Global Net Cash Stocks With A Growth Track Record

AVIC Shenyang Aircraft

Market Cap: CN¥132.3b

Engages in the manufacture and sale of aviation products in China.

Ulta Beauty

Market Cap: US$18.4b

Operates as a specialty beauty retailer in the United States.

Beijing Kingsoft Office Software

Market Cap: CN¥129.3b

Provides WPS Office series products and services to enterprises in China and internationally.

Watsco

Market Cap: US$17.3b

Engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean.

DocuSign

Market Cap: US$17.1b

Provides electronic signature solution in the United States and internationally.

F5

Market Cap: US$16.2b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

OBICLtd

Market Cap: JP¥2.3t

Provides system integration, system support, office automation, and package software services.

Dynatrace

Market Cap: US$16.0b

Provides a security platform for hybrid and multicloud ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Deckers Outdoor

Market Cap: US$15.3b

Designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.

Wise

Market Cap: UK£11.1b

Provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally.

Paycom Software

Market Cap: US$14.4b

Provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.

Sociedad Minera Cerro VerdeA

Market Cap: US$13.8b

Engages in the extraction, production, marketing, and sales of copper cathodes, copper concentrates, and molybdenum concentrates in Peru.

Siemens

Market Cap: ₹1.2t

Manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, general purpose machinery, other electrical equipment, electronic components, and optical products in India and internationally.

United Spirits

Market Cap: ₹1.1t

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

BB Seguridade Participações

Market Cap: R$74.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Texas Roadhouse

Market Cap: US$12.6b

Operates casual dining restaurants in the United States and internationally.

Hims & Hers Health

Market Cap: US$12.3b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

SABIC Agri-Nutrients

Market Cap: ر.س45.7b

Engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients and chemical products in Singapore, the United States, India, the Kingdom of Saudi Arabia, the United Arab Emirates, Bangladesh, Pakistan, and internationally.

HDFC Asset Management

Market Cap: ₹1.0t

A publically owned investment manager.

BSE

Market Cap: ₹1.0t

Provides a platform for trading in equity, currencies, debt instruments, derivatives, mutual funds, and other securities in India and internationally.

CTS Eventim KGaA

Market Cap: €10.2b

Operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, the United Kingdom, Sweden, Finland, Spain, Brazil, Denmark, the Netherlands, and internationally.

Tsingtao Brewery

Market Cap: HK$90.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Eoptolink Technology

Market Cap: CN¥82.2b

Engages in the research and development, manufacture, and sale of optical transceivers in China and internationally.

Cochlear

Market Cap: AU$17.5b

Provides implantable hearing solutions for children and adults worldwide.

Manhattan Associates

Market Cap: US$11.2b

Develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations.

Lundin Gold

Market Cap: CA$15.3b

Operates as a mining company in Canada.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ40.8b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

ICICI Lombard General Insurance

Market Cap: ₹939.9b

Provides various general insurance products and services in India.

China Resources Mixc Lifestyle Services

Market Cap: HK$84.5b

An investment holding company, engages in the provision of property management and commercial operational services in the People’s Republic of China.

GEA Group

Market Cap: €9.4b

Produces and supplies systems and components to the food, beverage, and pharmaceutical industries worldwide.

Giant Biogene Holding

Market Cap: HK$81.2b

An investment holding company, designs, develops, and manufactures skin treatment products with recombinant collagen in the People’s Republic of China.

Luckin Coffee

Market Cap: US$10.3b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

Persistent Systems

Market Cap: ₹845.1b

Provides software products, services, and technology solutions in India, North America, and internationally.

Descartes Systems Group

Market Cap: CA$13.5b

Provides global logistics technology solutions worldwide.

OMV Petrom

Market Cap: RON 43.1b

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

Rockwool

Market Cap: DKK 63.5b

Produces and sells stone wool insulation products in Western Europe, Eastern Europe, Russia, North America, Asia, and internationally.