Global Materials Potentially Undervalued Companies

L&P Global Berhad

Market Cap: RM 53.2m

Offers integrated industrial packaging solutions in Malaysia and Vietnam.

Heubach Colorants India

Market Cap: ₹13.7b

Engages in the manufacture and sale of specialty chemicals in India and internationally.

Dazhong Mining

Market Cap: CN¥17.5b

Engages in the mining and dressing of iron ore.

Aditya Birla Real Estate

Market Cap: ₹194.7b

Develops and leases real estate properties primarily in India.

Qingdao Gon Technology

Market Cap: CN¥12.3b

Engages in the research and development, production, and sale of modified plastic particles and products, and functional plastic plates in China and internationally.

BBMG

Market Cap: HK$16.9b

An investment holding company, engages in green building materials, and property development and operation businesses in Asia, Europe, Africa, and internationally.

Yunnan Energy New Material

Market Cap: CN¥42.7b

Offers film products in China and internationally.

Vicostone

Market Cap: ₫7.9t

Manufactures and sells quartz based engineered stones in Asia and internationally.

Angang Steel

Market Cap: HK$24.9b

Engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally.

Metal Coatings (India)

Market Cap: ₹503.8m

Manufactures and sells cold-rolled steel strips and hot-rolled pickled and oiled steel strips and coils in India.

Anyang Iron and SteelLtd

Market Cap: CN¥6.1b

Engages in manufacture and sale of steel products by using processing technology in China and internationally.

WTEC Group Berhad

Market Cap: RM 84.0m

An investment holding company, manufactures and trades in foam and non-foam products, focusing on non-woven fabric products primarily in Malaysia and Vietnam.

Thai Eastern Group Holdings

Market Cap: ฿3.5b

Engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally.

Fatima Fertilizer

Market Cap: PK₨266.9b

Engages in buying, manufacturing, producing, importing, exporting, and selling of fertilizers and chemicals in Pakistan.

Cabio Biotech (Wuhan)

Market Cap: CN¥4.3b

Develops, produces, and markets arachidonic and docosahexaenoic acids, and beta-carotene for domestic and foreign infant formula, and healthy food manufacturers.

Chongqing Polycomp International

Market Cap: CN¥23.4b

Engages in the research, development, production, and sale of fiberglass products in China.

China XLX Fertiliser

Market Cap: HK$10.6b

An investment holding company, engages in the development, manufacture, and sale of urea primarily in Mainland China and internationally.

Huasheng International Holding

Market Cap: HK$113.3m

An investment holding company, engages in the production and sale of ready-mixed commercial concrete in the People’s Republic of China.

Jinneng Science&TechnologyLtd

Market Cap: CN¥5.7b

An energy-focused industrial company, produces and distributes fine chemical and coal chemical products in China and internationally.

South32

Market Cap: AU$11.9b

Operates as a diversified metals and mining company.

Nanjing Iron & Steel

Market Cap: CN¥31.3b

Produces and sells steel and related products in China.

CMC

Market Cap: ₫1.0t

Together with its subsidiary, CVT Investment and Development Company Limited, manufactures and sells construction materials and other ceramic products in Vietnam.

Jinduicheng Molybdenum

Market Cap: CN¥47.3b

Engages in the provision of molybdenum worldwide.

Shandong Xinjufeng Technology Packaging

Market Cap: CN¥3.7b

Shandong Xinjufeng Technology Packaging Co., Ltd.

Tianshan Material

Market Cap: CN¥42.4b

Produces and sells cement, commercial concrete, and aggregates in China and internationally.

Ddev Plastiks Industries

Market Cap: ₹35.8b

Manufactures and sells customised plastic compounds in India and internationally.

China Gold International Resources

Market Cap: HK$9.7b

A gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People’s Republic of China and Canada.

Sonal Adhesives

Market Cap: ₹292.9m

Engages in the manufacturing of adhesive tapes, specialty adhesives, and emulsions in India.

Shinwha Intertek

Market Cap: ₩57.6b

Produces and sells optical films in Korea and internationally.

BBMG

Market Cap: HK$16.9b

An investment holding company, engages in green building materials, and property development and operation businesses in Asia, Europe, Africa, and internationally.

Safe Mix Concrete

Market Cap: PK₨996.5m

Produces and supplies ready mix concrete for construction companies in Pakistan.

Nankai PlywoodLtd

Market Cap: JP¥7.3b

Manufactures and sells interior building materials in Japan.

MMG

Market Cap: HK$76.0b

An investment holding company, engages in the exploration, development, and mining of mineral properties.

Huhtamaki India

Market Cap: ₹17.3b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.

Castrol India

Market Cap: ₹193.6b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Jiangsu Flag Chemical Industry

Market Cap: CN¥3.1b

Engages in the research, development, production, and sale of green pesticides in the People’s Republic of China.