Global Capital Goods Net Cash Stocks With A Growth Track Record

Beijing Sifang AutomationLtd

Market Cap: CN¥13.3b

Supplies power transmission, transformation protection, automation systems, power generation, enterprise power, and power distribution and consumption systems in China and internationally.

Zhejiang Zhaolong Interconnect TechnologyLtd

Market Cap: CN¥12.5b

Zhejiang Zhaolong Interconnect Technology Co.,Ltd.

Finolex Cables

Market Cap: ₹147.8b

Engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally.

Gibraltar Industries

Market Cap: US$1.7b

Manufactures and provides products and services for the residential, renewable energy, agtech, and infrastructure markets in the United States and internationally.

IndiaMART InterMESH

Market Cap: ₹142.8b

Operates an online business-to-business marketplace for business products and services in India and internationally.

Invisio

Market Cap: SEK 15.9b

Develops and sells communication and hearing protection systems for professionals in the defense, law enforcement, and security sectors in Sweden, the United Kingdom, Denmark, rest of Europe, the United States, and internationally.

Engineers India

Market Cap: ₹130.5b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Sanil Electric

Market Cap: ₩2.1t

Manufactures and sell transformer in Korea and internationally.

Weichai Heavy Machinery

Market Cap: CN¥10.3b

Develops, manufactures, and sells diesel engines, generating units, and power integration systems for ship power and power generation equipment in China.

Ingersoll-Rand (India)

Market Cap: ₹119.6b

Manufactures and sells industrial air compressors in India.

Ningbo Haitian Precision MachineryLtd

Market Cap: CN¥9.8b

Ningbo Haitian Precision Machinery Co.,Ltd.

Jiangxi Xinyu Guoke Technology

Market Cap: CN¥8.2b

Manufactures and sells military products.

HD-Hyundai Marine Engine

Market Cap: ₩1.5t

Manufactures and sells marine engines, industrial facilities, and plants in South Korea and internationally.

Voltamp Transformers

Market Cap: ₹90.9b

Manufactures and sells electrical transformers.

Praj Industries

Market Cap: ₹90.8b

Operates in the field of bio-based technologies and engineering worldwide.

Sinoseal Holding

Market Cap: CN¥7.4b

Engages in the research and development, manufacture, and sale of mechanical seals and their auxiliary systems in China and internationally.

Kirloskar Pneumatic

Market Cap: ₹86.3b

Engages in the design, manufacture, and supply industrial air compressors, gas compressors, and pneumatic tools in India and internationally.

Zhongtong Bus HoldingLTD

Market Cap: CN¥6.7b

Engages in the manufacture and sale of buses in China.

ESAB India

Market Cap: ₹77.9b

Manufactures and sells welding and cutting equipment and consumables in India.

Renew Holdings

Market Cap: UK£650.7m

Provides engineering services in the United Kingdom.

RIAMB (Beijing) Technology Development

Market Cap: CN¥6.2b

RIAMB (Beijing) Technology Development Co., Ltd.

Shanghai Bloom Technology

Market Cap: CN¥6.0b

Provides pneumatic conveying and processing equipment for powder materials in China.

Galilei

Market Cap: JP¥121.0b

Through its subsidiaries, manufactures and sale of commercial refrigerators and freezers, plug-in type and remote type showcases, and other equipment in Japan and internationally.

Ajax Engineering

Market Cap: ₹71.9b

Manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥5.8b

Provides specialized engineering technical services in China.

Snt DynamicsLtd

Market Cap: ₩1.1t

Manufactures and sells precision machinery.

Plejd

Market Cap: SEK 6.9b

A technology company, develops products and services for smart lighting control in Sweden, Norway, Finland, the Netherlands, Germany, and internationally.

SNT Energy

Market Cap: ₩865.5b

Operates in the machinery industry.

Byrna Technologies

Market Cap: US$600.9m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

JDM JingDaMachine (Ningbo)Ltd

Market Cap: CN¥4.3b

Produces and sells precision stamping parts in China and internationally.

Zhejiang Fengmao Technology

Market Cap: CN¥4.2b

Engages in the research and development, manufacture, and sale of belt driven, fluid pipeline, and rubber sealing systems in China.

Swaraj Engines

Market Cap: ₹47.6b

Manufactures and sells diesel engines, diesel engine components, and spare parts for tractors in India.

Wuhan Xianglong Power IndustryLtd

Market Cap: CN¥4.0b

Engages in the water supply and construction businesses in China.

Yalian Machinery

Market Cap: CN¥4.0b

Engages in the research, development, production, service, and sale of wood-based panel production lines and supporting equipment.

Wilson Bayly Holmes-Ovcon

Market Cap: R9.7b

Operates as a construction company in South Africa, rest of Africa, and the United Kingdom.

Galliford Try Holdings

Market Cap: UK£398.1m

Operates in the construction business in the United Kingdom.