Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Nestlé Pakistan

Market Cap: PK₨405.9b

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

ITCENGLOBAL

Market Cap: ₩395.6b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

ITOCHU-SHOKUHIN

Market Cap: JP¥135.7b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Nippon Sharyo

Market Cap: JP¥35.6b

Engages in the manufactures and sale of railway vehicles, construction machinery, transportation equipment, steel structures, construction; and engineering and other activities in Japan, the United States, Asia, and internationally.

AIC

Market Cap: NT$12.9b

Provides OEM/ODM, commercial off-the-shelf, and server and storage solutions in the United States, Asia, and Europe.

Rrp Semiconductor

Market Cap: ₹50.7b

Trades in electronic parts in India.

Q P Group Holdings

Market Cap: HK$883.1m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Firich Enterprises

Market Cap: NT$7.6b

Engages in the assembly, manufacture, import, and export of business-oriented computers and its peripheral equipment in Taiwan, China, rest of the Asia, Europe, and the United States.

Korea Ratings

Market Cap: ₩444.3b

Provides credit rating and business valuation services in South Korea.

DYPNFLtd

Market Cap: ₩182.9b

Manufactures and sells powder transport equipment in South Korea, the United States, the Middle East, Southeast Asia, Europe, and internationally.

MSC

Market Cap: ₩141.2b

Engages in the research and development, production, marketing, and sale of various food additives in South Korea.

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Ve Wong

Market Cap: NT$9.3b

Produces and distributes foods, drinks, and seasonings in Taiwan, Thailand, and Vietnam.

Hollyland (China) Electronics Technology

Market Cap: CN¥2.8b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.5b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Marusan Securities

Market Cap: JP¥62.4b

Engages in the financial products trading business in Japan.

Techno Smart

Market Cap: JP¥20.0b

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

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.5b

Tibet Rhodiola Pharmaceutical Holding Co.

Jiangsu Longda Superalloy

Market Cap: CN¥5.2b

Engages in research, development, production, and sale of metal alloy products in China and internationally.

Anji Foodstuff

Market Cap: CN¥2.6b

Engages in the research and development, production, and sale of condiments in China and internationally.

Shanghai Guangdian Electric Group

Market Cap: CN¥3.3b

Shanghai Guangdian Electric Group Co., Ltd.

Innovana Thinklabs

Market Cap: ₹10.7b

Engages in the software and application development business in India, the United States, and internationally.

Krishana Phoschem

Market Cap: ₹31.8b

Engages in the manufacture and sale of fertilizers and chemicals in India.

First Copper Technology

Market Cap: NT$11.9b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

Monarch Networth Capital

Market Cap: ₹26.5b

Provides financial services to high net worth individuals, institutional and foreign investors, financial institutions, and corporate clients in India.

Guangzhou Devotion Thermal Technology

Market Cap: CN¥3.0b

Guangzhou Devotion Thermal Technology Co., Ltd.

Top Union Electronics

Market Cap: NT$4.6b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Qingmu Tec

Market Cap: CN¥5.1b

Provides brand retail solutions.

Renaissance Global

Market Cap: ₹11.5b

Manufactures and sells diamond studded jewellery in India and internationally.

Tait Marketing & Distribution

Market Cap: NT$4.4b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Fengyinhe Holdings

Market Cap: HK$1.3b

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

Billion Industrial Holdings

Market Cap: HK$9.3b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Huang Hsiang Construction

Market Cap: NT$13.0b

Engages in development of residential and commercial properties.

Wan Hwa Enterprise

Market Cap: NT$5.1b

Engages in the rental of commercial buildings in Taiwan.

AOKI Holdings

Market Cap: JP¥151.5b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.