Global Capital Goods Strong Balance Sheet Stocks

Madhav Marbles and Granites

Market Cap: ₹379.5m

Engages in the manufacture and sale of natural stones and tiles in India.

Maximus International

Market Cap: ₹1.6b

Engages in the trading of oils and chemicals in India and internationally.

Cheil Electric

Market Cap: ₩213.5b

Manufactures and sells electrical wiring equipment and related products in South Korea and internationally.

Zenitaka

Market Cap: JP¥46.4b

Provides general contracting services in Japan and internationally.

China Wire & Cable

Market Cap: NT$6.2b

Engages in the production, processing, installation, and sales services of wires and cables, aluminum doors and windows, curtain walls, and various aluminum products in Taiwan.

Nordecon

Market Cap: €20.5m

Operates as a construction company in Estonia and Ukraine.

Nordic Fibreboard

Market Cap: €2.9m

Engages in the production and wholesale of building materials in the European Union, Africa, the Middle East, Asia, and internationally.

Megachem

Market Cap: S$61.3m

An investment holding company, trades in chemicals and chemical-related products in Singapore, Malaysia, the United Kingdom, China, the Middle East, and internationally.

Advancecon Holdings Berhad

Market Cap: RM 120.7m

Provides earthworks and civil engineering services in Malaysia.

Sapphire

Market Cap: S$17.1m

An investment management and holding company, engages in engineering, procurement, and construction business related to the land transport infrastructure and water conservancy and environmental projects in Singapore and China.

Nusa Konstruksi Enjiniring

Market Cap: Rp488.4b

Operates as a general contracting company in Indonesia.

Silkflex Polymers (India)

Market Cap: ₹1.1b

Engages in the trading of the water-based textile printing inks and wood coating polymers products under the Silkflex brand name in India.

Graphex Group

Market Cap: HK$263.6m

Engages in the processing and sale of graphite and graphene products in Mainland China, Hong Kong, and internationally.

National Aerospace Fasteners

Market Cap: NT$7.3b

Engages in the manufacture, processing, agency, and trading of various types of fasteners and construction parts and related components of aircraft and automobiles in Taiwan and internationally.

Cotana Group

Market Cap: ₫868.3b

Operates as a construction contractor and real estate investor in Vietnam.

Cochin Shipyard

Market Cap: ₹493.1b

Engages in the building and repair of ships and offshore structures in India and internationally.

Hengs Technology

Market Cap: NT$1.2b

Operates as a solar energy engineering contractor company.

Doosan Enerbility

Market Cap: ₩40.4t

Operates as an energy company worldwide.

Changshu Guorui TechnologyLtd

Market Cap: CN¥4.7b

Researches, develops, produces, and sells marine and marine engineering electrical and automation systems.

XCMG Construction Machinery

Market Cap: CN¥123.2b

Engages in the manufacture and sale of construction machinery in China.

Shenzhen SED Industry

Market Cap: CN¥24.6b

Provides digital and information, and industrial services in China.

CS Wind

Market Cap: ₩1.8t

Manufactures and sells wind towers and offshore wind substructures in Europe, North America, and Asia.

UPR

Market Cap: JP¥5.9b

Primarily engages in the rental and sale of pallets and logistics equipment in Japan.

TOYOKOH

Market Cap: JP¥36.0b

Provides construction services in Japan.

Tara Chand Infralogistic Solutions

Market Cap: ₹5.6b

Provides logistics solutions in India.

Kikuchi Seisakusho

Market Cap: JP¥4.0b

Engages in design, processing, manufacture, and sale of metal and plastic products in Japan.

Premier Products

Market Cap: ฿372.0m

Manufactures and distributes environmental products related to wastewater treatment and water storage systems, construction materials, and industrial products in Thailand and internationally.

Karbonsteel Engineering

Market Cap: ₹2.6b

Engages in the design, manufacture, fabrication, and assembly of heavy and precision steel structures in India.

Anhui Yuanchen Environmental Protection Science&TechnologyLtd

Market Cap: CN¥1.6b

Anhui Yuanchen Environmental Protection Science&Technology Co.,Ltd.

Beijing Jingpin Tezhuang TechnologyLtd

Market Cap: CN¥6.5b

Beijing Jingpin Tezhuang Technology Co.,Ltd.

Suyog Telematics

Market Cap: ₹8.9b

Provides passive telecommunication infrastructure services in India.

Millat Tractors

Market Cap: PK₨110.9b

Engages in assembling, manufacture, and sale of agricultural tractors, implements, and multi-application products in Pakistan and internationally.

FreeMs

Market Cap: ₩42.1b

Manufactures and sells heavy construction equipment in South Korea and internationally.

SAAM Development

Market Cap: ฿1.8b

Engages in the development and sale of renewable energy power plants in Thailand.

Otokar Otomotiv ve Savunma Sanayi

Market Cap: ₺64.6b

Manufactures and sells commercial and defense industry vehicles in Turkey.

Automobile Corporation of Goa

Market Cap: ₹12.8b

Manufactures and sells pressed parts, components, sub-assemblies, and bus bodies for range of automobiles in India.