Asia Broadband Inc

Company Profile

Asia Broadband Inc had its IPO on under the ticker symbol AABB.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Asia Broadband Inc has a staff strength of 42 employees.

Stock update

Shares of Asia Broadband Inc opened at $0.03 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $0.03 - $0.03, and closed at $0.03.

This is a -1.67% slip from the previous day's closing price.

A total volume of 2,993,851 shares were traded at the close of the day’s session.

In the last one week, shares of Asia Broadband Inc have slipped by -0.34%.

Asia Broadband Inc's Key Ratios

Asia Broadband Inc has a market cap of $11.94 million, indicating a price to book ratio of 0 and a price to sales ratio of 326.0377.

In the last 12-months Asia Broadband Inc’s revenue was $50503 with a gross profit of $50503 and an EBITDA of $-3053686. The EBITDA ratio measures Asia Broadband Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Asia Broadband Inc’s operating margin was -6092.31% while its return on assets stood at -167.8% with a return of equity of -1362.09%.

In Q1, Asia Broadband Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Asia Broadband Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.093 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Asia Broadband Inc’s profitability.

Asia Broadband Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 326.0377.

Asia Broadband Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.36 million

Total Liabilities

$54587.00

Operating Cash Flow

$-139529.00

Capital Expenditure

$26582

Dividend Payout Ratio

0%

Asia Broadband Inc ended 2023 with $2.36 million in total assets and $0 in total liabilities. Its intangible assets were valued at $2.36 million while shareholder equity stood at $112526.00.

Asia Broadband Inc ended 2023 with $0 in deferred long-term liabilities, $54587.00 in other current liabilities, 339541.00 in common stock, $-10589485.00 in retained earnings and $0 in goodwill. Its cash balance stood at $932204.00 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $2.19 million.

Asia Broadband Inc’s total current assets stands at $963353.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $31149.00 compared to accounts payable of $54587.00 and inventory worth $0.

In 2023, Asia Broadband Inc's operating cash flow was $-139529.00 while its capital expenditure stood at $26582.

Comparatively, Asia Broadband Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.03

52-Week High

$0.1674

52-Week Low

$0.0285

Analyst Target Price

$

Asia Broadband Inc stock is currently trading at $0.03 per share. It touched a 52-week high of $0.1674 and a 52-week low of $0.1674. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.03 and 200-day moving average was $0.05 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0.2% are held by institutions.