Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Gourmet Master

Market Cap: NT$12.6b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.

NetEase

Market Cap: US$540.1b

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

Trajan Group Holdings

Market Cap: AU$61.0m

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.

Far East Horizon

Market Cap: HK$34.2b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.2b

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

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Guangdong Haid Group

Market Cap: CN¥84.2b

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

LHN

Market Cap: S$254.3m

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

ISOTeam

Market Cap: S$62.1m

Operates in the building maintenance and estate upgrading industry in Singapore.

Chongqing Baiya Sanitary Products

Market Cap: CN¥7.6b

Chongqing Baiya Sanitary Products Co., Ltd.

DEXUS

Market Cap: AU$6.3b

A leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $51.5 billion.

Aurelia Metals

Market Cap: AU$457.2m

Engages in the exploration and production of mineral properties in Australia.

Ingenia Communities Group

Market Cap: AU$1.6b

Ingenia Communities Group (ASX: INA) is a leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focussed on the growing seniors’ market in Australia.

Ansell

Market Cap: AU$4.0b

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.

Security Bank

Market Cap: ₱49.6b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Lucky Harvest

Market Cap: CN¥7.8b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Atturra

Market Cap: AU$173.2m

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

Adairs

Market Cap: AU$237.6m

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

Konica Minolta

Market Cap: JP¥268.9b

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

DIO

Market Cap: ₩220.0b

Manufactures and sells dental implants in South Korea and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.1b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

Anhui Conch Cement

Market Cap: CN¥117.4b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥4.6b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.0b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Ventura Offshore Holding

Market Cap: NOK 2.9b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.2b

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

China South Publishing & Media Group

Market Cap: CN¥20.0b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Xtep International Holdings

Market Cap: HK$12.4b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Sansiri

Market Cap: ฿24.5b

Engages in the property development business in Thailand.

REC

Market Cap: ₹848.2b

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

Fosun International

Market Cap: HK$34.9b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Tokai Carbon

Market Cap: JP¥213.1b

Engages in the manufacture and sale of carbon-related products and services in Japan.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Indegene

Market Cap: ₹111.5b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.