Taiwanese Undervalued based on future growth

TS Financial Holding

Market Cap: NT$516.0b

Provides various financial products and services.

Wistron

Market Cap: NT$462.7b

Engages in the design, manufacture, and sale of information technology products in the United States, Europe, China, and internationally.

KGI Financial Holding

Market Cap: NT$297.9b

Engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

TECO Electric & Machinery

Market Cap: NT$202.1b

Manufactures, installs, wholesales, and retails electronic and telecommunications equipment, office equipment, and home appliances in Taiwan, the United States, China, and internationally.

PharmaEssentia

Market Cap: NT$181.2b

A biopharmaceutical company engages in treatment for human diseases in Taiwan and internationally.

WT Microelectronics

Market Cap: NT$160.0b

Develops and sells electronic and communication components in the United States, Taiwan, China, and internationally.

Zhen Ding Technology Holding

Market Cap: NT$151.3b

Engages in the design, development, manufacture, and sale of printed circuit boards (PCB) products in the United States, Mainland China, Taiwan, Singapore, and internationally.

Compal Electronics

Market Cap: NT$130.7b

Manufactures and sells notebook personal computers, monitors, LCD TVs, mobile phones, and other components and peripherals in Taiwan, the United States, China, the United Kingdom, Germany, Netherlands, and internationally.

Powertech Technology

Market Cap: NT$121.5b

Researches, designs, develops, assembles, manufactures, packages, tests, and sells various integrated circuit (IC) products in Taiwan, Japan, Singapore, the United States, Europe, China, Hong Kong, Macao, and internationally.

MiTAC Holdings

Market Cap: NT$120.6b

Designs, develops, manufactures, and distributes computers and ancillary equipment, and communication related products in Taiwan, Europe, the United States, and internationally.

WPG Holdings

Market Cap: NT$97.2b

Distributes and sells electronic and electrical components, computer software, and electrical products in Taiwan, Mainland China, and internationally.

Cheng Shin Rubber Ind

Market Cap: NT$96.3b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Shihlin Electric & Engineering

Market Cap: NT$89.3b

Manufactures and sells heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts in Taiwan, Mainland China, Vietnam, and internationally.

ASMedia Technology

Market Cap: NT$86.0b

Engages in the design, development, and sale of high-speed switch, PCIe bridge, and USB controller integrated circuits in the Americas, Mainland China, Southeast Asia, Northeast Asia, and internationally.

Micro-Star International

Market Cap: NT$82.8b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Highwealth Construction

Market Cap: NT$81.2b

Engages in the development, construction, leasing, and sale of residential and commercial buildings in Taiwan.

Chung-Hsin Electric and Machinery Manufacturing

Market Cap: NT$73.9b

Chung-Hsin Electric and Machinery Manufacturing Corp.

Lotus Pharmaceutical

Market Cap: NT$73.2b

Engages in the research and development, manufacture, and sale of generic pharmaceutical products in Taiwan, South Korea, the United States, and internationally.

Sino-American Silicon Products

Market Cap: NT$62.3b

Engages in the research and development, design, manufacturing, and sale of semiconductor silicon materials and related components, varistors, optoelectronics, and communication wafer materials.

Bora Pharmaceuticals

Market Cap: NT$61.2b

Engages in contract development, manufacture, and sale of pharmaceuticals in Europe, the United States, Taiwan, and internationally.

Global Brands Manufacture

Market Cap: NT$58.2b

Engages in printed circuit boards (PCB) production and electronic manufacturing service (EMS) business in Taiwan.

Elite Advanced Laser

Market Cap: NT$38.8b

Provides electronic manufacturing services in Taiwan.

Hotai Finance

Market Cap: NT$38.4b

Provides sales and leasing services for vehicles and equipment in Taiwan and China.

Qisda

Market Cap: NT$38.1b

Manufactures, sells, and services monitors, opto-mechatronics products, and optoelectronics film in Taiwan, the Americas, Mainland China, Japan, and internationally.

Chicony Power Technology

Market Cap: NT$38.0b

Develops, manufactures, and sells switching power supplies, electronic components and LED lighting modules, and smart building solutions in Taiwan.

Century Iron and Steel IndustrialLtd

Market Cap: NT$32.8b

Century Iron and Steel Industrial Co.,Ltd.

ASROCK Incorporation

Market Cap: NT$30.5b

Designs, develops, and sells motherboards in Asia, Europe, America, and internationally.

CTCI

Market Cap: NT$27.9b

Engages, an engineering, procurement, and construction (EPC) services provider in Taiwan, the United States, and internationally.

Taiwan Surface Mounting Technology

Market Cap: NT$27.5b

Engages in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface mount packaging worldwide.

Chenming Electronic Tech

Market Cap: NT$26.5b

An OEM/ODM manufacturer, engages in the research and development, manufacturing, and sale of computer and server cases, server chassis, mobile device components, and molds in Taiwan, China, the United States, and internationally.

Merry Electronics

Market Cap: NT$24.9b

Engages in the manufacture, processing, repair, and sale of electric appliances and audiovisual electric products in the United States, Taiwan, Europe, the Mainland China, and internationally.

Da-Li DevelopmentLtd

Market Cap: NT$24.7b

Engages in the construction business in Taiwan and the United States.

Sercomm

Market Cap: NT$24.1b

Researches, develops, manufactures, and sells networking communication software and equipment in North America, Europe, and the Asia Pacific.

ITH

Market Cap: NT$19.5b

Engages in the provision of panel display and touch technology in Taiwan and internationally.

Alexander Marine

Market Cap: NT$19.4b

Engages in the manufacture and sale of yachts in Taiwan, the United States, and Australia.

Allied Supreme

Market Cap: NT$18.8b

Manufactures and sells fluoropolymer resin in China, America, and Taiwan.