Global Capital Goods Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

SBS Philippines

Market Cap: ₱6.0b

Engages in chemical trading and distribution in the Philippines.

Nanfang Ventilator

Market Cap: CN¥6.1b

Designs and manufactures HVAC products in China.

Xiamen Jiarong TechnologyLtd

Market Cap: CN¥3.2b

Manufactures and sells environmental protection equipment.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥6.2b

Guangdong Lingxiao Pump Industry Co.,Ltd.

DYPNFLtd

Market Cap: ₩151.3b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.8b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Shenyang Yuanda Intellectual Industry GroupLtd

Market Cap: CN¥4.5b

Researches, develops, manufactures, installs, and sells elevators in China and internationally.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.2b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

ASL Marine Holdings

Market Cap: S$146.2m

Provides marine services in Singapore, Indonesia, Asia Pacific, South Asia, Europe, the Middle East, and Australia.

Indo Tech Transformers

Market Cap: ₹18.8b

Manufactures and sells transformers in India and internationally.

Te Chang Construction

Market Cap: NT$7.0b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Lumax International

Market Cap: NT$10.1b

Provides electronic components and program-controlled instruments in Taiwan and China.

Enviro Infra Engineers

Market Cap: ₹43.3b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Pizu Group Holdings

Market Cap: HK$2.1b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

SML Isuzu

Market Cap: ₹53.1b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Saha-Union

Market Cap: ฿8.7b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Amir Marketing and Investments in Agriculture

Market Cap: ₪422.7m

Supplies and markets agricultural inputs in Israel.

Mamata Machinery

Market Cap: ₹11.4b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥9.4b

ShenZhen QiangRui Precision Technology Co., Ltd.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥8.1b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Hayleys

Market Cap: LK₨130.7b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Zhejiang Yilida VentilatorLtd

Market Cap: CN¥3.8b

Engages in the manufacture and sales of central air conditioner and building fans in China and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.9t

Manages and operates container terminals in Indonesia and internationally.

Champion Building MaterialsLtd

Market Cap: NT$3.6b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥4.3b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥6.9b

Provides green energy solutions worldwide.

Shanghai Guangdian Electric Group

Market Cap: CN¥3.3b

Shanghai Guangdian Electric Group Co., Ltd.

Tsubakimoto Kogyo

Market Cap: JP¥54.2b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Nippon Sharyo

Market Cap: JP¥41.0b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Chudenko

Market Cap: JP¥216.9b

Operates as an equipment engineering company in Japan.

Kangping Technology (Suzhou)

Market Cap: CN¥3.4b

Engages in the research and development, design, production, and sale of motors and related products.

ZHEJIANG DIBAY ELECTRICLtd

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of sealed motors for household, commercial, and vehicle compressors in China and internationally.

Changchai Company

Market Cap: CN¥3.6b

Produces and sells small and medium-sized single cylinder and multi-cylinder diesel engines under the Changchai brand in the People’s Republic of China and internationally.