Company Summary
AAV ASIA AVIATION PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETWB
CG Report:   
 
  Data as of 13 Sep 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
3.24 4.76 / 3.02 N/A 0.77 485.00 15,714.00 53,383.36 1,197.36 46.42
News
Date/Time Subject
10 Sep 2019 17:34   Notification of resignation of the Company's Director
09 Aug 2019 21:56   Financial Statement Quarter 2/2019 (Reviewed)
09 Aug 2019 21:56   Reviewed Quarter 2 and Consolidated F/S (F45-3)
09 Aug 2019 21:56   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2019
27 May 2019 17:52   Announcement of the Additional Holiday of 2019
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 2018
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 19 Mar 2019 09 Mar 2018
    % /Shareholders
    57.54% 22,868 57.46% 20,160
    Foreign Shareholders 0.10% (As of 13/09/2019) Foreign Limit 0.10%
    NVDR Shareholders  7.72% (As of 13/09/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.25 3.88 1.74
    20 Days -2.41 -7.57 -4.86
    60 Days -19.40 -24.47 -18.81
    120 Days -22.12 -26.23 -23.16
    YTD -22.86 -31.62 -27.41
    P/E (X) N/A 93.87 18.97
    P/BV (X) 0.77 3.44 1.86
    Turnover Ratio (%) 0.05 0.20 1.06

    Top 10 Major Shareholders(@19 Mar 2019) Share %
    1. นาย ธรรศพลฐ์ แบเลเว็ลด์ 2,004,088,286 41.32
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 380,885,041 7.85
    3. กองทุนเปิด บัวหลวงหุ้นระยะยาว 221,354,300 4.56
    4. นาย ธนรัชต์ พสวงศ์ 180,860,800 3.73
    5. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 94,736,700 1.95
    6. กองทุนเปิด กรุงศรีหุ้นระยะยาวปันผล 73,511,200 1.52
    7. กองทุนเปิด บัวหลวงเฟล็กซิเบิ้ลเพื่อการเลี้ยงชีพ 56,523,500 1.17
    8. กองทุนเปิด บัวหลวงตราสารทุนเพื่อการเลี้ยงชีพ 45,729,700 0.94
    9. กองทุนเปิด กรุงศรีหุ้นปันผล 38,868,700 0.80
    10. กองทุนเปิด บัวหลวงโครงสร้างพื้นฐานเพื่อการเลี้ยงชีพ 35,667,700 0.74

    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. Mr. PREECHAYA RASAMETANIN DIRECTOR
    7. Mr. NUTTAWUT PHOWBOROM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. VEERAYOOTH BODHARAMIK AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    13 Sep 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 4,850.00  4,850.00  4,850.00 
    Market Cap (MB.) 15,714.00  20,370.00  29,827.50 
    Price (B./share) 3.24  4.20  6.15 
    BVPS (B./Share) 4.21  4.27  4.59 
    P/BV (X) 0.77  0.98  1.34 
    P/E (X) N/A  24.98  28.59 
    Turnover Ratio (%) 52.03  65.74  130.69 
    Value Trade/Day (MB.) 59.57  63.26  152.93 
    Beta 0.94  0.63  0.64 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -22.86  -31.71  1.65 
    Dividend Yield (%) 10.34  3.57  2.44 
    Payout Ratio N/A  1.99  0.70 
    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
    - 0.135 Baht 09 Oct 2018 Cash
    01 Jan 2018 - 14 May 2018 0.20 Baht 08 Jun 2018 Cash
    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
     
    Auditor
    (Effective Until 31/12/2019)
    MR. TERMPHONG OPANAPHAN/E Y OFFICE COMPANY LIMITED
    Miss MANEE RATTANABUNNAKIT/E Y OFFICE COMPANY LIMITED
    Miss KOSUM CHA-EM/E Y OFFICE COMPANY LIMITED
    MRS. KUNLAPEE PIYAWANNASUTH/E Y OFFICE COMPANY LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 2,930.46 5,032.36 4,122.62 5,337.96 4,661.35
    A/R Net 603.50 538.87 492.72 455.77 446.00
    Inventories 286.59 137.74 188.32 148.80 118.18
    Current Assets 5,797.23 8,749.56 6,365.48 9,048.97 8,759.62
    PP&E Net 25,506.11 24,862.24 26,185.18 25,472.75 20,425.36
    Total Assets 60,996.47 62,374.73 61,746.72 62,773.56 56,599.43
    OD 800.00 - 650.00 - -
    A/P Net 554.65 332.15 159.68 310.67 488.96
    Current portion of LT 2,521.22 1,561.02 1,513.85 2,647.42 1,791.51
    Current Liabilities 11,714.66 9,200.66 11,022.16 10,910.14 9,270.10
    Non-Current Liabilities 20,767.13 22,226.36 22,101.76 20,410.33 17,209.08
    Total Liabilities 32,481.79 31,427.02 33,123.92 31,320.46 26,479.18
    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) 17,311.84 18,649.10 17,370.56 18,921.08 18,185.71
    Treasury Stock - - - - -
    Shareholders' Equity 20,396.65 21,733.90 20,455.36 22,005.88 21,270.52
    Minority Interest 8,118.04 9,213.81 8,167.43 9,447.22 8,849.73
    more
    Statement of Comprehensive Income (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 20,763.98 20,304.90 38,904.85 35,931.56 32,400.57
    Other Income 873.96 591.33 1,295.36 1,350.76 729.74
    Total Revenues 21,637.94 20,896.24 40,200.21 37,282.32 33,130.30
    COGs 19,606.50 17,759.10 36,423.96 31,028.72 26,687.76
    SG&A 1,691.23 1,571.87 3,116.11 2,949.73 2,636.08
    Total Expenses 21,297.73 19,330.97 39,540.07 33,978.44 29,403.34
    EBITDA 1,197.36 2,374.26 2,326.89 4,754.86 5,027.43
    Depre. & Amor. 857.15 808.99 1,666.75 1,450.99 1,300.47
    EBIT 340.20 1,565.27 660.14 3,303.88 3,726.96
    Net Profit 14.73 698.00 69.97 1,477.49 1,869.46
    EPS (B.) 0.00 0.14 0.01 0.30 0.39
    more
    Statement of Cash Flow (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow -84.61 1,769.45 2,869.29 5,133.13 4,381.56
    Investing Cash Flow -674.69 -597.81 -1,733.32 -2,846.86 -2,785.59
    Financing Cash Flow -333.31 -1,467.31 -2,288.29 -1,563.37 -3,098.13
    Net Cash Flow -1,092.61 -295.67 -1,152.32 722.89 -1,502.16
    more
    Annualized: ROE, ROA
    Ratios 6M/2019  6M/2018  2018  2017 
    Current Ratio (X) 0.49 0.95 0.58 0.83
    ROE (%) -2.91 6.56 0.33 6.83
    ROA (%) -0.92 5.27 1.06 5.54
    D/E (X) 1.59 1.45 1.62 1.42
    Total Asset Turnover (X) 0.66 0.66 0.65 0.62
    Gross Profit Margin (%) 5.57 12.54 6.38 13.64
    EBIT Margin (%) 1.57 7.49 1.64 8.86
    Net Profit Margin (%) 0.07 3.34 0.17 3.96

    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/2019  6M/2018  2018  2017 
    Sales Growth 2.26 16.12 8.27 10.90
    COGs Growth 10.40 18.12 17.39 16.27
    Total Revenue Growth 3.55 15.23 7.83 12.53
    Total Expense Growth 10.17 17.30 16.37 15.56
    Net Profit Growth -97.89 -5.80 -95.26 -20.97

    Annualized
    Cash Cycle 6M/2019  6M/2018  2018  2017 
    A/R Turnover (Times) 68.92 82.90 82.04 79.69
    Avg. Collection Period (Days) 5.30 4.40 4.45 4.58
    Inventory Turnover (Times) 180.38 278.72 216.09 232.44
    Avg. Inventory Period (Days) 2.02 1.31 1.69 1.57
    A/P Turnover (Times) 86.31 109.30 154.88 77.61
    Avg. Payment Period (Days) 4.23 3.34 2.36 4.70
    Cash Cycle (Days) 3.09 2.37 3.78 1.45


    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
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