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Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and BELDEN INC. (BDC). Click either name above to swap in a different company.

BELDEN INC. is the larger business by last-quarter revenue ($720.1M vs $225.3M, roughly 3.2× ASIA PACIFIC WIRE & CABLE CORP LTD).

Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

APWC vs BDC — Head-to-Head

Bigger by revenue
BDC
BDC
3.2× larger
BDC
$720.1M
$225.3M
APWC

Income Statement — Q2 2022 vs Q4 2025

Metric
APWC
APWC
BDC
BDC
Revenue
$225.3M
$720.1M
Net Profit
$67.9M
Gross Margin
7.9%
36.6%
Operating Margin
2.2%
12.2%
Net Margin
9.4%
Revenue YoY
8.1%
Net Profit YoY
16.3%
EPS (diluted)
$1.70

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APWC
APWC
BDC
BDC
Q4 25
$720.1M
Q3 25
$698.2M
Q2 25
$672.0M
Q1 25
$624.9M
Q4 24
$666.0M
Q3 24
$654.9M
Q2 24
$604.3M
Q1 24
$535.7M
Net Profit
APWC
APWC
BDC
BDC
Q4 25
$67.9M
Q3 25
$56.7M
Q2 25
$61.0M
Q1 25
$51.9M
Q4 24
$58.4M
Q3 24
$53.7M
Q2 24
$49.0M
Q1 24
$37.3M
Gross Margin
APWC
APWC
BDC
BDC
Q4 25
36.6%
Q3 25
37.7%
Q2 25
38.5%
Q1 25
39.3%
Q4 24
37.5%
Q3 24
37.3%
Q2 24
37.5%
Q1 24
37.6%
Operating Margin
APWC
APWC
BDC
BDC
Q4 25
12.2%
Q3 25
10.9%
Q2 25
11.8%
Q1 25
11.6%
Q4 24
10.4%
Q3 24
11.5%
Q2 24
11.4%
Q1 24
9.9%
Net Margin
APWC
APWC
BDC
BDC
Q4 25
9.4%
Q3 25
8.1%
Q2 25
9.1%
Q1 25
8.3%
Q4 24
8.8%
Q3 24
8.2%
Q2 24
8.1%
Q1 24
7.0%
EPS (diluted)
APWC
APWC
BDC
BDC
Q4 25
$1.70
Q3 25
$1.41
Q2 25
$1.53
Q1 25
$1.27
Q4 24
$1.41
Q3 24
$1.30
Q2 24
$1.19
Q1 24
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APWC
APWC
BDC
BDC
Cash + ST InvestmentsLiquidity on hand
$389.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
Total Assets
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
BDC
BDC
Q4 25
$389.9M
Q3 25
$314.3M
Q2 25
$301.5M
Q1 25
$259.0M
Q4 24
$370.3M
Q3 24
$323.0M
Q2 24
$564.8M
Q1 24
$506.8M
Stockholders' Equity
APWC
APWC
BDC
BDC
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
APWC
APWC
BDC
BDC
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.5B
Q1 24
$3.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APWC
APWC
BDC
BDC
Operating Cash FlowLast quarter
$160.4M
Free Cash FlowOCF − Capex
$121.3M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
2.36×
TTM Free Cash FlowTrailing 4 quarters
$218.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
BDC
BDC
Q4 25
$160.4M
Q3 25
$105.0M
Q2 25
$82.0M
Q1 25
$7.4M
Q4 24
$174.7M
Q3 24
$91.7M
Q2 24
$83.0M
Q1 24
$2.7M
Free Cash Flow
APWC
APWC
BDC
BDC
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
Q1 24
$-21.5M
FCF Margin
APWC
APWC
BDC
BDC
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Q1 24
-4.0%
Capex Intensity
APWC
APWC
BDC
BDC
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Q1 24
4.5%
Cash Conversion
APWC
APWC
BDC
BDC
Q4 25
2.36×
Q3 25
1.85×
Q2 25
1.34×
Q1 25
0.14×
Q4 24
2.99×
Q3 24
1.71×
Q2 24
1.69×
Q1 24
0.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

BDC
BDC

Automation Solutions Segment$397.7M55%
Broadband Solutions$164.8M23%
Smart Buildings Solutions$157.7M22%

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