Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cigniti Technologies

Market Cap: ₹32.5b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

La Positiva Seguros y Reaseguros

Market Cap: S/604.5m

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

Hermes Transportes Blindados

Market Cap: S/754.7m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Tchaikapharma High Quality Medicines AD

Market Cap: €882.3m

Develops, manufactures, and sells medicines in Bulgaria.

YuanShengTai Dairy Farm

Market Cap: HK$1.4b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Ebara JitsugyoLtd

Market Cap: JP¥56.2b

Manufactures and sells environmentally related products.

YFY

Market Cap: NT$40.6b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Uniquest

Market Cap: ₩165.7b

Engages in manufacturing, selling, importing, and exporting of semiconductors, electrical, and electronic components in South Korea, the United States, and Hongkong.

Toukei Computer

Market Cap: JP¥75.6b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥12.6b

Tibet Rhodiola Pharmaceutical Holding Co.

Beijing Hengyu Datacom Aviation Equipment

Market Cap: CN¥4.2b

Beijing Hengyu Datacom Aviation Equipment Co., Ltd.

Soft-World International

Market Cap: NT$14.8b

Develops, operates, and distributes games in Taiwan and China.

Springsnow Food Group

Market Cap: CN¥2.1b

Engages in the research and development, production, processing, and sale of white-feather chicken foods.

Nusantara Pelabuhan Handal

Market Cap: Rp2.6t

Manages and operates container terminals in Indonesia and internationally.

Toho Bank

Market Cap: JP¥193.2b

Provides various banking products and services in Japan.

Sublime China Information

Market Cap: CN¥3.7b

Provides internet and related services in China and internationally.

Otec

Market Cap: JP¥35.4b

Trades pipework equipment in Japan.

PharmaResources (Shanghai)

Market Cap: CN¥5.3b

Engages in new drug research, development, and commercial production in China.

Wan Hwa Enterprise

Market Cap: NT$4.6b

Engages in the real estate business in Taiwan.

Changchai Company

Market Cap: CN¥3.7b

Produces and sells small and medium-sized single cylinder and multi-cylinder diesel engines under the Changchai brand in the People’s Republic of China and internationally.

Te Chang Construction

Market Cap: NT$8.2b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Wacoal Holdings

Market Cap: JP¥221.0b

Engages in the manufacturing, wholesale, and retail sale of intimate apparel, outerwear, sportswear, and other textile products and accessories in Japan, Asia, Oceania, the United States, and Europe.

Walton Advanced Engineering

Market Cap: NT$25.2b

Provides semiconductor packaging and testing services in Taiwan and China.

Brillian Network & Automation Integrated System

Market Cap: NT$16.4b

Brillian Network & Automation Integrated System Co.

Indo Tech Transformers

Market Cap: ₹24.7b

Manufactures and sells transformers in India and internationally.

Shenzhen Sea Star TechnologyLtd

Market Cap: CN¥5.0b

Engages in the intelligent hardware manufacturing, research and development, production and sales of intelligent terminal products in China.

House of Investments

Market Cap: ₱6.8b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

Gem-Year IndustrialLtd

Market Cap: CN¥5.1b

Engages in the research, development, production, and sale of fasteners and hardware tools in China, the United States, Japan, Europe, and internationally.

Shenke Slide Bearing

Market Cap: CN¥2.9b

Researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People’s Republic of China and internationally.

Envipro Holdings

Market Cap: JP¥24.9b

Through its subsidiaries, engages in the resource recycling, global trading, and lithium-ion battery recycling businesses in Japan and internationally.

Changsha Tongcheng HoldingsLtd

Market Cap: CN¥2.9b

Engages in the commercial retail business in China.

Panram International

Market Cap: NT$3.5b

Engages in the design, manufacture, and sale of memory modules and flash memory related products in Taiwan.

Jiangsu Longda Superalloy

Market Cap: CN¥13.1b

Engages in research, development, production, and sale of alloy and superalloy materials in China and internationally.

Timex Group India

Market Cap: ₹38.2b

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