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

SAFETY INSURANCE GROUP INC is the larger business by last-quarter revenue ($319.3M vs $225.3M, roughly 1.4× 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.

Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. Nationwide currently has approximately 24,000 employees, and is ranked No. 72 in the 2025 Fortune 500 list.

APWC vs SAFT — Head-to-Head

Bigger by revenue
SAFT
SAFT
1.4× larger
SAFT
$319.3M
$225.3M
APWC

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
APWC
APWC
SAFT
SAFT
Revenue
$225.3M
$319.3M
Net Profit
$20.1M
Gross Margin
7.9%
Operating Margin
2.2%
8.0%
Net Margin
6.3%
Revenue YoY
11.4%
Net Profit YoY
147.3%
EPS (diluted)
$1.36

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
SAFT
SAFT
Q4 25
$319.3M
Q3 25
$326.6M
Q2 25
$316.3M
Q1 25
$301.4M
Q4 24
$286.7M
Q3 24
$295.3M
Q2 24
$269.8M
Q1 24
$268.2M
Net Profit
APWC
APWC
SAFT
SAFT
Q4 25
$20.1M
Q3 25
$28.3M
Q2 25
$28.9M
Q1 25
$21.9M
Q4 24
$8.1M
Q3 24
$25.9M
Q2 24
$16.6M
Q1 24
$20.1M
Operating Margin
APWC
APWC
SAFT
SAFT
Q4 25
8.0%
Q3 25
11.1%
Q2 25
11.6%
Q1 25
9.4%
Q4 24
3.5%
Q3 24
11.1%
Q2 24
7.9%
Q1 24
9.5%
Net Margin
APWC
APWC
SAFT
SAFT
Q4 25
6.3%
Q3 25
8.7%
Q2 25
9.1%
Q1 25
7.3%
Q4 24
2.8%
Q3 24
8.8%
Q2 24
6.2%
Q1 24
7.5%
EPS (diluted)
APWC
APWC
SAFT
SAFT
Q4 25
$1.36
Q3 25
$1.91
Q2 25
$1.95
Q1 25
$1.48
Q4 24
$0.56
Q3 24
$1.73
Q2 24
$1.13
Q1 24
$1.36

Balance Sheet & Financial Strength

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

Metric
APWC
APWC
SAFT
SAFT
Cash + ST InvestmentsLiquidity on hand
$73.9M
Total DebtLower is stronger
$50.0M
Stockholders' EquityBook value
$892.3M
Total Assets
$2.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
SAFT
SAFT
Q4 25
$73.9M
Q3 25
$56.2M
Q2 25
$49.4M
Q1 25
$64.7M
Q4 24
$59.0M
Q3 24
$82.3M
Q2 24
$44.6M
Q1 24
$30.8M
Total Debt
APWC
APWC
SAFT
SAFT
Q4 25
$50.0M
Q3 25
$30.0M
Q2 25
$30.0M
Q1 25
$30.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
APWC
APWC
SAFT
SAFT
Q4 25
$892.3M
Q3 25
$899.6M
Q2 25
$873.3M
Q1 25
$850.7M
Q4 24
$828.5M
Q3 24
$851.4M
Q2 24
$810.2M
Q1 24
$807.1M
Total Assets
APWC
APWC
SAFT
SAFT
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.2B
Q1 24
$2.1B
Debt / Equity
APWC
APWC
SAFT
SAFT
Q4 25
0.06×
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.04×
Q4 24
Q3 24
Q2 24
Q1 24

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
SAFT
SAFT
Operating Cash FlowLast quarter
$194.5M
Free Cash FlowOCF − Capex
$192.0M
FCF MarginFCF / Revenue
60.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
9.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
SAFT
SAFT
Q4 25
$194.5M
Q3 25
$85.5M
Q2 25
$32.3M
Q1 25
$3.2M
Q4 24
$128.7M
Q3 24
$73.8M
Q2 24
$25.6M
Q1 24
$-21.1M
Free Cash Flow
APWC
APWC
SAFT
SAFT
Q4 25
$192.0M
Q3 25
Q2 25
$32.3M
Q1 25
$2.8M
Q4 24
$124.3M
Q3 24
$73.2M
Q2 24
$25.0M
Q1 24
$-24.2M
FCF Margin
APWC
APWC
SAFT
SAFT
Q4 25
60.1%
Q3 25
Q2 25
10.2%
Q1 25
0.9%
Q4 24
43.4%
Q3 24
24.8%
Q2 24
9.3%
Q1 24
-9.0%
Capex Intensity
APWC
APWC
SAFT
SAFT
Q4 25
0.8%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
1.5%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
1.1%
Cash Conversion
APWC
APWC
SAFT
SAFT
Q4 25
9.67×
Q3 25
3.02×
Q2 25
1.12×
Q1 25
0.14×
Q4 24
15.83×
Q3 24
2.85×
Q2 24
1.54×
Q1 24
-1.05×

Financial Flow Comparison

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

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