AirAsia Group Bhd (XKLS:5238) Property, Plant and Equipment: RM13,306 Mil (As of Mar. 2026)

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XKLS:5238 AirAsia Group Bhd XKLS:5238
46 GF Score
Price RM1.11
GF Value RM1.60
Valuation Possible Value Trap
! 6 Warning Signs
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What is AirAsia Group Bhd Property, Plant and Equipment?

AirAsia Group Bhd XKLS:5238 -1.77% 46 Property, Plant and Equipment is RM13,306 Mil as of Mar. 2026. GuruFocus rates XKLS:5238 with a GF Score™ of 46/100 and a GF Value™ of RM1.60 (Possible Value Trap). The stock has 6 warning signs investors should review.

AirAsia Group Bhd's quarterly net PPE declined from Sep. 2025 (RM1,224 Mil) to Dec. 2025 (RM1,107 Mil) but then increased from Dec. 2025 (RM1,107 Mil) to Mar. 2026 (RM13,306 Mil).

AirAsia Group Bhd's annual net PPE declined from Dec. 2023 (RM1,342 Mil) to Dec. 2024 (RM1,230 Mil) and declined from Dec. 2024 (RM1,230 Mil) to Dec. 2025 (RM1,107 Mil).


AirAsia Group Bhd  (XKLS:5238) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


AirAsia Group Bhd Property, Plant and Equipment Related Terms


AirAsia Group Bhd Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for AirAsia Group Bhd's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AirAsia Group Bhd Property, Plant and Equipment Chart

AirAsia Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 624.96 5,583.22 1,341.74 1,229.53 1,107.39

AirAsia Group Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,312.88 1,274.44 1,223.71 1,107.39 13,305.64
XKLS:5238
46GF Score
AirAsia Group Bhd XKLS:5238
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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AirAsia Group Bhd Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of RM13,306 Mil mean?
AirAsia Group Bhd (XKLS:5238) has a Property, Plant and Equipment of RM13,306 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on AirAsia Group Bhd and its competitors.
Is AirAsia Group Bhd's Property, Plant and Equipment too high?
AirAsia Group Bhd's current Property, Plant and Equipment is RM13,306 Mil. Overall, AirAsia Group Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's Property, Plant and Equipment compare to DAL and UAL?
AirAsia Group Bhd's Property, Plant and Equipment of RM13,306 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Transportation company?
A good Property, Plant and Equipment depends on the Transportation industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on AirAsia Group Bhd and its competitors. AirAsia Group Bhd's current Property, Plant and Equipment is RM13,306 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.60, compared to a current price of RM1.11 — trading 30.6% below its estimated fair value. The current Property, Plant and Equipment is RM13,306 Mil. AirAsia Group Bhd's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For AirAsia Group Bhd (XKLS:5238), the current Property, Plant and Equipment is RM13,306 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued. The current stock price of RM1.11 is trading 30.6% below its estimated GF Value™ of RM1.60. GuruFocus considers AirAsia Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5238:

  • Property, Plant and Equipment: RM13,306 Mil
  • GF Value™: RM1.60 vs. price of RM1.11 (30.6% below fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirAsia Group Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5238

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.11
Price
RM1.60
GF Value