Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Railway Group

Market Cap: CN¥129.1b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Huali Industrial Group

Market Cap: CN¥56.4b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.9b

Manufactures and sells power distribution in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥224.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥88.3b

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

Tsingtao Brewery

Market Cap: CN¥73.4b

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

Bethel Automotive Safety Systems

Market Cap: CN¥31.2b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

WemadeLtd

Market Cap: ₩933.0b

Develops and publishes games in South Korea and internationally.

Industrial Bank

Market Cap: CN¥391.3b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.8b

Provides container shipping services in China.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

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

China South Publishing & Media Group

Market Cap: CN¥19.6b

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

NCSOFT

Market Cap: ₩4.1t

Develops and publishes online games in Korea, Japan, Taiwan, the United States of America, Europe, and Canada.

Lucky Harvest

Market Cap: CN¥9.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Indofood Sukses Makmur

Market Cap: Rp58.6t

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Anhui Expressway

Market Cap: CN¥23.1b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.2b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

F&F

Market Cap: ₩2.6t

Manufactures and sells apparel and accessories in South Korea.

Hoa Phat Group

Market Cap: ₫206.1t

Produces and sells steel products in Vietnam.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.4b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Lithia Motors

Market Cap: €7.3b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

On the Beach Group

Market Cap: €284.6m

Operates as an online retailer of short haul beach holidays under the On the Beach brand in the United Kingdom and Republic of Ireland.

Oracle Corporation Japan

Market Cap: €1.2t

Provides software, hardware, and cloud products and solutions in Japan.

Corebridge Financial

Market Cap: €15.0b

Provides retirement solutions and insurance products in the United States.

Highwood Asset Management

Market Cap: CA$60.7m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

Abercrombie & Fitch

Market Cap: US$4.3b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Euroseas

Market Cap: US$396.2m

Provides ocean-going transportation services worldwide.

Ernst Russ

Market Cap: €241.9m

A publicly owned investment manager.