Global Capital Goods Strong Balance Sheet Stocks

Nel

Market Cap: NOK 4.2b

A hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally.

Jensen-Group

Market Cap: €564.9m

Designs, produces, and supplies single machines, systems, turnkey solutions, and laundry process automation for the heavy-duty laundry industry.

Andrews Sykes Group

Market Cap: UK£225.0m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, Rest of Europe, the Middle East, Africa, and internationally.

Vicor

Market Cap: US$2.2b

Designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically-powered devices.

Malmbergs Elektriska

Market Cap: SEK 277.6m

Supplies electrical equipment for installers, industrial, construction and rental companies, and retailers in Sweden and internationally.

Minesto

Market Cap: SEK 394.1m

Operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan.

Costain Group

Market Cap: UK£349.3m

Provides infrastructure solutions for the transportation, energy, water, and defense sectors in the United Kingdom.

Nekkar

Market Cap: NOK 990.6m

Operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally.

Grupo Empresarial San José

Market Cap: €428.5m

Engages in construction business in Spain and internationally.

Alpha Pro Tech

Market Cap: US$51.0m

Develops, manufactures, and markets a range of disposable protective apparel and infection control products in the United States and internationally.

Concivia SA (Braila)

Market Cap: RON 61.8m

Engages in the construction activities in Romania.

Shenzhen Sine ElectricLtd

Market Cap: CN¥2.1b

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

Guangdong Real-Design Intelligent Technology

Market Cap: CN¥2.8b

Researches and develops, produces, and sells intelligent controllers.

T & I Global

Market Cap: ₹963.4m

Manufactures and trades in tea and coconut processing machinery in India and internationally.

Korvest

Market Cap: AU$156.4m

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

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.

Zhejiang FORE Intelligent TechnologyLtd

Market Cap: CN¥8.7b

Zhejiang Fore Intelligent Technology Co., Ltd.

HBL Engineering

Market Cap: ₹231.7b

Manufactures and sells batteries and other products in India 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.

Bharat Dynamics

Market Cap: ₹549.0b

Manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India.

Veto Switchgears and Cables

Market Cap: ₹2.2b

Engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally.

Cross E Holdings

Market Cap: JP¥3.1b

Engages in the facility management, machine installation work, and building and facility construction business in Japan.

Sanki Engineering

Market Cap: JP¥263.9b

Provides various social infrastructure services in Japan and internationally.

Chengdu ALD Aviation Manufacturing

Market Cap: CN¥7.4b

Together with its subsidiary, Chengdu Tangan Aviation Manufacturing Co., Ltd., researches, designs, develops, manufactures and sells military and civil aircraft parts, aero-engine parts, and aerospace large structural parts in China.

Hai Duong Pump Manufacturing

Market Cap: ₫359.8b

Manufactures and sells various pumps, valves, and fans for various sectors.

Kalpataru Projects International

Market Cap: ₹212.0b

Provides engineering, procurement, and construction (EPC) services for power transmission and distribution, buildings and factories, water, railways, oil and gas, and urban infrastructure sectors in India and internationally.

Bharat Bijlee

Market Cap: ₹35.7b

Operates as an electrical engineering company in India and internationally.

Megatherm Induction

Market Cap: ₹5.3b

Engages in the manufacture and sale of induction heating and melting products in India and internationally.

Beijing Sifang AutomationLtd

Market Cap: CN¥15.9b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.

Lum Chang Holdings

Market Cap: S$161.1m

Engages in the construction, project management, and property development and investment activities in Singapore and Malaysia.

Sigong Tech

Market Cap: ₩71.7b

Operates in the exhibition and cultural industry in South Korea.

Fujikura

Market Cap: JP¥3.9t

Engages in telecommunication and power systems, electronic, and automotive products businesses in Japan, the rest of Asia, North America, Europe, and internationally.

Aichi

Market Cap: JP¥91.0b

Manufactures and sells mechanized vehicles for electric utilities, telecommunications, construction, cargo handling, shipbuilding, and rail industries in Japan, Asia, Oceania, Europe, and internationally.

AGC

Market Cap: JP¥1.0t

Manufactures and sells architectural glass, electronics, chemicals, automotive, and ceramics worldwide.

HANYANG ENGLtd

Market Cap: ₩315.8b

Hanyang ENG Co.,Ltd engages in the construction of semiconductor facilities in South Korea and internationally.

Transrail Lighting

Market Cap: ₹98.6b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.