3 Asian Penny Stocks With Market Caps Under US$1B

Fri, October 10, 2025 at 1:05 AM EDT 4 min read

Asian markets have been navigating a complex landscape, with Japan’s stock indices showing mixed performance and China’s manufacturing sector displaying signs of contraction. Amid these broader economic shifts, investors are increasingly looking at smaller companies for potential opportunities. While the term “penny stocks” may seem outdated, it still captures the essence of investing in smaller or newer companies that offer affordability and growth potential. In this article, we explore three Asian penny stocks that stand out for their financial strength and potential upside in today’s market conditions.

Name	Share Price	Market Cap	Financial Health Rating
JBM (Healthcare) (SEHK:2161)	HK$3.02	HK$2.46B	★★★★★★
Lever Style (SEHK:1346)	HK$1.47	HK$909.23M	★★★★★★
TK Group (Holdings) (SEHK:2283)	HK$2.65	HK$2.2B	★★★★★★
CNMC Goldmine Holdings (Catalist:5TP)	SGD1.35	SGD547.14M	★★★★★☆
T.A.C. Consumer (SET:TACC)	THB4.82	THB2.89B	★★★★★★
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)	SGD3.44	SGD13.54B	★★★★★☆
Anton Oilfield Services Group (SEHK:3337)	HK$1.11	HK$3.2B	★★★★★★
Ekarat Engineering (SET:AKR)	THB0.95	THB1.4B	★★★★★★
Livestock Improvement (NZSE:LIC)	NZ$0.98	NZ$139.5M	★★★★★★
Rojana Industrial Park (SET:ROJNA)	THB4.82	THB9.74B	★★★★★☆

Click here to see the full list of 955 stocks from our Asian Penny Stocks screener.

Let’s explore several standout options from the results in the screener.

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

Overview: Nickel Asia Corporation operates in the Philippines, focusing on mining and exploring nickel saprolite, limonite ore, limestone, and quarry materials, with a market capitalization of ₱55.72 billion.

Operations: The company’s revenue segments include Mining, with significant contributions from RTN (₱6.62 billion), TMC (₱9.36 billion), CMC (₱2.85 billion), HMC (₱2.65 billion), and DMC (₱1.03 billion); Power, comprising EPI (₱1.08 billion) and NAC (₱193.71 million); and Services, including RTN/TMC/CDTN services generating ₱1.06 billion in revenue.

Market Cap: ₱55.72B

Nickel Asia Corporation has demonstrated a solid financial position, with short-term assets surpassing both short and long-term liabilities. Despite recent earnings growth, the company’s profit margins have declined compared to the previous year. The stock’s volatility remains high relative to other Philippine stocks, which could be a concern for risk-averse investors. Recent developments include establishing a real estate subsidiary and approving additional funding for solar power projects, indicating diversification efforts. Leadership changes were also noted with Mr. Naoki Kawai’s appointment as Director following board resignations, potentially bringing new strategic directions from his extensive industry experience.