Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Bangchak Corporation

Market Cap: ฿50.0b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Cosmax

Market Cap: ₩1.9t

Researches, develops, produces, and manufactures cosmetic and health function food products in Korea and internationally.

Innocean Worldwide

Market Cap: ₩799.2b

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

Hwaseung Enterprise

Market Cap: ₩206.3b

Manufactures and sells shoes.

Lion

Market Cap: JP¥439.5b

Manufactures and sells consumer and industrial products in Japan and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥32.3b

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

Curaleaf Holdings

Market Cap: US$3.0b

Engages in the retail and wholesale of cannabis products in the United States and internationally.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp358.0t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Ricegrowers

Market Cap: AU$876.4m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

Converge Information and Communications Technology Solutions

Market Cap: ₱76.0b

Converge Information and Communications Technology Solutions, Inc.

Acrow

Market Cap: AU$300.7m

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

Japan Petroleum Exploration

Market Cap: JP¥442.8b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

Sudarshan Chemical Industries

Market Cap: ₹69.6b

Manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally.

Universal Store Holdings

Market Cap: AU$491.0m

Engages in the retail operations in the fashion market in Australia.

Anker Innovations

Market Cap: CN¥60.2b

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

Industrial Bank

Market Cap: CN¥393.6b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥6.9b

Chongqing Baiya Sanitary Products Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥72.0b

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

Sinopharm Group

Market Cap: HK$53.7b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Jinzai Food GroupLtd

Market Cap: CN¥4.7b

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

China Everbright Environment Group

Market Cap: HK$30.0b

An investment holding company, provides environmental solutions worldwide.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥174.6b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

NSL Foods

Market Cap: ฿6.5b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

New Hope Dairy

Market Cap: CN¥14.5b

Produces and sells dairy products in China.

Nufarm

Market Cap: AU$1.1b

Develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

Ganyuan Foods

Market Cap: CN¥4.1b

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

China Hongqiao Group

Market Cap: HK$260.4b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

BOC Aviation

Market Cap: HK$50.6b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

LHN

Market Cap: S$257.0m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

China Overseas Property Holdings

Market Cap: HK$12.2b

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

Ingenia Communities Group

Market Cap: AU$1.5b

A leading operator, owner and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia.

Xtep International Holdings

Market Cap: HK$12.3b

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China.

Hansen Technologies

Market Cap: AU$941.0m

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

Daito Trust ConstructionLtd

Market Cap: JP¥954.4b

Designs, constructs, and rents apartments and condominiums in Japan.