Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

MC Group

Market Cap: ฿7.9b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Indorama Ventures

Market Cap: ฿114.0b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Mitek Systems

Market Cap: US$429.2m

Provides mobile image capture and digital identity verification solutions worldwide.

Hu Lane Associate

Market Cap: NT$14.3b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Daido Steel

Market Cap: JP¥200.0b

Manufactures and sells steel products in Japan and internationally.

Luxi Chemical Group

Market Cap: CN¥19.9b

Manufactures and sells chemical and fertilizer products.

Ganyuan Foods

Market Cap: CN¥5.9b

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

Beijing New Building Materials

Market Cap: CN¥47.3b

Manufactures and sells building materials in China and internationally.

China Resources Land

Market Cap: HK$180.4b

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

REC

Market Cap: ₹1.1t

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

AWC Berhad

Market Cap: RM 196.2m

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

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.9b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.0b

Provides chemical supply chain solutions in China and internationally.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥30.5b

Manufactures and sells power distribution and utilization systems in China and internationally.

Huaxin Cement

Market Cap: CN¥21.9b

Manufactures and sells cement in China and internationally.

Sunshine Insurance Group

Market Cap: HK$36.9b

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

Summerset Group Holdings

Market Cap: AU$2.6b

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

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

Xiamen C&D

Market Cap: CN¥28.8b

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

Sao Ta Foods

Market Cap: ₫2.5t

Engages in farming, processing, and preserving aquatic products.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.8b

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.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥23.8b

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

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.6b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.9b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Security Bank

Market Cap: ₱49.6b

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

Ningbo Deye Technology Group

Market Cap: CN¥52.6b

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

Nissui

Market Cap: JP¥261.0b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Proya CosmeticsLtd

Market Cap: CN¥35.3b

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥28.2b

Provides real estate development services in China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.6b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.