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ASIA PPTYS INC (ASPZ) Financials

ASPZ
FY2025 annual
Revenue $59K -90.4% YoY
Net Income -$551K +66.2% YoY
EPS (Diluted) $0.00 YoY not available
Operating Cash Flow -$336K +2.8% YoY
Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Currency USD FYE December

Newest figures come from the 10-K for Q1 FY2026, filed May 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ASPZ SEC filings page.

ASIA PPTYS INC (ASPZ) reported $59K in revenue for fiscal year 2025, down 90.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ASPZ FY2026

The business is shrinking sharply while its balance sheet remains asset-heavy, so reported scale has not translated into operating earnings.

Cash conversion improved only superficially: the latest operating cash outflow was $336K, far smaller than the $551K net loss, but revenue also fell to $59K from $617K in the earlier reported period. That combination points to reduced activity and lower reported expenses rather than demonstrated profitability.

The cost structure overwhelms current revenue. Gross profit equals reported revenue, yet operating expenses produced a -956.9% operating margin in the latest period; the preceding period was also deeply loss-making, indicating that the problem is operating scale rather than gross production costs.

The balance sheet is dominated by goodwill of $15.8M against total assets of $21.7M, while liabilities are only $15K and the current ratio is 3.7x. This makes the company lightly indebted on reported figures, but its reported liquidity measure was only 0.7 months of the latest annual operating outflow, so asset composition and near-term resources tell different stories.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

ASIA PPTYS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe
1091.65

ASIA PPTYS INC scores 1091.65, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($27.3M) relative to total liabilities ($15K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
2/6

ASIA PPTYS INC passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing
N/A

ASIA PPTYS INC reported a net loss of $551K while operations used $336K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$85K
YoY-267.0%

ASIA PPTYS INC reported -$85K in net income in Q1 2026. This represents a decrease of 267.0% from the same quarter a year earlier.

Revenue

Not reported for Q1 2026.

EBITDA

Not reported for Q1 2026.

EPS (Diluted)

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt
$135K
YoY-37.9%
QoQ+593.9%
5Y CAGR+121.2%

ASIA PPTYS INC held $135K in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding
737M
QoQ0.0%

ASIA PPTYS INC had 737M shares outstanding in Q1 2026. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Return on Equity
-0.4%
YoY-0.3pp

ASIA PPTYS INC's ROE was -0.4% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the same quarter a year earlier.

Gross Margin

Not reported for Q1 2026.

Operating Margin

Not reported for Q1 2026.

Net Margin

Not reported for Q1 2026.

Capital Allocation

None of these metrics is reported for Q1 2026.

ASPZ Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPZ quarterly income statement
MetricQ1'2610-KQ4'2510-KQ1'2510-KQ4'2410-KQ3'17Q2'17Q1'17Q4'16
RevenueN/AN/A$150N/AN/AN/AN/AN/A
Gross ProfitN/AN/A$150N/AN/AN/AN/AN/A
SG&A Expenses$85K+264.7%N/A$23KN/AN/AN/AN/AN/A
Net Income-$85K-267.0%N/A-$23KN/AN/AN/AN/AN/A

Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

ASPZ Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPZ quarterly balance sheet
MetricQ1'2610-KQ4'2510-KQ1'2510-KQ4'2410-KQ3'17Q2'17Q1'17Q4'16
Total Assets$21.9M-1.9%$21.7M-2.2%$22.3M$22.2M$2K-27.1%$3K+63.2%$599-33.7%$362-57.0%
Current Assets$171K-21.0%$56K-68.2%$217K$176KN/AN/AN/AN/A
Cash & Equivalents$135K-37.9%$19K-89.0%$217K$176K$2K-27.1%$3K+63.2%$599-33.7%$362-57.0%
Accounts Receivable$37K$37K-79.2%N/A$176KN/AN/AN/AN/A
Goodwill$15.8M0.0%$15.8M0.0%$15.8M$15.8MN/AN/AN/AN/A
Total Liabilities$215K-4.0%$15K-90.6%$224K$160K$421K+40.3%$382K+30.8%$344K+20.8%$310K+11.1%
Current Liabilities$215K-4.0%$15K$224KN/A$421K+40.3%$382K+30.8%$344K+20.8%$310K+11.1%
Non-Current Liabilities$0$0$0N/A$0$0$0$0
Total Equity$21.6M-1.9%$21.7M-1.6%$22.1M$22.1M-$419K-41.0%-$379K-30.6%-$344K-21.0%-$309K-11.4%
Retained Earnings-$8.9M-7.4%-$8.8M-6.7%-$8.2M-$8.2M-$6.2M-2.0%-$6.1M-1.5%-$6.1M-1.0%-$6.0M-0.5%

Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Long-Term Debt.

ASPZ Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPZ quarterly cash flow statement
MetricQ1'2610-KQ4'2510-KQ1'2510-KQ4'2410-KQ3'17Q2'17Q1'17Q4'16
Operating Cash Flow$115K+182.8%N/A$41KN/A$5K+238.6%$10K+378.9%N/AN/A
Depreciation & Amortization$0N/AN/AN/AN/AN/AN/AN/A
Financing Cash FlowN/AN/AN/AN/A-$6K-229.3%-$8K-272.0%N/AN/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

ASPZ Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ASPZ quarterly financial ratios
MetricQ1'2610-KQ4'2510-KQ1'2510-KQ4'2410-KQ3'17Q2'17Q1'17Q4'16
Gross MarginN/AN/A100.0%N/AN/AN/AN/AN/A
Net MarginN/AN/A-15376.7%N/AN/AN/AN/AN/A
Return on Equity-0.4%-0.3ppN/A-0.1%N/AN/AN/AN/AN/A
Return on Assets-0.4%-0.3ppN/A-0.1%N/AN/AN/AN/AN/A
Current Ratio0.80-0.2x3.730.97N/AN/AN/AN/AN/A
Debt-to-Equity0.010.0x0.000.0x0.010.01N/AN/AN/AN/A
Asset TurnoverN/AN/A0.00N/AN/AN/AN/AN/A

Not reported in any period shown, so not listed: Operating Margin, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
ASIA PPTYS INC ASPZ FY2025 $59K -$551K N/A $27.3M —
HNO INTERNATIONAL INC HNOI FY2025 $66K -$6.6M N/A $4.2M —
NEWHYDROGEN INC NEWH FY2025 N/A -$2.8M N/A $23.0M —

Frequently Asked Questions

What is ASIA PPTYS INC's annual revenue?

ASIA PPTYS INC (ASPZ) reported $59K in total revenue for fiscal year 2025. This represents a -90.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ASIA PPTYS INC's revenue growing?

ASIA PPTYS INC (ASPZ) revenue declined by 90.4% year-over-year, from $617K to $59K in fiscal year 2025.

Is ASIA PPTYS INC profitable?

No, ASIA PPTYS INC (ASPZ) reported a net income of -$551K in fiscal year 2025.

ASIA PPTYS INC (ASPZ) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ASIA PPTYS INC (ASPZ) had EBITDA of -$566K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

ASIA PPTYS INC (ASPZ) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

ASIA PPTYS INC (ASPZ) has a return on equity of -2.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

ASIA PPTYS INC (ASPZ) recorded an outflow of $336K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

ASIA PPTYS INC (ASPZ) had $21.7M in total assets as of fiscal year 2025, including both current and long-term assets.

ASIA PPTYS INC (ASPZ) had 737M shares outstanding as of fiscal year 2025.

ASIA PPTYS INC (ASPZ) had a current ratio of 3.73 as of fiscal year 2025, which is generally considered healthy.

ASIA PPTYS INC (ASPZ) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

ASIA PPTYS INC (ASPZ) had a return on assets of -2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

At the end of fiscal year 2025, ASIA PPTYS INC (ASPZ) held $19K in cash, cash equivalents and investments, and reported an operating cash outflow of $336K over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

ASIA PPTYS INC (ASPZ) has an Altman Z-Score of 1091.65, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

ASIA PPTYS INC (ASPZ) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

ASIA PPTYS INC (ASPZ) reported a net loss of $551K while operations used $336K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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