Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

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.

Sportsman's Warehouse Holdings

Market Cap: US$42.1m

Operates as an outdoor sporting goods retailer in the United States.

COSCO SHIPPING Ports

Market Cap: HK$17.4b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥25.9b

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

JNBY Design

Market Cap: HK$7.7b

Engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.

Fujian Funeng

Market Cap: CN¥25.4b

Engages in the production and sale of electricity and heat in China.

Jiangling Motors Corporation

Market Cap: CN¥15.1b

Engages in the production and sale of automobiles and automobile parts in China and internationally.

China Resources Land

Market Cap: HK$188.6b

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

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

TECON BIOLOGYLTD

Market Cap: CN¥8.6b

Engages in the provision of animal health care, feed, pig breeding, agricultural product processing and trade, and financial services in China and internationally.

Zhongjin GoldLtd

Market Cap: CN¥63.9b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Jiangshan Oupai Door Industry

Market Cap: CN¥3.0b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.5b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp239.7t

Provides information and communications technology, and telecommunications network services worldwide.

China Everbright Environment Group

Market Cap: HK$20.5b

An investment holding company, provides environmental solutions worldwide.

LX Semicon

Market Cap: ₩936.8b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Shenzhen YHLO Biotech

Market Cap: CN¥9.8b

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

DFI Retail Group Holdings

Market Cap: US$3.1b

Operates as a retailer in Asia.

China Resources Power Holdings

Market Cap: HK$94.3b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥51.1b

Manufactures and sells building materials in China and internationally.

GFT Technologies

Market Cap: €548.9m

Provides digital transformation services.

Hostelworld Group

Market Cap: UK£152.7m

Operates as an online travel agent focused on the hostel market worldwide.

Argan

Market Cap: €1.6b

Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.

Shenzhou International Group Holdings

Market Cap: €88.6b

An investment holding company, engages in the manufacture, printing, and sale of knitwear products in Mainland China, European Union, the United States, Japan, and internationally.

Ultimate Products

Market Cap: UK£65.8m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Victory Capital Holdings

Market Cap: €3.7b

Operates as an asset management company in the United States and internationally.

Aica Kogyo Company

Market Cap: €206.6b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Menicon

Market Cap: €99.5b

Manufactures and sells contact lenses and lens care products.

Origin Enterprises

Market Cap: €316.5m

Provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.

Timken

Market Cap: €5.2b

Designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally.

Zijin Mining Group

Market Cap: US$488.1b

A mining company, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

East West Bancorp

Market Cap: US$12.2b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Montrose Environmental Group

Market Cap: US$580.0m

Operates as an environmental services company in the United States, Canada, and internationally.