Invesco Asia (IAT)

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Company name:	Invesco Asia Trust Plc
EPIC:	IAT	Trading Currency:	GBX
Market Sector:	SSC6	ISIN:	GB0004535307
Market Segment:	SSMM	Share Type:	DE
WWW Address:	http://www.invesco.co.uk/	Description:	ORD 10P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
344.00	0.0 [0.00]	341.00	343.00	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
239.08	69.50	0.02	5.78	15.10	59.52	4.39	425.00 - 288.00

Invesco Asia Key Figures

(at previous day's close)
Market Cap.	239.08	m
Shares In Issue	69.50	m
Prev. Close	344.00
PE Ratio	59.52
Dividend Yield	4.39	%
EPS - basic	5.78	p
Dividend PS	15.10	p
Dividend Cover	0.38
Cash Flow PS	-	p
Return On Equity (ROE)	1.37	%
Operating Margin	80.91	%
PEG Factor	-2.29
EPS Growth Rate	-25.99	%
Dividends PS Growth Rate	115.71	%
Net Debt	-1.64	m
Gross Gearing	1.03	%
Quick Assets	5.13	m
Net Working Capital	2.19	m
Intangibles / Fixed Assets	-	%
Turnover PS	8.06	p
Pre-Tax Profit PS	6.52	p
Retained Profit PS	-5.23	p
Cash PS	6.60	p
Net Cash PS	2.37	p
Net Tangible Asset Value PS *	404.69	p
Net Asset Value PS	420.70	p
Spread	2.00 (0.58%)
* 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.

Invesco Asia Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	349.00	334.00
4 weeks	365.00	334.00
12 weeks	381.00	334.00
1 year	425.00	288.00

Share Price Chart (5 years)

Invesco Asia Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	348.00	-4.00	-1.15	334.00	0.06		342.24
4 weeks	349.00	-5.00	-1.43	334.00	0.08		352.36
12 weeks	372.00	-28.00	-7.53	334.00	0.06		354.90
26 weeks	399.00	-55.00	-13.78	334.00	0.07		369.98
1 year	294.00	50.00	17.01	288.00	0.08		359.92
3 years	270.00	74.00	27.41	198.00	0.09		302.00
5 years	233.75	110.25	47.17	198.00	0.09		291.98
† periods calculated are whole weeks rather than calendar months

Invesco Asia Key Management Ratios

Invesco Asia Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	59.52
Tobin's Q Ratio	0.99
Tobin's Q Ratio (excl. intangibles)	0.99
Dividend Yield	4.39	%
Market-to-Book Ratio	0.85
Price-to-Pre-Tax Profit PS	52.76
Price-to-Retained Profit PS	-65.73
Price-to-Cash Flow PS	-
Price-to-Sales PS	42.69
Price-to-Net Tangible Asset Value PS	0.82
Price-to-Cash PS	52.15
Net Working Capital PS	3.16
Price Pct to Working Capital PS	108.97	%
Earnings Yield	1.68	%
Average PE	82.26
Years in average	4
PE to PE average	72.35	%

Invesco Asia Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-0.58	%
Net Gearing (excl. Intangibles)	-0.58	%
Gross Gearing	1.03	%
Gross Gearing (excl. Intangibles)	1.03	%
Gearing Under 1 Year	1.03	%
Gearing Under 1 Year (excl. Intgbl)	1.03	%
Assets/Equity	1.01
Cash/Equity	1.63
(Liquidity Ratios)
Net Working Capital to Total Assets	0.77	%
Current Ratio	1.75
Quick Ratio (Acid Test)	1.75
Liquidity Ratio	1.56
Cash & Equiv/Current Assets	89.29	%
(Solvency Ratios)
Enterprise Value	234.49	m
CFO/Sales	-
CFO/Attributable Profit	-
CFO/Assets	-
CFO/Debt	-
Total Debt/Equity Market Value	0.01
Total Debt/Sales	0.53
Total Debt/Pre-Tax Profit	0.65
Total Debt	2.94	m
Total Debt/Net Current Assets	1.34	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	50.96	%
5 yr Compound Earnings Growth	4.05	%
10 yr Compound Earnings Growth	4.28	%
Earn drops > 5% in 10yrs	5

