Taiwanese Undervalued based on future growth

TS Financial Holding

Market Cap: NT$471.2b

Provides various financial products and services.

KGI Financial Holding

Market Cap: NT$294.9b

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

Pegatron

Market Cap: NT$193.2b

Designs, develops, manufactures, and sells computer, communication, and consumer electronic products in Europe, the United States, Taiwan, China, Japan, and internationally.

WT Microelectronics

Market Cap: NT$167.7b

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

PharmaEssentia

Market Cap: NT$167.0b

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

TCC Group Holdings

Market Cap: NT$163.8b

Engages in the production and sale of cement and ready-mix concrete in Taiwan and internationally.

MiTAC Holdings

Market Cap: NT$134.0b

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

Cheng Shin Rubber Ind

Market Cap: NT$101.9b

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

Micro-Star International

Market Cap: NT$95.9b

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$82.4b

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

Ta Chen Stainless Pipe

Market Cap: NT$78.4b

Manufactures, processes, and sells stainless steel pipes, plates, and fittings, and venetian blinds in Taiwan, the United States, China, and internationally.

Lotus Pharmaceutical

Market Cap: NT$73.4b

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

Chung-Hsin Electric and Machinery Manufacturing

Market Cap: NT$71.6b

Chung-Hsin Electric and Machinery Manufacturing Corp.

Evergreen Aviation Technologies

Market Cap: NT$54.5b

Provides aircraft maintenance services to airline partners in Taiwan and internationally.

Arcadyan Technology

Market Cap: NT$42.5b

Primarily engages in the research, development, manufacture, and sale of broadband access, multimedia, and wireless infrastructure solutions.

Ennoconn

Market Cap: NT$39.0b

Manufactures and sells data storage, processing equipment, industrial motherboards, and network communication products in Taiwan, China, Europe, and internationally.

ASROCK Incorporation

Market Cap: NT$37.3b

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

Century Iron and Steel IndustrialLtd

Market Cap: NT$37.1b

Century Iron and Steel Industrial Co.,Ltd.

Chicony Power Technology

Market Cap: NT$35.4b

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

Taiwan Surface Mounting Technology

Market Cap: NT$30.1b

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

LuxNet

Market Cap: NT$27.5b

Manufactures, processes, and sells electric and optical communication components in Taiwan.

Chenming Electronic Tech

Market Cap: NT$26.1b

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.

Dynamic Holding

Market Cap: NT$25.8b

Manufactures and sells printed circuit boards (PCBs) and electronic components in China, Mexico, Germany, Malaysia, Korea, and internationally.

Sercomm

Market Cap: NT$24.5b

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

ITH

Market Cap: NT$21.8b

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

Raydium Semiconductor

Market Cap: NT$17.4b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

HD Renewable Energy

Market Cap: NT$17.2b

Engages in the development of solar power generation systems, engineering construction, and maintenances in Taiwan.

Fitipower Integrated Technology

Market Cap: NT$17.1b

Engages in the research, design, development, production, and sale of display screen integrated circuits (ICs) and power management ICs in Taiwan.

Argosy Research

Market Cap: NT$16.6b

Manufactures and sells of electronic components and connectors in Asia, the United States, 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.

Global PMX

Market Cap: NT$15.4b

Manufactures, processes, and sells precision metal components for automotive products, hard disk drives, medical equipment, and various industrial products primarily in the United States, China, Germany, France, Italy, and Japan.

J&V Energy Technology

Market Cap: NT$15.1b

Engages in the development, investment, maintenance, and management of renewable energy plants in Taiwan.

Zyxel Group

Market Cap: NT$14.6b

Offers networking solutions for telco, SME, and digital home in the United States, France, and internationally.

Crowell Development

Market Cap: NT$13.9b

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

Sincere Navigation

Market Cap: NT$13.6b

A shipping transportation company, owns and operates bulk cargo vessels in Taiwan.

RichWave Technology

Market Cap: NT$13.3b

Designs, develops, and sells radio frequency (RF) integrated circuits in Taiwan, China, Korea, and internationally.