BusinessWeek Asia 50 Interactive Scoreboard


This year's edition of BusinessWeek's ranking of Asia's best-performing companies attests to the continuing dynamism of India and Greater China.

Among sectors, infrastructure and high tech made the strongest showings

Click column heading once to reorder from highest to lowest. Click twice to reorder from lowest to highest.
BW Rank
2008
Company Name
Country
Overall Grade
Profitability
%
Profitability
Grade
Sales Growth
Rate %
Sales Growth
Grade
Stock Market
Value ($mil)
2007 Sales
($mil)
2007
Net Income
($mil)
Total Return
Past 12
Months
Total Return
Past 36
Months
Economic
Sector
1 SIEMENS (INDIA)  IndiaA   50.0 A   61.6 A   4,254.7 2,308.5 170.5 -14.2 164.0 Industrials
2 UNITECH  IndiaA   57.6 A   113.6 A   6,129.1 1,019.1 409.1 -41.3 3,471.3 Financials
3 ALIBABA.COM  ChinaA   94.4 A   82.2 A   6,437.6 302.6 135.4 -99.0 -99.0 Information Technology
4 CHINA MOLYBDENUM  ChinaA   90.5 A   70.9 A   1,074.6 825.1 313.5 -60.8 -99.0 Materials
5 INPEX HOLDINGS  JapanA   49.4 A   36.1 A   23,502.1 11,123.4 1,601.9 -8.0 52.9 Energy
6 CIPLA  IndiaA   25.6 A   22.1 A- 3,920.7 987.1 172.6 15.6 66.4 Health Care
7 HONG KONG & CHINA GAS  Hong KongA   28.8 A   25.9 A- 14,732.8 1,825.5 1,189.5 5.9 35.9 Utilities
8 BELLE INTERNATIONAL HOLDINGS  Hong KongA   28.7 A   147.7 A   8,712.7 1,632.9 276.9 -10.3 -99.0 Consumer Discretionary
9 DIGI.COM  MalaysiaA   53.4 A   25.2 B+ 5,587.3 1,328.5 323.6 25.2 385.9 Telecommunication Services
10 UNILEVER INDONESIA  IndonesiaA   101.0 A   11.9 B- 5,761.2 1,358.1 212.7 -5.2 73.4 Consumer Staples
11 HONG KONG EXCHANGES & CLEARING  Hong KongA   59.4 A   61.6 A   15,924.1 1,195.2 791.7 -6.6 416.6 Financials
12 ASEA BROWN BOVERI (INDIA)  IndiaA   42.6 A   38.5 A   3,766.2 1,459.7 121.0 -32.6 166.1 Industrials
13 TECH MAHINDRA  IndiaA   61.0 A   64.1 A   2,122.3 927.0 189.5 -42.3 -99.0 Information Technology
14 COUNTRY GARDEN HOLDINGS  ChinaA   72.0 A   52.0 A   9,854.9 2,545.5 578.6 -49.9 -99.0 Financials
15 LARGAN PRECISION  TaiwanA   34.2 A   34.1 A- 1,579.0 186.9 81.6 0.6 73.5 Consumer Discretionary
16 COSCO (SINGAPORE)  SingaporeA   28.0 A   151.8 A   4,851.2 1,602.1 238.4 -39.2 173.8 Industrials
17 HINDUSTAN ZINC  IndiaA   64.3 A   58.9 A- 5,805.2 1,939.0 1,082.1 -20.2 255.0 Materials
18 DLF  IndiaA   45.8 A   94.5 A   20,091.3 3,568.9 1,933.6 -15.8 -99.0 Financials
19 NHN  KoreaA   49.3 A   57.1 A   7,343.9 1,047.2 283.8 -1.1 296.9 Information Technology
20 CHIYODA  JapanA   33.3 A   30.4 A- 2,699.0 5,580.9 89.1 -51.4 -24.7 Industrials
21 GUANGZHOU R&F PROPERTIES  ChinaA   44.3 A   63.5 A   2,098.4 2,623.8 741.9 -42.5 495.0 Financials
22 ESPRIT HOLDINGS  Hong KongA   56.3 A   21.6 B+ 13,218.0 3,803.5 664.7 -17.7 58.3 Consumer Discretionary
23 HTC  TaiwanA   57.8 A   47.9 B+ 11,543.3 3,692.4 918.7 52.1 190.8 Information Technology
24 KOT ADDU POWER (KAPCO)  PakistanA   28.7 A   19.3 B+ 531.2 576.8 77.6 -15.7 -99.0 Utilities
25 GOLDEN AGRI-RESOURCES (GAR)  SingaporeA   29.7 A- 35.4 A   5,053.5 1,873.4 1,164.8 16.1 480.5 Consumer Staples
26 ARIF HABIB SECURITIES  PakistanA   41.8 A   50.2 A   528.3 65.2 55.1 4.0 523.2 Financials
27 BHARAT HEAVY ELECTRICALS  IndiaA   33.0 A   26.9 B+ 18,973.0 4,766.6 703.8 -1.8 240.2 Industrials
28 PAKISTAN PETROLEUM  PakistanA   63.5 A   30.2 B+ 3,822.2 597.0 260.8 74.9 190.6 Energy
29 INTERNATIONAL NICKEL INDONESIA  IndonesiaA   64.7 A   44.0 B+ 5,001.7 2,325.9 1,173.0 0.2 320.4 Materials
30 AGILE PROPERTY HOLDINGS  ChinaA   35.7 A- 68.7 A   3,525.5 1,499.4 294.2 -45.6 -99.0 Financials
31 LI & FUNG  Hong KongA   31.4 A   24.9 A- 11,776.3 11,864.9 392.7 -1.0 89.9 Consumer Discretionary
32 FIRICH ENTERPRISES  TaiwanA   40.5 A   59.6 A   533.6 112.0 55.2 -72.4 -99.0 Information Technology
33 TELEKOMUNIKASI INDONESIA  IndonesiaA   47.0 A   20.7 B+ 16,780.8 6,435.0 1,391.9 -28.1 54.6 Telecommunication Services
34 CHINA COSCO HOLDINGS  ChinaA   22.4 A- 47.6 A   28,262.1 15,109.3 2,725.0 36.1 487.4 Industrials
35 SHIMAO PROPERTY HOLDINGS  ChinaA   36.0 A   50.0 A   4,117.5 1,297.7 572.5 -52.1 -99.0 Financials
36 COMPAL COMMUNICATIONS  TaiwanA   41.3 A   53.6 A- 665.2 1,546.9 125.8 -50.8 -50.7 Information Technology
37 SINGAPORE TECHNOLOGIES ENGINEERING  SingaporeA   32.1 A   21.1 B   5,876.4 3,578.0 356.7 -20.3 23.0 Industrials
38 ANEKA TAMBANG (ANTAM)  IndonesiaA   47.6 A   62.3 A- 2,583.4 1,300.0 555.6 -0.4 474.3 Materials
39 SINGAPORE EXCHANGE  SingaporeA   54.6 A   29.0 B+ 5,132.7 577.1 338.8 -27.2 244.0 Financials
40 LION DIVERSIFIED HOLDINGS  MalaysiaA   27.0 A- 75.6 A   240.4 1,574.8 184.1 -87.9 -28.9 Consumer Discretionary
41 HYUNDAI MIPO DOCKYARD  KoreaA   24.7 A   24.2 B+ 3,670.2 2,982.1 544.4 -28.2 234.9 Industrials
42 HOPSON DEVELOPMENT HOLDINGS  Hong KongA   31.2 A- 52.5 A   1,564.9 1,586.5 451.4 -69.1 120.8 Financials
43 MOTECH INDUSTRIES  TaiwanA   30.2 A- 85.5 A   1,383.5 498.0 77.6 -32.7 31.1 Information Technology
44 PERUSAHAAN GAS NEGARA (PGN)  IndonesiaA   16.0 A   25.1 A- 6,061.0 952.9 170.2 33.7 293.3 Utilities
45 ITC  IndiaA- 37.0 A- 22.3 A- 16,221.4 3,608.2 777.3 11.3 74.7 Consumer Staples
46 GOME ELECTRICAL APPLIANCES  ChinaA- 25.0 A- 67.9 A   5,594.1 5,942.9 157.7 7.9 188.1 Consumer Discretionary
47 HYUNDAI HEAVY INDUSTRIES  KoreaA- 27.2 A   20.4 B   18,190.2 21,490.9 1,779.1 -11.3 459.8 Industrials
48 BANK OF PUNJAB  PakistanA- 31.1 A- 52.0 A   220.4 350.5 69.3 -59.7 15.9 Financials
49 PAKISTAN OILFIELDS  PakistanA- 46.2 A- 32.5 A   746.1 222.8 113.0 -5.8 59.4 Energy
50 TATA CONSULTANCY SERVICES  IndiaA- 51.1 A   34.9 B   18,800.8 5,627.6 1,237.1 -26.7 37.2 Information Technology

