Global Automobiles Low Leverage High Rewards

Loncin Motor

Market Cap: CN¥32.8b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Ningbo Gaofa Automotive Control System

Market Cap: CN¥3.6b

Ningbo Gaofa Automotive Control System Co., Ltd.

Depo Auto Parts Industrial

Market Cap: NT$23.7b

Manufactures and sells automotive and other related lighting products in Taiwan, Asia, and Americas.

Ling Yun Industrial

Market Cap: CN¥14.4b

Engages in the production and sale of automotive plastic, and plastic piping systems in China.

NOK

Market Cap: JP¥451.3b

Manufactures, imports, and sells seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemical products, and electronic and various other products in Japan and internationally.

Magna International

Market Cap: CA$21.5b

Manufactures and supplies vehicle engineering, contract, and automotive space.

T.RAD

Market Cap: JP¥49.1b

Engages in the research and development, manufacture, and sale of heat exchangers for automobiles, construction and industrial machines, air conditioners, generators, and others in Japan, the United States, China, rest of Asia, and internationally.

Shanghai Xinpeng IndustryLtd

Market Cap: CN¥5.2b

Engages in the manufacture of automotive parts, metal and communication parts in China and internationally.

Muro

Market Cap: JP¥7.9b

Manufactures and sells metal and resin-related parts in Japan.

New Hoong Fatt Holdings Berhad

Market Cap: RM 253.0m

An investment holding company, manufactures, markets, distributes, and trades in automotive parts and accessories in the replacement market.

Tokyo Radiator Mfg.Co.Ltd

Market Cap: JP¥14.6b

Manufactures and sells heat exchangers and body components in Japan, China, and rest of Asia.

HKS

Market Cap: JP¥3.1b

Engages in the manufacture and sale of automobile aftermarket parts in Japan and internationally.

FAWER Automotive Parts Limited

Market Cap: CN¥9.7b

Engages in the research and development, manufacture, and sale of auto parts in China and internationally.

Aeolus Tyre

Market Cap: CN¥5.0b

Manufactures and sells industrial tires for trucks, buses, and construction machinery vehicles in China and internationally.

Meiwa Industry

Market Cap: JP¥4.3b

Manufactures and sells automotive interior parts in Japan.

DENSO

Market Cap: JP¥5.8t

Engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally.

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.5b

Engages in the research, development, production, and sale of transmission drive shafts and related components in China and internationally.

E. Schnapp Works

Market Cap: ₪193.1m

Manufactures and sells batteries for vehicles in Israel and internationally.

Streamax Technology

Market Cap: CN¥9.0b

Researches and develops, manufactures, and sells artificial intelligence (AI) powered mobile safety and industrial management solutions for commercial vehicles in China and internationally.

TS TECH

Market Cap: JP¥213.6b

Engages in development, manufacture, and sale of seats for automobiles.

Koito Manufacturing

Market Cap: JP¥624.7b

Engages in the manufacture and sale of automotive lighting devices, aircraft parts, railway vehicle parts, electrical equipment, and other related products in Japan.

Toyo Tire

Market Cap: JP¥686.7b

Manufactures and sells tires in Japan, North America, and internationally.

Aisin

Market Cap: JP¥2.2t

Manufactures and sells automotive parts, lifestyle, and energy and wellness related products in Japan.

Heilongjiang Tianyouwei Electronics

Market Cap: CN¥14.7b

Heilongjiang Tianyouwei Electronics Co., Ltd.

Global PMX

Market Cap: NT$13.3b

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.

Car Mate Mfg

Market Cap: JP¥6.2b

Primarily manufactures and sells car accessories.

Stanley Electric

Market Cap: JP¥395.0b

Engages in the manufacture, sale, and import/export of automotive and other light bulbs in Japan and internationally.

Nanning Baling Technology

Market Cap: CN¥2.0b

Engages in the research, development, production, and sale of automotive parts in Mainland China.

Ichikoh Industries

Market Cap: JP¥48.8b

Designs, develops, manufactures, and sells automotive lamps and other products for automobile manufacturers in Japan and internationally.

Tanaka Seimitsu Kogyo

Market Cap: JP¥11.6b

Manufactures and sells automobile and motorcycle parts, and general-purpose parts in Japan and internationally.

Winnebago Industries

Market Cap: US$1.2b

Manufactures and sells recreation outdoor lifestyle products primarily for use in leisure travel and outdoor recreation activities.

Tigers Polymer

Market Cap: JP¥18.8b

Manufactures and sells rubber hoses, sheets, and molded products primarily to automotive, electrics, air conditioning, construction and housing, and industrial materials markets in Japan, Southeast Asia, the Americas, and China.

Shanghai Automobile Air-Conditioner Accessories

Market Cap: CN¥5.1b

Shanghai Automobile Air-Conditioner Accessories Co., Ltd.

Tgi Infrastructures

Market Cap: ₪197.2m

Together with its subsidiary, produces, processes, assembles, and markets mechanical assemblies made of magnesium for the automotive industry in Israel.

Toyota Boshoku

Market Cap: JP¥446.8b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

NHK Spring

Market Cap: JP¥505.3b

Manufactures and sells automotive parts in Japan, rest of Asia, America, Europe, and internationally.