In this article, we present a new method to estimate the asymptotic stability regions for a class of nonlinear systems via composite homogeneous polynomial Lyapunov functions, where these nonlinear systems are approximated as a convex hull of some linear systems. Since level set of the composite homogeneous polynomial Lyapunov functions is a union set of several homogeneous polynomial functions, the composite homogeneous polynomial Lyapunov functions are nonconservative compared with quadratic or homogeneous polynomial Lyapunov functions. Numerical examples are used to illustrate the effectiveness of our method.