Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Guangdong Haid Group

Market Cap: CN¥88.7b

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

Middle East Healthcare

Market Cap: ر.س3.2b

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

Metcash

Market Cap: AU$3.6b

Operates as a wholesale distribution and marketing company in Australia.

National Medical Care

Market Cap: ر.س6.0b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Sansiri

Market Cap: ฿23.7b

Engages in the property development business in Thailand.

Industrial Bank

Market Cap: CN¥432.1b

Provides banking products and services in the People’s Republic of China.

Indofood Sukses Makmur

Market Cap: Rp59.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.4b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.7b

Engages in the production and sales of coal in China.

Aeon (M) Bhd

Market Cap: RM 1.5b

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

Hansen Technologies

Market Cap: AU$1.1b

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

ISOTeam

Market Cap: S$58.7m

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

GWA Group

Market Cap: AU$645.2m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Aurelia Metals

Market Cap: AU$406.2m

Engages in the exploration and production of mineral properties in Australia.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

China Railway Group

Market Cap: CN¥124.7b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Acrow

Market Cap: AU$326.2m

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

China Overseas Property Holdings

Market Cap: HK$15.3b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.4b

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

NetEase Cloud Music

Market Cap: HK$40.7b

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.

Adairs

Market Cap: AU$305.0m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Anker Innovations

Market Cap: CN¥58.3b

Develops and sells smart hardware products in Europe, the United States, Japan, and Mainland China.

Chambal Fertilisers and Chemicals

Market Cap: ₹178.6b

Produces and sells fertilizers primarily in India.

REC

Market Cap: ₹883.2b

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

Fosun International

Market Cap: HK$37.8b

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

Emaar Properties PJSC

Market Cap: د.إ127.3b

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

IRB Infrastructure Developers

Market Cap: ₹250.2b

Engages in the infrastructure development business in India.

Longfor Group Holdings

Market Cap: HK$63.9b

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.

China Resources Land

Market Cap: HK$194.7b

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

Hoa Phat Group

Market Cap: ₫204.9t

Produces and sells steel products in Vietnam.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

China Mengniu Dairy

Market Cap: HK$57.7b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Beijing New Building Materials

Market Cap: CN¥42.0b

Manufactures and sells building materials in China and internationally.

New Hope Dairy

Market Cap: CN¥15.3b

Produces and sells dairy products in China.

China National Building Material

Market Cap: HK$35.8b

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