APT Satellite Holdings Limited
APT Satellite Holdings Limited, an investment holding company, maintains, operates, and provides satellite transponder capacity and related services, satellite-based broadcasting and telecommunications services, and other services. It offers a range of Ka-band, HTS, and Ku-band transponder leasing services to its broadcast and telecommunication customers; satellite TV broadcasting and multi-chann… Read more
APT Satellite Holdings Limited (AY8) - Net Assets
Latest net assets as of June 2025: €6.12 Billion EUR
Based on the latest financial reports, APT Satellite Holdings Limited (AY8) has net assets worth €6.12 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.96 Billion) and total liabilities (€845.47 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 | €6.12 Billion |
| % of Total Assets | 87.86% |
| Annual Growth Rate | 19.29% |
| 5-Year Change | 2.49% |
| 10-Year Change | 36.81% |
| Growth Volatility | 323.01 |
APT Satellite Holdings Limited - Net Assets Trend (2006–2024)
This chart illustrates how APT Satellite Holdings 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 APT Satellite Holdings Limited (2006–2024)
The table below shows the annual net assets of APT Satellite Holdings Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €6.09 Billion | +0.13% |
| 2023-12-31 | €6.08 Billion | +0.23% |
| 2022-12-31 | €6.07 Billion | -1.10% |
| 2021-12-31 | €6.13 Billion | +3.26% |
| 2020-12-31 | €5.94 Billion | +1.49% |
| 2019-12-31 | €5.85 Billion | +3.64% |
| 2018-12-31 | €5.65 Billion | +6.54% |
| 2017-12-31 | €5.30 Billion | +9.31% |
| 2016-12-31 | €4.85 Billion | +8.96% |
| 2015-12-31 | €4.45 Billion | +11.00% |
| 2014-12-31 | €4.01 Billion | +12.11% |
| 2013-12-31 | €3.58 Billion | +1258.64% |
| 2008-12-31 | €263.23 Million | +3.25% |
| 2007-12-31 | €254.95 Million | +0.28% |
| 2006-12-31 | €254.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to APT Satellite Holdings 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 25926.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.19 Billion | 68.77% |
| Other Components | €1.90 Billion | 31.23% |
| Total Equity | €6.09 Billion | 100.00% |
APT Satellite Holdings Limited Competitors by Market Cap
The table below lists competitors of APT Satellite Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amcil Ltd
AU:AMH
|
$137.06 Million |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$137.06 Million |
|
Milestone Pharmaceuticals Inc
NASDAQ:MIST
|
$137.12 Million |
|
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR
|
$137.14 Million |
|
Everspin Technologies Inc
NASDAQ:MRAM
|
$137.02 Million |
|
MINMETALS LAND LTD HD-10
F:ONF
|
$136.99 Million |
|
Southern Hydropower JSC
VN:SHP
|
$136.96 Million |
|
Taiwan Styrene Monomer Corp
TW:1310
|
$136.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APT Satellite Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,080,919,000 to 6,087,917,000, a change of 6,998,000 (0.1%).
- Net income of 205,221,000 contributed positively to equity growth.
- Dividend payments of 173,864,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €205.22 Million | +3.37% |
| Dividends Paid | €173.86 Million | -2.86% |
| Other Changes | €-24.36 Million | -0.4% |
| Total Change | €- | 0.12% |
Book Value vs Market Value Analysis
This analysis compares APT Satellite Holdings 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: 0.05x
- 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 | €5.69 | €0.35 | x |
| 2018-12-31 | €6.07 | €0.35 | x |
| 2019-12-31 | €6.29 | €0.35 | x |
| 2020-12-31 | €6.40 | €0.35 | x |
| 2021-12-31 | €6.61 | €0.35 | x |
| 2022-12-31 | €6.53 | €0.35 | x |
| 2023-12-31 | €6.55 | €0.35 | x |
| 2024-12-31 | €6.56 | €0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APT Satellite Holdings 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): 3.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.15%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.14x
- Recent ROE (3.37%) is below the historical average (6.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -4.12% | -19.08% | 0.13x | 1.72x | €-35.90 Million |
| 2007 | 0.24% | 1.04% | 0.14x | 1.58x | €-24.89 Million |
| 2008 | 2.43% | 12.26% | 0.16x | 1.25x | €-19.94 Million |
| 2013 | 15.25% | 47.93% | 0.21x | 1.55x | €187.83 Million |
| 2014 | 12.67% | 40.72% | 0.19x | 1.64x | €107.09 Million |
| 2015 | 11.55% | 43.02% | 0.19x | 1.38x | €68.79 Million |
| 2016 | 10.18% | 40.13% | 0.19x | 1.33x | €8.69 Million |
| 2017 | 9.52% | 41.79% | 0.16x | 1.38x | €-25.51 Million |
| 2018 | 8.98% | 40.96% | 0.17x | 1.27x | €-57.74 Million |
| 2019 | 6.19% | 34.10% | 0.15x | 1.21x | €-223.00 Million |
| 2020 | 3.90% | 26.03% | 0.12x | 1.21x | €-362.59 Million |
| 2021 | 4.29% | 28.39% | 0.13x | 1.19x | €-350.03 Million |
| 2022 | 3.82% | 24.53% | 0.13x | 1.17x | €-375.07 Million |
| 2023 | 3.91% | 28.50% | 0.12x | 1.17x | €-370.44 Million |
| 2024 | 3.37% | 26.15% | 0.11x | 1.14x | €-403.57 Million |
Industry Comparison
This section compares APT Satellite Holdings Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,776,813,547
- Average return on equity (ROE) among peers: -33.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APT Satellite Holdings Limited (AY8) | €6.12 Billion | -4.12% | 0.14x | $137.02 Million |
| Tower One Wireless Corp (1P3N) | $2.41 Million | -396.85% | 1.20x | $1.64 Million |
| 1&1 AG (1U1) | $233.67 Million | 0.00% | 0.65x | $515.31 Million |
| Bahnhof AB (publ) (3B7) | $468.65 Million | 32.08% | 1.27x | $113.53 Million |
| Liberty Global Ltd. (3O41) | $25.60 Billion | 52.45% | 0.83x | $2.82 Billion |
| Hutchison Telecommunications Hong Kong Holdings Limited (4C6) | $11.96 Billion | 3.59% | 0.21x | $224.90 Million |
| 53N (53N) | $784.29 Million | 10.78% | 3.30x | $937.43 Million |
| BLUE LABEL (5TP) | $5.11 Billion | 12.66% | 1.96x | $374.98 Million |
| Pentanet Limited (83K) | $31.16 Million | -24.29% | 0.54x | $3.44 Million |
| TELUS (BCZ) | $16.80 Billion | 5.91% | 2.45x | $17.77 Billion |