Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Emaar Properties PJSC

Market Cap: د.إ116.7b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Trajan Group Holdings

Market Cap: AU$101.4m

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.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

IPH

Market Cap: AU$910.0m

Provides intellectual property (IP) services and products.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

NetEase Cloud Music

Market Cap: HK$41.7b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.0b

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

WemadeLtd

Market Cap: ₩857.2b

Develops and publishes games in South Korea and internationally.

REC

Market Cap: ₹953.9b

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

Guangdong Haid Group

Market Cap: CN¥92.3b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

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

Srisawad Corporation

Market Cap: ฿41.5b

Provides financial services in Thailand and internationally.

Aeris Resources

Market Cap: AU$511.4m

Explores, produces, and sells precious metals in Australia.

Shofu

Market Cap: JP¥66.6b

Manufactures and sells dental materials and equipment worldwide.

MC Group

Market Cap: ฿8.5b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

MCNEX

Market Cap: ₩423.8b

Manufactures and sells camera modules in South Korea and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.4b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Raydium Semiconductor

Market Cap: NT$16.6b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥9.0b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.7b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Sanwa Holdings

Market Cap: JP¥859.6b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Chambal Fertilisers and Chemicals

Market Cap: ₹177.3b

Produces and sells fertilizers primarily in India.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Sansiri

Market Cap: ฿23.9b

Engages in the property development business in Thailand.

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.

AWC Berhad

Market Cap: RM 196.8m

An investment holding company, provides integrated facilities management and engineering services.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.8b

Beijing Urban Construction Investment & Development Co., Ltd.

Security Bank

Market Cap: ₱51.8b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

China Overseas Property Holdings

Market Cap: HK$16.3b

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

C&D International Investment Group

Market Cap: HK$37.3b

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.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.8b

Engages in the manufacture of pharmaceutical products in China.

DUG Technology

Market Cap: AU$280.3m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.6b

Provides container shipping services in China.