Global Undiscovered Gems With Strong Fundamentals

APM Automotive Holdings Berhad

Market Cap: RM 684.2m

An investment holding company, designs, assembles, manufactures, and distributes automotive and locomotive parts and components in Malaysia, Indonesia, Vietnam, Europe, the United States, Australia, and internationally.

Guodian Nanjing Automation

Market Cap: CN¥8.0b

Engages in the manufacture and sale of industrial power automation equipment in China and internationally.

Brinno

Market Cap: NT$3.1b

Engages in the design, development, production, and sale of imaging devices.

Namura Shipbuilding

Market Cap: JP¥138.9b

Engages in the manufacture and sale of ships, machinery, and steel structures worldwide.

Guangdong Shunna Electric

Market Cap: CN¥4.1b

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

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.

Yiwu Huading NylonLtd

Market Cap: CN¥4.6b

Engages in the research, development, manufacture, and sale of nylon filaments primarily in China.

AXYZ

Market Cap: JP¥16.6b

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

Polyplex (Thailand)

Market Cap: ฿10.0b

Manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, blown films, holographic films, and PET resins in Thailand and internationally.

J-Oil Mills

Market Cap: JP¥66.8b

Produces and sells edible oils in Japan.

Browns Investments

Market Cap: LK₨110.6b

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

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.

India Tourism Development

Market Cap: ₹45.3b

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

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.

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.

Johnson Fine Chemical

Market Cap: NT$4.1b

Manufactures and supplies amine-based and isocyanate-based hardenders/curing agents for use in casting, adhesive, sealant, and elastomer fields.

Asia Tech Image

Market Cap: NT$6.8b

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

Kodensha

Market Cap: JP¥19.3b

Engages in the construction business in Japan.

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.

Antong Holdings

Market Cap: CN¥12.1b

Engages in the container shipping and transport logistics business in China.

CMSC

Market Cap: NT$4.0b

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

Wendell Industrial

Market Cap: NT$3.1b

Provides electronic materials in Taiwan, the Mainland China, Korea, 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.

Yamanashi Chuo BankLtd

Market Cap: JP¥63.2b

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

Lee Ku Industrial

Market Cap: ₩141.0b

Operates in the non-ferrous material industry in South Korea.

Tomoe

Market Cap: JP¥52.6b

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

WIN-Partners

Market Cap: JP¥37.5b

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

San-in Godo BankLtd

Market Cap: JP¥186.4b

Engages in the provision of various banking products and services for individuals and corporate customers in Japan.

Gansu Huangtai Wine-Marketing IndustryLtd

Market Cap: CN¥2.4b

Gansu Huangtai Wine-Marketing Industry Co.,Ltd.

Sac's Bar Holdings

Market Cap: JP¥24.4b

Engages in the retail sale of bags, fashion goods, and related accessories in Japan.

Bukit Darah

Market Cap: LK₨73.4b

Engages in the oil palm plantation, oils and fats, beverage, portfolio and asset management, real estate, leisure, and management businesses in Sri Lanka, Malaysia, Indonesia, India, Mauritius, and Singapore.

Motic (Xiamen) Electric GroupLtd

Market Cap: CN¥8.0b

Researches, develops, produces, and sells insulation products and other related components for the power transmission and transformation industry in China.

Nordic Group

Market Cap: S$137.5m

An investment holding company, 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 worldwide.

Shenzhen Q&D Circuits

Market Cap: CN¥6.0b

Manufactures and distributes electronic components.

Shanghai Kinlita Chemical

Market Cap: CN¥2.0b

Engages in the research, production, sale, and service of industrial coatings in China.

Meghna Petroleum

Market Cap: ৳21.6b

Engages in the procurement, storage, and marketing of petroleum products and lubricants, bitumen, liquefied petroleum gas (LPG), and battery water in Bangladesh.