Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

IPH

Market Cap: AU$996.2m

Provides intellectual property (IP) services and products.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.3b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥95.5b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

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

Shenzhen Transsion Holdings

Market Cap: CN¥84.7b

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

REC

Market Cap: ₹976.0b

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

Anker Innovations

Market Cap: CN¥60.1b

Develops and sells mobile charging products.

Beijing New Building Materials

Market Cap: CN¥40.3b

Manufactures and sells building materials in China and internationally.

Horizon Construction Development

Market Cap: HK$3.7b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.1b

Provides chemical supply chain solutions worldwide.

C&D International Investment Group

Market Cap: HK$35.1b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Aurelia Metals

Market Cap: AU$397.8m

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

Apeejay Surrendra Park Hotels

Market Cap: ₹31.6b

Owns and operates hotels in India.

China Overseas Property Holdings

Market Cap: HK$15.9b

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

Aeris Resources

Market Cap: AU$451.7m

Explores, produces, and sells precious metals in Australia.

Adairs

Market Cap: AU$352.0m

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

China Resources Land

Market Cap: HK$200.0b

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

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.4b

Engages in the research and development, production, and sale of Chinese patent medicines and health foods in Mainland China.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

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

China Mengniu Dairy

Market Cap: HK$54.7b

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

China Railway Group

Market Cap: CN¥130.6b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.8b

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.

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Longfor Group Holdings

Market Cap: HK$66.6b

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.

Chambal Fertilisers and Chemicals

Market Cap: ₹192.9b

Produces and sells fertilizers primarily in India.

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.2b

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

GWA Group

Market Cap: AU$628.0m

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

Monash IVF Group

Market Cap: AU$268.8m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

BOC Aviation

Market Cap: HK$47.9b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Trajan Group Holdings

Market Cap: AU$119.7m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.3b

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

Kimberly-Clark

Market Cap: €33.9b

Manufactures and markets personal care products in the United States.

United Bank for Africa

Market Cap: ₦1.6t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Fortune Brands Innovations

Market Cap: US$6.1b

Engages in the provision of home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally.

INDUS Holding

Market Cap: €545.2m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.