Forbes Asia Fab 50

Forbes Asia’s Fab 50 list is an annual roster of the best 50 big-capitalization and profitable companies in the region. 

FORBES ASIA FAB 50 LIST
(in alphabetical order)

China
Agile Property Holdings
Changsha Zoomlion Heavy Industry
China Mengniu Dairy
Digital China Holdings
Dongfang Electric
GD Midea Holding
Gree Electric Appliances
Hengan International Group
Lenovo Group
SAIC Motor
Sany Heavy Industry
Shandong Gold Mining
Suning Appliance
Tencent Holdings
Tingyi Holding
Want Want China Holdings
India
Adani Enterprises
Axis Bank
Bharat Heavy Electricals
Dr. Reddy’s Laboratories
HCL Technologies
HDFC Bank
Hindalco Industries
Infosys Technologies
ITC
Jindal Steel & Power
JSW Steel
Kotak Mahindra Bank
Larsen & Toubro
Mahindra & Mahindra
Sterlite Industries
Tata Consultancy Services
Hong Kong
Belle International Holdings
Li & Fung
Nine Dragons Paper Holdings
Noble Group
Taiwan
Acer
China Life Insurance
HTC
Mediatek
South Korea
Glovis
NHN
Samsung Engineering
Australia
Rio Tinto
Wesfarmers
Japan
Nintendo
Rakuten
Indonesia
Bank Central Asia
Singapore
Olam International
Thailand
Banpu

Asia’s economic powerhouses China and India have tied for top place with the most number of firms on Forbes Asia’s Fab 50 List, with both countries accounting for more than 60% of the firms on the 2010 list.

The Fab 50 List appears in the latest issue of Forbes Asia. The 50 firms were picked  from a shortlist of 936 that had revenues or market capitalization of at least $3 billion as of September 1, 2010, and a 5-year record for revenue, operating earnings and return on capital. Other criteria included recent financial result, share price movement and outlook.

Despite being named this year’s richest man in the Philippines, the conglomerate of tycoon Henry Sy, SM Investments Corp., did not make it to the top 50.

The companies of another Filipino businessman included in Forbes’billionaire list this year, beer and airline magnate Lucio Tan, also did not make the cut.

***

Wow! China and India tied at 1st place!I hope the Philippines will be in the list next year.

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