Global Undiscovered Gems With Strong Fundamentals

Teemsun TechnologyLtd

Market Cap: CN¥8.3b

A weapons and equipment company, engages in the research and development, production, sale, and service of infrared thermal imaging and other optoelectronics equipment.

India Tourism Development

Market Cap: ₹45.3b

Operates in the travel, tourism, and hospitality industry in India.

Holy Stone EnterpriseLtd

Market Cap: NT$14.1b

Manufactures and sells of multi-layer ceramic capacitors (MLCC) under the IHHEC brand name in Taiwan, China, the United States, and internationally.

IST

Market Cap: ₹9.3b

Engages in the manufacture and sale of auto components in India.

Hyundai Everdigm

Market Cap: ₩153.4b

Produces and sells construction and mining equipment, and rescue products in South Korea and internationally.

Kuen Ling Machinery Refrigerating

Market Cap: NT$3.7b

Kuen Ling Machinery Refrigerating Co., Ltd.

Horng Terng Automation

Market Cap: NT$6.8b

Engages in the development of LED and solar application equipment.

Wuxi New Hongtai Electrical TechnologyLtd

Market Cap: CN¥4.1b

Engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China.

Allmind Holdings

Market Cap: NT$4.4b

Develops and rents house and building in Taiwan.

Ever Glory United Holdings

Market Cap: S$145.6m

An investment holding company, provides mechanical and electrical engineering services for both the public and private sectors in Singapore.

Sungei Bagan Rubber Company (Malaya) Berhad

Market Cap: RM 543.7m

Produces and sells fresh oil palm fruit bunches in Malaysia.

Nasu Denki-Tekko

Market Cap: JP¥15.5b

Manufactures and sells steel towers, steel structures, transportation system materials, overhead wire hardware products, and underground wire materials in Japan.

Advait Energy Transitions

Market Cap: ₹12.5b

Provides products and solutions for power transmission, substation, and telecommunication infrastructure sectors in India and internationally.

Whirlpool China

Market Cap: CN¥7.8b

Engages in the research, development, procurement, production, and sale of kitchen appliances in China and internationally.

MKH Oil Palm (East Kalimantan) Berhad

Market Cap: RM 640.3m

An investment holding company, engages in cultivation of oil palm.

China Vered Financial Holding

Market Cap: HK$2.5b

An investment holding company, provides asset management, consultancy, financing, and securities advisory and brokerage services in Hong Kong, Mainland China, Japan, and Canada.

Elridge Energy Holdings Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the manufacture and trading of biomass fuel products in Malaysia, Singapore, Indonesia, Japan, and Thailand.

Browns Investments

Market Cap: LK₨110.6b

Engages in the plantation management, agriculture, leisure, and construction sectors in Sri Lanka.

J-Oil Mills

Market Cap: JP¥66.8b

Produces and sells edible oils in Japan.

Zhejiang Guanghua TechnologyLtd

Market Cap: CN¥2.8b

Engages in the research and development of polyester resins for powder coating in China.

Elegant Home-Tech

Market Cap: CN¥2.6b

Engages in the research and development, production, and sales of polyvinyl chloride (PVC) elastic floorings in China and internationally.

Kilburn Engineering

Market Cap: ₹18.3b

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

Naim Holdings Berhad

Market Cap: RM 470.7m

An investment holding company, engages in the property development and construction businesses in Malaysia and Fiji.

Zhejiang Truelove Vogue

Market Cap: CN¥4.4b

Research and development, designs, manufactures, and sells blankets in China.

Guangdong Shunna Electric

Market Cap: CN¥4.1b

Engages in the provision of power transmission and distribution equipment in China.

Dimerco Data System

Market Cap: NT$9.6b

Engages in the design, development, and sale of various software products in Taiwan.

Sathlokhar Synergys E&C Global

Market Cap: ₹11.7b

Operates as an integrated engineering, procurement, construction, and infra turnkey contracting company in India.

PNGS Gargi Fashion Jewellery

Market Cap: ₹10.9b

Engages in the trading of fashion and costume jewelry, articles of silver, and other articles in India.

CMSC

Market Cap: NT$4.0b

Designs and manufactures integrated circuits in Taiwan, Japan, South Korea, and internationally.

Yamanashi Chuo BankLtd

Market Cap: JP¥63.2b

Provides various banking services to individual and corporate customers in Japan.

Ganesha Ecosphere

Market Cap: ₹37.6b

Primarily manufactures and sells recycled polyester staple fiber in India and internationally.

AXYZ

Market Cap: JP¥16.6b

Engages in manufacture and sale of processed foods in Japan and internationally.

Longwell

Market Cap: NT$14.1b

Manufactures and sells power cords, cable assemblies, and charger plugs in Taiwan, China, the United States, Japan, and internationally.

Shanghai Serum Bio-Technology

Market Cap: CN¥1.9b

Engages in the research, development, production, operation, and sale of antitoxin and antiserum products in China.

Osaka Steel

Market Cap: JP¥94.0b

Engages in production and sale of steel products for the construction, civil engineering, shipbuilding, steel towers, and industrial machinery manufacturing applications in Japan.

Xinjiang Bai Hua Cun Pharma TechLtd

Market Cap: CN¥2.7b

Engages in the pharmaceutical research and development, clinical trials, biomedicine, commercial properties, and other businesses.