Global Capital Goods Strong Balance Sheet Stocks

Namura Shipbuilding

Market Cap: JP¥235.5b

Engages in the manufacture and sale of ships, machinery, and steel structures worldwide.

Desiccant Technology

Market Cap: NT$5.9b

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

Tenryu Saw Mfg

Market Cap: JP¥19.5b

Manufactures and sells saw blades in Japan and internationally.

DICERA HOLDINGS

Market Cap: ₫1.2t

Operates in the construction business in Vietnam.

WakitaLTD

Market Cap: JP¥94.1b

Engages in the construction equipment, trading, and real estate businesses in Japan.

Lubair Aviation Technology

Market Cap: CN¥3.7b

Provides aviation materials solutions worldwide.

Kalyani Cast-Tech

Market Cap: ₹4.2b

Engages in the manufacturing of container, class of foundry, casting of steel and iron, and railway parts in India.

Zhejiang Rongtai Electric MaterialLtd

Market Cap: CN¥38.7b

Zhejiang Rongtai Electric Material Co.,Ltd.

Create Technology & ScienceLtd

Market Cap: CN¥5.6b

Engages in the research and development, production, and sale of high-voltage insulators for power transmission and transformation, clean environmental protection equipment and engineering in China and internationally.

Fibre-Crown Manufacturing

Market Cap: CA$568.6k

Does not have significant operations.

Astral

Market Cap: ₹369.1b

Engages in the manufacture and marketing of pipes and fittings, water tanks, and adhesives and sealants in India and internationally.

Suzhou Hailu Heavy IndustryLtd

Market Cap: CN¥6.8b

Designs, manufactures, and sells industrial waste heat boilers, large and special material pressure vessels, and nuclear safety equipment.

Polycab India

Market Cap: ₹1.1t

Manufactures and sells wires and cables under the POLYCAB brand in India and internationally.

Blue Star

Market Cap: ₹387.9b

Operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India.

Sanbase

Market Cap: HK$80.0m

An investment holding company, provides interior fit-out solutions in Hong Kong and the People’s Republic of China.

TJK Intelligent Equipment Manufacturing (Tianjin)

Market Cap: CN¥2.0b

TJK Intelligent Equipment Manufacturing (Tianjin) Co., Ltd.

G-SHANK Enterprise

Market Cap: NT$21.5b

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.

Ablerex Electronics

Market Cap: NT$3.0b

Manufactures and sells uninterruptible power supplies (UPS) and power quality devices for use in industrial and informatics applications in Taiwan and internationally.

Halcyon Technology

Market Cap: ฿792.0m

Manufactures, distributes, imports, and sells cutting tools, jig and fixtures, and custom metallic devices in Thailand and internationally.

Seiko

Market Cap: JP¥6.8b

Engages in the manufacture, sale, repair, and remodeling of packaging machines and cold forged parts in Japan.

S.Kijchai Enterprise

Market Cap: ฿4.8b

Manufactures and distributes medium density fiber boards in Thailand.

Wuchan Zhongda GeronLtd

Market Cap: CN¥3.4b

Engages in the research and development, production, and sales of textile combing equipment and stainless steel decorative materials in China.

Lanka Tiles

Market Cap: LK₨13.8b

Together with subsidiaries, manufactures and sells glazed ceramic and porcelain floor tiles under the LANKATILES brand in Sri Lanka.

Fujian South Highway Machinery

Market Cap: CN¥3.8b

Manufactures and sells equipment in the engineering mixing field in China.

UR Sugar Industries

Market Cap: ₹232.6m

Provides engages in the trading of securities in India.

Union Mosaic Industry

Market Cap: ฿736.1m

Produces and distributes floor and wall tiles in Thailand and internationally.

Kawasaki Setsubi Kogyo

Market Cap: JP¥29.7b

Engages in the construction business in Japan.

Waaree Renewable Technologies

Market Cap: ₹105.4b

Engages in the generation of power through renewable energy sources in India.

Hock Lian Seng Holdings

Market Cap: S$227.7m

An investment holding company, primarily provides civil engineering services to public and private sectors in Singapore.

G2Power

Market Cap: ₩156.9b

Researches, develops, manufactures, and sells photovoltaic solar inverters, energy storage systems, and switchgear in South Korea.

Lung Kee Group Holdings

Market Cap: HK$1.0b

An investment holding company, manufactures and markets mould bases and related products in the People’s Republic of China and internationally.

Panasonic Carbon India

Market Cap: ₹2.4b

Manufactures and sells carbon rods as a component of dry cell batteries to battery manufacturers in India and internationally.

DMW

Market Cap: JP¥21.9b

Engages in the manufacture and sale of fluid machinery in Japan and internationally.

Pentamaster Corporation Berhad

Market Cap: RM 2.7b

An investment holding company, designs and installs management systems and equipment in Singapore and internationally.

Guangdong Provincial Academy of Building Research Group

Market Cap: CN¥12.1b

Guangdong Provincial Academy of Building Research Group Co., Ltd.

Sanil Electric

Market Cap: ₩3.4t

Manufactures and sell transformer in Korea and internationally.