Global Undiscovered Gems With Strong Fundamentals

Minson Integration

Market Cap: NT$3.9b

Manufactures ice and sports equipment.

Gordon Auto Body Parts

Market Cap: NT$5.3b

Manufactures and sells automotive metal replacement crash parts worldwide.

Shenzhen V&T Technologies

Market Cap: CN¥4.3b

Engages in the research and development, manufacture, and sale of medium and low voltage inverters, electric vehicle motor controllers, servo drives, inverters, and other power electronic products in China and internationally.

Sunyard TechnologyLtd

Market Cap: CN¥7.1b

Provides payment solutions worldwide.

Tofu Restaurant

Market Cap: NT$5.8b

Tofu Restaurant Co., Ltd engages in the chain restaurant business in Taiwan.

Honda Atlas Cars (Pakistan)

Market Cap: PK₨34.1b

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan and Thailand.

Highnoon Laboratories

Market Cap: PK₨43.6b

Manufactures, imports, sells, exports, and markets pharmaceutical and allied consumer products.

Precision Wires India

Market Cap: ₹23.6b

Manufactures and sells insulated enamelled wires and other insulated electric conductors in India and internationally.

Tanfac Industries

Market Cap: ₹30.0b

Produces and sells fluorine chemicals in India.

NEOJAPAN

Market Cap: JP¥21.4b

Engages in development and sale of packaged software in Japan and internationally.

Nongshim HoldingsLtd

Market Cap: ₩317.7b

Manufactures, imports, exports, and sells food products and consumer goods in South Korea, China, the United Stated, Canada, Japan, Australia, and Vietnam.

Kyokuto Boeki Kaisha

Market Cap: JP¥19.2b

Primarily operates as an engineering trading company in Japan and internationally.

Hunan Tyen MachineryLtd

Market Cap: CN¥5.7b

Engages in the development, design, production, and sales of engine parts in China.

Guangxi Hechi Chemical

Market Cap: CN¥2.4b

Researches, develops, produces, and sells chemical raw materials and their preparations in China.

Guangdong Jiaying Pharmaceutical

Market Cap: CN¥3.5b

Guangdong Jiaying Pharmaceutical Co., Ltd.

National Development Bank

Market Cap: LK₨44.3b

Provides banking products and services in Sri Lanka.

Beijing Jingneng Thermal

Market Cap: CN¥2.8b

Engages in the heating business in China.

Wuxi Hongsheng Heat Exchanger Manufacturing

Market Cap: CN¥2.4b

Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.

Unilever Pakistan Foods

Market Cap: PK₨140.0b

Manufactures and sells consumer and commercial food products in Pakistan.

Dynamic Cables

Market Cap: ₹13.3b

Manufactures and supplies cables and conductors to energy and power sectors in India and internationally.

Dalian Insulator Group

Market Cap: CN¥3.7b

Engages in the research, development, manufacture, and sale of porcelain insulators in China and internationally.

Tribune Resources

Market Cap: AU$268.6m

Engages in the development, exploration, and production of mineral properties in Australia.

APAC Opto Electronics

Market Cap: NT$6.0b

Manufactures and sells fiber optical transmission components for local area networks, wide area networks, storage networks, metropolitan area networks, and access networks in Taiwan and internationally.

Carlton Investments

Market Cap: AU$866.1m

Carlton Investments Limited is a publicly owned asset management holding company.

Guangzhou Jiacheng International LogisticsLtd

Market Cap: CN¥4.5b

Guangzhou Jiacheng International Logistics Co.,Ltd.

HIM International Music

Market Cap: NT$5.5b

Engages in the recording and distribution of music.

CEL

Market Cap: JP¥16.2b

Provides consulting services on land utilization.

Hoechst Pakistan

Market Cap: PK₨31.3b

Engages in the manufacture, trading, and sale of pharmaceutical and related products in Pakistan, Afghanistan, and internationally.

Four Seas Mercantile Holdings

Market Cap: HK$988.3m

An investment holding company, engages in the manufacture and trade in snack foods, confectionery, beverages, frozen food products, noodles, and ham and ham-related products in Hong Kong and Mainland China.

Yushin

Market Cap: JP¥21.4b

Engages in the development, production, sale, and maintenance of Cartesian robots and other industrial equipment and systems for factory automation in Japan and internationally.

Gansu Dunhuang Seed GroupLtd

Market Cap: CN¥3.3b

Engages in the seed, cotton, and food processing businesses in China and internationally.

Indian Metals and Ferro Alloys

Market Cap: ₹31.4b

Engages in the production and sale of ferro chrome in India and internationally.

One Point One Solutions

Market Cap: ₹11.0b

Engages in the customer life cycle management, business process management, and technology servicing activities in India.

Fulin Plastic Industry (Cayman) Holding

Market Cap: NT$3.4b

Fulin Plastic Industry (Cayman) Holding Co., Ltd.

Saha Pathanapibul

Market Cap: ฿19.2b

Engages in the consumer goods distribution business in Thailand and internationally.

Shang Properties

Market Cap: ₱19.0b

Engages in the property investment and development business primarily in the Philippines.