ASTRO :

OPERATING PFOFIT MARGIN = EARNING BEFORE INTEREST TAX

SALES
= 721 m
5,231m
= 0.14 @ 14 %

NET PROFIT MARGIN = NET PFOFIT AFTER TAXES

TOTAL REVENUE
= 514 m
5,231 m
= 0.038 @ 3.8%

TOTAL ASSET TURNOVER = TOTAL ASSET

SALES
= 6,731m
5,231m
= 128 %

CURRENT RATIO = CURRENT ASSET

CURRENT LIABILITY
= 2,533m
4,112m

= 0.6 TIMES
QUICK RATIO = C . ASSET INVENTORY PREPAID EXPENSES

CURRENT LIABILITY
= 2,307m 13m 233m
2,208
= 0.9 TIMES

RETURN ON ASSET = NET PFOFIT AFTER TAX

TOTAL ASSET
= 514m
6,731m
= 0.076 @ 7.6%

RETURN ON EQUITY = NET PROFIT AFTER TAX

TOTAL EQUITY
= 514m
694m
= 0.74 @ 74%

AIRASIA :
OPERATING PFOFIT MARGIN = EARNING BEFORE INTEREST TAX

SALES
= 23m
5,416m
= 0.42 %

NET PROFIT MARGIN = NET PFOFIT AFTER TAXES

TOTAL REVENUE
= 83m
5,416m
= 0.015 @ 15%

TOTAL ASSET TURNOVER = TOTAL ASSET

SALES
= 20,664m
5,416m
= 382 %

CURRENT RATIO = CURRENT ASSET

CURRENT LIABILITY
= 2,307m
2,208m
= 1.0 TIMES

QUICK RATIO = C . ASSET INVENTORY PREPAID EXPENSES

CURRENT LIABILITY
= 2,533m 18m 320m

4,112
= 0.53 TIMES

RETURN ON ASSET = NET PFOFIT AFTER TAX

TOTAL ASSET
= 63m
20,664m
= 0.40%

RETURN ON EQUITY = NET PROFIT AFTER TAX

TOTAL EQUITY
= 83m
4,555m
= 0.018 @ 1.8%

REFERENCES
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=ASTRO:KLS&subview=BalanceSheet
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=AIRASIA:KLS&subview=BalanceSheet

http://www.marketwatch.com/investing/stock/astro/financials
http://finance.yahoo.com/q/hp?s=5099.KL
http://finance.yahoo.com/q/hp?s=6399.KL

CONCLUSION
AirAsia has power factor and can be viewed from two perspectives, namely a key factor and
support factor. The main factors acting as a business base or backbone of the company. Side
factors while also acting as a booster and reinforcement of the main factors.
Main factors. There are three main factors, namely Model imagination, a strong share ownership

and manager / administrator efficient. Cathay Pacific Airways builds on a number of budget
airline model, which has a long-running and high achievers. Among these companies is Crunch
Time (Thailand), Jetblue, Easy Jet, Ryanair (Dublin), Go Holiday, and AWAIR. Based on the
systems that have been successful, AirAsia Berhad unlikely losses. Moreover it is the first lowcost airline established in Southeast Asia
But today its economical air services (budget airlines), the largest in Asia was
rumored to be delisted from the stock exchange in Malaysia or Kuala Lumpur Stock
Exchange (KLCE) and a private company (private)..

Also for astro "In a challenging operating environment coupled with consumer sentiment, Astro
Group continued to record positive growth strategy to generate shareholder value creation.
Therefore, the Board is pleased to announce a second interim dividend of 2.75 cents per share,
which valued 22% higher compared with the same period last year. "
"Astro also has shown positive growth through revenue through advertising when it recorded an
increase of 5% be RM305 million, and is supported by the high number of viewing recorded TV
and radio audience of listeners. It has started the development of the shares of Adex TV and
Astro Radex to 35% and 61% each.