Asphere Innovations Public Company Limited (AS) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.054x

Based on the latest financial reports, Asphere Innovations Public Company Limited (AS) has a cash flow conversion efficiency ratio of 0.054x 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 (฿71.12 Million ≈ $2.22 Million USD) by net assets (฿1.32 Billion ≈ $41.16 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Asphere Innovations Public Company Limit (AS) net asset quality to measure how much of total assets are equity-financed.

Asphere Innovations Public Company Limited - Cash Flow Conversion Efficiency Trend (2006–2024)

This chart illustrates how Asphere Innovations Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Asphere Innovations Public Company Limit's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Asphere Innovations Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Asphere Innovations Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
DONGJIANG ENVIRONMENTAL H F:DGN	N/A
Aimei Health Technology Co., Ltd Ordinary Share NASDAQ:AFJK	-0.009x
International Meal Company Alimentação S.A SA:MEAL3	0.004x
HUBLine Bhd KLSE:7013	0.155x
InCity Immobilien AG XETRA:IC8	-0.020x
Lider Faktoring AS IS:LIDFA	-0.140x
Heidelberger Beteiligungsholding AG F:IPOK	N/A
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS IS:BRKO	0.031x

Annual Cash Flow Conversion Efficiency for Asphere Innovations Public Company Limited (2006–2024)

The table below shows the annual cash flow conversion efficiency of Asphere Innovations Public Company Limited from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Asphere Innovations Public Company Limit stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿1.27 Billion ≈ $39.58 Million	฿200.36 Million ≈ $6.25 Million	0.158x	-54.31%
2023-12-31	฿943.21 Million ≈ $29.40 Million	฿325.71 Million ≈ $10.15 Million	0.345x	+50.07%
2022-12-31	฿1.02 Billion ≈ $31.82 Million	฿234.88 Million ≈ $7.32 Million	0.230x	-71.24%
2021-12-31	฿858.02 Million ≈ $26.74 Million	฿686.40 Million ≈ $21.39 Million	0.800x	-21.52%
2020-12-31	฿492.74 Million ≈ $15.36 Million	฿502.30 Million ≈ $15.66 Million	1.019x	+36.40%
2019-12-31	฿141.73 Million ≈ $4.42 Million	฿105.92 Million ≈ $3.30 Million	0.747x	+1047.52%
2018-12-31	฿145.46 Million ≈ $4.53 Million	฿-11.47 Million ≈ $-357.60K	-0.079x	-382.28%
2017-12-31	฿122.64 Million ≈ $3.82 Million	฿3.43 Million ≈ $106.81K	0.028x	-95.28%
2016-12-31	฿113.96 Million ≈ $3.55 Million	฿67.53 Million ≈ $2.10 Million	0.593x	+129.19%
2015-12-31	฿218.98 Million ≈ $6.83 Million	฿56.62 Million ≈ $1.76 Million	0.259x	+8.15%
2014-12-31	฿759.44 Million ≈ $23.67 Million	฿181.56 Million ≈ $5.66 Million	0.239x	-12.68%
2013-12-31	฿1.22 Billion ≈ $37.96 Million	฿333.46 Million ≈ $10.39 Million	0.274x	-30.47%
2012-12-31	฿1.38 Billion ≈ $42.93 Million	฿542.32 Million ≈ $16.90 Million	0.394x	+11.32%
2011-12-31	฿1.32 Billion ≈ $41.10 Million	฿466.39 Million ≈ $14.54 Million	0.354x	-9.02%
2010-12-31	฿1.27 Billion ≈ $39.67 Million	฿494.78 Million ≈ $15.42 Million	0.389x	+76.05%
2009-12-31	฿1.24 Billion ≈ $38.65 Million	฿273.80 Million ≈ $8.53 Million	0.221x	+17.32%
2008-12-31	฿1.26 Billion ≈ $39.30 Million	฿237.34 Million ≈ $7.40 Million	0.188x	-83.97%
2007-12-31	฿397.70 Million ≈ $12.40 Million	฿467.04 Million ≈ $14.56 Million	1.174x	+147.37%
2006-12-31	฿325.46 Million ≈ $10.14 Million	฿154.50 Million ≈ $4.82 Million	0.475x	--

About Asphere Innovations Public Company Limited

BK:AS Thailand Electronic Gaming & Multimedia

Market Cap

$37.66 Million

฿1.21 Billion THB

Market Cap Rank

#22955 Global

#420 in Thailand

Share Price

฿2.42

Change (1 day)

+1.68%

52-Week Range

฿2.24 - ฿3.92

All Time High

฿26.11