Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China National Building Material

Market Cap: HK$26.8b

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

Baoxiniao Holding

Market Cap: CN¥5.5b

Engages in the research and development, production, and sale of branded men and women clothing products in China.

Zhejiang Semir Garment

Market Cap: CN¥14.1b

Produces and sells casual apparels in China and internationally.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

Indorama Ventures

Market Cap: ฿114.0b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

China Resources Land

Market Cap: HK$192.9b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Luxi Chemical Group

Market Cap: CN¥20.3b

Manufactures and sells chemical and fertilizer products.

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

Huaxin Cement

Market Cap: CN¥22.1b

Manufactures and sells cement in China and internationally.

Longfor Group Holdings

Market Cap: HK$68.1b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Konica Minolta

Market Cap: JP¥218.8b

Engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally.

Innocean Worldwide

Market Cap: ₩749.6b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

CLIO CosmeticsLtd

Market Cap: ₩287.9b

Provides makeup products in South Korea and internationally.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.2b

Operates a chain of convenience supermarkets in China.

Gansu Shangfeng CementLtd

Market Cap: CN¥7.2b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

Ganyuan Foods

Market Cap: CN¥5.7b

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

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.7b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥28.7b

Provides real estate development services in China.

Ningbo Deye Technology Group

Market Cap: CN¥51.6b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Binggrae

Market Cap: ₩741.8b

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.9b

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

ACC

Market Cap: ₹346.7b

Engages in the manufacture and sale of cement and ready-mix concrete in India.

Beijing New Building Materials

Market Cap: CN¥45.8b

Manufactures and sells building materials in China and internationally.

Aeon (M) Bhd

Market Cap: RM 2.0b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.7b

ShenZhen YUTO Packaging Technology Co., Ltd.

Xiamen C&D

Market Cap: CN¥29.4b

Engages in the supply chain and real estate development businesses in China and internationally.

AWC Berhad

Market Cap: RM 199.5m

An investment holding company, provides integrated facilities management and engineering services.

Vieworks

Market Cap: ₩196.6b

Develops, manufactures, and sells imaging systems and solutions.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Otsuka Holdings

Market Cap: JP¥3.8t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

REC

Market Cap: ₹1.1t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Hoa Phat Group

Market Cap: ₫168.9t

Produces and sells steel products in Vietnam.

Acrow

Market Cap: AU$311.0m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.