Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$70.1b

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.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

NetEase

Market Cap: US$592.1b

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

China Railway Group

Market Cap: CN¥133.7b

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

Grand Pharmaceutical Group

Market Cap: HK$25.0b

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.

Anker Innovations

Market Cap: CN¥53.4b

Operates as a smart hardware technology company in China and internationally.

Trajan Group Holdings

Market Cap: AU$70.2m

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.

Longfor Group Holdings

Market Cap: HK$66.2b

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.

China Resources Land

Market Cap: HK$221.8b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

China Mengniu Dairy

Market Cap: HK$64.5b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Morimatsu International Holdings

Market Cap: HK$10.7b

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

Ganyuan Foods

Market Cap: CN¥4.9b

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

GPT Group

Market Cap: AU$8.9b

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.

Acrow

Market Cap: AU$272.6m

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

Lucky Harvest

Market Cap: CN¥8.4b

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

GWA Group

Market Cap: AU$566.2m

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

Industrial Bank

Market Cap: CN¥402.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥13.7b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Adairs

Market Cap: AU$271.3m

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

Monash IVF Group

Market Cap: AU$249.4m

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

Guangdong Haid Group

Market Cap: CN¥92.5b

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

Aeris Resources

Market Cap: AU$490.8m

Explores, produces, and sells precious metals in Australia.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.5b

An investment holding company, provides tea drink products in the People’s Republic of China.

Fosun International

Market Cap: HK$31.7b

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

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

Beijing New Building Materials

Market Cap: CN¥45.2b

Manufactures and sells building materials in China and internationally.

C&D International Investment Group

Market Cap: HK$32.3b

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.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.7b

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

Indofood Sukses Makmur

Market Cap: Rp52.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.6b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$440.1m

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

American Integrity Insurance Group

Market Cap: €370.4m

Operates as an insurance company in the United States.

Green Thumb Industries

Market Cap: €2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.