Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

GWA Group

Market Cap: AU$561.0m

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

Qoria

Market Cap: AU$409.4m

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

Guangdong Haid Group

Market Cap: CN¥92.0b

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

Ganyuan Foods

Market Cap: CN¥4.9b

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

Industrial Bank

Market Cap: CN¥401.0b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥13.8b

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

Lucky Harvest

Market Cap: CN¥8.4b

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

Trajan Group Holdings

Market Cap: AU$67.1m

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.

Aeris Resources

Market Cap: AU$520.8m

Explores, produces, and sells precious metals in Australia.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.6b

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

Sinoma International EngineeringLtd

Market Cap: CN¥27.3b

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

Oceania Healthcare

Market Cap: AU$557.7m

Owns and operates retirement villages and care centres in New Zealand.

Fosun International

Market Cap: HK$31.5b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.8b

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

NetEase

Market Cap: US$594.9b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Acrow

Market Cap: AU$274.2m

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

China Resources Land

Market Cap: HK$217.4b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Morimatsu International Holdings

Market Cap: HK$11.1b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

China Mengniu Dairy

Market Cap: HK$64.4b

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¥133.4b

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

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

Grand Pharmaceutical Group

Market Cap: HK$25.0b

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.

Aurelia Metals

Market Cap: AU$448.8m

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.7b

Provides chemical supply chain solutions worldwide.

Anker Innovations

Market Cap: CN¥52.4b

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

Indofood Sukses Makmur

Market Cap: Rp52.5t

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

Monash IVF Group

Market Cap: AU$249.4m

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

Adairs

Market Cap: AU$263.3m

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

Longfor Group Holdings

Market Cap: HK$63.7b

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.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

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.

China Tower

Market Cap: HK$195.6b

Provides telecommunication tower infrastructure services in the People's Republic of China.

C&D International Investment Group

Market Cap: HK$31.3b

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.

Beijing New Building Materials

Market Cap: CN¥45.3b

Manufactures and sells building materials in China and internationally.