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Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and MACH NATURAL RESOURCES LP (MNR). Click either name above to swap in a different company.

MACH NATURAL RESOURCES LP is the larger business by last-quarter revenue ($387.5M vs $225.3M, roughly 1.7× 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.

Mach Natural Resources LP is a US-based upstream energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. Its core operations are located in onshore US hydrocarbon basins including the Permian Basin, prioritizing low-cost, high-yield assets to drive sustainable returns for stakeholders.

APWC vs MNR — Head-to-Head

Bigger by revenue
MNR
MNR
1.7× larger
MNR
$387.5M
$225.3M
APWC

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
APWC
APWC
MNR
MNR
Revenue
$225.3M
$387.5M
Net Profit
$73.1M
Gross Margin
7.9%
Operating Margin
2.2%
26.1%
Net Margin
18.9%
Revenue YoY
65.0%
Net Profit YoY
100.2%
EPS (diluted)
$0.47

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
MNR
MNR
Q4 25
$387.5M
Q3 25
$272.6M
Q2 25
$288.5M
Q1 25
$226.8M
Q4 24
$234.9M
Q3 24
$255.5M
Q2 24
$240.0M
Q1 24
$239.2M
Net Profit
APWC
APWC
MNR
MNR
Q4 25
$73.1M
Q3 25
$-35.7M
Q2 25
$89.7M
Q1 25
$15.9M
Q4 24
$36.5M
Q3 24
$67.4M
Q2 24
$39.5M
Q1 24
$41.7M
Operating Margin
APWC
APWC
MNR
MNR
Q4 25
26.1%
Q3 25
-7.0%
Q2 25
38.6%
Q1 25
22.8%
Q4 24
24.9%
Q3 24
37.1%
Q2 24
29.4%
Q1 24
28.1%
Net Margin
APWC
APWC
MNR
MNR
Q4 25
18.9%
Q3 25
-13.1%
Q2 25
31.1%
Q1 25
7.0%
Q4 24
15.5%
Q3 24
26.4%
Q2 24
16.5%
Q1 24
17.4%
EPS (diluted)
APWC
APWC
MNR
MNR
Q4 25
$0.47
Q3 25
$-0.28
Q2 25
$0.76
Q1 25
$0.14
Q4 24
$0.34
Q3 24
$0.70
Q2 24
$0.42
Q1 24
$0.44

Balance Sheet & Financial Strength

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

Metric
APWC
APWC
MNR
MNR
Cash + ST InvestmentsLiquidity on hand
$42.6M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
MNR
MNR
Q4 25
$42.6M
Q3 25
$53.6M
Q2 25
$13.8M
Q1 25
$7.8M
Q4 24
$105.8M
Q3 24
$184.5M
Q2 24
$144.6M
Q1 24
$151.3M
Total Assets
APWC
APWC
MNR
MNR
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.2B
Q1 24
$2.3B

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
MNR
MNR
Operating Cash FlowLast quarter
$128.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
MNR
MNR
Q4 25
$128.7M
Q3 25
$105.5M
Q2 25
$130.1M
Q1 25
$142.5M
Q4 24
$133.7M
Q3 24
$110.8M
Q2 24
$116.8M
Q1 24
$144.0M
Cash Conversion
APWC
APWC
MNR
MNR
Q4 25
1.76×
Q3 25
Q2 25
1.45×
Q1 25
8.97×
Q4 24
3.66×
Q3 24
1.64×
Q2 24
2.96×
Q1 24
3.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

MNR
MNR

Oil Gas And Natural Gas Liquids Net$331.0M85%
Natural Gas Liquids Reserves$44.8M12%
Natural Gas Midstream$8.6M2%
Products$6.3M2%

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