Global Automobiles Undiscovered Gems With Strong Fundamentals

Nishikawa Rubber

Market Cap: JP¥117.4b

Manufactures and sells rubber and sealing products in Japan and internationally.

Guangzhou Tongda Auto Electric

Market Cap: CN¥4.2b

Manufactures and supplies electrical products for bus and coach manufacturers in China.

Fuxin Dare Automotive Parts

Market Cap: CN¥4.1b

Engages in the research, development, manufacture, and sale of automotive parts systems in China and internationally.

Hushan Autoparts

Market Cap: NT$6.8b

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

Shenyang Jinbei Automotive

Market Cap: CN¥6.0b

Engages in the design, production, and sale of auto parts in China.

Shandong Longji MachineryLtd

Market Cap: CN¥3.5b

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

Daewon Sanup

Market Cap: ₩306.4b

Manufactures and sells automobile seats in South Korea, China, Russia, and internationally.

Murakami

Market Cap: JP¥78.8b

Manufactures and sells rear-view mirrors in Japan, the Rest of Asia, North America, and internationally for automobile manufacturers.

SNT Holdings

Market Cap: ₩871.9b

SNT Holdings Co., Ltd engages in manufacturing and selling automobile parts and industrial facilities businesses.

India Nippon Electricals

Market Cap: ₹18.1b

Manufactures and sells electronic ignition systems for the automotive industry in India and internationally.

Sungwoo Hitech

Market Cap: ₩554.3b

Manufactures and sells automobile components in South Korea and internationally.

Atul Auto

Market Cap: ₹12.2b

Manufactures and sells three-wheeler automobiles in India.

Honda Atlas Cars (Pakistan)

Market Cap: PK₨40.0b

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan, Japan, and Thailand.

MiTAC Digital Technology

Market Cap: NT$6.3b

Manufactures and sells automotive electronics, smart IoT, and industrial computer products.

SOFT99corporation

Market Cap: JP¥86.3b

Manufactures and sells chemical products for auto and home care in Japan, Asia, North America, and internationally.

Ningbo Heli Technology

Market Cap: CN¥2.8b

Designs, develops, manufactures, and sells casting molds in China and internationally.

Dalian Demaishi Precision Technology

Market Cap: CN¥5.5b

Dalian Demaishi Precision Technology Co., Ltd.

Winstech Precision Holding

Market Cap: CN¥3.5b

Engages in stamping, welding, and assembly of precision automobile stamping dies and auto parts for the automotive industry in China.

Fuji Oozx

Market Cap: JP¥17.9b

Engages in the manufacturing and sale of engine valves and other engine related components in Japan and internationally.

Zhejiang Huayuan Auto Technology

Market Cap: CN¥8.4b

Zhejiang Huayuan Auto Technology Co., Ltd.

Toyota Caetano Portugal

Market Cap: €227.5m

Imports, assembles, and commercializes light and heavy vehicles.

Serendip HoldingsLtd

Market Cap: JP¥20.1b

Operates business succession support, management consulting, M&A advisory, corporate revitalization support, corporate advisory, professional manager dispatch, and other incidental business in Japan.

SMBEXEL

Market Cap: ₩224.4b

Manufactures and sells batteries in South Korea.

Nantong Chaoda EquipmentLtd

Market Cap: CN¥3.6b

Designs and sells automotive interior and exterior molds in China.

SUMINOE

Market Cap: JP¥16.0b

Engages in the planning, manufacture, and sale of interior products in Japan, North and Central America, Asia, and internationally.

Eagle IndustryLtd

Market Cap: JP¥125.9b

Manufactures, markets, and sells mechanical seals, special valves, and other sealed products in Japan and internationally.

Ashimori Industry

Market Cap: JP¥24.9b

Manufactures and sells automotive safety systems in Japan and internationally.

Zhejiang Dehong Automotive Electronic & Electrical

Market Cap: CN¥4.9b

Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.

Banco Products (India)

Market Cap: ₹101.2b

Engages in the manufacture and sale of heat exchangers/cooling systems in India and internationally.

Rane (Madras)

Market Cap: ₹20.5b

Engages in the manufacture and marketing of auto components for transportation industry in India and internationally.

Shandong Gold PhoenixLtd

Market Cap: CN¥3.5b

Engages in the research, development, production, and sale of friction materials and brake products in China and internationally.

Launch Tech

Market Cap: HK$3.5b

Provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally.

Changchun Yidong ClutchLTD

Market Cap: CN¥2.8b

Engages in the development, production, and sales of automobile clutches in China and internationally.

Societe Africaine de Plantations d'Heveas Société anonyme

Market Cap: XOF 200.5b

Produces natural rubber.

Ruifeng Power Group

Market Cap: HK$7.9b

An investment holding company, engages in the design, development, manufacture, and sale of cylinder blocks and heads in the People's Republic of China.

RACL Geartech

Market Cap: ₹11.5b

Manufactures and sells automotive components.