Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$75.8b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Guangdong Haid Group

Market Cap: CN¥88.7b

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

Middle East Healthcare

Market Cap: ر.س3.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Metcash

Market Cap: AU$3.6b

Operates as a wholesale distribution and marketing company in Australia.

National Medical Care

Market Cap: ر.س6.0b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Sansiri

Market Cap: ฿23.7b

Engages in the property development business in Thailand.

Bethel Automotive Safety Systems

Market Cap: CN¥28.4b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.3b

Beijing Urban Construction Investment & Development Co., Ltd.

Industrial Bank

Market Cap: CN¥432.1b

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

Indofood Sukses Makmur

Market Cap: Rp59.5t

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.5b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Bear Electric ApplianceLtd

Market Cap: CN¥6.6b

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

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.4b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.7b

Engages in the production and sales of coal in China.

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Future

Market Cap: JP¥172.8b

Provides IT consulting and services primarily in Japan.

WemadeLtd

Market Cap: ₩877.2b

Develops and publishes games in South Korea and internationally.

Aeon (M) Bhd

Market Cap: RM 1.5b

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

Hansen Technologies

Market Cap: AU$1.1b

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

ISOTeam

Market Cap: S$58.7m

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.8b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

GWA Group

Market Cap: AU$645.2m

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

Aurelia Metals

Market Cap: AU$406.2m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱108.6b

Converge Information and Communications Technology Solutions, Inc.

China Railway Group

Market Cap: CN¥124.7b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.7b

Manufactures and sells power distribution in China and internationally.

China South Publishing & Media Group

Market Cap: CN¥20.2b

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

DUG Technology

Market Cap: AU$277.6m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Innocean Worldwide

Market Cap: ₩760.4b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Tsingtao Brewery

Market Cap: CN¥74.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Acrow

Market Cap: AU$326.2m

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

Hu Lane Associate

Market Cap: NT$14.9b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

China Overseas Property Holdings

Market Cap: HK$15.3b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.4b

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