Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Capricorn Group

Market Cap: R11.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Southern Michigan Bancorp

Market Cap: US$115.6m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

PBA Holdings Bhd

Market Cap: RM 642.1m

An investment holding company, operates as a water supplier in Malaysia.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Ebara JitsugyoLtd

Market Cap: JP¥52.6b

Manufactures and sells environment related products in Japan.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Central Cooperative Bank AD

Market Cap: лв218.7m

A commercial bank, provides various financial products and services.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥5.7b

Jiangsu Rainbow Heavy Industries Co., Ltd.

Jiangsu Longda Superalloy

Market Cap: CN¥4.8b

Engages in research, development, production, and sale of metal alloy products in China and internationally.

Xiamen Jiarong TechnologyLtd

Market Cap: CN¥3.1b

Manufactures and sells environmental protection equipment.

Well Lead Medical

Market Cap: CN¥4.2b

Engages in the development, production, and sale of medical devices in urology, endourology, anaesthesia, respiratory, hemodialysis, and pain management areas worldwide.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥4.2b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

Aeroflex Industries

Market Cap: ₹23.2b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Hayleys

Market Cap: LK₨129.6b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Shandong Sinoglory Health Food

Market Cap: CN¥2.4b

Manufactures soy proteins in China.

MSC

Market Cap: ₩218.8b

Engages in the research and development, production, marketing, and sale of various food additives in South Korea.

Sun

Market Cap: MU₨7.4b

Operates in the tourism sector.

Techshine ElectronicsLtd

Market Cap: CN¥4.9b

Engages in the research and development, design, production, and sale of LCD liquid crystal displays, LCM black and white modules, and TFT color screen modules in China.

ITCENGLOBAL

Market Cap: ₩429.5b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥3.5b

Wuhan Huakang Century Clean Technology Co., Ltd.

ShenZhen QiangRui Precision Technology

Market Cap: CN¥9.1b

ShenZhen QiangRui Precision Technology Co., Ltd.

Central Finance

Market Cap: LK₨64.0b

Provides various financial solutions primarily in Sri Lanka.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Concord Enviro Systems

Market Cap: ₹10.7b

Engages in providing water and wastewater treatment, and reuse solutions.

Zhejiang JW Precision MachineryLtd

Market Cap: CN¥8.3b

Engages in the research and development, production, and sale of bearing rings in China and internationally.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥5.5b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Allmed Medical ProductsLtd

Market Cap: CN¥6.2b

Engages in the manufacture and sale of wound care and nursing material products in China.

Center International GroupLtd

Market Cap: CN¥8.3b

Provides building metal enclosure systems solutions in China.

Shipping Corporation of India

Market Cap: ₹100.1b

A marginal liner shipping company, engages in the business of transporting goods in India.

Shenzhen Keanda Electronic Technology

Market Cap: CN¥3.1b

Shenzhen Keanda Electronic Technology Corp., Ltd.

Anji Foodstuff

Market Cap: CN¥3.1b

Engages in the research and development, production, and sale of condiments in China and internationally.

Huasi Holding

Market Cap: CN¥1.9b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, and Hong Kong.

Zhongyeda Electric

Market Cap: CN¥5.2b

Engages in the distribution of industrial electrical products in China.