Stock Analysis

3 Asian Penny Stocks With Market Caps Over US$90M

As global markets navigate a landscape marked by cautious monetary policies and fluctuating investor sentiment, Asian markets continue to present intriguing opportunities for investors. Penny stocks, often seen as relics of past market eras, still hold potential when backed by robust financials and solid fundamentals. This article will explore several penny stocks in Asia that stand out for their financial strength and growth potential, offering a unique blend of affordability and opportunity in today's market conditions.

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Top 10 Penny Stocks In Asia

NameShare PriceMarket CapRewards & Risks
Food Moments (SET:FM)THB3.90THB3.85B✅ 4 ⚠️ 0 View Analysis >
JBM (Healthcare) (SEHK:2161)HK$2.99HK$2.43B✅ 3 ⚠️ 1 View Analysis >
Lever Style (SEHK:1346)HK$1.52HK$940.15M✅ 4 ⚠️ 1 View Analysis >
TK Group (Holdings) (SEHK:2283)HK$2.55HK$2.12B✅ 4 ⚠️ 1 View Analysis >
CNMC Goldmine Holdings (Catalist:5TP)SGD1.11SGD449.87M✅ 4 ⚠️ 1 View Analysis >
T.A.C. Consumer (SET:TACC)THB4.80THB2.88B✅ 3 ⚠️ 3 View Analysis >
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)SGD3.37SGD13.26B✅ 5 ⚠️ 1 View Analysis >
Ekarat Engineering (SET:AKR)THB0.96THB1.41B✅ 2 ⚠️ 2 View Analysis >
Livestock Improvement (NZSE:LIC)NZ$0.98NZ$139.5M✅ 2 ⚠️ 5 View Analysis >
Rojana Industrial Park (SET:ROJNA)THB4.84THB9.78B✅ 3 ⚠️ 3 View Analysis >

Click here to see the full list of 979 stocks from our Asian Penny Stocks screener.

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

Dida (SEHK:2559)

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

Overview: Dida Inc. is a technology-driven platform offering carpooling marketplace and smart taxi services, with a market cap of HK$4.06 billion.

Operations: Dida Inc. has not reported any specific revenue segments.

Market Cap: HK$4.06B

Dida Inc., with a market cap of HK$4.06 billion, reported half-year sales of CNY 286.35 million, down from CNY 404.13 million the previous year, and net income of CNY 134.3 million compared to CNY 947.88 million last year, indicating challenges in sustaining growth momentum. Despite being debt-free and having short-term assets exceeding liabilities by a significant margin, its return on equity is low at 13.1%. The company experienced high volatility over the past three months and has been impacted by large one-off gains in its financial results, affecting earnings quality perception among investors seeking stability in penny stocks within Asia's dynamic market landscape.

SEHK:2559 Financial Position Analysis as at Oct 2025
SEHK:2559 Financial Position Analysis as at Oct 2025

CASH Financial Services Group (SEHK:510)

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

Overview: CASH Financial Services Group Limited is an investment holding company that operates in the online and traditional brokerage of securities, futures, and options in Hong Kong, with a market cap of HK$400.99 million.

Operations: The company generates revenue primarily from its Financial Services segment, which accounts for HK$42.63 million, and its Investment Management segment, contributing HK$6.90 million.

Market Cap: HK$400.99M

CASH Financial Services Group, with a market cap of HK$400.99 million, reported half-year revenue of HK$22.92 million and a net loss of HK$13.91 million, showing improvement from the previous year's larger loss. The company maintains more cash than its total debt and has sufficient cash runway for over three years, indicating financial stability despite ongoing unprofitability. Recent board changes include the appointment of Ms Luke Wing Sheung Suzanne as an independent non-executive director following Mr Lo Ming Chi Charles's retirement. The development of Quantphemes, an AI-enabled trading platform, positions CASH to potentially capture market share in retail algorithmic trading.

SEHK:510 Debt to Equity History and Analysis as at Oct 2025
SEHK:510 Debt to Equity History and Analysis as at Oct 2025

Addvalue Technologies (SGX:A31)

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

Overview: Addvalue Technologies Ltd is an investment holding company that offers satellite-based communication and digital broadband products and solutions across Europe, the Middle East, Africa, North America, and the Asia Pacific with a market cap of SGD117.39 million.

Operations: The company generates revenue primarily from its Communications Equipment segment, totaling $15.53 million.

Market Cap: SGD117.39M

Addvalue Technologies, with a market cap of SGD117.39 million, has shown significant earnings growth, reporting a net income increase to US$1.95 million for the year ending March 31, 2025. The company secured new orders worth US$2.2 million in its Space Connectivity business and US$1.46 million in its Advanced Digital Radio segment, boosting its order book to US$18.6 million as of recent announcements. Despite these positive developments, the company faces board changes with two directors resigning amid shareholder pressure, potentially impacting governance stability during this period of financial recovery and expansion in the satellite communications industry.

SGX:A31 Financial Position Analysis as at Oct 2025
SGX:A31 Financial Position Analysis as at Oct 2025

Seize The Opportunity

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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