Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Regional Management

Market Cap: €356.4m

A diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.5b

Engages in the manufacture of pharmaceutical products in China.

Bear Electric ApplianceLtd

Market Cap: CN¥6.7b

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

Intertek Group

Market Cap: US$7.1b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

FirstSun Capital Bancorp

Market Cap: US$997.5m

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

KBR

Market Cap: US$5.6b

Provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

Vallourec

Market Cap: €3.8b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

BYD Electronic (International)

Market Cap: US$78.4b

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.

Middle East Healthcare

Market Cap: ر.س3.4b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.1b

Engages in the production and sales of coal in China.

Megaworld

Market Cap: ₱66.3b

Engages in the development, sale, and leasing of real estate properties in the Philippines.

Future

Market Cap: JP¥173.7b

Provides IT consulting and services primarily in Japan.

Industrial Bank

Market Cap: CN¥440.2b

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

NetEase Cloud Music

Market Cap: HK$41.1b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Chambal Fertilisers and Chemicals

Market Cap: ₹173.0b

Produces and sells fertilizers primarily in India.

Rithm Capital

Market Cap: US$6.3b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

National Medical Care

Market Cap: ر.س6.4b

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

China Resources Land

Market Cap: HK$211.5b

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

China South Publishing & Media Group

Market Cap: CN¥20.0b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱110.1b

Converge Information and Communications Technology Solutions, Inc.

China Conch Venture Holdings

Market Cap: HK$18.5b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Tsingtao Brewery

Market Cap: CN¥76.1b

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

Longfor Group Holdings

Market Cap: HK$70.7b

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.

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.5b

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.

Huaibei Mining HoldingsLtd

Market Cap: CN¥31.7b

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

Summerset Group Holdings

Market Cap: AU$2.9b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

China Railway Group

Market Cap: CN¥127.8b

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

Hoa Phat Group

Market Cap: ₫207.2t

Produces and sells steel products in Vietnam.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

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

Acrow

Market Cap: AU$326.2m

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

Altea Green Power

Market Cap: €119.8m

Supplies and manages renewable energy plants in Italy and the United States.