Global Retail Strong Balance Sheet Stocks

Emperor Watch & Jewellery

Market Cap: HK$1.8b

An investment holding company, engages in the sale of watches and jewelry products.

Goldlion Holdings

Market Cap: HK$964.1m

An investment holding company, manufactures and distributes apparel in the People’s Republic of China, Hong Kong SAR, and Singapore.

Glorious Sun Enterprises

Market Cap: HK$1.9b

An investment holding company, engages in interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally.

Luk Fook Holdings (International)

Market Cap: HK$10.3b

An investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products.

MBV International

Market Cap: HK$185.3m

An investment holding company, engages in sourcing, wholesaling, supplying, and marketing of imprintable apparel and gift products in Malaysia and Singapore.

Naturo Agrotech India

Market Cap: ₹67.5m

Trades in fast-moving consumer goods (FMCG) and health care products in India.

Siam Global House

Market Cap: ฿31.9b

Engages in the merchandising of construction materials, home decorative products, and tools and equipment in Thailand, Kingdom of Cambodia, Republic of the Union of Myanmar, and Republic of Indonesia.

Gujarat Cotex

Market Cap: ₹155.7m

Engages in trading of textile fabrics in India.

Silicon Rental Solutions

Market Cap: ₹2.4b

An IT equipment outsourcing company, provides end to end IT equipment on a rental and returnable basis in India.

Starlineps Enterprises

Market Cap: ₹1.8b

Trades in precious metals, stones, and jewelry in India.

Moong Pattana International

Market Cap: ฿623.0m

Distributes baby, infant, and other products in Thailand and internationally.

Asahi

Market Cap: JP¥36.1b

Sells bicycles, parts, accessories, and other related products in Japan and China.

Saga Falabella

Market Cap: S/1.1b

Operates chain of department stores in Peru.

Successmore Being

Market Cap: ฿238.5m

Distributes consumer products using multi-level marketing in Thailand and internationally.

Inner Mongolia Xinhua Distribution GroupLtd

Market Cap: CN¥4.7b

Inner Mongolia Xinhua Distribution Group Co.,Ltd.

Shin Shin Co

Market Cap: NT$1.9b

Operates department stores and underground streets in Taiwan.

Hunan Heshun PetroleumLtd

Market Cap: CN¥2.7b

Engages in the wholesale and retail of gasoline and diesel in China.

Gansu Guofang Industry & Trade (Group)

Market Cap: CN¥7.4b

Gansu Guofang Industry & Trade (Group) Co., Ltd.

Leysen Jewellery

Market Cap: CN¥2.5b

Engages in the design, development, and retail of diamond jewelry products in China.

Beijing Caishikou Department StoreLtd

Market Cap: CN¥10.8b

Beijing Caishikou Department Store Co.,Ltd.

JB Hi-Fi

Market Cap: AU$11.3b

JB Hi-Fi Limited retails home consumer products.

Dusk Group

Market Cap: AU$69.7m

Dusk Group Limited retails scented and unscented candles, home decor, home fragrances, and gift solutions in Australia.

Padini Holdings Berhad

Market Cap: RM 2.1b

An investment holding company, engages in the retail of garments and ancillary products.

Senheng New Retail Berhad

Market Cap: RM 300.0m

An investment holding company, operates as a consumer electrical and electronics chain retailer in Malaysia.

Sinar Eka Selaras

Market Cap: Rp1.4t

Engages in the trading and retail of electronic equipment and clothing of various brands in Indonesia.

Map Aktif Adiperkasa

Market Cap: Rp20.7t

Operates as a sporting goods retailer in Indonesia.

Mr D.I.Y. Group (M) Berhad

Market Cap: RM 16.1b

An investment holding company, engages in the retail of home improvement products, mass merchandise, games, toys, groceries, and related business and activities in Malaysia and Brunei.

S.C. Mobest

Market Cap: RON 40.1m

Sells furniture in Romania.

Compugates Holdings Berhad

Market Cap: RM 90.8m

An investment holding company, engages in trading, marketing, and distributing imaging, information technology, and communication-based products in Malaysia.

PNGS Gargi Fashion Jewellery

Market Cap: ₹9.8b

Engages in the trading of fashion and costume jewelry, articles of silver, and other articles in India.

Jubilee Enterprise

Market Cap: ฿1.3b

Engages in the production, distribution, and retail of diamond jewelry in Thailand.

Naksh Precious Metals

Market Cap: ₹76.7m

Naksh Precious Metals engages in the dealership of automobiles and trading of spare parts business in India and internationally.

Saraswati Saree Depot

Market Cap: ₹3.5b

Engages in the wholesale distribution of women’s traditional and ethnic wear garments in India.

CarTrade Tech

Market Cap: ₹77.7b

Operates a multi-channel online automotive platform in India and internationally.

IntraSoft Technologies

Market Cap: ₹1.6b

Through its subsidiaries, develops and delivers e-commerce and e-cards through internet platform in India and internationally.

Amit Securities

Market Cap: ₹49.3m

Primarily engages in the trading of aluminum utensils in India.