Abrdn Asia Focus PLC

LSE:AAS UK Asset Management
Market Cap
$6.55 Million
GBX53.84 Billion GBX
Market Cap Rank
#49047 Global
#1284 in UK
Share Price
GBX383.00
Change (1 day)
+1.06%
52-Week Range
GBX256.00 - GBX424.00
All Time High
GBX424.00
Categories
Companies in UK Asset Management Banking & Financial
About

Aberdeen Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia. The trust invests in companies operating in various sectors, including auto components; beverages; chemicals; commercial banks; containers and packaging; diversified financial services; food and staples retailing; hotels, restaurants, and leisure; industrial co… Read more

Abrdn Asia Focus PLC (AAS) - Net Assets

Latest net assets as of July 2025: GBX558.59 Million GBX

Based on the latest financial reports, Abrdn Asia Focus PLC (AAS) has net assets worth GBX558.59 Million GBX as of July 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX639.19 Million) and total liabilities (GBX80.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX558.59 Million
% of Total Assets 87.39%
Annual Growth Rate 11.29%
5-Year Change 12.84%
10-Year Change 45.57%
Growth Volatility 20.84

Abrdn Asia Focus PLC - Net Assets Trend (2000–2025)

This chart illustrates how Abrdn Asia Focus PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Abrdn Asia Focus PLC (2000–2025)

The table below shows the annual net assets of Abrdn Asia Focus PLC from 2000 to 2025.

Year Net Assets Change
2025-07-31 GBX558.59 Million +11.22%
2024-07-31 GBX502.26 Million +2.16%
2023-07-31 GBX491.64 Million +5.87%
2022-07-31 GBX464.40 Million -6.18%
2021-07-31 GBX495.01 Million +37.42%
2020-07-31 GBX360.23 Million -18.32%
2019-07-31 GBX441.01 Million +1.68%
2018-07-31 GBX433.71 Million +0.84%
2017-07-31 GBX430.11 Million +12.08%
2016-07-31 GBX383.74 Million +11.56%
2015-07-31 GBX343.97 Million -6.81%
2014-07-31 GBX369.12 Million -3.61%
2013-07-31 GBX382.93 Million +46.72%
2012-07-31 GBX260.99 Million +8.76%
2011-07-31 GBX239.97 Million +24.43%
2010-07-31 GBX192.85 Million +58.12%
2009-07-31 GBX121.96 Million +11.05%
2008-07-31 GBX109.83 Million -16.59%
2007-07-31 GBX131.68 Million +33.46%
2006-07-31 GBX98.67 Million +18.76%
2005-07-31 GBX83.08 Million +58.76%
2004-07-31 GBX52.33 Million +12.92%
2003-07-31 GBX46.34 Million +22.16%
2002-07-31 GBX37.94 Million +19.34%
2001-07-31 GBX31.79 Million -17.47%
2000-07-31 GBX38.52 Million --

Equity Component Analysis

This analysis shows how different components contribute to Abrdn Asia Focus PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 100.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (July 2025)

Component Amount Percentage
Retained Earnings GBX19.52 Million 3.50%
Common Stock GBX7.32 Million 1.31%
Other Comprehensive Income GBX437.14 Million 78.26%
Other Components GBX94.61 Million 16.94%
Total Equity GBX558.59 Million 100.00%

Abrdn Asia Focus PLC Competitors by Market Cap

The table below lists competitors of Abrdn Asia Focus PLC ranked by their market capitalization.

Company Market Cap
Sandston Corp
PINK:SDON
 		$434.86
Hoang Minh Finance Investment JSC
VN:KPF
 		$436.03
Pak Gulf Leasing Company Ltd
KAR:PGLC
 		$437.62
Defence Holdings Plc
LSE:ALRT
 		$437.81
RENAISSANCE
BE:RU8
 		$434.19
RALLYE
BE:RAY
 		$433.89
Hartanah Kenyalang Berhad
KLSE:0359
 		$433.72
Loads Ltd
KAR:LOADS
 		$433.57

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Abrdn Asia Focus PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 502,260,000 to 558,593,000, a change of 56,333,000 (11.2%).
  • Net income of 89,935,000 contributed positively to equity growth.
  • Dividend payments of 11,047,000 reduced retained earnings.
  • Share repurchases of 53,601,000 reduced equity.
  • Other comprehensive income increased equity by 24,226,000.
  • Other factors increased equity by 6,820,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX89.94 Million +16.1%
Dividends Paid GBX11.05 Million -1.98%
Share Repurchases GBX53.60 Million -9.6%
Other Comprehensive Income GBX24.23 Million +4.34%
Other Changes GBX6.82 Million +1.22%
Total Change GBX- 11.22%

