Global Capital Goods Undiscovered Gems With Strong Fundamentals

Dekpol

Market Cap: zł434.9m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.

Nederman Holding

Market Cap: SEK 6.2b

Operates as an environmental technology company.

Mirbud

Market Cap: zł1.4b

Operates as a general contractor in the construction industry in Poland.

Omega Flex

Market Cap: US$294.8m

Manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥4.7b

ShenZhen QiangRui Precision Technology Co., Ltd.

Chongqing Machinery & Electric

Market Cap: HK$3.1b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

Wuhan Guide Technology

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of industrial automation products in China and internationally.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥3.8b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Martifer SGPS

Market Cap: €175.5m

Operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally.

Changshu Fengfan Power Equipment

Market Cap: CN¥4.9b

Changshu Fengfan Power Equipment Co., Ltd.

Indo Tech Transformers

Market Cap: ₹24.3b

Manufactures and distributes transformers in India and internationally.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥2.7b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

New Asia Construction & Development

Market Cap: NT$3.7b

Provides public construction services for governments in Taiwan.

China Electric Mfg

Market Cap: NT$4.2b

Manufactures and sells electrical appliances, lighting products, and related accessories in Taiwan.

Zhejiang E-P Equipment

Market Cap: CN¥13.4b

Engages in the research and development, production, and sale of electric forklifts and other motorized industrial vehicles in China and internationally.

Hiconics Eco-energy Technology

Market Cap: CN¥5.5b

Engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally.

Moury Construct

Market Cap: €201.1m

Engages in the construction and renovation of residential and non-residential buildings for private and public markets in Belgium.

Nikko

Market Cap: JP¥25.6b

Engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia.

Kangping Technology (Suzhou)

Market Cap: CN¥2.2b

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

Macpower CNC Machines

Market Cap: ₹8.8b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

DorightLtd

Market Cap: CN¥2.4b

Engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving environmental protection equipment in China.

Otec

Market Cap: JP¥20.6b

Trades pipework equipment in Japan.

Guangdong Lingxiao Pump IndustryLtd

Market Cap: CN¥5.5b

Guangdong Lingxiao Pump Industry Co.,Ltd.

Tai Sin Electric

Market Cap: S$184.1m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Giant Heavy Machinery Service

Market Cap: NT$9.4b

Provides transportation equipment contracting services in Taiwan.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥6.9b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

TKD Science and TechnologyLtd

Market Cap: CN¥5.3b

Researches, develops, produces, and sells quartz frequency control components and production equipment in primarily China.

Pizu Group Holdings

Market Cap: HK$1.9b

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

Pro-Hawk

Market Cap: NT$5.3b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Wooyang HC

Market Cap: ₩271.1b

Engages in the production and sale of equipment for use in petrochemical, power, and fine chemical plants.

Sinomag Technology

Market Cap: CN¥3.9b

Engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide.

Center International GroupLtd

Market Cap: CN¥5.0b

Provides building metal enclosure systems solutions in China.

Creative & Innovative System

Market Cap: ₩554.7b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥2.6b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

Wuxi Chemical Equipment

Market Cap: CN¥3.8b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Lemtech Holdings

Market Cap: NT$5.2b

Research, develops, produces, and sells precision metal dies and metal stampings in Asia, the Americas, and Europe.