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

Amid improving global market sentiment following a U.S.-Iran ceasefire agreement, Asian markets have shown resilience and potential for growth. The term 'penny stocks' might feel like a relic of past market eras, but the potential they represent is as real as ever. Typically referring to smaller or relatively new companies, these stocks can provide a mix of affordability and growth potential when paired with strong financials.

Top 10 Penny Stocks In Asia

Name	Share Price	Market Cap	Rewards & Risks
Guoquan Food (Shanghai) (SEHK:2517)	HK$4.31	HK$11.33B	✅ 3 ⚠️ 1 View Analysis >
Lever Style (SEHK:1346)	HK$1.47	HK$911.18M	✅ 3 ⚠️ 1 View Analysis >
North East Rubber (SET:NER)	THB4.86	THB8.98B	✅ 5 ⚠️ 2 View Analysis >
Asia Medical and Agricultural Laboratory and Research Center (SET:AMARC)	THB3.60	THB1.49B	✅ 3 ⚠️ 3 View Analysis >
PC Partner Group (SGX:PCT)	SGD1.57	SGD608.98M	✅ 4 ⚠️ 2 View Analysis >
CNMC Goldmine Holdings (Catalist:5TP)	SGD1.48	SGD599.83M	✅ 4 ⚠️ 2 View Analysis >
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)	SGD4.00	SGD15.74B	✅ 4 ⚠️ 2 View Analysis >
TeleChoice International (SGX:T41)	SGD0.22	SGD99.96M	✅ 4 ⚠️ 2 View Analysis >
Bosideng International Holdings (SEHK:3998)	HK$4.04	HK$46.96B	✅ 4 ⚠️ 2 View Analysis >
Scott Technology (NZSE:SCT)	NZ$2.50	NZ$210.24M	✅ 4 ⚠️ 0 View Analysis >

Click here to see the full list of 934 stocks from our Asian Penny Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

AuGroup (SHENZHEN) Cross-Border Business (SEHK:2519)

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

Overview: AuGroup (SHENZHEN) Cross-Border Business Co., Ltd. operates in the cross-border trade sector with a market capitalization of approximately HK$1.91 billion.

Operations: The company has not reported any specific revenue segments.

Market Cap: HK$1.91B

AuGroup (SHENZHEN) Cross-Border Business Co., Ltd. is experiencing financial challenges, with net income declining to CN¥161.14 million from CN¥504.3 million year-over-year, despite sales growth from CN¥10.71 billion to CN¥13.70 billion. The company's profit margins have decreased to 1.2%, and earnings per share dropped significantly compared to the previous year due to increased costs driven by tariff policy adjustments and high investment in strategic projects. While debt levels are satisfactory with a net debt-to-equity ratio of 2.2%, interest coverage remains weak at 1.7x EBIT, highlighting potential financial strain amidst ongoing operational expansions and cost pressures.

• Jump into the full analysis health report here for a deeper understanding of AuGroup (SHENZHEN) Cross-Border Business.
• Assess AuGroup (SHENZHEN) Cross-Border Business' previous results with our detailed historical performance reports.

Asia Tele-Net and Technology (SEHK:679)

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

Overview: Asia Tele-Net and Technology Corporation Limited, with a market cap of HK$833.21 million, operates in the electroplating business as an investment holding company.

Operations: The company generates revenue from three main segments: Electroplating Equipment (HK$445.86 million), Treasury Management (HK$28.54 million), and Property Investment (HK$14.45 million).

Market Cap: HK$833.21M

Asia Tele-Net and Technology Corporation Limited, with a market cap of HK$833.21 million, reported revenue growth to HK$488.85 million for 2025, though it remains unprofitable with a net loss of HK$13.41 million. The company's short-term assets comfortably cover both its short-term and long-term liabilities, reflecting prudent financial management despite increased debt-to-equity ratio over five years. It declared a final dividend of HKD 0.02 per share for 2025 amidst volatile share price movements and improved cash flow coverage of debt at 55%. The board's extensive experience adds stability in navigating ongoing challenges in profitability and market volatility.

• Navigate through the intricacies of Asia Tele-Net and Technology with our comprehensive balance sheet health report here.
• Understand Asia Tele-Net and Technology's track record by examining our performance history report.

Ling Yui Holdings (SEHK:784)

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

Overview: Ling Yui Holdings Limited is an investment holding company that provides foundation engineering services in Hong Kong, with a market cap of HK$728 million.

Operations: The company generates revenue of HK$185.32 million from its foundation engineering services in Hong Kong.

Market Cap: HK$728M

Ling Yui Holdings, with a market cap of HK$728 million, is undergoing significant changes following the acquisition of a 70.02% stake by HaploX Investment Holding Limited for approximately HK$130 million. Despite being unprofitable with declining earnings over the past five years, Ling Yui has maintained a satisfactory net debt to equity ratio of 16.5% and possesses sufficient cash runway for over three years due to positive free cash flow growth. The company's seasoned management team and board are navigating this transition as HaploX seeks full ownership, proposing further acquisition of the remaining 29.98% stake by April 19, 2026.

• Click here and access our complete financial health analysis report to understand the dynamics of Ling Yui Holdings.
• Learn about Ling Yui Holdings' historical performance here.

Make It Happen

• Reveal the 934 hidden gems among our Asian Penny Stocks screener with a single click here.
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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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