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. See AP (Thailand) Public Company Limited (AP) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check AP cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Wuxi Huadong Heavy Machinery Co Ltd SHE:002685	0.042x
New Mountain Finance Corporation NASDAQ:NMFC	0.018x
Construtora Tenda S.A SA:TEND3	0.084x
Cresud SA BA:CRES	-0.021x
Wushang Group Co Ltd SHE:000501	0.033x
Guizhou Zhenhua E chem Inc SHG:688707	-0.026x
Shenzhen Fuanna Bedding and Furnishing Co Ltd SHE:002327	0.030x
Guangzhou Automobile Group Co. Ltd F:02G	0.001x

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 company net worth.

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

$799.15 Million

฿25.64 Billion THB

Market Cap Rank

#9912 Global

#98 in Thailand

Share Price

฿8.15

Change (1 day)

-1.21%

52-Week Range

฿6.95 - ฿9.55

All Time High

฿11.87