Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Assetwise

Market Cap: ฿6.2b

Engages in property development and other real estate activities in Thailand.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Genscript Biotech

Market Cap: HK$28.5b

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.

Guangdong Haid Group

Market Cap: CN¥74.5b

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

Bank Mandiri (Persero)

Market Cap: Rp391.6t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Sinopharm Group

Market Cap: HK$53.1b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Viva Energy Group

Market Cap: AU$3.7b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Chongqing Baiya Sanitary Products

Market Cap: CN¥6.7b

Chongqing Baiya Sanitary Products Co., Ltd.

Ansell

Market Cap: AU$4.1b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

LHN

Market Cap: S$254.8m

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

Chemplast Sanmar

Market Cap: ₹32.1b

Engages in manufacturing and selling of specialty chemicals in India.

Sudarshan Chemical Industries

Market Cap: ₹69.5b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally.

Lion

Market Cap: JP¥462.4b

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

Vietnam International Commercial Bank

Market Cap: ₫55.0t

Provides various banking products and services to organizations and individuals primarily in Vietnam.

Geely Automobile Holdings

Market Cap: CN¥206.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

BOC Aviation

Market Cap: HK$53.5b

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.

C&D International Investment Group

Market Cap: HK$34.7b

An investment holding company, engages in the property development business in the People’s Republic of China.

Acrow

Market Cap: AU$286.6m

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

China Everbright Environment Group

Market Cap: HK$30.2b

An investment holding company, provides environmental solutions worldwide.

New Hope Dairy

Market Cap: CN¥14.3b

Produces and sells dairy products in China.

Baoshan Iron & Steel

Market Cap: CN¥128.7b

Manufactures and sells steel products in China and internationally.

Far East Horizon

Market Cap: HK$32.3b

Provides various financial services in Mainland China, Hong Kong, and internationally.

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.

China Aviation Oil (Singapore)

Market Cap: S$1.6b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.3b

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

Anker Innovations

Market Cap: CN¥61.7b

Operates as a smart hardware technology company in China and internationally.

Indofood Sukses Makmur

Market Cap: Rp56.4t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Hansen Technologies

Market Cap: AU$928.7m

Engages in the development, integration, and support of billing and customer information systems.

Star Petroleum Refining

Market Cap: ฿30.4b

Engages in refinery and petroleum product distribution in Thailand and internationally.

Hwaseung Enterprise

Market Cap: ₩225.1b

Manufactures and sells shoes.

Cosmax

Market Cap: ₩1.9t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

China Hongqiao Group

Market Cap: HK$264.7b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Tsingtao Brewery

Market Cap: CN¥71.3b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Qoria

Market Cap: AU$348.0m

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

First Resources

Market Cap: S$4.4b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, China, Malaysia, and internationally.