Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Well Lead Medical

Market Cap: CN¥4.2b

Engages in the development, production, and sale of medical devices in urology, endourology, anaesthesia, respiratory, hemodialysis, and pain management areas worldwide.

Cota

Market Cap: JP¥34.9b

Manufactures and sells quasi drugs in Japan and internationally.

Ebara JitsugyoLtd

Market Cap: JP¥52.5b

Manufactures and sells environment related products in Japan.

Taiyo KagakuLtd

Market Cap: JP¥36.9b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Imuraya Group

Market Cap: JP¥32.2b

Manufactures and sells various food products in Japan and internationally.

Xiamen Yanjan New Material

Market Cap: CN¥2.8b

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

Maharashtra Seamless

Market Cap: ₹76.5b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Billion Industrial Holdings

Market Cap: HK$9.2b

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.

Konishi

Market Cap: JP¥83.4b

Manufactures and sells synthetic adhesives in Japan.

ISE Chemicals

Market Cap: JP¥162.8b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Tibet Weixinkang Medicine

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of chemical drugs and their bulk drugs in China.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Marusan Securities

Market Cap: JP¥61.9b

Engages in the financial products trading business in Japan.

Kyungbangco.Ltd

Market Cap: ₩170.2b

Engages in textile spinning and real estate development businesses in South Korea.

Luxchem Corporation Berhad

Market Cap: RM 449.0m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Kondotec

Market Cap: JP¥43.6b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.

Hyakugo Bank

Market Cap: JP¥226.4b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

Alembic

Market Cap: ₹25.8b

Engages in real estate business in India and internationally.

Thai Steel Cable

Market Cap: ฿3.7b

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

Energy World

Market Cap: AU$207.4m

An independent energy company, engages in the development, production, and sale of power and liquefied natural gas in the Asia Pacific region.

Timex Group India

Market Cap: ₹37.3b

Engages in designing, manufacturing, and trading of watches in India and internationally.

GDEP ADVANCEInc

Market Cap: JP¥15.7b

Engages in the system incubation business in Japan.

Kyoritsu Electric

Market Cap: JP¥20.5b

Provides various systems, testing and measuring instruments, etc.

Otec

Market Cap: JP¥28.3b

Trades pipework equipment in Japan.

Hearts and Minds Investments

Market Cap: AU$748.8m

n/a

Zhubo Design

Market Cap: CN¥2.7b

Engages in architectural design and consulting services in China.

Balaji Telefilms

Market Cap: ₹14.0b

Engages in the television content business in India and internationally.

BLS E-Services

Market Cap: ₹15.7b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Hubei Three Gorges Tourism Group

Market Cap: CN¥4.2b

Provides road passenger transport services in China.

Synic SolutionLtd

Market Cap: ₩189.5b

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

Oswal Greentech

Market Cap: ₹9.8b

Develops real estate projects in India.

Xinjiang Torch Gas

Market Cap: CN¥3.4b

Operates as a gas service company in China.

Torigoe

Market Cap: JP¥25.6b

Manufactures and sells flours and related products in Japan.

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.

Banyan Tree Holdings

Market Cap: S$572.2m

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.