Global Capital Goods Strong Balance Sheet Stocks

KandenkoLtd

Market Cap: JP¥852.7b

Engages in electrical and piping work, and other facility construction work in Japan and internationally.

Galilei

Market Cap: JP¥152.6b

Through its subsidiaries, manufactures and sale of commercial refrigerators and freezers, plug-in type and remote type showcases, and other equipment in Japan and internationally.

Guangzhou Tech-Long Packaging MachineryLtd

Market Cap: CN¥3.0b

Guangzhou Tech-Long Packaging Machinery Co.,Ltd.

Stovec Industries

Market Cap: ₹4.6b

Engages in the manufacturing and sale of textile machinery and consumables in India and internationally.

Garware Marine Industries

Market Cap: ₹157.5m

Provides ship repair services in India.

Shanthi Gears

Market Cap: ₹40.5b

Designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally.

XMH Holdings

Market Cap: S$176.5m

An investment holding company, provides diesel engine, propulsion, and power generating solutions for customers in the marine and industrial sectors in Singapore, Indonesia, Malaysia, Vietnam, and internationally.

Anhui Anfu Battery TechnologyLtd

Market Cap: CN¥11.0b

Research, develops, produces, and sells zinc-manganese batteries in China.

Shenzhen V&T Technologies

Market Cap: CN¥4.4b

Engages in the research and development, manufacture, and sale of medium and low voltage inverters, electric vehicle motor controllers, servo drives, inverters, and other power electronic products in China and internationally.

Wayzim Technology

Market Cap: CN¥4.3b

Engages in research and development, design, manufacture, and sale of intelligent logistics sorting systems for the logistics express industry in China and internationally.

WenYi Trinity Technology

Market Cap: CN¥4.6b

Researches and develops molds and equipment technology for the semiconductor and chemical building materials industries in China and internationally.

Transformers and Rectifiers (India)

Market Cap: ₹149.8b

Manufactures and sells transformers in India.

Yamabiko

Market Cap: JP¥106.2b

Manufactures and sells agricultural machinery in Japan, Europe, the United States, and internationally.

HD-Hyundai Marine Engine

Market Cap: ₩2.7t

Manufactures and sells marine engines, industrial facilities, and plants in South Korea and internationally.

Wonik Cube

Market Cap: ₩52.7b

Distributes chemical, polymer, silicon, building, and printing and packaging materials in South Korea.

Qingdao Paguld Intelligent ManufacturingLtd

Market Cap: CN¥4.8b

Qingdao Paguld Intelligent Manufacturing Co.,Ltd.

Inner Mongolia North Hauler

Market Cap: CN¥3.7b

Inner Mongolia North Hauler Joint Stock Co., Ltd.

WMHW Holdings

Market Cap: HK$77.0m

An investment holding company, provides civil engineering, decoration, and renovation works in Hong Kong.

Uniparts India

Market Cap: ₹18.1b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

Wecon Holdings

Market Cap: HK$155.2m

An investment holding company, operates as a construction contractor in Hong Kong.

Panelesmatic Solutions

Market Cap: ฿266.0m

Manufactures, sells, and installs door and wall products in Thailand and internationally.

Sanyo Industries

Market Cap: JP¥12.5b

Manufactures and sells metallic building materials in Japan.

Hengdian Group Tospo Lighting

Market Cap: CN¥6.2b

Engages in the research and development, production, sale, and servicing of civil, commercial, and automotive lighting products in China.

Korvest

Market Cap: AU$156.4m

Manufactures and supplies cable and pipe support systems, fastening solutions, and galvanising services in Australia.

WindSun Science&TechnologyLtd

Market Cap: CN¥5.6b

Engages in the research and development, production, sale, and service of power electronic energy-saving control technology and related products in China.

Zhejiang FORE Intelligent TechnologyLtd

Market Cap: CN¥8.7b

Zhejiang Fore Intelligent Technology Co., Ltd.

Guangdong Real-Design Intelligent Technology

Market Cap: CN¥2.8b

Researches and develops, produces, and sells intelligent controllers.

Shenzhen Sine ElectricLtd

Market Cap: CN¥2.1b

Engages in the research and development, production, and sale of electrical drive automation products in China.

Power Engineering Consulting 4

Market Cap: ₫318.5b

Operates as a power engineering consulting company in Vietnam.

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.

Beijing Easpring Material TechnologyLTD

Market Cap: CN¥33.2b

Develops, produces, and sells lithium battery positive electrode materials and smart device products in China, Japan, South Korea, Europe, the United States, and internationally.

JDV Control Valves

Market Cap: NT$1.9b

Manufactures, processes, and sells of control switch under the JDV brand name in Taiwan, the Mainland China, the United States of America, Asia, Europe, and internationally.

Ten Pao Group Holdings

Market Cap: HK$2.2b

An investment holding company, engages in the development, manufacture, and sale of electric charging products in the People’s Republic of China, Europe, the rest of Asia, the United States, Africa, and internationally.

Guangzhou Huayan Precision MachineryLtd

Market Cap: CN¥4.2b

Guangzhou Huayan Precision Machinery Co.,Ltd.

Yushin

Market Cap: JP¥21.4b

Engages in the development, production, sale, and maintenance of Cartesian robots and other industrial equipment and systems for factory automation in Japan and internationally.

Hiwin Technologies

Market Cap: NT$76.4b

Manufactures and sells motion control and systematic technology products.