Global Automobiles Undiscovered Gems With Strong Fundamentals

Changchun Yidong ClutchLTD

Market Cap: CN¥2.8b

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

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.

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.

Banco Products (India)

Market Cap: ₹101.2b

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

Precision Camshafts

Market Cap: ₹14.8b

Engages in the manufacture and sale of castings and machined camshafts for the automobile industry in India, Asia, Europe, and internationally.

RACL Geartech

Market Cap: ₹11.5b

Manufactures and sells automotive components.

NITTAN

Market Cap: JP¥18.4b

Manufactures and distributes engine valves in Japan.

Shanghai Lianming Machinery

Market Cap: CN¥3.2b

Engages in the automotive industry in China and internationally.

Shanghai Xinpeng IndustryLtd

Market Cap: CN¥5.1b

Engages in the manufacture of automotive parts, metal and communication parts in China and internationally.

Zhejiang Liming Intelligent ManufacturingLtd

Market Cap: CN¥3.2b

Zhejiang Liming Intelligent Manufacturing Co.,Ltd.

Furukawa Battery

Market Cap: JP¥45.7b

Manufactures and sells storage batteries in Japan and internationally.

Zhejiang Jindao Technology

Market Cap: CN¥4.0b

Engages in the research and development, production, and sales of transmission devices for various types of forklifts and other industrial vehicles in China and internationally.

Bharat Seats

Market Cap: ₹11.1b

Manufactures and sells seating systems and interior components for the automotive and surface transport industries in India.

NDR Auto Components

Market Cap: ₹20.0b

Manufactures, fabricates, assembles, sells, and trades in automotive components for passenger cars and utility vehicles in India.

Federal-Mogul Goetze (India)

Market Cap: ₹26.0b

Manufactures, supply, and distributes automotive components for two/three/four-wheeler automobiles in India and internationally.

Ghandhara Industries

Market Cap: PK₨34.9b

Engages in the manufacture, assembly, and marketing of Isuzu trucks, buses, and pick-up trucks in Pakistan.

YAPP Automotive Systems

Market Cap: CN¥10.9b

Engages in the research and development, manufacturing, and sale and service of energy storage system products and thermal management system products.

Sumitomo Riko

Market Cap: JP¥267.3b

Engages in the manufacture and sale of automotive parts.

WuHu Foresight TechnologyLtd

Market Cap: CN¥7.0b

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

Xiangyang Changyuandonggu Industry

Market Cap: CN¥9.3b

Xiangyang Changyuandonggu Industry Co., Ltd.

Shanghai SK Automation TechnologyLtd

Market Cap: CN¥7.3b

Engages in the research, development, production, and sale of intelligent manufacturing equipment for new energy vehicles and fuel vehicles.

Topre

Market Cap: JP¥116.7b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

Luyuan Group Holding (Cayman)

Market Cap: HK$5.3b

Through its subsidiaries, development, manufacture, and sale of electric vehicles and related accessories in Mainland China.

Pricol

Market Cap: ₹73.9b

Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.

G-Tekt

Market Cap: JP¥80.9b

Manufactures and sells auto body components and transmission parts in Japan and internationally.

E-Lead Electronic

Market Cap: NT$5.6b

Designs and manufactures electronics devices for automotive industry in Taiwan and internationally.

TPR

Market Cap: JP¥85.8b

Engages in the development and sale of engine components in Japan, Asia, North America, and internationally.

Eurocharm Holdings

Market Cap: NT$9.1b

Manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts in Taiwan, Vietnam, the United States, and internationally.

Zhejiang Shibao

Market Cap: HK$8.9b

Researches, designs, develops, manufactures, and sells automotive steering systems and accessories in the People’s Republic of China.

Wuling Motors Holdings

Market Cap: HK$1.6b

An investment holding company, engages in trading and manufacturing of automotive components, engines, and specialized vehicles in the People's Republic of China and internationally.

Ichikoh Industries

Market Cap: JP¥48.7b

Designs, develops, manufactures, and sells automotive lamps and other products for automobile manufacturers in Japan and internationally.

Shriram Pistons & Rings

Market Cap: ₹141.6b

Manufactures and sells automotive components in India.

Hangzhou XZB Tech

Market Cap: CN¥10.9b

Engages in the research and development, production, and sale of precision parts in China and internationally.

Zhejiang Asia-Pacific Mechanical & ElectronicLtd

Market Cap: CN¥9.2b

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

KYB

Market Cap: JP¥203.9b

Manufactures and sells automotive, hydraulic, and aircraft components worldwide.

Songz Automobile Air Conditioning

Market Cap: CN¥5.3b

Provides mobile thermal management systems in China and internationally.