Thai Strong Balance Sheet Stocks

Genesis Fertility Center

Market Cap: ฿633.6m

Operates as a medical clinic focusing on treating infertility in Thailand.

S&P Syndicate

Market Cap: ฿4.5b

Operates a chain of restaurants and bakery shops in Thailand and internationally.

Smart Concrete

Market Cap: ฿593.7m

Engages in manufacturing and selling autoclaved aerated concrete block products for use in construction in Thailand.

MEB Corporation

Market Cap: ฿3.8b

Engages in distribution and service of e-books in Thailand.

Prodigy

Market Cap: ฿902.9m

Engages in the manufacture and distribution of packaging products in Thailand.

Global Green Chemicals

Market Cap: ฿4.0b

Engages in the production, distribution, and transportation of oleochemicals products in Thailand, the People’s Republic of China, India, Korea, and internationally.

Centara Hotels and Resorts Leasehold Property Fund

Market Cap: ฿1.5b

A fund of Kasikorn Asset Management Co.,Ltd.

NEP Realty and Industry

Market Cap: ฿465.1m

Manufactures and distributes sack bag products under the VAVA Z brand in Thailand.

Samart Aviation Solutions

Market Cap: ฿6.8b

An investment holding company, provides air traffic control services in Cambodia, Laos, and Thailand.

K.W. Metal Work

Market Cap: ฿400.6m

Manufactures and sells parts and accessories for farm machineries primarily in Thailand.

TQR

Market Cap: ฿1.1b

Operates as a reinsurance broker in Thailand.

Inoue Rubber (Thailand)

Market Cap: ฿2.2b

Engages in the research, development, manufacture, and distribution of motorcycle tires and tubes in Thailand and internationally.

Forth Smart Service

Market Cap: ฿4.7b

Provides prepaid mobile top-up services in Thailand.

R&B Food Supply

Market Cap: ฿7.4b

Manufactures and trades in bread products, colours, fragrances, and chemicals that are used in food, beverage, and consumer product industries in Thailand.

G-Able

Market Cap: ฿2.8b

Provides digital solutions, enterprise business, and IT infrastructure solutions in Thailand.

JSP Pharmaceutical Manufacturing (Thailand) Public

Market Cap: ฿915.9m

JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd.

Surapon Foods

Market Cap: ฿1.4b

Manufactures and distributes seafood, and finished and semi-finished frozen foods in Thailand, Japan, Australia, Taiwan, the United Kingdom, South Korea, the United Arab Emirates, and internationally.

Do Day Dream

Market Cap: ฿1.6b

Manufactures, distributes, and sells cosmetics and beauty products in Thailand, the Philippines, and internationally.

Health Empire Corporation

Market Cap: ฿213.6m

Through its subsidiaries, operates in the fields of health, agriculture, technology, retail, and distribution business in Thailand.

Star Petroleum Refining

Market Cap: ฿31.2b

Engages in refinery and petroleum product distribution in Thailand and internationally.

CPR Gomu Industrial

Market Cap: ฿549.2m

Engages in the production and sells of natural and synthetic rubber parts, and moldings for automobiles and motorcycles in Thailand.

D.T.C. Enterprise

Market Cap: ฿1.1b

Provides global positioning system (GPS) products and services in Thailand.

Qualitech

Market Cap: ฿153.8m

Provides non-destructive testing, inspection, and certification services for welding and metal works, and equipment in Thailand and internationally.

General Environmental Conservation

Market Cap: ฿410.2m

Engages in the treatment of industrial waste and unavoidable by-products of manufacturing processes in Thailand.

Union Plastic

Market Cap: ฿555.0m

Manufactures and sells thermoplastics primarily in Thailand.

Jack Chia Industries (Thailand)

Market Cap: ฿1.1b

Manufactures and distributes pharmaceutical and cosmetic products in Thailand.

TBN Corporation

Market Cap: ฿392.0m

Engages in the sales and development of software in Thailand.

Sahamit Machinery

Market Cap: ฿1.8b

Imports and distributes materials, machinery, and appliances for industries in Thailand.

United Paper

Market Cap: ฿4.7b

Engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand.

Shangri-La Hotel

Market Cap: ฿6.2b

Engages in hotel operations in Bangkok and Chiang Mai provinces.

MC Group

Market Cap: ฿8.8b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

Applicad

Market Cap: ฿772.8m

Engages in the sale of computer programs primarily in Thailand and Indonesia.

Teka Construction

Market Cap: ฿510.0m

Operates as a construction business in Thailand.

Bangkok Union Insurance

Market Cap: ฿623.9m

Provides general insurance products in Thailand.

Thoresen Thai Agencies

Market Cap: ฿8.8b

Operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania.

Healthlead

Market Cap: ฿1.6b

Engages in developing, importing, and distributing drugs, pharmaceuticals, cosmetic products, dietary supplements, medical devices, other healthcare products.