Taiwanese Automobiles Potentially Undervalued Companies

Hu Lane Associate

Market Cap: NT$16.3b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Tong Yang Industry

Market Cap: NT$57.6b

Engages in the manufacture and sale of parts, components, and models for automobiles and motorcycles in Taiwan, China, the United States, and internationally.

Eurocharm Holdings

Market Cap: NT$8.8b

Manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts in Taiwan, Vietnam, the United States, and internationally.

Young Shine Electric

Market Cap: NT$2.3b

Manufactures and exports automotive air-conditioning compressors and heat exchangers in Taiwan.

Gordon Auto Body Parts

Market Cap: NT$4.8b

Manufactures and sells automotive metal replacement crash parts worldwide.

HORNG SHIUE HOLDING

Market Cap: NT$783.9m

Engages in the manufacture, processing, and trading of automotive sheet metal stamping dies and gauges in Asia, South America, Europe, and Africa.

Cheng Shin Rubber Ind

Market Cap: NT$127.9b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Depo Auto Parts Industrial

Market Cap: NT$24.1b

Manufactures and sells automotive and other related lighting products.

Shining Victory Motor Electronic

Market Cap: NT$2.1b

Shining Victory Motor Electronic Co., Ltd.

Fine Blanking & Tool

Market Cap: NT$2.2b

Manufactures and trades automobiles, motorcycle parts, and various molds in Taiwan.

World Known MFG (Cayman)

Market Cap: NT$1.8b

Manufactures and sells automobile and green energy parts in the United States and internationally.

Mobiletron ElectronicsLtd

Market Cap: NT$3.0b

Engages in the design, manufacture, and sale of automotive parts in Taiwan.