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AAV (Asia Aviation Public Company Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Asia Aviation Public Company Limited together

I guess you are interested in Asia Aviation Public Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Asia Aviation Public Company Limited’s Financial Insights
  • 📈 Technical Analysis (TA) – Asia Aviation Public Company Limited’s Price Targets

I'm going to help you getting a better view of Asia Aviation Public Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Asia Aviation Public Company Limited (30 sec.)










1.2. What can you expect buying and holding a share of Asia Aviation Public Company Limited? (30 sec.)

How much money do you get?

How much money do you get?
฿0.00
When do you have the money?
1 year
How often do you get paid?
27.5%

What is your share worth?

Current worth
฿0.99
Expected worth in 1 year
฿1.36
How sure are you?
47.5%

+ What do you gain per year?

Total Gains per Share
฿0.37
Return On Investment
30.6%

For what price can you sell your share?

Current Price per Share
฿1.21
Expected price per share
฿0.95 - ฿1.45
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Asia Aviation Public Company Limited (5 min.)




Live pricePrice per Share (EOD)
฿1.21
Intrinsic Value Per Share
฿2.49 - ฿20.52
Total Value Per Share
฿3.48 - ฿21.51

2.2. Growth of Asia Aviation Public Company Limited (5 min.)




Is Asia Aviation Public Company Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$391.9m$225m$110.8m33.0%

How much money is Asia Aviation Public Company Limited making?

Current yearPrevious yearGrowGrow %
Making money$40.4m-$2.3m$42.8m105.7%
Net Profit Margin11.4%-2.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Asia Aviation Public Company Limited (5 min.)




2.4. Comparing to competitors in the Airlines industry (5 min.)




  Industry Rankings (Airlines)  


Richest
#39 / 62

Most Revenue
#48 / 62

Most Profit
#30 / 62
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Asia Aviation Public Company Limited?

Welcome investor! Asia Aviation Public Company Limited's management wants to use your money to grow the business. In return you get a share of Asia Aviation Public Company Limited.

First you should know what it really means to hold a share of Asia Aviation Public Company Limited. And how you can make/lose money.

Speculation

The Price per Share of Asia Aviation Public Company Limited is ฿1.21. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Asia Aviation Public Company Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Asia Aviation Public Company Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ฿0.99. Based on the TTM, the Book Value Change Per Share is ฿0.09 per quarter. Based on the YOY, the Book Value Change Per Share is ฿-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Asia Aviation Public Company Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps0.000.3%0.000.3%0.000.0%0.000.0%0.00-0.1%0.00-0.1%
Usd Book Value Change Per Share0.000.3%0.000.2%0.000.0%0.000.0%0.00-0.1%0.00-0.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.3%0.000.2%0.000.0%0.000.0%0.00-0.1%0.000.0%
Usd Price Per Share0.05-0.07-0.07-0.08-0.08-0.11-
Price to Earnings Ratio3.91-27.14--7.48-8.56-3.06-24.02-
Price-to-Total Gains Ratio15.65-26.18--29.90-6.76--0.42-8.81-
Price to Book Ratio1.70-2.78-4.37-4.16-3.45-2.77-
Price-to-Total Gains Ratio15.65-26.18--29.90-6.76--0.42-8.81-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.037147
Number of shares26920
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (26920 shares)76.59-31.57
Gains per Year (26920 shares)306.36-126.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103062960-126-136
206136020-253-262
309199080-379-388
40122512140-505-514
50153215200-631-640
60183818260-758-766
70214521320-884-892
80245124380-1010-1018
90275727440-1136-1144
100306430500-1263-1270

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%7.05.00.058.3%7.013.00.035.0%20.020.00.050.0%35.022.00.061.4%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%7.013.00.035.0%17.023.00.042.5%28.026.03.049.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%11.00.029.027.5%11.00.046.019.3%
Total Gains per Share3.01.00.075.0%6.06.00.050.0%7.013.00.035.0%19.021.00.047.5%30.024.03.052.6%
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3.2. Key Performance Indicators

The key performance indicators of Asia Aviation Public Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1080.093+16%-0.006+106%-0.005+104%-0.038+135%-0.030+127%
Book Value Per Share--0.9940.852+17%0.570+74%0.667+49%0.869+14%1.582-37%
Current Ratio--0.5490.506+9%0.385+43%0.379+45%0.311+77%0.591-7%
Debt To Asset Ratio--0.8350.854-2%0.894-7%0.878-5%0.840-1%0.670+25%
Debt To Equity Ratio--5.0775.999-15%8.589-41%7.673-34%6.236-19%3.845+32%
Dividend Per Share----0%-0%-0%-0%0.018-100%
Enterprise Value---43098955000.000-32636318500.000-24%-29180271731.360-32%-27064380087.867-37%-24180518836.124-44%7275797688.102-692%
Eps--0.1080.103+5%-0.006+105%-0.002+102%-0.052+148%-0.021+119%
Ev To Sales Ratio---0.815-0.667-18%-0.640-21%-0.763-6%-4.091+402%-1.480+82%
Free Cash Flow Per Share--0.1040.110-5%0.099+6%0.103+1%0.031+238%0.033+220%
Free Cash Flow To Equity Per Share---0.0480.001-7246%0.006-848%-0.006-87%-0.014-71%-0.029-40%
Gross Profit Margin--1.000-0.771+177%1.357-26%0.436+130%0.691+45%0.562+78%
Intrinsic Value_10Y_max--20.521----------
Intrinsic Value_10Y_min--2.489----------
Intrinsic Value_1Y_max--0.651----------
Intrinsic Value_1Y_min--0.152----------
Intrinsic Value_3Y_max--3.028----------
Intrinsic Value_3Y_min--0.543----------
Intrinsic Value_5Y_max--6.695----------
Intrinsic Value_5Y_min--1.027----------
Market Cap15548499845.120-40%21716500000.00029651375000.000-27%30936374768.640-30%32660416495.467-34%32195674771.776-33%47493599573.152-54%
Net Profit Margin--0.1050.114-8%-0.020+119%-0.150+243%-1.253+1294%-0.619+690%
Operating Margin---0.145-100%0.026-100%-0.1380%-2.0220%-0.9910%
Operating Ratio--1.6221.008+61%0.953+70%1.105+47%2.758-41%1.864-13%
Pb Ratio1.218-40%1.7012.776-39%4.372-61%4.164-59%3.455-51%2.775-39%
Pe Ratio2.802-40%3.91427.136-86%-7.476+291%8.563-54%3.057+28%24.022-84%
Price Per Share1.210-40%1.6902.308-27%2.408-30%2.542-34%2.506-33%3.696-54%
Price To Free Cash Flow Ratio2.902-40%4.0535.292-23%9.157-56%1.627+149%-0.393+110%19.338-79%
Price To Total Gains Ratio11.208-40%15.65526.182-40%-29.898+291%6.760+132%-0.417+103%8.813+78%
Quick Ratio--0.0130.319-96%0.268-95%0.259-95%0.234-94%0.554-98%
Return On Assets--0.0180.018+1%-0.002+109%-0.001+107%-0.011+159%-0.004+122%
Return On Equity--0.1090.112-3%-0.039+136%-0.056+152%-0.086+179%-0.040+137%
Total Gains Per Share--0.1080.093+16%-0.006+106%-0.005+104%-0.038+135%-0.011+111%
Usd Book Value--391937843.500335913183.250+17%225057555.500+74%263095605.092+49%342779427.256+14%624199037.507-37%
Usd Book Value Change Per Share--0.0030.003+16%0.000+106%0.000+104%-0.001+135%-0.001+127%
Usd Book Value Per Share--0.0310.026+17%0.018+74%0.020+49%0.027+14%0.049-37%
Usd Dividend Per Share----0%-0%-0%-0%0.001-100%
Usd Enterprise Value---1323137918.500-1001934977.950-24%-895834342.153-32%-830876468.698-37%-742341928.269-44%223366989.025-692%
Usd Eps--0.0030.003+5%0.000+105%0.000+102%-0.002+148%-0.001+119%
Usd Free Cash Flow--41123785.90043374157.300-5%38960449.000+6%40682120.644+1%12154424.430+238%12856547.979+220%
Usd Free Cash Flow Per Share--0.0030.003-5%0.003+6%0.003+1%0.001+238%0.001+220%
Usd Free Cash Flow To Equity Per Share---0.0010.000-7246%0.000-848%0.000-87%0.000-71%-0.001-40%
Usd Market Cap477338945.245-40%666696550.000910297212.500-27%949746705.397-30%1002674786.411-34%988407215.494-33%1458053506.896-54%
Usd Price Per Share0.037-40%0.0520.071-27%0.074-30%0.078-34%0.077-33%0.113-54%
Usd Profit--42587838.20040479907.125+5%-2323038.300+105%-840192.483+102%-20912030.051+149%-8273630.664+119%
Usd Revenue--406003294.100375052252.525+8%352663272.100+15%306152595.575+33%201246117.353+102%236473145.757+72%
Usd Total Gains Per Share--0.0030.003+16%0.000+106%0.000+104%-0.001+135%0.000+111%
 EOD+4 -4MRQTTM+20 -17YOY+24 -133Y+25 -115Y+26 -1010Y+22 -16

