Taiwanese Capital Goods Potentially Undervalued Companies

Chicony Power Technology

Market Cap: NT$39.4b

Develops, manufactures, and sells switching power supplies, electronic components and LED lighting modules, and smart building solutions in Taiwan.

Evergreen Aviation Technologies

Market Cap: NT$59.9b

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

Chung-Hsin Electric and Machinery Manufacturing

Market Cap: NT$75.8b

Chung-Hsin Electric and Machinery Manufacturing Corp.

CKM Applied Materials

Market Cap: NT$2.5b

Engages in the manufacture and trading of building materials.

Leader Electronics

Market Cap: NT$2.3b

Produces and sells transformers, power converters, and power supply units in Taiwan, Mainland China, the Philippines, the United States, Germany, Malaysia, and internationally.

Te Chang Construction

Market Cap: NT$6.8b

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

New Asia Construction & Development

Market Cap: NT$3.3b

Provides public construction services for governments in Taiwan.

Kuo Toong International

Market Cap: NT$12.5b

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

Shin Zu Shing

Market Cap: NT$46.3b

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.

Tachia Yung Ho Machine Industry

Market Cap: NT$1.2b

Tachia Yung Ho Machine Industry Co., Ltd.

Sanitar

Market Cap: NT$2.9b

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

Ta Tun Electric Wire & Cable

Market Cap: NT$13.8b

Manufactures and sells electric wires and cables in Taiwan.

Anderson Industrial

Market Cap: NT$2.9b

Designs, manufactures, and sells computer numerical control (CNC) machineries in Asia, Europe, North America, South America and internationally.

GFC

Market Cap: NT$22.9b

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

Da-Cin ConstructionLtd

Market Cap: NT$15.6b

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

Cyber Power Systems

Market Cap: NT$19.5b

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

Airtac International Group

Market Cap: NT$150.0b

Manufactures and sells pneumatic control components worldwide.

Kuen Ling Machinery Refrigerating

Market Cap: NT$2.9b

Kuen Ling Machinery Refrigerating Co., Ltd.

Tien Li Offshore Wind Technology

Market Cap: NT$464.9m

Tien Li Offshore Wind Technology Co., Ltd.

Value Valves

Market Cap: NT$4.0b

Engages in the research, development, design, manufacture, inspection, and marketing of valves in Taiwan.

Kemflo International

Market Cap: NT$16.7b

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

Zippy Technology

Market Cap: NT$7.7b

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

Chang Jia M&E Engineering

Market Cap: NT$942.2m

Engages in the planning, design, and engineering contracting of electrical, drainage, and air-conditioning equipment for various commercial buildings and factories in Taiwan.

Sunspring Metal

Market Cap: NT$4.4b

Manufactures, processes, and trades water pipe switch accessories, gate valves, corks, copper pipe fittings, and waterway sanitary equipment in Taiwan and internationally.

GSD Technologies

Market Cap: NT$724.5m

Manufactures and sells environmental protection equipment and its consumables in Asia and internationally.

Kung Long Batteries IndustrialLtd

Market Cap: NT$10.5b

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

Sun Brothers Development

Market Cap: NT$1.8b

Develops, constructs, leases, and sells residential, commercial, and industrial buildings in Taiwan.

China Ecotek

Market Cap: NT$6.8b

Provides planning, design, installation, maintenance, and environmental impact assessment services for environmental protection engineering, cogeneration engineering, and steel industry in Taiwan.

Evertop Wire Cable

Market Cap: NT$6.4b

Engages in the research and development, manufacture, and sale of wires and cables in Taiwan.

De Poan Pneumatic

Market Cap: NT$1.4b

Manufactures and sells professional pneumatic products worldwide.

Parpro

Market Cap: NT$6.3b

Provides electronic manufacturing services (EMS) and original equipment manufacturer (OEM) solutions.

Sinmag Equipment

Market Cap: NT$6.8b

Engages in the manufacture, retail, and wholesale of baking and food service equipment.

Yem Chio Distribution

Market Cap: NT$1.7b

Engages in the sale, import, and export of packaging materials in Taiwan, China, and internationally.

Mirle Automation

Market Cap: NT$13.6b

Engages in the business of automation equipment systems and components in Taiwan, China, and internationally.

Kaulin Mfg

Market Cap: NT$2.0b

Develops, manufactures, and sells industrial sewing machines in Taiwan and internationally.

Rechi Precision

Market Cap: NT$12.1b

Together with its subsidiary, engages in the assembly, processing, manufacture, repair, and trading of refrigerant compressors and design services worldwide.