Book Value vs Market Value Analysis

This analysis compares Abrdn Asia Focus PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 108.24x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 1360.96x to 108.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-07-31 GBX0.28 GBX383.00 x
2003-07-31 GBX0.34 GBX383.00 x
2004-07-31 GBX0.39 GBX383.00 x
2005-07-31 GBX0.60 GBX383.00 x
2006-07-31 GBX0.64 GBX383.00 x
2007-07-31 GBX0.81 GBX383.00 x
2008-07-31 GBX0.68 GBX383.00 x
2009-07-31 GBX0.78 GBX383.00 x
2010-07-31 GBX1.23 GBX383.00 x
2011-07-31 GBX1.43 GBX383.00 x
2012-07-31 GBX1.49 GBX383.00 x
2013-07-31 GBX1.88 GBX383.00 x
2014-07-31 GBX1.76 GBX383.00 x
2015-07-31 GBX1.63 GBX383.00 x
2016-07-31 GBX1.88 GBX383.00 x
2017-07-31 GBX2.19 GBX383.00 x
2018-07-31 GBX2.33 GBX383.00 x
2019-07-31 GBX2.38 GBX383.00 x
2020-07-31 GBX2.02 GBX383.00 x
2021-07-31 GBX2.85 GBX383.00 x
2022-07-31 GBX2.74 GBX383.00 x
2023-07-31 GBX2.87 GBX383.00 x
2024-07-31 GBX3.00 GBX383.00 x
2025-07-31 GBX3.54 GBX383.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Abrdn Asia Focus PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 16.10%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 94.88%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.14x
  • Recent ROE (16.10%) is above the historical average (11.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 13.02% 77.27% 0.14x 1.19x GBX1.58 Million
2005 31.75% 92.20% 0.31x 1.11x GBX18.07 Million
2006 9.82% 77.27% 0.12x 1.09x GBX-178.90K
2007 26.70% 91.60% 0.27x 1.06x GBX21.99 Million
2008 -14.86% 0.00% -0.11x 1.05x GBX-27.30 Million
2009 12.34% 84.09% 0.14x 1.07x GBX2.86 Million
2010 38.38% 96.25% 0.39x 1.03x GBX54.73 Million
2011 19.35% 93.50% 0.20x 1.02x GBX22.44 Million
2012 9.18% 53.64% 0.15x 1.13x GBX-2.13 Million
2013 26.24% 98.26% 0.25x 1.09x GBX62.18 Million
2014 -3.24% 0.00% -0.02x 1.10x GBX-48.87 Million
2015 -5.55% 0.00% -0.05x 1.11x GBX-53.49 Million
2016 15.87% 96.96% 0.15x 1.12x GBX22.52 Million
2017 14.14% 96.69% 0.13x 1.10x GBX17.82 Million
2018 2.94% 80.18% 0.03x 1.13x GBX-30.61 Million
2019 6.12% 90.92% 0.06x 1.13x GBX-17.13 Million
2020 -16.82% 0.00% -0.14x 1.13x GBX-96.28 Million
2021 30.02% 96.30% 0.27x 1.15x GBX97.69 Million
2022 -2.37% 0.00% -0.02x 1.15x GBX-57.46 Million
2023 7.24% 87.98% 0.07x 1.15x GBX-13.39 Million
2024 7.43% 73.91% 0.09x 1.16x GBX-12.90 Million
2025 16.10% 94.88% 0.15x 1.14x GBX34.08 Million

Industry Comparison

This section compares Abrdn Asia Focus PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $388,061,222
  • Average return on equity (ROE) among peers: -90.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Abrdn Asia Focus PLC (AAS) GBX558.59 Million 13.02% 0.14x $434.78
3I Infrastructure PLC (3IN) $1.09 Billion 8.57% 0.18x $396.99K
450 PLC (450) $1.30 Million -791.13% 5.03x $1.71K
abrdn Asian Income Fund Limited (AAIF) $431.48 Million 11.10% 0.09x $315.37
Albion Technology & General VCT PLC (AATG) $34.46 Million 4.41% 0.01x $78.71
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $492.42 Million 0.00% 0.32x $16.61
Aquila Energy Efficiency Trust PLC (AEET) $97.38 Million -0.64% 0.00x $2.38K
Aquila European Renewables Income PLC (AERI) $320.23 Million -9.29% 0.00x $2.45K
Artemis UK Future Leaders plc (AFL) $84.35 Million -40.52% 0.02x $401.26
AVI Global Trust PLC (AGT) $938.94 Million 2.59% 0.12x $2.83 Million