Asia Pacific Wire & Cable Corp vs Microvast Holdings
Asia Pacific Wire & Cable Corp and Microvast Holdings are similar in size: $490m and $428m of revenue in their latest fiscal years. Microvast Holdings grew faster (12.6% against 3.6%). Asia Pacific Wire & Cable Corp kept more of each dollar of sales as profit: a net margin of 0.7% against -6.8%. Asia Pacific Wire & Cable Corp carries less debt relative to equity (24.9% against 60.2%).
| Latest fiscal year | Asia Pacific Wire & Cable CorpAPWC, 2025 | Microvast HoldingsMVST, 2025 |
|---|---|---|
| Revenue | $490m | $428m |
| Revenue growth | 3.6% | 12.6% |
| Net income | $3.7m | −$29.2m |
| Operating margin | 1.3% | 1.6% |
| Net margin | 0.7% | -6.8% |
| Return on equity | 2.3% | -7.3% |
| Free cash flow | −$11.1m | $56.1m |
| Cash | $33.2m | $105m |
| Total debt | $42.3m | $247m |
| Debt to equity | 24.9% | 60.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $22.9m | $228m |
| Price vs our value range | — | — |
| Moat score | — | 15 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 7 sales |