Global Strong Balance Sheet Stocks

KANESOLTD

Market Cap: JP¥6.7b

Designs, manufactures, and sells construction, disaster prevention, urban landscape maintenance, environment, welfare, and afforestation products in Japan.

International Breweries

Market Cap: ₦1.6t

Engages in the brewing, packaging, and marketing of beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria.

Farmaceutica REMEDIA

Market Cap: RON 60.0m

Operates a chain of pharmacies in Romania.

UPDC

Market Cap: ₦55.5b

Develops, sells, and manages real estate assets in Nigeria.

Aquila Part Prod Com

Market Cap: RON 1.6b

Provides distribution and logistics services in Romania, Moldova, Poland, the Netherlands, Germany, and internationally.

Blue Island

Market Cap: €19.6m

Engages in fish farming and trading business in Cyprus.

Comelf

Market Cap: RON 92.2m

Manufactures and sells engines and turbines in Romania and internationally.

OMV Petrom

Market Cap: RON 41.6b

An energy company, engages in the exploration and production of oil and gas in Southeastern Europe.

Veritas Kapital Assurance

Market Cap: ₦13.9b

Provides non-life insurance products and services to individuals and businesses in Nigeria.

S.C.Transporturi Auto Giulesti

Market Cap: RON 23.4m

Provides terrestrial transportation services for goods in Romania and internationally.

SC Foraj Sonde SA Craiova

Market Cap: RON 272.3m

Provides onshore drilling services for oil and gas industry in Romania.

CNB Bank Shares

Market Cap: US$91.0m

Operates as the bank holding company for CNB Bank & Trust.

Shellron Capital

Market Cap: CA$664.8k

Does not have significant operations.

Aneesh Capital

Market Cap: CA$130.0k

Does not have significant operations.

Regency Alliance Insurance

Market Cap: ₦6.6b

Provides general insurance products to institutional and individual clients in Nigeria and the West African sub-region.

Copland Road Capital

Market Cap: CA$2.0m

Copland Road Capital Corporation, formerly known as Nabis Holdings Inc., is a principal investment firm specializing in cannabis sector investments.

ALDANI MASTER CAPITAL

Market Cap: RON 64.1m

Operates as an agricultural products and services company.

First Growth Funds

Market Cap: CA$389.0k

A private equity firm specializing in all stages of the investment cycle.

S.C. Ropharma

Market Cap: RON 76.2m

Operates a chain of pharmacies in Romania.

Farmers Bancorp (Frankfort IN)

Market Cap: US$70.2m

Operates as the holding company of The Farmers Bank that provides a range of banking products and services for individuals and businesses in north central Indiana, the United States.

LASACO Assurance

Market Cap: ₦26.9b

Provides various insurance products and services in Nigeria.

Treviso Capital

Market Cap: CA$125.0k

Does not have significant operations.

Simonds Farsons Cisk

Market Cap: €219.6m

Engages in the brewing, production, and sale of beers and beverages in Malta.

RM Rheiner Management

Market Cap: €7.0m

A publicly owned investment manager.

Perennial International

Market Cap: HK$127.3m

An investment holding company, engages in the manufacture and trading of electric cables and wire products in the United States, Europe, Australia, Mainland China, Japan, and Southeast Asia.

SeirenLtd

Market Cap: JP¥136.7b

Manufactures and markets vehicle parts, textile products, industrial machines, and electronic parts in Japan and internationally.

Sinfonia TechnologyLtd

Market Cap: JP¥186.9b

Manufactures and sells various equipment.

Shanghai Xintonglian Packaging

Market Cap: CN¥1.7b

Engages in the manufacture and sale of wood and paper packaging products in China.

Janata Insurance

Market Cap: ৳1.1b

Provides general insurance products in Bangladesh.

Infini Resources

Market Cap: AU$6.1m

Engages in the exploration of mineral properties in Australia and Canada.

Moong Pattana International

Market Cap: ฿616.4m

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

Forgame Holdings

Market Cap: HK$125.4m

An investment holding company, develops, operates, and publishes web and mobile games in the People’s Republic of China and internationally.

Garbi Finvest

Market Cap: ₹119.7m

Operates as a non-banking finance company primarily in India.

Zhuzhou Hongda ElectronicsLtd

Market Cap: CN¥14.8b

Engages in the research and development, manufacturing, sale, and servicing of electronic components and circuit modules in China.

YRGLM

Market Cap: JP¥3.4b

Provides various marketing platforms in Japan.

Siam Global House

Market Cap: ฿30.8b

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.