This report provides a deep insight into the Tiger Cub economies, namely the Indonesian, Malaysian, Philippine, Thai, and Vietnamese economies. These countries are on a similar path of development as the Asian Tigers and are on the verge of becoming highly industrialized countries. In order to present the current economic state and the level of development in the Tiger Cubs economies, this analysis examines the annual reports of over 1500 companies listed on the local stock markets in ten different sectors. The following service sectors are covered: Commercial services Consumer services Retail trade Technology services Additionally, six manufacturing sectors are analyzed throughout the report: Consumer durables Consumer non-durables Electronic technologies Non-energy minerals Process industries Producer manufacturing The analysis focuses on the various sectors and deep dives into significant sectors as well as the highlighting of individual companies help understand sector differences and key learnings. Additional country comparisons reveal the level of development in each country. First, based on the data provided in the financial statements of the companies, efficiency KPIs are examined, such as revenue, expenses, and revenue per employee. Afterward, the balance sheets are analyzed. The applied solvency and activity ratios help access the company’s ability to pay its short-term and long-term obligations. Finally, EBIT and EBITDA margins, as well as return on assets, are examined which show the profitability of each sector. Despite the depth of information presented in this study, the key findings are easily accessible. The report helps with investing decisions, market analysis, and competitor benchmarking.