Forbes Asia released this year’s edition of its “<a href="http://www.forbes.com/lists/2010/24/asia-under-billion-10_Asias-200-Best-Under-A-Billion_Company.html" target="_blank">Best Under A Billion</a>” list today, picking out 200 of the top-performing companies across the Asia-Pacific region with actively traded shares and sales between US$5 million and US$1 billion.
According to Forbes, the selection of the 200 companies was based on earnings growth, sales growth, and shareholders’ return on equity over the past 12 months as well as over three years. A majority of the 200 companies came from the electronics, information technology, and healthcare sectors.<span id="more-6972"></span>
For the second straight year, China (including Hong Kong) came in as the region boasting the most companies on the list, despite its presence dropping from 78 companies last year to 71 this year. The number of Indian companies on the list nearly doubled from 20 last year to 39 this year as it rose to number two on the list. Japan, last year’s second most represented country, saw the number of Japanese companies on the list drop from 24 down to 2 due to the country’s poor economic climate.
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