Asia Plus Group Holdings PCL Cash Flow Conversion Efficiency

Latest as of December 2025: 0.253x

Asia Plus Group Holdings PCL cash flow conversion efficiency. Based on the latest financial reports, Asia Plus Group Holdings PCL (ASP) has a cash flow conversion efficiency ratio of 0.253x 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 (฿1.20 Billion ≈ $37.49 Million USD) by net assets (฿4.76 Billion ≈ $148.29 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 Plus Group Holdings PCL (2004–2025)

Cash flow conversion efficiency of Asia Plus Group Holdings PCL from 2004 to 2025. This chart illustrates how Asia Plus Group Holdings PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ASP stock price and chart for real-time trading data and today's change.

Asia Plus Group Holdings PCL Cash Flow Conversion Ratio Explained

Asia Plus Group Holdings PCL 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 Plus Group Holdings PCL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Asia Plus Group Holdings PCL ranked by their cash flow conversion efficiency. Also see Asia Plus Group Holdings PCL (ASP) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Dat Phuong JSC VN:DPG	0.059x
CI Games SA WAR:CIG	0.095x
Mahkota Group Tbk PT JK:MGRO	-0.440x
Fu Yu Property Co Ltd TWO:4907	0.079x
Forth Smart Service Public Company Limited BK:FSMART	0.073x
Tucows Inc. TO:TC	-0.019x
Faze Three Limited NSE:FAZE3Q	0.025x
Nusantara Pelabuhan Handal Tbk PT JK:PORT	0.114x

Annual Cash Flow Conversion Efficiency for Asia Plus Group Holdings PCL (2004–2025)

The table below shows the annual cash flow conversion efficiency of Asia Plus Group Holdings PCL from 2004 to 2025. Review ASP cash flow after capex ratio 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
2025-12-31	฿4.76 Billion ≈ $148.29 Million	฿1.81 Billion ≈ $56.33 Million	0.380x	-11.94%
2024-12-31	฿4.91 Billion ≈ $152.91 Million	฿2.12 Billion ≈ $65.96 Million	0.431x	-38.96%
2023-12-31	฿4.89 Billion ≈ $152.51 Million	฿3.46 Billion ≈ $107.77 Million	0.707x	+317.03%
2022-12-31	฿4.87 Billion ≈ $151.94 Million	฿826.00 Million ≈ $25.75 Million	0.169x	+118.43%
2021-12-31	฿4.99 Billion ≈ $155.42 Million	฿-4.58 Billion ≈ $-142.88 Million	-0.919x	-702.59%
2020-12-31	฿4.79 Billion ≈ $149.34 Million	฿-548.81 Million ≈ $-17.11 Million	-0.115x	-24.55%
2019-12-31	฿4.65 Billion ≈ $144.79 Million	฿-427.21 Million ≈ $-13.32 Million	-0.092x	-110.81%
2018-12-31	฿4.63 Billion ≈ $144.19 Million	฿3.93 Billion ≈ $122.64 Million	0.851x	+1005.48%
2017-12-31	฿4.83 Billion ≈ $150.59 Million	฿-453.82 Million ≈ $-14.15 Million	-0.094x	-186.01%
2016-12-31	฿4.75 Billion ≈ $148.02 Million	฿518.64 Million ≈ $16.17 Million	0.109x	+52.54%
2015-12-31	฿4.43 Billion ≈ $138.21 Million	฿317.47 Million ≈ $9.90 Million	0.072x	-71.63%
2014-12-31	฿4.59 Billion ≈ $143.10 Million	฿1.16 Billion ≈ $36.11 Million	0.252x	+66.06%
2013-12-31	฿4.44 Billion ≈ $138.25 Million	฿674.01 Million ≈ $21.01 Million	0.152x	+170.46%
2012-12-31	฿4.18 Billion ≈ $130.31 Million	฿-901.65 Million ≈ $-28.10 Million	-0.216x	-175.47%
2011-12-31	฿3.98 Billion ≈ $123.92 Million	฿1.14 Billion ≈ $35.41 Million	0.286x	+360.59%
2010-12-31	฿4.29 Billion ≈ $133.60 Million	฿-470.05 Million ≈ $-14.65 Million	-0.110x	-75.95%
2009-12-31	฿3.86 Billion ≈ $120.41 Million	฿-240.77 Million ≈ $-7.50 Million	-0.062x	-178.03%
2008-12-31	฿3.38 Billion ≈ $105.40 Million	฿270.11 Million ≈ $8.42 Million	0.080x	-22.10%
2007-12-31	฿3.75 Billion ≈ $116.94 Million	฿384.73 Million ≈ $11.99 Million	0.103x	+424.60%
2006-12-31	฿3.77 Billion ≈ $117.54 Million	฿-119.12 Million ≈ $-3.71 Million	-0.032x	-122.45%
2005-12-31	฿3.84 Billion ≈ $119.55 Million	฿539.80 Million ≈ $16.82 Million	0.141x	+2183.86%
2004-12-31	฿4.00 Billion ≈ $124.74 Million	฿-27.03 Million ≈ $-842.44K	-0.007x	--

About Asia Plus Group Holdings PCL

BK:ASP Thailand Capital Markets

Market Cap

$144.40 Million

฿4.63 Billion THB

Market Cap Rank

#17538 Global

#239 in Thailand

Share Price

฿2.28

Change (1 day)

-0.87%

52-Week Range

฿1.98 - ฿2.56

All Time High

฿3.21