Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Calfrac Well Services

Market Cap: US$293.7m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Austal

Market Cap: US$2.6b

Engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America.

BYD Electronic (International)

Market Cap: US$74.5b

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.

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.

Hu Lane Associate

Market Cap: NT$15.1b

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

Guangdong Haid Group

Market Cap: CN¥88.7b

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

Sansiri

Market Cap: ฿23.4b

Engages in the property development business in Thailand.

Fosun International

Market Cap: HK$37.9b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥44.6b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Security Bank

Market Cap: ₱50.4b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Emaar Properties PJSC

Market Cap: د.إ122.4b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Military Commercial Bank

Market Cap: ₫199.0t

Provides banking products and services.

China Resources Land

Market Cap: HK$195.2b

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

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Raydium Semiconductor

Market Cap: NT$17.1b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

IRB Infrastructure Developers

Market Cap: ₹248.1b

Engages in the infrastructure development business in India.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.1b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

China Construction Bank

Market Cap: HK$2.0t

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.

Sinoma International EngineeringLtd

Market Cap: CN¥27.0b

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

C&D International Investment Group

Market Cap: HK$36.6b

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.

Aurelia Metals

Market Cap: AU$414.7m

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

Innocean Worldwide

Market Cap: ₩756.0b

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

China South Publishing & Media Group

Market Cap: CN¥19.8b

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

Indofood Sukses Makmur

Market Cap: Rp59.3t

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.9b

Provides chemical supply chain solutions worldwide.

Bethel Automotive Safety Systems

Market Cap: CN¥30.1b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

LX Semicon

Market Cap: ₩823.0b

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

Shenzhen Transsion Holdings

Market Cap: CN¥82.2b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

KH Neochem

Market Cap: JP¥87.5b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

WemadeLtd

Market Cap: ₩880.6b

Develops and publishes games in South Korea and internationally.

ISOTeam

Market Cap: S$60.3m

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

GWA Group

Market Cap: AU$640.0m

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

Aurelia Metals

Market Cap: AU$414.7m

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

Srisawad Corporation

Market Cap: ฿43.2b

Provides financial services in Thailand and internationally.

Aeon (M) Bhd

Market Cap: RM 1.5b

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