Asian Penny Stocks To Watch With Market Caps Over US$100M

As global markets continue to navigate a complex landscape, Asian indices have shown resilience with notable performances in regions like Japan and China. Amid these broader market movements, penny stocks—often representing smaller or newer companies—remain a compelling area of interest for investors seeking growth opportunities at lower price points. Despite their vintage name, penny stocks can still offer surprising value when backed by strong financials and solid fundamentals, making them worthy of attention for those looking to uncover hidden gems in the market.

Top 10 Penny Stocks In Asia

Name Share Price Market Cap Financial Health Rating Food Moments (SET:FM) THB4.36 THB4.31B ★★★★★☆ JBM (Healthcare) (SEHK:2161) HK$2.87 HK$2.34B ★★★★★★ Lever Style (SEHK:1346) HK$1.49 HK$921.6M ★★★★★★ TK Group (Holdings) (SEHK:2283) HK$2.52 HK$2.1B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.55 SGD222.91M ★★★★★☆ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.89 SGD11.37B ★★★★★☆ Ekarat Engineering (SET:AKR) THB0.95 THB1.4B ★★★★★★ Livestock Improvement (NZSE:LIC) NZ$0.95 NZ$135.23M ★★★★★★ Rojana Industrial Park (SET:ROJNA) THB4.88 THB9.86B ★★★★★★ BRC Asia (SGX:BEC) SGD3.57 SGD979.43M ★★★★★★

Click here to see the full list of 974 stocks from our Asian Penny Stocks screener.

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

Sunshine Insurance Group

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

Overview: Sunshine Insurance Group Company Limited offers a range of insurance products and related services in the People's Republic of China, with a market capitalization of approximately HK$44.97 billion.

Operations: The company's revenue segments include Life Insurance generating CN¥25.03 billion, Property and Casualty Insurance through Sunshine P&C contributing CN¥50.22 billion, and Property and Casualty Insurance via Sunshine Surety adding CN¥52 million.

Market Cap: HK$44.97B

Sunshine Insurance Group, with a market capitalization of approximately HK$44.97 billion, demonstrates financial stability through its diverse revenue streams in life and property insurance. Despite having short-term assets of CN¥160.7 billion that do not cover long-term liabilities of CN¥490.1 billion, the company maintains strong cash flow coverage for its debt and interest payments. Recent board changes aim to strengthen governance with experienced directors joining the team. The approved dividend increase reflects confidence in future profitability, while earnings growth forecasts suggest moderate expansion potential amidst industry challenges. Shareholders have not faced dilution recently, supporting investor sentiment positively.

Story Continues

Jump into the full analysis health report here for a deeper understanding of Sunshine Insurance Group. Learn about Sunshine Insurance Group's future growth trajectory here.SEHK:6963 Debt to Equity History and Analysis as at Aug 2025

China Brilliant Global

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

Overview: China Brilliant Global Limited is an investment holding company involved in the research and development, design, wholesale, and retail of gold and jewelry in Hong Kong and the People's Republic of China, with a market cap of HK$581.44 million.

Operations: The company's revenue is primarily generated from its Gold and Jewellery Business at HK$60.97 million, followed by the Trading Business at HK$25.29 million, Property Management Services Business at HK$20.35 million, and Lending Business at HK$0.77 million.

Market Cap: HK$581.44M

China Brilliant Global Limited, with a market cap of HK$581.44 million, has transitioned to profitability, reporting net income of HK$10.07 million for the year ended March 31, 2025. This turnaround is supported by strong performance in its property management business and reversal of previous impairment losses. The company's financial position is robust, with more cash than total debt and short-term assets exceeding liabilities by a significant margin. Despite high share price volatility and low return on equity at 3.1%, stable earnings quality and experienced management provide potential stability for investors seeking opportunities in penny stocks.

Unlock comprehensive insights into our analysis of China Brilliant Global stock in this financial health report. Gain insights into China Brilliant Global's historical outcomes by reviewing our past performance report.SEHK:8026 Revenue & Expenses Breakdown as at Aug 2025

International Cement Group

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

Overview: International Cement Group Ltd. operates in the production, sale, and distribution of cement and gypsum plasterboards across several countries including Singapore, Malaysia, Afghanistan, Tajikistan, and Kazakhstan with a market cap of SGD183.51 million.

Operations: No specific revenue segments are reported for International Cement Group Ltd., which is involved in producing and distributing cement and gypsum plasterboards across various countries.

Market Cap: SGD183.51M

International Cement Group Ltd. has shown significant improvement in its financial performance, with earnings growing by 153.5% over the past year, surpassing industry averages. The company's recent half-year results reveal sales of SGD165.12 million and net income of SGD14.88 million, marking a substantial increase from the previous year. Its debt is well-covered by operating cash flow at 196.6%, and short-term assets exceed short-term liabilities, although they fall short in covering long-term liabilities of SGD225.3 million. Despite increased volatility and low return on equity at 7%, experienced management offers some stability amidst these challenges for penny stock investors.

Click here and access our complete financial health analysis report to understand the dynamics of International Cement Group. Examine International Cement Group's past performance report to understand how it has performed in prior years.SGX:KUO Debt to Equity History and Analysis as at Aug 2025

Taking Advantage

Explore the 974 names from our Asian Penny Stocks screener here. Looking For Alternative Opportunities? We've found 19 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free.

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.

Companies discussed in this article include SEHK:6963 SEHK:8026 and SGX:KUO.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

View Comments