Abrdn Asia Focus (AAS)

Company name:	Abrdn Asia Focus Plc
EPIC:	AAS	Trading Currency:	GBX
Market Sector:	SSC6	ISIN:	GB00BMF19B58
Market Segment:	SSMM	Share Type:	DE
WWW Address:	http://www.aberdeen-asset.com/	Description:	ORD 5P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
259.50	-1.5 [-0.57]	255.00	264.00	-	-	-	65,279
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
407.29	156.95	0.06	7.52	15.00	34.51	5.78	303.00 - 244.00

Abrdn Asia Focus Key Figures

(at previous day's close)
Market Cap.	407.29	m
Shares In Issue	156.95	m
Prev. Close	261.00
PE Ratio	34.51
Dividend Yield	5.78	%
EPS - basic	7.52	p
Dividend PS	15.00	p
Dividend Cover	0.50
Cash Flow PS	1.76	p
Return On Equity (ROE)	0.49	%
Operating Margin	30.51	%
PEG Factor	-0.53
EPS Growth Rate	-64.94	%
Dividends PS Growth Rate	3.45	%
Net Debt	58.07	m
Gross Gearing	12.96	%
Quick Assets	19.68	m
Net Working Capital	16.26	m
Intangibles / Fixed Assets	-	%
Turnover PS	6.13	p
Pre-Tax Profit PS	1.87	p
Retained Profit PS	-2.33	p
Cash PS	9.29	p
Net Cash PS	7.11	p
Net Tangible Asset Value PS *	310.89	p
Net Asset Value PS	310.89	p
Spread	9.00 (3.41%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Abrdn Asia Focus Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	261.00	246.00
4 weeks	266.00	246.00
12 weeks	287.00	246.00
1 year	303.00	244.00

Share Price Chart (5 years)

Abrdn Asia Focus Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	250.00	9.50	3.80	246.00	0.11		253.63
4 weeks	262.00	-2.50	-0.95	246.00	0.09		258.56
12 weeks	273.00	-13.50	-4.95	246.00	0.08		268.27
26 weeks	296.00	-36.50	-12.33	244.00	0.12		261.07
1 year	260.00	-0.50	-0.19	244.00	0.07		264.24
3 years	225.00	34.50	15.33	139.20	0.05		235.45
5 years	217.80	41.70	19.15	139.20	0.04		225.76
† periods calculated are whole weeks rather than calendar months

Abrdn Asia Focus Key Management Ratios

Abrdn Asia Focus Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	19.14
PE Ratio	34.51
Tobin's Q Ratio	0.84
Tobin's Q Ratio (excl. intangibles)	0.84
Dividend Yield	5.78	%
Market-to-Book Ratio	0.83
Price-to-Pre-Tax Profit PS	138.72
Price-to-Retained Profit PS	-111.37
Price-to-Cash Flow PS	147.73
Price-to-Sales PS	42.32
Price-to-Net Tangible Asset Value PS	0.83
Price-to-Cash PS	27.94
Net Working Capital PS	10.36
Price Pct to Working Capital PS	25.05	%
Earnings Yield	2.90	%
Average PE	16.47
Years in average	4
PE to PE average	209.51	%

Abrdn Asia Focus Financial Ratios

(Leverage Ratios)
Debt Ratio	12.42	%
Debt-to-Equity Ratio	0.14
Debt-to-Equity Ratio (excl. Intgbl)	0.14
Debt-to-Equity Market Value	0.17
Net Gearing	10.36	%
Net Gearing (excl. Intangibles)	10.36	%
Gross Gearing	12.96	%
Gross Gearing (excl. Intangibles)	12.96	%
Gearing Under 1 Year	0.61	%
Gearing Under 1 Year (excl. Intgbl)	0.61	%
Assets/Equity	1.15
Cash/Equity	2.99
(Liquidity Ratios)
Net Working Capital to Total Assets	2.90	%
Current Ratio	5.75
Quick Ratio (Acid Test)	5.75
Liquidity Ratio	4.26
Cash & Equiv/Current Assets	74.06	%
(Solvency Ratios)
Enterprise Value	461.94	m
CFO/Sales	0.29
CFO/Attributable Profit	1.16
CFO/Assets	0.00
CFO/Debt	0.04
Total Debt/Equity Market Value	0.18
Total Debt/Sales	7.55
Total Debt/Pre-Tax Profit	24.74
Total Debt	72.65	m
Total Debt/Net Current Assets	4.47	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	8

