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

ASIA PACIFIC WIRE & CABLE CORP LTD is the larger business by last-quarter revenue ($225.3M vs $202.7M, roughly 1.1× U S PHYSICAL THERAPY INC).

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.

U.S. Physical Therapy Inc. operates hundreds of outpatient physical therapy clinics across the U.S. It offers rehabilitative care for patients recovering from injuries, surgeries, chronic pain and mobility impairments, plus specialized services including sports medicine and pediatric rehabilitation.

APWC vs USPH — Head-to-Head

Bigger by revenue
APWC
APWC
1.1× larger
APWC
$225.3M
$202.7M
USPH

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
APWC
APWC
USPH
USPH
Revenue
$225.3M
$202.7M
Net Profit
$4.2M
Gross Margin
7.9%
19.8%
Operating Margin
2.2%
8.3%
Net Margin
2.0%
Revenue YoY
12.3%
Net Profit YoY
-55.1%
EPS (diluted)
$-0.44

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
USPH
USPH
Q4 25
$202.7M
Q3 25
$197.1M
Q2 25
$197.3M
Q1 25
$183.8M
Q4 24
$180.4M
Q3 24
$168.0M
Q2 24
$167.2M
Q1 24
$155.7M
Net Profit
APWC
APWC
USPH
USPH
Q4 25
$4.2M
Q3 25
$13.1M
Q2 25
$12.4M
Q1 25
$9.9M
Q4 24
$9.2M
Q3 24
$6.6M
Q2 24
$7.5M
Q1 24
$8.0M
Gross Margin
APWC
APWC
USPH
USPH
Q4 25
19.8%
Q3 25
18.7%
Q2 25
21.1%
Q1 25
16.9%
Q4 24
18.0%
Q3 24
17.3%
Q2 24
20.3%
Q1 24
18.2%
Operating Margin
APWC
APWC
USPH
USPH
Q4 25
8.3%
Q3 25
12.8%
Q2 25
12.6%
Q1 25
10.7%
Q4 24
10.9%
Q3 24
7.6%
Q2 24
9.3%
Q1 24
9.6%
Net Margin
APWC
APWC
USPH
USPH
Q4 25
2.0%
Q3 25
6.7%
Q2 25
6.3%
Q1 25
5.4%
Q4 24
5.1%
Q3 24
3.9%
Q2 24
4.5%
Q1 24
5.2%
EPS (diluted)
APWC
APWC
USPH
USPH
Q4 25
$-0.44
Q3 25
$0.48
Q2 25
$0.58
Q1 25
$0.80
Q4 24
$0.52
Q3 24
$0.39
Q2 24
$0.47
Q1 24
$0.46

Balance Sheet & Financial Strength

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

Metric
APWC
APWC
USPH
USPH
Cash + ST InvestmentsLiquidity on hand
$35.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$476.4M
Total Assets
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
USPH
USPH
Q4 25
$35.6M
Q3 25
$31.1M
Q2 25
$34.1M
Q1 25
$39.2M
Q4 24
$41.4M
Q3 24
$117.0M
Q2 24
$112.9M
Q1 24
$132.3M
Stockholders' Equity
APWC
APWC
USPH
USPH
Q4 25
$476.4M
Q3 25
$503.6M
Q2 25
$500.8M
Q1 25
$497.3M
Q4 24
$488.9M
Q3 24
$482.8M
Q2 24
$484.6M
Q1 24
$479.8M
Total Assets
APWC
APWC
USPH
USPH
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B

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
USPH
USPH
Operating Cash FlowLast quarter
$24.9M
Free Cash FlowOCF − Capex
$21.0M
FCF MarginFCF / Revenue
10.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
6.00×
TTM Free Cash FlowTrailing 4 quarters
$61.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
USPH
USPH
Q4 25
$24.9M
Q3 25
$19.9M
Q2 25
$34.9M
Q1 25
$-4.7M
Q4 24
$19.4M
Q3 24
$22.1M
Q2 24
$29.0M
Q1 24
$4.4M
Free Cash Flow
APWC
APWC
USPH
USPH
Q4 25
$21.0M
Q3 25
$15.6M
Q2 25
$31.6M
Q1 25
$-7.3M
Q4 24
$16.9M
Q3 24
$19.6M
Q2 24
$26.7M
Q1 24
$2.6M
FCF Margin
APWC
APWC
USPH
USPH
Q4 25
10.4%
Q3 25
7.9%
Q2 25
16.0%
Q1 25
-3.9%
Q4 24
9.4%
Q3 24
11.7%
Q2 24
15.9%
Q1 24
1.7%
Capex Intensity
APWC
APWC
USPH
USPH
Q4 25
1.9%
Q3 25
2.2%
Q2 25
1.6%
Q1 25
1.4%
Q4 24
1.4%
Q3 24
1.5%
Q2 24
1.4%
Q1 24
1.2%
Cash Conversion
APWC
APWC
USPH
USPH
Q4 25
6.00×
Q3 25
1.52×
Q2 25
2.81×
Q1 25
-0.47×
Q4 24
2.10×
Q3 24
3.34×
Q2 24
3.86×
Q1 24
0.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

USPH
USPH

Net Patient Revenues$169.7M84%
Industrial Injury Prevention Services Revenues$28.9M14%
Management Contract Revenues$2.3M1%

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