Company Summary
AAV ASIA AVIATION PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SETTHSI
CG Report:   
 
  Data as of 01 Jul 2022  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
2.90 3.08 / 1.98 N/A 2.48 1,173.57 34,033.57 85,327.08 -1,142.72 -15.58
News
Date/Time Subject
22 Jun 2022 17:11   Notification of Issuance and Offering of Debentures of Thai AirAsia Company Limited
21 Jun 2022 08:36   New shares of AAV to be traded on June 22, 2022
20 Jun 2022 12:36   Notification of Registration of Change in Paid-up Capital with the Department of Business Development, Ministry of Commerce
17 Jun 2022 17:05   Report on the results of the exercise of convertible debentures (F53-5) (Revised)
17 Jun 2022 17:04   Notification of the exercise of convertible debentures and conversion price calculation (Amended)
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 2021
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 2022 11 Mar 2021
    % /Shareholders
    34.76% 34,518 58.73% 31,920
    Foreign Shareholders 0.10% (As of 01/07/2022) Foreign Limit 0.10%
    NVDR Shareholders  1.95% (As of 01/07/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.68 -1.28 -0.93
    20 Days 2.84 3.67 8.55
    60 Days 14.17 10.79 23.51
    120 Days 14.17 6.65 20.34
    YTD 14.17 6.65 20.34
    P/E (X) N/A 173.80 18.51
    P/BV (X) 2.48 3.51 1.65
    Turnover Ratio (%) 0.11 0.18 0.69

    Top 10 Major Shareholders(@11 Mar 2022) Share %
    1. AirAsia Aviation Limited 2,973,616,671 25.65
    2. MR. TASSAPON BIJLEVELD 2,325,088,286 20.06
    3. AIRASIA AVIATION LIMITED 2,257,000,000 19.47
    4. นาย พิธาน องค์โฆษิต 424,877,596 3.66
    5. กองทุนเปิด บัวหลวงหุ้นระยะยาว 266,665,354 2.30
    6. MR. TANARAT PASAWONGSE 212,246,622 1.83
    7. บริษัท Thai NVDR Company Limited 204,615,449 1.77
    8. นาย ปรินทร์ โลจนะโกสินทร์ 160,304,257 1.38
    9. กองทุนสำรองเลี้ยงชีพ เค มาสเตอร์ พูล ฟันด์ ซึ่งจดทะเบียนแล้ว 156,092,182 1.35
    10. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 110,531,463 0.95

