International Research Corporation Public Company Limited (IRCP) - Cash Flow Conversion Efficiency

Latest as of June 2026: -0.180x

Based on the latest financial reports, International Research Corporation Public Company Limited (IRCP) has a cash flow conversion efficiency ratio of -0.180x as of June 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 (฿-78.95 Million ≈ $-2.46 Million USD) by net assets (฿438.50 Million ≈ $13.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see International Research Corporation Publi market cap and net worth for the company's overall valuation and market capitalisation.

International Research Corporation Public Company Limited - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how International Research Corporation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

International Research Corporation Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of International Research Corporation Public Company Limited ranked by their cash flow conversion efficiency. Explore IRCP cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Compodium International AB ST:COMPDM	0.015x
FOS Capital Ltd AU:FOS	0.031x
AJ Lucas Group Ltd AU:AJL	-0.766x
Warehouse REIT plc LSE:WHR	0.027x
Heavy Rare EARTHS Ltd AU:HRE	-0.534x
Orestone Mining Corp V:ORS	-0.048x
iOThree Limited Ordinary Shares NASDAQ:IOTR	0.143x
Highfield Resources Ltd F:23H	-0.025x

Annual Cash Flow Conversion Efficiency for International Research Corporation Public Company Limited (2003–2025)

The table below shows the annual cash flow conversion efficiency of International Research Corporation Public Company Limited from 2003 to 2025. View International Research Corporation Publi stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿438.10 Million ≈ $13.66 Million	฿-33.72 Million ≈ $-1.05 Million	-0.077x	-144.63%
2024-12-31	฿608.71 Million ≈ $18.97 Million	฿105.00 Million ≈ $3.27 Million	0.172x	+190.06%
2023-12-31	฿606.10 Million ≈ $18.89 Million	฿-116.08 Million ≈ $-3.62 Million	-0.192x	-184.98%
2022-12-31	฿532.09 Million ≈ $16.58 Million	฿119.92 Million ≈ $3.74 Million	0.225x	-41.79%
2021-12-31	฿317.90 Million ≈ $9.91 Million	฿123.08 Million ≈ $3.84 Million	0.387x	+11.27%
2020-12-31	฿168.83 Million ≈ $5.26 Million	฿58.74 Million ≈ $1.83 Million	0.348x	+201.84%
2019-12-31	฿191.47 Million ≈ $5.97 Million	฿-65.42 Million ≈ $-2.04 Million	-0.342x	+15.12%
2018-12-31	฿290.43 Million ≈ $9.05 Million	฿-116.90 Million ≈ $-3.64 Million	-0.402x	-166.91%
2017-12-31	฿355.04 Million ≈ $11.07 Million	฿-53.54 Million ≈ $-1.67 Million	-0.151x	-559.55%
2016-12-31	฿360.33 Million ≈ $11.23 Million	฿11.82 Million ≈ $368.55K	0.033x	-93.45%
2015-12-31	฿489.97 Million ≈ $15.27 Million	฿245.40 Million ≈ $7.65 Million	0.501x	+199.95%
2014-12-31	฿489.44 Million ≈ $15.26 Million	฿-245.25 Million ≈ $-7.64 Million	-0.501x	-4102.53%
2013-12-31	฿399.50 Million ≈ $12.45 Million	฿5.00 Million ≈ $155.89K	0.013x	+152.81%
2012-12-31	฿343.09 Million ≈ $10.69 Million	฿-8.13 Million ≈ $-253.53K	-0.024x	-101.88%
2011-12-31	฿324.04 Million ≈ $10.10 Million	฿407.73 Million ≈ $12.71 Million	1.258x	+281.95%
2010-12-31	฿298.36 Million ≈ $9.30 Million	฿-206.33 Million ≈ $-6.43 Million	-0.692x	-169.68%
2009-12-31	฿181.02 Million ≈ $5.64 Million	฿179.64 Million ≈ $5.60 Million	0.992x	+53.29%
2008-12-31	฿170.03 Million ≈ $5.30 Million	฿110.08 Million ≈ $3.43 Million	0.647x	+193.35%
2007-12-31	฿253.38 Million ≈ $7.90 Million	฿-175.73 Million ≈ $-5.48 Million	-0.694x	-1530.83%
2004-12-31	฿280.92 Million ≈ $8.76 Million	฿13.62 Million ≈ $424.42K	0.048x	-64.72%
2003-12-31	฿221.59 Million ≈ $6.91 Million	฿30.44 Million ≈ $948.83K	0.137x	--

About International Research Corporation Public Company Limited

BK:IRCP Thailand Information Technology Services

Market Cap

$5.83 Million

฿187.04 Million THB

Market Cap Rank

#28381 Global

#603 in Thailand

Share Price

฿0.30

Change (1 day)

+0.00%

52-Week Range

฿0.24 - ฿0.42

All Time High

฿11.44