Global Capital Goods Strong Balance Sheet Stocks

Chongqing Wanli New Energy

Market Cap: CN¥1.7b

Engages in the design, manufacture, and sale of lead-acid batteries in China.

Surya Toto Indonesia

Market Cap: Rp2.7t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Qinghai Huading Industrial

Market Cap: CN¥2.5b

Engages in the research and development, production, and sale of CNC machine tools, gear boxes, and elevator accessories in China.

Tokyo Kikai Seisakusho

Market Cap: JP¥4.2b

Engages in the manufacture and sale of printing machinery in Japan.

Progen Holdings

Market Cap: S$11.3m

An investment holding company, engages in the design, supply, installation, and maintenance of air-conditioning and mechanical ventilation systems primarily in Singapore.

Korea Cast Iron Pipe Ind

Market Cap: ₩148.9b

Manufactures and sells pipes in South Korea and internationally.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥4.1b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

Ghani Value Glass

Market Cap: PK₨10.8b

Manufactures and sells mirror, tempered, and laminated glasses in Pakistan.

Nanjing LES Information Technology

Market Cap: CN¥15.0b

Nanjing LES Information Technology Co., Ltd.

Lumax International

Market Cap: NT$10.0b

Provides electronic components and program-controlled instruments in Taiwan and China.

Triocean Industrial Corporation

Market Cap: NT$4.7b

Engages in the construction business in Taiwan.

Tien Thanh Service and Trading

Market Cap: ₫104.6b

Engages in the fashion, commercial, real estate, and handicraft businesses in Vietnam.

SEC Electric Machinery

Market Cap: CN¥6.8b

Researches and develops, manufactures, and sells motors in China.

Chengdu RML Technology

Market Cap: CN¥11.5b

Engages in the research, development, manufacturing, testing, and sale of millimeter-wave microsystems.

TKD Science and TechnologyLtd

Market Cap: CN¥6.1b

Researches, develops, produces, and sells quartz frequency control components and production equipment in primarily China.

Nadex

Market Cap: JP¥8.5b

Engages in the development, manufacture, sale, and installation of welding equipment in Japan, North America, China, Southeast Asia, and internationally.

Suzumo Machinery

Market Cap: JP¥20.1b

Manufactures and sells food machines for small kitchens and factories worldwide.

Besterra

Market Cap: JP¥9.7b

Engages in plant demolition work and other related business.

EVZ

Market Cap: AU$22.0m

Operates in the engineering services sectors in Australia and Asia.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.9b

Engages in the research and development, production, sale, and maintenance services of rail transit electrical equipment products in China.

Chengdu Jiachi Electronic Technology

Market Cap: CN¥27.8b

Chengdu Jiachi Electronic Technology Co., Ltd.

Hong Leong Asia

Market Cap: S$1.8b

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally.

HG Metal Manufacturing

Market Cap: S$147.0m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

MMS Ventures Berhad

Market Cap: RM 92.3m

An investment holding company, manufactures and sells automated systems and machinery for LED, semiconductor, and the OEM/ODM markets in Malaysia, the United States, Europe, Asia, and Australia.

AlMuneef Company for Trade Industry Agriculture and Contracting

Market Cap: ر.س277.4m

Trades in seeds and agricultural products in the Kingdom of Saudi Arabia.

Shenzhen Yinghe Technology

Market Cap: CN¥22.3b

Engages in the research and development, production, and sale of lithium-ion battery automation equipment in China.

Creative & Innovative System

Market Cap: ₩527.6b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Saha-Union

Market Cap: ฿8.8b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Nanfang Ventilator

Market Cap: CN¥6.1b

Designs and manufactures HVAC products in China.

L.G. Balakrishnan & Bros

Market Cap: ₹44.4b

Manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

Sumitomo DensetsuLtd

Market Cap: JP¥224.2b

Operates as a construction company in Japan, Indonesia, Thailand, Cambodia, Myanmar, the Philippines, China, and Malaysia.

Kyowa Engineering Consultants

Market Cap: JP¥4.1b

Provides construction consultancy services in Japan and internationally.

United Integrated Services

Market Cap: NT$179.2b

Provides engineering construction services in Taiwan, Mainland China, Singapore, the United states, and Japan.

Action Construction Equipment

Market Cap: ₹132.6b

Manufactures and sells material handling and construction equipment primarily in India and internationally.

Pamica Technology

Market Cap: CN¥9.6b

Engages in the research and development, production, and sale of mica insulation materials, glass fiber cloth, and new energy insulation materials.

KHD Humboldt Wedag Vermögensverwaltungs-AG

Market Cap: €2.7m

An asset-management company, focuses on managing its own assets.