Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Innocean Worldwide

Market Cap: ₩734.4b

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

Beijing New Building Materials

Market Cap: CN¥47.5b

Manufactures and sells building materials in China and internationally.

HAESUNG DS

Market Cap: ₩328.3b

Manufactures and sells semiconductor components in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

Ganyuan Foods

Market Cap: CN¥5.9b

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.2b

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

Ningbo Deye Technology Group

Market Cap: CN¥53.9b

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

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Tsingtao Brewery

Market Cap: HK$93.5b

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

Xiamen C&D

Market Cap: CN¥29.4b

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

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing solutions worldwide.

Trajan Group Holdings

Market Cap: AU$112.0m

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.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺148.4b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Acrow

Market Cap: AU$312.6m

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

WemadeLtd

Market Cap: ₩929.2b

Develops and publishes games in South Korea and internationally.

China Resources Land

Market Cap: HK$186.8b

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¥20.0b

Manufactures and sells chemical and fertilizer products.

Vieworks

Market Cap: ₩192.9b

Develops, manufactures, and sells imaging systems and solutions.

Sunshine Insurance Group

Market Cap: HK$36.8b

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

China National Building Material

Market Cap: HK$26.6b

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

Longfor Group Holdings

Market Cap: HK$67.7b

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.

Adaro Minerals Indonesia

Market Cap: Rp42.1t

Engages in metallurgical coal mining business in Indonesia.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.7b

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

MCNEX

Market Cap: ₩439.0b

Manufactures and sells camera modules in South Korea and internationally.

Proya CosmeticsLtd

Market Cap: CN¥34.8b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.6b

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.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.5b

ShenZhen YUTO Packaging Technology Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Middle East Healthcare

Market Cap: ر.س5.3b

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

Vietnam International Commercial Bank

Market Cap: ₫53.6t

Provides banking products and services to organizations and individuals.

Hyosung TNC

Market Cap: ₩1.1t

Manufactures and sells fiber in South Korea and internationally.

BWG

Market Cap: NOK 17.1b

An investment holding company, engages in ship owning and chartering activities worldwide.