Air Asia Financials
| 2630 Stock | TWD 30.30 0.15 0.50% |
Air |
Understanding current and past Air Asia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Asia's financial statements are interrelated, with each one affecting the others. For example, an increase in Air Asia's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Air Asia's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air Asia Co. Check Air Asia's Beneish M Score to see the likelihood of Air Asia's management manipulating its earnings.
Air Asia Stock Summary
Air Asia competes with Chi Sheng, Forest Water, ECOVE Environment, Jinan Acetate, and Shiny Chemical. Air Asia Co., Ltd. operates as an aircraft maintenance company in Taiwan and internationally. Air Asia Co., Ltd. was founded in 1946 and is based in Tainan City, Taiwan. AIR ASIA is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002630001 |
| Business Address | No 1050 Jichang |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Benchmark | Dow Jones Industrial |
| Website | www.airasia.com.tw |
| Phone | 886 6 268 1911 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Air Asia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Air Stock, because this is throwing your money away. Analyzing the key information contained in Air Asia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Air Asia Key Financial Ratios
There are many critical financial ratios that Air Asia's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Air Asia reports annually and quarterly.| Return On Equity | 0.0135 | |||
| Return On Asset | 0.0043 | |||
| Beta | 0.74 | |||
| Z Score | 5.4 | |||
| Last Dividend Paid | 0.23 |
Air Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air Asia's current stock value. Our valuation model uses many indicators to compare Air Asia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Asia competition to find correlations between indicators driving Air Asia's intrinsic value. More Info.Air Asia Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Air Asia Co is roughly 3.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air Asia's earnings, one of the primary drivers of an investment's value.Air Asia Systematic Risk
Air Asia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Asia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Air Asia correlated with the market. If Beta is less than 0 Air Asia generally moves in the opposite direction as compared to the market. If Air Asia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Asia is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Asia is generally in the same direction as the market. If Beta > 1 Air Asia moves generally in the same direction as, but more than the movement of the benchmark.
Air Asia Thematic Clasifications
Air Asia Co is part of Air investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Air services and air delivery. Companies specializing in air services and air delivery
This theme covers Air services and air delivery. Companies specializing in air services and air delivery. Get More Thematic Ideas
| Air | View |
Air Asia November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Air Asia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Asia Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Asia Co based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Asia's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.98 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.5 |
Additional Tools for Air Stock Analysis
When running Air Asia's price analysis, check to measure Air Asia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Asia is operating at the current time. Most of Air Asia's value examination focuses on studying past and present price action to predict the probability of Air Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Asia's price. Additionally, you may evaluate how the addition of Air Asia to your portfolios can decrease your overall portfolio volatility.