Asia Aviation Public Company Limited (AAV) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.385x

Based on the latest financial reports, Asia Aviation Public Company Limited (AAV) has a cash flow conversion efficiency ratio of 0.385x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿4.67 Billion ≈ $145.41 Million USD) by net assets (฿12.11 Billion ≈ $377.34 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see AAV market cap for the company's overall valuation and market capitalisation.

Asia Aviation Public Company Limited - Cash Flow Conversion Efficiency Trend (2009–2024)

This chart illustrates how Asia Aviation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Asia Aviation Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Asia Aviation Public Company Limited ranked by their cash flow conversion efficiency. Explore Asia Aviation Public Company Limited (AAV) cash earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
ZheJiang HuaSheng Technology Co.Ltd SHG:605180	N/A
Morguard Real Estate Investment Trust TO:MRT-UN	0.002x
Energiekontor AG F:EKT	-0.007x
Sichuan Haowu Electromechanical Co Ltd SHE:000757	0.020x
Serve Robotics Inc. Common Stock NASDAQ:SERV	-0.130x
Skymoons Technology Inc. KQ:033790	0.060x
Dalian Friendship Group Co Ltd SHE:000679	-0.543x
Shanghai DOBE Cultural & Creative Industry Development (Group) Co. LTD. SHE:300947	N/A

Annual Cash Flow Conversion Efficiency for Asia Aviation Public Company Limited (2009–2024)

The table below shows the annual cash flow conversion efficiency of Asia Aviation Public Company Limited from 2009 to 2024. View current stock price of Asia Aviation Public Company Limited for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿11.38 Billion ≈ $354.69 Million	฿7.46 Billion ≈ $232.62 Million	0.656x	-11.57%
2023-12-31	฿8.41 Billion ≈ $262.21 Million	฿6.24 Billion ≈ $194.47 Million	0.742x	+945.97%
2022-12-31	฿7.95 Billion ≈ $247.93 Million	฿564.02 Million ≈ $17.58 Million	0.071x	+127.45%
2021-12-31	฿16.83 Billion ≈ $524.54 Million	฿-4.35 Billion ≈ $-135.49 Million	-0.258x	-399.42%
2020-12-31	฿17.36 Billion ≈ $541.11 Million	฿-897.90 Million ≈ $-27.99 Million	-0.052x	-248.30%
2019-12-31	฿27.69 Billion ≈ $863.03 Million	฿965.68 Million ≈ $30.10 Million	0.035x	-65.21%
2018-12-31	฿28.62 Billion ≈ $892.15 Million	฿2.87 Billion ≈ $89.43 Million	0.100x	-38.58%
2017-12-31	฿31.45 Billion ≈ $980.37 Million	฿5.13 Billion ≈ $160.00 Million	0.163x	+12.19%
2016-12-31	฿30.12 Billion ≈ $938.82 Million	฿4.38 Billion ≈ $136.57 Million	0.145x	+35.84%
2015-12-31	฿28.08 Billion ≈ $875.33 Million	฿3.01 Billion ≈ $93.73 Million	0.107x	+56.47%
2014-12-31	฿27.02 Billion ≈ $842.06 Million	฿1.85 Billion ≈ $57.63 Million	0.068x	-50.56%
2013-12-31	฿26.68 Billion ≈ $831.45 Million	฿3.69 Billion ≈ $115.09 Million	0.138x	+37.04%
2012-12-31	฿26.17 Billion ≈ $815.59 Million	฿2.64 Billion ≈ $82.38 Million	0.101x	-99.71%
2011-12-31	฿7.65 Million ≈ $238.45K	฿262.43 Million ≈ $8.18 Million	34.304x	+20877.92%
2010-12-31	฿-959.40 Million ≈ $-29.90 Million	฿-156.88 Million ≈ $-4.89 Million	0.164x	+471.99%
2009-12-31	฿-1.96 Billion ≈ $-61.23 Million	฿86.35 Million ≈ $2.69 Million	-0.044x	--

About Asia Aviation Public Company Limited

BK:AAV Thailand Airlines

Market Cap

$344.45 Million

฿11.05 Billion THB

Market Cap Rank

#14328 Global

#163 in Thailand

Share Price

฿0.86

Change (1 day)

-1.15%

52-Week Range

฿0.82 - ฿1.38

All Time High

฿6.50