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AirAsia X Bhd
Previous close
RM 1.89
Day range
RM 1.81 - RM 1.88
Year range
RM 1.14 - RM 2.16
Market cap
818.14M MYR
Avg Volume
2.32M
P/E ratio
4.11
Dividend yield
-
Primary exchange
KLSE
Market news
Financials
Income Statement
Revenue
Net income
(MYR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 795.03M | 22.62% |
Operating expense | 80.52M | 487.08% |
Net income | 121.64M | 2,086.54% |
Net profit margin | 15.30 | 1,679.07% |
Earnings per share | — | — |
EBITDA | 27.17M | -79.44% |
Effective tax rate | 0.21% | — |
Balance Sheet
Total assets
Total liabilities
(MYR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 42.25M | -64.68% |
Total assets | 3.16B | 3.38% |
Total liabilities | 2.83B | -4.15% |
Total equity | 328.64M | — |
Shares outstanding | 447.07M | — |
Price to book | 2.55 | — |
Return on assets | 1.96% | — |
Return on capital | 3.81% | — |
Cash Flow
Net change in cash
(MYR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 121.64M | 2,086.54% |
Cash from operations | 60.32M | 146.88% |
Cash from investing | -7.14M | 17.82% |
Cash from financing | -70.14M | -229.12% |
Net change in cash | -15.63M | 89.53% |
Free cash flow | -91.11M | -1,055.78% |
About
AirAsia X Berhad, operating as AirAsia X, is a Malaysian long-haul, low-cost airline and a subsidiary of the AirAsia Group. The airline was initially established in 2006 as FlyAsian Express and began by operating regional routes under Malaysia’s Rural Air Service. After encountering operational challenges, FAX transitioned to a long-haul, low-cost carrier model and rebranded as AirAsia X in 2007. It launched its first international flight in November 2007, connecting Kuala Lumpur to Gold Coast, Australia.
AirAsia X expanded its network over the following years, establishing routes to various destinations across Australia, Europe and Asia. Despite challenges such as fluctuating fuel prices and increased competition, the airline focused on strategic growth through fleet expansion and operational improvements. In 2013, AirAsia X went public with an initial public offering on the Bursa Malaysia stock exchange.
The COVID-19 pandemic in 2020 led to a suspension of operations and the airline underwent a debt restructuring process. By 2022, AirAsia X had repositioned itself for recovery and by 2023, it experienced growth, particularly in passenger numbers and route expansion. Wikipedia
Founded
2007
Website
Employees
962