Global Undiscovered Gems With Strong Fundamentals

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.

China SXT Pharmaceuticals

Market Cap: US$203.0m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Vantage

Market Cap: US$142.5m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Morris State Bancshares

Market Cap: US$234.2m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Surya Citra Media

Market Cap: Rp9.9t

Provides multimedia services in Indonesia.

Cantabil Retail India

Market Cap: ₹22.9b

Engages in designing, manufacturing, branding, and retailing apparel and apparel accessories in India.

SML Isuzu

Market Cap: ₹46.7b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Orient Pharma

Market Cap: NT$7.9b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥3.2b

Ningbo Henghe Precision Industry Co.,Ltd.

Bonny Worldwide

Market Cap: NT$8.2b

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

JinXianDai Information IndustryLtd

Market Cap: CN¥4.0b

Provides industry digital solutions for power, rail transit, and petrochemical companies in China.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.4b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Tokyo Tekko

Market Cap: JP¥48.7b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Iljin DiamondLtd

Market Cap: ₩191.5b

Iljin Diamond Co., Ltd. manufactures and sells tool materials in South Korea, the United States, Europe, Japan, China, and internationally.

PAN Group

Market Cap: ₫6.2t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Cigniti Technologies

Market Cap: ₹48.2b

Provides software testing services worldwide.

FALCO HOLDINGS

Market Cap: JP¥22.9b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Araya Industrial

Market Cap: JP¥23.3b

Manufactures and sells steel products in Japan and internationally.

Praise Victor Industrial

Market Cap: NT$10.5b

Designs, produces, and trades in polyurethanes (PU) materials.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س903.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥11.3b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

Kanro

Market Cap: JP¥67.2b

Manufactures and sells confectionery and food products in Japan.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥7.7b

Jiangxi Jiangnan New Material Technology Co., Ltd.

HENGHUI Technology

Market Cap: CN¥12.0b

Engages in the research, development, manufacture, and sale of integrated circuit (IC) card packaging frames and module products primarily in China.

Bonraybio

Market Cap: NT$4.1b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Savior Lifetec

Market Cap: NT$5.9b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Alembic

Market Cap: ₹30.1b

Engages in real estate business in India and internationally.

Saha-Union

Market Cap: ฿8.5b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

CHT Security

Market Cap: NT$12.2b

Provides cybersecurity services.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.8b

Jiangsu Rainbow Heavy Industries Co., Ltd.

KurimotoLtd

Market Cap: JP¥84.5b

Manufactures and sells ductile iron pipes and accessories, valves, industrial equipment and materials, and construction materials in Japan and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥4.2b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Huasi Holding

Market Cap: CN¥2.0b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, and Hong Kong.

Lungyen Life Service

Market Cap: NT$27.3b

Provides funeral facilities and services in Taiwan.