Asia Aviation Public Company Limited Cash Flow Conversion Efficiency

Latest as of September 2025: 0.385x

Asia Aviation Public Company Limited cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Asia Aviation Public Company Limited from 2009 to 2024. This chart illustrates how Asia Aviation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View AAV share price today for real-time trading data and today's change.

Asia Aviation Public Company Limited Cash Flow Conversion Ratio Explained

Asia Aviation Public Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see how much is Asia Aviation Public Company Limited worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
KNOTUS Co.Ltd KQ:278650	-0.083x
Drugs Made In America Acquisition Corp. Units NASDAQ:DMAAU	-0.001x
CapMan Oyj B HE:CAPMAN	-0.087x
Bell Financial Group Ltd AU:BFG	0.188x
Inmobiliaria del Sur SA MC:ISUR	-0.025x
Nanjing Chervon Auto Precision Technology Co Ltd SHG:603982	0.067x
Dalian Friendship Group Co Ltd SHE:000679	-0.543x
SNDL INC. F:VY4	0.003x

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. Review free cash flow generation of Asia Aviation Public Company Limited to assess how much free cash flow the company generates relative to operating cash flow.

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

$308.40 Million

฿9.89 Billion THB

Market Cap Rank

#14359 Global

#170 in Thailand

Share Price

฿0.77

Change (1 day)

-3.75%

52-Week Range

฿0.72 - ฿1.38

All Time High

฿6.50