Budweiser Brewing Company APAC Limited
Budweiser Brewing Company APAC Limited, an investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally. It brews, imports, markets, distributes, and sells a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Harbin, Hoegaarden, and Cass. The company was founded in 1876 and is headquartere… Read more
Budweiser Brewing Company APAC Limited (BDWBY) - Net Assets
Latest net assets as of December 2025: $80.38 Billion USD
Based on the latest financial reports, Budweiser Brewing Company APAC Limited (BDWBY) has net assets worth $80.38 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($114.98 Billion) and total liabilities ($34.60 Billion). 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 | $80.38 Billion |
| % of Total Assets | 69.91% |
| Annual Growth Rate | -0.08% |
| 5-Year Change | -6.97% |
| 10-Year Change | N/A |
| Growth Volatility | 4.14 |
Budweiser Brewing Company APAC Limited - Net Assets Trend (2017–2025)
This chart illustrates how Budweiser Brewing Company APAC Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Budweiser Brewing Company APAC Limited (2017–2025)
The table below shows the annual net assets of Budweiser Brewing Company APAC Limited from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $80.38 Billion | +1.07% |
| 2024-12-31 | $79.53 Billion | -6.13% |
| 2023-12-31 | $84.72 Billion | +0.20% |
| 2022-12-31 | $84.55 Billion | -2.15% |
| 2021-12-31 | $86.41 Billion | +3.73% |
| 2020-12-31 | $83.30 Billion | +8.16% |
| 2019-12-31 | $77.01 Billion | -3.30% |
| 2018-12-31 | $79.64 Billion | -1.54% |
| 2017-12-31 | $80.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Budweiser Brewing Company APAC Limited'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 359.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $40.41 Billion | 50.59% |
| Other Comprehensive Income | $-174.76 Billion | -218.81% |
| Other Components | $214.22 Billion | 268.21% |
| Total Equity | $79.87 Billion | 100.00% |
Budweiser Brewing Company APAC Limited Competitors by Market Cap
The table below lists competitors of Budweiser Brewing Company APAC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kimberly-Clark de Mexico
PINK:KCDMY
|
$7.11 Billion |
|
KINSALE CAP.GRP.INC. -01
F:KCH
|
$7.12 Billion |
|
STAG Industrial Inc
NYSE:STAG
|
$7.12 Billion |
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
$7.12 Billion |
|
Eisai Co. Ltd
PINK:ESALF
|
$7.09 Billion |
|
Nemetschek SE
PINK:NEMTF
|
$7.09 Billion |
|
Han'S Laser Tech A
SHE:002008
|
$7.08 Billion |
|
Aspen Technology Inc
NASDAQ:AZPN
|
$7.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Budweiser Brewing Company APAC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,095,563,600 to 79,868,401,000, a change of 772,837,400 (1.0%).
- Net income of 3,805,456,000 contributed positively to equity growth.
- Dividend payments of 5,821,024,267 reduced retained earnings.
- Other comprehensive income increased equity by 120,569,014,250.
- Other factors decreased equity by 117,780,608,583.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.81 Billion | +4.76% |
| Dividends Paid | $5.82 Billion | -7.29% |
| Other Comprehensive Income | $120.57 Billion | +150.96% |
| Other Changes | $-117.78 Billion | -147.47% |
| Total Change | $- | 0.98% |
Book Value vs Market Value Analysis
This analysis compares Budweiser Brewing Company APAC Limited'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: 0.18x
- 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 |
|---|---|---|---|
| 2017-12-31 | $24.39 | $4.29 | x |
| 2018-12-31 | $24.01 | $4.29 | x |
| 2019-12-31 | $23.15 | $4.29 | x |
| 2020-12-31 | $25.06 | $4.29 | x |
| 2021-12-31 | $25.95 | $4.29 | x |
| 2022-12-31 | $25.38 | $4.29 | x |
| 2023-12-31 | $25.38 | $4.29 | x |
| 2024-12-31 | $23.80 | $4.29 | x |
| 2025-12-31 | $23.98 | $4.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Budweiser Brewing Company APAC Limited 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): 4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.48%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.44x
- Recent ROE (4.76%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.54% | 9.41% | 0.36x | 1.63x | $-3.60 Billion |
| 2018 | 9.45% | 14.21% | 0.42x | 1.57x | $-440.77 Million |
| 2019 | 9.18% | 13.72% | 0.43x | 1.56x | $-628.01 Million |
| 2020 | 4.81% | 9.20% | 0.35x | 1.52x | $-4.30 Billion |
| 2021 | 8.60% | 14.00% | 0.41x | 1.51x | $-1.20 Billion |
| 2022 | 8.51% | 14.09% | 0.41x | 1.49x | $-1.25 Billion |
| 2023 | 1.01% | 1.59% | 0.42x | 1.51x | $-7.57 Billion |
| 2024 | 7.13% | 11.62% | 0.42x | 1.45x | $-2.27 Billion |
| 2025 | 4.76% | 8.48% | 0.39x | 1.44x | $-4.18 Billion |
Industry Comparison
This section compares Budweiser Brewing Company APAC Limited's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $76,087,409,310
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Budweiser Brewing Company APAC Limited (BDWBY) | $80.38 Billion | 5.54% | 0.43x | $7.10 Billion |
| Asahi Group Holdings Ltd (ASBRF) | $577.70 Billion | 8.25% | 1.48x | $15.32 Billion |
| Big Rock Brewery Inc (BRBMF) | $25.06 Million | 9.15% | 0.43x | $5.77 Million |
| Anheuser-Busch InBev SA/NV (BUDFF) | $24.43 Billion | 7.89% | 3.63x | $56.52 Billion |
| Carlsberg A/S (CABJF) | $47.23 Billion | -6.20% | 1.64x | $11.67 Billion |
| C&C Group plc (CCGPY) | $384.50 Million | 54.15% | 1.42x | $663.00 Million |
| China Resources Beer Holdings Co Ltd (CRHKF) | $19.31 Billion | -17.32% | 1.21x | $5.79 Billion |
| Entertainment Arts Research Inc (EARI) | $146.29K | 0.00% | 2.48x | $0.93 |
| Fomento Economico Mexicano (FMX) | $15.70 Billion | 10.67% | 0.85x | $37.66 Billion |
| Heineken N.V (HINKF) | $0.00 | 0.00% | 0.00x | $45.23 Billion |