Taiwanese Undervalued based on future growth

TS Financial Holding

Market Cap: NT$470.0b

Provides various financial products and services.

Wistron

Market Cap: NT$446.8b

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$299.6b

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

TECO Electric & Machinery

Market Cap: NT$210.0b

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$177.7b

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

Chailease Holding

Market Cap: NT$173.7b

An investment holding company, provides leasing and financial services in Taiwan, China, ASEAN countries, and internationally.

WT Microelectronics

Market Cap: NT$165.1b

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

Zhen Ding Technology Holding

Market Cap: NT$147.2b

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

Lotes

Market Cap: NT$136.6b

Designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally.

MiTAC Holdings

Market Cap: NT$135.6b

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

Powertech Technology

Market Cap: NT$118.6b

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.

Cheng Shin Rubber Ind

Market Cap: NT$105.7b

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

Compeq Manufacturing

Market Cap: NT$97.6b

Manufactures and sells printed circuit boards for computers in Taiwan, the United States, rest of Asia, Europe, and internationally.

ASMedia Technology

Market Cap: NT$94.8b

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$89.1b

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

Ta Chen Stainless Pipe

Market Cap: NT$82.8b

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

Highwealth Construction

Market Cap: NT$80.4b

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

Silergy

Market Cap: NT$78.5b

Designs, manufactures, and sales of various integrated circuit products and related technical services in China and internationally.

Lotus Pharmaceutical

Market Cap: NT$77.3b

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$72.1b

Chung-Hsin Electric and Machinery Manufacturing Corp.

Sino-American Silicon Products

Market Cap: NT$63.3b

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

Yulon Finance

Market Cap: NT$54.9b

Provides various financial services in China, Taiwan, and internationally.

Evergreen Aviation Technologies

Market Cap: NT$51.9b

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

Wisdom Marine Lines Limited (Cayman)

Market Cap: NT$46.5b

Provides marine cargo transportation services in Singapore, the Netherlands, Germany, Panama, Switzerland, Denmark, and internationally.

Arcadyan Technology

Market Cap: NT$41.4b

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

Shin Zu Shing

Market Cap: NT$37.2b

Engages in the research, design, development, production, assembly, testing, manufacturing, and trading of various precision springs, stamping parts, hinge components, CNC lathes, and metal injection molding in Taiwan, Singapore, and China.

Chicony Power Technology

Market Cap: NT$36.9b

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

Elite Advanced Laser

Market Cap: NT$36.3b

Provides electronic manufacturing services in Taiwan.

Century Iron and Steel IndustrialLtd

Market Cap: NT$34.1b

Century Iron and Steel Industrial Co.,Ltd.

ASROCK Incorporation

Market Cap: NT$34.0b

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

Foxsemicon Integrated Technology

Market Cap: NT$32.8b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Taiwan Surface Mounting Technology

Market Cap: NT$29.8b

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

Merry Electronics

Market Cap: NT$28.4b

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.

LuxNet

Market Cap: NT$27.7b

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

Chenming Electronic Tech

Market Cap: NT$26.4b

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.

Sercomm

Market Cap: NT$24.1b

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