Beta (60-Mnth)	Beta (36-Mnth)
0.0236	0.0428

Invesco Asia Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	1.61	%
Return On Assets (ROA)	1.60	%
Net Profit Margin	68.98	%
Assets Turnover	0.02
Return On Equity (ROE)	1.37	%
Return On Investment (ROI)	1.65	%
Dividend Payout Ratio	261.25	%
Plowback Ratio	-161.25	%
Growth from Plowback Ratio	-2.66	%
Net Income Of Revenues	-64.95	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.02
Fixed Assets Turnover	0.02
Current Assets Turnover	1.56
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	43.05
Debtors-to-Sales	8.85	%
Debt Collection Period	32.30	Days

Invesco Asia Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
25 Mar 2021	Interim	GBX	8.40	30/04/2020	30/04/2021	01/04/2021	06/04/2021	27/04/2021	15.10
23 Oct 2020	Interim	GBX	6.70	01/05/2020	31/10/2020	05/11/2020	06/11/2020	26/11/2020	-
10 Mar 2020	Interim	GBX	3.60	30/04/2019	30/04/2020	19/03/2020	20/03/2020	20/04/2020	7.00
17 Oct 2019	Interim	GBX	3.40	01/05/2019	31/10/2019	24/10/2019	25/10/2019	26/11/2019	-
11 Jul 2019	Final	GBX	2.90	30/04/2018	30/04/2019	08/08/2019	09/08/2019	09/09/2019	5.70
17 Dec 2018	Interim	GBX	2.80	01/05/2018	31/10/2018	27/12/2018	28/12/2018	25/01/2019	-
28 Jun 2018	Final	GBX	5.50	30/04/2017	30/04/2018	12/07/2018	13/07/2018	13/08/2018	5.50
28 Jun 2017	Final	GBX	4.30	30/04/2016	30/04/2017	13/07/2017	14/07/2017	14/08/2017	4.30
28 Jun 2016	Final	GBX	3.65	30/04/2015	30/04/2016	14/07/2016	15/07/2016	12/08/2016	3.65
29 Jun 2015	Final	GBX	3.65	30/04/2014	30/04/2015	16/07/2015	17/07/2015	12/08/2015	3.65
01 Jul 2014	Final	GBX	3.45	30/04/2013	30/04/2014	16/07/2014	18/07/2014	12/08/2014	3.45
02 Jul 2013	Final	GBX	3.20	30/04/2012	30/04/2013	17/07/2013	19/07/2013	13/08/2013	3.20
25 Jun 2012	Final	GBX	3.20	30/04/2011	30/04/2012	04/07/2012	06/07/2012	01/08/2012	3.20
24 Jun 2011	Final	GBX	2.90	30/04/2010	30/04/2011	13/07/2011	15/07/2011	12/08/2011	2.90
06 Jul 2010	Final	GBX	2.25	30/04/2009	30/04/2010	14/07/2010	16/07/2010	13/08/2010	2.25
19 Jun 2008	Final	GBX	1.30	30/04/2007	30/04/2008	09/07/2008	11/07/2008	11/08/2008	1.50
15 Jun 2007	Final	GBX	1.30	30/04/2006	30/04/2007	04/07/2007	06/07/2007	30/07/2007	1.30
27 Jun 2006	Final	GBX	1.20	30/04/2005	30/04/2006	05/07/2006	07/07/2006	28/07/2006	1.20
23 Jun 2005	Final	GBX	0.90	30/04/2004	30/04/2005	29/06/2005	01/07/2005	29/07/2005	0.90
29 Jun 2004	Final	GBX	0.50	30/04/2003	30/04/2004	30/06/2004	02/07/2004	29/07/2004	0.50
24 Jun 2003	Final	GBX	0.40	30/04/2002	30/04/2003	02/07/2003	04/07/2003	06/08/2003	0.40
24 Jun 2002	Final	GBX	0.40	30/04/2001	30/04/2002	-	-	-	0.40
20 Jun 2001	Final	GBX	0.30	30/04/2000	30/04/2001	27/06/2001	29/06/2001	27/07/2001	0.30
13 Jun 2000	Final	GBX	0.65	30/04/1999	30/04/2000	19/06/2000	23/06/2000	21/07/2000	0.65
21 Jun 1999	Special	GBX	0.29	30/04/1998	30/04/1999	28/06/1999	02/07/1999	23/07/1999	-
21 Jun 1999	Final	GBX	0.65	30/04/1998	30/04/1999	28/06/1999	02/07/1999	23/07/1999	0.65
23 Jun 1998	Final	GBX	0.65	30/04/1997	30/04/1998	29/06/1998	03/07/1998	31/07/1998	0.65
23 Jun 1998	Special	GBX	0.17	30/04/1997	30/04/1998	29/06/1998	03/07/1998	31/07/1998	-

