Vinamilk on list of Nikkei Asian Review’s Asia300 Power Performers
Friday, June 16,2017AsemconnectVietnam - The Nikkei Asian Review on Thursday released its second annual Asia300 Power Performers Ranking, a compilation of the most powerful and valuable listed companies in Asia.
Viet Nam Dairy Products (Vinamilk), the country’s largest food processor, took the eighth spot.
Earning the top spot was Taiwan’s Largan Precision, the world’s leading maker of lenses for smartphone cameras.
Two other Taiwanese companies cracked the top 10, with Taiwan Semiconductor Manufacturing Co, the world’s largest semiconductor foundry, grabbing the No 5 spot, and Eclat Textile, which has about 9,000 employees, placing seventh.
Indian IT service provider HCL Technologies came in at No 2, followed immediately by fellow Indian players Zee Entertainment Enterprises (No 3) and Tata Consultancy Services (No 4).
Backed by solid personal consumption, Indian companies won a leading 10 of the top 30 spots, outperforming their Chinese and Southeast Asian counterparts.
Rounding out the top 10 were Chinese internet giants Alibaba Group Holding (No 6) and Tencent Holdings (No 9), and state-owned airport operator Airports of Thailand (No 10).
The top 30 comprises 10 companies from India, six from China, four from Taiwan, two each from Thailand, South Korea, Malaysia and the Philippines, and one each from Viet Nam and Indonesia.
The Asia300 Power Performers Ranking analysed 327 companies on the list, taking into account four factors, including growth, profitability, efficiency and financial soundness.
Analysis is based on five metrics: average revenue growth rate over the past five years (growth), average net profit growth rate over the past five years (growth), ratio of net profit to sales (profitability), return on equity (efficiency), and equity capital ratio (financial soundness).
Points were assigned for each of the criteria, and companies were ranked according to their cumulative scores.
The data was provided by QUICK-FactSet. There were revisions to the calculations between the 2016 and 2017 rankings.
The Asia300 is Nikkei’s exclusive list of the 327 biggest and fastest-growing companies from 11 economies across the continent, excluding Japan. Selections are based on market capitalisation, with consideration also given to growth potential and geographic balance.
Nikkei also publishes a series of stock indexes based on the Asia300. The main Nikkei Asia300 Index comprises 316 companies from the list (as of March 2017).
Source: Bizhub.vn
Eximbank (EIB) target VND5,000 billion profit, up 34% in 2023
Business activities of banks in March 2023
Saigon Newport announced Tan Cang - Long Binh dry port and Organized the Customer Appreciation Conference in Dong Nai
VIB General Meeting of Shareholders: Approved the plan to pay 35% dividend, profit VND12,200 billion
In 2023, Refrigeration Electrical Engineering (REE) plans to increase profit slightly by 0.3% to VND 2,700 billion
PVOIL (OIL): Outstanding output growth in 2022
Sudico AGM (SJS): Growth target in 2023 from 10-15% of revenue
In 2023, Hoang Huy Investment Services (HHS) expects profit up and dividend of 8%
2023 Nam A Bank (NAB) Annual General Meeting of Shareholders: List shares and expand overseas branches
Mobile World (MWG) plans to increase its profit slightly to VND4,200 billion in 2023
Masan (MSN) continues to attract foreign capital up to VND15,000 billion
Century Synthetic Fiber Coporation (STK) successfully approached USD52.5 million in syndicated loans
Hoa Sen AGM for the year 2022-2023 (HSG): HSG will be profitable in March, April and May 2023
Fitch Ratings first international credit rating with GAS at “BB”
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...