3.3 Fundamental Score

Let's check the fundamental score of Asia Aviation Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.802
Price to Book Ratio (EOD)Between0-11.218
Net Profit Margin (MRQ)Greater than00.105
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.013
Current Ratio (MRQ)Greater than10.549
Debt to Asset Ratio (MRQ)Less than10.835
Debt to Equity Ratio (MRQ)Less than15.077
Return on Equity (MRQ)Greater than0.150.109
Return on Assets (MRQ)Greater than0.050.018
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Asia Aviation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.595
Ma 20Greater thanMa 501.097
Ma 50Greater thanMa 1001.195
Ma 100Greater thanMa 2001.518
OpenGreater thanClose1.180
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Asia Aviation Public Company Limited

Asia Aviation Public Company Limited provides airline services in Thailand. It operates through two segments, Scheduled Flight Operations and Chartered Flight Operations. The Scheduled Flight Operations segment offers passenger air transportation services to routine destinations for scheduled flights. This segment also sells tickets through its distribution channels, including website, sale counters, travel agents, etc. The Chartered Flight Operations segment provides passenger air transportation services to non-routine destinations that serves tourist agency companies. It also operates an academy institution of learning and competency development for aviation tourism and hospitality industries. Asia Aviation Public Company Limited was founded in 2004 and is headquartered in Bangkok, Thailand.

Fundamental data was last updated by Penke on 2025-06-26 18:50:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Asia Aviation Public Company Limited earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • A Net Profit Margin of 10.5% means that ฿0.10 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Asia Aviation Public Company Limited:

  • The MRQ is 10.5%. The company is making a huge profit. +2
  • The TTM is 11.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.5%TTM11.4%-0.9%
TTM11.4%YOY-2.0%+13.4%
TTM11.4%5Y-125.3%+136.7%
5Y-125.3%10Y-61.9%-63.4%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%1.7%+8.8%
TTM11.4%4.2%+7.2%
YOY-2.0%5.3%-7.3%
3Y-15.0%1.9%-16.9%
5Y-125.3%-16.8%-108.5%
10Y-61.9%-6.2%-55.7%
4.3.1.2. Return on Assets

Shows how efficient Asia Aviation Public Company Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • 1.8% Return on Assets means that Asia Aviation Public Company Limited generated ฿0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Asia Aviation Public Company Limited:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%+0.0%
TTM1.8%YOY-0.2%+1.9%
TTM1.8%5Y-1.1%+2.8%
5Y-1.1%10Y-0.4%-0.7%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.4%+1.4%
TTM1.8%1.2%+0.6%
YOY-0.2%1.5%-1.7%
3Y-0.1%0.7%-0.8%
5Y-1.1%-0.9%-0.2%
10Y-0.4%0.4%-0.8%
4.3.1.3. Return on Equity

Shows how efficient Asia Aviation Public Company Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • 10.9% Return on Equity means Asia Aviation Public Company Limited generated ฿0.11 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Asia Aviation Public Company Limited:

  • The MRQ is 10.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.9%TTM11.2%-0.4%
TTM11.2%YOY-3.9%+15.2%
TTM11.2%5Y-8.6%+19.9%
5Y-8.6%10Y-4.0%-4.6%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ10.9%3.1%+7.8%
TTM11.2%5.1%+6.1%
YOY-3.9%7.5%-11.4%
3Y-5.6%3.5%-9.1%
5Y-8.6%-3.7%-4.9%
10Y-4.0%-0.1%-3.9%
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4.3.2. Operating Efficiency of Asia Aviation Public Company Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Asia Aviation Public Company Limited is operating .