Invesco Asia Fundamentals

	30 Apr 2018 (GBP)		30 Apr 2019 (GBP)		30 Apr 2020 (GBP)		30 Apr 2021 (GBP)
turnover	6.06	100.00%	5.44	100.00%	7.12	100.00%	5.60	100.00%	m
pre tax profit	5.04	83.20%	4.49	82.52%	6.09	85.46%	4.53	80.91%	m
attributable profit	4.45	73.44%	3.93	72.19%	5.35	75.20%	3.86	68.98%	m
retained profit	0.55	9.03%	-0.10	-1.84%	-1.44	-20.28%	-3.64	-64.95%	m
eps - basic (p)	5.98		1.68		7.81		5.78
eps - diluted (p)	5.98		1.68		7.81		5.78
dividends per share	5.50		5.70		7.00		15.10

Invesco Asia Balance Sheet

	30 Apr 2018 (GBP)		30 Apr 2019 (GBP)		30 Apr 2020 (GBP)		30 Apr 2021 (GBP)


	30 Apr 2018 (GBP)		30 Apr 2019 (GBP)		30 Apr 2020 (GBP)		30 Apr 2021 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	226.62	95.52%	224.93	98.66%	195.92	98.96%	279.06	98.19%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	6.88	2.90%	0.48	0.21%	0.44	0.22%	0.55	0.19%	m
cash & securities	3.73	1.57%	2.58	1.13%	1.62	0.82%	4.58	1.61%	m

TOTAL	237.24	100%	227.99	100%	197.98	100%	284.19	100%	m

LIABILITIES
creditors - short	3.99	1.68%	0.62	0.27%	11.03	5.57%	2.94	1.03%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	3.99	1.68%	0.62	0.27%	11.03	5.57%	2.94	1.03%	m

EQUITY
ord cap, reserves	233.25	98.32%	227.38	99.73%	186.95	94.43%	281.25	98.97%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	233.25	98.32%	227.38	99.73%	186.95	94.43%	281.25	98.97%	m

OTHER
NAV Basic	328.90		322.70		279.60		420.70
NAV Diluted	328.90		322.70		279.60		420.70

Invesco Asia Cash Flow Statement

	30 Apr 2018 (GBP)	30 Apr 2019 (GBP)	30 Apr 2020 (GBP)	30 Apr 2021 (GBP)
Operating CF	-	-	-	-	m
Pre-Financing CF	-	-	-	-	m
Retained CF	-	-	-	-	m

Invesco Asia Brokers

Name	Activity	Type	Mnemonic	Code
Arbuthnot Securities Limited	Market Maker(MME)	Broker/Dealer	ARBT	ALESGB31MKT
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Cenkos Securities Plc	Market Maker(MME)	Broker/Dealer	CNKS	CNKOGB21
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC