Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Hermes Transportes Blindados

Market Cap: S/690.1m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

PBA Holdings Bhd

Market Cap: RM 652.1m

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

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Hyakugo Bank

Market Cap: JP¥209.9b

Provides various financial services to individual and corporate/sole proprietor customers in Japan.

CMC

Market Cap: JP¥22.6b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Innovana Thinklabs

Market Cap: ₹10.9b

Engages in the software and application development business in India, the United States, and internationally.

Cherat Cement

Market Cap: PK₨67.7b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Master Trust

Market Cap: ₹17.2b

Provides financial services in India.

Taiyo KagakuLtd

Market Cap: JP¥36.6b

Manufactures and sells ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Concord Enviro Systems

Market Cap: ₹11.3b

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

Qingmu Tec

Market Cap: CN¥6.0b

Provides brand retail solutions.

KinjiroLtd

Market Cap: JP¥23.7b

Provides human resource management (HRM) solution services.

BIOBIJOULtd

Market Cap: ₩224.2b

Engages in the research, development, manufacturing, and sale of skin booster and filler products in South Korea.

CTCI Advanced Systems

Market Cap: NT$4.5b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Wuxi Chemical Equipment

Market Cap: CN¥4.1b

Designs, develops, manufactures, and markets metal pressure vessels in China.

Tsubakimoto Kogyo

Market Cap: JP¥54.7b

Engages in the sale of machinery, equipment, parts, and accessories in Japan.

Ryoyu Systems

Market Cap: JP¥45.7b

Provides information technology (IT) solutions for various industries in Japan.

Asian Terminals

Market Cap: ₱54.4b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Hefei Gocom Information TechnologyLtd

Market Cap: CN¥1.6b

Hefei Gocom Information Technology Co.,Ltd.

Uju Holding

Market Cap: HK$3.7b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

Sinotherapeutics

Market Cap: CN¥5.1b

A specialty pharmaceutical company, develops generic and formulation products in China.

Tibet TourismLtd

Market Cap: CN¥5.7b

Engages in the tourism, attractions, services, and commerce business in China.

Banyan Tree Holdings

Market Cap: S$511.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Hangzhou Fortune Gas Cryogenic Group

Market Cap: CN¥7.9b

Hangzhou Fortune Gas Cryogenic Group Co., Ltd.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹85.4b

Manufactures and sells fertilizers and chemicals in India.

WuHu Foresight TechnologyLtd

Market Cap: CN¥7.7b

Engages in the research and development, manufacture, and sale of automotive interior parts in China.

Camelot Electronics TechnologyLtd

Market Cap: CN¥4.1b

Engages in the research, production, and sale of printed circuit boards in China and internationally.

Kinpo Electronics

Market Cap: NT$27.7b

Designs, manufactures, and sells consumer electronics, web-based communications, computer peripherals, and storage products in Taiwan, rest of Asia, the Americas, and internationally.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.1b

Manufactures and sells cleaning products in China.