  • Measures how much profit Asia Aviation Public Company Limited makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • An Operating Margin of 0.0% means the company generated ฿0.00  for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Asia Aviation Public Company Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM14.5%-14.5%
TTM14.5%YOY2.6%+11.9%
TTM14.5%5Y-202.2%+216.7%
5Y-202.2%10Y-99.1%-103.1%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM14.5%8.0%+6.5%
YOY2.6%7.4%-4.8%
3Y-13.8%4.4%-18.2%
5Y-202.2%-15.7%-186.5%
10Y-99.1%-4.4%-94.7%
4.3.2.2. Operating Ratio

Measures how efficient Asia Aviation Public Company Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Airlines industry mean).
  • An Operation Ratio of 1.62 means that the operating costs are ฿1.62 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of Asia Aviation Public Company Limited:

  • The MRQ is 1.622. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.008. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.622TTM1.008+0.614
TTM1.008YOY0.953+0.055
TTM1.0085Y2.758-1.750
5Y2.75810Y1.864+0.895
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6221.626-0.004
TTM1.0081.370-0.362
YOY0.9530.974-0.021
3Y1.1051.1050.000
5Y2.7581.319+1.439
10Y1.8641.123+0.741
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4.4.3. Liquidity of Asia Aviation Public Company Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Asia Aviation Public Company Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Airlines industry mean).
  • A Current Ratio of 0.55 means the company has ฿0.55 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of Asia Aviation Public Company Limited:

  • The MRQ is 0.549. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.506. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.549TTM0.506+0.043
TTM0.506YOY0.385+0.121
TTM0.5065Y0.311+0.195
5Y0.31110Y0.591-0.280
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5490.737-0.188
TTM0.5060.784-0.278
YOY0.3850.792-0.407
3Y0.3790.786-0.407
5Y0.3110.777-0.466
10Y0.5910.789-0.198
4.4.3.2. Quick Ratio

Measures if Asia Aviation Public Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • A Quick Ratio of 0.01 means the company can pay off ฿0.01 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Asia Aviation Public Company Limited:

  • The MRQ is 0.013. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.319. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.013TTM0.319-0.306
TTM0.319YOY0.268+0.051
TTM0.3195Y0.234+0.086
5Y0.23410Y0.554-0.320
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0130.333-0.320
TTM0.3190.415-0.096
YOY0.2680.608-0.340
3Y0.2590.605-0.346
5Y0.2340.650-0.416
10Y0.5540.637-0.083
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4.5.4. Solvency of Asia Aviation Public Company Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Asia Aviation Public Company Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Asia Aviation Public Company Limited to Airlines industry mean.
  • A Debt to Asset Ratio of 0.84 means that Asia Aviation Public Company Limited assets are financed with 83.5% credit (debt) and the remaining percentage (100% - 83.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Asia Aviation Public Company Limited:

  • The MRQ is 0.835. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.854. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.835TTM0.854-0.018
TTM0.854YOY0.894-0.040
TTM0.8545Y0.840+0.014
5Y0.84010Y0.670+0.170
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8350.839-0.004
TTM0.8540.832+0.022
YOY0.8940.828+0.066
3Y0.8780.830+0.048
5Y0.8400.832+0.008
10Y0.6700.773-0.103
4.5.4.2. Debt to Equity Ratio

Measures if Asia Aviation Public Company Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • A Debt to Equity ratio of 507.7% means that company has ฿5.08 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Asia Aviation Public Company Limited:

  • The MRQ is 5.077. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.999. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ5.077TTM5.999-0.922
TTM5.999YOY8.589-2.590
TTM5.9995Y6.236-0.236
5Y6.23610Y3.845+2.391
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0774.446+0.631
TTM5.9994.430+1.569
YOY8.5894.046+4.543
3Y7.6734.797+2.876
5Y6.2364.806+1.430
10Y3.8454.052-0.207
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings Asia Aviation Public Company Limited generates.

  • Above 15 is considered overpriced but always compare Asia Aviation Public Company Limited to the Airlines industry mean.
  • A PE ratio of 3.91 means the investor is paying ฿3.91 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Asia Aviation Public Company Limited:

  • The EOD is 2.802. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.914. Based on the earnings, the company is cheap. +2
  • The TTM is 27.136. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD2.802MRQ3.914-1.112
MRQ3.914TTM27.136-23.222
TTM27.136YOY-7.476+34.612
TTM27.1365Y3.057+24.078
5Y3.05710Y24.022-20.965
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD2.8022.641+0.161
MRQ3.9143.029+0.885
TTM27.1366.333+20.803
YOY-7.4766.412-13.888
3Y8.5634.521+4.042
5Y3.0571.326+1.731
10Y24.0226.056+17.966
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Asia Aviation Public Company Limited:

  • The EOD is 2.902. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.053. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.292. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.902MRQ4.053-1.151
MRQ4.053TTM5.292-1.239
TTM5.292YOY9.157-3.865
TTM5.2925Y-0.393+5.685
5Y-0.39310Y19.338-19.731
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD2.9024.767-1.865
MRQ4.0534.411-0.358
TTM5.2923.753+1.539
YOY9.1572.676+6.481
3Y1.6273.008-1.381
5Y-0.3931.305-1.698
10Y19.3380.201+19.137
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Asia Aviation Public Company Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Airlines industry mean).
  • A PB ratio of 1.70 means the investor is paying ฿1.70 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of Asia Aviation Public Company Limited:

  • The EOD is 1.218. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.701. Based on the equity, the company is underpriced. +1
  • The TTM is 2.776. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.218MRQ1.701-0.483
MRQ1.701TTM2.776-1.075
TTM2.776YOY4.372-1.596
TTM2.7765Y3.455-0.679
5Y3.45510Y2.775+0.680
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD1.2181.851-0.633
MRQ1.7011.826-0.125
TTM2.7762.010+0.766
YOY4.3722.018+2.354
3Y4.1641.968+2.196
5Y3.4552.253+1.202
10Y2.7752.667+0.108
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2024-03-312024-06-302024-09-302024-12-312025-03-31
Total Other Income Expense Net -620,4312,235-618,196-17,183-635,379-7,190-642,569978,304335,735



6.2. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in THB. All numbers in thousands.

Summary
Total Assets77,582,160
Total Liabilities64,815,455
Total Stockholder Equity12,766,705
 As reported
Total Liabilities 64,815,455
Total Stockholder Equity+ 12,766,705
Total Assets = 77,582,160

Assets

Total Assets77,582,160
Total Current Assets16,725,458
Long-term Assets60,856,702
Total Current Assets
Cash And Cash Equivalents 1,434,946
Short-term Investments 97,529
Net Receivables 305,640
Inventory 617,966
Total Current Assets  (as reported)16,725,458
Total Current Assets  (calculated)2,456,081
+/- 14,269,377
Long-term Assets
Property Plant Equipment 31,456,368
Goodwill 8,824,826
Long Term Investments 2,459,541
Intangible Assets 14,856,839
Long-term Assets Other 1,633,066
Long-term Assets  (as reported)60,856,702
Long-term Assets  (calculated)59,230,640
+/- 1,626,062

