Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Changjiu Holdings

Market Cap: HK$792.8m

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Renaissance Global

Market Cap: ₹11.0b

Manufactures, retails, and trades in jewelry, gems, and diamonds in India and internationally.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Baazeem Trading

Market Cap: ر.س574.1m

Operates as a FMCG distribution company.

Shanghai Gench Education Group

Market Cap: HK$804.8m

An investment holding company, provides higher education services in the People’s Republic of China.

Insolation Energy

Market Cap: ₹34.1b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Taiyo KagakuLtd

Market Cap: JP¥44.7b

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

Sakar Healthcare

Market Cap: ₹14.1b

Research, develops, manufactures, and sells pharmaceutical products in India.

Oshidori International Holdings

Market Cap: HK$13.9b

An investment holding company, provides financial services in Hong Kong.

ManpowerGroup Greater China

Market Cap: HK$1.1b

An investment holding company, provides workforce solutions and services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Deep Source Holdings

Market Cap: HK$12.4b

An investment holding company, engages in the processing, distribution, and trading of bulk commodities and related products in the People’s Republic of China, Hong Kong, and Singapore.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.6b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Henglin Home FurnishingsLtd

Market Cap: CN¥4.3b

Engages in research and development, manufacturing, and sales of home furnishing products in China and internationally.

Qiming Information TechnologyLtd

Market Cap: CN¥7.4b

Provides enterprise digital operation, smart car and intelligent connectivity, and cloud solutions primarily in China.

Shandong Sinoglory Health Food

Market Cap: CN¥2.4b

Manufactures soy proteins in China.

Guangdong Sanhe Pile

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

Qingdao Daneng Environmental Protection Equipment

Market Cap: CN¥3.3b

Qingdao Daneng Environmental Protection Equipment Co., Ltd.

C&D Property Management Group

Market Cap: HK$4.1b

An investment holding company, provides property management services for residential and non-residential properties in the People’s Republic of China.

Shahjalal Islami Bank

Market Cap: ৳19.1b

Provides commercial banking products and services in Bangladesh.

Palasino Holdings

Market Cap: HK$1.5b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Yunnan Jinxun Resources

Market Cap: HK$3.8b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Timex Group India

Market Cap: ₹34.8b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Yulie Sekuritas Indonesia

Market Cap: Rp5.4t

Operates as a securities company in Indonesia.

Macpower CNC Machines

Market Cap: ₹11.2b

Manufactures and sells computer numerical control (CNC) metal cutting machines in India.

YuanShengTai Dairy Farm

Market Cap: HK$1.6b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Cantabil Retail India

Market Cap: ₹20.5b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

AB Akola Group

Market Cap: €286.6m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

GOCL

Market Cap: ₹16.2b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Hindustan Construction

Market Cap: ₹54.0b

Provides engineering and construction services in India and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Aoxin Q & M Dental Group

Market Cap: S$198.5m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

Royal Ceramics Lanka

Market Cap: LK₨52.6b

Manufactures and sells wall and floor tiles in Sri Lanka.

Invalda INVL

Market Cap: €342.5m

A private equity firm specializing in investments in small and middle-market privately held companies, industry consolidation, mature, growth capital, early venture, mid venture, later stage, acquisitions, and buyouts in undervalued assets.