Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Bank Mandiri (Persero)

Market Cap: Rp431.7t

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

IndiQube Spaces

Market Cap: ₹37.7b

Provides workplace solutions and value-added services in India.

Shenzhen YHLO Biotech

Market Cap: CN¥8.1b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Metcash

Market Cap: AU$3.1b

Operates as a wholesale distribution and marketing company in Australia.

C&D International Investment Group

Market Cap: HK$31.8b

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.

GWA Group

Market Cap: AU$527.3m

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

Aluminum Corporation of China

Market Cap: HK$226.0b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Xtep International Holdings

Market Cap: HK$11.9b

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

China Hongqiao Group

Market Cap: HK$351.7b

An investment holding company, manufactures and sells aluminum products.

Genscript Biotech

Market Cap: HK$30.4b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Fosun International

Market Cap: HK$32.8b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp285.3t

Provides information and communications technology, and telecommunications network services worldwide.

Hansen Technologies

Market Cap: AU$1.0b

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

Indofood Sukses Makmur

Market Cap: Rp61.2t

Operates as a food solutions company in Indonesia, rest of Asia, Africa, and internationally.

Beijing New Building Materials

Market Cap: CN¥42.4b

Manufactures and sells building materials in China.

LHN

Market Cap: S$265.7m

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

ISOTeam

Market Cap: S$66.9m

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

Acrow

Market Cap: AU$305.3m

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

Aeris Resources

Market Cap: AU$431.0m

Explores, produces, and sells precious metals in Australia.

Duc Giang Chemicals Group

Market Cap: ₫20.3t

Manufactures industrial products in Vietnam.

Trajan Group Holdings

Market Cap: AU$63.3m

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

NSL Foods

Market Cap: ฿6.5b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.6b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp14.7t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Guangdong Haid Group

Market Cap: CN¥77.6b

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

Morimatsu International Holdings

Market Cap: HK$8.1b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Sansiri

Market Cap: ฿24.5b

Engages in the property development business in Thailand.

Anhui Conch Cement

Market Cap: CN¥108.9b

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

Stanmore Resources

Market Cap: AU$1.9b

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

Xiamen C&D

Market Cap: CN¥25.9b

Engages in the supply chain and real estate development businesses in China and internationally.

Ingenia Communities Group

Market Cap: AU$1.7b

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

Sinoma International EngineeringLtd

Market Cap: CN¥26.6b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Industrial Bank

Market Cap: CN¥385.2b

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

Aurelia Metals

Market Cap: AU$448.8m

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

KMD Brands

Market Cap: AU$88.3m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.