Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Engages distribution of electricity in Peru.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.5b

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

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥13.9b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.7b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Taiyuan Heavy Industry

Market Cap: CN¥8.8b

Manufactures and sells heavy-duty machinery in China.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.8b

Engages in the research and development, production, and sale of precipitated silica.

Korea Ratings

Market Cap: ₩435.8b

Provides credit rating and business valuation services in South Korea.

TianJin JinRong TianYu Precision Machinery

Market Cap: CN¥3.2b

TianJin JinRong TianYu Precision Machinery Inc.

Najran Cement

Market Cap: ر.س1.2b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Xinya Electronic

Market Cap: CN¥7.6b

Manufactures and sells wires and cables in China and internationally.

KNJ

Market Cap: ₩212.6b

Manufactures and sells equipment and parts for display panels and semiconductors in Korea and internationally.

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.

Insolation Energy

Market Cap: ₹40.0b

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

Shenzhen China Micro Semicon

Market Cap: CN¥13.5b

An integrated circuit design company, focuses on the research and development of digital-analog mixed-signal chips and analog chips in China.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Jadranski naftovod d.d

Market Cap: €866.6m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Capricorn Group

Market Cap: R11.7b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$30.3b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Morris State Bancshares

Market Cap: US$250.3m

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

Tri-County Financial Group

Market Cap: US$113.4m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Wuxi Xinan Technology

Market Cap: CN¥2.9b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars in China.

Rrp Semiconductor

Market Cap: ₹154.3b

Trades in electronic parts in India.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹76.3b

Produces and sells fertilizers and chemicals in India.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.3b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Synic SolutionLtd

Market Cap: ₩190.3b

Synic Solution Co., Ltd. provides semiconductor design solutions and foundry services to global fabless customers.

Banyan Tree Holdings

Market Cap: S$537.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

MKH Berhad

Market Cap: RM 611.5m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Xiamen Yanjan New Material

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of professional disposable hygiene materials in China and internationally.

Padma Oil

Market Cap: ৳19.2b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Sure Global Tech

Market Cap: ر.س457.7m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

AblePrint Technology

Market Cap: NT$28.0b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Allmed Medical ProductsLtd

Market Cap: CN¥7.0b

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