Global Capital Goods Strong Balance Sheet Stocks

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.

Zenitaka

Market Cap: JP¥46.3b

Provides general contracting services in Japan and internationally.

ALCONIX

Market Cap: JP¥63.8b

Imports, exports, and sells non-ferrous metal products in Japan and internationally.

Furukawa Electric

Market Cap: JP¥648.7b

Manufactures and sells communications, energy, automotive and batteries products, and electronic components worldwide.

Doosan Enerbility

Market Cap: ₩41.0t

Operates as an energy company worldwide.

New Advanced Electronics Technologies

Market Cap: NT$1.7b

New Advanced Electronics Technologies Co., Ltd.

Graphex Group

Market Cap: HK$273.0m

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

China High Speed Transmission Equipment Group

Market Cap: HK$2.7b

China High Speed Transmission Equipment Group Co., Ltd.

Tianjin Construction Development Group

Market Cap: HK$98.2m

Tianjin Construction Development Group Co., Ltd.

MECOM Power and Construction

Market Cap: HK$632.9m

Offers construction services in Macau, Hong Kong, Cyprus, and the People’s Republic of China.

China National Complete Plant Import & Export

Market Cap: CN¥4.1b

Trades in of equipment in Asia, Africa, Latin America, and internationally.

Samaiden Group Berhad

Market Cap: RM 575.7m

An investment holding company, provides engineering, procurement, construction, and commissioning of solar photovoltaic systems and power plants, and biomass power plants in Malaysia, Singapore, and Cambodia.

Wing Lee Development Construction Holdings

Market Cap: HK$1.1b

An investment holding company, provides civil and electrical cable engineering, and solar photovoltaic (PV) system contracting services in Hong Kong.

Vinaconex 25

Market Cap: ₫244.8b

Engages in the construction projects in Vietnam.

International Development

Market Cap: HK$50.0m

An investment holding company, trades in commodities in Hong Kong, the People’s Republic of China, the United Kingdom, and Mauritius.

Pansar Berhad

Market Cap: RM 268.5m

Sells and distributes building materials, marine and industrial products, agro-engineering equipment and supplies, and electrical and office automation supplies in Malaysia and Singapore.

Propel Global Berhad

Market Cap: RM 62.4m

Provides various oil and gas services in Malaysia and internationally.

Cotana Group

Market Cap: ₫884.7b

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

Unity Group Holdings International

Market Cap: HK$1.2b

An investment holding company, engages in the leasing and trading of energy saving products.

SM Investments

Market Cap: ₱903.4b

Invests in retail, banking, and property businesses in the Philippines.

Vistar Holdings

Market Cap: HK$186.0m

An investment holding company, provides electrical and mechanical engineering services in Hong Kong.

IBI Group Holdings

Market Cap: HK$192.8m

An investment holding company, offers interior fitting out, building refurbishments, and other building services in Hong Kong, Macau, and Ireland.

Vi Na Ta Ba Trading & Investment

Market Cap: ₫45.6b

Engages in the rental of equipment in Vietnam.

Liaoning Cheng Da

Market Cap: CN¥18.2b

Engages in supply chain trade, biopharmaceuticals, financial investment, energy development, and other businesses in China and internationally.

Tianjin Saixiang TechnologyLtd

Market Cap: CN¥3.4b

Engages in the design, development, manufacture, and sale of radial tire equipment in the People’s Republic of China.

Suntech Infra Solutions

Market Cap: ₹1.2b

A business-to-business construction company, provides civil construction services on direct contracting and sub-contracting basis in India.

SAAM Development

Market Cap: ฿1.8b

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

Jain Irrigation Systems

Market Cap: ₹39.2b

Manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally.

Hexa Tradex

Market Cap: ₹9.7b

Hexa Tradex Limited operate as a dealer, trader, import and export agent, representative, contractor, buyer, seller, and broker in India.

Savy Infra and Logistics

Market Cap: ₹2.8b

Operates as an engineering, procurement, and construction company in India.

Sona Machinery

Market Cap: ₹991.6m

Manufactures and sells agro-processing equipment in India and internationally.

Hemang Resources

Market Cap: ₹303.5m

Engages in the coal trading business in India.

Cochin Shipyard

Market Cap: ₹506.9b

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

Automobile Corporation of Goa

Market Cap: ₹13.1b

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

Voltas

Market Cap: ₹454.1b

Operates as an air conditioning and engineering solutions provider primarily in India, the Middle East, Africa, and internationally.