Global Materials Strong Balance Sheet Stocks

Cobalt Blue Holdings

Market Cap: AU$22.2m

Engages in the exploration and evaluation of mining properties in Australia.

Gunung Raja Paksi

Market Cap: Rp2.8t

Produces and sells steel and steel products.

Ducol Organics And Colours

Market Cap: ₹2.4b

Engages in the manufacture and distribution of pigments and dispersions, preparations, concentrates, paste colorants, and masterbatches in India and internationally.

TNT Group

Market Cap: ₫456.5b

Engages in the mining, processing, and trading of minerals in Vietnam.

Indian Phosphate

Market Cap: ₹1.4b

Manufactures and markets linear alkylbenzene sulphonic acid (LABSA) in India.

ENBIO

Market Cap: ₩24.7b

Enbio Co., Ltd. produces and sells pesticides in South Korea.

Kamdhenu Ventures

Market Cap: ₹2.9b

Manufactures and supplies paint products in India.

EnGro

Market Cap: S$106.8m

An investment holding company, engages in the manufacture and sale of building materials and specialty polymers in Singapore, Malaysia, the People’s Republic of China, and internationally.

Air Water

Market Cap: JP¥598.6b

Engages in the manufacturing and sale of products and services related to industrial gas, chemical, medical, energy, agriculture and food products, logistics, seawater, and other businesses in Japan.

Miwon Specialty Chemical

Market Cap: ₩686.3b

Engages in the production and supply of basic raw materials for UV/EB curing systems in Korea and internationally.

Greenply Industries

Market Cap: ₹39.8b

An interior infrastructure company, engages in the manufacture and trading of plywood and allied products in India and internationally.

Jiangsu Changhai Composite Materials

Market Cap: CN¥6.4b

Engages in the scientific research, development, production, and sale of glass fiber products and glass fiber composite materials.

Techbond Group Berhad

Market Cap: RM 223.8m

Develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, China, and internationally.

Australian Vanadium

Market Cap: AU$82.0m

Together with its subsidiary, engages in the mineral exploration activities in Australia.

Beijing Oriental Yuhong Waterproof Technology

Market Cap: CN¥28.2b

Engages in research and development, production, and sale of waterproof materials in China, Hong Kong, Macau, and internationally.

Nihon Nohyaku

Market Cap: JP¥79.0b

Manufactures and sells agrochemicals in Japan and internationally.

Yodogawa Steel Works

Market Cap: JP¥202.4b

Engages in the manufacture and sales of steel products for industrial and consumer products in Japan.

Samhwa Paints Industrial

Market Cap: ₩153.6b

Manufactures and sells various paints in South Korea and internationally.

E79 Gold Mines

Market Cap: AU$3.3m

Operates as gold and copper exploration company in Australia.

Lucky Film

Market Cap: CN¥4.2b

Provides photovoltaic, lithium battery, medical, imaging, and optoelectronic materials in China and internationally.

YONFER Agricultural Technology

Market Cap: CN¥18.7b

Engages in the research, development, production, and marketing of fertilizers in China.

Taihan Precision Technology

Market Cap: NT$1.3b

Engages in the design, development, manufacture, and sale of precision plastic injection molding, coating, and component assembling solutions in Taiwan, China, Vietnam, and Philippines.

Black Rock Mining

Market Cap: AU$29.5m

Engages in the exploration and development of mineral resources.

Sumitomo Osaka Cement

Market Cap: JP¥127.5b

Engages in the cement production business in Japan and internationally.

Valqua

Market Cap: JP¥67.3b

Designs, manufactures, processes, and sells fiber, fluorocarbon resin, rubber, and other materials in Japan and internationally.

Taekwang Industrial

Market Cap: ₩780.2b

Engages in the petrochemical, synthetic fiber, textile, and advanced material businesses in South Korea and internationally.

Mitsubishi Gas Chemical Company

Market Cap: JP¥543.4b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Eastern Polymer Group

Market Cap: ฿9.2b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

20 Microns

Market Cap: ₹8.0b

Manufactures and markets micronized industrial minerals and specialty chemicals primarily in India and internationally.

Formosan Rubber Group

Market Cap: NT$7.3b

Formosan Rubber Group Inc., together with its subsidiaries, manufacturing and selling rubber and plastic sheets, plastic foam, resin sheets, and related materials.

Coremax

Market Cap: NT$7.6b

Engages in the research, development, manufacture, and marketing of metal-based specialty chemicals and electronic/battery materials in Taiwan.

Papyrus Australia

Market Cap: AU$6.0m

Develops a technology that converts banana plantation waste into fibre and biodegradable food packaging products.

OceanaGold (Philippines)

Market Cap: ₱50.2b

Engages in the exploration, development, production, and utilization of gold, copper, silver, and other mineral resources in the Philippines.

Lionhead Technology DevelopmentLtd

Market Cap: CN¥2.5b

Provides e-commerce services in China.

Leader Steel Holdings Berhad

Market Cap: RM 56.5m

An investment holding company, manufactures, processes, and trades in steel and metal products, and minerals in Malaysia and China.

Eidai KakoLtd

Market Cap: JP¥2.2b

Manufactures, imports, and sells plastic sheets in Japan.