Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Daewon Cable

Market Cap: ₩227.3b

Manufactures and sells cables and wires in South Korea and internationally.

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.

PBA Holdings Bhd

Market Cap: RM 665.3m

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

Oswal Greentech

Market Cap: ₹10.9b

Develops real estate projects in India.

Synic SolutionLtd

Market Cap: ₩178.9b

Synic Solution Co., Ltd. provides semiconductor design solutions and foundry services to global fabless customers.

Tibet TourismLtd

Market Cap: CN¥5.5b

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

Goldiam International

Market Cap: ₹40.5b

Manufactures, sells, and trades in diamond studded gold, silver, and platinum jewelry in India.

ShenZhen Click TechnologyLTD

Market Cap: CN¥8.2b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.1b

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Daphne International Holdings

Market Cap: HK$949.7m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Indo Tech Transformers

Market Cap: ₹19.8b

Manufactures and sells transformers in India and internationally.

VCREDIT Holdings

Market Cap: HK$1.6b

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

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥4.6b

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

Maxigen Biotech

Market Cap: NT$3.9b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Vietnam Container Shipping

Market Cap: ₫11.9t

Engages in port services activities in Vietnam.

Miwon Chemicals

Market Cap: ₩165.2b

Develops, manufactures, and sells performance chemicals for use in the rubber, detergent, and personal care industries worldwide.

E J Holdings

Market Cap: JP¥28.6b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

HannStar Board

Market Cap: NT$34.8b

Manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan.

Sunway

Market Cap: CN¥4.9b

Engages in the research and development, production, sale, and service of cable products in China.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Enviro Infra Engineers

Market Cap: ₹47.1b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Nippon Care Supply

Market Cap: JP¥33.2b

Engages in the rental and wholesale of welfare equipment in Japan.

CHANGE HoldingsInc

Market Cap: JP¥83.6b

Provides IT human resources development training services in Japan.

AzureWave Technologies

Market Cap: NT$14.9b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Hearts and Minds Investments

Market Cap: AU$757.9m

n/a

Manyo Factory

Market Cap: ₩269.9b

Produces and sells skin care products in South Korea.

FALCO HOLDINGS

Market Cap: JP¥24.5b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

New Asia Construction & Development

Market Cap: NT$3.3b

Provides public construction services for governments in Taiwan.

KurimotoLtd

Market Cap: JP¥87.8b

Manufactures and sells ductile iron pipes and accessories, valves, industrial equipment and materials, and construction materials in Japan and internationally.

ITCENGLOBAL

Market Cap: ₩356.7b

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

Saison Technology

Market Cap: JP¥30.9b

Engages in the system development and operation, and software package businesses in Japan.

NARUMIYA INTERNATIONAL

Market Cap: JP¥16.6b

Manufactures, processes, and sells clothing and related products.

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.9b

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