As Asia's markets continue to navigate a complex global landscape marked by economic shifts and policy changes, investors are increasingly looking toward diverse opportunities within the region. Penny stocks, often associated with smaller or newer companies, remain an intriguing segment for those seeking affordability coupled with growth potential. Despite being considered a dated term, penny stocks still hold relevance today as they can offer unique investment opportunities when supported by strong financial fundamentals.
Top 10 Penny Stocks In Asia
| Name | Share Price | Market Cap | Rewards & Risks | 
| JBM (Healthcare) (SEHK:2161) | HK$2.94 | HK$2.39B | ✅ 3 ⚠️ 1 View Analysis > | 
| Lever Style (SEHK:1346) | HK$1.51 | HK$933.97M | ✅ 4 ⚠️ 1 View Analysis > | 
| Asia Medical and Agricultural Laboratory and Research Center (SET:AMARC) | THB2.82 | THB1.18B | ✅ 4 ⚠️ 2 View Analysis > | 
| TK Group (Holdings) (SEHK:2283) | HK$2.61 | HK$2.17B | ✅ 4 ⚠️ 1 View Analysis > | 
| CNMC Goldmine Holdings (Catalist:5TP) | SGD1.11 | SGD449.87M | ✅ 4 ⚠️ 2 View Analysis > | 
| T.A.C. Consumer (SET:TACC) | THB4.70 | THB2.82B | ✅ 3 ⚠️ 3 View Analysis > | 
| Atlantic Navigation Holdings (Singapore) (Catalist:5UL) | SGD0.099 | SGD51.83M | ✅ 2 ⚠️ 4 View Analysis > | 
| Yangzijiang Shipbuilding (Holdings) (SGX:BS6) | SGD3.52 | SGD13.85B | ✅ 5 ⚠️ 1 View Analysis > | 
| Anton Oilfield Services Group (SEHK:3337) | HK$1.05 | HK$2.82B | ✅ 4 ⚠️ 1 View Analysis > | 
| Rojana Industrial Park (SET:ROJNA) | THB4.30 | THB8.69B | ✅ 3 ⚠️ 3 View Analysis > | 
Click here to see the full list of 953 stocks from our Asian Penny Stocks screener.
We'll examine a selection from our screener results.
Heartland Group Holdings (NZSE:HGH)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Heartland Group Holdings Limited, with a market cap of NZ$1.02 billion, offers a range of financial services in New Zealand and Australia through its subsidiaries.
Operations: Heartland Group Holdings generates revenue through its various segments, including Motor (NZ$56.31 million), Rural (NZ$30.58 million), Business (NZ$9.01 million), Personal Lending (NZ$4.37 million), Reverse Mortgages (NZ$58.33 million), and the Australian Banking Group contributing NZ$94.80 million in revenue, focusing on financial services across New Zealand and Australia.
Market Cap: NZ$1.02B
Heartland Group Holdings, with a market cap of NZ$1.02 billion, reported a decline in net income to NZ$38.81 million for the year ending June 30, 2025, compared to NZ$74.55 million the previous year. The company's profit margins have decreased from 30.6% to 15.5%, and its earnings growth has been negative at -47.9%. While it trades below estimated fair value and maintains primarily low-risk funding through customer deposits (88%), challenges include high bad loans (2.3%) and an inexperienced management team with an average tenure of one year.
- Take a closer look at Heartland Group Holdings' potential here in our financial health report.
 - Gain insights into Heartland Group Holdings' future direction by reviewing our growth report.
 
Palasino Holdings (SEHK:2536)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Palasino Holdings Limited operates in the gaming and hotel sectors across the Czech Republic, Germany, and Austria, with a market capitalization of approximately HK$1.93 billion.
Operations: The company's revenue is primarily derived from Gaming Operations (HK$408.80 million), with additional contributions from Hotel Operations (HK$88.66 million), Catering Operations (HK$69.98 million), and Leasing Operations (HK$0.71 million).
Market Cap: HK$1.93B
Palasino Holdings, with a market cap of HK$1.93 billion, shows promising aspects for investors interested in penny stocks. Its earnings have grown by 80.2% over the past year, surpassing both its historical average and industry growth rates. The company maintains strong financial health with more cash than total debt and adequate coverage of both short-term and long-term liabilities through its assets. Despite a low return on equity at 2.8%, Palasino has high-quality earnings and stable weekly volatility at 7%. Recent developments include a final dividend payment of HKD 2.90 cents per share and updates to company bylaws, indicating active corporate governance adjustments.
- Jump into the full analysis health report here for a deeper understanding of Palasino Holdings.
 - Gain insights into Palasino Holdings' past trends and performance with our report on the company's historical track record.
 
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$3.02 billion.
Operations: The company's revenue is primarily derived from the provision of carpooling marketplace services (CN¥638.93 million), followed by advertising and other services (CN¥24.95 million), and smart taxi services (CN¥5.55 million).
Market Cap: HK$3.02B
Dida Inc., with a market cap of HK$3.02 billion, presents both opportunities and challenges for penny stock investors. The company is debt-free and has robust short-term assets (CN¥1.9 billion) covering liabilities, but its earnings have declined by 13.6% annually over five years. Recent results show a significant drop in sales to CN¥286.35 million for the half-year ending June 2025, compared to CN¥404.13 million the previous year, with net income also decreasing sharply from CN¥947.88 million to CN¥134.3 million due to large one-off gains impacting past earnings stability and increased share price volatility recently noted at 17%.
- Click to explore a detailed breakdown of our findings in Dida's financial health report.
 - Understand Dida's track record by examining our performance history report.
 
Taking Advantage
- Unlock our comprehensive list of 953 Asian Penny Stocks by clicking here.
 - Curious About Other Options? Explore 28 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
 
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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