Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Hi-Lex

Market Cap: JP¥120.1b

Operates in the automotive, industrial equipment, and medical equipment sectors in Japan and internationally.

Ascentech K.K

Market Cap: JP¥23.0b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.4b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Niching Industrial

Market Cap: NT$3.3b

Manufactures, markets and sells semiconductor, flat panel display, LED, green energy, and nanotechnology products.

Unitech Computer

Market Cap: NT$6.6b

Engages in the design, manufacture, sale, import and export of computers, computer peripheral equipment and automatic identification systems in Asia, America, Europe, and Oceania.

Gem-Year IndustrialLtd

Market Cap: CN¥5.0b

Engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.

Komori

Market Cap: JP¥84.8b

Engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China.

Vinacomin - Power Holding

Market Cap: ₫9.1t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Center International GroupLtd

Market Cap: CN¥7.5b

Provides building metal enclosure systems solutions in China.

VICOM

Market Cap: S$585.0m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Advancetek EnterpriseLtd

Market Cap: NT$11.0b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

Business Brain Showa-Ota

Market Cap: JP¥38.8b

Provides consulting and systems development, and business management services in Japan.

Otec

Market Cap: JP¥40.1b

Trades pipework equipment in Japan.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.4b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

PBA Holdings Bhd

Market Cap: RM 632.2m

An investment holding company, operates as a water supplier in Malaysia.

KinjiroLtd

Market Cap: JP¥26.3b

Provides human resource management (HRM) solution services.

Techno Smart

Market Cap: JP¥23.2b

Provides liquid crystal-related film and cast film manufacturing devices.

Te Chang Construction

Market Cap: NT$7.4b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Nestlé Pakistan

Market Cap: PK₨362.8b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Bonny Worldwide

Market Cap: NT$8.4b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.

Synmosa Biopharma

Market Cap: NT$16.6b

A specialty pharmaceutical company, researches, develops, manufactures, markets, and distributes pharmaceutical and healthcare products under the Synmosa brand in Taiwan.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥6.0b

Provides green energy solutions worldwide.

Lungyen Life Service

Market Cap: NT$19.8b

Provides funeral facilities and services in Taiwan.

HannStar Board

Market Cap: NT$45.9b

Manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan.

Machvision

Market Cap: NT$32.6b

Develops and sells machine vision systems for semiconductor and printed circuit board (PCB) industry in Taiwan.

Lucky Cement

Market Cap: NT$6.0b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Ohashi Technica

Market Cap: JP¥31.2b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, China, Thailand, ASEAN, Europe, Taiwan, and internationally.

Wholetech System Hitech

Market Cap: NT$10.2b

Provides system integration services in Taiwan, China, Japan, and Singapore.

YuanShengTai Dairy Farm

Market Cap: HK$1.4b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Indo Farm Equipment

Market Cap: ₹9.6b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Allmed Medical ProductsLtd

Market Cap: CN¥7.1b

Allmed Medical Products Co., Ltd manufactures and sells wound care and nursing material products in China.

Ajman Bank PJSC

Market Cap: د.إ3.6b

Provides various banking products and services for individuals, businesses, and government institutions in the United Arab Emirates.

Shangri-La Hotel

Market Cap: ฿6.5b

Operates hotels in Bangkok and Chiang Mai provinces.

Enviro Infra Engineers

Market Cap: ₹33.2b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Grade Upon Technology

Market Cap: NT$16.6b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.