Asian Penny Stocks To Watch With Market Caps At Least US$200M

Simply Wall St

As global markets continue to navigate a complex landscape, Asian stocks remain a focal point for investors seeking opportunities in diverse economies. Penny stocks, often overlooked due to their vintage nomenclature, still represent an intriguing segment for those interested in smaller or newer companies. By focusing on financial robustness and growth potential, these stocks can offer unexpected value and stability amidst broader market movements.

Top 10 Penny Stocks In Asia

NameShare PriceMarket CapRewards & Risks
Lever Style (SEHK:1346)HK$1.28HK$807.62M✅ 4 ⚠️ 1 View Analysis >
Ever Sunshine Services Group (SEHK:1995)HK$2.09HK$3.61B✅ 5 ⚠️ 2 View Analysis >
TK Group (Holdings) (SEHK:2283)HK$2.22HK$1.85B✅ 3 ⚠️ 1 View Analysis >
CNMC Goldmine Holdings (Catalist:5TP)SGD0.42SGD170.22M✅ 4 ⚠️ 2 View Analysis >
Goodbaby International Holdings (SEHK:1086)HK$1.11HK$1.85B✅ 4 ⚠️ 1 View Analysis >
T.A.C. Consumer (SET:TACC)THB4.38THB2.63B✅ 3 ⚠️ 3 View Analysis >
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)SGD2.19SGD8.62B✅ 5 ⚠️ 0 View Analysis >
Beng Kuang Marine (SGX:BEZ)SGD0.21SGD42.46M✅ 4 ⚠️ 3 View Analysis >
BRC Asia (SGX:BEC)SGD3.17SGD869.69M✅ 4 ⚠️ 1 View Analysis >
United Energy Group (SEHK:467)HK$0.52HK$13.44B✅ 4 ⚠️ 4 View Analysis >

Click here to see the full list of 991 stocks from our Asian Penny Stocks screener.

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

Inkeverse Group (SEHK:3700)

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

Overview: Inkeverse Group Limited is an investment holding company that operates mobile live streaming platforms in the People’s Republic of China, with a market cap of HK$2.56 billion.

Operations: The company generates revenue primarily from its Live Streaming Business, which amounted to CN¥6.85 billion.

Market Cap: HK$2.56B

Inkeverse Group, with a market cap of HK$2.56 billion, primarily generates revenue from its Live Streaming Business amounting to CN¥6.85 billion. Despite being debt-free and having strong short-term assets (CN¥4 billion) exceeding liabilities, the company faces challenges with negative earnings growth (-53.4%) and reduced profit margins (2.6% from 5.6%). A significant one-off loss of CN¥99.7 million impacted recent financials, highlighting volatility in performance despite stable weekly volatility at 8%. The experienced board and management team offer some stability as the company trades below estimated fair value by 24.2%.

SEHK:3700 Financial Position Analysis as at Jul 2025

Low Keng Huat (Singapore) (SGX:F1E)

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

Overview: Low Keng Huat (Singapore) Limited is an investment holding company involved in property development, hotel operations, and investments across Singapore, Australia, and Malaysia with a market cap of SGD280.75 million.

Operations: The company's revenue is primarily derived from property development at SGD415.78 million, supplemented by hotel operations generating SGD50.08 million and investments, including construction, contributing SGD66.71 million.

Market Cap: SGD280.75M

Low Keng Huat (Singapore) Limited, with a market cap of SGD280.75 million, derives significant revenue from property development (SGD415.78 million), hotel operations (SGD50.08 million), and investments including construction (SGD66.71 million). The company recently became profitable, although earnings have declined by 50.5% annually over the past five years. Short-term assets of SGD409 million comfortably cover both short and long-term liabilities, yet the net debt to equity ratio remains high at 62.1%. Despite stable weekly volatility at 6%, interest coverage is weak at 1.3x EBIT, and dividend payments are not well supported by earnings.

SGX:F1E Financial Position Analysis as at Jul 2025

Xiamen Hexing Packaging Printing (SZSE:002228)

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

Overview: Xiamen Hexing Packaging Printing Co., Ltd. operates in the packaging and printing industry, with a market cap of CN¥4.19 billion.

Operations: The company generates revenue of CN¥11.23 billion from its packaging manufacturing industry segment.

Market Cap: CN¥4.19B

Xiamen Hexing Packaging Printing Co., Ltd. demonstrates a stable financial position with short-term assets of CN¥4.4 billion exceeding both its short and long-term liabilities, reflecting solid liquidity. The company's net debt to equity ratio at 16.6% is satisfactory, and its interest payments are well covered by EBIT at 3.5x coverage, indicating manageable leverage levels. While earnings growth over the past year outpaced the industry average, profitability remains modest with a net profit margin of 1%. Recent activities include a share buyback program worth up to CN¥100 million and a cash dividend increase, suggesting shareholder-friendly initiatives despite fluctuating revenue figures.

SZSE:002228 Debt to Equity History and Analysis as at Jul 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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