    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. Mr. PHAIRAT PORNPATHANANANGOON DIRECTOR
    5. Mr. MOHAMED KHADAR BIN MERICAN DIRECTOR
    6. Mr. ROZMAN BIN OMAR DIRECTOR
    7. Mr. YUTHAPONG MA DIRECTOR
    8. Mrs. PATTRA BOOSARAWONGSE DIRECTOR
    9. Mr. NUTTAWUT PHOWBOROM INDEPENDENT DIRECTOR
    10. Mr. VEERAYOOTH BODHARAMIK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. SIROT SETABANDHU INDEPENDENT DIRECTOR
    12. Mr. DINESH NAMBIAR INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    01 Jul 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 11,735.71  9,878.57  4,850.00 
    Market Cap (MB.) 34,033.57  25,091.57  11,446.00 
    Price (B./share) 2.90  2.54  2.24 
    BVPS (B./Share) 1.17  1.71  3.11 
    P/BV (X) 2.48  3.11  0.76 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 27.43  212.39  268.75 
    Value Trade/Day (MB.) 71.91  121.97  102.19 
    Beta 1.58  1.46  1.50 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 14.17  13.18  5.36 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Considers the Company's operating results, liquidity, cash flow, and financial situation, conditions and restrictions on dividend payment as specified in the loan agreements, debentures or any related agreements (with addtional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2022)
    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.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 2,807.41 1,219.78 5,359.58 1,110.37 3,982.23
    A/R Net 1,912.72 1,195.87 1,657.87 1,100.03 2,517.61
    Inventories 217.20 218.82 230.27 240.24 294.64
    Current Assets 5,642.60 2,823.10 7,672.94 2,760.17 7,426.88
    PP&E Net 4,391.52 6,168.19 5,277.49 6,230.42 24,877.26
    Non-Current Assets 61,946.89 64,062.33 63,535.39 65,217.51 55,475.68
    Total Assets 67,589.49 66,885.43 71,208.33 67,977.67 62,902.56
    OD 750.00 750.00 750.00 1,000.00 1,750.00
    A/P Net 2,402.08 5,024.52 3,147.05 4,109.14 1,928.54
    Current portion of LT 2,882.77 2,046.05 2,820.87 2,286.29 1,353.47
    Current Liabilities 16,599.20 19,904.36 17,560.27 17,823.28 13,959.03
    Non-Current Liabilities 37,501.72 32,818.44 36,819.26 32,794.08 21,255.06
    Total Liabilities 54,100.92 52,722.80 54,379.53 50,617.36 35,214.09
    Authorized Capital 1,285.00 485.00 1,285.00 485.00 485.00
    Paid-Up Capital 1,159.29 485.00 987.86 485.00 485.00
    Premium (Discount) on Share Capital 13,725.52 2,599.81 10,896.95 2,599.81 2,599.81
    Retained Earnings (Deficit) 3,804.24 9,521.07 6,174.83 11,385.66 16,859.07
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -7,400.47 -98.27 -58.54 -204.36 -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 13,488.58 12,507.61 20,201.10 14,266.11 19,943.88
    Minority Interest - 1,655.02 -3,372.30 3,094.21 7,744.60
    more
    Statement of Comprehensive Income (MB.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 1,786.47 1,146.51 3,828.47 13,633.87 40,180.65
    Other Income 304.49 204.26 679.75 2,603.47 1,021.98
    Total Revenues 2,097.22 1,380.17 4,558.62 16,260.96 41,202.63
    Costs 4,335.75 2,816.25 11,223.28 20,484.16 38,358.53
    Selling And Administrative Expenses 367.59 334.75 1,235.57 1,850.77 3,294.61
    Total Cost And Expenses 4,815.72 4,557.16 16,358.82 23,788.08 41,653.13
    EBITDA -1,142.72 -2,032.66 -6,365.89 -1,172.10 1,616.71
    Depre. & Amor. 1,575.79 1,144.33 5,434.31 6,355.02 1,716.75
    EBIT -2,718.51 -3,176.99 -11,800.20 -7,527.12 -100.03
    Net Profit : Owners Of The Parent -2,370.60 -1,864.58 -6,647.49 -4,764.09 -474.00
    EPS (B.) -0.21 -0.38 -1.30 -0.98 -0.10
    more
    Statement of Cash Flow (MB.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow -2,518.70 665.80 -4,347.02 -897.90 965.68
    Investing Cash Flow -316.86 -36.92 1,283.66 12,064.36 -1,793.86
    Financing Cash Flow 284.88 -535.27 7,313.63 -14,031.39 828.76
    Net Cash Flow -2,550.68 93.61 4,250.27 -2,864.94 0.57
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 0.34 0.14 0.44 0.15
    ROE (%) -55.03 -40.19 -38.57 -27.85
    ROA (%) -16.87 -13.05 -16.96 -11.50
    D/E (X) 4.01 3.72 3.23 2.92
    Total Asset Turnover (X) 0.08 0.11 0.07 0.25
    Gross Profit Margin (%) -142.70 -145.64 -193.15 -50.24
    EBIT Margin (%) -129.62 -230.19 -258.85 -46.29
    Net Profit Margin (%) -121.83 -245.66 -262.32 -53.30

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    14 Jan 2022 XR 1,714,285,714 11,592,857,143 0.10
    14 Dec 2021 PP 5,028,571,429 9,878,571,429 0.10

    Growth Rate (%) 3M/2022  3M/2021  2021  2020 
    Sales Growth 55.82 -85.32 -71.92 -66.07
    COGs Growth 53.95 -65.02 -45.21 -46.60
    Total Revenue Growth 51.95 -85.33 -71.97 -60.53
    Total Expense Growth 5.67 -57.68 -31.23 -42.89
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 2.87 5.62 2.78 7.54
    Avg. Collection Period (Days) 126.96 64.97 131.47 48.42
    Inventory Turnover (Times) 58.45 58.73 47.71 76.59
    Avg. Inventory Period (Days) 6.24 6.21 7.65 4.77
    A/P Turnover (Times) 3.82 4.88 3.51 6.79
    Avg. Payment Period (Days) 95.56 74.81 104.14 53.79
    Cash Cycle (Days) 37.65 -3.62 34.98 -0.60


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    Trading Alert Posted Date Lifted Date
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    Market Alert (Latest)
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    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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