Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Longfor Group Holdings

Market Cap: HK$68.8b

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.

Ningbo Deye Technology Group

Market Cap: CN¥56.5b

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

Hyosung TNC

Market Cap: ₩1.0t

Manufactures and sells fiber in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp266.5t

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

WemadeLtd

Market Cap: ₩821.3b

Develops and publishes games in South Korea and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥8.8b

Beijing Urban Construction Investment & Development Co., Ltd.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥7.7b

Provides chemical supply chain solutions in China and internationally.

Samsung C&T

Market Cap: ₩22.1t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Goldwind Science&Technology

Market Cap: CN¥35.3b

Provides wind power solutions in China and internationally.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥21.7b

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

IPH

Market Cap: AU$1.3b

Provides intellectual property (IP) services and products.

Baoxiniao Holding

Market Cap: CN¥5.5b

Engages in the research and development, production, and sale of branded men and women clothing products in China.

United Bank for Africa

Market Cap: ₦1.2t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

China National Building Material

Market Cap: HK$26.7b

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

Nido Education

Market Cap: AU$174.4m

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

Huaxin Cement

Market Cap: CN¥22.6b

Manufactures and sells cement in China and internationally.

Indorama Ventures

Market Cap: ฿112.3b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

REC

Market Cap: ₹1.1t

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

Otsuka Holdings

Market Cap: JP¥3.5t

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

Ganyuan Foods

Market Cap: CN¥5.8b

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

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Beijing New Building Materials

Market Cap: CN¥48.0b

Manufactures and sells building materials in China and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥8.1b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

Acrow

Market Cap: AU$316.4m

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

Proya CosmeticsLtd

Market Cap: CN¥36.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Sunshine Insurance Group

Market Cap: HK$37.6b

Provides various insurance products and related services in the People’s Republic of China.

Proya CosmeticsLtd

Market Cap: CN¥36.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Collins Foods

Market Cap: AU$926.6m

Engages in the operation, management, and administration of restaurants in Australia and Europe.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥7.7b

Provides chemical supply chain solutions in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

LX Semicon

Market Cap: ₩951.5b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Vietnam International Commercial Bank

Market Cap: ₫54.2t

Provides banking products and services to organizations and individuals.

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.