New Zealand Strong Balance Sheet Stocks

NZ Windfarms

Market Cap: NZ$85.5m

Generates and sells renewable electricity to the national grid in New Zealand.

AFT Pharmaceuticals

Market Cap: NZ$283.1m

Engages in the development and sale of pharmaceutical products in New Zealand, Australia, Asia, and internationally.

Allied Farmers

Market Cap: NZ$20.7m

Engages in livestock agency business in New Zealand.

BLIS Technologies

Market Cap: NZ$19.2m

Develops and sells healthcare products based on strains of bacteria that produce bacteriocin activity.

ArborGen Holdings

Market Cap: NZ$68.5m

Engages in the forestry genetics business.

Millennium & Copthorne Hotels New Zealand

Market Cap: NZ$339.6m

Owns, operates, manages, leases, and franchises hotels in New Zealand and Australia.

New Zealand King Salmon Investments

Market Cap: NZ$118.4m

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, and internationally.

Gentrack Group

Market Cap: NZ$1.2b

Engages in the development, integration, and support of enterprise billing and customer management software solutions for the energy and water utility, and airport industries.

Scales

Market Cap: NZ$588.6m

Engages in manufacturing and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally.

TruScreen Group

Market Cap: NZ$17.1m

Develops, manufacture, and sale of cancer detection devices and systems in Mexico, China, Russia, Vietnam, Zimbabwe, Eastern Europe, the Middle East/North Africa, and internationally.

Marlin Global

Market Cap: NZ$196.6m

Operates as an investment company.

Solution Dynamics

Market Cap: NZ$9.6m

Provides customer communication solutions in New Zealand, Australia, Europe, and the United States.

Steel & Tube Holdings

Market Cap: NZ$122.8m

Engages in the distribution and processing of steel products in New Zealand.

Serko

Market Cap: NZ$391.2m

A Software-as-a-Service technology business, provides online travel booking software solutions and expense management services in New Zealand, Australia, North America, Europe, and internationally.

General Capital

Market Cap: NZ$21.8m

Provides financial services in New Zealand.

CDL Investments New Zealand

Market Cap: NZ$229.1m

Together with its subsidiary, CDL Land New Zealand Limited engages in the investment, development, management, and sale of residential land properties in New Zealand.

Fisher & Paykel Healthcare

Market Cap: NZ$19.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Hallenstein Glasson Holdings

Market Cap: NZ$445.6m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.

Skellerup Holdings

Market Cap: NZ$813.7m

Designs, manufactures, and distributes engineered products for various specialist industrial and agricultural applications.

Livestock Improvement

Market Cap: NZ$142.3m

Engages in the development, production and marketing of artificial breeding, genetics, farm software, and herd testing services in the dairy industry.

NZX

Market Cap: NZ$492.8m

Operates a stock exchange in New Zealand.

KMD Brands

Market Cap: NZ$242.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

PaySauce

Market Cap: NZ$24.4m

Provides SaaS based employment and payment solutions for people at work the Asia-Pacific region.

Mainfreight

Market Cap: NZ$5.9b

Provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia.

a2 Milk

Market Cap: NZ$6.3b

Sells A2 protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States.

Chatham Rock Phosphate

Market Cap: NZ$9.5m

Operates as a junior mineral development company in New Zealand, French Polynesia, and Australia.

Pacific Edge

Market Cap: NZ$105.5m

A cancer diagnostics company, researches, develops, and commercializes diagnostic and prognostic tools for the early detection and management of cancers in New Zealand, the United States, and internationally.

Burger Fuel Group

Market Cap: NZ$11.8m

Operates as a franchisor of gourmet burger and chicken restaurants in New Zealand and internationally.

Briscoe Group

Market Cap: NZ$958.0m

Engages in retailing homeware and sporting products in New Zealand.

2 Cheap Cars Group

Market Cap: NZ$33.7m

Engages in used automotive vehicle retailer and vehicle finance businesses in New Zealand.

Tower

Market Cap: NZ$472.7m

Provides general insurance products in New Zealand and the Pacific Islands.

IPERION

Market Cap: NZ$1.5m

Produces, processes, and commercializes novel antimicrobial coating products under the Pathoglaze name.

Third Age Health Services

Market Cap: NZ$29.9m

Provides health care services for residential aged care facilities, private hospitals, and secure dementia in New Zealand.

EROAD

Market Cap: NZ$164.6m

Provides electronic on-board units and software as a service to the transport industry in New Zealand, Australia, the United States, and internationally.

RTO

Market Cap: NZ$1.7m

Does not have significant operations.

ikeGPS Group

Market Cap: NZ$117.3m

Engages in the design, sale, and delivery of a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies in the United States.