Company Summary
AAV ASIA AVIATION PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100
CG Report:   
 
  Data as of 22 May 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
5.80 6.85 / 5.10 14.72 1.22 485.00 28,130.00 62,523.80 2,500.23 11.06
News
Date/Time Subject
14 May 2018 08:53   Appointment of Executive Chairman and Chief Executive Officer
11 May 2018 20:09   The Interim Dividend Payment
11 May 2018 19:56   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2018
11 May 2018 19:45   Financial Statement Quarter 1/2018 (Reviewed)
11 May 2018 19:45   Reviewed Quarter 1 and Consolidated F/S (F45-3)
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 2017
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 09 Mar 2018 14 Mar 2017
    % /Shareholders
    57.46% 20,160 63.94% 21,385
    Foreign Shareholders 0.08% (As of 22/05/2018) Foreign Limit 0.10%
    NVDR Shareholders  7.36% (As of 22/05/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 2.47 0.35
    20 Days 4.50 4.85 6.91
    60 Days 5.45 3.03 7.13
    120 Days -7.20 -15.56 -9.71
    YTD -5.69 -6.57 -6.07
    P/E (X) 14.72 47.07 17.99
    P/BV (X) 1.22 3.51 2.01
    Turnover Ratio (%) 0.21 0.14 0.44

    Top 10 Major Shareholders(@09 Mar 2018) Share %
    1. นาย ธรรศพลฐ์ แบเลเว็ลด์ 2,004,088,286 41.32
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 354,634,187 7.31
    3. กองทุนเปิด บัวหลวงหุ้นระยะยาว 223,883,300 4.62
    4. นาย ธนรัชต์ พสวงศ์ 180,860,800 3.73
    5. นาย อัยยวัฒน์ ศรีวัฒนประภา 130,000,000 2.68
    6. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 102,418,200 2.11
    7. นาย ชาลี ช่วงรังษี 71,512,000 1.47
    8. กองทุนเปิด กรุงศรีหุ้นระยะยาวปันผล 56,590,400 1.17
    9. กองทุนเปิด บัวหลวงเฟล็กซิเบิ้ลเพื่อการเลี้ยงชีพ 56,491,700 1.16
    10. น.ส. พจนาลัย บุญขันธ์ 52,000,000 1.07

    Management Position
    1. Mr. VICHATE TANTIWANICH CHAIRMAN / INDEPENDENT DIRECTOR / CHAIRMAN OF 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. Gp.Capt. TANAPAT NGAMPLANG DIRECTOR
    7. Mr. PREECHAYA RASAMETANIN DIRECTOR
    8. Mr. NUTTAWUT PHOWBOROM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. VEERAYOOTH BODHARAMIK AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    22 May 2018    		 2017
    29 Dec 2017    		 2016
    30 Dec 2016
    Listed share (M.) 4,850.00  4,850.00  4,850.00 
    Market Cap (MB.) 28,130.00  29,827.50  29,342.50 
    Price (B./share) 5.80  6.15  6.05 
    BVPS (B./Share) 4.74  4.59  4.53 
    P/BV (X) 1.22  1.34  1.34 
    P/E (X) 14.72  28.59  13.95 
    Turnover Ratio (%) 21.11  130.69  350.97 
    Value Trade/Day (MB.) 61.96  152.93  434.86 
    Beta 0.52  0.64  0.76 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -5.69  1.65  15.24 
    Dividend Yield (%) 2.59  2.44  1.65 
    Payout Ratio 0.38  0.70  0.23 
    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
    01 Jan 2017 - 10 Nov 2017 0.15 Baht 07 Dec 2017 Cash
    01 Jan 2016 - 11 Nov 2016 0.15 Baht 07 Dec 2016 Cash
    01 Jan 2015 - 31 Aug 2015 0.10 Baht 29 Sep 2015 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MR. TERMPHONG OPANAPHAN/E Y OFFICE COMPANY LIMITED
    Miss MANEE RATTANABUNNAKIT/E Y OFFICE COMPANY LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2018 
    (01/01/18 
    -31/03/18)     		 3M/2017 
    (01/01/17 
    -31/03/17)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16)     		 2015 
    (01/01/15 
    -31/12/15) 
    Cash 6,037.67 5,133.80 5,337.96 4,661.35 6,122.81
    A/R Net 523.45 433.00 455.77 446.00 439.19
    Inventories 151.30 101.20 148.80 118.18 94.03
    Current Assets 9,841.12 9,388.84 9,048.97 8,759.62 8,829.20
    PP&E Net 25,196.18 21,765.08 25,472.75 20,425.36 18,216.07
    Total Assets 63,441.47 58,567.85 62,773.56 56,599.43 52,826.53
    OD - - - - -
    A/P Net 277.65 315.63 310.67 488.96 335.81
    Current portion of LT 2,499.77 1,765.69 2,647.42 1,791.51 1,261.44
    Current Liabilities 10,270.73 9,411.88 10,910.14 9,270.10 8,296.49
    Non-Current Liabilities 19,887.95 18,000.94 20,410.33 17,209.08 16,446.88
    Total Liabilities 30,158.69 27,412.82 31,320.46 26,479.18 24,743.36
    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
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 19,925.19 18,756.03 18,921.08 18,185.71 17,057.58
    Treasury Stock - - - - -
    Shareholders' Equity 23,010.00 21,840.84 22,005.88 21,270.52 20,142.39
    Minority Interest 10,272.79 9,314.19 9,447.22 8,849.73 7,940.78
    more
    Statement of Comprehensive Income (MB.) 3M/2018 
    (01/01/18 
    -31/03/18)     		 3M/2017 
    (01/01/17 
    -31/03/17)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16)     		 2015 
    (01/01/15 
    -31/12/15) 
    Sales 11,254.30 9,150.23 35,931.56 32,400.57 29,507.31
    Other Income 388.50 395.38 1,350.76 729.74 956.28
    Total Revenues 11,642.80 9,545.62 37,282.32 33,130.30 30,463.58
    COGs 8,741.65 7,569.21 31,028.72 26,687.76 25,315.08
    SG&A 803.02 747.16 2,949.73 2,636.08 2,377.36
    Total Expenses 9,544.67 8,316.38 33,978.44 29,403.34 27,897.19
    EBITDA 2,500.23 1,602.11 4,754.86 5,027.43 4,094.83
    Depre. & Amor. 402.10 372.87 1,450.99 1,300.47 1,528.44
    EBIT 2,098.13 1,229.24 3,303.88 3,726.96 2,566.39
    Net Profit 1,004.11 570.32 1,477.49 1,869.46 1,078.48
    EPS (B.) 0.21 0.12 0.30 0.39 0.22
    more
    Statement of Cash Flow (MB.) 3M/2018 
    (01/01/18 
    -31/03/18)     		 3M/2017 
    (01/01/17 
    -31/03/17)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16)     		 2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 1,804.81 1,459.55 5,133.13 4,381.56 3,007.27
    Investing Cash Flow -250.53 -339.09 -2,846.86 -2,785.59 882.78
    Financing Cash Flow -648.29 -593.94 -1,563.37 -3,098.13 -2,529.05
    Net Cash Flow 905.99 526.52 722.89 -1,502.16 1,361.00
    more
    Annualized: ROE, ROA
    Ratios 3M/2018  3M/2017  2017  2016 
    Current Ratio (X) 0.96 1.00 0.83 0.94
    ROE (%) 8.52 6.66 6.83 9.03
    ROA (%) 6.84 5.14 5.54 6.81
    D/E (X) 1.31 1.26 1.42 1.24
    Total Asset Turnover (X) 0.65 0.59 0.62 0.61
    Gross Profit Margin (%) 22.33 17.28 13.64 17.63
    EBIT Margin (%) 18.02 12.88 8.86 11.25
    Net Profit Margin (%) 8.62 5.97 3.96 5.64

    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 (%) 3M/2018  3M/2017  2017  2016 
    Sales Growth 22.99 2.21 10.90 9.81
    COGs Growth 15.49 17.04 16.27 5.42
    Total Revenue Growth 21.97 3.95 12.53 8.75
    Total Expense Growth 14.77 16.59 15.56 5.40
    Net Profit Growth 76.06 -43.48 -20.97 73.34

    Annualized
    Cash Cycle 3M/2018  3M/2017  2017  2016 
    A/R Turnover (Times) 79.54 74.52 79.69 73.21
    Avg. Collection Period (Days) 4.59 4.90 4.58 4.99
    Inventory Turnover (Times) 255.06 261.68 232.44 251.52
    Avg. Inventory Period (Days) 1.43 1.39 1.57 1.45
    A/P Turnover (Times) 108.55 84.95 77.61 64.72
    Avg. Payment Period (Days) 3.36 4.30 4.70 5.64
    Cash Cycle (Days) 2.66 2.00 1.45 0.80


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
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    Market Alert (Latest)
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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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