Fidelity Asian Values
Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund invests in stocks of companies across all market capitalizations. It invests in stocks of co… Read more
Fidelity Asian Values (FAS) - Net Assets
Latest net assets as of July 2025: GBX402.71 Million GBX
Based on the latest financial reports, Fidelity Asian Values (FAS) has net assets worth GBX402.71 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 (GBX409.25 Million) and total liabilities (GBX6.54 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 | GBX402.71 Million |
| % of Total Assets | 98.4% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | 10.61% |
| 10-Year Change | 69.53% |
| Growth Volatility | 24.22 |
Fidelity Asian Values - Net Assets Trend (2000–2025)
This chart illustrates how Fidelity Asian Values's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fidelity Asian Values (2000–2025)
The table below shows the annual net assets of Fidelity Asian Values from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | GBX402.71 Million | +2.73% |
| 2024-07-31 | GBX392.01 Million | -0.65% |
| 2023-07-31 | GBX394.58 Million | +7.33% |
| 2022-07-31 | GBX367.62 Million | +0.98% |
| 2021-07-31 | GBX364.06 Million | +35.14% |
| 2020-07-31 | GBX269.40 Million | -17.26% |
| 2019-07-31 | GBX325.60 Million | +13.07% |
| 2018-07-31 | GBX287.97 Million | +2.78% |
| 2017-07-31 | GBX280.19 Million | +17.95% |
| 2016-07-31 | GBX237.54 Million | +32.75% |
| 2015-07-31 | GBX178.94 Million | +3.57% |
| 2014-07-31 | GBX172.76 Million | +10.87% |
| 2013-07-31 | GBX155.83 Million | +33.09% |
| 2012-07-31 | GBX117.08 Million | -17.11% |
| 2011-07-31 | GBX141.26 Million | +20.53% |
| 2010-07-31 | GBX117.19 Million | +27.20% |
| 2009-07-31 | GBX92.13 Million | -32.23% |
| 2008-07-31 | GBX135.94 Million | -20.37% |
| 2007-07-31 | GBX170.72 Million | +72.31% |
| 2006-07-31 | GBX99.08 Million | +11.69% |
| 2005-07-31 | GBX88.70 Million | +46.78% |
| 2004-07-31 | GBX60.44 Million | +2.55% |
| 2003-07-31 | GBX58.93 Million | -2.97% |
| 2002-07-31 | GBX60.74 Million | -2.29% |
| 2001-07-31 | GBX62.16 Million | -39.21% |
| 2000-07-31 | GBX102.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fidelity Asian Values'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 4167.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX20.23 Million | 5.02% |
| Common Stock | GBX18.89 Million | 4.69% |
| Other Comprehensive Income | GBX313.08 Million | 77.74% |
| Other Components | GBX50.50 Million | 12.54% |
| Total Equity | GBX402.71 Million | 100.00% |
Fidelity Asian Values Competitors by Market Cap
The table below lists competitors of Fidelity Asian Values ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rouchon Industries Inc
PINK:RCHN
|
$704.96 |
|
Delta Apparel, Inc.
NYSE MKT:DLAPQ
|
$705.00 |
|
iFresh Inc
PINK:IFMK
|
$705.30 |
|
BEIJING MEDIA -H-
MU:BME
|
$705.58 |
|
Can-Gow Capital Inc.
V:GOWC-P
|
$702.86 |
|
EIZ PROPERTIES PLC
LUSE:EIZP
|
$700.19 |
|
Qiansui International Group Co. Ltd
PINK:QIAN
|
$700.00 |
|
Orthogonal Global Group Inc
PINK:OGGIF
|
$699.12 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fidelity Asian Values's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 392,014,000 to 402,708,000, a change of 10,694,000 (2.7%).
- Net income of 43,373,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,309,000.
