abrdn Asia Pacific Income Fund VCC Net Assets

Latest as of April 2026: CA$99.59 Million CAD ≈ $72.04 Million USD

abrdn Asia Pacific Income Fund VCC net assets. Based on the latest financial reports, abrdn Asia Pacific Income Fund VCC (FAP) has net assets worth CA$99.59 Million CAD (≈ $72.04 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$144.93 Million ≈ $104.84 Million USD) and total liabilities (CA$45.34 Million ≈ $32.80 Million 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. Also explore FAP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$99.59 Million
% of Total Assets	68.72%
Annual Growth Rate	-8.08%
5-Year Change	-42.15%
10-Year Change	-62.92%
Growth Volatility	12.44

Net Assets of abrdn Asia Pacific Income Fund VCC (2005–2025)

Net assets of abrdn Asia Pacific Income Fund VCC from 2005 to 2025. This chart illustrates how abrdn Asia Pacific Income Fund VCC's net assets have evolved over time, based on quarterly financial data. See abrdn Asia Pacific Income Fund VCC (FAP) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for abrdn Asia Pacific Income Fund VCC (2005–2025)

The table below shows the annual net assets of abrdn Asia Pacific Income Fund VCC from 2005 to 2025. For live market cap and overall valuation, see market cap of abrdn Asia Pacific Income Fund VCC.

Year	Net Assets	Change
2025-10-31	CA$106.64 Million ≈ $77.14 Million	-11.58%
2024-10-31	CA$120.62 Million ≈ $87.25 Million	-4.72%
2023-10-31	CA$126.59 Million ≈ $91.58 Million	-2.37%
2022-10-31	CA$129.67 Million ≈ $93.80 Million	-29.66%
2021-10-31	CA$184.34 Million ≈ $133.35 Million	-10.17%
2020-10-31	CA$205.22 Million ≈ $148.45 Million	-11.01%
2019-10-31	CA$230.62 Million ≈ $166.83 Million	+6.82%
2018-10-31	CA$215.90 Million ≈ $156.18 Million	-19.26%
2017-10-31	CA$267.41 Million ≈ $193.44 Million	-7.03%
2016-10-31	CA$287.62 Million ≈ $208.06 Million	+7.43%
2015-10-31	CA$267.71 Million ≈ $193.66 Million	-10.29%
2014-10-31	CA$298.43 Million ≈ $215.88 Million	-0.70%
2013-10-31	CA$300.54 Million ≈ $217.40 Million	-13.57%
2012-10-31	CA$347.73 Million ≈ $251.54 Million	-1.95%
2011-10-31	CA$354.64 Million ≈ $256.54 Million	-3.76%
2010-10-31	CA$368.51 Million ≈ $266.57 Million	+4.15%
2009-10-31	CA$353.82 Million ≈ $255.95 Million	+22.97%
2008-10-31	CA$287.73 Million ≈ $208.14 Million	-27.35%
2007-10-31	CA$396.02 Million ≈ $286.48 Million	-5.82%
2006-10-31	CA$420.49 Million ≈ $304.17 Million	-26.85%
2005-10-31	CA$574.81 Million ≈ $415.81 Million	--

Equity Component Analysis

This analysis shows how different components contribute to abrdn Asia Pacific Income Fund VCC'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 decreased by 24328357600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

abrdn Asia Pacific Income Fund VCC Net Assets Breakdown (October 2025)

abrdn Asia Pacific Income Fund VCC net assets breakdown by equity component as of October 2025.

Component	Amount	Percentage
Common Stock	CA$442.61 Million	415.04%
Total Equity	CA$106.64 Million	100.00%

abrdn Asia Pacific Income Fund VCC Competitors by Market Cap

The table below lists competitors of abrdn Asia Pacific Income Fund VCC ranked by their market capitalization.

Company	Market Cap
Africa Energy Corp V:AFE	$62.39 Million
Titanium Oyj HE:TITAN	$62.41 Million
TAPEX INC KO:055490	$62.42 Million
Hyungji Elite KO:093240	$62.43 Million
Clime Capital Ltd AU:CAM	$62.38 Million
ISU Abxis Co. Ltd KQ:086890	$62.34 Million
Fine Blanking & Tool Co Ltd TWO:4535	$62.34 Million
Razor Labs Ltd TA:RZR	$62.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in abrdn Asia Pacific Income Fund VCC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 120,616,705 to 106,644,260, a change of -13,972,445 (-11.6%).
Net income of 5,397,202 contributed positively to equity growth.
Dividend payments of 7,315,546 reduced retained earnings.
Share repurchases of 12,054,101 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$5.40 Million	+5.06%
Dividends Paid	CA$7.32 Million	-6.86%
Share Repurchases	CA$12.05 Million	-11.3%
Total Change	CA$-	-11.58%

