Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carlsberg

Market Cap: US$110.4b

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

q.beyond

Market Cap: €87.5m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

C&D International Investment Group

Market Cap: HK$37.3b

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.9b

Beijing Urban Construction Investment & Development Co., Ltd.

Security Bank

Market Cap: ₱51.7b

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

WemadeLtd

Market Cap: ₩961.8b

Develops and publishes games in South Korea and internationally.

Aeon (M) Bhd

Market Cap: RM 1.5b

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

ISOTeam

Market Cap: S$61.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

DUG Technology

Market Cap: AU$280.3m

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.

National Agricultural Development

Market Cap: ر.س5.5b

Engages in the production of agricultural and livestock products in the Kingdom of Saudi Arabia and internationally.

GWA Group

Market Cap: AU$653.1m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Grand Pharmaceutical Group

Market Cap: HK$28.6b

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.

National Medical Care

Market Cap: ر.س6.3b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

China Pacific Insurance (Group)

Market Cap: CN¥324.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Adairs

Market Cap: AU$327.2m

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

GWA Group

Market Cap: AU$653.1m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

Anker Innovations

Market Cap: CN¥57.9b

Develops and sells mobile charging products.

Horizon Construction Development

Market Cap: HK$3.7b

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

Hu Lane Associate

Market Cap: NT$15.6b

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

Guangdong Haid Group

Market Cap: CN¥90.3b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.3b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥46.9b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.3b

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

Huaqin Technology

Market Cap: CN¥90.7b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

China National Building Material

Market Cap: HK$40.5b

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

China Overseas Property Holdings

Market Cap: HK$16.2b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Aurelia Metals

Market Cap: AU$397.8m

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.8b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Middle East Healthcare

Market Cap: ر.س3.5b

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

JVM

Market Cap: ₩306.4b

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

Hoa Phat Group

Market Cap: ₫203.4t

Produces and sells steel products in Vietnam.

Sinoma International EngineeringLtd

Market Cap: CN¥25.4b

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