Info Services | 15 | s |
| 2 | ? | Shin Corporation | 6 | r r |
| 3 | ? | Total Access Communications | 5 | s |
| 4= | 5= | PTT | 4 | p |
| 4= | 8= | United Broadcasting Corporation | 4 | r |
| Best Asian companies by sector | ||||
| Airlines and aviation | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | AirAsia | 7 | Malaysia |
| 2= | ? | Virgin Blue | 4 | Australia |
| 2= | 4= | Auckland International Airport | 4 | New Zealand |
| 2= | ? | Malaysia Airlines | 4 | Malaysia |
| 2= | 1= | Singapore Airlines | 4 | Singapore |
| Autos and auto parts | ||||
| 04 | 03 | Company | Score | Country |
| 1= | ? | Hyundai-Berjaya | 4 | Malaysia |
| 1= | ? | Proton | 4 | Malaysia |
| 1= | 1= | Astra International | 4 | Indonesia |
| Banking and financial | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 2 | Public Bank | 19 | Malaysia |
| 2 | 22= | Maybank | 9 | Singapore |
| 3 | 11= | DBS | 7 | Singapore |
| 4 | ? | Bank Rakyat Indonesia | 6 | Indonesia |
| Conglomerates | ||||
| 04 | 03 | Company | Score | Country |
| 1= | ? | Sime Darby | 7 | Philippines |
| 1= | 3= | Genting | 7 | Malaysia |
| 3= | ? | Multi Purpose Holdings | 4 | Malaysia |
| 3= | ? | Tanjong | 4 | Malaysia |
| Construction | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | Fletcher Building | 8 | New Zealand |
| 2 | 3= | Gamuda | 7 | Malaysia |
| 3 | ? | IJM Plantations | 4 | Malaysia |
| Consumer goods | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | Guinness Anchor | 7 | Malaysia |
| 2 | ? | Nestle India | 6 | India |
| Food, drink and tobacco | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 1= | BAT | 19 | Malaysia |
| 2 | ? | Nestle India | 11 | India |
| 3 | ? | Guinness Anchor | 10 | Malaysia |
| 4 | 1= | HM Sampoerna | 8 | Indonesia |
| Gaming | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | Tanjong | 40 | Malaysia |
| 2 | ? | Genting | 29 | Malaysia |
| 3 | ? | Resorts World | 5 | Malaysia |
| IT/software | ||||
| 04 | 03 | Company | Score | Country |
| 1= | ? | SpringSoft | 4 | Taiwan |
| 1= | ? | Tata Consultancy Services | 4 | India |
| Leisure | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 1 | Tanjong | 10 | Malaysia |
| 2 | ? | Genting | 7 | Malaysia |
| Media | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | NDTV | 8 | India |
| 2= | ? | Astro All Asia Networks (Malaysia) | 4 | Malaysia |
| 2= | ? | GMM Grammy | 4 | Thailand |
| 2= | ? | Publishing and Broadcasting | 4 | Australia |
| Metals and mining | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | Aneka Tambang | 8 | Indonesia |
| 2 | ? | Chalco | 4 | China |
| 3= | ? | Inco | 3 | Indonesia |
| 3= | ? | Jiangxi Copper Industry | 3 | China |
| Oil and gas | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | Scomi | 6 | Malaysia |
| 2= | ? | First Generation | 4 | Philippines |
| 2= | ? | Petra Perdana | 4 | Malaysia |
| 2= | ? | Shell | 4 | Hong Kong |
| Property | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 6= | SP Setia | 10 | Malaysia |
| 2= | 6= | Ayala Land | 7 | Philippines |
| 2= | ? | Megaworld | 7 | Philippines |
| 4 | ? | IOI Properties | 6 | Malaysia |
| Small caps | ||||
| 04 | 03 | Company | Score | Country |
| 1= | ? | Sunrise | 4 | |
| 1= | ? | Auckland International Airport | 4 | New Zealand |
| 1= | ? | Komatsu | 4 | Japan |
| Technology | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 6 | MediaTek | 8 | Taiwan |
| 2 | ? | Advanced Semiconductor Engineering | 4 | Taiwan |
| Cellular telecoms | ||||
| 04 | 03 | Company | Score | Country |
| 1= | 7 | Advanced Info Services | 14 | Thailand |
| 1= | ? | SMART Communications | 14 | Philippines |
| 3 | 3= | Maxis | 10 | Malaysia |
| 4 | ? | Telekom Malaysia | 7 | Malaysia |
| 5 | 3= | Telkomsel Indonesia | 5 | Indonesia |
| Fixed telecoms | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 1 | Singtel | 16 | Singapore |
| 2 | ? | Telekom Malaysia | 9 | Malaysia |
| 3 | ? | Telecom New Zealand | 6 | New Zealand |
| Transport and shipping | ||||
| 04 | 03 | Company | Score | Country |
| 1 | ? | MISC | 8 | Malaysia |
| 2 | ? | Macquarie Airports | 7 | Australia |
| 3= | ? | Star Track Express | 4 | Australia |
| 3= | ? | Wan Hai Lines | 4 | Taiwan |
| 3= | ? | Auckland International Airport | 4 | New Zealand |
| Utilities | ||||
| 04 | 03 | Company | Score | Country |
| 1 | 5= | Malakoff | 8 | Malaysia |
| 2= | ? | Contact Energy New Zealand | 4 | New Zealand |
| 2= | ? | Tanjong | 4 | Malaysia |