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.

Hikma Pharmaceuticals

Market Cap: €4.1b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

Tsingtao Brewery

Market Cap: €86.8b

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

Renew Holdings

Market Cap: €666.5m

Provides engineering services in the United Kingdom.

Vallourec

Market Cap: €3.8b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

SK

Market Cap: ₩9.9t

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

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.5b

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

WemadeLtd

Market Cap: ₩987.1b

Develops and publishes games in South Korea and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥295.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Beijing New Building Materials

Market Cap: CN¥44.9b

Manufactures and sells building materials in China and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥31.7b

Provides real estate development services in China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥9.1b

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

DIO

Market Cap: ₩229.4b

Manufactures and sells dental implants in South Korea and internationally.

Ningbo Deye Technology Group

Market Cap: CN¥52.9b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.9b

Manufactures and sells power distribution and utilization systems in China and internationally.

Tenaga Nasional Berhad

Market Cap: RM 79.0b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

DFI Retail Group Holdings

Market Cap: US$4.2b

Operates as a retailer in Hong Kong, Mainland China, Macau, Taiwan, Singapore, Cambodia, Malaysia, Indonesia, and Brunei.

REC

Market Cap: ₹989.0b

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

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

Binggrae

Market Cap: ₩611.9b

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

Acrow

Market Cap: AU$324.9m

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

Proya CosmeticsLtd

Market Cap: CN¥34.8b

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

Horizon Construction Development

Market Cap: HK$4.4b

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

Miura

Market Cap: JP¥327.6b

Produces and sells boilers in Japan and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥24.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.

China Mengniu Dairy

Market Cap: HK$63.7b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.8b

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

Regeneron Pharmaceuticals

Market Cap: €61.1b

Regeneron Pharmaceuticals, Inc. discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases worldwide.

Middle East Healthcare

Market Cap: ر.س5.2b

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

Lenovo Group

Market Cap: €133.1b

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

EVS Broadcast Equipment

Market Cap: €467.6m

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

China Mengniu Dairy

Market Cap: €63.7b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.