Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Luxi Chemical Group

Market Cap: CN¥20.3b

Manufactures and sells chemical and fertilizer products.

Sunshine Insurance Group

Market Cap: HK$38.8b

Provides various insurance products and related services in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥48.2b

Manufactures and sells building materials in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.8b

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

Acrow

Market Cap: AU$311.0m

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

China Resources Land

Market Cap: HK$189.7b

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

China National Building Material

Market Cap: HK$27.2b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

ANE (Cayman)

Market Cap: HK$9.4b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Trajan Group Holdings

Market Cap: AU$108.2m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Proya CosmeticsLtd

Market Cap: CN¥33.3b

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Adaro Minerals Indonesia

Market Cap: Rp41.7t

Engages in metallurgical coal mining business in Indonesia.

Shenzhen Transsion Holdings

Market Cap: CN¥89.5b

Manufactures and sells smart devices in Africa and internationally.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.2b

ShenZhen YUTO Packaging Technology Co., Ltd.

Xiamen C&D

Market Cap: CN¥29.6b

Engages in the supply chain and real estate development businesses in China and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.8b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Longfor Group Holdings

Market Cap: HK$68.5b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥23.1b

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

Tsingtao Brewery

Market Cap: HK$89.1b

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.4b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

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

Middle East Healthcare

Market Cap: ر.س5.1b

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

Oceania Healthcare

Market Cap: AU$449.0m

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

Noodles

Market Cap: US$40.4m

A restaurant concept company, develops and operates fast-casual restaurants in the United States.

Amneal Pharmaceuticals

Market Cap: €2.4b

A global biopharmaceutical company, develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.

GFT Technologies

Market Cap: €592.5m

Provides digital transformation services.

MINISO Group Holding

Market Cap: €5.7b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Huhtamäki Oyj

Market Cap: €3.3b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Colabor Group

Market Cap: CA$86.7m

Colabor Group Inc., together with its subsidiaries, markets, distributes, and wholesales food and food-related products in Canada.

LKQ

Market Cap: US$10.2b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Crocs

Market Cap: €5.8b

Designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.

Griffon

Market Cap: US$3.3b

Through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.

Huron Consulting Group

Market Cap: US$2.2b

Provides consultancy and managed services in the United States and internationally.