ASF Group (AFA.AX) Stock Price

ASF Group Price

ASX·CLOSED
0.06AUD+0.00 (+0.00 %)
Market closed

Revenue at ASF Group has contracted by 7.4% per year over the past 19 years to 799,700.00 AUD. Earnings per share have declined at 1.7% per year over the last 19 years. ASF Group's net margin stands at 3,228.5%, up from -211.4% several years earlier. The stock trades about 2,067% above its 52-week low.

ASF Group stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of ASF Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ASF Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ASF Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ASF Group Stock Price History
DateASF Group Price
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Access this data via the Eulerpool API

ASF Group Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
1.49 M AUD
-11.77 M AUD
-631,000.00 AUD
Jan 1, 2019
1.47 M AUD
-8.81 M AUD
-2.96 M AUD
Jan 1, 2020
4.34 M AUD
-3.46 M AUD
-5.95 M AUD
Jan 1, 2021
1.53 M AUD
-2.32 M AUD
-3.23 M AUD
Jan 1, 2022
2.20 M AUD
-1.80 M AUD
-4.06 M AUD
Jan 1, 2023
976,000.00 AUD
-6.43 M AUD
-11.55 M AUD
Jan 1, 2024
2.69 M AUD
-2.98 M AUD
-9.29 M AUD
Jan 1, 2025
799,700.00 AUD
-3.57 M AUD
25.82 M AUD

ASF Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 13, 2026, 3:42 AM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
NET INCOMEM AUD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
4.001.001.002.001.001.001.004.001.002.002.00
-75.00100.00300.00-75.00100.00
50.00100.00100.00100.00100.00100.00100.00100.00100.0050.0050.00
1.002.001.001.002.001.001.001.001.001.004.001.001.001.001.001.00
-2.00-1.0021.00-30.00-14.00-15.00-19.00-2.00-5.00-3.00-4.00-11.00-9.0025.00
-60.00-50.00-2,200.00-242.867.1426.67150.00-40.0033.33175.00-18.18-377.78
300.52342.54342.71344.60402.98562.57611.43604.05677.87726.94792.93792.79792.69792.49792.40792.40
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ASF Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ASF Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ASF Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ASF Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ASF Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ASF Group stock margins

The ASF Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ASF Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ASF Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
65.57 %
-788.41 %
-42.26 %
Jan 1, 2019
65.90 %
-598.23 %
-201.29 %
Jan 1, 2020
93.34 %
-79.83 %
-137.07 %
Jan 1, 2021
74.95 %
-151.93 %
-211.45 %
Jan 1, 2022
57.36 %
-81.86 %
-184.64 %
Jan 1, 2023
82.48 %
-658.91 %
-1,182.89 %
Jan 1, 2024
58.65 %
-110.82 %
-345.56 %
Jan 1, 2025
86.75 %
-446.50 %
3,228.47 %

ASF Group Stock Revenue, EBIT, Earnings per Share

The ASF Group earnings per share therefore indicates how much revenue ASF Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
0.00 AUD
-0.02 AUD
-0.00 AUD
Jan 1, 2019
0.00 AUD
-0.01 AUD
-0.00 AUD
Jan 1, 2020
0.01 AUD
-0.00 AUD
-0.01 AUD
Jan 1, 2021
0.00 AUD
-0.00 AUD
-0.00 AUD
Jan 1, 2022
0.00 AUD
-0.00 AUD
-0.01 AUD
Jan 1, 2023
0.00 AUD
-0.01 AUD
-0.01 AUD
Jan 1, 2024
0.00 AUD
-0.00 AUD
-0.01 AUD
Jan 1, 2025
0.00 AUD
-0.00 AUD
0.03 AUD

ASF Group business model & stock analysis

ASF Group Ltd was founded in Hong Kong in 2005 and is a comprehensive investment and financial services company focusing on international markets. The company is listed on both the Hong Kong and Australian stock exchanges. Business model: The business model of ASF Group Ltd is based on providing top-notch investment and financial services to clients on an international level. The company focuses on various industries and sectors such as mining, real estate, agriculture, tourism, and infrastructure projects. Divisions: The company is divided into several divisions, including: 1. Mining: ASF Group Ltd has extensive experience in the mining industry and specializes in the development of resource projects and trading of commodities such as iron ore and coal. 2. Real Estate: ASF Group Ltd operates in the real estate industry and invests in high-quality properties in Hong Kong and other global locations. The company offers customized solutions for clients, including financing and investment management services. 3. Agriculture: The company invests in agricultural projects to ensure food security while achieving long-term returns for investors. 4. Tourism: ASF Group Ltd offers tourism services and invests in tourism projects and infrastructure to promote the growth and development of the tourism industry. 5. Infrastructure: The company invests in infrastructure projects, including roads, bridges, and airports, to support economic growth and development. Products: ASF Group Ltd offers a wide range of products and services, including: 1. Investment management: The company provides consulting and investment management services to clients to optimize their portfolios. 2. Asset management: ASF Group Ltd manages assets on behalf of clients and offers them a wide range of investment strategies and solutions. 3. Financing: The company provides financing solutions to clients, including loans and equity participation. 4. Trading: ASF Group Ltd is engaged in the trading of commodities such as coal and iron ore, as well as other selected products. Conclusion: ASF Group Ltd has emerged as a leading company in the international financing and investment industry in recent years. With a wide range of products and services, extensive experience in various industries, and a dedicated team of experienced professionals, the company has established itself as a trusted partner for clients worldwide.

