Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase

Market Cap: US$577.8b

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

Champion Iron

Market Cap: US$2.5b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

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.

Bayerische Motoren Werke

Market Cap: US$46.0b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Beijing New Building Materials

Market Cap: CN¥41.7b

Manufactures and sells building materials in China and internationally.

Adairs

Market Cap: AU$229.7m

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

Industrial Bank

Market Cap: CN¥386.0b

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

IndiQube Spaces

Market Cap: ₹28.7b

Provides workplace solutions and value-added services in India.

Geely Automobile Holdings

Market Cap: CN¥215.7b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Inspur Digital Enterprise Technology

Market Cap: HK$3.6b

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.

Emaar Properties PJSC

Market Cap: د.إ100.8b

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

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

C&D International Investment Group

Market Cap: HK$28.3b

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.

Xtep International Holdings

Market Cap: HK$13.3b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Longfor Group Holdings

Market Cap: HK$57.5b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥25.5b

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

Indegene

Market Cap: ₹101.6b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Vikram Solar

Market Cap: ₹68.8b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Origin Property

Market Cap: ฿4.2b

Engages in property development in Thailand.

Metcash

Market Cap: AU$3.1b

Operates as a wholesale distribution and marketing company in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

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

China Hongqiao Group

Market Cap: HK$316.3b

An investment holding company, manufactures and sells aluminum products.

Dentsu Group

Market Cap: JP¥702.8b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.6b

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

Srisawad Corporation

Market Cap: ฿35.9b

Provides financial services in Thailand and internationally.

Ingenia Communities Group

Market Cap: AU$1.6b

Ingenia Communities Group (ASX: INA) is a leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focussed on the growing seniors’ market in Australia.

Lion

Market Cap: JP¥441.4b

Manufactures and sells consumer and industrial products in Japan and internationally.

Regis Resources

Market Cap: AU$4.4b

Engages in the exploration, evaluation, and development of gold projects in Australia.

ISOTeam

Market Cap: S$61.3m

Operates in the building maintenance and estate upgrading industry in Singapore.

Lucky Harvest

Market Cap: CN¥7.5b

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

LHN

Market Cap: S$241.5m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

GPT Group

Market Cap: AU$8.7b

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.

Cheerwin Group

Market Cap: HK$2.9b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.