Global Undiscovered Gems With Strong Fundamentals

Taiwan Steel Union

Market Cap: NT$11.9b

Manufactures and trades in zinc oxide and non-metallic mineral products in Taiwan.

ShenZhen GAD Environmental Technology

Market Cap: CN¥1.7b

ShenZhen GAD Environmental Technology Co., Ltd.

Global Infotech

Market Cap: CN¥6.5b

Provides financial information software products and integrated services in China.

Ace Pillar

Market Cap: NT$11.4b

Engages in the testing, processing, selling, repairment, electromechanical integration of automation control and mechanical transmission system; and intelligent technology service.

Apex Biotechnology

Market Cap: NT$3.1b

Researches, develops, manufactures, and sells home care medical devices by using biosensor technology worldwide.

Justin Allen Holdings

Market Cap: HK$912.5m

An investment holding company, manufactures and sells sleepwear and loungewear products in the People’s Republic of China, the United States of America, the United Kingdom, Ireland, Canada, and Spain.

Société de Therapeutique Marocaine

Market Cap: د.م10.2b

A pharmaceutical company, engages in the manufacturing and sale of medicines in Morocco.

Qingdao Foods

Market Cap: CN¥2.6b

Engages in the production and sale of biscuits and other baked food in China.

C.T.I. Traffic Industries

Market Cap: NT$6.0b

Manufactures and sells of engine parts in Taiwan and internationally.

Mitsubishi Steel Mfg

Market Cap: JP¥24.7b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

GaeaSoft

Market Cap: ₩149.0b

Operates as an IT service and digital marketing company in South Korea.

Bank of Saga

Market Cap: JP¥35.6b

Provides various banking products and services in Japan.

Australian Premium Solar (India)

Market Cap: ₹8.8b

Manufactures and sells monocrystalline and polycrystalline solar panels in India.

First Hotel

Market Cap: NT$7.0b

Operates a tourist hotel under the First Hotel name in Taiwan.

Arihant Foundations & Housing

Market Cap: ₹8.9b

Engages in real estate development and related activities in India.

Khazanchi Jewellers

Market Cap: ₹13.9b

Manufactures, designs, and sells crafted jewelry products in India.

Edan Instruments

Market Cap: CN¥6.9b

Engages in the research, development, manufacture, and service of medical electronic equipment and in vitro diagnostic products in China and internationally.

Cheryong ElectricLtd

Market Cap: ₩534.1b

Manufactures and sells power electric equipment in South Korea.

Ceinsys Tech

Market Cap: ₹27.7b

Provides enterprise geospatial and engineering services in India and internationally.

Ratio Energies - Limited Partnership

Market Cap: ₪4.7b

Explores, develops, and produces oil and natural gas in Israel and internationally.

Promate ElectronicLtd

Market Cap: NT$15.9b

Engages in the distribution and sale of electronic/electrical components, and computer software and electrical products in Taiwan.

Ta Liang Technology

Market Cap: NT$7.5b

Engages in the manufacturing of semiconductor inspection, PCB routing and drilling machines, resin panel cutters, CNC engraving and milling machines, and glass panel processing machines in Taiwan.

New Cosmos ElectricLtd

Market Cap: JP¥28.7b

Researches, develops, manufactures, and sells various products based on gas sensor technology in Japan.

Century Land

Market Cap: ₫3.4t

Engages in the property management, sale and lease of residential and commercial properties, and the provision of lease services and project development consultancy in Vietnam.

Beta Drugs

Market Cap: ₹18.4b

Develops, manufactures, and sells anti-cancer drugs in India.

Vietnam Fumigation

Market Cap: ₫3.1t

Produces, processes, and trades in disinfectant and agro-pharmaceutical products in Vietnam.

City Lodge Hotels

Market Cap: R2.3b

Engages in the operation of hotels for business and leisure travelers in South Africa, Botswana, Mozambique, and Namibia.

Thac Mo Hydro Power

Market Cap: ₫4.7t

Generates and supplies hydro power in Vietnam.

Saraswati Commercial (India)

Market Cap: ₹16.8b

Operates as a non-banking financial company in India.

Hwang Chang General Contractor

Market Cap: NT$35.9b

Engages in the contracting business of civil engineering projects in Taiwan.

Dongnan ElectronicsLtd

Market Cap: CN¥2.4b

Engages in the research and development, design, production, and sale of various switch products in China and internationally.

Kabra Extrusiontechnik

Market Cap: ₹9.5b

Provides plastic extrusion machinery for manufacturing pipes and films in India.

KENKO MayonnaiseLtd

Market Cap: JP¥27.5b

Engages in the manufacture and sale of salads and delicatessen, mayonnaise, dressings, sauces, and egg products in Japan.

Binh Dinh Pharmaceutical and Medical Equipment

Market Cap: ₫4.7t

Manufactures and trades in pharmaceuticals and medical equipment in Vietnam.

CELSYS

Market Cap: JP¥45.2b

Engages in content creation solutions business in Japan.

D. P. Abhushan

Market Cap: ₹32.8b

Engages in the manufacturing, sale, and trading of gold, diamond, platinum, silver, and other precious metals and ornaments in India.