M.C.S. Steel Public Company Limited (MCS) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.055x

Based on the latest financial reports, M.C.S. Steel Public Company Limited (MCS) has a cash flow conversion efficiency ratio of 0.055x 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 (฿228.00 Million ≈ $7.11 Million USD) by net assets (฿4.13 Billion ≈ $128.83 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 M.C.S. Steel Public Company Limited (MCS) liquidity interval to measure how many days the company can operate on defensive assets alone.

M.C.S. Steel Public Company Limited - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how M.C.S. Steel Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

M.C.S. Steel Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of M.C.S. Steel Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
51Talk Online Education Group NYSE MKT:COE	-0.378x
Soquicom SN:SOQUICOM	-0.106x
Kapston Services Limited NSE:KAPSTON	0.016x
Leadtrend Technology Corp TW:3588	0.004x
Adda Corporation TWO:3071	0.068x
C-Media Electronics TWO:6237	0.005x
Codexis Inc NASDAQ:CDXS	-0.200x
PYRUM INNOV.AG NA O.N. F:PYR	-0.116x

Annual Cash Flow Conversion Efficiency for M.C.S. Steel Public Company Limited (2002–2024)

The table below shows the annual cash flow conversion efficiency of M.C.S. Steel Public Company Limited from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see M.C.S. Steel Public Company Limited market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿3.76 Billion ≈ $117.17 Million	฿65.84 Million ≈ $2.05 Million	0.018x	-58.82%
2023-12-31	฿3.76 Billion ≈ $117.28 Million	฿160.05 Million ≈ $4.99 Million	0.043x	+4828.77%
2022-12-31	฿3.94 Billion ≈ $122.92 Million	฿-3.55 Million ≈ $-110.56K	-0.001x	-100.43%
2021-12-31	฿4.62 Billion ≈ $144.11 Million	฿967.15 Million ≈ $30.15 Million	0.209x	+58.13%
2020-12-31	฿3.78 Billion ≈ $117.89 Million	฿500.35 Million ≈ $15.60 Million	0.132x	+10.24%
2019-12-31	฿3.06 Billion ≈ $95.23 Million	฿366.60 Million ≈ $11.43 Million	0.120x	-55.77%
2018-12-31	฿2.97 Billion ≈ $92.55 Million	฿805.59 Million ≈ $25.11 Million	0.271x	+2.73%
2017-12-31	฿2.55 Billion ≈ $79.51 Million	฿673.61 Million ≈ $21.00 Million	0.264x	-42.15%
2016-12-31	฿2.84 Billion ≈ $88.56 Million	฿1.30 Billion ≈ $40.42 Million	0.456x	+36.51%
2015-12-31	฿2.37 Billion ≈ $73.78 Million	฿791.53 Million ≈ $24.67 Million	0.334x	+664.44%
2014-12-31	฿2.07 Billion ≈ $64.49 Million	฿-122.57 Million ≈ $-3.82 Million	-0.059x	-123.16%
2013-12-31	฿2.47 Billion ≈ $76.99 Million	฿631.89 Million ≈ $19.70 Million	0.256x	+13298.95%
2012-12-31	฿2.47 Billion ≈ $77.01 Million	฿4.72 Million ≈ $147.03K	0.002x	-98.35%
2011-12-31	฿2.34 Billion ≈ $72.91 Million	฿270.05 Million ≈ $8.42 Million	0.115x	+437.79%
2010-12-31	฿2.25 Billion ≈ $70.01 Million	฿48.22 Million ≈ $1.50 Million	0.021x	-97.44%
2009-12-31	฿1.92 Billion ≈ $59.79 Million	฿1.61 Billion ≈ $50.16 Million	0.839x	+318.64%
2008-12-31	฿1.54 Billion ≈ $48.05 Million	฿308.86 Million ≈ $9.63 Million	0.200x	+330.80%
2007-12-31	฿1.34 Billion ≈ $41.72 Million	฿62.26 Million ≈ $1.94 Million	0.047x	-89.67%
2006-12-31	฿1.18 Billion ≈ $36.65 Million	฿529.30 Million ≈ $16.50 Million	0.450x	+115.69%
2005-12-31	฿1.04 Billion ≈ $32.45 Million	฿217.28 Million ≈ $6.77 Million	0.209x	-65.08%
2004-12-31	฿614.09 Million ≈ $19.14 Million	฿367.04 Million ≈ $11.44 Million	0.598x	-31.60%
2003-12-31	฿420.04 Million ≈ $13.09 Million	฿367.04 Million ≈ $11.44 Million	0.874x	+9.34%
2002-12-31	฿361.76 Million ≈ $11.28 Million	฿289.11 Million ≈ $9.01 Million	0.799x	--

About M.C.S. Steel Public Company Limited

BK:MCS Thailand Steel

Market Cap

$112.99 Million

฿3.63 Billion THB

Market Cap Rank

#18817 Global

#263 in Thailand

Share Price

฿7.60

Change (1 day)

+0.66%

52-Week Range

฿7.30 - ฿9.65

All Time High

฿14.02