As global markets navigate the anticipation of rate cuts and the ongoing AI boom, Asian markets are also capturing investor attention with their unique dynamics. Penny stocks, a term that may seem outdated, continue to represent intriguing opportunities for those seeking growth at more accessible price points. These smaller or newer companies can offer significant potential when backed by strong balance sheets and solid fundamentals, making them an area worth exploring for investors looking to uncover hidden value in the Asian market landscape.
Top 10 Penny Stocks In Asia
| Name | Share Price | Market Cap | Rewards & Risks |
| Food Moments (SET:FM) | THB3.96 | THB3.91B | ✅ 4 ⚠️ 0 View Analysis > |
| JBM (Healthcare) (SEHK:2161) | HK$3.06 | HK$2.49B | ✅ 3 ⚠️ 1 View Analysis > |
| Lever Style (SEHK:1346) | HK$1.64 | HK$1.01B | ✅ 4 ⚠️ 1 View Analysis > |
| TK Group (Holdings) (SEHK:2283) | HK$2.55 | HK$2.12B | ✅ 4 ⚠️ 1 View Analysis > |
| CNMC Goldmine Holdings (Catalist:5TP) | SGD0.97 | SGD393.13M | ✅ 4 ⚠️ 1 View Analysis > |
| T.A.C. Consumer (SET:TACC) | THB4.92 | THB2.95B | ✅ 3 ⚠️ 3 View Analysis > |
| Yangzijiang Shipbuilding (Holdings) (SGX:BS6) | SGD3.19 | SGD12.55B | ✅ 5 ⚠️ 1 View Analysis > |
| Livestock Improvement (NZSE:LIC) | NZ$0.95 | NZ$135.23M | ✅ 2 ⚠️ 5 View Analysis > |
| Rojana Industrial Park (SET:ROJNA) | THB5.00 | THB10.1B | ✅ 3 ⚠️ 3 View Analysis > |
| Lum Chang Holdings (SGX:L19) | SGD0.43 | SGD161.09M | ✅ 2 ⚠️ 2 View Analysis > |
Click here to see the full list of 981 stocks from our Asian Penny Stocks screener.
Let's explore several standout options from the results in the screener.
Shengjing Bank (SEHK:2066)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Shengjing Bank Co., Ltd. and its subsidiaries provide banking products and financial services in Mainland China, with a market cap of HK$13.55 billion.
Operations: Shengjing Bank's revenue is primarily derived from its Corporate Banking segment, which accounts for CN¥4.70 billion, followed by Retail Banking at CN¥893.46 million and Treasury Business contributing CN¥881.37 million.
Market Cap: HK$13.55B
Shengjing Bank's recent earnings report showed a slight increase in net interest income to CN¥3.39 billion, though net income decreased to CN¥493.54 million compared to the previous year. The bank maintains a sufficient allowance for bad loans and primarily relies on low-risk customer deposits for funding, with an appropriate Loans to Deposits ratio of 56%. However, it faces challenges such as a high level of bad loans at 2.7% and negative earnings growth over the past year. A proposed acquisition by Shenyang Shengjing Finance Investment Group Co., Ltd., valued at CN¥6.7 billion, is underway and pending shareholder approval.
- Dive into the specifics of Shengjing Bank here with our thorough balance sheet health report.
- Understand Shengjing Bank's track record by examining our performance history report.
Fenbi (SEHK:2469)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Fenbi Ltd. is an investment holding company that offers non-formal vocational education and training services in the People's Republic of China, with a market cap of HK$6.82 billion.
Operations: The company generates revenue primarily from tutoring services amounting to CN¥2.26 billion and sales of books and others totaling CN¥525.85 million.
Market Cap: HK$6.82B
Fenbi Ltd. recently reported a decline in both revenue and net income for the first half of 2025, with sales at CN¥1.49 billion and net income at CN¥226.65 million, reflecting challenges in the competitive tutoring market in China. Despite negative earnings growth over the past year, Fenbi remains debt-free with short-term assets covering both short- and long-term liabilities comfortably. The company's Return on Equity is low at 12.8%, while profit margins have decreased to 7.1% from last year's 13%. Additionally, insider selling has been significant recently, adding an element of caution for potential investors.
- Get an in-depth perspective on Fenbi's performance by reading our balance sheet health report here.
- Review our growth performance report to gain insights into Fenbi's future.
International Cement Group (SGX:KUO)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: International Cement Group Ltd. operates in the production, sale, and distribution of cement, gypsum plasterboards, and related products across several countries including Singapore, Malaysia, Afghanistan, Tajikistan, and Kazakhstan with a market cap of SGD286.74 million.
Operations: The company's revenue primarily comes from its Cement segment, generating SGD305.11 million, with additional contributions from its Aluminium segment at SGD5.25 million.
Market Cap: SGD286.74M
International Cement Group Ltd. has demonstrated a significant earnings growth of 356.9% over the past year, surpassing the Basic Materials industry average. The company reported half-year sales of SGD165.12 million, up from SGD109.6 million a year ago, with net income rising to SGD14.88 million from SGD0.933 million previously. Despite this growth, its short-term assets fall short of covering long-term liabilities, and share price volatility remains high over recent months. However, interest payments are well covered by EBIT at 20.7 times coverage, and its net debt to equity ratio is satisfactory at 11.6%.
- Jump into the full analysis health report here for a deeper understanding of International Cement Group.
- Explore historical data to track International Cement Group's performance over time in our past results report.
Seize The Opportunity
- Unlock more gems! Our Asian Penny Stocks screener has unearthed 978 more companies for you to explore.Click here to unveil our expertly curated list of 981 Asian Penny Stocks.
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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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