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.

Carlsberg

Market Cap: US$110.6b

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

Proya CosmeticsLtd

Market Cap: CN¥32.8b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.4b

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

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.

Horizon Construction Development

Market Cap: HK$4.2b

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

Select Harvests

Market Cap: AU$527.2m

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

ACC

Market Cap: ₹335.4b

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

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.

DUG Technology

Market Cap: AU$175.1m

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.

SK

Market Cap: ₩10.2t

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

KH Neochem

Market Cap: JP¥96.1b

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

REC

Market Cap: ₹1.0t

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

Hyosung TNC

Market Cap: ₩986.1b

Manufactures and sells fiber in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩761.2b

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

Hu Lane Associate

Market Cap: NT$16.3b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.8b

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

Security Bank

Market Cap: ₱53.9b

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

Foxsemicon Integrated Technology

Market Cap: NT$32.2b

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

Select Harvests

Market Cap: AU$527.2m

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

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.9b

Beijing Urban Construction Investment & Development Co., Ltd.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥34.1b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.4b

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

Haidilao International Holding

Market Cap: HK$78.8b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.3b

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

Vardhman Textiles

Market Cap: ₹116.3b

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

Geely Automobile Holdings

Market Cap: CN¥194.6b

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

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

LX Semicon

Market Cap: ₩928.7b

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.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Trajan Group Holdings

Market Cap: AU$140.9m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Converge Information and Communications Technology Solutions

Market Cap: ₱116.8b

Converge Information and Communications Technology Solutions, Inc.