Liabilities & Shareholders' Equity

Total Current Liabilities30,449,440
Long-term Liabilities34,366,015
Total Stockholder Equity12,766,705
Total Current Liabilities
Short Long Term Debt 5,874,549
Accounts payable 1,250,162
Total Current Liabilities  (as reported)30,449,440
Total Current Liabilities  (calculated)7,124,711
+/- 23,324,729
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt35,978,246
Long-term Liabilities  (as reported)34,366,015
Long-term Liabilities  (calculated)35,978,246
+/- 1,612,231
Total Stockholder Equity
Total Stockholder Equity (as reported)12,766,705
Total Stockholder Equity (calculated)0
+/- 12,766,705
Other
Capital Stock1,285,000
Common Stock Shares Outstanding 12,850,000
Net Debt 8,332,669
Net Invested Capital 22,534,320
Net Working Capital -13,723,982
Property Plant and Equipment Gross 31,456,368



6.3. Balance Sheets Structured

Currency in THB. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-31
> Total Assets 
2,725,811
0
0
0
2,223,516
2,576,309
29,399,127
30,814,753
33,024,034
37,131,637
38,738,154
40,843,121
44,935,279
45,680,131
44,703,602
48,288,505
49,501,801
52,187,286
51,797,565
51,723,400
52,826,525
54,475,658
54,465,057
54,625,531
56,599,426
58,567,848
59,488,260
59,985,064
62,773,565
63,441,473
62,374,730
62,375,562
61,746,719
62,178,836
60,996,470
61,066,251
62,902,564
76,321,357
73,491,796
71,841,578
67,977,672
66,885,431
64,601,332
64,589,503
71,208,330
67,589,493
65,827,305
66,670,806
64,685,524
66,000,979
66,074,030
67,740,401
70,765,373
70,535,641
72,526,956
72,995,166
75,373,324
77,582,160
77,582,16075,373,32472,995,16672,526,95670,535,64170,765,37367,740,40166,074,03066,000,97964,685,52466,670,80665,827,30567,589,49371,208,33064,589,50364,601,33266,885,43167,977,67271,841,57873,491,79676,321,35762,902,56461,066,25160,996,47062,178,83661,746,71962,375,56262,374,73063,441,47362,773,56559,985,06459,488,26058,567,84856,599,42654,625,53154,465,05754,475,65852,826,52551,723,40051,797,56552,187,28649,501,80148,288,50544,703,60245,680,13144,935,27940,843,12138,738,15437,131,63733,024,03430,814,75329,399,1272,576,3092,223,5160002,725,811
   > Total Current Assets 
0
0
0
0
1,451,046
1,798,018
6,101,703
6,192,604
7,127,791
8,435,380
8,810,630
9,618,966
7,816,848
7,345,992
6,726,529
6,371,955
7,492,548
8,607,249
8,390,886
8,166,659
8,829,203
10,036,016
9,860,002
9,852,615
8,759,616
9,388,837
8,497,320
9,122,444
9,048,969
9,841,120
8,749,556
6,855,460
6,365,483
7,094,423
5,797,232
6,202,299
7,426,880
6,758,365
4,387,596
3,925,891
2,760,167
2,823,103
1,714,909
1,592,840
7,672,942
5,642,599
4,475,963
5,184,696
5,236,339
6,708,432
7,446,214
9,511,365
10,004,954
12,514,371
13,547,507
13,794,670
15,501,824
16,725,458
16,725,45815,501,82413,794,67013,547,50712,514,37110,004,9549,511,3657,446,2146,708,4325,236,3395,184,6964,475,9635,642,5997,672,9421,592,8401,714,9092,823,1032,760,1673,925,8914,387,5966,758,3657,426,8806,202,2995,797,2327,094,4236,365,4836,855,4608,749,5569,841,1209,048,9699,122,4448,497,3209,388,8378,759,6169,852,6159,860,00210,036,0168,829,2038,166,6598,390,8868,607,2497,492,5486,371,9556,726,5297,345,9927,816,8489,618,9668,810,6308,435,3807,127,7916,192,6046,101,7031,798,0181,451,0460000
       Cash And Cash Equivalents 
0
0
0
0
694,426
1,233,088
2,814,143
1,433,211
3,852,839
3,332,639
2,643,344
2,618,908
1,958,637
1,654,906
2,198,152
2,331,308
4,789,065
4,650,830
4,420,365
4,809,922
6,122,815
7,518,060
6,975,674
6,285,177
4,661,352
5,133,797
5,208,704
5,540,083
5,337,960
6,037,672
5,032,360
4,217,582
4,122,623
4,226,049
2,930,462
2,566,055
3,982,232
4,850,418
2,833,391
2,351,746
1,110,370
1,219,784
233,531
23,082
5,359,583
2,807,407
1,325,604
1,456,344
797,800
1,706,738
1,272,349
996,990
1,284,533
1,623,948
1,603,778
1,648,478
2,104,598
1,434,946
1,434,9462,104,5981,648,4781,603,7781,623,9481,284,533996,9901,272,3491,706,738797,8001,456,3441,325,6042,807,4075,359,58323,082233,5311,219,7841,110,3702,351,7462,833,3914,850,4183,982,2322,566,0552,930,4624,226,0494,122,6234,217,5825,032,3606,037,6725,337,9605,540,0835,208,7045,133,7974,661,3526,285,1776,975,6747,518,0606,122,8154,809,9224,420,3654,650,8304,789,0652,331,3082,198,1521,654,9061,958,6372,618,9082,643,3443,332,6393,852,8391,433,2112,814,1431,233,088694,4260000
       Short-term Investments 
0
0
0
0
4,651
17,911
2,186,549
3,501,274
1,168,966
3,858,548
4,876,063
5,390,270
4,481,179
3,813,618
2,793,036
2,088,086
1,503,199
2,305,697
2,329,944
1,961,510
1,109,230
850,706
850,164
1,535,729
2,069,764
2,028,571
1,514,435
1,509,864
1,489,009
1,444,850
1,500,178
500,000
0
0
0
0
0
0
0
0
0
0
0
118,707
316,500
514,322
545,221
280,492
184,600
59,593
68,181
79,398
70,686
65,003
82,781
72,629
130,159
97,529
97,529130,15972,62982,78165,00370,68679,39868,18159,593184,600280,492545,221514,322316,500118,70700000000000500,0001,500,1781,444,8501,489,0091,509,8641,514,4352,028,5712,069,7641,535,729850,164850,7061,109,2301,961,5102,329,9442,305,6971,503,1992,088,0862,793,0363,813,6184,481,1795,390,2704,876,0633,858,5481,168,9663,501,2742,186,54917,9114,6510000
       Net Receivables 
1,609,347
0
0
0
590,049
297,139
598,663
277,817
688,839
749,476
839,411
1,027,910
889,432
1,308,678
1,245,504
328,584
786,000
955,738
276,730
324,976
354,170
372,656
302,212
1,037,518
1,250,792
1,691,190
1,107,471
1,415,332
1,400,699
1,646,586
1,328,048
1,315,793
442,739
2,039,525
1,978,443
2,907,821
542,351
1,310,852
1,047,586
1,111,897
1,120,841
1,216,916
1,149,346
1,140,671
1,986,816
1,925,365
2,017,456
2,777,672
261,984
3,949,041
5,009,758
346,920
7,536,957
8,935,025
9,101,061
10,165,227
11,622,875
305,640
