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.

Sangoma Technologies

Market Cap: US$205.9m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

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: ₩907.6b

Develops and publishes games in South Korea and internationally.

Ricegrowers

Market Cap: AU$881.8m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

China Mengniu Dairy

Market Cap: HK$62.6b

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

en

Market Cap: JP¥43.4b

Provides human resources service in Japan and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥31.9b

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Lucky Harvest

Market Cap: CN¥9.2b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.1b

Chongqing Baiya Sanitary Products Co., Ltd.

Geely Automobile Holdings

Market Cap: CN¥181.7b

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

ARN Media

Market Cap: AU$114.3m

Operates as a media and entertainment company in Australia and Hong Kong.

China Tower

Market Cap: HK$196.3b

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

Industrial Bank

Market Cap: CN¥388.3b

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

Nido Education

Market Cap: AU$90.0m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥225.2b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

REC

Market Cap: ₹932.2b

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

Huali Industrial Group

Market Cap: CN¥57.2b

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

Vikram Solar

Market Cap: ₹67.2b

Manufactures and sells solar photovoltaic modules/systems in India 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.

Hu Lane Associate

Market Cap: NT$13.1b

Engages in the manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Acrow

Market Cap: AU$330.3m

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

Sanwa Holdings

Market Cap: JP¥847.8b

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

JVM

Market Cap: ₩308.1b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.6b

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

GWA Group

Market Cap: AU$616.6m

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

Dentsu Group

Market Cap: JP¥717.9b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.4b

Provides chemical supply chain solutions worldwide.

Aeris Resources

Market Cap: AU$622.5m

Explores, produces, and sells precious metals in Australia.

Indofood Sukses Makmur

Market Cap: Rp58.0t

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

Ping An Bank

Market Cap: CN¥211.7b

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

MCNEX

Market Cap: ₩463.0b

Manufactures and sells camera modules in South Korea and internationally.