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.

Ultimate Products

Market Cap: UK£65.2m

Supplies branded household products in the United Kingdom, Germany, Rest of Europe, and internationally.

Exxaro Resources

Market Cap: R35.8b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Collins Foods

Market Cap: AU$874.7m

Engages in the operation, management, and administration of restaurants in Australia and Europe.

Nido Education

Market Cap: AU$156.2m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.9b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Aeon (M) Bhd

Market Cap: RM 1.9b

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

Beijing New Building Materials

Market Cap: CN¥44.9b

Manufactures and sells building materials in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.5b

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.9b

Provides real estate development services in China.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.7b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Seojin SystemLtd

Market Cap: ₩1.1t

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

Proya CosmeticsLtd

Market Cap: CN¥32.7b

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

Sasseur Real Estate Investment Trust

Market Cap: S$794.2m

Invests in a portfolio of real estate and related assets.

Longfor Group Holdings

Market Cap: HK$69.5b

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.

Xiamen C&D

Market Cap: CN¥29.1b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.6b

ShenZhen YUTO Packaging Technology Co., Ltd.

DUG Technology

Market Cap: AU$175.1m

Dug Technology Ltd, a technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Sunshine Insurance Group

Market Cap: HK$39.3b

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

Jinzai Food GroupLtd

Market Cap: CN¥6.0b

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Adaro Minerals Indonesia

Market Cap: Rp41.7t

Engages in metallurgical coal mining business in Indonesia.

Sinopharm Group

Market Cap: HK$57.5b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.8b

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

Hoa Phat Group

Market Cap: ₫171.1t

Produces and sells steel products in Vietnam.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

Summerset Group Holdings

Market Cap: AU$2.7b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.7b

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

China National Building Material

Market Cap: HK$27.2b

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

Baoxiniao Holding

Market Cap: CN¥5.5b

Engages in the research and development, production, and sale of branded men and women clothing products in China.

Shenzhen Transsion Holdings

Market Cap: CN¥89.9b

Manufactures and sells smart devices in Africa and internationally.

AWC Berhad

Market Cap: RM 194.5m

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

REC

Market Cap: ₹1.1t

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