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As global markets grapple with economic uncertainty and inflation concerns, Asian equities have shown resilience amid these challenges. Penny stocks, often seen as a niche investment category, continue to offer intriguing opportunities for growth, especially when backed by strong financial health. In this article, we explore several high-quality penny stocks in Asia that stand out for their potential to deliver impressive returns while maintaining sound balance sheets.
Top 10 Penny Stocks In Asia
Name | Share Price | Market Cap | Financial Health Rating |
Interlink Telecom (SET:ITEL) | THB1.36 | THB1.89B | ★★★★☆☆ |
Chumporn Palm Oil Industry (SET:CPI) | THB2.74 | THB1.73B | ★★★★★★ |
CNMC Goldmine Holdings (Catalist:5TP) | SGD0.385 | SGD156.04M | ★★★★★☆ |
Beng Kuang Marine (SGX:BEZ) | SGD0.20 | SGD39.84M | ★★★★★★ |
Yangzijiang Shipbuilding (Holdings) (SGX:BS6) | SGD2.26 | SGD8.93B | ★★★★★☆ |
YesAsia Holdings (SEHK:2209) | HK$3.11 | HK$1.28B | ★★★★★★ |
Bosideng International Holdings (SEHK:3998) | HK$4.01 | HK$45.93B | ★★★★★★ |
Lever Style (SEHK:1346) | HK$1.29 | HK$813.93M | ★★★★★★ |
Goodbaby International Holdings (SEHK:1086) | HK$1.23 | HK$2.05B | ★★★★★★ |
Xiamen Hexing Packaging Printing (SZSE:002228) | CN¥3.16 | CN¥3.66B | ★★★★★★ |
Click here to see the full list of 1,113 stocks from our Asian Penny Stocks screener.
Here's a peek at a few of the choices from the screener.
CNMC Goldmine Holdings
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: CNMC Goldmine Holdings Limited is an investment holding company focused on the exploration and mining of gold deposits in Malaysia, with a market capitalization of SGD156.04 million.
Operations: The company's revenue is primarily generated from its mining segment, amounting to $65.20 million.
Market Cap: SGD156.04M
CNMC Goldmine Holdings has shown robust financial performance, with earnings growing by 140.3% over the past year, surpassing its five-year average growth of 48.5%. The company reported a net income of US$9.85 million for 2024, up from US$4.1 million in the previous year, driven by increased gold and metal concentrate sales. Its short-term assets exceed both short and long-term liabilities, reflecting sound financial health. Trading significantly below estimated fair value and boasting high-quality earnings alongside a strong return on equity of 22.5%, CNMC presents an intriguing option within the penny stock segment in Asia's mining sector.
UNQ Holdings
Simply Wall St Financial Health Rating: ★★★★★★
Overview: UNQ Holdings Limited is a brand e-commerce service solutions provider in the People's Republic of China with a market cap of HK$0.33 billion.