305,64011,622,87510,165,2279,101,0618,935,0257,536,957346,9205,009,7583,949,041261,9842,777,6722,017,4561,925,3651,986,8161,140,6711,149,3461,216,9161,120,8411,111,8971,047,5861,310,852542,3512,907,8211,978,4432,039,525442,7391,315,7931,328,0481,646,5861,400,6991,415,3321,107,4711,691,1901,250,7921,037,518302,212372,656354,170324,976276,730955,738786,000328,5841,245,5041,308,678889,4321,027,910839,411749,476688,839277,817598,663297,139590,0490001,609,347
       Inventory 
3,195
0
0
0
26,129
24,388
50,075
55,743
58,345
75,412
79,291
81,089
90,211
92,109
92,332
84,674
96,846
105,944
120,261
133,157
94,033
111,191
134,727
128,650
118,176
101,202
104,463
120,202
148,801
151,297
137,741
142,453
188,318
210,217
286,590
280,350
294,641
300,464
238,514
185,109
240,242
218,825
214,469
222,667
230,274
217,202
265,320
281,024
401,262
273,803
270,343
340,663
508,490
602,926
614,303
555,767
590,783
617,966
617,966590,783555,767614,303602,926508,490340,663270,343273,803401,262281,024265,320217,202230,274222,667214,469218,825240,242185,109238,514300,464294,641280,350286,590210,217188,318142,453137,741151,297148,801120,202104,463101,202118,176128,650134,727111,19194,033133,157120,261105,94496,84684,67492,33292,10990,21181,08979,29175,41258,34555,74350,07524,38826,1290003,195
   > Long-term Assets 
0
0
0
0
772,470
778,291
23,297,424
24,622,149
25,896,243
28,696,258
29,927,524
31,224,155
37,118,431
38,334,140
37,977,074
41,916,550
42,009,253
43,580,037
43,406,679
43,556,742
43,997,322
44,439,643
44,605,055
44,772,916
47,839,809
49,179,011
50,990,940
50,862,619
53,724,596
53,600,353
53,625,175
55,520,102
55,381,236
55,084,413
55,199,238
54,863,953
55,475,685
69,562,992
69,104,200
67,915,687
65,217,506
64,062,328
62,886,423
62,996,663
63,535,388
61,946,895
61,351,342
61,486,110
59,449,185
59,292,547
58,627,816
58,229,036
60,760,419
58,021,270
58,979,449
59,200,496
59,871,500
60,856,702
60,856,70259,871,50059,200,49658,979,44958,021,27060,760,41958,229,03658,627,81659,292,54759,449,18561,486,11061,351,34261,946,89563,535,38862,996,66362,886,42364,062,32865,217,50667,915,68769,104,20069,562,99255,475,68554,863,95355,199,23855,084,41355,381,23655,520,10253,625,17553,600,35353,724,59650,862,61950,990,94049,179,01147,839,80944,772,91644,605,05544,439,64343,997,32243,556,74243,406,67943,580,03742,009,25341,916,55037,977,07438,334,14037,118,43131,224,15529,927,52428,696,25825,896,24324,622,14923,297,424778,291772,4700000
       Property Plant Equipment 
137,328
0
0
0
154,498
176,657
372,831
1,656,478
2,923,551
4,318,477
5,506,981
6,792,875
10,956,024
12,209,828
12,027,447
15,948,758
16,033,305
18,586,252
18,368,659
18,421,838
18,216,069
17,933,694
17,727,745
17,492,634
20,425,357
21,765,083
23,068,453
22,737,526
25,472,748
25,196,180
24,862,244
26,545,179
26,185,182
25,875,229
25,506,108
25,160,337
24,877,261
38,947,327
38,382,857
37,214,425
34,757,769
33,721,377
32,523,466
32,505,463
33,561,969
32,164,394
31,316,428
30,327,205
29,210,936
29,271,766
28,395,005
27,540,836
27,989,735
27,390,565
28,059,901
29,195,457
30,359,544
31,456,368
31,456,36830,359,54429,195,45728,059,90127,390,56527,989,73527,540,83628,395,00529,271,76629,210,93630,327,20531,316,42832,164,39433,561,96932,505,46332,523,46633,721,37734,757,76937,214,42538,382,85738,947,32724,877,26125,160,33725,506,10825,875,22926,185,18226,545,17924,862,24425,196,18025,472,74822,737,52623,068,45321,765,08320,425,35717,492,63417,727,74517,933,69418,216,06918,421,83818,368,65918,586,25216,033,30515,948,75812,027,44712,209,82810,956,0246,792,8755,506,9814,318,4772,923,5511,656,478372,831176,657154,498000137,328
       Goodwill 
286,184
0
0
0
286,184
286,184
7,415,116
7,415,116
7,415,116
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,826
8,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8268,824,8267,415,1167,415,1167,415,116286,184286,184000286,184
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,849
11,849
11,849
11,884
11,884
11,884
11,884
12,594
12,594
12,594
12,594
13,191
13,191
1,093,941
1,030,901
1,068,386
0
848,452
886,448
782,094
0
867,086
915,264
1,015,083
0
910,585
957,886
1,753,436
0
1,978,033
2,087,384
2,078,235
0
2,459,541
2,459,54102,078,2352,087,3841,978,03301,753,436957,886910,58501,015,083915,264867,0860782,094886,448848,45201,068,3861,030,9011,093,94113,19113,19112,59412,59412,59412,59411,88411,88411,88411,88411,84911,84911,849000000000000000000000000
       Intangible Assets 
296,748
0
0
0
293,458
293,063
22,282,610
14,868,464
14,867,810
14,868,857
14,868,309
14,869,194
14,868,737
14,871,070
14,870,575
14,869,026
14,867,983
14,868,075
14,869,598
14,868,754
14,868,493
14,870,811
14,869,701
14,869,931
14,871,537
14,892,597
14,890,830
14,889,518
14,889,078
14,886,675
14,886,863
14,886,310
14,882,990
14,880,517
14,878,655
14,877,526
14,878,770
14,876,631
14,875,460
14,873,491
14,871,200
14,869,039
14,866,898
14,864,774
14,862,686
14,861,621
14,860,846
14,860,126
14,859,467
14,858,857
14,858,293
14,858,190
14,857,786
14,857,402
14,857,029
14,856,757
14,857,136
14,856,839
14,856,83914,857,13614,856,75714,857,02914,857,40214,857,78614,858,19014,858,29314,858,85714,859,46714,860,12614,860,84614,861,62114,862,68614,864,77414,866,89814,869,03914,871,20014,873,49114,875,46014,876,63114,878,77014,877,52614,878,65514,880,51714,882,99014,886,31014,886,86314,886,67514,889,07814,889,51814,890,83014,892,59714,871,53714,869,93114,869,70114,870,81114,868,49314,868,75414,869,59814,868,07514,867,98314,869,02614,870,57514,871,07014,868,73714,869,19414,868,30914,868,85714,867,81014,868,46422,282,610293,063293,458000296,748
       Long-term Assets Other 
0
0
0
0
320,979
305,037
635,053
673,321
7,714
673,870
717,180
726,848
339,189
1,143,133
968,643
979,637
171,193
1,286,346
1,329,150
1,426,020
1,072,822
2,797,020
3,169,492
3,573,676
2,665,544
3,684,656
4,194,983
4,398,865
3,652,264
4,680,788
5,039,358
5,251,193
4,532,741
5,491,247
5,977,055
5,988,072
5,963,213
5,792,362
5,984,499
5,920,304
6,763,711
5,791,915
5,623,660
5,510,329
6,285,907
4,842,546
4,206,195
3,653,005
3,937,286
3,482,295
3,358,618
2,589,553
3,587,431
2,315,627
2,519,687
2,920,986
4,379,065
1,633,066
1,633,0664,379,0652,920,9862,519,6872,315,6273,587,4312,589,5533,358,6183,482,2953,937,2863,653,0054,206,1954,842,5466,285,9075,510,3295,623,6605,791,9156,763,7115,920,3045,984,4995,792,3625,963,2135,988,0725,977,0555,491,2474,532,7415,251,1935,039,3584,680,7883,652,2644,398,8654,194,9833,684,6562,665,5443,573,6763,169,4922,797,0201,072,8221,426,0201,329,1501,286,346171,193979,637968,6431,143,133339,189726,848717,180673,8707,714673,321635,053305,037320,9790000
> Total Liabilities 
3,685,214
0
0
0
2,215,866
2,252,167
4,205,358
5,401,802
6,857,412
11,666,015
12,771,449
14,586,589
18,260,001
18,757,909
18,102,754
22,070,077
22,485,901
24,251,300
23,489,495
24,161,484
24,743,365
24,559,551
23,782,745
23,220,127
26,479,181
27,412,820
28,023,596
28,047,028
31,320,463
30,158,686
31,427,020
33,272,832
33,123,925
32,786,061
32,481,787
33,310,493
35,214,091
53,737,537
52,118,563
52,991,565
50,617,357
52,722,800
53,509,575
57,274,426
54,379,532
54,100,917
57,062,285
61,956,019
56,731,118
57,687,169
58,772,746
62,133,808
62,353,036
62,532,395
64,439,642
61,461,474
63,993,845
64,815,455
64,815,45563,993,84561,461,47464,439,64262,532,39562,353,03662,133,80858,772,74657,687,16956,731,11861,956,01957,062,28554,100,91754,379,53257,274,42653,509,57552,722,80050,617,35752,991,56552,118,56353,737,53735,214,09133,310,49332,481,78732,786,06133,123,92533,272,83231,427,02030,158,68631,320,46328,047,02828,023,59627,412,82026,479,18123,220,12723,782,74524,559,55124,743,36524,161,48423,489,49524,251,30022,485,90122,070,07718,102,75418,757,90918,260,00114,586,58912,771,44911,666,0156,857,4125,401,8024,205,3582,252,1672,215,8660003,685,214
   > Total Current Liabilities 
3,684,525
0
0
0
2,162,229
2,202,597
4,096,957
4,292,542
4,962,453
5,763,547
5,908,966
6,790,802
7,271,569
6,888,374
6,490,231
7,503,803
7,864,752
7,742,050
7,045,704
7,354,474
8,296,486
8,479,655
8,123,454
8,196,570
9,270,101
9,411,877
8,620,928
9,212,771
10,910,136
10,270,732
9,200,659
10,744,069
11,022,162
10,502,888
11,714,656
12,856,357
13,959,030
16,815,450
18,115,701
19,338,807
17,823,281
19,904,363
21,680,054
22,770,061
17,560,271
16,599,199
19,478,941
22,898,946
21,893,147
23,085,856
23,588,564
25,830,324
25,023,088
27,401,289
28,621,339
29,424,967
29,066,162
30,449,440
30,449,44029,066,16229,424,96728,621,33927,401,28925,023,08825,830,32423,588,56423,085,85621,893,14722,898,94619,478,94116,599,19917,560,27122,770,06121,680,05419,904,36317,823,28119,338,80718,115,70116,815,45013,959,03012,856,35711,714,65610,502,88811,022,16210,744,0699,200,65910,270,73210,910,1369,212,7718,620,9289,411,8779,270,1018,196,5708,123,4548,479,6558,296,4867,354,4747,045,7047,742,0507,864,7527,503,8036,490,2316,888,3747,271,5696,790,8025,908,9665,763,5474,962,4534,292,5424,096,9572,202,5972,162,2290003,684,525
       Short-term Debt 
0
0
0
0
250,292
2,094
4,162
68,410
137,143
199,396
277,054
339,152
615,066
672,442
695,327
904,530
959,006
1,120,064
1,133,420
1,267,472
1,261,443
1,258,022
1,270,228
1,490,215
1,791,507
1,765,687
1,578,344
1,582,842
2,647,416
2,499,767
1,561,025
2,171,993
2,163,848
2,023,743
3,321,219
4,287,467
4,438,210
7,915,554
9,051,185
9,944,577
9,312,259
10,023,565
11,472,529
11,585,820
9,502,482
8,911,693
10,174,853
11,124,870
9,651,711
9,133,015
9,474,772
9,417,567
9,524,403
9,927,214
10,388,367
10,829,508
11,635,712
0
011,635,71210,829,50810,388,3679,927,2149,524,4039,417,5679,474,7729,133,0159,651,71111,124,87010,174,8538,911,6939,502,48211,585,82011,472,52910,023,5659,312,2599,944,5779,051,1857,915,5544,438,2104,287,4673,321,2192,023,7432,163,8482,171,9931,561,0252,499,7672,647,4161,582,8421,578,3441,765,6871,791,5071,490,2151,270,2281,258,0221,261,4431,267,4721,133,4201,120,064959,006904,530695,327672,442615,066339,152277,054199,396137,14368,4104,1622,094250,2920000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,455,218
16,175,482
17,428,923
266,877
1,348,080
1,235,392
252,616
863,572
213,772
713,818
2,013,724
2,963,988
3,103,474
2,474,409
2,932,959
3,572,684
3,286,285
2,796,052
2,259,666
3,944,236
3,570,871
3,632,770
2,763,588
3,482,577
3,320,643
3,187,959
3,597,844
3,602,157
3,735,461
3,872,174
3,951,586
4,734,034
4,712,932
5,874,549
5,874,5494,712,9324,734,0343,951,5863,872,1743,735,4613,602,1573,597,8443,187,9593,320,6433,482,5772,763,5883,632,7703,570,8713,944,2362,259,6662,796,0523,286,2853,572,6842,932,9592,474,4093,103,4742,963,9882,013,724713,818213,772863,572252,6161,235,3921,348,080266,87717,428,92316,175,48215,455,218000000000000000000000000
       Accounts payable 
87,507
0
0
0
54,025
50,507
170,653
89,905
70,989
77,602
80,105
131,349
152,951
263,779
166,906
122,839
175,171
328,772
202,450
214,545
335,807
338,642
1,063,966
405,794
488,960
315,631
285,460
252,169
310,666
277,653
332,152
308,803
159,683
293,717
554,650
886,951
915,105
693,608
768,749
616,004
756,515
838,064
813,482
960,907
989,232
805,835
956,313
1,113,126
1,463,521
981,625
1,382,046
1,454,635
1,893,437
1,228,236
932,150
1,756,207
1,051,315
1,250,162
1,250,1621,051,3151,756,207932,1501,228,2361,893,4371,454,6351,382,046981,6251,463,5211,113,126956,313805,835989,232960,907813,482838,064756,515616,004768,749693,608915,105886,951554,650293,717159,683308,803332,152277,653310,666252,169285,460315,631488,960405,7941,063,966338,642335,807214,545202,450328,772175,171122,839166,906263,779152,951131,34980,10577,60270,98989,905170,65350,50754,02500087,507
       Other Current Liabilities 
1,415,330
0
0
0
472,567
534,347
885,915
935,625
1,105,341
1,231,033
1,314,545
6,202,399
6,353,078
5,797,159
5,627,998
6,476,433
6,730,575
6,293,214
5,709,834
5,872,457
6,699,236
6,882,990
5,789,260
2,188,233
2,751,487
2,984,458
2,454,143
2,672,866
3,131,066
2,988,139
2,950,522
3,846,766
3,711,697
3,581,720
3,674,805
3,308,826
3,956,753
5,539,613
5,354,391
5,926,822
5,381,073
6,074,669
6,961,889
7,944,564
7,068,557
4,508,197
5,442,484
5,992,220
10,777,915
7,081,911
7,470,375
8,805,877
8,633,202
10,959,582
12,401,963
10,863,006
10,620,506
0
010,620,50610,863,00612,401,96310,959,5828,633,2028,805,8777,470,3757,081,91110,777,9155,992,2205,442,4844,508,1977,068,5577,944,5646,961,8896,074,6695,381,0735,926,8225,354,3915,539,6133,956,7533,308,8263,674,8053,581,7203,711,6973,846,7662,950,5222,988,1393,131,0662,672,8662,454,1432,984,4582,751,4872,188,2335,789,2606,882,9906,699,2365,872,4575,709,8346,293,2146,730,5756,476,4335,627,9985,797,1596,353,0786,202,3991,314,5451,231,0331,105,341935,625885,915534,347472,5670001,415,330
   > Long-term Liabilities 
0
0
0
0
53,637
49,569
108,402
1,109,260
1,894,959
5,902,468
6,862,482
7,795,787
10,988,432
11,869,535
11,612,523
14,566,274
14,621,150
16,509,250
16,443,792
16,807,010
16,446,878
16,079,897
15,659,291
15,023,558
17,209,080
18,000,942
19,402,668
18,834,256
20,410,327
19,887,954
22,226,361
22,528,763
22,101,762
22,283,173
20,767,131
20,454,136
21,255,060
36,922,088
34,002,862
33,652,759
32,794,076
32,818,437
31,829,521
34,504,365
36,819,261
37,501,718
37,583,344
39,057,073
34,837,971
34,601,313
35,184,182
36,303,484
37,329,948
35,131,106
35,818,303
32,036,507
34,927,683
34,366,015
34,366,01534,927,68332,036,50735,818,30335,131,10637,329,94836,303,48435,184,18234,601,31334,837,97139,057,07337,583,34437,501,71836,819,26134,504,36531,829,52132,818,43732,794,07633,652,75934,002,86236,922,08821,255,06020,454,13620,767,13122,283,17322,101,76222,528,76322,226,36119,887,95420,410,32718,834,25619,402,66818,000,94217,209,08015,023,55815,659,29116,079,89716,446,87816,807,01016,443,79216,509,25014,621,15014,566,27411,612,52311,869,53510,988,4327,795,7876,862,4825,902,4681,894,9591,109,260108,40249,56953,6370000
       Other Liabilities 
0
0
0
0
42,204
45,061
100,707
106,917
111,846
127,700
135,225
142,750
132,998
142,056
151,115
160,174
157,548
168,093
178,637
189,182
168,946
178,478
189,611
200,744
254,951
264,742
280,958
297,174
346,675
368,046
3,588,032
3,542,867
3,463,233
3,503,497
3,560,349
3,668,893
3,713,444
3,033,389
3,283,617
3,273,448
3,447,831
3,062,294
2,856,912
2,323,014
1,182,245
844,456
856,237
884,294
734,444
0
789,548
0
0
0
0
0
0
0
0000000789,5480734,444884,294856,237844,4561,182,2452,323,0142,856,9123,062,2943,447,8313,273,4483,283,6173,033,3893,713,4443,668,8933,560,3493,503,4973,463,2333,542,8673,588,032368,046346,675297,174280,958264,742254,951200,744189,611178,478168,946189,182178,637168,093157,548160,174151,115142,056132,998142,750135,225127,700111,846106,917100,70745,06142,2040000
> Total Stockholder Equity
0
0
0
0
7,650
324,142
17,760,284
17,889,891
18,310,505
18,678,156
18,958,026
19,116,382
19,345,888
19,484,858
19,308,526
19,099,475
19,534,211
20,040,624
20,246,552
19,855,015
20,142,385
21,151,465
21,573,969
21,970,602
21,270,519
21,840,842
22,011,493
22,272,417
22,005,885
23,009,996
21,733,904
20,721,034
20,455,364
20,879,122
20,396,645
19,980,012
19,943,878
17,136,953
16,471,258
15,084,141
14,266,109
12,507,613
10,819,596
8,744,102
20,201,098
13,488,576
8,765,020
4,714,787
7,954,406
8,313,810
7,301,284
5,606,593
8,412,337
8,003,246
8,087,314
11,533,692
11,379,479
12,766,705
12,766,70511,379,47911,533,6928,087,3148,003,2468,412,3375,606,5937,301,2848,313,8107,954,4064,714,7878,765,02013,488,57620,201,0988,744,10210,819,59612,507,61314,266,10915,084,14116,471,25817,136,95319,943,87819,980,01220,396,64520,879,12220,455,36420,721,03421,733,90423,009,99622,005,88522,272,41722,011,49321,840,84221,270,51921,970,60221,573,96921,151,46520,142,38519,855,01520,246,55220,040,62419,534,21119,099,47519,308,52619,484,85819,345,88819,116,38218,958,02618,678,15618,310,50517,889,89117,760,284324,1427,6500000
   Retained Earnings 
0
0
0
0
0
0
14,746,156
14,853,850
15,259,409
15,608,593
15,873,218
16,031,574
16,261,079
16,400,050
16,223,717
16,014,667
16,449,403
16,955,816
17,161,744
16,745,957
17,031,067
18,040,040
18,489,160
18,859,175
18,137,211
18,707,533
18,878,184
19,139,109
18,872,576
19,876,687
18,600,595
17,587,726
17,322,056
17,745,814
17,263,337
16,846,703
16,810,569
15,454,928
14,313,605
12,476,770
11,337,158
9,472,574
7,780,697
5,682,417
6,126,334
3,755,735
-967,821
-5,018,054
-9,178,902
-8,819,498
-9,832,024
-11,526,715
-8,720,971
-9,130,062
-9,045,994
-5,599,616
-5,753,829
-4,366,603
-4,366,603-5,753,829-5,599,616-9,045,994-9,130,062-8,720,971-11,526,715-9,832,024-8,819,498-9,178,902-5,018,054-967,8213,755,7356,126,3345,682,4177,780,6979,472,57411,337,15812,476,77014,313,60515,454,92816,810,56916,846,70317,263,33717,745,81417,322,05617,587,72618,600,59519,876,68718,872,57619,139,10918,878,18418,707,53318,137,21118,859,17518,489,16018,040,04017,031,06716,745,95717,161,74416,955,81616,449,40316,014,66716,223,71716,400,05016,261,07916,031,57415,873,21815,608,59315,259,40914,853,85014,746,156000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
-33,713
-15,245
0
0
0
0
0
0
0
0
0
24,250
26,510
26,617
0
26,620
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
48,500
0
048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50048,50026,620026,61726,51024,250000000000-15,245-33,71300000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000



6.4. Balance Sheets

Currency in THB. All numbers in thousands.




6.5. Cash Flows

Currency in THB. All numbers in thousands.




6.6. Income Statements

Currency in THB. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in THB. All numbers in thousands.

Gross Profit (+$)
totalRevenue49,435,629
Cost of Revenue-40,878,884
Gross Profit8,556,7458,556,745
 
Operating Income (+$)
Gross Profit8,556,745
Operating Expense-1,859,687
Operating Income6,697,0586,697,058
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,134,612
Selling And Marketing Expenses2,052,546
Operating Expense1,859,6873,187,158
 
Net Interest Income (+$)
Interest Income79,867
Interest Expense-2,419,432
Other Finance Cost-177,010
Net Interest Income-2,516,575
 
Pretax Income (+$)
Operating Income6,697,058
Net Interest Income-2,516,575
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,180,4839,213,633
EBIT - interestExpense = 4,180,483
4,180,483
5,897,370
Interest Expense2,419,432
Earnings Before Interest and Taxes (EBIT)6,599,9156,599,915
Earnings Before Interest and Taxes (EBITDA)10,699,387
 
After tax Income (+$)
Income Before Tax4,180,483
Tax Provision-702,545
Net Income From Continuing Ops3,477,9383,477,938
Net Income3,477,938
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses42,738,571
Total Other Income/Expenses Net-2,516,5752,516,575
 

Technical Analysis of Asia Aviation Public Company Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Asia Aviation Public Company Limited. The general trend of Asia Aviation Public Company Limited is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Asia Aviation Public Company Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Asia Aviation Public Company Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Asia Aviation Public Company Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1.24 < 1.26 < 1.45.

The bearish price targets are: 0.95.

Know someone who trades $AAV? Share this with them.👇

Asia Aviation Public Company Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Asia Aviation Public Company Limited. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Asia Aviation Public Company Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Asia Aviation Public Company Limited. The current macd is -0.00362488.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Asia Aviation Public Company Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Asia Aviation Public Company Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Asia Aviation Public Company Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Asia Aviation Public Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartAsia Aviation Public Company Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Asia Aviation Public Company Limited. The current adx is 24.60.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Asia Aviation Public Company Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Asia Aviation Public Company Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Asia Aviation Public Company Limited. The current sar is 1.01084185.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Asia Aviation Public Company Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Asia Aviation Public Company Limited. The current rsi is 58.59. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Asia Aviation Public Company Limited Daily Relative Strength Index (RSI) ChartAsia Aviation Public Company Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Asia Aviation Public Company Limited. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Asia Aviation Public Company Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Asia Aviation Public Company Limited Daily Stochastic Oscillator ChartAsia Aviation Public Company Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Asia Aviation Public Company Limited. The current cci is 143.04.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Asia Aviation Public Company Limited Daily Commodity Channel Index (CCI) ChartAsia Aviation Public Company Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Asia Aviation Public Company Limited. The current cmo is 35.55.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Asia Aviation Public Company Limited Daily Chande Momentum Oscillator (CMO) ChartAsia Aviation Public Company Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Asia Aviation Public Company Limited. The current willr is -10.34482759.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Asia Aviation Public Company Limited Daily Williams %R ChartAsia Aviation Public Company Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Asia Aviation Public Company Limited.

Asia Aviation Public Company Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Asia Aviation Public Company Limited. The current atr is 0.05497085.

Asia Aviation Public Company Limited Daily Average True Range (ATR) ChartAsia Aviation Public Company Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Asia Aviation Public Company Limited. The current obv is -2,168,808,627.

Asia Aviation Public Company Limited Daily On-Balance Volume (OBV) ChartAsia Aviation Public Company Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Asia Aviation Public Company Limited. The current mfi is 80.55.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Asia Aviation Public Company Limited Daily Money Flow Index (MFI) ChartAsia Aviation Public Company Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Asia Aviation Public Company Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-16ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Asia Aviation Public Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Asia Aviation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.595
Ma 20Greater thanMa 501.097
Ma 50Greater thanMa 1001.195
Ma 100Greater thanMa 2001.518
OpenGreater thanClose1.180
Total1/5 (20.0%)
Penke
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