Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

Ningbo Deye Technology Group

Market Cap: CN¥50.7b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Vardhman Textiles

Market Cap: ₹113.9b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

SK

Market Cap: ₩10.1t

Engages in advanced materials, energy, life sciences and biopharmaceuticals, and digital businesses.

Geely Automobile Holdings

Market Cap: CN¥191.1b

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

LX Semicon

Market Cap: ₩920.6b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.9b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Middle East Healthcare

Market Cap: ر.س5.3b

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

ACC

Market Cap: ₹334.8b

Engages in the manufacture and sale of cement and ready-mix concrete in India.

Horizon Construction Development

Market Cap: HK$4.1b

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

Beijing New Building Materials

Market Cap: CN¥44.8b

Manufactures and sells building materials in China and internationally.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥23.0b

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

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥32.4b

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

Summerset Group Holdings

Market Cap: AU$2.6b

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

CLIO CosmeticsLtd

Market Cap: ₩255.9b

Provides makeup products in South Korea and internationally.

Tsingtao Brewery

Market Cap: HK$86.0b

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

WemadeLtd

Market Cap: ₩1.0t

Develops and publishes games in South Korea and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.8b

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

Select Harvests

Market Cap: AU$541.4m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

China Mengniu Dairy

Market Cap: HK$64.8b

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

DUG Technology

Market Cap: AU$177.1m

Dug Technology Ltd, a technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

REC

Market Cap: ₹1.0t

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

Sinoma International EngineeringLtd

Market Cap: CN¥23.9b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.8b

Beijing Urban Construction Investment & Development Co., Ltd.

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

Select Harvests

Market Cap: AU$541.4m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Carlsberg

Market Cap: US$110.2b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥5.7b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Acrow

Market Cap: AU$320.3m

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

Foxsemicon Integrated Technology

Market Cap: NT$32.1b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Hu Lane Associate

Market Cap: NT$16.1b

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

Security Bank

Market Cap: ₱53.9b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.4b

Manufactures and sells power distribution and utilization systems in China and internationally.