Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hoenle

Market Cap: €55.8m

Develops, manufactures, and distributes industrial UV technologies and systems in Germany and internationally.

Industrial Bank

Market Cap: CN¥379.5b

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

Lion

Market Cap: JP¥420.6b

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

Shenzhen Gas

Market Cap: CN¥19.9b

Provides urban gas, natural gas, and LPG energy.

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥16.7b

Beijing Dabeinong Technology Group Co.,Ltd.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.7b

Engages in the real estate development and related businesses in China.

Konica Minolta

Market Cap: JP¥249.5b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

SaizeriyaLtd

Market Cap: JP¥248.1b

Operates restaurants in Japan, Australia, Indonesia and Asia.

Bear Electric ApplianceLtd

Market Cap: CN¥6.4b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Guangdong Haid Group

Market Cap: CN¥81.6b

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

Anhui Conch Cement

Market Cap: CN¥106.4b

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

Rohto PharmaceuticalLtd

Market Cap: JP¥532.7b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥34.8b

Engages in the research, design, development, production, and sale of paper printing and packaging products in China and internationally.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥12.2b

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

Stella-Jones

Market Cap: US$4.4b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Beijing New Building Materials

Market Cap: CN¥44.2b

Manufactures and sells building materials in China.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

China South Publishing & Media Group

Market Cap: CN¥20.4b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

AMG Critical Materials

Market Cap: US$1.3b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Future

Market Cap: JP¥136.8b

Provides IT consulting and services primarily in Japan.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥28.1b

Manufactures and sells power distribution in China and internationally.

Kumagai GumiLtd

Market Cap: JP¥254.2b

Operates as a construction company in Japan and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Qoria

Market Cap: AU$395.7m

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

Regis Resources

Market Cap: AU$5.1b

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

Nido Education

Market Cap: AU$79.7m

Owns, operates, and manages long day early childhood education and care centers under the Nido Early School brand in Australia.

Samsonite Group

Market Cap: HK$19.8b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

ISOTeam

Market Cap: S$65.3m

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

LHN

Market Cap: S$281.0m

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

Baoshan Iron & Steel

Market Cap: CN¥134.9b

Manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

Gourmet Master

Market Cap: NT$12.0b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.

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.

Aeon (M) Bhd

Market Cap: RM 1.6b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.