ASF Group SWOT Analysis

Strengths

ASF Group Ltd has a diverse portfolio of assets and investments, providing a strong foundation for growth and profitability.

The company has a strong global presence and extensive industry experience, enabling it to access international markets and opportunities.

ASF Group Ltd has a well-established network of partners and collaborators, fostering strategic alliances and enhancing its competitive advantage in the market.

Weaknesses

ASF Group Ltd might be prone to market volatility and fluctuations due to its exposure to various industries and sectors.

The company's financial performance could be affected by external factors such as changes in government policies or economic conditions.

ASF Group Ltd may face challenges in maintaining a balance between its diverse range of assets and investments, requiring efficient resource allocation and management.

Opportunities

ASF Group Ltd can capitalize on the growing demand for infrastructure development worldwide, leveraging its expertise and resources to participate in major projects.

The company can explore new markets and sectors, diversifying its portfolio and mitigating potential risks associated with specific industries.

ASF Group Ltd has the opportunity to leverage technological advancements and innovative solutions in its operations, enhancing efficiency and competitiveness.

Threats

ASF Group Ltd may face intense competition from other players in the market, requiring continuous innovation and differentiation to maintain its market position.

The company might be affected by geopolitical risks and uncertainties, including trade disputes, regulatory changes, or political instability in the countries where it operates.

ASF Group Ltd might face challenges in attracting and retaining skilled talent, hindering its ability to execute growth strategies effectively.

ASF Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ASF Group historical P/E ratio, EBIT multiple, and P/S ratio

ASF Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ASF Group shares outstanding

The number of shares of ASF Group was 792.4 M in 2025. This indicates how many shares ASF Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
677.87 M Stocks
Jan 1, 2019
726.94 M Stocks
Jan 1, 2020
792.93 M Stocks
Jan 1, 2021
792.79 M Stocks
Jan 1, 2022
792.69 M Stocks
Jan 1, 2023
792.49 M Stocks
Jan 1, 2024
792.40 M Stocks
Jan 1, 2025
792.40 M Stocks

ASF Group stock splits

In ASF Group's history, there have been no stock splits.
Price targets and forecasts for ASF Group are not yet available.

ASF Group shareholder structure

% Name
10.96852%
FY Holdings Ltd.
FY Holdings Ltd.
9.65860%
Bright Fund Management Limited
Bright Fund Management Limited
5.80517%
Zhang (Tianyao)
Zhang (Tianyao)
5.65477%
Ho (Wai Sang)
Ho (Wai Sang)
4.97414%
He (Weicheng)
He (Weicheng)
4.94885%
Rising Gain Holdings Limted.
Rising Gain Holdings Limted.

ASF Group Executives and Management Board

CK

Mr. Chi Yuen Kuan

Executive Director, Company Secretary · since 2010

Compensation190,013.00 AUD
MY

Ms. Min Yang

Executive Chairman of the Board · since 2005

Compensation173,452.00 AUD
PB

Pol. Capt. Geoffrey Baker

Non-Executive Director

Compensation147,609.00 AUD
QF

Mr. Quan Fang

Executive Director

Compensation124,682.00 AUD
LC

Mr. Li Chien

Non-Executive Director

Compensation123,400.00 AUD

ASF Group Supply Chain

ASF Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#Name1M3M6M1Y2YTrend
1
Everbright Securities H
Supplier
0.12
0.43
2
-0.28
-0.52
3
0.03
-0.07

Frequently asked questions about ASF Group

ASF Group Ltd is a diversified investment and trading firm headquartered in Australia. The business model of ASF Group Ltd involves identifying and executing investment opportunities across multiple sectors, including resources, property, infrastructure, and financial services. By leveraging its extensive network and industry expertise, ASF Group Ltd seeks to maximize value for its shareholders through strategic investments, partnerships, and acquisitions. With a focus on long-term growth and risk-adjusted returns, ASF Group Ltd plays an active role in supporting and nurturing its investee companies, fostering business synergies and driving sustainable profitability.