Global Undiscovered Gems With Strong Fundamentals

Misr Beni Suef CementE

Market Cap: ج.م7.1b

Produces and sells cement products in Egypt and internationally.

Taiyo KagakuLtd

Market Cap: JP¥29.8b

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

Lan Fa Textile

Market Cap: NT$3.6b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Maezawa Kasei Industries

Market Cap: JP¥27.3b

Produces and sells water and sewerage related products, and environmental equipment.

Tokyo Tekko

Market Cap: JP¥47.0b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Yuken India

Market Cap: ₹13.9b

Engages in the manufacture and sale of oil hydraulic equipment primarily in India.

Orient Pharma

Market Cap: NT$8.5b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Luyin Investment GroupLtd

Market Cap: CN¥4.3b

Engages in the production and sale of powder metallurgy materials and products, and salt and salt chemical products in China and internationally.

SML Isuzu

Market Cap: ₹28.0b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Triocean Industrial Corporation

Market Cap: NT$4.8b

Engages in the construction business in Taiwan.

Sky Gold and Diamonds

Market Cap: ₹58.9b

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

Sixxon Tech

Market Cap: NT$4.5b

Engages in the design, manufacturing, processing, and sale of parts and components of automotive, industrial applications, electronics, and medical products in Asia, Europe, and North America.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Cahaya Aero Services

Market Cap: Rp4.4t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

VCREDIT Holdings

Market Cap: HK$2.0b

An investment holding company, provides technology-driven consumer financial services to borrowers in the People’s Republic of China and Hong Kong.

Allmed Medical ProductsLtd

Market Cap: CN¥5.3b

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

Guangzhou Devotion Thermal Technology

Market Cap: CN¥2.5b

Guangzhou Devotion Thermal Technology Co., Ltd.

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥11.9b

Tibet Rhodiola Pharmaceutical Holding Co.

Yibin City Commercial Bank

Market Cap: HK$12.1b

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

Uniplus Electronics

Market Cap: NT$4.9b

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

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥4.9b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Saha-Union

Market Cap: ฿8.6b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Hiconics Eco-energy Technology

Market Cap: CN¥6.3b

Engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally.

BGT Group

Market Cap: CN¥3.5b

Engages in water treatment technology research and development, system design, equipment manufacturing, installation and commissioning, and operation in China.

TCPL Packaging

Market Cap: ₹34.1b

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

Shenzhen Fenda Technology

Market Cap: CN¥11.9b

Develops, manufactures, and sells intelligent hardware integrated solutions in China.

Sichuan Haite High-techLtd

Market Cap: CN¥7.7b

Provides aircraft airborne equipment maintenance services in China.

Huang Hsiang Construction

Market Cap: NT$17.2b

Engages in development of residential and commercial properties.

Alltek Technology

Market Cap: NT$8.9b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Lungyen Life Service

Market Cap: NT$26.3b

Provides funeral facilities and services in Taiwan.

Champion Building MaterialsLtd

Market Cap: NT$4.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

FCE

Market Cap: JP¥16.9b

Through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan.

Luxchem Corporation Berhad

Market Cap: RM 459.7m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.