Is AsiaFIN Holdings Corp. (ASFH) a Buy, Sell, or Hold?
OTC : ASFH
AsiaFIN Holdings Corp.
$0.1744 USD
$0 (0.0%)
- Volume
- 3K
- Average Volume
- 524
- Market Capitalization
- $14.29M
- P/E Ratio
- 20.52
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $1.37
- Year Low
- $0.15
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.89
ASFH Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-08-31 | 2020-08-31 |
|---|---|---|---|---|---|---|
| revenue | 5.13M | 3.38M | 3.11M | - | 38000 | 18000 |
| costOfRevenue | 3.22M | 1.96M | 105.55K | - | 26600 | 12600 |
| grossProfit | 1.9M | 1.42M | 3M | - | 11400 | 5400 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | 122.28K | 349.88K | 86623 |
| sellingAndMarketingExpenses | - | - | - | - | - | 3052 |
| sellingGeneralAndAdministrativeExpenses | 1.87M | 1.46M | 2.9M | 122.28K | 349.88K | 89675 |
| otherExpenses | - | - | 13109 | - | - | - |
| operatingExpenses | 1.87M | 1.46M | 2.9M | 122.28K | 349.88K | 89675 |
| costAndExpenses | 5.1M | 3.42M | 3.01M | 122.28K | 376.48K | 102.28K |
| netInterestIncome | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - |
| depreciationAndAmortization | 130.37K | 59305 | 133.02K | 228.48K | - | 206.3K |
| ebitda | 159.93K | 18890 | 235.36K | -122.28K | -338.48K | -84275 |
| ebit | 29558 | -40415 | 102.33K | - | - | - |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - |
| operatingIncome | -479 | -40415 | 102.33K | -122.28K | -338.48K | -84275 |
| totalOtherIncomeExpensesNet | 40146 | -2562 | 12957 | 14080 | 60 | 10146 |
| incomeBeforeTax | 39667 | -42977 | 115.29K | -108.2K | -338.42K | -74129 |
| incomeTaxExpense | -159.94K | 118.99K | 96712 | 3999 | -644 | 644 |
| netIncomeFromContinuingOperations | 199.61K | -161.97K | 18577 | -112.2K | -337.78K | -74773 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | 199.61K | -143.58K | 19214 | -112.2K | -337.78K | -74773 |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | 199.61K | -143.58K | 19214 | -112.2K | -337.78K | -74773 |
| eps | 0.0 | -0.0 | 0.0 | -0.0 | -0.01 | -0.0 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-08-31 | 2020-08-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 1.75M | 1.31M | 1.23M | 874.69K | 1.01M | 514.23K |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 1.75M | 1.31M | 1.23M | 874.69K | 1.01M | 514.23K |
| netReceivables | 1.47M | 1.18M | 1.26M | 3000 | 7249 | 19249 |
| accountsReceivables | 1.11M | 1.18M | 1M | - | 6000 | 18000 |
| otherReceivables | 364.45K | 356.61K | 253.28K | 3000 | 1249 | 1249 |
| inventory | - | - | -253.28K | - | -6000 | - |
| prepaids | 229.82K | 111.41K | - | - | - | - |
| otherCurrentAssets | - | 318.98K | 333.83K | 3000 | 6000 | - |
| totalCurrentAssets | 3.45M | 2.92M | 2.57M | 877.69K | 1.02M | 533.48K |
| propertyPlantEquipmentNet | 1.3M | 816.28K | 768.95K | - | - | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | 403.08K | - | - | - |
| goodwillAndIntangibleAssets | - | - | 403.08K | - | - | - |
| longTermInvestments | 8250 | 7944 | 8153 | - | - | - |
| taxAssets | - | 324 | 43 | - | - | - |
| otherNonCurrentAssets | - | 413.83K | 403.12K | - | - | - |
| totalNonCurrentAssets | 1.31M | 1.24M | 1.18M | - | - | - |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 4.75M | 4.16M | 3.75M | 877.69K | 1.02M | 533.48K |
| totalPayables | 227.87K | 39296 | 24900 | 3357 | 4200 | 12600 |
| accountPayables | 155.05K | 39296 | 24900 | 3357 | 4200 | 12600 |
| otherPayables | 72821 | - | - | - | - | - |
| accruedExpenses | - | 254.47K | - | - | - | - |
| shortTermDebt | 76661 | 146.02K | 274.9K | - | - | - |
| capitalLeaseObligationsCurrent | - | 64787 | - | - | - | - |
