Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Monash IVF Group

Market Cap: AU$249.4m

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

GF Securities

Market Cap: CN¥132.0b

Provides capital market services for corporations, individuals, institutional investors, financial institutions, and government clients in the People’s Republic of China.

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.4b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Acrow

Market Cap: AU$264.8m

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

Beijing New Building Materials

Market Cap: CN¥42.9b

Manufactures and sells building materials in China.

Fosun International

Market Cap: HK$31.6b

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

Aeris Resources

Market Cap: AU$508.8m

Explores, produces, and sells precious metals in Australia.

China Resources Land

Market Cap: HK$199.4b

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

Ganyuan Foods

Market Cap: CN¥4.5b

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

China Hongqiao Group

Market Cap: HK$336.1b

An investment holding company, manufactures and sells aluminum products.

Grand Pharmaceutical Group

Market Cap: HK$23.0b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Xiamen C&D

Market Cap: CN¥26.2b

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

Sinoma International EngineeringLtd

Market Cap: CN¥26.8b

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

Anhui Conch Cement

Market Cap: CN¥115.6b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Samsonite Group

Market Cap: HK$20.8b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

Aurelia Metals

Market Cap: AU$397.9m

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

Morimatsu International Holdings

Market Cap: HK$8.1b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.1b

Provides chemical supply chain solutions worldwide.

Ingenia Communities Group

Market Cap: AU$1.6b

Ingenia Communities Group (ASX: INA) is a leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focussed on the growing seniors’ market in Australia.

Longfor Group Holdings

Market Cap: HK$56.7b

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.

Lucky Harvest

Market Cap: CN¥7.7b

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

C&D International Investment Group

Market Cap: HK$28.7b

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.

Adairs

Market Cap: AU$243.8m

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

Trajan Group Holdings

Market Cap: AU$61.0m

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.

China Railway Group

Market Cap: CN¥125.6b

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

Guangdong Haid Group

Market Cap: CN¥85.6b

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

Qoria

Market Cap: AU$395.7m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥13.9b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

GPT Group

Market Cap: AU$8.8b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Industrial Bank

Market Cap: CN¥399.6b

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

GWA Group

Market Cap: AU$555.8m

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

High Tide

Market Cap: CA$282.2m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Bonheur

Market Cap: NOK 9.9b

Engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Norway, Europe, Asia, the Americas, Africa, and Internationally.