Global Capital Goods Undiscovered Gems With Strong Fundamentals

Agostini's

Market Cap: TT$4.6b

Engages in trading and distribution, and manufacturing/packaging of certain food products in the Republic of Trinidad and Tobago, Barbados, and internationally.

Goodwin

Market Cap: UK£566.2m

Provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.

Azkoyen

Market Cap: €221.4m

Designs, manufactures, and markets technology solutions in Spain and internationally.

Superkrane Mitra Utama

Market Cap: Rp3.1t

Provides general trading and heavy equipment rental services in Indonesia.

Create Technology & ScienceLtd

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of high-voltage insulators for power transmission and transformation, clean environmental protection equipment and engineering in China and internationally.

Hyundai Everdigm

Market Cap: ₩142.4b

Produces and sells construction and mining equipment, and rescue products in South Korea and internationally.

Guangdong Yangshan United Precision Manufacturing

Market Cap: CN¥2.7b

Guangdong Yangshan United Precision Manufacturing Co., Ltd.

Shandong Tengda Fasten Tech

Market Cap: CN¥4.1b

Engages in the research and development, production, and sale of stainless-steel fasteners in China.

Hong-Wei Electrical Industry

Market Cap: NT$7.0b

Engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan and internationally.

Desiccant Technology

Market Cap: NT$5.9b

Manufactures and sells industrial dehumidification, drying, and pollution control equipment in Taiwan and China.

WakitaLTD

Market Cap: JP¥84.2b

Operates construction equipment, trading, and real estate businesses in Japan.

Samyung Trading

Market Cap: ₩294.9b

Primarily supplies organic and inorganic chemical products worldwide.

Semba

Market Cap: JP¥18.5b

Plans, designs, constructs, and supervises commercial spaces in Japan, Taiwan, and internationally.

Yamazen

Market Cap: JP¥104.7b

Provides production equipment, housing equipment/materials, and home products worldwide.

Yuan Jen EnterprisesLtd

Market Cap: NT$5.2b

Operates as a petrochemical trading company.

Kanaden

Market Cap: JP¥43.7b

Operates as an electronics solutions company in Japan and internationally.

G-SHANK Enterprise

Market Cap: NT$14.9b

An investment holding company, engages in the production and sales of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components in Taiwan and internationally.

Kuen Ling Machinery Refrigerating

Market Cap: NT$3.4b

Kuen Ling Machinery Refrigerating Co., Ltd.

Nantong Haixing Electronics

Market Cap: CN¥3.5b

Engages in the research, development, production, and sale of electrode foils for aluminum electrolytic capacitors in the People’s Republic of China.

QST International

Market Cap: NT$10.4b

Manufactures and sells automotive fasteners and metal parts worldwide.

Weichai Heavy Machinery

Market Cap: CN¥11.8b

Develops, manufactures, and sells diesel engines, generating units, and power integration systems for ship power and power generation equipment in China.

Motic (Xiamen) Electric GroupLtd

Market Cap: CN¥8.1b

Researches, develops, produces, and sells insulation products and other related components for the power transmission and transformation industry in China.

Chongqing VDL Electronics

Market Cap: CN¥4.0b

Engages research and development, design, production, and sale of consumer rechargeable lithium-ion battery products in China.

Guodian Nanjing Automation

Market Cap: CN¥8.2b

Engages in the manufacture and sale of industrial power automation equipment in China and internationally.

Waste Recovery Technology

Market Cap: NT$4.0b

Engages in the recycled metal service, and waste liquid electrolysis recovery equipment in Taiwan.

Kemflo International

Market Cap: NT$14.8b

Manufactures and sells water purification and filtration products in Taiwan and internationally.

Soda Nikka

Market Cap: JP¥24.5b

Engages in the trading of chemicals in Japan and internationally.

Tomoe

Market Cap: JP¥56.4b

Operates in the general construction, steel structures construction, and real estate businesses in Japan.

Hashimoto Sogyo HoldingsLtd

Market Cap: JP¥25.7b

Engages in the processing, manufacture, and sale of plumbing and housing equipment in Japan.

DY Power

Market Cap: ₩138.1b

Engages in production and sales of hydraulic cylinders for construction equipment in Korea.

Kodensha

Market Cap: JP¥20.2b

Engages in the construction business in Japan.

Daisue Construction

Market Cap: JP¥23.1b

Operates as a construction company in Japan.

Tenryu Saw Mfg

Market Cap: JP¥17.4b

Manufactures and sells saw blades in Japan and internationally.

TOBISHIMA HOLDINGS

Market Cap: JP¥34.8b

Engages in the construction business in Japan and internationally.

Kimura Chemical Plants

Market Cap: JP¥17.5b

Operates as an engineering company.

DMW

Market Cap: JP¥19.7b

Engages in the manufacture and sale of fluid machinery in Japan and internationally.