AirAsia X Bhd
AirAsia X Berhad, together with its subsidiaries, provides long haul air transportation services under the AirAsia brand in Malaysia, Thailand, and Indonesia. It also offers logistical management and marketing services; and leases aircraft facilities, as well as commercial air transport services. The company was formerly known as Fly Asian Xpress Sdn Bhd and changed its name to AirAsia X Berhad i… Read more
AirAsia X Bhd (5238) - Total Assets
Latest total assets as of December 2025: RM3.36 Billion MYR
Based on the latest financial reports, AirAsia X Bhd (5238) holds total assets worth RM3.36 Billion MYR as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
AirAsia X Bhd - Total Assets Trend (2012–2025)
This chart illustrates how AirAsia X Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AirAsia X Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
AirAsia X Bhd's total assets of RM3.36 Billion consist of 24.0% current assets and 76.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 2.6% |
| Accounts Receivable | RM697.83 Million | 20.8% |
| Inventory | RM12.86 Million | 0.4% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how AirAsia X Bhd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AirAsia X Bhd's current assets represent 24.0% of total assets in 2025, an increase from 13.3% in 2012.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2025, down from 4.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 20.8% of total assets.
AirAsia X Bhd Competitors by Total Assets
Key competitors of AirAsia X Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.24 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$350.66 Billion |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
Taiwan | NT$91.35 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
AirAsia X Bhd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - AirAsia X Bhd generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, AirAsia X Bhd generates $5.71 in net profit.
AirAsia X Bhd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.62 | 0.61 | 0.23 |
| Quick Ratio | 0.61 | 0.60 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM-491.68 Million | RM -479.46 Million | RM -3.47 Billion |
AirAsia X Bhd - Advanced Valuation Insights
This section examines the relationship between AirAsia X Bhd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.29 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | RM3.36 Billion |
| Market Capitalization | $83.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values AirAsia X Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: AirAsia X Bhd's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for AirAsia X Bhd (2012–2025)
The table below shows the annual total assets of AirAsia X Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM3.36 Billion | +3.47% |
| 2024-12-31 | RM3.25 Billion | +3.47% |
| 2023-12-31 | RM3.14 Billion | +26.37% |
| 2022-12-31 | RM2.48 Billion | +27.69% |
| 2020-12-31 | RM1.94 Billion | -79.64% |
| 2019-12-31 | RM9.55 Billion | +120.02% |
| 2018-12-31 | RM4.34 Billion | -8.87% |
| 2017-12-31 | RM4.76 Billion | +1.97% |
| 2016-12-31 | RM4.67 Billion | +11.71% |
| 2015-12-31 | RM4.18 Billion | +11.95% |
| 2014-12-31 | RM3.74 Billion | -6.65% |
| 2013-12-31 | RM4.00 Billion | +64.83% |
| 2012-12-31 | RM2.43 Billion | -- |