The Erawan Group Public Company Limited (ERW) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.067x

Based on the latest financial reports, The Erawan Group Public Company Limited (ERW) has a cash flow conversion efficiency ratio of 0.067x as of March 2026. 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 (฿688.53 Million ≈ $21.46 Million USD) by net assets (฿10.21 Billion ≈ $318.15 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 The Erawan Group Public Company Limited (ERW) balance sheet quality index to measure how much of total assets are equity-financed.

The Erawan Group Public Company Limited - Cash Flow Conversion Efficiency Trend (2001–2025)

This chart illustrates how The Erawan Group Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check ERW cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

The Erawan Group Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Electrosteel Castings Limited NSE:ELECTCAST	0.070x
Nemak S. A. B. de C. V MX:NEMAKA	0.099x
Automotive Properties Real Estate Investment Trust TO:APR-UN	0.022x
Shanghai Yongli Belting Co Ltd SHE:300230	0.037x
BlackRock Core Bond Closed Fund NYSE:BHK	0.030x
Armada Hflr Pr NYSE:AHH	0.016x
Pangaea Logistic NASDAQ:PANL	0.061x
AS Tallink Grupp F:T5N	0.020x

Annual Cash Flow Conversion Efficiency for The Erawan Group Public Company Limited (2001–2025)

The table below shows the annual cash flow conversion efficiency of The Erawan Group Public Company Limited from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see ERW market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿9.79 Billion ≈ $305.06 Million	฿1.99 Billion ≈ $62.15 Million	0.204x	-31.38%
2024-12-31	฿9.49 Billion ≈ $295.85 Million	฿2.82 Billion ≈ $87.85 Million	0.297x	-17.37%
2023-12-31	฿6.37 Billion ≈ $198.55 Million	฿2.29 Billion ≈ $71.35 Million	0.359x	+59.80%
2022-12-31	฿5.72 Billion ≈ $178.34 Million	฿1.29 Billion ≈ $40.10 Million	0.225x	+313.72%
2021-12-31	฿6.02 Billion ≈ $187.72 Million	฿-633.72 Million ≈ $-19.75 Million	-0.105x	+22.85%
2020-12-31	฿3.93 Billion ≈ $122.45 Million	฿-535.79 Million ≈ $-16.70 Million	-0.136x	-145.52%
2019-12-31	฿5.94 Billion ≈ $185.19 Million	฿1.78 Billion ≈ $55.48 Million	0.300x	-1.93%
2018-12-31	฿5.71 Billion ≈ $177.93 Million	฿1.74 Billion ≈ $54.35 Million	0.305x	-1.75%
2017-12-31	฿5.40 Billion ≈ $168.41 Million	฿1.68 Billion ≈ $52.36 Million	0.311x	+11.40%
2016-12-31	฿5.07 Billion ≈ $158.11 Million	฿1.42 Billion ≈ $44.13 Million	0.279x	+5.16%
2015-12-31	฿4.92 Billion ≈ $153.25 Million	฿1.30 Billion ≈ $40.67 Million	0.265x	+35.69%
2014-12-31	฿4.73 Billion ≈ $147.55 Million	฿925.95 Million ≈ $28.86 Million	0.196x	-23.94%
2013-12-31	฿5.23 Billion ≈ $162.98 Million	฿1.34 Billion ≈ $41.91 Million	0.257x	-22.69%
2012-12-31	฿3.71 Billion ≈ $115.77 Million	฿1.24 Billion ≈ $38.51 Million	0.333x	+35.12%
2011-12-31	฿3.77 Billion ≈ $117.49 Million	฿927.96 Million ≈ $28.92 Million	0.246x	-13.77%
2010-12-31	฿3.27 Billion ≈ $102.02 Million	฿934.39 Million ≈ $29.12 Million	0.285x	+38.01%
2009-12-31	฿3.54 Billion ≈ $110.31 Million	฿732.09 Million ≈ $22.82 Million	0.207x	-15.78%
2008-12-31	฿3.76 Billion ≈ $117.15 Million	฿923.13 Million ≈ $28.77 Million	0.246x	+84.23%
2007-12-31	฿3.75 Billion ≈ $116.90 Million	฿500.01 Million ≈ $15.59 Million	0.133x	-56.81%
2006-12-31	฿2.91 Billion ≈ $90.59 Million	฿897.08 Million ≈ $27.96 Million	0.309x	+101.55%
2005-12-31	฿3.99 Billion ≈ $124.37 Million	฿611.03 Million ≈ $19.05 Million	0.153x	-17.07%
2004-12-31	฿4.00 Billion ≈ $124.63 Million	฿738.37 Million ≈ $23.01 Million	0.185x	+45.42%
2003-12-31	฿3.89 Billion ≈ $121.25 Million	฿493.97 Million ≈ $15.40 Million	0.127x	-18.37%
2002-12-31	฿3.49 Billion ≈ $108.80 Million	฿543.03 Million ≈ $16.93 Million	0.156x	+31.82%
2001-12-31	฿3.26 Billion ≈ $101.70 Million	฿385.06 Million ≈ $12.00 Million	0.118x	--

About The Erawan Group Public Company Limited

BK:ERW Thailand Lodging

Market Cap

$487.43 Million

฿15.64 Billion THB

Market Cap Rank

#12128 Global

#134 in Thailand

Share Price

฿3.20

Change (1 day)

+3.90%

52-Week Range

฿2.04 - ฿3.24

All Time High

฿6.92