Beta (60-Mnth)	Beta (36-Mnth)
0.0581	0.0835

Abrdn Asia Focus Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.53	%
Return On Assets (ROA)	0.49	%
Net Profit Margin	24.79	%
Assets Turnover	0.02
Return On Equity (ROE)	0.49	%
Return On Investment (ROI)	0.50	%
Dividend Payout Ratio	199.47	%
Plowback Ratio	-99.47	%
Growth from Plowback Ratio	-0.56	%
Net Income Of Revenues	-38.00	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.02
Fixed Assets Turnover	0.02
Current Assets Turnover	0.60
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	50.27
Debtors-to-Sales	34.54	%
Debt Collection Period	126.07	Days

Abrdn Asia Focus Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
17 May 2022	Interim	GBX	1.60	31/07/2021	31/07/2022	26/05/2022	27/05/2022	17/06/2022	-
17 Feb 2022	Interim	GBX	3.20	31/07/2021	31/07/2022	24/02/2022	25/02/2022	21/03/2022	-
30 Nov 2021	Final	GBX	15.00	31/07/2020	31/07/2021	06/01/2022	07/01/2022	02/02/2022	15.00
29 Oct 2020	Final	GBX	14.50	31/07/2019	31/07/2020	12/11/2020	13/11/2020	09/12/2020	14.50
30 Oct 2019	Special	GBX	5.00	31/07/2018	31/07/2019	14/11/2019	15/11/2019	11/12/2019	-
30 Oct 2019	Final	GBX	14.00	31/07/2018	31/07/2019	14/11/2019	15/11/2019	11/12/2019	14.00
13 Nov 2018	Final	GBX	13.00	31/07/2017	31/07/2018	20/12/2018	21/12/2018	22/01/2019	13.00
13 Nov 2018	Special	GBX	4.00	31/07/2017	31/07/2018	20/12/2018	21/12/2018	22/01/2019	-
25 Oct 2017	Special	GBX	4.00	31/07/2016	31/07/2017	02/11/2017	03/11/2017	07/12/2017	-
25 Oct 2017	Final	GBX	12.00	31/07/2016	31/07/2017	02/11/2017	03/11/2017	07/12/2017	16.00
25 Oct 2016	Final	GBX	10.50	31/07/2015	31/07/2016	03/11/2016	04/11/2016	02/12/2016	10.50
28 Oct 2015	Final	GBX	10.50	31/07/2014	31/07/2015	05/11/2015	06/11/2015	04/12/2015	15.00
28 Oct 2015	Special	GBX	4.50	31/07/2014	31/07/2015	05/11/2015	06/11/2015	04/12/2015	-
23 Oct 2014	Final	GBX	10.00	31/07/2013	31/07/2014	06/11/2014	07/11/2014	05/12/2014	13.00
23 Oct 2014	Special	GBX	3.00	31/07/2013	31/07/2014	06/11/2014	07/11/2014	05/12/2014	-
21 Oct 2013	Special	GBX	3.00	31/07/2012	31/07/2013	30/10/2013	01/11/2013	06/12/2013	-
21 Oct 2013	Final	GBX	10.00	31/07/2012	31/07/2013	30/10/2013	01/11/2013	06/12/2013	13.00
01 Oct 2012	Special	GBX	3.00	31/07/2011	31/07/2012	17/10/2012	19/10/2012	23/11/2012	-
01 Oct 2012	Final	GBX	9.50	31/07/2011	31/07/2012	17/10/2012	19/10/2012	23/11/2012	12.50
06 Oct 2011	Final	GBX	9.50	31/07/2010	31/07/2011	26/10/2011	28/10/2011	02/12/2011	12.30
20 Sep 2011	Special	GBX	2.80	31/07/2010	31/07/2011	26/10/2011	28/10/2011	02/12/2011	-
06 Oct 2010	Special	GBX	1.90	31/07/2009	31/07/2010	20/10/2010	22/10/2010	02/12/2010	-
06 Oct 2010	Final	GBX	8.20	31/07/2009	31/07/2010	20/10/2010	22/10/2010	02/12/2010	10.10
12 Oct 2009	Final	GBX	4.00	31/07/2008	31/07/2009	21/10/2009	23/10/2009	27/10/2009	4.00
20 Oct 2008	Special	GBX	1.00	31/07/2007	31/07/2008	15/10/2008	17/10/2008	28/11/2008	-
20 Oct 2008	Final	GBX	4.00	31/07/2007	31/07/2008	17/10/2008	19/10/2008	28/11/2008	4.00
30 Nov 2007	Special	GBX	2.70	31/07/2006	31/07/2007	-	-	30/11/2007	-
30 Nov 2007	Final	GBX	3.45	31/07/2006	31/07/2007	-	-	30/11/2007	3.45
20 Oct 2007	Final	GBX	3.45	31/07/2006	31/07/2007	24/10/2007	26/10/2007	30/10/2008	3.45
10 Oct 2006	Special	GBX	2.70	31/07/2005	31/07/2006	18/10/2006	20/10/2006	30/11/2006	-
10 Oct 2006	Final	GBX	3.45	31/07/2005	31/07/2006	18/10/2006	20/10/2006	30/11/2006	3.45
13 Oct 2005	Final	GBX	3.45	31/07/2004	31/07/2005	26/10/2005	28/10/2005	25/11/2005	3.45
28 Sep 2004	Final	GBX	3.10	31/07/2003	31/07/2004	13/10/2004	15/10/2004	26/11/2004	3.10
25 Sep 2003	Final	GBX	3.10	31/07/2002	31/07/2003	29/10/2003	31/10/2003	01/12/2003	3.10
03 Oct 2002	Final	GBX	2.65	31/07/2001	31/07/2002	16/10/2002	18/10/2002	29/11/2002	2.65
03 Oct 2001	Final	GBX	2.00	31/07/2000	31/07/2001	10/10/2001	12/10/2001	30/11/2001	2.00
12 Oct 2000	Final	GBX	1.22	31/07/1999	31/07/2000	23/10/2000	27/10/2000	30/11/2000	1.22
07 Sep 1999	Final	GBX	0.26	31/07/1998	31/07/1999	20/09/1999	24/09/1999	22/10/1999	0.26
29 Oct 1998	Final	GBX	0.11	31/07/1997	31/07/1998	09/11/1998	13/11/1998	09/12/1998	0.11

