Asia Broadband Inc
Asia Broadband, Inc., through its subsidiary, Asia Metals Inc., focuses on the production, supply, and sale of precious and base metals primarily in Asian markets. It also operates AABB Gold token, a minted mine-to-token gold-backed cryptocurrency; and AABB Wallet. The company was incorporated in 1996 and is based in Las Vegas, Nevada.
Asia Broadband Inc (AABB) - Net Assets
Latest net assets as of March 2025: $124.64 Million USD
Based on the latest financial reports, Asia Broadband Inc (AABB) has net assets worth $124.64 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($125.23 Million) and total liabilities ($583.57K). 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 | $124.64 Million |
| % of Total Assets | 99.53% |
| Annual Growth Rate | 33.76% |
| 5-Year Change | 228.7% |
| 10-Year Change | N/A |
| Growth Volatility | 211.15 |
Asia Broadband Inc - Net Assets Trend (2002–2024)
This chart illustrates how Asia Broadband Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asia Broadband Inc (2002–2024)
The table below shows the annual net assets of Asia Broadband Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $123.22 Million | +6.36% |
| 2023-12-31 | $115.85 Million | +6.09% |
| 2022-12-31 | $109.20 Million | +2.37% |
| 2021-12-31 | $106.67 Million | +184.55% |
| 2020-12-31 | $37.49 Million | +61.21% |
| 2019-12-31 | $23.25 Million | +192.11% |
| 2018-12-31 | $7.96 Million | +1398.17% |
| 2017-12-31 | $-613.21K | -2.00% |
| 2016-12-31 | $-601.20K | -56.49% |
| 2015-12-31 | $-384.18K | -558.93% |
| 2004-12-31 | $83.71K | -78.90% |
| 2003-12-31 | $396.76K | +93.63% |
| 2002-12-31 | $204.90K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Broadband Inc'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 9302322800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $88.23 Million | 71.60% |
| Common Stock | $1.53 Million | 1.24% |
| Other Components | $33.47 Million | 27.16% |
| Total Equity | $123.22 Million | 100.00% |
Asia Broadband Inc Competitors by Market Cap
The table below lists competitors of Asia Broadband Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fuse Battery Metals Inc.
OTCQB:FUSED
|
$228.99 |
|
149300
KO:149300
|
$229.25 |
|
Agha Steel Industries
KAR:AGHA
|
$229.26 |
|
Clontarf Energy Plc
LSE:CLON
|
$229.28 |
|
Radial Research Corp.
PINK:RADLF
|
$227.78 |
|
Star8 Corp
PINK:STRH
|
$227.63 |
|
Kua Investments Inc.
V:KUAI-P
|
$227.58 |
|
Transition Opportunities Corp.
V:TOP-P
|
$227.15 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Broadband Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,849,961 to 123,221,941, a change of 7,371,980 (6.4%).
- Net income of 4,201,981 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,476,053.
- Other factors increased equity by 1,693,946.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.20 Million | +3.41% |
| Other Comprehensive Income | $1.48 Million | +1.2% |
| Other Changes | $1.69 Million | +1.37% |
| Total Change | $- | 6.36% |
Book Value vs Market Value Analysis
This analysis compares Asia Broadband Inc'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: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.02 | x |
| 2016-12-31 | $0.00 | $0.02 | x |
| 2017-12-31 | $0.00 | $0.02 | x |
| 2018-12-31 | $0.02 | $0.02 | x |
| 2019-12-31 | $0.05 | $0.02 | x |
| 2020-12-31 | $0.03 | $0.02 | x |
| 2021-12-31 | $0.05 | $0.02 | x |
| 2022-12-31 | $0.04 | $0.02 | x |
| 2023-12-31 | $0.04 | $0.02 | x |
| 2024-12-31 | $0.04 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Broadband Inc 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): 3.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.55%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.00x
- Recent ROE (3.41%) is above the historical average (-590.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -1456.73% | 0.00% | 0.00x | 14.27x | $-818.80K |
| 2003 | -614.88% | 0.00% | 0.00x | 2.83x | $-2.21 Million |
| 2004 | -6963.06% | -6407.43% | 0.04x | 27.85x | $-3.24 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $113.84K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $106.04K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $1.06 Million |
| 2016 | 0.00% | -1212.53% | 0.01x | 0.00x | $-156.90K |
| 2017 | 0.00% | -4.33% | 0.17x | 0.00x | $49.31K |
| 2018 | 42.11% | 75.16% | 0.44x | 1.27x | $2.56 Million |
| 2019 | 23.03% | 64.29% | 0.34x | 1.06x | $3.03 Million |
| 2020 | 35.13% | 58.21% | 0.46x | 1.30x | $9.42 Million |
| 2021 | 63.89% | 2464.22% | 0.03x | 1.01x | $57.49 Million |
| 2022 | -0.33% | -20.74% | 0.02x | 1.01x | $-11.28 Million |
| 2023 | 3.86% | 62.62% | 0.06x | 1.01x | $-7.12 Million |
| 2024 | 3.41% | 52.55% | 0.06x | 1.00x | $-8.12 Million |
Industry Comparison
This section compares Asia Broadband Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,707,308,313
- Average return on equity (ROE) among peers: -80.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Broadband Inc (AABB) | $124.64 Million | -1456.73% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |