Global Undiscovered Gems With Strong Fundamentals

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

Shangri-La Hotel

Market Cap: ฿6.3b

Operates hotels in Bangkok and Chiang Mai provinces.

Industrias del Cobre Sociedad Anónima

Market Cap: S/762.2m

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

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Quemchi

Market Cap: CL$95.2b

Quemchi, S.A. engages in maritime transport, cargo and shipping services, and investments businesses.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

MAPFRE Middlesea

Market Cap: €133.4m

Provides non-life and life insurance to individuals, small and medium enterprises, professionals, and businesses in Malta.

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

First IC

Market Cap: US$172.7m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Practic

Market Cap: RON 567.2m

Engages in the lease and sublease of real estate properties in Romania.

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Hunan Hansen Pharmaceutical

Market Cap: CN¥3.0b

Produces and sells traditional Chinese preparations in China and internationally.

CMC

Market Cap: JP¥17.6b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Imuraya Group

Market Cap: JP¥31.1b

Manufactures and sells various food products in Japan and internationally.

Zhe Jiang Dayang Biotech Group

Market Cap: CN¥2.1b

Operates as a chemical raw material manufacturing company in China and internationally.

Genesys International

Market Cap: ₹28.2b

Provides geographical information services in India and internationally.

Jiangsu Lianfa TextileLtd

Market Cap: CN¥2.7b

Engages in the manufacture and sale of textile products in China.

Brillian Network & Automation Integrated System

Market Cap: NT$8.5b

Brillian Network & Automation Integrated System Co.

Dura Tek

Market Cap: NT$3.8b

Designs and develops simulation testing machines for various components.

Alembic

Market Cap: ₹28.4b

Engages in real estate business in India and internationally.

Nippon Sharyo

Market Cap: JP¥29.3b

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

S.A.S. Dragon Holdings

Market Cap: HK$2.7b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Dolat Algotech

Market Cap: ₹16.4b

Engages in trading of shares, securities, commodities, and other financial products in India.

Taisun Enterprise

Market Cap: NT$10.4b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

TechNVision Ventures

Market Cap: ₹30.5b

Provides information technology products and services in India and internationally.

SML Isuzu

Market Cap: ₹24.3b

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

Maxigen Biotech

Market Cap: NT$3.9b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Shanghai Material Trading

Market Cap: CN¥4.7b

Engages in the wholesale and retail of production materials for automobile and chemicals in China and internationally.

Shandong Sacred Sun Power SourcesLtd

Market Cap: CN¥5.6b

Provides green energy solutions worldwide.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥5.2b

ShenZhen QiangRui Precision Technology Co., Ltd.

Anhui Wanyi Science and TechnologyLtd

Market Cap: CN¥2.5b

AnHui Wanyi Science and Technology Co.,Ltd.

ITCENGLOBAL

Market Cap: ₩210.0b

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

Woojin

Market Cap: ₩172.4b

Engages in the developing and manufacturing of industrial measuring instruments in South Korea.

Gallant Precision Machining

Market Cap: NT$11.1b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.