New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$82.1m market cap). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to US$1.99, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 39x in the Electrical industry in the US. Total returns to shareholders of 14% over the past three years. Reported Earnings • May 01
Full year 2025 earnings released: EPS: US$0.18 (vs US$0.17 in FY 2024) Full year 2025 results: EPS: US$0.18 (up from US$0.17 in FY 2024). Revenue: US$489.7m (up 3.6% from FY 2024). Net income: US$3.67m (up 5.3% from FY 2024). Profit margin: 0.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$1.58, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 34x in the Electrical industry in the US. Total loss to shareholders of 5.4% over the past three years. New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 88% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$65.9m market cap). Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: US$0.051 (vs US$0.068 in 3Q 2024) Third quarter 2025 results: EPS: US$0.051 (down from US$0.068 in 3Q 2024). Revenue: US$128.4m (up 5.0% from 3Q 2024). Net income: US$1.06m (down 25% from 3Q 2024). Profit margin: 0.8% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$2.12, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 30x in the Electrical industry in the US. Total returns to shareholders of 44% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: US$0.028 (vs US$0.012 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.028 (up from US$0.012 loss in 2Q 2024). Revenue: US$126.9m (up 18% from 2Q 2024). Net income: US$578.0k (up US$833.0k from 2Q 2024). Profit margin: 0.5% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 26
Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Sep 09, 2025 Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Sep 09, 2025. Location: pacific holdings group, 2901 dallas parkway, suite 360, plano United States Aankondiging • May 08
Asia Pacific Wire & Cable Corporation Limited Appoints Ben Lee as Chief Financial Officer, Effective May 12, 2025 Asia Pacific Wire & Cable Corporation Limited announced that Ben Lee will join the Company as Chief Financial Officer (CFO) effective May 12, 2025. Prior to joining APWC, Lee served as CFO of O’Neil Global Advisors based in Los Angeles, CA. He previously held VP Finance roles at Yum! Brands, Shanghai; and Canadian Solar Inc., Ontario, Canada. His degrees, certifications, and licenses include a Bachelor of Arts in Economics and Diploma in Accounting Program from The University of British Columbia, Certified Public Accountant, and Chartered Global Management Accountant (AICPA and CIMA). Reported Earnings • Mar 31
Full year 2024 earnings released: EPS: US$0.17 (vs US$0.19 in FY 2023) Full year 2024 results: EPS: US$0.17 (down from US$0.19 in FY 2023). Revenue: US$472.7m (up 11% from FY 2023). Net income: US$3.49m (down 9.9% from FY 2023). Profit margin: 0.7% (down from 0.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 14
Now 24% overvalued Over the last 90 days, the stock has fallen 2.8% to US$1.76. The fair value is estimated to be US$1.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Dec 02
Third quarter 2024 earnings released: EPS: US$0.068 (vs US$0.053 in 3Q 2023) Third quarter 2024 results: EPS: US$0.068 (up from US$0.053 in 3Q 2023). Revenue: US$122.2m (up 21% from 3Q 2023). Net income: US$1.41m (up 28% from 3Q 2023). Profit margin: 1.2% (up from 1.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Aankondiging • Nov 20
Asia Pacific Wire & Cable Corporation Limited Announces CFO Changes Asia Pacific Wire & Cable Corporation Limited announced that Mr. James Lu, APWC’s Deputy Chief Financial Officer, has been named acting Chief Financial Officer (CFO) effective immediately. The appointment follows the resignation of Ivan Hsia, CFO, who will remain with the company through November 25, 2024. Since joining APWC 16 years ago, Mr. Lu has held senior leadership roles in its Corporate Planning Division and Strategic Sales Department and served as Senior Manager - Office of the Chief Financial Officer. Mr. Lu is familiar with the operating conditions of APWC’s subsidiaries and was involved in implementing the SAP Business Planning and Consolidation software application. Before joining APWC, Mr. Lu held roles as Senior Manager of the Overseas Business Department at a Taiwan-based computer and motherboard manufacturer and as an auditor at two certified public accounting firms in Taiwan. Mr. Lu was conferred a Master of Business Administration degree from Lincoln University and received his undergraduate degree from Taiwan’s Oxford College majoring in accounting and statistics. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$1.79, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 19x in the Electrical industry in the US. Total loss to shareholders of 46% over the past three years. Reported Earnings • Aug 27
