Company Summary
AAV ASIA AVIATION PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETTHSI
CG Report:   
 
  Data as of 15 Oct 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
2.98 3.32 / 1.40 N/A 1.34 485.00 14,453.00 68,001.21 -3,553.08 -13.67
News
Date/Time Subject
30 Aug 2021 17:09   Thai AirAsia to resume domestic service
13 Aug 2021 20:48   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2021
13 Aug 2021 20:46   Financial Performance Quarter 2 (F45) (Reviewed)
13 Aug 2021 20:42   Financial Statement Quarter 2/2021 (Reviewed)
03 Aug 2021 12:31   Extension of Period for Temporary Suspension of Thai AirAsia Domestic Flights
more

Company Profile
Address 222, Don Mueang International Airport, 3rd Fl., Central Office Bldg., Room no. 3200, Vibhavadee Rangsit Road, Don Mueang, Bangkok 10210
Telephone 0-2562-5700
Fax 0-2562-5705
URL http://www.aavplc.com
  Annual Report 2020
Establish Date 14/2/2006 Listed Date 31/05/2012
IPO Price (Baht) 3.70 @Par0.10 Baht
IPO Financial Advisory
  • THANACHART SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 0.10 Baht
    Last Par Change N/A

    Business
    The Company operates as a holding company, the Company holds only Thai AirAsia Co., Ltd , a low fare airline . Thai AirAsia Co., Ltd.'s revenues are mainly from scheduled passenger services and ancillary services.

    Free Float 11 Mar 2021 29 Jun 2020
    % /Shareholders
    58.73% 31,920 58.59% 31,474
    Foreign Shareholders 0.10% (As of 15/10/2021) Foreign Limit 0.10%
    NVDR Shareholders  4.11% (As of 15/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 4.20 1.00 3.90
    20 Days 6.43 2.65 5.76
    60 Days 5.67 -1.74 1.40
    120 Days 17.32 12.82 10.36
    YTD 26.27 15.50 11.71
    P/E (X) N/A N/A 20.94
    P/BV (X) 1.34 3.58 1.76
    Turnover Ratio (%) 0.78 0.75 1.67

    Top 10 Major Shareholders(@11 Mar 2021) Share %
    1. MR. TASSAPON BIJLEVELD 1,965,088,286 40.52
    2. บริษัท Thai NVDR Company Limited 264,257,671 5.45
    3. กองทุนเปิด บัวหลวงหุ้นระยะยาว 231,909,300 4.78
    4. MR. TANARAT PASAWONGSE 180,860,800 3.73
    5. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 96,427,700 1.99
    6. นาย SINCHOK PIRIYOTAISAKUL 75,057,000 1.55
    7. กองทุนเปิด บัวหลวงเฟล็กซิเบิ้ลเพื่อการเลี้ยงชีพ 61,187,800 1.26
    8. กองทุนเปิด บัวหลวงตราสารทุนเพื่อการเลี้ยงชีพ 48,940,400 1.01
    9. นาย VUTHICHAI PIRIYOTHAISAKUL 43,899,400 0.91
    10. กองทุนเปิด เค หุ้นทุนบริพัตรเพื่อการเลี้ยงชีพ 43,601,100 0.90

