Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Tsingtao Brewery

Market Cap: HK$85.7b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥13.7b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

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.

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Bangchak Corporation

Market Cap: ฿45.1b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.6b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Tenaga Nasional Berhad

Market Cap: RM 78.3b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.8b

Manufactures and sells steel structures and supporting products in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.1b

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

Indofood Sukses Makmur

Market Cap: Rp66.7t

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

China Mengniu Dairy

Market Cap: HK$61.8b

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

Beijing New Building Materials

Market Cap: CN¥44.6b

Manufactures and sells building materials in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

China Overseas Property Holdings

Market Cap: HK$17.5b

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

Horizon Construction Development

Market Cap: HK$4.4b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Assetwise

Market Cap: ฿4.8b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$882.1m

Invests in a portfolio of real estate and related assets.

Trajan Group Holdings

Market Cap: AU$142.5m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Middle East Healthcare

Market Cap: ر.س5.3b

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

LX Semicon

Market Cap: ₩878.3b

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.9b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Ningbo Deye Technology Group

Market Cap: CN¥56.1b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Haidilao International Holding

Market Cap: HK$77.3b

An investment holding company, engages in the restaurant operation and delivery businesses.

Monash IVF Group

Market Cap: AU$272.7m

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

Amneal Pharmaceuticals

Market Cap: €2.9b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

Valeura Energy

Market Cap: €861.5m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

CleanSpark

Market Cap: €2.7b

Operates as a bitcoin mining company in the Americas.

ACI Worldwide

Market Cap: US$5.0b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and internationally.

d'Amico International Shipping

Market Cap: €451.7m

Through its subsidiaries, operates as a marine transportation company worldwide.

Plumas Bancorp

Market Cap: US$300.2m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Eiffage

Market Cap: €9.9b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.