Abrdn Asia Focus Fundamentals

	31 Jul 2018 (GBP)		31 Jul 2019 (GBP)		31 Jul 2020 (GBP)		31 Jul 2021 (GBP)
turnover	14.67	100.00%	14.63	100.00%	13.60	100.00%	9.62	100.00%	m
pre tax profit	7.57	51.56%	8.23	56.25%	7.90	58.07%	2.94	30.51%	m
attributable profit	6.68	45.55%	7.47	51.03%	7.09	52.17%	2.39	24.79%	m
retained profit	1.18	8.01%	1.59	10.85%	0.73	5.34%	-3.66	-38.00%	m
eps - basic (p)	19.27		21.64		21.45		7.52
eps - diluted (p)	-		21.35		-		-
dividends per share	13.00		14.00		14.50		15.00

Abrdn Asia Focus Balance Sheet

	31 Jul 2018 (GBP)		31 Jul 2019 (GBP)		31 Jul 2020 (GBP)		31 Jul 2021 (GBP)


	31 Jul 2018 (GBP)		31 Jul 2019 (GBP)		31 Jul 2020 (GBP)		31 Jul 2021 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	476.10	97.45%	484.71	97.22%	394.47	96.94%	540.92	96.49%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	3.04	0.62%	3.62	0.73%	1.54	0.38%	5.11	0.91%	m
cash & securities	9.40	1.92%	10.24	2.05%	10.92	2.68%	14.58	2.60%	m

TOTAL	488.53	100%	498.56	100%	406.93	100%	560.61	100%	m

LIABILITIES
creditors - short	10.11	2.07%	22.06	4.42%	12.47	3.07%	3.42	0.61%	m
creditors - long	44.72	9.15%	35.50	7.12%	35.50	8.72%	69.23	12.35%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	54.83	11.22%	57.56	11.54%	47.97	11.79%	72.65	12.96%	m

EQUITY
ord cap, reserves	433.71	88.78%	441.01	88.46%	358.96	88.21%	487.96	87.04%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	433.71	88.78%	441.01	88.46%	358.96	88.21%	487.96	87.04%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Abrdn Asia Focus Cash Flow Statement

	31 Jul 2018 (GBP)	31 Jul 2019 (GBP)	31 Jul 2020 (GBP)	31 Jul 2021 (GBP)
Operating CF	6.88	7.11	7.09	2.76	m
Pre-Financing CF	4.36	19.10	31.83	3.01	m
Retained CF	5.48	0.90	1.32	4.08	m

Abrdn Asia Focus Brokers

Name	Activity	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
HSBC Bank plc	Market Maker(MME)	Broker/Dealer	HSBC	JCAPGB2L
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Matrix Corporate Capital LLP	Market Maker(MME)	Broker/Dealer	MATX	MCOCGB21MMK
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC