Air Asia Co Ltd

Chart & Performance

D1W1MN

P/E

54.66

P/S

1.48

EPS

0.67

Div Yield, %

1.44%

Shrs. gr., 5y

4.63%

Rev. gr., 5y

5.85%

Revenues

5.20b

+6.92%

Net income

141m

+146.16%

CFO

92m

Dividend

Mar 25, 20240.53 TWD/sh

Earnings

Jun 26, 2025

Profile

Air Asia Co., Ltd. operates as an aircraft maintenance company in Taiwan and internationally. The company offers civilian and military aircraft maintenance, engine and component maintenance, helicopter maintenance, and aeronautical parts asset management services; and commercial and military aircraft maintenance, repair, and overhaul services comprising A/B/C/D checks, airworthiness directives/service bulletins, CPCP/SSID, structure damage repair, and airframe modification and retrofit services. It also provides engine and component maintenance services, such as engine and component repair and overhaul, precision measurement, and non-destructive inspection services; and commercial and military helicopter maintenance services. In addition, Air Asia Co., Ltd. offers ramp services; landing permit application services; and third party services, including catering, laundry, and airport services. In addition, the company offers equipment services, such as follow-me vehicle, ramp shuttle, GPU, re-fueling, and refreshment services; and towing tractor for push-back and position move, passenger step, air start unit, forklift, tow tug, labor, and headset man services. Further, it provides aircraft maintenance; distributes spare parts; aircraft propeller renovation; helicopter rotor blade repair; fleet management; training of civil aviation personnel; and inspection and maintenance of fuel tank and wire harnessing. The company was formerly known as Civil Air Transport and changed its name to Air Asia Co., Ltd. in 1955. Air Asia Co., Ltd. was founded in 1946 and is based in Tainan City, Taiwan. Air Asia Co., Ltd. is a subsidiary of Taiwan Aerospace Corp.

URL

http://www.airasia.com.tw/

IPO date

Feb 24, 2017

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	5,200,056 6.92%	4,863,682 19.52%	4,069,229 4.74%
Cost of revenue	5,002,661	4,764,664	4,031,257
Unusual Expense (Income)
NOPBT	197,395	99,018	37,972
NOPBT Margin	3.80%	2.04%	0.93%
Operating Taxes	39,313	11,717	3,208
Tax Rate	19.92%	11.83%	8.45%
NOPAT	158,082	87,301	34,764
Net income	140,609 146.16%	57,120 323.46%	13,489 -82.48%
Dividends	(111,002)	(58,338)	(37,641)
Dividend yield	1.30%	0.83%	1.30%
Proceeds from repurchase of equity		1,325,811
BB yield		-18.86%
Debt
Debt current	826,572	886,027	1,793,930
Long-term debt	763,258	696,297	739,637
Deferred revenue			293,423
Other long-term liabilities			(293,423)
Net debt	1,434,216	1,328,059	2,280,605
Cash flow
Cash from operating activities	91,660	(208,706)	6,477
CAPEX	(62,541)	(62,525)	(92,282)
Cash from investing activities	(92,262)	(255,706)	(113,553)
Cash from financing activities	(97,151)	467,850	39,546
FCF	(76,854)	(406,743)	(48,647)
Balance
Cash	155,614	254,265	252,962
Long term investments
Excess cash		11,081	49,501
Stockholders' equity	2,234,993	2,525,051	1,877,551
Invested Capital	4,848,320	4,781,927	4,175,824
ROIC	3.28%	1.95%	0.85%
ROCE	4.07%	2.07%	0.90%
EV
Common stock shares outstanding	216,167	187,427	173,744
Price	39.35 4.93%	37.50 124.55%	16.70 -4.16%
Market cap	8,506,158 21.02%	7,028,512 142.23%	2,901,529 -11.89%
EV	9,940,374	8,356,572	5,182,134
EBITDA	313,023	198,620	133,066
EV/EBITDA	31.76	42.07	38.94
Interest	37,006	41,017	30,951
Interest/NOPBT	18.75%	41.42%	81.51%