Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Grupo Bimbo. de

Market Cap: US$223.5b

Produces, distributes, and sells various bakery products.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.4b

Operates a chain of convenience supermarkets in China.

Gansu Shangfeng CementLtd

Market Cap: CN¥7.5b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Far East Horizon

Market Cap: HK$27.0b

Provides various financial services in Mainland China, Hong Kong, and internationally.

DUG Technology

Market Cap: AU$177.1m

Dug Technology Ltd, 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.

Trajan Group Holdings

Market Cap: AU$106.7m

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.3b

Manufactures and sells steel structures and supporting products in China and internationally.

Ever Sunshine Services Group

Market Cap: HK$3.5b

An investment holding company, provides property management services in the People's Republic of China.

Daido Steel

Market Cap: JP¥208.9b

Manufactures and sells steel products in Japan and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.6b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

ANE (Cayman)

Market Cap: HK$9.5b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Sunshine Insurance Group

Market Cap: HK$37.1b

Provides various insurance products and related services in the People’s Republic of China.

Hu Lane Associate

Market Cap: NT$15.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.8b

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

Keio

Market Cap: JP¥416.8b

Provides rail transportation services in Japan.

Huaxin Cement

Market Cap: CN¥22.7b

Manufactures and sells cement in China and internationally.

HAESUNG DS

Market Cap: ₩402.1b

Manufactures and sells semiconductor components in South Korea and internationally.

Otsuka Holdings

Market Cap: JP¥3.9t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Vieworks

Market Cap: ₩202.5b

Develops, manufactures, and sells imaging systems and solutions.

Binggrae

Market Cap: ₩782.5b

Engages in production and distribution of dairy products in South Korea and internationally.

Indorama Ventures

Market Cap: ฿115.7b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Luxi Chemical Group

Market Cap: CN¥20.5b

Manufactures and sells chemical and fertilizer products.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.2b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Oceania Healthcare

Market Cap: AU$434.5m

Owns and operates retirement villages and care centres in New Zealand.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥22.2b

ShenZhen YUTO Packaging Technology Co., Ltd.

Aeon (M) Bhd

Market Cap: RM 2.0b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Beijing New Building Materials

Market Cap: CN¥47.9b

Manufactures and sells building materials in China and internationally.

Ganyuan Foods

Market Cap: CN¥6.0b

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥29.0b

Provides real estate development services in China.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.8b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.8b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Innocean Worldwide

Market Cap: ₩745.6b

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