Abrdn Asia Focus PLC (AAS) - Net Assets

Latest as of January 2026: GBX592.78 Million GBX ≈ $72.12K USD

Based on the latest financial reports, Abrdn Asia Focus PLC (AAS) has net assets worth GBX592.78 Million GBX (≈ $72.12K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX654.84 Million ≈ $79.67K USD) and total liabilities (GBX62.06 Million ≈ $7.55K USD). 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. Check how resilient are Abrdn Asia Focus PLC's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX592.78 Million
% of Total Assets	90.52%
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. Also explore Abrdn Asia Focus PLC total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Abrdn Asia Focus PLC.

Year	Net Assets	Change
2025-07-31	GBX558.59 Million ≈ $67.96K	+11.22%
2024-07-31	GBX502.26 Million ≈ $61.11K	+2.16%
2023-07-31	GBX491.64 Million ≈ $59.82K	+5.87%
2022-07-31	GBX464.40 Million ≈ $56.50K	-6.18%
2021-07-31	GBX495.01 Million ≈ $60.23K	+37.42%
2020-07-31	GBX360.23 Million ≈ $43.83K	-18.32%
2019-07-31	GBX441.01 Million ≈ $53.66K	+1.68%
2018-07-31	GBX433.71 Million ≈ $52.77K	+0.84%
2017-07-31	GBX430.11 Million ≈ $52.33K	+12.08%
2016-07-31	GBX383.74 Million ≈ $46.69K	+11.56%
2015-07-31	GBX343.97 Million ≈ $41.85K	-6.81%
2014-07-31	GBX369.12 Million ≈ $44.91K	-3.61%
2013-07-31	GBX382.93 Million ≈ $46.59K	+46.72%
2012-07-31	GBX260.99 Million ≈ $31.76K	+8.76%
2011-07-31	GBX239.97 Million ≈ $29.20K	+24.43%
2010-07-31	GBX192.85 Million ≈ $23.46K	+58.12%
2009-07-31	GBX121.96 Million ≈ $14.84K	+11.05%
2008-07-31	GBX109.83 Million ≈ $13.36K	-16.59%
2007-07-31	GBX131.68 Million ≈ $16.02K	+33.46%
2006-07-31	GBX98.67 Million ≈ $12.01K	+18.76%
2005-07-31	GBX83.08 Million ≈ $10.11K	+58.76%
2004-07-31	GBX52.33 Million ≈ $6.37K	+12.92%
2003-07-31	GBX46.34 Million ≈ $5.64K	+22.16%
2002-07-31	GBX37.94 Million ≈ $4.62K	+19.34%
2001-07-31	GBX31.79 Million ≈ $3.87K	-17.47%
2000-07-31	GBX38.52 Million ≈ $4.69K	--

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
J D Wetherspoon PLC LSE:JDW	$7.50 Million
Wildsky Resources Inc V:WSK	$7.51 Million
Kawasan Industri Jababeka Tbk JK:KIJA	$7.51 Million
Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada MX:CREAL	$7.52 Million
tokentus investment AG MU:14D	$7.49 Million
Teuza A Fairchild Technology Venture Ltd TA:TUZA	$7.48 Million
Lombard et Medot SA PA:MLCAC	$7.48 Million
Mcnally Bharat Engineering Company Limited NSE:MBECL	$7.48 Million

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: 124.63x
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 1567.06x to 124.63x 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	GBX441.00	x
2003-07-31	GBX0.34	GBX441.00	x
2004-07-31	GBX0.39	GBX441.00	x
2005-07-31	GBX0.60	GBX441.00	x
2006-07-31	GBX0.64	GBX441.00	x
2007-07-31	GBX0.81	GBX441.00	x
2008-07-31	GBX0.68	GBX441.00	x
2009-07-31	GBX0.78	GBX441.00	x
2010-07-31	GBX1.23	GBX441.00	x
2011-07-31	GBX1.43	GBX441.00	x
2012-07-31	GBX1.49	GBX441.00	x
2013-07-31	GBX1.88	GBX441.00	x
2014-07-31	GBX1.76	GBX441.00	x
2015-07-31	GBX1.63	GBX441.00	x
2016-07-31	GBX1.88	GBX441.00	x
2017-07-31	GBX2.19	GBX441.00	x
2018-07-31	GBX2.33	GBX441.00	x
2019-07-31	GBX2.38	GBX441.00	x
2020-07-31	GBX2.02	GBX441.00	x
2021-07-31	GBX2.85	GBX441.00	x
2022-07-31	GBX2.74	GBX441.00	x
2023-07-31	GBX2.87	GBX441.00	x
2024-07-31	GBX3.00	GBX441.00	x
2025-07-31	GBX3.54	GBX441.00	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: $817,762,111
Average return on equity (ROE) among peers: 2.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Abrdn Asia Focus PLC (AAS)	GBX592.78 Million	13.02%	0.10x	$7.49 Million
3I Infrastructure PLC (3IN)	$1.20 Billion	4.98%	0.15x	$42.14 Million
Albion Enterprise VCT PLC (AAEV)	$61.87 Million	11.55%	0.03x	$3.29 Million
abrdn Asian Income Fund Limited (AAIF)	$431.87 Million	14.17%	0.08x	$5.17 Million
Albion Technology & General VCT PLC (AATG)	$64.83 Million	5.63%	0.01x	$3.22 Million
Abrdn PLC (ABDN)	$4.56 Billion	10.22%	39.48x	$45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$426.87 Million	6.29%	0.20x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$69.67 Million	-2.91%	0.02x	$261.59K
Aquila European Renewables Income PLC (AERI)	$372.54 Million	-8.03%	0.00x	$79.35 Million
Artemis UK Future Leaders plc (AFL)	$174.91 Million	-21.80%	0.02x	$415.29

About Abrdn Asia Focus PLC

LSE:AAS UK Asset Management

Market Cap

$7.49 Million

GBX61.60 Billion GBX

Market Cap Rank

#27530 Global

#396 in UK

Share Price

GBX441.00

Change (1 day)

+0.92%

52-Week Range

GBX292.00 - GBX441.00

All Time High

GBX441.00