By James A. Loyola Ten Philippine companies made it to the top 100 of The Nikkei Asian Review’s third annual Asia300 Power Performers Ranking, a compilation of the most powerful and valuable listed companies in Asia. The Philippine firms in the top 100 are led by property giant Ayala Land, Inc. (42), budget carrier Cebu Air (57), diversified engineering conglomerate DMCI Holdings Inc. (61), integrated property developer SM Prime Holdings, Inc. (63), and Asian fastfood giant Jollibee Foods, Inc. (74). Also in the top 100 are Ty flagship GT Capital Holdings, Inc. (79), Metro Pacific Investments, Inc. (85), Gokongwei investment arm JG Summit Holdings, Inc. (91), Gokongwei food and beverage unit Universal Robina Corporation (94), and oldest conglomerate Ayala Corporation (96). The Asia300 list is Nikkei’s exclusive selection of the biggest and fastest-growing companies from 11 economies across the continent. “We compiled the ranking by analyzing the 325 companies on that list, taking into account a mix of four factors: Growth, profitability, efficiency and financial soundness,” the publication said. ALI ranked 39th overall in both five-year average revenue growth and five-year average net profit growth. The company also had a strong net profit-to-sales ratio. Despite a somewhat disappointing equity capital ratio, Ayala Land still managed to log a higher total score than SM Prime Holdings, which led the Philippine ranking last year. Cebu Air, ranked second among Philippine companies, at 57th overall, aided by a high return on equity while DMCI Holdings came in third due to a solid ROE and net profit-to-sales ratio. This year's top performers include a number of regional players that may not be well-known to the general public but are nonetheless delivering solid results in terms of these key metrics. These "stealth" companies include Taiwan’s Largan Precision which earned the top spot on the ranking for the second straight year. Largan has played a crucial role in the iPhone supply chain from the beginning, providing lenses for every single unit that has shipped since the device debuted in 2007. The other Taiwanese company in the top 10 is Taiwan Semiconductor Manufacturing Co., the world’s largest semiconductor foundry, at No. 4.