This year, 24,000 stock traded Asia-Pacific companies of 108 different industries with annual revenue between $5 million and $1 billion were sorted. From a universe of 24,000 candidates, roughly 1,400 passed Forbes criteria for profitability, growth, and modest indebtedness, and finally 200 enterprises with the strongest top-and bottom-line growth were honored.
Forbes’s selection of 200 is un-ranked but comparatively produced the highest sales and earnings per share growth for both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average return on equity. Forbes excluded those with questionable accounting, management or major legal troubles. The final list of 200 is truly a select field - the top 1% in their sector.
The list includes most companies from China, Hong Kong and Taiwan, accounting for over half with 108 entries, 38 entries from Japan, and especially 3 companies from Vietnam, including Binh Duong Mineral and Construction JSC (KSB), Vicostone JSC (VCS) and Power Engineering Consulting JSC (TV2).
See the full list, sorted alphabetically, here.
(Source: Forbes.com and Cafef.vn)