| taxPayables | 71269 | 60483 | 3358 | 3357 | - | 644 |
| deferredRevenue | - | 514.9K | -274.9K | - | - | - |
| otherCurrentLiabilities | 1.31M | 442.36K | 566.05K | 21162 | 3949 | -247 |
| totalCurrentLiabilities | 1.61M | 1.46M | 890.75K | 21162 | 12349 | 24953 |
| longTermDebt | 551.09K | - | 591.46K | - | - | - |
| capitalLeaseObligationsNonCurrent | - | 550.66K | - | - | - | - |
| deferredRevenueNonCurrent | - | - | -12013 | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 8212 | 4991 | 12013 | - | - | - |
| otherNonCurrentLiabilities | 18491 | - | 12013 | - | - | - |
| totalNonCurrentLiabilities | 577.79K | 555.65K | 603.47K | - | - | - |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | - | 615.44K | - | - | - | - |
| totalLiabilities | 2.19M | 2.02M | 1.49M | 21162 | 12349 | 24953 |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 8192 | 8155 | 8155 | 7332 | 7332 | 7248 |
| retainedEarnings | -8.12M | -8.04M | -7.9M | -564.07K | -412.55K | -74773 |
| additionalPaidInCapital | - | 10.47M | - | - | - | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-08-31 | 2020-08-31 |
|---|---|---|---|---|---|---|
| netIncome | 199.61K | -143.58K | 19214 | -112.2K | -337.78K | -74773 |
| depreciationAndAmortization | 130.37K | 119.61K | 133.02K | - | - | - |
| deferredIncomeTax | 2906 | -7470 | 3912 | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - |
| changeInWorkingCapital | 445.9K | 398.66K | -417.28K | 6211.0 | -604 | 5704 |
| accountsReceivables | 185.42K | -119.19K | -412.82K | -1751.0 | 12000 | -18000 |
| inventory | - | - | - | - | - | - |
| accountsPayables | 113.1K | 13463 | 1176 | -4200.0 | -8400 | 12600 |
| otherWorkingCapital | 147.37K | 504.38K | -67793 | 12162.0 | -4204 | 11104 |
| otherNonCashItems | -274.92K | -24217 | -637 | -0.0 | - | - |
| netCashProvidedByOperatingActivities | 503.86K | 343K | -210.45K | -105.99K | -338.38K | -69069 |
| investmentsInPropertyPlantAndEquipment | -109.26K | -138.34K | -32479 | - | - | - |
| acquisitionsNet | - | -70790 | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | 11679 | - | -32479 | - | - | - |
| netCashProvidedByInvestingActivities | -97583 | -209.13K | -32479 | - | - | - |
| netDebtIssuance | 41819 | - | - | - | - | - |
| longTermNetDebtIssuance | 41819 | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - |
| netStockIssuance | 327.6K | - | - | - | - | - |
| netCommonStockIssuance | 327.6K | - | - | - | - | - |
| commonStockIssuance | 327.6K | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | -453.18K | -77401 | -63405 | - | 837.3K | 583.29K |
| netCashProvidedByFinancingActivities | -83761 | -77401 | -74578 | - | 837.3K | 583.29K |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 1.28M | 1.92M | 1.58M | 1.01M | 621.18K | 1.29M | 1.03M | 542.48K | 519.75K | 1.3M |
| costOfRevenue | 934.76K | 1.06M | 839.35K | 695.38K | 628.09K | 1.81M | 48773 | 66591 | 33834 | -42377 |
| grossProfit | 340.77K | 861.82K | 737.04K | 311.92K | -6913 | -521.59K | 983.59K | 475.88K | 485.92K | 1.34M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | 122.28K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | 63576 |
| sellingGeneralAndAdministrativeExpenses | 509.62K | 496.93K | 368.49K | 523.06K | 485.83K | -835.8K | 792.5K | 747.69K | 759.83K | 779.26K |
| otherExpenses | - | - | - | - | - | - | 191.09K | -271.81K | - | 4146 |
| operatingExpenses | 509.62K | 496.93K | 368.49K | 523.06K | 485.83K | -835.8K | 983.59K | 475.88K | 759.83K | 779.26K |
| costAndExpenses | 1.44M | 1.56M | 1.21M | 1.22M | 1.11M | 973.63K | 841.27K | 814.28K | 793.66K | 736.88K |
| netInterestIncome | - | - | - | - | - | - | - | - | - | -4919 |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - | - | - | - | 4919 |
