Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.7b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Om Infra

Market Cap: ₹11.0b

Engages in the design, engineering, manufacture, supply, installation, testing, and commissioning of hydro mechanical equipment for hydroelectric power and irrigation projects in India and internationally.

Neosem

Market Cap: ₩357.0b

Manufactures and sells semiconductor inspection equipment.

Morris State Bancshares

Market Cap: US$255.6m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Zambia Sugar

Market Cap: K13.3b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Sound Financial Bancorp

Market Cap: US$117.4m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Shenzhen TVT Digital Technology

Market Cap: CN¥4.1b

Shenzhen TVT Digital Technology Co., Ltd.

Torigoe

Market Cap: JP¥21.6b

Manufactures and sells flours and related products in Japan.

Ascentech K.K

Market Cap: JP¥26.1b

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

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥8.3b

Jiangxi Jiangnan New Material Technology Co., Ltd.

Anhui Guqi Down & Feather Textile

Market Cap: CN¥4.9b

Engages in the research and development, production, and sale of goose and duck down products for use in clothing and bedding applications.

Uju Holding

Market Cap: HK$3.6b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

Abans Financial Services

Market Cap: ₹11.2b

Operates as a non-banking finance company in India and internationally.

Oriental Precision & EngineeringLtd

Market Cap: ₩370.8b

Oriental Precision & Engineering Co.,Ltd.

Shanghai Pioneer Holding

Market Cap: HK$2.5b

An investment holding company, engages in marketing, promotion, and channel management of pharmaceutical products and medical devices primarily in the People’s Republic of China.

Indo Tech Transformers

Market Cap: ₹16.7b

Manufactures and sells transformers in India and internationally.

Wuxi Chemical Equipment

Market Cap: CN¥4.2b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥5.9b

Ningbo Henghe Precision Industry Co.,Ltd.

Goldiam International

Market Cap: ₹38.5b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Yashima Denki

Market Cap: JP¥44.3b

Provides plant business, industry/equipment, and transportation business in Japan and internationally.

ShenZhen Click TechnologyLTD

Market Cap: CN¥7.2b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

Maxigen Biotech

Market Cap: NT$4.0b

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

Cita Mineral Investindo

Market Cap: Rp15.5t

Engages in bauxite mining activities in Indonesia.

Taisun Enterprise

Market Cap: NT$9.3b

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

Transcorp Power

Market Cap: ₦2.2t

Engages in the generation and sale of electric power in Nigeria and internationally.

Shenzhen Keanda Electronic Technology

Market Cap: CN¥3.3b

Shenzhen Keanda Electronic Technology Corp., Ltd.

Otec

Market Cap: JP¥27.0b

Trades pipework equipment in Japan.

Nice

Market Cap: JP¥22.3b

Imports, distributes, and sells building materials for housing in Japan and internationally.

Uoriki

Market Cap: JP¥34.8b

Engages in the retail, food and beverage, and wholesale businesses in Japan.

Sublime China Information

Market Cap: CN¥3.8b

Provides information and consulting services in China.

Network People Services Technologies

Market Cap: ₹41.1b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Master Trust

Market Cap: ₹18.6b

Provides financial services in India.

Center International GroupLtd

Market Cap: CN¥5.7b

Provides building metal enclosure systems solutions in China.

Shenzhen Coship Electronics

Market Cap: CN¥7.4b

Engages in the manufacture and sale of smart home products and services worldwide.