Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

BYD Electronic (International)

Market Cap: US$70.1b

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.

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Far East Horizon

Market Cap: HK$35.0b

Provides various financial services in Mainland China, Hong Kong, and internationally.

SILICON2

Market Cap: ₩2.3t

Engages in the distribution of cosmetics products worldwide.

C&D International Investment Group

Market Cap: HK$32.3b

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.

Aurelia Metals

Market Cap: AU$440.1m

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.6b

Provides chemical supply chain solutions worldwide.

Security Bank

Market Cap: ₱50.3b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

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.

Monash IVF Group

Market Cap: AU$249.4m

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

Adairs

Market Cap: AU$271.3m

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

Aeris Resources

Market Cap: AU$490.8m

Explores, produces, and sells precious metals in Australia.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.5b

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

Guangdong Haid Group

Market Cap: CN¥92.5b

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

Fosun International

Market Cap: HK$31.7b

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

Fauji Cement

Market Cap: PK₨90.4b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Beijing New Building Materials

Market Cap: CN¥45.2b

Manufactures and sells building materials in China and internationally.

Delta Air Lines

Market Cap: €39.5b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

NetEase

Market Cap: US$592.1b

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

Indofood Sukses Makmur

Market Cap: Rp52.5t

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥36.9b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

NSL Foods

Market Cap: ฿6.8b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.6b

Provides chemical supply chain solutions worldwide.

Hoa Phat Group

Market Cap: ₫206.5t

Produces and sells steel products in Vietnam.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥4.7b

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

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

China Aviation Oil (Singapore)

Market Cap: S$1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Ping An Bank

Market Cap: CN¥214.0b

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

Grand Pharmaceutical Group

Market Cap: HK$25.0b

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.

China Railway Group

Market Cap: CN¥133.7b

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

China Mengniu Dairy

Market Cap: HK$64.5b

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

Tsingtao Brewery

Market Cap: CN¥74.2b

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

Hansen Technologies

Market Cap: AU$1.0b

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