Global Undiscovered Gems With Strong Fundamentals

Chialin Precision Industrial

Market Cap: NT$4.3b

Engages in the automotive connectors and light-emitting diodes supply chain businesses in Taiwan, China, Thailand, Vietnam, Singapore, Italy, and internationally.

OAT Agrio

Market Cap: JP¥24.4b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan.

Wah Lee Industrial

Market Cap: NT$25.3b

Engages in the manufacturing of materials, engineering and functional plastics, semiconductor process materials, and printed circuit boards in Taiwan.

Kody Technolab

Market Cap: ₹9.0b

Provides robotics and AI solutions in India, the United States, the Middle East, and the Gulf Cooperation Council region.

Univacco Technology

Market Cap: NT$4.8b

Operates in the stamping foil industry under the UNIVACCO brand in Taiwan and internationally.

F&MLtd

Market Cap: JP¥39.3b

Provides management support and accounting services for medium and small businesses, and individual business owners.

Yuan Jen EnterprisesLtd

Market Cap: NT$5.3b

Operates as a petrochemical trading company.

Suzhou Hailu Heavy IndustryLtd

Market Cap: CN¥6.9b

Designs, manufactures, and sells industrial waste heat boilers, large and special material pressure vessels, and nuclear safety equipment.

Elin Electronics

Market Cap: ₹10.7b

Designs, manufactures, and sells electronics motors, tools, moulds, dies, kitchen appliances, personal care and lighting products, and automotive components in India and internationally.

Shanti Educational Initiatives

Market Cap: ₹17.7b

Provides educational services in India.

Toa Road

Market Cap: JP¥77.2b

Engages in civil engineering business in Japan.

Asia Tech Image

Market Cap: NT$6.1b

Designs, develops, and manufactures customized contact image sensor module (CIS) products in Taiwan, China, and Myanmar.

Tangel Culture

Market Cap: CN¥4.0b

Engages in the research and development, distribution, agency, and operation of mobile games, book publishing and distribution, and educational businesses in China.

CAICA DIGITAL

Market Cap: JP¥17.1b

Provides information technology services in Japan.

Vadilal Industries

Market Cap: ₹37.6b

Manufactures and sells ice-cream in India and internationally.

WIN-Partners

Market Cap: JP¥36.8b

Through its subsidiaries, distributes medical devices to medical institutions primarily in Japan.

Spheria Emerging Companies

Market Cap: AU$159.2m

Operates as an investment company in Australia.

Alpha Divisions

Market Cap: ฿3.5b

Engages in the consultation and property development business in Thailand and internationally.

Shenzhen Q&D Circuits

Market Cap: CN¥6.8b

Manufactures and distributes electronic components.

Mos Food Services

Market Cap: JP¥123.7b

Operates MOS BURGER hamburger franchise and other restaurant businesses in Japan and internationally.

Tomoe

Market Cap: JP¥55.8b

Operates in the general construction, steel structures construction, and real estate businesses in Japan.

AnyMind Group

Market Cap: JP¥45.7b

Engages in the development and the provision of a platform that provides one-stop support for brand building, production management, media operations, e-commerce site development and management, marketing, and logistics management.

Changshu Tianyin ElectromechanicalLtd

Market Cap: CN¥7.5b

Engages in the research and development, production, and sale of refrigerator compressor supporting parts in China.

Daewon Sanup

Market Cap: ₩243.5b

Manufactures and sells automobile seats in South Korea, China, Russia, and internationally.

Kilburn Engineering

Market Cap: ₹28.0b

Designs, manufactures, supplies, installs, and commissions customized process equipment for various applications in India and internationally.

Accelya Solutions India

Market Cap: ₹20.9b

Engages in the provision of software solutions to the airline, cargo, and travel industries in the Asia Pacific, the Middle East, Africa, the Americas, and Europe.

Manoj Vaibhav Gems 'N' Jewellers

Market Cap: ₹9.6b

Engages in the jewelry retail business under the Vaibhav Jewellers brand in India.

HG Technologies

Market Cap: CN¥5.3b

Engages in the research and development, production, and sale of electrostatic imaging special information products in China.

Suncall

Market Cap: JP¥26.0b

Manufactures and distributes automotive parts and materials, hard disk-related parts, and printer and communication-related products in Japan, North America, and Asia.

Nantong Haixing Electronics

Market Cap: CN¥4.7b

Engages in the research, development, production, and sale of electrode foils for aluminum electrolytic capacitors in the People’s Republic of China.

Jiangsu Liba Enterprise

Market Cap: CN¥3.4b

Jiangsu Liba Enterprise Joint-Stock Co., Ltd.

Guangdong Yangshan United Precision Manufacturing

Market Cap: CN¥3.8b

Guangdong Yangshan United Precision Manufacturing Co., Ltd.

Rajesh Power Services

Market Cap: ₹25.6b

Provides engineering, procurement, and construction contracting and services to power transmission and distribution utilities companies in India.

R & B Denims

Market Cap: ₹9.0b

Together with its subsidiary, manufactures and sells denim textile products in India.

Nordic Group

Market Cap: S$161.3m

Provides solutions in the areas of system integration, maintenance, repair, overhaul, trading, precision engineering, scaffolding, insulation, petrochemical and environmental engineering, cleanroom, air and water engineering, and engineering and construction services.

AMIYA

Market Cap: JP¥28.9b

Develops, manufactures, and sells cybersecurity products and services.