AirAsia Group Berhad
Capital A Berhad, an investment holding company, engages travel and lifestyle businesses in Malaysia, the Philippines, Indonesia, Thailand, and internationally. It operates through Engineering, Move, Teleport, BigPay, Santan, Brand AA, and other segments. The company offers commercial air transport; management; engineering; renting of air transport equipment; drone training and related drone; and… Read more
AirAsia Group Berhad (AIABF) - Net Assets
Latest net assets as of December 2025: $935.30 Million USD
Based on the latest financial reports, AirAsia Group Berhad (AIABF) has net assets worth $935.30 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.38 Billion) and total liabilities ($6.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $935.30 Million |
| % of Total Assets | 12.68% |
| Annual Growth Rate | -4.39% |
| 5-Year Change | N/A |
| 10-Year Change | -85.89% |
| Growth Volatility | 69.22 |
AirAsia Group Berhad - Net Assets Trend (2007–2025)
This chart illustrates how AirAsia Group Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AirAsia Group Berhad (2007–2025)
The table below shows the annual net assets of AirAsia Group Berhad from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $935.30 Million | +109.26% |
| 2024-12-31 | $-10.10 Billion | +4.93% |
| 2023-12-31 | $-10.62 Billion | -11.64% |
| 2022-12-31 | $-9.52 Billion | -48.17% |
| 2021-12-31 | $-6.42 Billion | -79.92% |
| 2020-12-31 | $-3.57 Billion | -222.64% |
| 2019-12-31 | $2.91 Billion | -52.94% |
| 2018-12-31 | $6.19 Billion | -7.82% |
| 2017-12-31 | $6.71 Billion | +1.24% |
| 2016-12-31 | $6.63 Billion | +48.91% |
| 2015-12-31 | $4.45 Billion | -2.29% |
| 2014-12-31 | $4.56 Billion | -8.92% |
| 2013-12-31 | $5.00 Billion | -15.27% |
| 2012-12-31 | $5.90 Billion | +46.22% |
| 2011-12-31 | $4.04 Billion | +10.86% |
| 2010-12-31 | $3.64 Billion | +38.91% |
| 2009-12-31 | $2.62 Billion | +63.25% |
| 2008-12-31 | $1.61 Billion | -23.52% |
| 2007-12-31 | $2.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AirAsia Group Berhad's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 569.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.80 Billion | 908.76% |
| Other Comprehensive Income | $7.48 Million | 0.77% |
| Total Equity | $968.33 Million | 100.00% |
AirAsia Group Berhad Competitors by Market Cap
The table below lists competitors of AirAsia Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinry Technologies Co Ltd Class A
SHE:300745
|
$418.11 Million |
|
Zhewen Pictures Group Co Ltd
SHG:601599
|
$418.14 Million |
|
TTW Public Company Limited
PINK:TTAPF
|
$418.18 Million |
|
medmix AG
PINK:MDMXF
|
$418.22 Million |
|
Kaufman & Broad S.A
F:3GH
|
$418.08 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$418.02 Million |
|
Zydus Wellness Limited
NSE:ZYDUSWELL
|
$418.00 Million |
|
Wenfeng Great World Chain Development Corp
SHG:601010
|
$417.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AirAsia Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -8,788,017,000 to 968,328,632, a change of 9,756,345,632.
- Net income of 13,004,568,369 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,716,764,318.
- Other factors decreased equity by 7,964,987,055.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.00 Billion | +1342.99% |
| Other Comprehensive Income | $4.72 Billion | +487.1% |
| Other Changes | $-7.96 Billion | -822.55% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares AirAsia Group Berhad's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.22x to 0.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.68 | $0.15 | x |
| 2009-12-31 | $1.07 | $0.15 | x |
| 2010-12-31 | $1.31 | $0.15 | x |
| 2011-12-31 | $1.45 | $0.15 | x |
| 2012-12-31 | $2.12 | $0.15 | x |
| 2013-12-31 | $1.80 | $0.15 | x |
| 2014-12-31 | $1.64 | $0.15 | x |
| 2015-12-31 | $1.60 | $0.15 | x |
| 2016-12-31 | $2.38 | $0.15 | x |
| 2017-12-31 | $2.44 | $0.15 | x |
| 2018-12-31 | $2.33 | $0.15 | x |
| 2019-12-31 | $1.35 | $0.15 | x |
| 2020-12-31 | $-0.36 | $0.15 | x |
| 2021-12-31 | $-0.89 | $0.15 | x |
| 2022-12-31 | $-1.41 | $0.15 | x |
| 2023-12-31 | $-2.08 | $0.15 | x |
| 2024-12-31 | $-2.04 | $0.15 | x |
| 2025-12-31 | $0.22 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AirAsia Group Berhad utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1342.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 653.50%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 7.62x
- Recent ROE (1342.99%) is above the historical average (83.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -30.93% | -18.85% | 0.28x | 5.93x | $-657.12 Million |
| 2009 | 19.32% | 16.16% | 0.27x | 4.35x | $244.16 Million |
| 2010 | 29.15% | 26.88% | 0.30x | 3.64x | $697.32 Million |
| 2011 | 13.76% | 12.35% | 0.32x | 3.45x | $151.68 Million |
| 2012 | 31.03% | 37.03% | 0.30x | 2.84x | $1.24 Billion |
| 2013 | 7.24% | 7.08% | 0.29x | 3.57x | $-137.97 Million |
| 2014 | 1.82% | 1.53% | 0.26x | 4.54x | $-372.67 Million |
| 2015 | 12.16% | 8.59% | 0.30x | 4.79x | $95.96 Million |
| 2016 | 30.91% | 29.94% | 0.31x | 3.31x | $1.39 Billion |
| 2017 | 20.24% | 16.77% | 0.45x | 2.69x | $823.96 Million |
| 2018 | 25.27% | 18.49% | 0.57x | 2.38x | $1.19 Billion |
| 2019 | -6.30% | -2.39% | 0.46x | 5.69x | $-733.06 Million |
| 2020 | 0.00% | -188.04% | 0.16x | 0.00x | $-5.77 Billion |
| 2021 | 0.00% | -202.64% | 0.09x | 0.00x | $-3.38 Billion |
| 2022 | 0.00% | -51.33% | 0.32x | 0.00x | $-2.73 Billion |
| 2023 | 0.00% | 2.29% | 0.52x | 0.00x | $1.21 Billion |
| 2024 | 0.00% | -31.72% | 0.05x | 0.00x | $403.69 Million |
| 2025 | 1342.99% | 653.50% | 0.27x | 7.62x | $12.91 Billion |
Industry Comparison
This section compares AirAsia Group Berhad's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $93,475,865,696
- Average return on equity (ROE) among peers: 10.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AirAsia Group Berhad (AIABF) | $935.30 Million | -30.93% | 6.89x | $418.10 Million |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.21 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.35 Billion |
| ANA Holdings Inc (ALNPF) | $794.90 Billion | 9.83% | 1.80x | $7.63 Billion |