Global Strong Balance Sheet Stocks

Nam Viet

Market Cap: ₫143.2b

Produces and trades fiber cement sheets, prefabricated concrete, and building materials in Vietnam.

Tipco Asphalt

Market Cap: ฿24.6b

Engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally.

Systems

Market Cap: PK₨157.4b

Engages in the software development and trading, hardware, and business process outsourcing (BPO) service businesses in Pakistan, North America, the Middle East, Africa, Europe, the Asia Pacific, and internationally.

Tariq Glass Industries

Market Cap: PK₨35.5b

Engages in the manufacture and sale of glass containers, opal glass, tableware, and float glass in Pakistan.

Murree Brewery

Market Cap: PK₨23.1b

Manufactures and sells alcoholic beverage products in Pakistan.

Berger Paints Pakistan

Market Cap: PK₨2.3b

Engages in the manufacture and trade of paints, varnishes, and other related items in Pakistan and Afghanistan.

Master-Pack Group Berhad

Market Cap: RM 178.1m

An investment holding company, manufactures, distributes, and sells corrugated cartons and wooden packaging materials in Malaysia, Vietnam, and internationally.

Tourism Enterprises

Market Cap: ر.س994.6m

Engages in the managing of tourism buildings in the Kingdom of Saudi Arabia.

Surani Steel Tubes

Market Cap: ₹1.1b

Engages in the manufacture and supply of ERW mild steel (MS) pipes and steel tubes in India.

NKK Switches

Market Cap: JP¥3.5b

Engages in the development, manufacture, and sale of various switches for industrial equipment in Japan, Asia, Europe, and America.

Macrolink Culturaltainment Development

Market Cap: CN¥10.0b

Macrolink Culturaltainment Development Co., Ltd.

Kingchem (Liaoning) Life Science

Market Cap: CN¥4.2b

Kingchem (Liaoning) Life Science Co., Ltd.

Jamjoom Pharmaceuticals Factory

Market Cap: ر.س12.6b

Manufactures and markets pharmaceutical products in the Kingdom of Saudi Arabia and internationally.

Nice One Beauty Digital Marketing

Market Cap: ر.س4.2b

Provides beauty and personal products through e-commerce platform in Saudi Arabia.

Ash-Sharqiyah Development

Market Cap: ر.س540.6m

Engages in the agricultural business in Saudi Arabia.

HG Technologies

Market Cap: CN¥5.0b

Engages in the research and development, production, and sale of electrostatic imaging special information products in China.

Salama Cooperative Insurance

Market Cap: ر.س270.8m

Provides insurance products and services in the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain, Alegria, Senegal, Malaysia, and Egypt.

Crescent Star Insurance

Market Cap: PK₨281.1m

Provides non-life general insurance products and services in Pakistan.

Synthetic Products Enterprises

Market Cap: PK₨7.7b

Engages in the manufacture and sale of plastic packaging and plastic parts for the food and FMCG, and automotive industries in Pakistan, Hungary, Turkey, Belgium, France, Italy, the United Kingdom, the United States, and China.

Tianjin Yiyi Hygiene ProductsLtd

Market Cap: CN¥3.5b

Engages in the research and development, design, production, and sale of disposable pet and personal hygiene care products in China and internationally.

Lloyds Luxuries

Market Cap: ₹2.2b

Provides salon services and beauty products.

Lucky Core Industries

Market Cap: PK₨143.8b

Manufactures and trades in soda ash, polyester, pharmaceuticals, chemicals and agri sciences, and animal health products.

Golden Flower

Market Cap: Rp6.6t

Manufactures and sells garments in Indonesia.

S.C. Sigstrat

Market Cap: RON 14.4m

Produces and sells beech plywood, molded elements, chairs, small furniture, and other wooden products in Romania and internationally.

EDITEL Polska

Market Cap: zł10.1m

Provides electronic document interchange solutions worldwide.

Hoftex Group

Market Cap: €32.7m

Through its subsidiaries, develops, manufactures, and sells textile products for various applications in Germany and internationally.

S.C. Iasitex

Market Cap: RON 0

Manufactures and sells fabrics and textile confections in Romania.

SC Uzinexport

Market Cap: RON 7.6m

Engages in contracting industrial projects worldwide.

Anjani Finance

Market Cap: ₹129.2m

A non-banking finance company, provides various financial services in India.

S.Kijchai Enterprise

Market Cap: ฿4.6b

Manufactures and distributes medium density fiber boards in Thailand.

Market Connections Asia

Market Cap: ฿262.2m

Provides event marketing services in Thailand and Singapore.

East Buildtech

Market Cap: ₹182.5m

Engages in the real estate business in India.

Asian Alliance International

Market Cap: ฿8.8b

Produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Thailand, the Kingdom of Saudi Arabia, Japan, Italy, Germany, and internationally.

GFPT

Market Cap: ฿12.4b

Produces and distributes frozen and cooked chicken products in Thailand and internationally.

SISB

Market Cap: ฿17.0b

Provides educational services in Thailand.

Kronox Lab Sciences

Market Cap: ₹5.1b

Manufactures and sells fine chemicals, inorganic chemicals, phosphates, and metallic chemicals in India and internationally.