Taiwanese Capital Goods Potentially Undervalued Companies

Evergreen Aviation Technologies

Market Cap: NT$56.9b

Provides aircraft maintenance services to airline partners in Taiwan and internationally.

Magnate Technology

Market Cap: NT$2.9b

Manufactures and sells aircraft, machinery and equipment, and general instrument components and other related products in Taiwan, Japan, and internationally.

Aerospace Industrial Development

Market Cap: NT$43.1b

Engages in the manufacturing and maintenance of airplanes and its parts and component in Taiwan.

Kuo Toong International

Market Cap: NT$12.3b

Engages in the design, production, and assembly of water supply and division pipes in Taiwan and internationally.

Chicony Power Technology

Market Cap: NT$37.0b

Engages in research, development, manufacturing, and trading of exchange-connected power supplies, electronic components and equipment, LED application products, and smart building systems in Taiwan, Asia, America, Europe, and internationally.

Chung-Hsin Electric and Machinery Manufacturing

Market Cap: NT$74.1b

Chung-Hsin Electric and Machinery Manufacturing Corp.

Sunonwealth Electric Machine Industry

Market Cap: NT$39.5b

Researches, manufactures and sells precision motors and cooling fans worldwide.

Te Chang Construction

Market Cap: NT$8.1b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Lungteh Shipbuilding

Market Cap: NT$14.5b

Engages in the shipbuilding business in Taiwan and Singapore.

Lumax International

Market Cap: NT$11.9b

Trades in electronic components and process control instruments in Taiwan, China, and internationally.

Mega Union Technology

Market Cap: NT$68.9b

Engages in the planning, design, and installation of water and wastewater recycling systems in Taiwan, Singapore, the United States, Mainland China, and internationally.

Hong Tai Electric Industrial

Market Cap: NT$11.3b

Manufactures, processes, and sells wires and cables, and communication products and accessories.

CKM Applied Materials

Market Cap: NT$2.3b

Engages in the manufacture and trading of building materials in Taiwan and internationally.

Pro-Hawk

Market Cap: NT$5.9b

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

Fukuta Electric & Machinery

Market Cap: NT$3.8b

Engages in the research, development, design, manufacture, and sale of various electric motors, and power systems in Taiwan and internationally.

Da-Cin ConstructionLtd

Market Cap: NT$19.0b

Engages in the civil engineering and building construction in Taiwan, Singapore, Malaysia, and Vietnam.

Continental Holdings

Market Cap: NT$16.5b

Engages in construction engineering, real estate development, environmental project development, and water treatment businesses in Taiwan and internationally.

Shin Zu Shing

Market Cap: NT$40.0b

Engages in the research, design, development, production, assembly, testing, manufacturing, and trading of various precision springs, stamping parts, hinge components, CNC lathes, and metal injection molding in Taiwan, Singapore, and China.

New Best Wire IndustrialLtd

Market Cap: NT$3.5b

Engages in the manufacturing and sales of cold heading quality wire drawing and electropolished stainless steel pipe products in Taiwan and China.

Chen Nan Iron WireLtd

Market Cap: NT$1.4b

Manufactures and exports various kinds of fasteners and steel wires in Taiwan.

Cyber Power Systems

Market Cap: NT$17.7b

Designs, manufactures, and sells power protection products and computer peripheral accessories worldwide.

Tatung

Market Cap: NT$58.1b

Through its subsidiaries, provides energy saving and green energy related systems and services in Taiwan, Rest of Asia, Europe, America, and internationally.

Sanitar

Market Cap: NT$2.9b

Engages in the manufacture and distribution of sanitary ware products in Taiwan and internationally.

Kedge Construction

Market Cap: NT$11.0b

Engages in the construction business in Taiwan.

GFC

Market Cap: NT$21.1b

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

Gold Rain Enterprises

Market Cap: NT$3.3b

Research and develops, manufactures, and sells vending machines in Taiwan, China, Japan, the United States, and the Southeast Asian countries.

Quaser Machine Tools

Market Cap: NT$2.6b

Engages in the manufacture and sale of computer numerical control (CNC) machine centers, metal-working machines, and related machines in Europe, Asia, the Americas, Africa, and internationally.

Desiccant Technology

Market Cap: NT$9.2b

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

Tien Li Offshore Wind Technology

Market Cap: NT$433.9m

Tien Li Offshore Wind Technology Co., Ltd.

Hong-Wei Electrical Industry

Market Cap: NT$7.2b

Engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan, Mainland China, and Vietnam.

Kuen Ling Machinery Refrigerating

Market Cap: NT$3.3b

Kuen Ling Machinery Refrigerating Co., Ltd.

G-SHANK Enterprise

Market Cap: NT$25.0b

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.

Hsin Yung Chien

Market Cap: NT$6.9b

Manufactures and sells rubber conveyor belts in Taiwan and internationally.

Chaheng Precision

Market Cap: NT$3.8b

Designs, manufactures, process, and trades aerospace industry components in the United States, France, Taiwan, the Mainland of China, and internationally.

JG Environmental TechnologyLtd

Market Cap: NT$1.0b

Designs, manufactures, and installs air pollution prevention systems and energy and resource recovery equipment.

Kung Long Batteries IndustrialLtd

Market Cap: NT$10.3b

Manufactures and sells lead-acid batteries in Taiwan, Vietnam, Oceania, Asia, Europe, the Middle East, Africa, North America, and South America.