    Management Position
    1. Mr. VICHATE TANTIWANICH CHAIRMAN / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. TASSAPON BIJLEVELD EXECUTIVE CHAIRMAN / DIRECTOR
    3. Mr. SANTISUK KLONGCHAIYA CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. M.L. BOVORNOVADEP DEVAKULA DIRECTOR
    5. Mr. PHAIRAT PORNPATHANANANGOON DIRECTOR
    6. Mr. PREECHAYA RASAMETANIN DIRECTOR
    7. Gp.Capt. TANAPAT NGAMPLANG DIRECTOR
    8. Mr. NUTTAWUT PHOWBOROM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. VEERAYOOTH BODHARAMIK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    15 Oct 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 4,850.00  4,850.00  4,850.00 
    Market Cap (MB.) 14,453.00  11,446.00  10,864.00 
    Price (B./share) 2.98  2.36  2.24 
    BVPS (B./Share) 2.23  3.11  4.12 
    P/BV (X) 1.34  0.76  0.54 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 198.23  268.75  66.03 
    Value Trade/Day (MB.) 138.00  102.19  48.92 
    Beta 1.75  1.50  1.29 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 26.27  5.36  -46.67 
    Dividend Yield (%) N/A  N/A  14.96 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Performance, liquidity, current cash flow and financial status; provisions and conditions regarding dividend payment as provided in the loan agreements, debentures,any contracts which create the Company (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2021)
    MR. TERMPHONG OPANAPHAN/EY OFFICE LIMITED
    Miss MANEE RATTANABUNNAKIT/EY OFFICE LIMITED
    Miss KOSUM CHA-EM/EY OFFICE LIMITED
    MRS. KUNLAPEE PIYAWANNASUTH/EY OFFICE LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 6M/2021 
    (01/01/21 
    -30/06/21)     		 6M/2020 
    (01/01/20 
    -30/06/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 233.53 2,833.39 1,110.37 3,982.23 4,122.62
    A/R Net 1,130.65 1,021.16 1,100.03 2,517.61 1,365.09
    Inventories 214.47 238.51 240.24 294.64 188.32
    Current Assets 1,714.91 4,387.60 2,760.17 7,426.88 6,365.48
    PP&E Net 5,899.45 5,964.05 6,230.42 24,877.26 26,185.18
    Non-Current Assets 62,886.42 69,104.20 65,217.51 55,475.68 55,381.24
    Total Assets 64,601.33 73,491.80 67,977.67 62,902.56 61,746.72
    OD 1,383.38 1,300.00 1,000.00 1,750.00 650.00
    A/P Net 5,754.98 2,802.95 4,109.14 1,928.54 1,252.11
    Current portion of LT 2,259.67 1,632.96 2,286.29 1,353.47 213.77
    Current Liabilities 21,680.05 18,115.70 17,823.28 13,959.03 11,022.16
    Non-Current Liabilities 31,829.52 34,002.86 32,794.08 21,255.06 22,101.76
    Total Liabilities 53,509.57 52,118.56 50,617.36 35,214.09 33,123.92
    Authorized Capital 485.00 485.00 485.00 485.00 485.00
    Paid-Up Capital 485.00 485.00 485.00 485.00 485.00
    Premium (Discount) on Share Capital 2,599.81 2,599.81 2,599.81 2,599.81 2,599.81
    Retained Earnings (Deficit) 7,829.20 14,362.11 11,385.66 16,859.07 17,370.56
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -94.41 -975.66 -204.36 - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 10,819.60 16,471.26 14,266.11 19,943.88 20,455.36
    Minority Interest 272.16 4,901.98 3,094.21 7,744.60 8,167.43
    more
    Statement of Comprehensive Income (MB.) 6M/2021 
    (01/01/21 
    -30/06/21)     		 6M/2020 
    (01/01/20 
    -30/06/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 2,129.70 8,079.16 13,633.87 40,180.65 38,904.85
    Other Income 301.72 1,596.32 2,603.47 1,021.98 1,044.96
    Total Revenues 2,469.57 9,693.73 16,260.96 41,202.63 39,949.80
    Costs 5,605.95 11,570.72 20,484.16 38,358.53 36,423.96
    Selling And Administrative Expenses 617.18 952.09 1,850.77 3,294.61 3,116.11
    Total Cost And Expenses 8,451.16 12,844.62 23,788.08 41,653.13 39,540.07
    EBITDA -3,553.08 247.80 -1,172.10 1,616.71 2,326.89
    Depre. & Amor. 2,428.51 3,398.70 6,355.02 1,716.75 1,666.75
    EBIT -5,981.59 -3,150.89 -7,527.12 -100.03 660.14
    Net Profit : Owners Of The Parent -3,556.46 -1,812.81 -4,764.09 -474.00 69.97
    EPS (B.) -0.73 -0.37 -0.98 -0.10 0.01
    more
    Statement of Cash Flow (MB.) 6M/2021 
    (01/01/21 
    -30/06/21)     		 6M/2020 
    (01/01/20 
    -30/06/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow -440.70 -774.20 -897.90 965.68 2,869.29
    Investing Cash Flow -64.21 12,558.07 12,064.36 -1,793.86 -1,733.32
    Financing Cash Flow -379.12 -12,971.99 -14,031.39 828.76 -2,288.29
    Net Cash Flow -884.03 -1,188.13 -2,864.94 0.57 -1,152.32
    more
    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    Current Ratio (X) 0.08 0.24 0.15 0.53
    ROE (%) -47.69 -12.49 -27.85 -2.35
    ROA (%) -15.00 -5.34 -11.50 -0.16
    D/E (X) 4.82 2.44 2.92 1.27
    Total Asset Turnover (X) 0.13 0.44 0.25 0.66
    Gross Profit Margin (%) -163.23 -43.22 -50.24 4.53
    EBIT Margin (%) -242.21 -32.50 -46.29 -0.24
    Net Profit Margin (%) -261.93 -34.02 -53.30 -2.10

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    No Information Found

    Growth Rate (%) 6M/2021  6M/2020  2020  2019 
    Sales Growth -73.64 -61.09 -66.07 3.28
    COGs Growth -51.55 -40.99 -46.60 5.31
    Total Revenue Growth -74.52 -54.46 -60.53 3.14
    Total Expense Growth -34.20 -39.69 -42.89 5.34
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 6M/2021  6M/2020  2020  2019 
    A/R Turnover (Times) 7.14 18.33 7.54 20.70
    Avg. Collection Period (Days) 51.10 19.91 48.42 17.64
    Inventory Turnover (Times) 64.11 115.49 76.59 158.85
    Avg. Inventory Period (Days) 5.69 3.16 4.77 2.30
    A/P Turnover (Times) 3.56 13.73 6.79 24.12
    Avg. Payment Period (Days) 102.65 26.59 53.79 15.13
    Cash Cycle (Days) -45.85 -3.52 -0.60 4.80


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Latest)
    No Information Found
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name -

    Remark - Calculated from adjusted price
      - Presented and calculated from the consolidated statement and displayed as cumulative quarterly statement by fiscal year (Company statement will be presented and calculated incase consolidated statement is not available.)
      - The information is quarterly updated within 7 business days after the new financial statement is submitted.
      -
         		 Information on the financial statements is presented according to the information that the listed companies submit on that period. The investors should study additional information from the companies' financial statements since some companies may restate the comparing financial statements on the latest financial statements.
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