| depreciationAndAmortization | 38068 | 31513 | 32580 | 18054 | 16623 | 16351 | 31116 | 28358 | 28032 | 7087 |
| ebitda | -74 | 366.85K | 401.12K | -193.08K | -476.12K | 330.56K | 222.21K | -243.45K | -9599 | 566.29K |
| ebit | - | 335.34K | 368.54K | -211.14K | -492.74K | 314.21K | 191.09K | -271.81K | - | 559.2K |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | -1.67M | - | - | - | - |
| operatingIncome | -74 | 334.86K | 368.54K | -211.14K | -492.74K | 49901 | 191.09K | -271.81K | -9599 | 559.2K |
| totalOtherIncomeExpensesNet | -165.08K | 31571 | 2378 | 2916 | 3281 | 33459 | -15187 | -13228 | -271.92K | 3994 |
| incomeBeforeTax | -165.16K | 366.43K | 370.92K | -208.22K | -489.46K | 347.67K | 175.9K | -285.04K | -281.52K | 563.2K |
| incomeTaxExpense | -177.74K | 159.94K | - | - | - | 118.99K | - | - | -284.92K | 126.12K |
| netIncomeFromContinuingOperations | 12586 | 206.49K | 370.92K | -208.22K | -489.46K | 228.68K | 175.9K | -285.04K | 3405 | 437.08K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 12586 | 214.79K | 9188 | -197.8K | -482.43K | 231.15K | 184.48K | -281.1K | 3405 | 437.52K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 12586 | 214.79K | 380.11K | -197.8K | -482.43K | 231.15K | 184.48K | -281.1K | 3405 | 437.52K |
| eps | 0.0 | 0.01 | 0.0 | -0.0 | -0.01 | 0.0 | 0.0 | -0.0 | 0.0 | 0.01 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 1.69M | 1.75M | 795.15K | 1.03M | 1.26M | 1.31M | 858.75K | 1.15M | 1.28M | 1.23M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 1.69M | 1.75M | 795.15K | 1.03M | 1.26M | 1.31M | 858.75K | 1.15M | 1.28M | 1.23M |
| netReceivables | 1.49M | 1.47M | 1.82M | 1.21M | 1.29M | 1.5M | 1.23M | 694.23K | 778.45K | 1.26M |
| accountsReceivables | - | 1.11M | 1.31M | 833.42K | 947.52K | 1.18M | 1.07M | 537.45K | - | - |
| otherReceivables | 379.05K | 364.45K | 513.85K | 379.02K | 338.54K | 318.98K | 37472 | 32690 | 778.45K | 1.26M |
| inventory | - | - | - | - | - | - | - | - | - | -253.28K |
| prepaids | - | 229.82K | 139.22K | 100.49K | 102.48K | 111.41K | 124.06K | 124.08K | - | - |
| otherCurrentAssets | 361.72K | - | - | - | - | - | - | - | 244.44K | 333.83K |
| totalCurrentAssets | 3.54M | 3.45M | 2.76M | 2.34M | 2.65M | 2.92M | 2.44M | 2.1M | 2.3M | 2.57M |
| propertyPlantEquipmentNet | 1.27M | 1.3M | 1.28M | 805.3K | 835.72K | 816.28K | 804.37K | 721.43K | 1.12M | 768.95K |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | 403.08K |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | 403.08K |
| longTermInvestments | - | 8250 | 8322 | 8317 | 8003 | 7944 | 38094 | 53634 | - | 8153 |
| taxAssets | - | - | 344 | 344 | 326 | 324 | 48 | 42 | 42 | 43 |
| otherNonCurrentAssets | 8196 | - | - | 439.6K | 417K | 413.83K | 448.48K | 392.19K | 33795 | 403.12K |
| totalNonCurrentAssets | 1.28M | 1.31M | 1.29M | 1.25M | 1.26M | 1.24M | 1.29M | 1.17M | 1.15M | 1.18M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 4.82M | 4.75M | 4.05M | 3.6M | 3.91M | 4.16M | 3.73M | 3.27M | 3.46M | 3.75M |
| totalPayables | 206.73K | 227.87K | 147.52K | 120.37K | 126K | 39296 | 278.52K | 282.6K | 262.64K | 24900 |
| accountPayables | 155.2K | 155.05K | 142.84K | 120.37K | 126K | 39296 | 47832 | 57355 | 26056 | 24900 |
| otherPayables | - | 72821 | 4680 | - | - | - | 230.68K | 225.25K | - | - |
| accruedExpenses | - | - | 187.71K | 178.64K | 274.3K | 254.47K | 261.56K | 291.69K | - | - |
| shortTermDebt | 85765 | 76661 | 57562 | 121.7K | 132.46K | 146.02K | - | -691 | 59469 | 274.9K |
| capitalLeaseObligationsCurrent | - | - | - | 56584 | 58891 | 64787 | 69238 | 59707 | - | - |