- Other factors decreased equity by 37,988,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX43.37 Million | +10.77% |
| Other Comprehensive Income | GBX5.31 Million | +1.32% |
| Other Changes | GBX-37.99 Million | -9.43% |
| Total Change | GBX- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Fidelity Asian Values'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: 108.08x
- 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 716.55x to 108.08x 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 | GBX0.87 | GBX620.00 | x |
| 2003-07-31 | GBX0.84 | GBX620.00 | x |
| 2004-07-31 | GBX0.65 | GBX620.00 | x |
| 2005-07-31 | GBX0.95 | GBX620.00 | x |
| 2006-07-31 | GBX1.06 | GBX620.00 | x |
| 2007-07-31 | GBX1.62 | GBX620.00 | x |
| 2008-07-31 | GBX1.30 | GBX620.00 | x |
| 2009-07-31 | GBX1.40 | GBX620.00 | x |
| 2010-07-31 | GBX1.92 | GBX620.00 | x |
| 2011-07-31 | GBX2.29 | GBX620.00 | x |
| 2012-07-31 | GBX1.93 | GBX620.00 | x |
| 2013-07-31 | GBX2.62 | GBX620.00 | x |
| 2014-07-31 | GBX2.56 | GBX620.00 | x |
| 2015-07-31 | GBX2.65 | GBX620.00 | x |
| 2016-07-31 | GBX3.52 | GBX620.00 | x |
| 2017-07-31 | GBX4.14 | GBX620.00 | x |
| 2018-07-31 | GBX4.19 | GBX620.00 | x |
| 2019-07-31 | GBX4.55 | GBX620.00 | x |
| 2020-07-31 | GBX3.62 | GBX620.00 | x |
| 2021-07-31 | GBX4.97 | GBX620.00 | x |
| 2022-07-31 | GBX5.03 | GBX620.00 | x |
| 2023-07-31 | GBX5.49 | GBX620.00 | x |
| 2024-07-31 | GBX5.48 | GBX620.00 | x |
| 2025-07-31 | GBX5.74 | GBX620.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fidelity Asian Values 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): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.01%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.02x
- Recent ROE (10.77%) is above the historical average (9.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.49% | 37.51% | 0.05x | 1.32x | GBX-4.54 Million |
| 2005 | 31.87% | 91.31% | 0.31x | 1.14x | GBX19.40 Million |
| 2006 | 10.68% | 80.85% | 0.12x | 1.14x | GBX674.30K |
| 2007 | 33.22% | 94.90% | 0.32x | 1.09x | GBX39.64 Million |
| 2008 | -18.52% | 0.00% | -0.15x | 1.07x | GBX-38.77 Million |
| 2009 | 11.67% | 84.72% | 0.13x | 1.08x | GBX1.54 Million |
| 2010 | 21.84% | 91.79% | 0.22x | 1.06x | GBX13.88 Million |
| 2011 | 16.16% | 89.92% | 0.17x | 1.07x | GBX8.70 Million |
| 2012 | -17.41% | 0.00% | -0.15x | 1.09x | GBX-32.10 Million |
| 2013 | 15.68% | 97.21% | 0.16x | 1.02x | GBX8.84 Million |
| 2014 | 10.46% | 93.71% | 0.11x | 1.01x | GBX800.80K |
| 2015 | 3.87% | 82.42% | 0.05x | 1.01x | GBX-10.98 Million |
| 2016 | 25.24% | 98.64% | 0.25x | 1.01x | GBX36.20 Million |
| 2017 | 16.30% | 95.68% | 0.17x | 1.02x | GBX17.66 Million |
| 2018 | 2.35% | 79.70% | 0.03x | 1.01x | GBX-22.02 Million |
| 2019 | 7.48% | 93.67% | 0.08x | 1.01x | GBX-8.15 Million |
| 2020 | -20.51% | 0.00% | -0.20x | 1.01x | GBX-82.19 Million |
| 2021 | 28.45% | 95.41% | 0.29x | 1.02x | GBX67.16 Million |
| 2022 | 3.68% | 81.16% | 0.04x | 1.01x | GBX-23.24 Million |
| 2023 | 10.05% | 88.18% | 0.11x | 1.01x | GBX180.30K |
| 2024 | 2.97% | 21.08% | 0.14x | 1.01x | GBX-27.54 Million |
| 2025 | 10.77% | 84.01% | 0.13x | 1.02x | GBX3.10 Million |
Industry Comparison
This section compares Fidelity Asian Values's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fidelity Asian Values (FAS) | GBX402.71 Million | 2.49% | 0.02x | $704.50 |
| 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 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| 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 |