Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Industrial Bank

Market Cap: CN¥396.0b

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

ISOTeam

Market Cap: S$63.7m

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

Ganyuan Foods

Market Cap: CN¥4.9b

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

Aeris Resources

Market Cap: AU$592.6m

Explores, produces, and sells precious metals in Australia.

REC

Market Cap: ₹877.0b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.2b

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

Guangdong Haid Group

Market Cap: CN¥91.2b

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

Qoria

Market Cap: AU$436.7m

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

GWA Group

Market Cap: AU$587.0m

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

Lucky Harvest

Market Cap: CN¥9.0b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Global Power Synergy

Market Cap: ฿94.5b

Engages in the production and distribution of electricity, steam, and water for industrial use to the government and industrial customers in Thailand.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.8b

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

Indofood Sukses Makmur

Market Cap: Rp52.9t

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

Grand Pharmaceutical Group

Market Cap: HK$25.1b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

China Mengniu Dairy

Market Cap: HK$62.2b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

China Railway Group

Market Cap: CN¥139.0b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Beijing New Building Materials

Market Cap: CN¥46.3b

Manufactures and sells building materials in China and internationally.

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

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

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

C&D International Investment Group

Market Cap: HK$32.1b

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.

Fosun International

Market Cap: HK$32.9b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Aurelia Metals

Market Cap: AU$507.8m

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

Adairs

Market Cap: AU$287.3m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Monash IVF Group

Market Cap: AU$249.4m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Xiamen C&D

Market Cap: CN¥26.8b

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

Fauji Cement

Market Cap: PK₨101.2b

Engages in the manufacturing and selling of various types of cement in Pakistan.

GPT Group

Market Cap: AU$8.9b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

IndiQube Spaces

Market Cap: ₹33.9b

Provides workplace solutions and value-added services in India.

Trajan Group Holdings

Market Cap: AU$75.5m

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.

Vikram Solar

Market Cap: ₹65.3b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

Longfor Group Holdings

Market Cap: HK$64.9b

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.

Indegene

Market Cap: ₹107.9b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Samsonite Group

Market Cap: HK$23.7b

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.