| taxPayables | 50106 | 71269 | 3358 | 3357 | 3357 | 60483 | 3358 | 3358 | 3358 | 3358 |
| deferredRevenue | - | - | 715.66K | 657.28K | 734.02K | 514.9K | 462.16K | 428.05K | - | -274.9K |
| otherCurrentLiabilities | 1.79M | 1.31M | 119.14K | 46670 | 5190 | 442.36K | 9681 | 7775 | 898.24K | 566.05K |
| totalCurrentLiabilities | 1.87M | 1.61M | 1.23M | 1.18M | 1.33M | 1.46M | 1.08M | 1.07M | 957.71K | 890.75K |
| longTermDebt | 528.64K | 551.09K | 519.27K | - | - | - | - | - | 559.44K | 591.46K |
| capitalLeaseObligationsNonCurrent | - | - | - | 533.71K | 574.82K | 550.66K | 614.69K | 552.99K | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | -12013 |
| deferredTaxLiabilitiesNonCurrent | 8230 | 8212 | 5305 | 5302 | 5029 | 4991 | 3684 | 3222 | 11671 | 12013 |
| otherNonCurrentLiabilities | - | 18491 | 31078 | - | - | - | - | - | - | 12013 |
| totalNonCurrentLiabilities | 536.87K | 577.79K | 555.65K | 539.02K | 579.85K | 555.65K | 618.37K | 556.21K | 571.11K | 603.47K |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | 590.3K | 633.72K | 615.44K | 683.93K | 612.69K | - | - |
| totalLiabilities | 2.41M | 2.19M | 1.78M | 1.72M | 1.91M | 2.02M | 1.7M | 1.63M | 1.53M | 1.49M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 8192 | 8192 | 8192 | 8192 | 8192 | 8155 | 8155 | 8155 | 8155 | 8155 |
| retainedEarnings | -8.28M | -8.12M | -8.34M | -8.72M | -8.52M | -8.04M | -8.27M | -8.46M | -8.17M | -7.9M |
| additionalPaidInCapital | - | - | - | 10.8M | 10.8M | 10.47M | 10.47M | 10.47M | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -165.16K | 1.46M | 353.47K | -197.8K | -482.43K | 231.15K | 184.48K | -281.1K | -278.11K | 437.52K |
| depreciationAndAmortization | 38068 | 31513 | 32580 | 32340 | 30730 | 32102 | 31116 | 28358 | 28032 | 7087 |
| deferredIncomeTax | - | 2906 | - | - | - | - | - | - | - | 3912 |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 15152 | 826.63K | -575.46K | -124.21K | 318.93K | 430.62K | -468.82K | 188.05K | 341.38K | -427.35K |
| accountsReceivables | -210K | 485.96K | -497.1K | 69809 | 126.75K | -38951 | 243.06K | 109.05K | 291.36K | -517.57K |
| inventory | - | - | - | - | - | - | - | - | - | 160.63K |
| accountsPayables | -189 | 14796 | 22671 | -10597 | 86234 | -4574 | -14988 | 31163 | 1862 | 1836 |
| otherWorkingCapital | 251.92K | 325.87K | -101.03K | -183.42K | 105.95K | 474.14K | -696.9K | 47833 | 79100 | -135.17K |
| otherNonCashItems | 83907 | -1.4M | 34888 | 78113 | 87622 | -93753 | -74456 | 8477 | - | -440 |
| netCashProvidedByOperatingActivities | -43183 | 915.09K | -154.52K | -211.56K | -45148 | 600.12K | -327.68K | -56212 | 126.78K | 71891 |
| investmentsInPropertyPlantAndEquipment | -114 | -43063 | -15245 | -20012 | -16258 | -104.19K | -11701 | -14442 | -8006 | -2159 |
| acquisitionsNet | - | -35317 | - | - | - | - | - | -35317 | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | 20750 | 133 | 181 | 11248 | - | - | - | - | -32479 |
| netCashProvidedByInvestingActivities | -114 | -57630 | -15112 | -19831 | -5010 | -104.19K | -11701 | -49759 | -8006 | -2159 |
| netDebtIssuance | - | 43024 | -1205 | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | 43024 | -1205 | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | 318.6K | - | - | 9000 | - | - | - | - | - |
| netCommonStockIssuance | - | 318.6K | - | - | 9000 | - | - | - | - | - |
| commonStockIssuance | - | 318.6K | - | - | 9000 | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -23867 | -344.85K | -64596 | -27708 | -16026 | -22115 | -13490 | -22969 | -43479 | -16064 |
| netCashProvidedByFinancingActivities | -23867 | 16774 | -65801 | -27708 | -7026 | -22115 | -13490 | -22969 | -43479 | -18832 |