Global Automobiles Undiscovered Gems With Strong Fundamentals

Saint-Gobain Sekurit India

Market Cap: ₹9.8b

Manufactures and sells laminated and tempered automotive glass in India.

Thai Steel Cable

Market Cap: ฿3.9b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Bosch Fren Sistemleri Sanayi ve Ticaret

Market Cap: ₺19.6b

Bosch Fren Sistemleri Sanayi ve Ticaret A.S.

KABE Group AB (publ.)

Market Cap: SEK 1.8b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

Changchun FAWAY Group Automobile Components

Market Cap: CN¥7.6b

Engages in the design, manufacture and sales of automotive interior and exterior parts and components in China.

Hi-Lex

Market Cap: JP¥110.7b

Operates in the automotive, industrial equipment, and medical equipment sectors in Japan and internationally.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.3b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

Xuelong GroupLtd

Market Cap: CN¥3.8b

Engages in the research, development, production, and sale of internal combustion engine cooling systems and automotive lightweight plastic products that are used in commercial vehicles, construction machinery, and agricultural machinery sectors.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.4b

TianJin JinRong TianYu Precision Machinery Inc.

Guangzhou Ruili Kormee Automotive Electronic

Market Cap: CN¥9.4b

Guangzhou Ruili Kormee Automotive Electronic Co., Ltd.

Hangzhou Zhengqiang

Market Cap: CN¥4.7b

Engages in the production and sale of automobile products in China and internationally.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥5.6b

Engages in the research, development, manufacture, and sale of chain transmission systems in China and internationally.

Ohashi Technica

Market Cap: JP¥29.4b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, China, Thailand, ASEAN, Europe, Taiwan, and internationally.

Wuxi Xinan Technology

Market Cap: CN¥2.7b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars in China.

Wuhan Lincontrol Automotive Electronics

Market Cap: CN¥3.2b

Wuhan Lincontrol Automotive Electronics Co., Ltd.

Nihon Tokushu Toryo

Market Cap: JP¥49.8b

Provides automotive products and paints and coatings in Japan, rest of Asia, and internationally.

LinhaiLtd

Market Cap: CN¥2.2b

Engages in the manufacture and sale of all-terrain vehicles, agricultural machinery, forest and fire-fighting machinery products, motorcycles, and other spare parts in China.

Tigers Polymer

Market Cap: JP¥18.3b

Manufactures and sells rubber hoses, sheets, and molded products primarily to automotive, electrics, air conditioning, construction and housing, and industrial materials markets in Japan, Southeast Asia, the Americas, and China.

Xiamen Sunrise Group

Market Cap: CN¥4.9b

Engages in the design, research and development, production, and sale of steel products in China and internationally.

Shanghai Automobile Air-Conditioner Accessories

Market Cap: CN¥5.1b

Shanghai Automobile Air-Conditioner Accessories Co., Ltd.

Qingdao Hi-Tech Moulds & Plastics Technology

Market Cap: CN¥3.1b

Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd.

Yantai Yatong Precision Mechanical

Market Cap: CN¥3.3b

Engages in the research and development, production, sale, and service of auto parts and mining auxiliary transportation equipment in China.

Aotecar New Energy Technology

Market Cap: CN¥7.9b

Engages in the production and sale of automotive thermal management systems and components.

Nanning Baling Technology

Market Cap: CN¥1.9b

Engages in the research, development, production, and sale of automotive parts in Mainland China.

Kian Shen

Market Cap: NT$4.8b

Manufactures and sells automobile body frames, stamping dies, and woodworking products in parts in Taiwan.

Kirana Megatara

Market Cap: Rp2.3t

Produces and sells crumb rubber in Indonesia.

P.C.S. Machine Group Holding

Market Cap: ฿4.5b

Manufactures and distributes automotive parts in Asia, Europe, and internationally.

Hushan Autoparts

Market Cap: NT$6.9b

Manufactures and sells aftermarket door handles for cars in Taiwan and internationally.

Nissan Shatai

Market Cap: JP¥137.6b

Designs, develops, manufactures, and sells vehicles in Japan and internationally.

Nichirin

Market Cap: JP¥48.8b

Manufactures and sells automotive and housing hoses, and related parts in Japan and internationally.

APM Automotive Holdings Berhad

Market Cap: RM 641.2m

An investment holding company, designs, assembles, manufactures, produces, and distributes automotive and locomotive components in Malaysia, Indonesia, Vietnam, Europe, the United States, Australia, and internationally.

China Automotive Systems

Market Cap: US$129.1m

Through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China, the United States, and internationally.

Cub Elecparts

Market Cap: NT$12.6b

Manufactures and supplies automobile electrical and electronic parts in Taiwan, China, the United States, Germany, and internationally.

Shentong Technology Group

Market Cap: CN¥6.0b

Engages in research and development, manufacturing, and sales of molds and auto parts in China and internationally.

ikuyoLtd

Market Cap: JP¥21.6b

Manufactures, produces, and sells synthetic resin products in Japan.

Shandong Longji MachineryLtd

Market Cap: CN¥3.5b

Engages in the research, development, production, and sale of automotive brake components in China and internationally.