Global Net Cash Stocks With A Growth Track Record

Binjiang Service Group

Market Cap: HK$7.0b

Provides property management and related services in the People’s Republic of China.

PSG Corporation

Market Cap: ฿29.9b

Together with its subsidiary, engages in turnkey engineering, procurement, and construction (EPC), and large-scale construction projects in Thailand and the Lao People’s Democratic Republic.

Docebo

Market Cap: CA$1.2b

Develops and provides a learning management platform for training in North America and internationally.

RaySearch Laboratories

Market Cap: SEK 8.5b

A medical technology company, provides software solutions for cancer care in the Americas, Europe, Africa, the Asia-Pacific, and the Middle East.

Sichuan Chuanhuan TechnologyLtd

Market Cap: CN¥6.4b

Engages in the research, development, production, and sale of automotive rubber hose series products in China.

Monarch Cement

Market Cap: US$871.6m

Engages in the manufacture and sale of portland cement in the United States.

NINGBO HENGSHUAI

Market Cap: CN¥6.3b

Ningbo Hengshuai Co., Ltd. manufactures and sells automotive micro-motors and components worldwide.

HD-Hyundai Marine Engine

Market Cap: ₩1.2t

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

Administradora de Fondos de Pensiones Capital

Market Cap: CL$773.1b

Administradora de Fondos de Pensiones Capital S.A.

Alfa Financial Software Holdings

Market Cap: UK£617.1m

Through its subsidiaries, provides software and consultancy services to the auto and equipment finance industry in the United Kingdom, the United States, rest of Europe, the Middle East, Africa, and internationally.

Lydia Yesil Enerji Kaynaklari

Market Cap: ₺31.3b

Engages in the production and sale of electricity and heat energy in Turkey.

Hiday Hidaka

Market Cap: JP¥116.1b

Engages in the restaurant business in Japan.

eMudhra

Market Cap: ₹68.5b

Provides trust and enterprise solutions to individuals and organizations worldwide.

Mani

Market Cap: JP¥114.4b

Engages in the manufacture and distribution of medical devices and dental instruments in Japan and internationally.

Hangzhou Greenda Electronic Materials

Market Cap: CN¥5.8b

Hangzhou Greenda Electronic Materials Co., Ltd.

Taiwan Speciality Chemicals

Market Cap: NT$25.8b

Manufactures and sells specialty electronic-graded gases and chemicals in Taiwan.

Napco Security Technologies

Market Cap: US$792.5m

Develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally.

MicroPort NeuroScientific

Market Cap: HK$6.0b

Engages in the research and development, production, and sale of neuro-interventional medical devices in the People’s Republic of China and internationally.

Bouvet

Market Cap: NOK 8.0b

Provides IT and digital communication consultancy services for public and private sectors in Norway, Sweden, and internationally.

ARGO GRAPHICS

Market Cap: JP¥108.9b

Provides technical solutions in Japan.

African Rainbow Capital Investments

Market Cap: R14.1b

An investment holding company, invests in a portfolio of listed and unlisted investments in South Africa, rest of Africa, and internationally.

DIP

Market Cap: JP¥106.1b

A labor force solution company, provides personnel recruiting services in Japan.

Jilin Expressway

Market Cap: CN¥5.4b

Through its subsidiaries, invests in, develops, constructs, operates, manages, and maintains toll roads in the Jilin Province, China.

Illovo Sugar (Malawi)

Market Cap: MK 1.3t

Engages in the manufacture and sale of sugar from sugar cane in Malawi.

Zuken

Market Cap: JP¥104.6b

A software company, provides advanced design solutions for the creation and management of printed circuit board (PCB) designs, electrical and fluid systems, and 3D cabinet and wire harness layouts in Japan, Asia, the United States, and Europe.

Cita Mineral Investindo

Market Cap: Rp12.4t

Engages in bauxite mining activities in Indonesia.

Data#3

Market Cap: AU$1.1b

Engages in the provision of information technology (IT) solutions and services in Australia, Fiji, and the Pacific Islands.

GHTLtd

Market Cap: CN¥5.3b

Engages in the research and development, production, sale, and servicing of information and communication technology related products in China.

Ethan Allen Interiors

Market Cap: US$693.2m

Operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally.

Sunmax Biotechnology

Market Cap: NT$22.4b

A biomedical company, develops, manufactures, and markets collagen-based medical devices in Taiwan and Mainland China.

REX American Resources

Market Cap: US$688.5m

Produces and sells ethanol in the United States.

Midi Utama Indonesia

Market Cap: Rp11.6t

Engages in the retail of consumer products in Indonesia.

Maxvalu TokaiLtd

Market Cap: JP¥96.1b

Operates and manages a chain of supermarkets in Japan.

Plejd

Market Cap: SEK 6.5b

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

Zentiva

Market Cap: RON 3.2b

Engages in the production and marketing of preparations and medicines for human use in Romania and internationally.

Shandong Boyuan Pharmaceutical & Chemical

Market Cap: CN¥4.8b

Shandong Boyuan Pharmaceutical & Chemical Co., Ltd.