Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase

Market Cap: US$580.7b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Enel Américas

Market Cap: Col$8.0t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp294.2t

Provides information and communications technology, and telecommunications network services worldwide.

LHN

Market Cap: S$243.6m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Abu Dhabi Ports Company PJSC

Market Cap: د.إ20.1b

Operates in the ports, economic cities and free zones, logistics, maritime, and digital businesses in the United Arab Emirates, rest of the Middle East, Europe, the United States, Asia, and Africa.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

F&F

Market Cap: ₩2.4t

Manufactures and sells apparel and accessories in South Korea.

Miura

Market Cap: JP¥356.7b

Produces and sells boilers in Japan and internationally.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

Hansen Technologies

Market Cap: AU$1.0b

Engages in the development, integration, and support of billing and customer information systems.

Konica Minolta

Market Cap: JP¥251.1b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.9b

Provides chemical supply chain solutions worldwide.

C&D International Investment Group

Market Cap: HK$31.8b

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.

Aeris Resources

Market Cap: AU$532.7m

Explores, produces, and sells precious metals in Australia.

Ansell

Market Cap: AU$4.2b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.1b

An investment holding company, provides tea drink products 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.

MCNEX

Market Cap: ₩389.5b

Manufactures and sells camera modules in South Korea and internationally.

Ping An Bank

Market Cap: CN¥212.1b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Tsingtao Brewery

Market Cap: CN¥73.1b

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

China Aviation Oil (Singapore)

Market Cap: S$1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

China Mengniu Dairy

Market Cap: HK$62.5b

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

SILICON2

Market Cap: ₩2.2t

Engages in the distribution of cosmetics products worldwide.

Summerset Group Holdings

Market Cap: AU$2.5b

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

Nippon Paint Holdings

Market Cap: JP¥2.4t

Engages in the paints and fine chemicals businesses.

Xiamen C&D

Market Cap: CN¥27.4b

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

Anker Innovations

Market Cap: CN¥52.1b

Operates as a smart hardware technology company in China and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱94.1b

Converge Information and Communications Technology Solutions, Inc.

Vietnam International Commercial Bank

Market Cap: ₫57.5t

Provides various banking products and services to organizations and individuals primarily in Vietnam.

Inspur Digital Enterprise Technology

Market Cap: HK$4.2b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Guangdong Haid Group

Market Cap: CN¥93.6b

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

Samsonite Group

Market Cap: HK$22.3b

Engages in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags, and travel accessories in Asia, North America, Europe, and Latin America.

Atturra

Market Cap: AU$206.6m

Provides advisory and information technology solutions in Australia, New Zealand, Singapore, North America, and Hong Kong.