Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Viva Energy Group

Market Cap: AU$3.7b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

Ingenia Communities Group

Market Cap: AU$1.7b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Industrial Bank

Market Cap: CN¥393.8b

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

Cosmax

Market Cap: ₩1.9t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Indofood Sukses Makmur

Market Cap: Rp56.4t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Ganyuan Foods

Market Cap: CN¥4.0b

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

Hwaseung Enterprise

Market Cap: ₩225.1b

Manufactures and sells shoes.

Fosun International

Market Cap: HK$32.1b

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

Ansell

Market Cap: AU$4.1b

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.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥31.2b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Bank BTPN Syariah

Market Cap: Rp7.4t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

Sasseur Real Estate Investment Trust

Market Cap: S$841.0m

Invests in a portfolio of real estate and related assets.

AGL Energy

Market Cap: AU$5.8b

Supplies energy and other essential services in Australia.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.3b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

China Everbright Environment Group

Market Cap: HK$30.2b

An investment holding company, provides environmental solutions worldwide.

Baoshan Iron & Steel

Market Cap: CN¥128.7b

Manufactures and sells steel products in China and internationally.

Tingyi (Cayman Islands) Holding

Market Cap: HK$59.5b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

Japan Petroleum Exploration

Market Cap: JP¥424.4b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

New Hope Dairy

Market Cap: CN¥14.3b

Produces and sells dairy products in China.

Far East Horizon

Market Cap: HK$32.3b

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

Rohto PharmaceuticalLtd

Market Cap: JP¥525.1b

Manufactures and markets pharmaceutical products, cosmetics, and functional foods worldwide.

Anhui Conch Cement

Market Cap: CN¥94.8b

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

China Hongqiao Group

Market Cap: HK$264.7b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Oil India

Market Cap: ₹679.6b

Engages in the exploration, development, and production of crude oil and natural gas in India.

Aeris Resources

Market Cap: AU$448.9m

Explores, produces, and sells precious metals in Australia.

Summerset Group Holdings

Market Cap: AU$2.0b

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

GF Securities

Market Cap: CN¥146.0b

Provides capital market services in China.

Aurelia Metals

Market Cap: AU$491.1m

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

Shenzhen Gas

Market Cap: CN¥18.0b

Provides urban gas, natural gas, and LPG energy.

Zhejiang China Commodities City Group

Market Cap: CN¥62.0b

Through its subsidiaries, develops, manages, and operates an online trading platform service in China.

CoCreation Grass

Market Cap: CN¥14.1b

Manufactures and sells artificial grass in China and internationally.

Beijing New Building Materials

Market Cap: CN¥35.9b

Manufactures and sells building materials in China.

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.

Guangdong Haid Group

Market Cap: CN¥74.5b

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