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$577.8b

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

Industrial Bank

Market Cap: CN¥398.5b

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

Acrow

Market Cap: AU$267.9m

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

China Resources Land

Market Cap: HK$217.6b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Anker Innovations

Market Cap: CN¥52.9b

Operates as a smart hardware technology company in China and internationally.

Longfor Group Holdings

Market Cap: HK$63.4b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$1.0b

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

Oceania Healthcare

Market Cap: AU$543.2m

Owns and operates retirement villages and care centres in New Zealand.

China Mengniu Dairy

Market Cap: HK$64.9b

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

Beijing New Building Materials

Market Cap: CN¥44.6b

Manufactures and sells building materials in China and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.9b

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

Fosun International

Market Cap: HK$32.3b

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

GWA Group

Market Cap: AU$553.2m

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

Lucky Harvest

Market Cap: CN¥8.6b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥13.8b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Ganyuan Foods

Market Cap: CN¥4.9b

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

China Railway Group

Market Cap: CN¥134.6b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Grand Pharmaceutical Group

Market Cap: HK$25.3b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

C&D International Investment Group

Market Cap: HK$31.7b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Trajan Group Holdings

Market Cap: AU$69.4m

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.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

GPT Group

Market Cap: AU$8.9b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.6b

Provides chemical supply chain solutions worldwide.

Aurelia Metals

Market Cap: AU$440.1m

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

Aeris Resources

Market Cap: AU$502.8m

Explores, produces, and sells precious metals in Australia.

Adairs

Market Cap: AU$271.3m

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

Monash IVF Group

Market Cap: AU$245.5m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Challenger

Market Cap: AU$5.3b

A publicly owned investment manager.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.6b

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

Guangdong Haid Group

Market Cap: CN¥95.7b

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

Bertrandt

Market Cap: €175.6m

Provides engineering services.

Gamma Communications

Market Cap: UK£806.7m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Prosegur Cash

Market Cap: €881.9m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally.

Arnoldo Mondadori Editore

Market Cap: €505.3m

Engages in publishing of books and magazines in Italy, rest of Europe, and the United States.

American Integrity Insurance Group

Market Cap: €378.5m

Operates as an insurance company in the United States.