Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

MC Group

Market Cap: ฿7.7b

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

AWC Berhad

Market Cap: RM 201.2m

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Ganyuan Foods

Market Cap: CN¥6.1b

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

REC

Market Cap: ₹1.1t

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

Acrow

Market Cap: AU$311.0m

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.9b

Produces and sells seasoning products in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.3b

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

Xiamen C&D

Market Cap: CN¥29.4b

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.

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.

Huaxin Cement

Market Cap: CN¥22.2b

Manufactures and sells cement 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.

China National Building Material

Market Cap: HK$26.5b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

BOC Aviation

Market Cap: HK$43.2b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing solutions worldwide.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Mayur Uniquoters

Market Cap: ₹24.8b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.4b

ShenZhen YUTO Packaging Technology Co., Ltd.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.6b

Operates a chain of convenience supermarkets in China.

Luxi Chemical Group

Market Cap: CN¥20.1b

Manufactures and sells chemical and fertilizer products.

Beijing New Building Materials

Market Cap: CN¥48.1b

Manufactures and sells building materials in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.1b

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

Keio

Market Cap: JP¥406.5b

Provides rail transportation services in Japan.

Tsingtao Brewery

Market Cap: HK$95.4b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Zhejiang Semir Garment

Market Cap: CN¥14.7b

Produces and sells casual apparels in China and internationally.

Ningbo Deye Technology Group

Market Cap: CN¥52.8b

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

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Otsuka Holdings

Market Cap: JP¥3.7t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.0b

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

Trajan Group Holdings

Market Cap: AU$114.3m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.4b

Provides chemical supply chain solutions in China and internationally.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥21.1b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥28.2b

Provides real estate development services in China.