Taiwanese Low Leverage High Rewards

Litemax Electronics

Market Cap: NT$2.4b

Engages in the research, development, manufacture, and sale of LCD panels and monitors in the United States, Asia, and Europe.

Airtac International Group

Market Cap: NT$181.0b

Manufactures and sells pneumatic control components worldwide.

Merry Electronics

Market Cap: NT$28.9b

Engages in the manufacture, processing, repair, and sale of electric appliances, audiovisual electric products, telecommunication equipment and apparatus, computers and computing peripheral equipment, restrained telecom radio frequency equipment, medical appliances, and electronic parts and components in the United States, Taiwan, Europe, China, and internationally.

Sunspring Metal

Market Cap: NT$5.4b

Manufactures, processes, and trades water pipe switch accessories, gate valves, corks, copper pipe fittings, and waterway sanitary equipment in Taiwan and internationally.

United Microelectronics

Market Cap: NT$573.3b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

YungShin Global Holding

Market Cap: NT$17.5b

Through its subsidiaries, invests in, manufactures, and sells medicines, animal drugs, agricultural chemicals, industrial medicines, and cosmetics.

Dah San Electric Wire & Cable

Market Cap: NT$9.9b

Engages in the production and sale of power cables, communication cables, electronic wires, and bare copper wires.

Kung Long Batteries IndustrialLtd

Market Cap: NT$11.8b

Engages in the manufacture and sale of lead-acid batteries in Taiwan.

King Chou Marine Technology

Market Cap: NT$3.8b

Manufactures, processes, exports, and imports fishing nets for the marine industries under the King Net brand name worldwide.

NAK Sealing Technologies

Market Cap: NT$9.6b

Manufactures and sells oil seals and technical sealing products in Taiwan, China, rest of Asia, Europe, America, and Africa.

New Era Electronics

Market Cap: NT$6.9b

Engages in the design, manufacture, assembly, and sale of printed circuit boards (PCBs) in Taiwan and internationally.

PixArt Imaging

Market Cap: NT$32.5b

Researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan, Hong Kong, China, Japan, and internationally.

Tailyn Technologies

Market Cap: NT$2.0b

Provides industrial communication products for communication and applications sectors in Taiwan.

Bright LED Electronics

Market Cap: NT$3.2b

Manufactures and sells light-emitting diodes, indicator lights, displays, and other products in China, Taiwan, Korea, the United States, and internationally.

Yageo

Market Cap: NT$238.5b

Engages in the manufacture and sale of passive components in China, Europe, the United States, and rest of Asia.

Soonest Express

Market Cap: NT$2.6b

Provides integrated logistics solutions in Taiwan and internationally.

NANTEX Industry

Market Cap: NT$13.5b

Nantex Industry Co., Ltd., together with its subsidiaries, manufactures, processes, and sells various types of latex, rubber, and related products in Taiwan, China, Thailand, Malaysia, and internationally.

Formosan Rubber Group

Market Cap: NT$7.9b

Formosan Rubber Group Inc., together with its subsidiaries, manufacturing and selling rubber and plastic sheets, plastic foam, resin sheets, and related materials.

Otsuka Information Technology

Market Cap: NT$4.1b

Designs, trades, maintains, imports, and exports hardware, software, computers, networks, and accessories in Taiwan and China.

Chicony Power Technology

Market Cap: NT$43.7b

Develops, manufactures, and sells switching power supplies, electronic components and LED lighting modules, and smart building solutions in Taiwan.

Taiwan Fire & Marine Insurance

Market Cap: NT$13.2b

Provides various insurance products and services in Taiwan.

Well Shin Technology

Market Cap: NT$6.9b

Engages in the manufacture, wholesale, and retail of wire and cable products, electronic components, and electronic materials in Asia, the United States, Europe, and internationally.

Ya Horng Electronic

Market Cap: NT$5.3b

Manufactures and sells audio products, household appliances, and healthcare products in Taiwan, the United States, Japan, France, and internationally.

Wah Hong Industrial

Market Cap: NT$3.3b

Engages in the development, production, and sale of composite materials and advanced plastic compounds in Taiwan and internationally.

Excelliance MOS

Market Cap: NT$4.1b

Engages in the manufacture and sale of power components and integrated circuits in Taiwan.

LARGAN PrecisionLtd

Market Cap: NT$295.0b

Manufactures and sells precision optical plastic lenses in China, South Korea, Vietnam, Japan, and internationally.

FuSheng Precision

Market Cap: NT$47.6b

Engages in the golf and sports equipment businesses in Japan, the United States, and internationally.

Coremax

Market Cap: NT$5.3b

Engages in the research, development, manufacture, and marketing of metal-based specialty chemicals and electronic/battery materials in Taiwan.

Unique Opto-ElectronicsLtd

Market Cap: NT$1.3b

Develops, manufactures, processes, and trades in various optical glasses, optical lenses, and lens blanks in Taiwan and internationally.

WW Holding

Market Cap: NT$5.7b

Manufactures and sells sports equipment, clothing, and accessories; handbags; belts; suitcases; and leather accessories in the United States, Mainland China, Belgium, France, Germany, and internationally.

Formosan Union Chemical

Market Cap: NT$8.4b

Produces and sells chemical products in Taiwan, China, Guatamela, the Philippines, Vietnam, the Unites State, and internationally.

Winmate

Market Cap: NT$11.1b

Engages in the research and development, manufacture, and sales of rugged display equipment and rugged mobile computer in Europe, Asia, the United States, and internationally.

Sincere Security

Market Cap: NT$1.3b

Engages in the cleaning, security, and mechanical and electrical maintenance services in Taiwan.

Richmond International Travel & ToursLtd

Market Cap: NT$3.3b

Operates as a travel agency in Taiwan.

King's Town Bank

Market Cap: NT$54.0b

Provides various banking products and services in Taiwan.

GEM Services

Market Cap: NT$8.4b

Provides services for power management semiconductors.