Asiabest Group International Inc
Asiabest Group International Inc operates in Asset Management & Custody Banks.
Asiabest Group International Inc (ABG) - Total Assets
Latest total assets as of June 2023: ₱253.75 Million PHP
Based on the latest financial reports, Asiabest Group International Inc (ABG) holds total assets worth ₱253.75 Million PHP as of June 2023.
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.
Asiabest Group International Inc - Total Assets Trend (2016–2021)
This chart illustrates how Asiabest Group International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Asiabest Group International Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Asiabest Group International Inc's total assets of ₱253.75 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (PHP) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₱254.08 Million | 0.0% |
| Accounts Receivable | ₱0.00 | 0.0% |
| 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 (2016–2021)
This chart illustrates how Asiabest Group International 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: Asiabest Group International Inc's current assets represent 100.0% of total assets in 2021, an increase from 92.9% in 2016.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2021, down from 90.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is cash and equivalents at 0.0% of total assets.
Asiabest Group International Inc Competitors by Total Assets
Key competitors of Asiabest Group International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Q Capital Partners Co. Ltd
KQ:016600
|
Korea | ₩184.22 Billion |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
Korea | ₩145.68 Billion |
|
Leaders Technology Investment Co. Ltd
KQ:019570
|
Korea | ₩59.66 Billion |
|
Aju IB Investment Co. Ltd
KQ:027360
|
Korea | ₩336.45 Billion |
|
Daesung Private Equity Inc
KQ:027830
|
Korea | ₩98.07 Billion |
|
ISE Commerce Company Limited
KQ:069920
|
Korea | ₩91.38 Billion |
|
EBEST Investment & Securities Co. Ltd
KQ:078020
|
Korea | ₩9.66 Trillion |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
Korea | ₩1.08 Trillion |
Asiabest Group International 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 - Asiabest Group International Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Asiabest Group International Inc is currently not profitable relative to its asset base.
Asiabest Group International 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 | 252.40 | 122.35 | 160.48 |
| Quick Ratio | 252.40 | 122.35 | 160.48 |
| Cash Ratio | 244.64 | 119.66 | 0.00 |
| Working Capital | ₱252.74 Million | ₱ 255.86 Million | ₱ 261.28 Million |
Asiabest Group International Inc - Advanced Valuation Insights
This section examines the relationship between Asiabest Group International 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) | -1.7% |
| Total Assets | ₱259.28 Million |
| Market Capitalization | $3.34K USD |
Valuation Analysis
Below Book Valuation: The market values Asiabest Group International Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Asiabest Group International Inc's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Asiabest Group International Inc (2016–2021)
The table below shows the annual total assets of Asiabest Group International Inc from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | ₱259.28 Million | -1.68% |
| 2020-12-31 | ₱263.72 Million | -2.34% |
| 2019-12-31 | ₱270.03 Million | +0.40% |
| 2018-12-31 | ₱268.94 Million | -0.56% |
| 2017-12-31 | ₱270.44 Million | +28.47% |
| 2016-12-31 | ₱210.51 Million | -- |