SINGAPORE (August 18, 2020) – Forbes Asia today announced its 2020 “Best Under A Billion” list, which recognizes 200 top-performing small and midsized listed companies in the Asia-Pacific region. The full list can be found here and in the August issue of Forbes Asia.
The annual “Best Under A Billion” list spotlights 200 publicly listed companies in the Asia-Pacific region with sales under US$1 billion. From a universe of 18,000 companies in the region, these companies have track records of exceptional corporate performance, with one Covid-19 caveat: the list is based on the latest available full-year annual results as of July 7, 2020, and so does not fully reflect the impact from the global pandemic-led recession.
Companies on the list have scored above their peers in a composite selection that incorporates their track record for debt, sales and earnings-per-share growth, measured over both the most recent one- and three-year fiscal periods, as well as their one- and five-year average returns on equity. In addition to these quantitative criteria, qualitative screens were also used, and companies with serious governance issues, questionable accounting, environmental concerns, management issues or legal troubles were excluded. The criteria also ensured a geographic diversity of companies from across the region. Narrowed by this range of metrics, the final list of 200 is truly a select group.
For more information on the list, please visit www.forbes.com/bub.
For media queries, please contact:
Catherine Ong Associates Pte Ltd
Catherine Ong, tel: +65 6327 6088, cell: +65 9697 0007, cath@catherineong.com
Ashley Silitonga, tel: +65 6221 3321, cell: +65 9025 3532, ashley@catherineong.com
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August 18, 2020 at 01:08PM
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Forbes Asia Announces 2020 "Best Under A Billion" List - Forbes
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