<div id="readability-page-1"><div><p>As global markets experience varied performances, with the U.S. economy growing at its fastest pace in two years and small-cap indices like the Russell 2000 showing modest gains, attention turns to Asia where economic indicators and market sentiment present unique opportunities for discerning investors. In this environment, identifying small-cap stocks with solid foundations—characterized by strong fundamentals and resilience amidst broader market fluctuations—can be particularly rewarding for those looking to uncover hidden gems in Asia's dynamic landscape.</p><h3>Top 10 Undiscovered Gems With Strong Fundamentals In Asia</h3><table><tbody><tr><th>Name</th><th>Debt To Equity</th><th>Revenue Growth</th><th>Earnings Growth</th><th>Health Rating</th></tr><tr><td>CYMECHS</td><td>NA</td><td>-4.49%</td><td>-14.34%</td><td>★★★★★★</td></tr><tr><td>Cresco</td><td>4.98%</td><td>9.33%</td><td>11.61%</td><td>★★★★★★</td></tr><tr><td>Ohashi Technica</td><td>NA</td><td>6.82%</td><td>-2.11%</td><td>★★★★★★</td></tr><tr><td>Woori Technology Investment</td><td>NA</td><td>8.42%</td><td>-4.10%</td><td>★★★★★★</td></tr><tr><td>AlpenLtd</td><td>8.29%</td><td>4.16%</td><td>-11.59%</td><td>★★★★★★</td></tr><tr><td>ISE Chemicals</td><td>1.29%</td><td>16.36%</td><td>32.61%</td><td>★★★★★★</td></tr><tr><td>Kappa Create</td><td>69.45%</td><td>2.55%</td><td>42.17%</td><td>★★★★★★</td></tr><tr><td>SELVAS Healthcare</td><td>2.07%</td><td>6.47%</td><td>12.02%</td><td>★★★★★★</td></tr><tr><td>ITCENGLOBAL</td><td>63.28%</td><td>18.49%</td><td>32.80%</td><td>★★★★★☆</td></tr><tr><td>Toho Bank</td><td>114.83%</td><td>6.66%</td><td>38.28%</td><td>★★★★☆☆</td></tr></tbody></table><p> Click here to see the full list of 2494 stocks from our Asian Undiscovered Gems With Strong Fundamentals screener.     </p><p>We're going to check out a few of the best picks from our screener tool.</p><h2>Shanghai Re·fine Environment Sci-tech (SZSE:001396)</h2><p><strong>Simply Wall St Value Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Shanghai Re·fine Environment Sci-tech Ltd. focuses on providing environmental technology solutions and has a market cap of CN¥4.61 billion.</p><p><strong>Operations:</strong> Revenue and cost breakdowns for Shanghai Re·fine Environment Sci-tech Ltd. are not provided in the available data, limiting detailed analysis of its financial performance.</p><p>Shanghai Re·fine Environment Sci-tech, a budding player in the environmental tech sector, recently completed an IPO raising CNY 595.81 million, bolstering its market presence with inclusion in key indices like the Shenzhen Stock Exchange A Share Index. The company's earnings have grown by 10% over the past year, outpacing the Construction industry's -7.3%. Its net debt to equity ratio stands at a satisfactory 17%, and interest payments are well covered with EBIT at 24 times coverage. Despite high-quality earnings and positive free cash flow, shares remain highly illiquid.</p><ul><li>Click here to discover the nuances of Shanghai Re·fine Environment Sci-tech with our detailed analytical health report.</li><li>Gain insights into Shanghai Re·fine Environment Sci-tech's past trends and performance with our Past report.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/a4c4ccd0-44a4-4611-a5b8-ae0ae42748fb/chart/debt-equity-history-analysis?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/a4c4ccd0-44a4-4611-a5b8-ae0ae42748fb/chart/debt-equity-history-analysis"/><figcaption>SZSE:001396 Debt to Equity as at Jan 2026</figcaption></figure><h2>Xiamen Yanjan New Material (SZSE:300658)</h2><p><strong>Simply Wall St Value Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> Xiamen Yanjan New Material Co., Ltd. operates in the research, development, production, and sale of surface materials for disposable sanitary products both in China and internationally, with a market cap of CN¥4.86 billion.</p><p><strong>Operations:</strong> The company generates revenue primarily from its textile manufacturing segment, amounting to CN¥1.73 billion.