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) - Total Assets
Latest total assets as of March 2025: $125.23 Million USD
Based on the latest financial reports, Asia Broadband Inc (AABB) holds total assets worth $125.23 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Asia Broadband Inc - Total Assets Trend (2002–2024)
This chart illustrates how Asia Broadband Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Asia Broadband Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Asia Broadband Inc's total assets of $125.23 Million consist of 45.8% current assets and 54.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.6% |
| Accounts Receivable | $160.25K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Asia Broadband Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Asia Broadband Inc's current assets represent 45.8% of total assets in 2024, a decrease from 67.1% in 2002.
- Cash Position: Cash and equivalents constituted 45.6% of total assets in 2024, up from 40.4% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 25.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Asia Broadband Inc Competitors by Total Assets
Key competitors of Asia Broadband Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Asia Broadband Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Asia Broadband Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Asia Broadband Inc generates $ 3.39 in net profit.
Asia Broadband Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 211.18 | 416.77 | 0.01 |
| Quick Ratio | 211.18 | 416.77 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $43.68 Million | $ 57.74 Million | $ -15.00K |
Asia Broadband Inc - Advanced Valuation Insights
This section examines the relationship between Asia Broadband Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | $123.78 Million |
| Market Capitalization | $228.54 USD |
Valuation Analysis
Below Book Valuation: The market values Asia Broadband Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Asia Broadband Inc's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Asia Broadband Inc (2002–2024)
The table below shows the annual total assets of Asia Broadband Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $123.78 Million | +6.26% |
| 2023-12-31 | $116.49 Million | +5.98% |
| 2022-12-31 | $109.91 Million | +2.30% |
| 2021-12-31 | $107.44 Million | +120.41% |
| 2020-12-31 | $48.75 Million | +97.29% |
| 2019-12-31 | $24.71 Million | +143.82% |
| 2018-12-31 | $10.13 Million | +534.95% |
| 2017-12-31 | $1.60 Million | +7.96% |
| 2016-12-31 | $1.48 Million | +1040.36% |
| 2015-12-31 | $129.64K | -89.98% |
| 2004-12-31 | $1.29 Million | +29.70% |
| 2003-12-31 | $997.86K | +25.25% |
| 2002-12-31 | $796.66K | -- |