Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Sichuan Fulin Transportation Group

Market Cap: CN¥4.5b

Sichuan Fulin Transportation Group Co., Ltd.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

MAPFRE Middlesea

Market Cap: €142.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Central Forest Group

Market Cap: JP¥22.5b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

An Phat Bioplastics

Market Cap: ₫2.8t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

System ResearchLtd

Market Cap: JP¥28.7b

Provides software development services in Japan.

Kodama Chemical IndustryLtd

Market Cap: JP¥15.9b

Manufactures and sells plastic products in Japan, Thailand, and internationally.

Fengyinhe Holdings

Market Cap: HK$2.4b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Inversiones Siemel

Market Cap: CL$108.8b

An investment holding company, operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Konishi

Market Cap: JP¥88.1b

Manufactures and sells synthetic adhesives in Japan.

Thai Steel Cable

Market Cap: ฿3.8b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

K BankLtd

Market Cap: ₩2.5t

Provides banking products and services.

Daoming Optics&ChemicalLtd

Market Cap: CN¥7.6b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Shenzhen Tongye TechnologyLtd

Market Cap: CN¥3.7b

Engages in the design, research and development, manufacture, sale, after-sales, and maintenance services of rail transit locomotive and vehicle electrical products in China.

Shanghai Skychem Technology

Market Cap: CN¥9.8b

Engages in research and development, production, and sales of functional wet electronic chemicals.

KG Chemical

Market Cap: ₩353.0b

Manufactures and supplies fertilizers and concrete compound ingredients products in South Korea and internationally.

Cyber Security Cloud

Market Cap: JP¥18.0b

Provides web application security services worldwide.

Ascentech K.K

Market Cap: JP¥17.5b

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

Techno Smart

Market Cap: JP¥21.8b

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

Xuchang Yuandong Drive ShaftLtd

Market Cap: CN¥5.3b

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

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Zhejiang Chinastars New Materials Group

Market Cap: CN¥4.5b

Zhejiang Chinastars New Materials Group Co., Ltd.

Chuo WarehouseLtd

Market Cap: JP¥37.9b

Provides various logistics services in Japan and internationally.

Araya Industrial

Market Cap: JP¥19.7b

Manufactures and sells steel products in Japan and internationally.

Jetwell Computer

Market Cap: NT$6.9b

Engages in manufacturing of computers and peripheral equipment in China, Taiwan, and internatinally.

Insolation Energy

Market Cap: ₹19.6b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Shipping Corporation of India

Market Cap: ₹107.8b

A marginal liner shipping company, engages in the business of transporting goods in India.

Ramco Industries

Market Cap: ₹21.4b

Engages in the building products, textiles, and power generation businesses in India.

OpenWork

Market Cap: JP¥18.9b

Engages in the e-working data platform business in Japan.

Palasino Holdings

Market Cap: HK$1.6b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.