Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Blue Bird

Market Cap: US$1.6b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Srisawad Corporation

Market Cap: ฿42.4b

Provides financial services in Thailand and internationally.

Horizon Construction Development

Market Cap: HK$3.5b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

National Agricultural Development

Market Cap: ر.س5.5b

Engages in the production of agricultural and livestock products in the Kingdom of Saudi Arabia and internationally.

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Middle East Healthcare

Market Cap: ر.س3.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.0b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Sanwa Holdings

Market Cap: JP¥864.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Grand Pharmaceutical Group

Market Cap: HK$27.9b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Fosun International

Market Cap: HK$36.1b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Ernst Russ

Market Cap: €234.5m

A publicly owned investment manager.

Tsingtao Brewery

Market Cap: CN¥72.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Hu Lane Associate

Market Cap: NT$14.9b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

Engages in the research, development, production, and sale of snack foods in China and internationally.

China South Publishing & Media Group

Market Cap: CN¥19.8b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

SK

Market Cap: ₩14.0t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Guangdong Haid Group

Market Cap: CN¥93.3b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

ISOTeam

Market Cap: S$61.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

Emaar Properties PJSC

Market Cap: د.إ122.9b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥77.8b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

An investment holding company, provides tea drink products in the People’s Republic of China.

NetEase Cloud Music

Market Cap: HK$39.6b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.2b

Manufactures and sells power distribution in China and internationally.

JVM

Market Cap: ₩297.7b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.8b

Provides chemical supply chain solutions worldwide.

Anhui Expressway

Market Cap: CN¥23.5b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

F&F

Market Cap: ₩2.6t

Manufactures and sells sewn wearing apparels in South Korea.

Tonghua Dongbao Pharmaceutical

Market Cap: CN¥16.0b

Researches, develops, produces, and markets pharmaceuticals in China.

Centurion

Market Cap: S$1.1b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Beijing New Building Materials

Market Cap: CN¥42.1b

Manufactures and sells building materials in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.1b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

China National Building Material

Market Cap: HK$38.6b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Binggrae

Market Cap: ₩658.7b

Engages in production and sale of dairy products in South Korea and internationally.