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.

Beijing New Building Materials

Market Cap: CN¥43.2b

Manufactures and sells building materials in China and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥28.3b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

WemadeLtd

Market Cap: ₩946.6b

Develops and publishes games in South Korea and internationally.

KH Neochem

Market Cap: JP¥99.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.7b

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.

Hyosung TNC

Market Cap: ₩940.8b

Manufactures and sells fiber in South Korea and internationally.

Trajan Group Holdings

Market Cap: AU$128.0m

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.

SK

Market Cap: ₩11.3t

Engages in advanced materials, energy, life sciences and biopharmaceuticals, and digital businesses.

Hu Lane Associate

Market Cap: NT$15.8b

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

China Tower

Market Cap: HK$193.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Monash IVF Group

Market Cap: AU$270.8m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

China Overseas Property Holdings

Market Cap: HK$17.0b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.8b

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

Horizon Construction Development

Market Cap: HK$4.1b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Zhejiang Semir Garment

Market Cap: CN¥15.0b

Produces and sells casual apparels in China and internationally.

Tsingtao Brewery

Market Cap: HK$85.5b

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

Bangchak Corporation

Market Cap: ฿42.3b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Miura

Market Cap: JP¥333.6b

Produces and sells boilers in Japan and internationally.

True Corporation

Market Cap: ฿390.4b

Provides telecommunications and value-added services in Thailand.

Proya CosmeticsLtd

Market Cap: CN¥32.7b

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

Gansu Shangfeng CementLtd

Market Cap: CN¥8.1b

Manufactures and sells building materials, and cement and cement clinker products in China.

Vardhman Textiles

Market Cap: ₹117.7b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Assetwise

Market Cap: ฿4.6b

Engages in property development and other real estate activities in Thailand.

LX Semicon

Market Cap: ₩858.8b

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

Acrow

Market Cap: AU$315.7m

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

Sinoma International EngineeringLtd

Market Cap: CN¥23.5b

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

China Resources Land

Market Cap: HK$223.3b

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

China Railway Group

Market Cap: CN¥128.6b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.3b

Beijing Urban Construction Investment & Development Co., Ltd.

BOE Varitronix

Market Cap: HK$4.5b

An investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, Korea, Japan, and internationally.

Innocean Worldwide

Market Cap: ₩732.0b

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

Summerset Group Holdings

Market Cap: AU$2.6b

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

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

Binggrae

Market Cap: ₩634.0b

Engages in production and sale of dairy products in South Korea and internationally.