First half 2024 earnings released: US$0.025 loss per share (vs US$0.001 profit in 1H 2023) First half 2024 results: US$0.025 loss per share (down from US$0.001 profit in 1H 2023). Revenue: US$214.3m (up 11% from 1H 2023). Net loss: US$510.0k (down US$525.0k from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Aankondiging • May 23
Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Jul 15, 2024 Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Jul 15, 2024. Location: pacific holdings group, 2901 dallas parkway, suite 360, texas 75093, plano United States Reported Earnings • May 01
Full year 2023 earnings released: EPS: US$0.19 (vs US$0.19 in FY 2022) Full year 2023 results: EPS: US$0.19 (down from US$0.19 in FY 2022). Revenue: US$425.8m (down 1.9% from FY 2022). Net income: US$3.87m (flat on FY 2022). Profit margin: 0.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 25
First half 2023 earnings released: EPS: US$0.001 (vs US$0.017 loss in 1H 2022) First half 2023 results: EPS: US$0.001 (up from US$0.017 loss in 1H 2022). Revenue: US$193.5m (down 6.7% from 1H 2022). Net income: US$15.0k (up US$351.0k from 1H 2022). Profit margin: 0% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$2.14, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 26x in the Electrical industry in the US. Total returns to shareholders of 75% over the past three years. Aankondiging • May 17
Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Jul 24, 2023 Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Jul 24, 2023, at 09:00 Eastern Daylight. Location: 2901 Dallas Parkway,2901 Dallas Parkway, Texas United States Agenda: To approve the written record of the last Annual General Meeting of Shareholders of the Company held on September 16, 2022; to approve the minimum number of directorships at two and the maximum number of directorships at seven; to elect up to seven directors; to approve the compensation to be paid to each of the directors; to present before the Meeting the audited financial statements of the Company for the fiscal year ended December 31, 2022; and to discuss other matters. Reported Earnings • Apr 26
Full year 2022 earnings released Full year 2022 results: Revenue: US$433.9m (down 9.0% from FY 2021). Net income: US$3.87m (up US$6.52m from FY 2021). Profit margin: 0.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Dec 29
Third quarter 2022 earnings released: EPS: US$0.046 (vs US$0.093 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.046 (up from US$0.093 loss in 3Q 2021). Revenue: US$103.4m (down 2.0% from 3Q 2021). Net income: US$912.0k (up US$2.20m from 3Q 2021). Profit margin: 0.9% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Lambert L. Ding was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 10
First half 2022 earnings released: US$0.017 loss per share (vs US$0.008 loss in 1H 2021) First half 2022 results: US$0.017 loss per share (further deteriorated from US$0.008 loss in 1H 2021). Revenue: US$207.4m (down 8.0% from 1H 2021). Net loss: US$336.0k (loss widened 190% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Jul 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Lambert L. Ding was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 09
Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Sep 16, 2022 Asia Pacific Wire & Cable Corporation Limited, Annual General Meeting, Sep 16, 2022, at 09:00 US Eastern Standard Time. Location: Room B, 15th Floor, No. 77 Dunhua South Road, Section 2 Taipei Taiwan Agenda: To approve the written record of the last Annual General Meeting of Shareholders of the Company held on December 23, 2021; to approve the minimum number of directorships at two (2) and the maximum number of directorships at nine; to elect up to nine Directors; to approve the compensation to be paid to each of the directors; to present before the Meeting the audited financial statements of the Company for the fiscal year ended December 31, 2021; to approve the appointment of PricewaterhouseCoopers Taiwan as the independent auditor of the Company for the 2022 fiscal year, and to authorize the Board of Directors of the Company acting through its Audit Committee to determine the remuneration of the independent auditors for the 2022 fiscal year; and to consider such other matters as may be appropriately brought before the shareholders. Aankondiging • Jul 21
Asia Pacific Wire & Cable Corporation Announces Listing Transfer to Nasdaq Capital Market Asia Pacific Wire & Cable Corporation Limited announced that the Company's application to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market has been approved by The Nasdaq Stock Market
("Nasdaq"). In November 2019, Nasdaq notified the Company that it was not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) requirement for continued listing on The Nasdaq Global Market. The Company’s MVPHS remains below the minimum MVPHS required for continued listing on The Nasdaq Global Market. The Company expects its stock to begin trading on The Nasdaq Capital Market effective at the opening of business on Friday, July 24, 2020. The Company's stock will continue to trade on Nasdaq under the symbol "APWC".