Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Sanwa Holdings

Market Cap: JP¥844.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Beijing New Building Materials

Market Cap: CN¥42.7b

Manufactures and sells building materials in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.2b

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.

Shenzhen Transsion Holdings

Market Cap: CN¥77.6b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹173.0b

Produces and sells fertilizers primarily in India.

KH Neochem

Market Cap: JP¥84.9b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.1b

Manufactures and sells power distribution in China and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.0b

Beijing Urban Construction Investment & Development Co., Ltd.

F&F

Market Cap: ₩2.7t

Manufactures and sells sewn wearing apparels in South Korea.

Security Bank

Market Cap: ₱50.9b

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

GWA Group

Market Cap: AU$650.4m

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.

Adairs

Market Cap: AU$321.0m

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

Anker Innovations

Market Cap: CN¥59.6b

Develops and sells mobile charging products.

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥25.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.1b

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

IRB Infrastructure Developers

Market Cap: ₹258.5b

Engages in the infrastructure development business in India.

China Resources Land

Market Cap: HK$211.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

DUG Technology

Market Cap: AU$268.1m

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.

ISOTeam

Market Cap: S$61.1m

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

WemadeLtd

Market Cap: ₩941.5b

Develops and publishes games in South Korea and internationally.

China National Building Material

Market Cap: HK$39.5b

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

NetEase Cloud Music

Market Cap: HK$41.1b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Hoa Phat Group

Market Cap: ₫207.2t

Produces and sells steel products in Vietnam.

Haidilao International Holding

Market Cap: HK$76.1b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Longfor Group Holdings

Market Cap: HK$70.7b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Innocean Worldwide

Market Cap: ₩747.6b

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

Future

Market Cap: JP¥173.7b

Provides IT consulting and services primarily in Japan.