Global Capital Goods Undiscovered Gems With Strong Fundamentals

NippiIncorporated

Market Cap: JP¥37.4b

Manufactures and sells collagen and gelatin products in Japan, Thailand, rest of Asia, North America, and internationally.

Trinity Industrial

Market Cap: JP¥18.6b

Designs, manufactures, sells, and installs coating plants, machinery, and industrial equipment in Japan.

Sata Construction

Market Cap: JP¥17.5b

Engages in the contracting and investigation, planning and designing, and supervision of civil engineering and other construction works in Japan.

Fukuda

Market Cap: JP¥60.1b

Operates in the construction and real estate business.

Tanabe Engineering

Market Cap: JP¥25.7b

Engages in plant construction and machinery production activities in Japan.

Kumpulan Fima Berhad

Market Cap: RM 674.9m

An investment holding company, engages in bulking, plantation, food, and manufacturing businesses in Malaysia, Indonesia, and Papua New Guinea.

Xiangtan Yongda Machinery Manufacturing

Market Cap: CN¥4.0b

Xiangtan Yongda Machinery Manufacturing Co., Ltd.

Cheryong ElectricLtd

Market Cap: ₩583.9b

Manufactures and sells power electric equipment in South Korea.

KTK Group

Market Cap: CN¥8.6b

Research, develops, produces, sells, and service interior systems, electrical controlling systems, and vehicle equipment for high-speed trains, metro, LRV, and ordinary rail passenger cars in China and internationally.

Kedge Construction

Market Cap: NT$11.6b

Kedge Construction Co., Ltd. constructs, develops, leases, and sells housing and building properties in Taiwan.

Kitagawa

Market Cap: JP¥15.9b

Manufactures and supplies synthetic metals, machine tool accessories, and industrial machinery in Japan and internationally.

Jiangsu Newamstar Packaging MachineryLtd

Market Cap: CN¥3.3b

Engages in the research and development, manufacturing, and sale of beverage packaging machinery in China and internationally.

Wakachiku Construction

Market Cap: JP¥57.0b

Engages in construction and real estate businesses.

Anhui Gourgen Traffic ConstructionLtd

Market Cap: CN¥8.0b

Anhui Gourgen Traffic Construction Co.,Ltd.

MH Robot & Automation

Market Cap: CN¥4.7b

Provides intelligent equipment systems, Internet of Things system, planning and design, and EPC services in China and internationally.

GFC

Market Cap: NT$21.9b

Manufactures and sells elevators, escalators, and generators in Taiwan.

MEISEI INDUSTRIALLtd

Market Cap: JP¥76.1b

Operates as a construction works company in Japan and internationally.

Sumiseki HoldingsInc

Market Cap: JP¥34.5b

Imports, purchases, and sells coal in Japan.

Audix

Market Cap: NT$7.0b

Manufactures, markets, trades in, and distributes electronic components in Taiwan and the rest of Asia.

China Nerin Engineering

Market Cap: CN¥7.5b

Operates as an engineering technology company in China and internationally.

Maezawa Kyuso IndustriesLtd

Market Cap: JP¥30.4b

Designs, manufactures, and sells water supply equipment in Japan.

C Sun Mfg

Market Cap: NT$25.9b

Provides various processing equipment in Taiwan, China, and internationally.

Zhejiang Huaye Plastics Machinery

Market Cap: CN¥4.2b

Zhejiang Huaye Plastics Machinery Co., Ltd.

Chen Hsong Holdings

Market Cap: HK$1.2b

An investment holding company, engages in the manufacture and sale of plastic injection molding machines and related products in Mainland China, Hong Kong, Taiwan, and internationally.

Matsui Construction

Market Cap: JP¥42.1b

Engages in the civil engineering, designing, supervising, and construction business in Japan.

SanFeng Intelligent Equipment Group

Market Cap: CN¥12.8b

SanFeng Intelligent Equipment Group Co., Ltd.

WPIL

Market Cap: ₹37.6b

Engages in designing, developing, manufacturing, erecting, commissioning, and servicing pumps and pumping systems in India and internationally.

Build King Holdings

Market Cap: HK$1.9b

An investment holding company, engages in the building construction and civil engineering works in Hong Kong and the People's Republic of China.

Shenzhen Cheng Chung Design

Market Cap: CN¥3.8b

Provides decoration design and engineering, and construction services for hotels, residences, office buildings, clubs, and commercial complexes in China.

Beijing Emerging Eastern Aviation Equipment

Market Cap: CN¥4.0b

Beijing Emerging Eastern Aviation Equipment Co., Ltd.

Jiangsu NanFang PrecisionLtd

Market Cap: CN¥9.5b

Research and development, manufacturing, and sale of needle roller bearings, one-way clutches, one-way pulley assemblies, and mechanical parts in China and internationally.

Obara Group

Market Cap: JP¥62.4b

Engages in the manufacture and sale of resistance welder, arc welder, laser equipment, polisher, cleaner/washer, and consumables in Japan and internationally.

Nam Cheong

Market Cap: S$331.2m

An investment holding company, provides shipbuilding and vessel chartering.

Zhejiang Langdi Group

Market Cap: CN¥4.4b

Manufactures and sells household air conditioning wheels, mechanical fans, and polymer composite materials in China.

DN HoldingsLtd

Market Cap: JP¥17.1b

Engages in the construction consulting and geological survey businesses in Japan.

Seibu Electric & Machinery

Market Cap: JP¥34.7b

Manufactures and sells mechatronics in Japan.