Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Pepper Money

Market Cap: €809.0m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

NetEase

Market Cap: US$607.9b

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

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Adairs

Market Cap: AU$329.0m

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥232.3b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

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.

China Railway Group

Market Cap: CN¥130.4b

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

Anker Innovations

Market Cap: CN¥55.9b

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

Horizon Construction Development

Market Cap: HK$3.2b

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

IRB Infrastructure Developers

Market Cap: ₹255.2b

Engages in the infrastructure development business in India.

Hoa Phat Group

Market Cap: ₫211.5t

Produces and sells steel products in Vietnam.

Geely Automobile Holdings

Market Cap: CN¥174.9b

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

Inspur Digital Enterprise Technology

Market Cap: HK$5.6b

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.

China Conch Venture Holdings

Market Cap: HK$19.2b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

China Tower

Market Cap: HK$192.1b

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

Indofood Sukses Makmur

Market Cap: Rp61.5t

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

Lucky Harvest

Market Cap: CN¥9.1b

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

REC

Market Cap: ₹1.0t

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

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

F&F

Market Cap: ₩2.8t

Manufactures and sells apparel and accessories in South Korea.

Hansen Technologies

Market Cap: AU$966.0m

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

JVM

Market Cap: ₩293.1b

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

Sanwa Holdings

Market Cap: JP¥774.8b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱104.3b

Converge Information and Communications Technology Solutions, Inc.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.8b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.1b

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

Bethel Automotive Safety Systems

Market Cap: CN¥30.2b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.7b

Chongqing Baiya Sanitary Products Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥90.2b

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

Huaqin Technology

Market Cap: CN¥83.2b

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

Assetwise

Market Cap: ฿5.9b

Engages in property development and other real estate activities in Thailand.

Tsingtao Brewery

Market Cap: CN¥75.7b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.7b

Provides container shipping services in China.

Nido Education

Market Cap: AU$110.3m

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

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.