Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Innocean Worldwide

Market Cap: ₩734.4b

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

Xiamen C&D

Market Cap: CN¥29.4b

Engages in the supply chain and real estate development businesses in China and internationally.

Trajan Group Holdings

Market Cap: AU$112.0m

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.

Ganyuan Foods

Market Cap: CN¥5.9b

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

Beijing New Building Materials

Market Cap: CN¥47.5b

Manufactures and sells building materials in China and internationally.

AWC Berhad

Market Cap: RM 202.9m

An investment holding company, provides integrated facilities management and engineering services.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Coca-Cola Içecek Anonim Sirketi

Market Cap: ₺148.4b

Engages in the production, sales, and distribution of sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East.

Acrow

Market Cap: AU$312.6m

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.2b

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

HAESUNG DS

Market Cap: ₩328.3b

Manufactures and sells semiconductor components in South Korea and internationally.

Tsingtao Brewery

Market Cap: HK$93.5b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Ningbo Deye Technology Group

Market Cap: CN¥53.9b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing solutions worldwide.

REC

Market Cap: ₹1.1t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Indorama Ventures

Market Cap: ฿114.5b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

China National Building Material

Market Cap: HK$26.6b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

WemadeLtd

Market Cap: ₩929.2b

Develops and publishes games in South Korea and internationally.

Sunshine Insurance Group

Market Cap: HK$36.8b

Provides various insurance products and related services in the People’s Republic of China.

Luxi Chemical Group

Market Cap: CN¥20.0b

Manufactures and sells chemical and fertilizer products.

MC Group

Market Cap: ฿7.8b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

China Resources Land

Market Cap: HK$186.8b

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

Mayur Uniquoters

Market Cap: ₹25.3b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Vieworks

Market Cap: ₩192.9b

Develops, manufactures, and sells imaging systems and solutions.

Longfor Group Holdings

Market Cap: HK$67.7b

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.

Adaro Minerals Indonesia

Market Cap: Rp42.1t

Engages in metallurgical coal mining business in Indonesia.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.6b

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.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.7b

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

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

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.

Proya CosmeticsLtd

Market Cap: CN¥34.8b

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

Sasseur Real Estate Investment Trust

Market Cap: S$769.2m

Invests in a portfolio of real estate and related assets.