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.

Exxaro Resources

Market Cap: R35.8b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Beijing New Building Materials

Market Cap: CN¥44.9b

Manufactures and sells building materials in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.5b

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.9b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.6b

ShenZhen YUTO Packaging Technology Co., Ltd.

Sasseur Real Estate Investment Trust

Market Cap: S$794.2m

Invests in a portfolio of real estate and related assets.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

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.

China National Building Material

Market Cap: HK$27.2b

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

Shenzhen Transsion Holdings

Market Cap: CN¥89.9b

Manufactures and sells smart devices in Africa and internationally.

REC

Market Cap: ₹1.1t

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

AWC Berhad

Market Cap: RM 194.5m

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.8b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Sunshine Insurance Group

Market Cap: HK$39.3b

Provides various insurance products and related services in the People’s Republic of China.

Xiamen C&D

Market Cap: CN¥29.1b

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Adaro Minerals Indonesia

Market Cap: Rp41.7t

Engages in metallurgical coal mining business in Indonesia.

Hoa Phat Group

Market Cap: ₫171.1t

Produces and sells steel products in Vietnam.

Longfor Group Holdings

Market Cap: HK$69.5b

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.

Aeon (M) Bhd

Market Cap: RM 1.9b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.6b

Manufactures and sells steel structures and supporting products in China and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

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

Hu Lane Associate

Market Cap: NT$15.0b

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

ANE (Cayman)

Market Cap: HK$9.2b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Acrow

Market Cap: AU$308.0m

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

Ningbo Deye Technology Group

Market Cap: CN¥48.8b

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

Sinoma International EngineeringLtd

Market Cap: CN¥23.0b

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

Indorama Ventures

Market Cap: ฿112.9b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

MC Group

Market Cap: ฿7.6b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Middle East Healthcare

Market Cap: ر.س5.1b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.5b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥32.7b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Trajan Group Holdings

Market Cap: AU$106.7m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.