Kevin Ma, founder and CEO of Hypebeast, speaks during the Rise conference in Hong Kong on July 11, 2017. The company makes its debut on the list after a 77% jump in revenue last year, much from its e-commerce unit HbX carrying various brands such as Prada, adidas and streetwear label MM6. (Photo: Anthony Kwan/Bloomberg)

This story is part of Forbes’ coverage of Asia’s Best Under A Billion 2018 list, which highlights 200 Asia-Pacific public companies with less than $1 billion in revenue and consistent top- and bottom-line growth. See the full list, sorted alphabetically, here.

Our annual Best Under A Billion list honors 200 small- to medium-sized enterprises in the Asia Pacific region with sales under $1 billion and a track record of strong top- and bottom-line growth. This year’s roster saw an average 62% growth in annual sales to generate a combined $45 billion, and netted $9 billion in profit. The markets rewarded them too. Their combined market value rose 22% to $254 billion this year; on average the stock price of these candidates grew 27%.

Companies from China, Hong Kong and Taiwan account for over half of our list with 108 entries, up slightly from last year (100). Aier Eye Hospital is making its third consecutive appearance and is the largest of all 200 companies in terms of market value, worth $12.3 billion. It serves 4 million patients annually at more than 200 specialized eye hospitals in 30 provinces in mostly rural, under-served areas, and employs over 25,000. Last year it expanded to Hong Kong and acquired its first facility in the United States, Wang Eye Institute in Nashville, Tennessee, for $17 million. Revenue increased 46% last year to $880 million. It could grow off our list next year.