Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Trajan Group Holdings

Market Cap: AU$57.2m

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.

ARN Media

Market Cap: AU$78.3m

Operates as a media and entertainment company in Australia and Hong Kong.

Aurelia Metals

Market Cap: AU$448.8m

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

Fosun International

Market Cap: HK$33.4b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.5b

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

Aeris Resources

Market Cap: AU$448.9m

Explores, produces, and sells precious metals in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.3b

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

China Resources Land

Market Cap: HK$223.9b

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

Beijing New Building Materials

Market Cap: CN¥43.7b

Manufactures and sells building materials in China.

Xiamen C&D

Market Cap: CN¥25.3b

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

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.0b

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

Industrial Bank

Market Cap: CN¥388.6b

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

Acrow

Market Cap: AU$303.8m

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

C&D International Investment Group

Market Cap: HK$32.0b

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.

Qoria

Market Cap: AU$429.8m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Genscript Biotech

Market Cap: HK$30.1b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

KMD Brands

Market Cap: NZ$97.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

GWA Group

Market Cap: AU$532.5m

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

Guangdong Haid Group

Market Cap: CN¥79.3b

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

KMD Brands

Market Cap: AU$97.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Aluminum Corporation of China

Market Cap: HK$235.3b

Primarily engages in the exploration and mining of bauxite, coal, and other resources 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.

Xtep International Holdings

Market Cap: HK$12.7b

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

Anhui Conch Cement

Market Cap: CN¥110.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

BRP

Market Cap: CA$5.8b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

China Aviation Oil (Singapore)

Market Cap: €1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Ventura Offshore Holding

Market Cap: NOK 3.3b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Torex Gold Resources

Market Cap: US$6.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Concentra Group Holdings Parent

Market Cap: US$2.9b

Provides occupational health services in the United States.

LiveRamp Holdings

Market Cap: US$1.8b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

China Life Insurance

Market Cap: US$1.1t

Operates as a life insurance company in the People’s Republic of China.

Ernst Russ

Market Cap: €264.8m

A publicly owned investment manager.