Global Capital Goods Undiscovered Gems With Strong Fundamentals

Wieson Technologies

Market Cap: NT$3.5b

Manufactures and sells interconnect components and wireless components.

Kuzey Boru Anonim Sirketi

Market Cap: ₺7.5b

Produces and sells plastic pipes and fittings in Turkey and internationally.

GPT Infraprojects

Market Cap: ₹15.9b

Engages in the execution of civil and infrastructure projects in India and internationally.

Dong-Ah Geological Engineering

Market Cap: ₩219.1b

Dong-Ah Geological Engineering Company Ltd.

Cheng Fwa Industrial

Market Cap: NT$3.6b

Manufactures and supplies precision stamping metal parts for computer, telecommunication, networking, and electronic industries in Taiwan.

Qingdao Weflo Valve

Market Cap: CN¥2.4b

Engages in the design and manufacture of valve and fire hydrant products worldwide.

Kyokuto Boeki Kaisha

Market Cap: JP¥18.1b

Primarily operates as an engineering trading company in Japan and internationally.

Zhuzhou Tianqiao Crane

Market Cap: CN¥5.2b

Manufactures and sells material handling equipment for electrolytic aluminum, steel, construction machinery, and non-ferrous industries in China and internationally.

Arabian United Float Glass

Market Cap: ر.س701.9m

Manufactures and sells glass products in the Kingdom of Saudi Arabia.

Zippy Technology

Market Cap: NT$8.0b

Engages in the designing, manufacturing, and trading of micro switches and power supplies in Taiwan, the United States, Mainland China, Germany, Italy and internationally.

Zhejiang Weigang Technology

Market Cap: CN¥3.0b

Provides label printing machines and converting machines in China.

Best Precision Industrial

Market Cap: NT$5.6b

Designs, manufactures, and sells precision optical molds and components in Taiwan, China, Southeast Asia, and internationally.

Chengdu Leejun Industrial

Market Cap: CN¥12.3b

Researches and develops, designs, manufactures, sells, and services grinding process system equipment in the People’s Republic of China and internationally.

Shenzhen V&T Technologies

Market Cap: CN¥4.4b

Engages in the research and development, manufacture, and sale of medium and low voltage inverters, electric vehicle motor controllers, servo drives, inverters, and other power electronic products in China and internationally.

Zhejiang Yuejian Intelligent EquipmentLtd

Market Cap: CN¥4.0b

Zhejiang Yuejian Intelligent Equipment Co.,Ltd.

Paras Defence and Space Technologies

Market Cap: ₹69.4b

Designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.

Kung Long Batteries IndustrialLtd

Market Cap: NT$11.4b

Engages in the manufacture and sale of lead-acid batteries in Taiwan.

Anhui Anfu Battery TechnologyLtd

Market Cap: CN¥6.3b

Research, develops, produces, and sells zinc-manganese batteries in China.

Zhejiang Feida Environmental Science & Technology

Market Cap: CN¥4.4b

Zhejiang Feida Environmental Science & Technology Co., Ltd.

Guangzhou Huayan Precision MachineryLtd

Market Cap: CN¥4.2b

Guangzhou Huayan Precision Machinery Co.,Ltd.

Oswal Pumps

Market Cap: ₹84.0b

Oswal Pumps Limited manufacturers and sells solar pumps in India and internationally.

SRM Contractors

Market Cap: ₹10.9b

Operates as an engineering construction and development company in India.

Bharat Bijlee

Market Cap: ₹34.0b

Operates as an electrical engineering company in India and internationally.

Boustead Singapore

Market Cap: S$762.0m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of the Asia Pacific, North and South America, the Middle East, and Africa.

Dalian Insulator Group

Market Cap: CN¥4.0b

Engages in the research, development, manufacture, and sale of porcelain insulators in China and internationally.

Hunan SUND Technological

Market Cap: CN¥4.2b

Researches, develops, produces, and sells bearing products and transmission systems in China.

Jiangxi Xinyu Guoke Technology

Market Cap: CN¥9.7b

Manufactures and sells military products.

Chugai Ro

Market Cap: JP¥23.5b

Engages in the development of technologies in the thermal technology field in Japan and internationally.

Spectrum Electrical Industries

Market Cap: ₹23.4b

Designs, manufactures, and sells electrical, automobile, and irrigation components in India.

MARUKA FURUSATO

Market Cap: JP¥54.6b

Engages in the machinery and tools, construction machinery and materials, and IoT businesses in Japan.

Singamas Container Holdings

Market Cap: HK$1.6b

An investment holding company, manufactures and sells containers and other related products.

Beijing Jingneng Thermal

Market Cap: CN¥2.9b

Engages in the heating business in China.

Plasson Industries

Market Cap: ₪2.3b

Develops, manufactures, and markets technical products in Israel, Europe, Brazil, Oceania, the United States, Asia, Africa, and rest of the Americas.

Hsino Tower Group

Market Cap: CN¥11.6b

Engages research, development, production, and sale of transmission line towers and voltage level structures.

Aryt Industries

Market Cap: ₪2.3b

Through its subsidiaries, develops, produces, and markets electronic thunderbolt for the defense market in Israel.

Groupe ETPO

Market Cap: €96.4m

Operates as a construction company in France.