FOOTNOTES
PROFITABILITY For non-financial companies, annual pretax operating profit as a percentage of year-end invested capital. For financial companies, annual pretax profits as a percentage of year-end shareholders' equity. Each was calculated for three years, and then averaged.

ASSETS GROWTH RATE This was used to rank financial companies. Three-year average annual asset growth based on the most recently reported three years, calculated using the least-squares method.

SALES GROWTH RATE This was used to rank the nonfinancial companies. Three-year average annual sales growth based on the most recently reported three years, calculated using the least-squares method.

MARKET VALUE Share price on April 30, 2008, multiplied by the latest available common shares outstanding.

TOTAL RETURN (1 YEAR) Annual dividend per share plus April 30, 2008 share price, as a percent of April 30, 2007 share price.

TOTAL RETURN (3 YEAR) Annual dividend per share plus April 30, 2008 share price, as a percent of April 29, 2005 share price.

SALES Latest available sales for the most recent year. Includes all sales and other operating revenues. For financial service companies, this includes interest and non-interest income.

PROFITS Latest available profits for the most recent year. Net income from continuing operations before extraordinary items.

GRADES Companies in the Financial Sector were ranked on Return on Equity and Assets Growth; companies in all other sectors were ranked on Return on Invested Capital and Sales Growth. The overall sector letter grade reflects how the weighted average of the ranked return on capital and ranked sales (or assets) growth compares with others in the same sector. For the overall grade as well as the ROE/ROI and sales or assets growth grades, an "A" places a company in the top 6% of its sector and an "A-" in the top 12% of the sector. The actual ranking was done using the underlying numerical measures. Grades are for information only.

Results for Belgacom, Telenor, and Swisscom adjusted for the small size of sector.

Note: Compustat data provided by Standard & Poor's, a unit of The McGraw- Hill Companies, from sources such as statistical services, registration statements, and company reports that S&P believes to be reliable but are not guaranteed by S&P or BusinessWeek as to correctness or completeness. This material is not an offer to buy or sell any security.