The jury applied the following criteria to determine which companies can compete for the Investor Awards 2016:

(1) It publishes its financial figures on time
(2) Listed on the IDX before 2015
(3) No adverse or disclaimer audit opinion letters have been released
(4) It did not report a loss at the year of assessment
(5) Equity is at least IDR 50 billion (approx. USD $3.8 million)
(6) The company's stocks are actively traded
(7) The company has more than 300 shareholders
(8) Has positive equity over the past two years

The jury applies the following criteria to determine the winners:

(a) Return on shares
(b) Liquidity
(c) Volatility
(d) Sales growth over past three years
(e) net operating margin
(f) Return on equity
(g) Asset turnover
(h) Profit growth over the past three years

Meanwhile, PP Properti was awarded the 'Best IPO 2016' award and Humpuss Intermoda Transportasi was awarded the 'Best Restructured - Rebound Company 2016' award.

Investor Magazine's Top Performing Listed Companies 2016:

Company Sector
Telekomunikasi Indonesia Telecommunication Infrastructure
Waskita Karya Construction
Pembangunan Perumahan Construction
Sarana Menara Nusantara Telecommunication Infrastructure
Sri Rejeki Isman Textile

Investor Magazine's Other Top Performing Companies 2016 per Sector:

Company Sector
BISI International
Agriculture and Livestock
Selamat Sempurna Miscellaneous
Pan Brothers Textile & Garment
Pelayaran Tempuran Emas Infrastructure
Ace Hardware Trade and Services
Samindo Resources Basic Industries
Sucaco Metal and Cable Industry
Nippon Indosari Corpindo Foods & Drinks
Unilever Indonesia Household Consumption
Pacific Strategic Financial Investment
Bank Tabungan Negara Banking
Trimegah Securities Securities
Megapolitan Developments Property Construction
Indonesian Paradise Property Hospitality and Tourism
Metrodata Electronics Electronics
Asuransi Multi Artha Guna Insurance
BFI Finance Indonesia Multifinance

Source: Investor Magazine