APWCNasdaqDrawing & Insulating of Nonferrous WireFiscal year ends December 31
ASIA PACIFIC WIRE & CABLE CORP LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026
$1.28+0.01 (+0.79%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 7.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
7.0%−3.8 pts over 5 years
Operating margin
1.3%−1.1 pts over 5 years
Net margin
0.7%+0.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.6% | +4.1% | +9.3% | +2.3% | |
| Gross profit | -1.9% | +1.9% | +0.3% | +3.9% | |
| Operating income | -36.3% | -7.5% | -3.3% | – | |
| Net income | +5.3% | -1.8% | – | – | |
| EPS, diluted | +5.9% | -1.8% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -0.4% | 2.3% | |
| Return on assets | – | -0.2% | 1.0% | |
| Current ratio | 2.79 | 3.16 | 2.34 | |
| Debt to equity | – | 0.09 | 0.25 | |
| Net debt to EBITDA | – | -2.97× | 0.69× | |
| Interest coverage | 6.4× | 10.2× | 3.3× | |
| Inventory turnover | – | 3.1× | 3.3× | |
| Capex to revenue | 1.3% | 4.6% | 0.7% | |
| Diluted shares | 14M | 14M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Asia Pacific Wire & Cable generated $86.32M from operations and spent $28.07M on capital expenditure, dividends and share buybacks. 86% of that went back into the business.
Generated
$86.32M
Used
$28.07M
Capital expenditure$24.10M86%Dividends$3.97M14%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.7%
×Asset turnover1.36×
×Equity multiplier2.22×
=Return on equity, FY20252.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.7% | 1.36× | 2.22× | 2.3% |
| FY2024 | 0.7% | 1.34× | 2.26× | 2.2% |
| FY2023 | 0.9% | 1.15× | 2.39× | 2.5% |
| FY2022 | 0.9% | 1.14× | 2.54× | 2.6% |
| FY2021 | -0.6% | 1.31× | 2.38× | -1.7% |
| FY2020 | -0.2% | 0.98× | 2.04× | -0.4% |
| FY2019 | -0.5% | 1.12× | 1.99× | -1.1% |
| FY2018 | 0.7% | 1.33× | 2.11× | 1.9% |
| FY2017 | 2.1% | 1.35× | 2.17× | 6.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$3.67M
- Cash generatingOperating cash flow above zero-$7.76M
- Return on assets improvedROA up on the prior year1.0% → 1.1%
- Earnings backed by cashOperating cash flow above net income-$7.76M vs $3.67M
- Less leverageLong-term debt to assets fell1.4% → 0.1%
- Better liquidityCurrent ratio rose2.51 → 2.34
- No dilutionShare count did not rise21M → 21M
- Gross margin improvedGross margin up on the prior year7.42% → 7.03%
- More efficientAsset turnover rose1.29 → 1.44