Global Undiscovered Gems With Strong Fundamentals

K&S

Market Cap: AU$469.4m

Engages in the transportation and logistics, warehousing and fuel distribution businesses in Australia and New Zealand.

Yabao Pharmaceutical Group

Market Cap: CN¥4.3b

Researches, develops, manufactures, and sells Chinese and Western medicines, and pharmaceutical packaging materials in China and internationally.

Nantong JiangTian Chemical

Market Cap: CN¥3.7b

Manufactures and sells chemical products in China and internationally.

SinoMedia Holding

Market Cap: HK$1.2b

An investment holding company, provides TV advertisement, creative content production, and digital marketing services for advertisers and advertising agents in Hong Kong, Singapore, and the People's Republic of China.

Shenglan Technology

Market Cap: CN¥4.7b

Researches and develops, manufactures, and sells electronic connectors, wire harness components, and precision components and parts worldwide.

Shenzhen SOFARSOLAR

Market Cap: CN¥11.7b

Provides solar PV and energy storage solutions for residential, commercial, industrial, and utility-scale applications in China and internationally.

TAJGVK Hotels & Resorts

Market Cap: ₹22.7b

Engages in the business of owning, operating, and managing hotels, palaces, and resorts under the TAJ brand in India.

Lih Tai Construction Enterprise

Market Cap: NT$4.9b

Produces and sells ready-mixed concrete products in Taiwan.

Nichidenbo

Market Cap: NT$15.7b

Engages in the distribution of electronic components worldwide.

Gettop Acoustic

Market Cap: CN¥4.7b

Engages in the research, development, production, and sale of micro-precision electro-acoustic components, and electroacoustic assemblies in China.

Topco Technologies

Market Cap: NT$4.7b

Engages in the distribution of silicone products in Taiwan and internationally.

Reach Machinery

Market Cap: CN¥6.8b

Engages in the research, development, production, and sale of components for automation equipment, power transmission, and braking systems in China and internationally.

Hefei Hengxin Life Science and Technology

Market Cap: CN¥5.8b

Hefei Hengxin Life Science and Technology Co., Ltd.

Glorious Sun Enterprises

Market Cap: HK$1.9b

An investment holding company, engages in interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally.

Sinohealth Holdings

Market Cap: HK$1.3b

Provides healthcare insight solutions for sales and marketing needs of medical product manufacturer clients in Mainland China, Netherland, England, Hong Kong, Singapore and internationally.

Univanich Palm Oil

Market Cap: ฿8.6b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Indonesia Fibreboard Industry

Market Cap: Rp2.3t

Engages in the wood processing industry in Indonesia, Japan, the Middle East, and internationally.

Shandong New Beiyang Information Technology

Market Cap: CN¥5.4b

Shandong New Beiyang Information Technology Co., Ltd.

Bank of Baroda (Uganda)

Market Cap: USh405.0b

Provides commercial banking services in Uganda.

Rich Honour International Designs

Market Cap: NT$4.0b

Rich Honour International Designs Co., Ltd.

Bank Raya Indonesia

Market Cap: Rp5.4t

Provides financial services in Indonesia.

Morepen Laboratories

Market Cap: ₹30.8b

Develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), formulations, and home health products in India, the United States, and internationally.

Desiccant Technology

Market Cap: NT$5.7b

Manufactures and sells industrial dehumidification, drying, and pollution control equipment in Taiwan and China.

Radhika Jeweltech

Market Cap: ₹9.8b

Engages in the manufacture and retail of jewelry in India.

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.