Global Undiscovered Gems With Strong Fundamentals

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

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

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

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

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

Invests in, operates, and manages duty-free shops.

Jiangsu Longda Superalloy

Market Cap: CN¥4.1b

Engages in research, development, production, and sale of metal alloy products in China and internationally.

KP Green Engineering

Market Cap: ₹26.5b

Engages in engineering and manufacture of steel structure in India.

CTCI Advanced Systems

Market Cap: NT$3.4b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

AB Vilkyskiu pienine

Market Cap: €135.0m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Ascentech K.K

Market Cap: JP¥24.5b

Provides virtual desktop infrastructure (VDI) and IT infrastructure solutions in Japan.

Concord Enviro Systems

Market Cap: ₹11.6b

Engages in the design, manufacture, installation, operation, and maintenance of industrial water and wastewater treatment, and reuse and zero liquid discharge systems and plants.

Nippon Care Supply

Market Cap: JP¥31.1b

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

Padma Oil

Market Cap: ৳17.6b

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

Donpon Precision

Market Cap: NT$3.4b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

Korea Ratings

Market Cap: ₩449.7b

Provides credit rating and business valuation services in South Korea.

Mechema Chemicals International

Market Cap: NT$4.6b

Manufactures, imports, exports, and sells of cobalt and manganese and its compounds in Taiwan, China, Korea, Thailand, Malaysia, Indonesia, and internationally.

Brillian Network & Automation Integrated System

Market Cap: NT$8.1b

Brillian Network & Automation Integrated System Co.

Nestlé Pakistan

Market Cap: PK₨317.9b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Hangzhou Zhengqiang

Market Cap: CN¥4.0b

Engages in the production and sale of automobile products in China and internationally.

Hearts and Minds Investments

Market Cap: AU$682.4m

n/a

Powertip Image

Market Cap: NT$5.9b

Manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

KNJ

Market Cap: ₩139.2b

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

Shenzhen Easttop Supply Chain Management

Market Cap: CN¥5.4b

Shenzhen Easttop Supply Chain Management Co., Ltd.

Nippon Sharyo

Market Cap: JP¥29.7b

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.

Quality Reliability Technology

Market Cap: ₩158.1b

Provides semiconductor reliability evaluation and defect analysis services in South Korea and internationally.

Tohoku Steel

Market Cap: JP¥14.9b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Lemtech Holdings

Market Cap: NT$5.2b

Research, develops, produces, and sells precision metal dies and metal stampings in Asia, the Americas, and Europe.

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.5b

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

Eclatorq Technology

Market Cap: NT$3.2b

Manufactures and sells hand tools in Taiwan.

Shenzhen Farben Information TechnologyLtd

Market Cap: CN¥10.0b

Shenzhen Farben Information Technology Co.,Ltd.

HeXun Biosciences

Market Cap: NT$3.4b

Engages in the research and development of stem cell and treatments in Taiwan.

Zhubo Design

Market Cap: CN¥2.3b

Engages in architectural design and consulting services in China.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.6b

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

Yuan Cheng CableLtd

Market Cap: CN¥3.5b

Engages in the design, research and development, production, operation, and sales of wire and cable products in China.

Credo Brands Marketing

Market Cap: ₹10.9b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.