Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sangoma Technologies

Market Cap: US$203.0m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

BYD Electronic (International)

Market Cap: US$73.8b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

NetEase

Market Cap: US$593.4b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

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.

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.

China Railway Group

Market Cap: CN¥129.2b

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

Guangdong Haid Group

Market Cap: CN¥88.3b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥224.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.8b

Provides container shipping services in China.

Huali Industrial Group

Market Cap: CN¥56.4b

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

NCSOFT

Market Cap: ₩4.1t

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

China South Publishing & Media Group

Market Cap: CN¥19.6b

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

F&F

Market Cap: ₩2.6t

Manufactures and sells apparel and accessories in South Korea.

Tsingtao Brewery

Market Cap: CN¥73.5b

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

WemadeLtd

Market Cap: ₩933.0b

Develops and publishes games in South Korea and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.2b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.4b

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

Industrial Bank

Market Cap: CN¥391.3b

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

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.

Hoa Phat Group

Market Cap: ₫206.1t

Produces and sells steel products in Vietnam.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.9b

Manufactures and sells power distribution in China 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.

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.

Anhui Expressway

Market Cap: CN¥23.0b

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

Champion Iron

Market Cap: US$2.7b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

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.

Genpact

Market Cap: €6.4b

Provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe.

McBride

Market Cap: €291.4m

Manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, Germany, France, Italy, Spain, rest of Europe, the Asia-Pacific, and internationally.

MCNEX

Market Cap: ₩474.4b

Manufactures and sells camera modules in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.8b

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

Summerset Group Holdings

Market Cap: AU$2.5b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.