3 Asian Penny Stocks With Market Caps Under US$400M

Asian markets have been navigating a complex landscape, influenced by global trade dynamics and economic policy shifts. Amidst this backdrop, penny stocks—often representing smaller or newer companies—continue to capture the interest of investors seeking growth opportunities at lower price points. While the term “penny stocks” might seem outdated, these investments can still offer significant potential when backed by strong financials and solid fundamentals.

Name	Share Price	Market Cap	Financial Health Rating
JBM (Healthcare) (SEHK:2161)	HK$2.88	HK$2.34B	★★★★★★
Lever Style (SEHK:1346)	HK$1.49	HK$921.6M	★★★★★★
TK Group (Holdings) (SEHK:2283)	HK$2.48	HK$2.06B	★★★★★★
CNMC Goldmine Holdings (Catalist:5TP)	SGD1.18	SGD478.24M	★★★★★☆
T.A.C. Consumer (SET:TACC)	THB4.66	THB2.8B	★★★★★★
Atlantic Navigation Holdings (Singapore) (Catalist:5UL)	SGD0.094	SGD49.21M	★★★★★★
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)	SGD3.18	SGD12.52B	★★★★★☆
Anton Oilfield Services Group (SEHK:3337)	HK$1.09	HK$3.13B	★★★★★★
Livestock Improvement (NZSE:LIC)	NZ$0.97	NZ$138.07M	★★★★★★
Rojana Industrial Park (SET:ROJNA)	THB4.48	THB9.05B	★★★★★☆

Click here to see the full list of 963 stocks from our Asian Penny Stocks screener.

Let’s review some notable picks from our screened stocks.

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

Overview: Serko Limited offers online travel booking and expense management services across New Zealand, Australia, the United States, Europe, and other international markets, with a market cap of NZ$361.38 million.

Operations: The company’s revenue is derived from the provision of software solutions, totaling NZ$88.48 million.

Market Cap: NZ$361.38M

Serko Limited, with a market cap of NZ$361.38 million, operates in the online travel booking and expense management sector across various international markets. Despite being unprofitable, Serko has reduced its losses over the past five years at 4.4% annually and is forecast to grow earnings by 94.2% per year. The company trades significantly below estimated fair value and maintains a strong cash position with sufficient runway for over three years based on current free cash flow. Serko’s management team and board are experienced, contributing to stability despite the absence of debt and ongoing profitability challenges.

NZSE:SKO Revenue & Expenses Breakdown as at Oct 2025

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

Overview: SIM Technology Group Limited is an investment holding company that designs, develops, manufactures, and sells handsets and Internet of Things (IoT) terminals across China, Hong Kong, other Asian countries, Europe, and the United States with a market cap of HK$696.59 million.