</p><p>Xiamen Yanjan New Material, a promising player in the materials sector, showcased impressive earnings growth of 55.4% over the past year, outpacing the luxury industry's -1.2%. Despite this strong performance, a significant one-off loss of CN¥23.6 million impacted recent financial results. The company carries a high net debt to equity ratio at 54.7%, yet its interest payments are well covered by EBIT at 4.1x coverage, indicating manageable debt servicing capabilities. Recent reports show sales climbing to CN¥1,295 million for nine months ending September 2025 from CN¥1,053 million previously, with net income rising to CN¥42.5 million from CN¥33.22 million last year—an encouraging sign for future prospects amidst volatility concerns in share price movements.</p><ul><li>Navigate through the intricacies of Xiamen Yanjan New Material with our comprehensive health report here.</li><li>Assess Xiamen Yanjan New Material's past performance with our detailed historical performance reports.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2d19c6ba-35c8-4063-a4fc-10ddd9da6b8e/chart/earnings-and-revenue-growth?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2d19c6ba-35c8-4063-a4fc-10ddd9da6b8e/chart/earnings-and-revenue-growth"/><figcaption>SZSE:300658 Earnings and Revenue Growth as at Jan 2026</figcaption></figure><h2>Johnson Fine Chemical (TPEX:7763)</h2><p><strong>Simply Wall St Value Rating:</strong> ★★★★★★</p><p><strong>Overview:</strong> Johnson Fine Chemical Co., Ltd. specializes in producing amine-based and isocyanate-based hardeners/curing agents for various industrial applications, with a market capitalization of NT$7.92 billion.</p><p><strong>Operations:</strong> Johnson Fine Chemical generates revenue primarily from its Domestic Area and Foreign Operating Department, with the latter contributing NT$1.05 billion. The company's cost structure is impacted by departmental eliminations amounting to -NT$764.59 million.</p><p>In the bustling world of chemicals, Johnson Fine Chemical stands out with impressive earnings growth of 86% over the past year, surpassing industry averages. The company is debt-free, which simplifies its financial structure and eliminates interest coverage concerns. Trading at a significant discount of 50% below estimated fair value suggests potential for upward revaluation. With a robust free cash flow reaching US$354.56 million by mid-2025 and consistent profitability, it seems well-positioned in its sector. This small player in Asia's chemical market offers intriguing prospects despite recent share price volatility.</p><ul><li>Click here and access our complete health analysis report to understand the dynamics of Johnson Fine Chemical.</li><li>Explore historical data to track Johnson Fine Chemical's performance over time in our Past section.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/f4338200-4df3-4d62-b2ff-ac4a9d46e25e/chart/debt-equity-history-analysis?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/f4338200-4df3-4d62-b2ff-ac4a9d46e25e/chart/debt-equity-history-analysis"/><figcaption>TPEX:7763 Debt to Equity as at Jan 2026</figcaption></figure><h2>Summing It All Up</h2><ul><li>Discover the full array of 2494 Asian Undiscovered Gems With Strong Fundamentals right here.</li><li>Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.</li><li>Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.</li></ul><h2>Ready To Venture Into Other Investment Styles?</h2><ul><li>Explore high-performing small cap companies that haven't yet garnered significant analyst attention.</li><li>Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.</li><li>Find companies with promising cash flow potential yet trading below their fair value.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

300658

<p>As global markets fluctuate, Asia presents unique investment opportunities in small-cap stocks with strong fundamentals. Notable companies include Shanghai Re·fine Environment Sci-tech, Xiamen Yanjan New Material, and Johnson Fine Chemical, each demonstrating impressive earnings growth and solid financial health. Investors are encouraged to explore these hidden gems, which may offer significant potential for returns amidst broader market volatility. The focus on small-cap stocks in Asia highlights the region's dynamic economic landscape and the potential for discerning investors to uncover valuable opportunities.</p>

Uncovering Asia's Hidden Small Cap Gems with Solid Foundations