Book Value vs Market Value Analysis

This analysis compares abrdn Asia Pacific Income Fund VCC'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: 0.85x
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.
The price-to-book ratio has decreased from 1.19x to 0.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-10-31	CA$2.17	CA$2.59	x
2006-10-31	CA$2.67	CA$2.59	x
2007-10-31	CA$7.87	CA$2.59	x
2008-10-31	CA$5.49	CA$2.59	x
2009-10-31	CA$6.85	CA$2.59	x
2010-10-31	CA$7.14	CA$2.59	x
2011-10-31	CA$6.85	CA$2.59	x
2012-10-31	CA$6.67	CA$2.59	x
2013-10-31	CA$5.73	CA$2.59	x
2014-10-31	CA$5.65	CA$2.59	x
2015-10-31	CA$5.10	CA$2.59	x
2016-10-31	CA$5.51	CA$2.59	x
2017-10-31	CA$5.16	CA$2.59	x
2018-10-31	CA$4.20	CA$2.59	x
2019-10-31	CA$4.53	CA$2.59	x
2020-10-31	CA$4.04	CA$2.59	x
2021-10-31	CA$3.63	CA$2.59	x
2022-10-31	CA$2.56	CA$2.59	x
2023-10-31	CA$2.95	CA$2.59	x
2024-10-31	CA$2.99	CA$2.59	x
2025-10-31	CA$3.06	CA$2.59	x

Capital Efficiency Dashboard

This dashboard shows how efficiently abrdn Asia Pacific Income Fund VCC 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): 5.06%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 63.36%
• Asset Turnover: 0.06x
• Equity Multiplier: 1.45x
Recent ROE (5.06%) is above the historical average (2.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	2.77%	0.00%	0.00x	1.01x	CA$-41.57 Million
2006	6.87%	0.00%	0.00x	1.34x	CA$-13.16 Million
2007	-2.43%	-27.12%	0.06x	1.52x	CA$-49.22 Million
2008	-24.99%	-184.37%	0.09x	1.48x	CA$-100.67 Million
2009	27.96%	315.85%	0.06x	1.39x	CA$63.55 Million
2010	12.24%	147.47%	0.06x	1.42x	CA$8.25 Million
2011	4.27%	45.01%	0.07x	1.41x	CA$-20.33 Million
2012	6.36%	68.54%	0.06x	1.44x	CA$-12.65 Million
2013	-6.02%	0.00%	-0.03x	1.41x	CA$-48.14 Million
2014	8.82%	89.19%	0.07x	1.42x	CA$-3.51 Million
2015	-1.25%	0.00%	0.00x	1.40x	CA$-30.11 Million
2016	15.59%	93.39%	0.12x	1.38x	CA$16.07 Million
2017	0.71%	36.49%	0.01x	1.42x	CA$-24.84 Million
2018	-13.30%	0.00%	-0.08x	1.48x	CA$-50.30 Million
2019	14.01%	92.00%	0.10x	1.46x	CA$9.25 Million
2020	-5.70%	0.00%	-0.03x	1.39x	CA$-32.22 Million
2021	-3.89%	0.00%	-0.02x	1.42x	CA$-25.61 Million
2022	-19.35%	0.00%	-0.12x	1.45x	CA$-38.06 Million
2023	16.32%	270.80%	0.04x	1.48x	CA$8.01 Million
2024	12.69%	74.37%	0.12x	1.46x	CA$3.24 Million
2025	5.06%	63.36%	0.06x	1.45x	CA$-5.27 Million

Industry Comparison

This section compares abrdn Asia Pacific Income Fund VCC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $17,012,400,815
Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
abrdn Asia Pacific Income Fund VCC (FAP)	CA$99.59 Million	2.77%	0.46x	$62.38 Million
Aberdeen International Inc. (AAB)	$28.67 Million	6.52%	0.06x	$1.74 Million
Base Carbon Inc. (BCBN)	$52.38 Million	-2.92%	0.01x	$41.59 Million
Canadian Banc Corp (BK)	$98.80 Million	12.59%	0.84x	$524.68 Million
Brookfield Corporation (BN)	$165.38 Billion	0.39%	1.97x	$92.30 Billion
Sprott Physical Gold and Silver Trust (CEF)	$541.00 Million	7.88%	0.00x	$6.99 Billion
Canadian General Investments Ltd (CGI)	$1.16 Billion	15.01%	0.15x	$763.28 Million
CI Financial Corp (CIX)	$1.90 Billion	29.18%	0.74x	$3.32 Billion
Culico Metals Inc. (CLCO)	$0.00	0.00%	0.00x	$23.65 Million
Clairvest Group Inc. (CVG)	$234.44 Million	5.47%	0.29x	$842.02 Million
Cymbria Corporation (CYB)	$728.31 Million	16.15%	0.06x	$1.15 Billion

About abrdn Asia Pacific Income Fund VCC

TO:FAP Canada Asset Management

Market Cap

$62.38 Million

CA$86.23 Million CAD

Market Cap Rank

#20840 Global

#701 in Canada

Share Price

CA$2.59

Change (1 day)

+0.39%

52-Week Range

CA$2.58 - CA$2.92

All Time High

CA$2.97