Taiwanese Automobiles Undervalued based on future growth

Cheng Shin Rubber Ind

Market Cap: NT$123.3b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Global PMX

Market Cap: NT$17.3b

Manufactures, processes, and sells precision metal components for automotive products, hard disk drives, medical equipment, and various industrial products primarily in the United States, China, Germany, France, Italy, and Japan.

Hu Lane Associate

Market Cap: NT$15.5b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Macauto Industrial

Market Cap: NT$4.4b

Manufactures and sells automotive curtains, auto parts, lawn mowers in Taiwan.