Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Beijing New Building Materials

Market Cap: CN¥40.4b

Manufactures and sells building materials in China and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.3b

Beijing Urban Construction Investment & Development Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥95.5b

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

Nido Education

Market Cap: AU$137.8m

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

Hyosung TNC

Market Cap: ₩921.4b

Manufactures and sells fiber in South Korea and internationally.

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Summerset Group Holdings

Market Cap: AU$2.8b

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

Livzon Pharmaceutical Group

Market Cap: CN¥30.7b

Researches, develops, produces, exports, and sells pharmaceutical products, and active pharmaceutical ingredients and intermediates in the People’s Republic of China.

Shenzhen Transsion Holdings

Market Cap: CN¥88.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Jinzai Food GroupLtd

Market Cap: CN¥5.3b

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

Bethel Automotive Safety Systems

Market Cap: CN¥28.5b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Anhui Conch Cement

Market Cap: CN¥122.2b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Railway Group

Market Cap: CN¥134.0b

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

Haidilao International Holding

Market Cap: HK$73.4b

An investment holding company, engages in the restaurant operation and delivery businesses.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.3b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Security Bank

Market Cap: ₱52.4b

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

KH Neochem

Market Cap: JP¥98.0b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Hoa Phat Group

Market Cap: ₫203.4t

Produces and sells steel products in Vietnam.

Sinoma International EngineeringLtd

Market Cap: CN¥25.1b

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

Middle East Healthcare

Market Cap: ر.س4.9b

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

Industrial Bank

Market Cap: CN¥439.3b

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

Cheerwin Group

Market Cap: HK$3.1b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Ganyuan Foods

Market Cap: CN¥5.1b

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

Micro-Star International

Market Cap: NT$91.2b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Adairs

Market Cap: AU$381.3m

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

Innocean Worldwide

Market Cap: ₩703.2b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Emaar Properties PJSC

Market Cap: د.إ124.2b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

REC

Market Cap: ₹987.2b

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

Inspur Digital Enterprise Technology

Market Cap: HK$9.4b

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.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Proya CosmeticsLtd

Market Cap: CN¥30.1b

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