As global markets closely watch central bank policies and economic indicators, Asian markets have been experiencing their own shifts, with China’s stock market buoyed by retail investor enthusiasm and Japan’s economy showing signs of stronger growth. In such a landscape, penny stocks—often representing smaller or emerging companies—continue to capture the interest of investors seeking unique opportunities. Despite being an older term, penny stocks remain relevant as they can offer significant potential for returns when backed by solid financials.
Name
Share Price
Market Cap
Financial Health Rating
Food Moments (SET:FM)
THB3.96
THB3.91B
★★★★★☆
JBM (Healthcare) (SEHK:2161)
HK$3.05
HK$2.48B
★★★★★★
Lever Style (SEHK:1346)
HK$1.63
HK$1.01B
★★★★★★
TK Group (Holdings) (SEHK:2283)
HK$2.49
HK$2.07B
★★★★★★
CNMC Goldmine Holdings (Catalist:5TP)
SGD0.925
SGD374.89M
★★★★★☆
T.A.C. Consumer (SET:TACC)
THB4.88
THB2.93B
★★★★★★
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)
SGD3.15
SGD12.4B
★★★★★☆
Livestock Improvement (NZSE:LIC)
NZ$0.95
NZ$135.23M
★★★★★★
Rojana Industrial Park (SET:ROJNA)
THB5.00
THB10.1B
★★★★★☆
Lum Chang Holdings (SGX:L19)
SGD0.425
SGD159.22M
★★★★★★
Click here to see the full list of 977 stocks from our Asian Penny Stocks screener.
Let’s dive into some prime choices out of the screener.
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Xinjiang Xinxin Mining Industry Co., Ltd. operates in the mining, ore processing, smelting, refining, and sale of nickel, copper, and other nonferrous metals with a market cap of HK$3.93 billion.
Operations: Xinjiang Xinxin Mining Industry Co., Ltd. has not reported any specific revenue segments.
Market Cap: HK$3.93B
Xinjiang Xinxin Mining Industry recently reported half-year earnings with revenue of CNY 1.12 billion, a slight increase from the previous year, but net income halved to CNY 71.65 million due to lower nickel prices and higher production costs. The company’s debt is satisfactorily managed with a net debt to equity ratio of 16%, though operating cash flow coverage is weak at 14.4%. Despite stable weekly volatility and an experienced board, earnings have declined over the past five years by 10.5% annually, compounded by recent negative growth of -17.8%, highlighting challenges in sustaining profitability amidst industry fluctuations.
SEHK:3833 Revenue & Expenses Breakdown as at Sep 2025
Simply Wall St Financial Health Rating: ★★★★★☆
Story Continues
Overview: Citychamp Dartong Advanced Materials Co., Ltd. operates in the advanced materials sector and has a market capitalization of CNÂ¥4.43 billion.
Operations: Citychamp Dartong Advanced Materials Co., Ltd. has not reported any specific revenue segments.
Market Cap: CNÂ¥4.43B
Citychamp Dartong Advanced Materials has shown improvement in its financial health, reducing its debt to equity ratio from 89.7% to 48.1% over five years, and maintaining a satisfactory net debt to equity ratio of 37.5%. The company reported revenue growth for the first half of 2025 with sales reaching CNÂ¥4.54 billion, up from CNÂ¥4.32 billion the previous year, and turned a profit with net income of CNÂ¥19.57 million compared to a loss previously. Despite this progress, it remains unprofitable overall with negative return on equity at -8.79%, and dividends are not well covered by earnings at present levels.
SHSE:600067 Financial Position Analysis as at Sep 2025
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Shandong Mining Machinery Group Co., Ltd. operates in the manufacturing and sale of mining machinery and equipment, with a market cap of CNÂ¥7.60 billion.
Operations: The company generates its revenue primarily from Coal Machinery and Equipment (CNÂ¥1.66 billion), followed by Intelligent Bulk Material Conveying Equipment (CNÂ¥289.72 million), Printing Equipment (CNÂ¥206.65 million), and Building Materials Machinery and Equipment (CNÂ¥13.40 million).
Market Cap: CNÂ¥7.6B
Shandong Mining Machinery Group’s recent financial performance highlights a mixed picture. The company reported half-year revenue of CNÂ¥1.05 billion, down from CNÂ¥1.17 billion the previous year, yet net income improved to CNÂ¥98.46 million from CNÂ¥89.42 million, aided by a significant one-off gain of CNÂ¥65.7 million. Earnings growth over the past year outpaced industry averages significantly, though return on equity remains low at 4.1%. The company’s debt is well-managed with more cash than total debt and short-term assets exceeding liabilities, but its increased debt-to-equity ratio warrants attention for potential investors in penny stocks.
SZSE:002526 Debt to Equity History and Analysis as at Sep 2025
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:3833 SHSE:600067 and SZSE:002526.
This article was originally published by Simply Wall St.
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