Stock Analysis

3 Asian Penny Stocks With Market Caps Under US$900M

As global markets grapple with mixed performances and economic uncertainties, investors are increasingly turning their attention to smaller-cap opportunities in Asia. Penny stocks, despite their somewhat outdated moniker, continue to attract interest due to their potential for significant growth when backed by strong financials. This article will explore several Asian penny stocks that may offer hidden value and stability through solid balance sheets and long-term potential.

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Top 10 Penny Stocks In Asia

NameShare PriceMarket CapRewards & Risks
JBM (Healthcare) (SEHK:2161)HK$2.89HK$2.35B✅ 3 ⚠️ 1 View Analysis >
Lever Style (SEHK:1346)HK$1.50HK$927.78M✅ 4 ⚠️ 1 View Analysis >
TK Group (Holdings) (SEHK:2283)HK$2.54HK$2.11B✅ 4 ⚠️ 1 View Analysis >
CNMC Goldmine Holdings (Catalist:5TP)SGD1.08SGD437.71M✅ 4 ⚠️ 2 View Analysis >
T.A.C. Consumer (SET:TACC)THB4.90THB2.94B✅ 3 ⚠️ 3 View Analysis >
Atlantic Navigation Holdings (Singapore) (Catalist:5UL)SGD0.101SGD52.87M✅ 2 ⚠️ 4 View Analysis >
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)SGD3.42SGD13.46B✅ 5 ⚠️ 1 View Analysis >
Anton Oilfield Services Group (SEHK:3337)HK$0.99HK$2.65B✅ 3 ⚠️ 2 View Analysis >
Livestock Improvement (NZSE:LIC)NZ$1.04NZ$148.04M✅ 2 ⚠️ 5 View Analysis >
Scott Technology (NZSE:SCT)NZ$2.86NZ$237.89M✅ 3 ⚠️ 2 View Analysis >

Click here to see the full list of 934 stocks from our Asian Penny Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Tian An China Investments (SEHK:28)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Tian An China Investments Company Limited is an investment holding company that focuses on investing in, developing, and managing properties across the People's Republic of China, Hong Kong, and the United Kingdom with a market capitalization of approximately HK$6.74 billion.

Operations: The company's revenue is primarily derived from Property Development at HK$7.61 billion, followed by Healthcare at HK$1.54 billion, Property Investment at HK$573.86 million, and Other Operations at HK$414.87 million.

Market Cap: HK$6.74B

Tian An China Investments has demonstrated significant earnings growth, with a remarkable increase of 186.8% over the past year, outpacing the broader Real Estate industry. The company's financial health is robust, with short-term assets exceeding both short and long-term liabilities and more cash than total debt. Its interest payments are well-covered by EBIT, indicating strong debt management. Recent earnings results show substantial revenue growth to HK$8.67 billion for the first half of 2025, reflecting improved profitability despite lower net profit margins compared to last year. The experienced management team supports its strategic operations across key markets.

SEHK:28 Debt to Equity History and Analysis as at Nov 2025
SEHK:28 Debt to Equity History and Analysis as at Nov 2025

Hour Glass (SGX:AGS)

Simply Wall St Financial Health Rating: ★★★★★★

Overview: The Hour Glass Limited is an investment holding company involved in the retailing and distribution of watches, jewelry, and other luxury products across several countries including Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam with a market cap of SGD1.41 billion.

Operations: No specific revenue segments are reported for Hour Glass Limited.

Market Cap: SGD1.41B

Hour Glass Limited, with a market cap of SGD1.41 billion, shows solid financial health in the penny stock space. The company has more cash than total debt and its short-term assets cover both short and long-term liabilities, indicating strong liquidity. Despite earnings growth slowing to 6.5% over the past year from an average of 8.4% over five years, profit margins remain stable at 12.1%. The management team is seasoned with an average tenure of 5.1 years, supporting strategic operations across multiple countries in Asia-Pacific markets where it distributes luxury products like watches and jewelry.

SGX:AGS Financial Position Analysis as at Nov 2025
SGX:AGS Financial Position Analysis as at Nov 2025

Jiangsu Yinhe ElectronicsLtd (SZSE:002519)

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Jiangsu Yinhe Electronics Co., Ltd. manufactures and sells computer, communication, and other electronic equipment both in China and internationally, with a market cap of CN¥5.56 billion.

Operations: Jiangsu Yinhe Electronics Co., Ltd. has not reported any specific revenue segments, but it operates in the computer, communication, and electronic equipment sectors both domestically and abroad.

Market Cap: CN¥5.56B

Jiangsu Yinhe Electronics Co., Ltd., with a market cap of CN¥5.56 billion, operates in the electronics sector and is currently unprofitable, reporting a net loss of CN¥40.16 million for the first nine months of 2025. The company has seen its revenue decline significantly to CN¥332.42 million from CN¥813.08 million year-on-year, reflecting challenges in maintaining sales momentum. Despite these setbacks, Jiangsu Yinhe remains debt-free and its short-term assets (CN¥2.5 billion) comfortably exceed both short-term and long-term liabilities, suggesting reasonable liquidity management amidst ongoing financial pressures.

SZSE:002519 Debt to Equity History and Analysis as at Nov 2025
SZSE:002519 Debt to Equity History and Analysis as at Nov 2025

Where To Now?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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