Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sociedad Matriz SAAM

Market Cap: CL$1.3t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Tibet TourismLtd

Market Cap: CN¥3.7b

Engages in the tourism, attractions, services, and commerce business in China.

Xuelong GroupLtd

Market Cap: CN¥4.1b

Engages in the research, development, production, and sale of internal combustion engine cooling systems and automotive lightweight plastic products in China.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Thai Steel Cable

Market Cap: ฿3.7b

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

Mulpha International Bhd

Market Cap: RM 900.2m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Xiamen Jihong

Market Cap: CN¥8.0b

Engages in the cross-border social e-commerce and paper packaging solutions business.

Zhongyeda Electric

Market Cap: CN¥6.0b

Engages in the distribution of industrial electrical products in China.

Changzhou Nrb

Market Cap: CN¥7.6b

Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥3.2b

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

Hollyland (China) Electronics Technology

Market Cap: CN¥3.5b

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

Shenzhen Leaguer

Market Cap: CN¥13.2b

Engages in the design, manufacturing, and service provision of plastic packaging solutions for cosmetics, daily necessities, health products, and food in China and internationally.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥8.8b

Ningbo Henghe Precision Industry Co.,Ltd.

Nippon Care Supply

Market Cap: JP¥38.8b

Engages in the rental and wholesale of welfare equipment businesses in Japan.

Ogaki Kyoritsu Bank

Market Cap: JP¥250.6b

A regional financial institution, provides various financial products and services in Japan and internationally.

CTCI Advanced Systems

Market Cap: NT$4.9b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware in Taiwan and internationally.

ASIX Electronics

Market Cap: NT$6.1b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

Luxchem Corporation Berhad

Market Cap: RM 406.2m

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

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.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك49.4m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك359.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

JB Foods

Market Cap: S$228.7m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

SML Mahindra

Market Cap: ₹55.3b

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

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Wison Engineering Services

Market Cap: HK$1.6b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Lippo Cikarang

Market Cap: Rp4.1t

Develops real estate and industrial estate projects in Indonesia.

Santa Phoenix Technology

Market Cap: NT$4.1b

Designs and manufactures semiconductors in Taiwan.

Cystech Electronics

Market Cap: NT$3.4b

Designs, develops, manufactures, and supplies power devices for the computing, consumer electronics, communication, and industrial markets worldwide.

Pamica Technology

Market Cap: CN¥13.9b

Engages in the research and development, production, and sale of mica insulation materials, glass fiber cloth, and new energy insulation materials.

Grade Upon Technology

Market Cap: NT$20.5b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.