Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Dwi Guna Laksana

Market Cap: Rp5.6t

Engages in the coal mining and trading activities in Indonesia.

Namibia Breweries

Market Cap: R6.0b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

TSTE

Market Cap: ฿4.2b

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

Tri-County Financial Group

Market Cap: US$116.4m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Abans Financial Services

Market Cap: ₹10.4b

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

TCPL Packaging

Market Cap: ₹30.1b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Guangdong Green Precision Components

Market Cap: CN¥6.5b

Guangdong Green Precision Components Co., Ltd.

VICOM

Market Cap: S$570.9m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

HG Metal Manufacturing

Market Cap: S$149.7m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Shandong Longquan Pipe IndustryLtd

Market Cap: CN¥2.7b

Engages in the production, sale, installation, and service of prestressed concrete cylinder pipes and metal pipe fittings in China.

Hangzhou Zhengqiang

Market Cap: CN¥4.0b

Engages in the production and sale of automobile products in China and internationally.

Sinotherapeutics

Market Cap: CN¥4.9b

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

Cantabil Retail India

Market Cap: ₹20.9b

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

Shenzhen Keanda Electronic Technology

Market Cap: CN¥3.0b

Shenzhen Keanda Electronic Technology Corp., Ltd.

Network People Services Technologies

Market Cap: ₹37.5b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Sky Gold and Diamonds

Market Cap: ₹40.7b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Alembic

Market Cap: ₹25.7b

Engages in real estate business in India and internationally.

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥3.7b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Shanghai Material Trading

Market Cap: CN¥4.7b

Engages in the wholesale and retail of production materials for automobile and chemicals in China and internationally.

Timex Group India

Market Cap: ₹35.9b

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

Tibet Development

Market Cap: CN¥2.9b

Engages in the production and sale of beer in China.

Jagsonpal Pharmaceuticals

Market Cap: ₹14.6b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

BLS E-Services

Market Cap: ₹16.6b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Palasino Holdings

Market Cap: HK$1.8b

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

Krishana Phoschem

Market Cap: ₹27.9b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Uniplus Electronics

Market Cap: NT$5.6b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Li Ming Development Construction

Market Cap: NT$4.4b

Li Ming Development Construction Co., Ltd.

Viviana Power Tech

Market Cap: ₹10.1b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥4.3b

Engages in the production and operation of methanol products in China.

Hui Lyu Ecological Technology GroupsLtd

Market Cap: CN¥13.8b

Hui Lyu Ecological Technology Groups Co.,Ltd.

Shenzhen Leaguer

Market Cap: CN¥11.6b

Engages in the design, manufacturing, and service provision of plastic packaging solutions for cosmetics, daily necessities, health products, and food in China and internationally.

Henan Yuguang Gold&LeadLtd

Market Cap: CN¥14.1b

Engages in the smelting and sale of electrolytic lead, cathode copper, gold, silver, and other non-ferrous metals and precious metal products in China and internationally.

Nantong Guosheng Intelligence Technology Group

Market Cap: CN¥4.1b

Nantong Guosheng Intelligence Technology Group Co., Ltd.

Hospital Corporation of China

Market Cap: HK$939.1m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.