The 100% Club: Which 57 S'pore Stocks Soared 100% or More in Past 52 Weeks

What a year it has been for Singapore’s small- and mid-cap stocks, especially in the second half of 2025, as interest and liquidity returned. Once-ignored counters suddenly found new life, fuelled by improving fundamentals, corporate actions and a broad re-rating. There were certainly many outliers, as the tables below make clear. Using the Stock Screener on the SGX website, we filtered for stocks that gained at least 100% over the past 52 weeks. The result was striking: a list of 57 names, virtually all small-midcaps, that underscored how powerful a recovery in sentiment has taken hold in the small-midcap space.

### 1. IX Biopharma
IX Biopharma's stock surged due to 30% revenue growth, expanded gross margins, and strategic partnerships for drug monetization. 

Growth was fueled by medicinal cannabis sales in Australia and the successful rollout of the "SL-NAD+" longevity supplement.

A strategic shift toward asset-light US compounding pharmacy channels and a potential Nasdaq dual-listing significantly raise the outlook of iX Biopharma, which is still loss-making.

### 2. CNMC Goldmine
CNMC Goldmine's shares were driven by soaring gold prices amid geopolitical tensions, central bank purchases, and macroeconomic uncertainties.

The company reported 256% earnings growth in H1 2025 on 78% revenue increase, positioning it as SGX's top (and sole) gold miner. 

### 3. Soilbuild Construction
Soilbuild Construction enjoyed a 263% net income surge, driven by revenue expansion and margin improvements as Singapore's construction upcycle took root. 

The company achieved a record S$1+ billion order book after securing a massive S$647.5 million contract for the PSA Supply Chain Hub @ Tuas.

A proposed 4-to-1 stock split will enhance liquidity.

### 4. ASL Marine 
A major turnaround saw net profits soar 291% to S$14.7 million in FY2025.

Key catalysts included successful S$132 million debt refinancing, the resumption of dividends, and expanded yard capacity for high-margin ship repair and engineering projects, signaling renewed financial stability and operational efficiency.

The stock attracted renewed interest in small-caps, and positive analyst ratings like a S$0.30 target highlighted recovery from prior headwinds. 

### 5. Hiap Seng Industries
The stock rebounded as the company returned to profitability, reporting a positive bottom line in 2025 after a period of restructuring.

With Indonesian oil giant Chandra Asri taking a 11.9% stake in Hiap Seng and (small) dividend announcements, the market saw further upside from potential contracts from Chandra Asri. 

### 6. OKP Holdings
Revenue grew 41% in 1H2025, driven by a 57% jump in the construction segment as major projects entered active phases.

Higher gross margins of 39% and robust cash generation from operating activities reinforced its strong position in Singapore’s infrastructure and maintenance market.

### 7. Raffles Education
Raffles Education's rise was in conjunction with debt-to-equity conversions (S$15.53M into shares) which strengthened the balance sheet, reduced costs, and included special dividends. 

Debt is further lowered via the S$121.8 million sale of its Merchant Road property, booking a significant S$53 million gain.

### 8. AJJ Medtech
The rise reflects a strategic pivot toward AI-driven healthcare and robotics, including a partnership to develop humanoid elderly care robots.

Still loss-making with revenue of only $2.3 million in 9M2025, investor interest seemed to be strong in its new business direction.

### 9. Sanli Environmental
Sanli Environmental rose on rebounding margins post-COVID, with 1HFY26 net profit up 84% from contract wins and cost efficiencies.

A record order book of S$781.5 million signals strong multi-year expansion in its water treatment business. 

### 10. Kencana Agri
Kencana Agri turned around from barely breaking even to US$9.8 million net profits in 1HFY25 on higher Crude Palm Oil prices and production volumes.

The stock benefited fromstronger operating cash flow and net debt reduction via US$16.3m of loan repayments, leading to a more robust balance sheet..