Company Summary
AAV ASIA AVIATION PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETTHSI
CG Report:   
 
  Data as of 23 Nov 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
2.12 2.46 / 1.00 N/A 0.68 485.00 10,282.00 64,687.69 -1,387.41 -70.17
News
Date/Time Subject
10 Nov 2020 22:00   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
10 Nov 2020 21:59   Financial Statement Quarter 3/2020 (Reviewed)
10 Nov 2020 21:59   Financial Performance Quarter 3 (F45) (Reviewed)
10 Nov 2020 17:13   Establishment of a New Subsidiary Company of Thai AirAsia
10 Nov 2020 17:11   Renewal for the term of audit committee
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 2019
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 29 Jun 2020 19 Mar 2019
    % /Shareholders
    58.59% 31,474 57.54% 22,868
    Foreign Shareholders 0.10% (As of 23/11/2020) Foreign Limit 0.10%
    NVDR Shareholders  5.73% (As of 23/11/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 16.48 11.98 10.79
    20 Days 36.77 11.69 16.86
    60 Days 15.22 -3.02 5.39
    120 Days 23.98 11.26 13.81
    YTD -5.36 6.40 5.26
    P/E (X) N/A N/A 27.60
    P/BV (X) 0.68 3.69 1.59
    Turnover Ratio (%) 1.79 0.69 1.47

    Top 10 Major Shareholders(@29 Jun 2020) Share %
    1. นาย ธรรศพลฐ์ แบเลเว็ลด์ 1,965,088,286 40.52
    2. บริษัท Thai NVDR Company Limited 299,989,367 6.19
    3. กองทุนเปิด บัวหลวงหุ้นระยะยาว 232,650,600 4.80
    4. MR. TANARAT PASAWONGSE 180,860,800 3.73
    5. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 97,515,100 2.01
    6. กองทุนเปิด บัวหลวงเฟล็กซิเบิ้ลเพื่อการเลี้ยงชีพ 61,757,800 1.27
    7. นาย VUTHICHAI PIRIYOTHAISAKUL 52,349,300 1.08
    8. กองทุนเปิด บัวหลวงตราสารทุนเพื่อการเลี้ยงชีพ 49,020,400 1.01
    9. กองทุนเปิด บัวหลวงโครงสร้างพื้นฐานเพื่อการเลี้ยงชีพ 38,808,100 0.80
    10. นาง HATAIRATN JURANGKOOL 38,113,200 0.79

    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
    23 Nov 2020    		 2019
    30 Dec 2019    		 2018
    28 Dec 2018
    Listed share (M.) 4,850.00  4,850.00  4,850.00 
    Market Cap (MB.) 10,282.00  10,864.00  20,370.00 
    Price (B./share) 2.12  2.24  4.20 
    BVPS (B./Share) 3.11  4.12  4.27 
    P/BV (X) 0.68  0.54  0.98 
    P/E (X) N/A  N/A  24.98 
    Turnover Ratio (%) 232.24  66.03  65.74 
    Value Trade/Day (MB.) 93.43  48.92  63.26 
    Beta 1.47  1.29  0.63 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) -5.36  -46.67  -31.71 
    Dividend Yield (%) N/A  14.96  3.57 
    Payout Ratio N/A  N/A  1.99 
    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
     
    Auditor
    (Effective Until 31/12/2020)
    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.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Cash 2,351.75 2,566.05 3,982.23 4,122.62 5,337.96
    A/R Net 442.14 685.37 597.45 492.72 455.77
    Inventories 185.11 280.35 294.64 188.32 148.80
    Current Assets 3,925.89 6,202.30 7,426.88 6,365.48 9,048.97
    PP&E Net 6,089.90 25,160.34 24,877.26 26,185.18 25,472.75
    Total Assets 71,841.58 61,066.25 62,902.56 61,746.72 62,773.56
    OD 1,300.00 1,750.00 1,750.00 650.00 -
    A/P Net 616.00 886.95 915.10 159.68 310.67
    Current portion of LT 8,644.58 2,537.47 2,688.21 1,513.85 2,647.42
    Current Liabilities 19,338.81 12,856.36 13,959.03 11,022.16 10,910.14
    Non-Current Liabilities 33,652.76 20,454.14 21,255.06 22,101.76 20,410.33
    Total Liabilities 52,991.57 33,310.49 35,214.09 33,123.92 31,320.46
    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) 12,525.27 16,895.20 16,859.07 17,370.56 18,921.08
    Treasury Stock - - - - -
    Shareholders' Equity 15,084.14 19,980.01 19,943.88 20,455.36 22,005.88
    Minority Interest 3,765.87 7,775.75 7,744.60 8,167.43 9,447.22
    more
    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Sales 10,201.02 30,183.07 40,180.65 38,904.85 35,931.56
    Other Income 1,899.42 1,036.21 1,372.45 1,295.36 1,350.76
    Total Revenues 12,100.44 31,219.28 41,553.10 40,200.21 37,282.32
    COGs 15,940.87 28,956.76 38,358.53 36,423.96 31,028.72
    SG&A 1,259.21 2,404.76 3,294.61 3,116.11 2,949.73
    Total Expenses 18,364.85 31,361.52 41,653.13 39,540.07 33,978.44
    EBITDA -1,387.41 1,151.14 1,616.71 2,326.89 4,754.86
    Depre. & Amor. 4,877.00 1,293.39 1,716.75 1,666.75 1,450.99
    EBIT -6,264.42 -142.24 -100.03 660.14 3,303.88
    Net Profit -3,649.64 -401.91 -474.00 69.97 1,477.49
    EPS (B.) -0.75 -0.08 -0.10 0.01 0.30
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow -335.59 -738.08 965.68 2,869.29 5,133.13
    Investing Cash Flow 12,261.34 -761.64 -1,793.86 -1,733.32 -2,846.86
    Financing Cash Flow -13,473.82 68.70 828.76 -2,288.29 -1,563.37
    Net Cash Flow -1,548.06 -1,431.02 0.57 -1,152.32 722.89
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 0.20 0.48 0.53 0.58
    ROE (%) -21.23 -3.30 -2.35 0.33
    ROA (%) -9.36 -0.84 -0.16 1.06
    D/E (X) 3.51 1.67 1.77 1.62
    Total Asset Turnover (X) 0.34 0.67 0.67 0.65
    Gross Profit Margin (%) -56.27 4.06 4.53 6.38
    EBIT Margin (%) -51.77 -0.46 -0.24 1.64
    Net Profit Margin (%) -30.16 -1.29 -1.14 0.17

    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 (%) 9M/2020  9M/2019  2019  2018 
    Sales Growth -66.20 3.19 3.28 8.27
    COGs Growth -44.95 7.66 5.31 17.39
    Total Revenue Growth -61.24 3.36 3.37 7.83
    Total Expense Growth -41.44 7.52 5.34 16.37
    Net Profit Growth N/A N/A N/A -95.26

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 35.83 65.52 73.71 82.04
    Avg. Collection Period (Days) 10.19 5.57 4.95 4.45
    Inventory Turnover (Times) 108.89 182.04 158.85 216.09
    Avg. Inventory Period (Days) 3.35 2.01 2.30 1.69
    A/P Turnover (Times) 33.72 64.37 71.38 154.88
    Avg. Payment Period (Days) 10.82 5.67 5.11 2.36
    Cash Cycle (Days) 2.72 1.90 2.14 3.78


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

    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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