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$568.3b

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

China Mobile

Market Cap: HK$1.7t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Tsingtao Brewery

Market Cap: CN¥73.9b

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

Hansen Technologies

Market Cap: AU$1.0b

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

Future

Market Cap: JP¥154.5b

Provides IT consulting and services primarily in Japan.

Security Bank

Market Cap: ₱54.6b

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

Aurelia Metals

Market Cap: AU$533.2m

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

Industrial Bank

Market Cap: CN¥387.3b

Provides banking products and services in the People’s Republic of China.

Huali Industrial Group

Market Cap: CN¥57.0b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

JVM

Market Cap: ₩302.9b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Bethel Automotive Safety Systems

Market Cap: CN¥32.1b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.1b

Chongqing Baiya Sanitary Products Co., Ltd.

Horizon Construction Development

Market Cap: HK$3.0b

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

Middle East Healthcare

Market Cap: ر.س3.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

WemadeLtd

Market Cap: ₩897.5b

Develops and publishes games in South Korea and internationally.

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Sanwa Holdings

Market Cap: JP¥861.1b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.7b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Dentsu Group

Market Cap: JP¥725.7b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

GWA Group

Market Cap: AU$634.9m

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

Indegene

Market Cap: ₹118.4b

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

Vikram Solar

Market Cap: ₹63.5b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

REC

Market Cap: ₹932.2b

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

F&F

Market Cap: ₩2.7t

Manufactures and sells apparel and accessories in South Korea.

MCNEX

Market Cap: ₩462.2b

Manufactures and sells camera modules in South Korea and internationally.

Trajan Group Holdings

Market Cap: AU$90.8m

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.

Ping An Bank

Market Cap: CN¥210.7b

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

DUG Technology

Market Cap: AU$265.6m

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.

Guangdong Haid Group

Market Cap: CN¥90.1b

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

Vieworks

Market Cap: ₩224.0b

Develops, manufactures, and sells imaging systems and solutions.

China Tower

Market Cap: HK$196.5b

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

Geely Automobile Holdings

Market Cap: CN¥180.0b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

National Medical Care

Market Cap: ر.س5.6b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Inspur Digital Enterprise Technology

Market Cap: HK$4.6b

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.