Global Net Cash Stocks With A Growth Track Record

Shanghai Allist Pharmaceuticals

Market Cap: CN¥44.2b

A pharmaceutical company, engages in the research and development of tumor-targeted drugs in China.

Nippon Life India Asset Management

Market Cap: ₹557.8b

Nippon Life Asset Management Limited is a publicly owned investment manager.

Bharat Dynamics

Market Cap: ₹554.8b

Manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India.

Imeik Technology DevelopmentLtd

Market Cap: CN¥43.8b

Engages in the research and development, production, and transformation of biomedical soft tissue repair materials in China.

Indian Railway Catering & Tourism

Market Cap: ₹549.4b

Engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India.

DPM Metals

Market Cap: CA$8.5b

A gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.

Yealink Network Technology

Market Cap: CN¥42.7b

Provides video conferencing, voice communications, and collaboration solutions worldwide.

Boot Barn Holdings

Market Cap: US$5.9b

Operates specialty retail stores in the United States and internationally.

Sectra

Market Cap: SEK 55.6b

Provides solutions for medical IT and cybersecurity sectors in Sweden, the United Kingdom, the Netherlands, and rest of Europe.

Bupa Arabia for Cooperative Insurance

Market Cap: ر.س21.9b

Engages in the insurance business in the Kingdom of Saudi Arabia.

Groupe Dynamite

Market Cap: CA$8.1b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada and the United States.

Multi Commodity Exchange of India

Market Cap: ₹513.7b

A commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India.

Mao Geping Cosmetics

Market Cap: HK$44.5b

Provides color cosmetics and skincare products under the MAOGEPING and Love Keeps brands in China.

Zhejiang Cfmoto PowerLtd

Market Cap: CN¥40.4b

Engages in the development, manufacture, marketing, and delivery of motorcycles, off-road vehicles, engines, frames, parts, apparel, and accessories in China, rest of Asia, North America, Oceania, Africa, South America, and Europe.

HD HYUNDAI Marine SolutionLTD

Market Cap: ₩8.3t

HD Hyundai Marine Solution Co., Ltd. provides integrated engineering-based services to Hyundai brand ships.

CAVA Group

Market Cap: US$5.7b

Owns and operates a chain of restaurants under the CAVA brand in the United States.

Air Arabia PJSC

Market Cap: د.إ20.1b

Provides air travel services.

Argan

Market Cap: US$5.5b

Through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom.

Bestechnic (Shanghai)

Market Cap: CN¥38.4b

Engages in the research, design, development, manufacture, and sale of smart audio and video SoC chips in China.

NetEase Cloud Music

Market Cap: HK$42.0b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Amlogic (Shanghai)Ltd

Market Cap: CN¥38.1b

Engages in the research and development, designing, and sale of system-level SoC chips and peripheral chips.

Flughafen Wien

Market Cap: €4.6b

Engages in the construction and operation of civil airports and related facilities in Austria and Malta.

National Aluminium

Market Cap: ₹477.5b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

L&T Technology Services

Market Cap: ₹470.6b

Operates as an engineering research and development services company in India, North America, Europe, and internationally.

Badger Meter

Market Cap: US$5.3b

Manufactures and markets flow measurement, quality, control, and communication solutions worldwide.

Hexaware Technologies

Market Cap: ₹460.9b

Provides information technology consulting, software development, and business process services worldwide.

Qualys

Market Cap: US$5.1b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Nampak Zimbabwe

Market Cap: US$644.2m

Through its subsidiaries, manufactures and sells paper, plastic, and metal packaging products in Zimbabwe and internationally.

Perseus Mining

Market Cap: AU$7.6b

Explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan.

Giant Biogene Holding

Market Cap: HK$38.7b

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

Avic Aviation High-Technology

Market Cap: CN¥35.1b

Researches, develops, manufactures, and sells aviation materials and intelligent equipment in China.

Scancom

Market Cap: GH₵55.7b

Provides telecommunications services in Ghana.

GlaxoSmithKline Pharmaceuticals

Market Cap: ₹434.8b

Manufactures, distributes, and trades in pharmaceuticals in India and internationally.

Company for Cooperative Insurance

Market Cap: ر.س18.0b

Operates as an insurance company in the Kingdom of Saudi Arabia.

Escorts Kubota

Market Cap: ₹427.1b

Manufactures and sells agricultural and construction equipment in India and internationally.

PETRONAS Dagangan Berhad

Market Cap: RM 19.7b

Engages in retailing and marketing of downstream petroleum products primarily in Malaysia.