Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Guangdong Haid Group

Market Cap: CN¥89.2b

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

Metcash

Market Cap: AU$3.6b

Operates as a wholesale distribution and marketing company in Australia.

National Medical Care

Market Cap: ر.س6.0b

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

Middle East Healthcare

Market Cap: ر.س3.2b

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

BYD Electronic (International)

Market Cap: US$74.1b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Huaqin Technology

Market Cap: CN¥94.7b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Horizon Construction Development

Market Cap: HK$3.7b

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

Sinoma International EngineeringLtd

Market Cap: CN¥25.7b

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

Beijing New Building Materials

Market Cap: CN¥42.3b

Manufactures and sells building materials in China and internationally.

Sansiri

Market Cap: ฿23.9b

Engages in the property development business in Thailand.

Adairs

Market Cap: AU$300.6m

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

Anker Innovations

Market Cap: CN¥59.1b

Develops and sells smart hardware products in Europe, the United States, Japan, and Mainland China.

Chambal Fertilisers and Chemicals

Market Cap: ₹177.0b

Produces and sells fertilizers primarily in India.

Inspur Digital Enterprise Technology

Market Cap: HK$7.9b

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.

Shenzhen Transsion Holdings

Market Cap: CN¥80.0b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Tonghua Dongbao Pharmaceutical

Market Cap: CN¥16.5b

Researches, develops, produces, and markets pharmaceuticals in China.

Shanghai Zhonggu Logistics

Market Cap: CN¥22.0b

Provides container shipping services in China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.5b

An investment holding company, provides tea drink products in the People’s Republic of China.

China Overseas Property Holdings

Market Cap: HK$15.3b

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

Nido Education

Market Cap: AU$122.0m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

REC

Market Cap: ₹879.4b

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

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Aurelia Metals

Market Cap: AU$406.2m

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

ISOTeam

Market Cap: S$58.7m

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

Fosun International

Market Cap: HK$38.0b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.2b

Engages in the production and sales of coal in China.

Bear Electric ApplianceLtd

Market Cap: CN¥6.7b

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

GWA Group

Market Cap: AU$640.0m

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

Hoa Phat Group

Market Cap: ₫202.6t

Produces and sells steel products in Vietnam.

Indofood Sukses Makmur

Market Cap: Rp59.5t

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.4b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Hansen Technologies

Market Cap: AU$1.1b

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

Industrial Bank

Market Cap: CN¥433.4b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.2b

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.

IRB Infrastructure Developers

Market Cap: ₹248.0b

Engages in the infrastructure development business in India.