Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Beijing New Building Materials

Market Cap: CN¥41.3b

Manufactures and sells building materials in China and internationally.

China Resources Land

Market Cap: HK$198.5b

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

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Anker Innovations

Market Cap: CN¥59.5b

Develops and sells mobile charging products.

China Railway Group

Market Cap: CN¥131.5b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.2b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥25.2b

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

NetEase Cloud Music

Market Cap: HK$46.7b

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.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Guangdong Haid Group

Market Cap: CN¥95.8b

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

IPH

Market Cap: AU$941.3m

Provides intellectual property (IP) services and products.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.4b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

C&D International Investment Group

Market Cap: HK$35.5b

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.

Adairs

Market Cap: AU$351.1m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Acrow

Market Cap: AU$335.5m

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

GWA Group

Market Cap: AU$625.4m

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

China Pacific Insurance (Group)

Market Cap: CN¥325.6b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.2b

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

Shenzhen Transsion Holdings

Market Cap: CN¥77.8b

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

Trajan Group Holdings

Market Cap: AU$109.1m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

MINISO Group Holding

Market Cap: €6.3b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Torex Gold Resources

Market Cap: US$5.8b

Operates as an intermediate gold producer.

ProSiebenSat.1 Media

Market Cap: €1.1b

Operates as a media company in Germany, Austria, Switzerland, the United States, and internationally.

Premier Foods

Market Cap: UK£1.5b

Manufactures, distributes, and sells branded and own label food products in the United Kingdom, other European countries, and internationally.

Lenovo Group

Market Cap: €137.9b

An investment holding company, develops, manufactures, and markets technology products and services.

Oshkosh

Market Cap: US$7.7b

Provides purpose-built vehicles and equipment worldwide.

4imprint Group

Market Cap: UK£912.7m

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

DNO

Market Cap: €14.5b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Sword Group

Market Cap: €334.0m

Provides IT and software solutions.

Piraeus Financial Holdings

Market Cap: €8.2b

Provides banking products and services in Greece and internationally.

EVS Broadcast Equipment

Market Cap: €480.0m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

ConocoPhillips

Market Cap: €107.3b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Kaufman & Broad

Market Cap: €553.1m

Operates as a property developer and builder in France.

Compagnie des Alpes

Market Cap: €1.0b

Engages in the operation of leisure facilities in France and internationally.