AP (Thailand) Public Company Limited (AP) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.039x

Based on the latest financial reports, AP (Thailand) Public Company Limited (AP) has a cash flow conversion efficiency ratio of 0.039x as of December 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 (฿1.80 Billion ≈ $56.21 Million USD) by net assets (฿46.08 Billion ≈ $1.44 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

AP (Thailand) Public Company Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how AP (Thailand) Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AP current and long-term liabilities for a breakdown of total debt and financial obligations.

AP (Thailand) Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of AP (Thailand) Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Huayi Compressor Co Ltd SHE:000404	0.033x
ODP Corp NASDAQ:ODP	0.109x
Patria Investments Ltd NASDAQ:PAX	0.103x
Shenzhen Infinova Ltd SHE:002528	-0.364x
Dynamatic Technologies Limited NSE:DYNAMATECH	0.068x
Close Brothers Group plc F:CS3	-0.081x
Macmic Science & Technology Co Ltd SHG:688711	0.040x
New Mountain Finance Corporation NASDAQ:NMFC	0.018x

Annual Cash Flow Conversion Efficiency for AP (Thailand) Public Company Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of AP (Thailand) Public Company Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see AP market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿46.08 Billion ≈ $1.44 Billion	฿1.84 Billion ≈ $57.23 Million	0.040x	-43.46%
2024-12-31	฿43.64 Billion ≈ $1.36 Billion	฿3.08 Billion ≈ $95.88 Million	0.070x	+126.50%
2023-12-31	฿40.74 Billion ≈ $1.27 Billion	฿-10.84 Billion ≈ $-337.74 Million	-0.266x	-413.18%
2022-12-31	฿36.73 Billion ≈ $1.14 Billion	฿-1.90 Billion ≈ $-59.34 Million	-0.052x	-182.75%
2021-12-31	฿32.42 Billion ≈ $1.01 Billion	฿2.03 Billion ≈ $63.30 Million	0.063x	-75.04%
2020-12-31	฿29.26 Billion ≈ $912.11 Million	฿7.35 Billion ≈ $228.94 Million	0.251x	+167.28%
2019-12-31	฿26.30 Billion ≈ $819.63 Million	฿-9.81 Billion ≈ $-305.78 Million	-0.373x	-210.34%
2018-12-31	฿24.38 Billion ≈ $759.88 Million	฿-2.93 Billion ≈ $-91.35 Million	-0.120x	+59.32%
2017-12-31	฿21.63 Billion ≈ $674.28 Million	฿-6.39 Billion ≈ $-199.24 Million	-0.295x	-1346.08%
2016-12-31	฿19.42 Billion ≈ $605.43 Million	฿-396.91 Million ≈ $-12.37 Million	-0.020x	+22.93%
2015-12-31	฿17.65 Billion ≈ $550.26 Million	฿-468.10 Million ≈ $-14.59 Million	-0.027x	-143.96%
2014-12-31	฿15.85 Billion ≈ $493.98 Million	฿955.99 Million ≈ $29.80 Million	0.060x	+131.66%
2013-12-31	฿14.01 Billion ≈ $436.60 Million	฿-2.67 Billion ≈ $-83.18 Million	-0.191x	-195.72%
2012-12-31	฿12.52 Billion ≈ $390.24 Million	฿2.49 Billion ≈ $77.67 Million	0.199x	+168.65%
2011-12-31	฿10.66 Billion ≈ $332.28 Million	฿-3.09 Billion ≈ $-96.33 Million	-0.290x	-35.83%
2010-12-31	฿9.51 Billion ≈ $296.55 Million	฿-2.03 Billion ≈ $-63.29 Million	-0.213x	-397.06%
2009-12-31	฿8.19 Billion ≈ $255.19 Million	฿588.26 Million ≈ $18.34 Million	0.072x	+144.22%
2008-12-31	฿6.79 Billion ≈ $211.59 Million	฿-1.10 Billion ≈ $-34.38 Million	-0.162x	+22.81%
2007-12-31	฿5.72 Billion ≈ $178.23 Million	฿-1.20 Billion ≈ $-37.52 Million	-0.211x	-294.24%
2006-12-31	฿5.05 Billion ≈ $157.41 Million	฿547.36 Million ≈ $17.06 Million	0.108x	+133.12%
2005-12-31	฿3.99 Billion ≈ $124.52 Million	฿-1.31 Billion ≈ $-40.74 Million	-0.327x	--

About AP (Thailand) Public Company Limited

BK:AP Thailand Real Estate - Development

Market Cap

$843.27 Million

฿27.05 Billion THB

Market Cap Rank

#9898 Global

#84 in Thailand

Share Price

฿8.60

Change (1 day)

+0.00%

52-Week Range

฿5.70 - ฿9.55

All Time High

฿11.87