Millcon Steel Public Company Limited (MILL) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.289x

Based on the latest financial reports, Millcon Steel Public Company Limited (MILL) has a cash flow conversion efficiency ratio of -0.289x 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 (฿-112.55 Million ≈ $-3.51 Million USD) by net assets (฿389.52 Million ≈ $12.14 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 Millcon Steel Public Company Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Millcon Steel Public Company Limited - Cash Flow Conversion Efficiency Trend (2006–2024)

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

Millcon Steel Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Grand House Mulia Pt JK:HOMI	0.015x
RNI Negócios Imobiliários S.A SA:RDNI3	-0.026x
Ennogie Solar Group A/S CO:ESG	0.192x
Bambuser AB ST:BUSER	-0.182x
Cosmos Technology International Berhad KLSE:0261	0.016x
Moorim SP Co. Ltd KQ:001810	-0.006x
Hyterra Ltd AU:HYT	-0.032x
Bakrie Sumatera Plantations JK:UNSP	-0.021x

Annual Cash Flow Conversion Efficiency for Millcon Steel Public Company Limited (2006–2024)

The table below shows the annual cash flow conversion efficiency of Millcon Steel Public Company Limited from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Millcon Steel Public Company Limited (MILL) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿871.28 Million ≈ $27.16 Million	฿-432.15 Million ≈ $-13.47 Million	-0.496x	-108.60%
2023-12-31	฿6.82 Billion ≈ $212.57 Million	฿-1.62 Billion ≈ $-50.54 Million	-0.238x	-466.84%
2022-12-31	฿7.05 Billion ≈ $219.62 Million	฿-295.56 Million ≈ $-9.21 Million	-0.042x	-282.76%
2021-12-31	฿6.34 Billion ≈ $197.68 Million	฿145.57 Million ≈ $4.54 Million	0.023x	-94.05%
2020-12-31	฿5.99 Billion ≈ $186.69 Million	฿2.31 Billion ≈ $72.06 Million	0.386x	+163.17%
2019-12-31	฿5.74 Billion ≈ $179.00 Million	฿842.32 Million ≈ $26.25 Million	0.147x	+142.22%
2018-12-31	฿5.32 Billion ≈ $165.72 Million	฿-1.85 Billion ≈ $-57.57 Million	-0.347x	-279.95%
2017-12-31	฿5.93 Billion ≈ $184.72 Million	฿1.14 Billion ≈ $35.66 Million	0.193x	+255.62%
2016-12-31	฿5.82 Billion ≈ $181.50 Million	฿316.12 Million ≈ $9.85 Million	0.054x	+115.89%
2015-12-31	฿5.86 Billion ≈ $182.65 Million	฿-2.00 Billion ≈ $-62.40 Million	-0.342x	-262.39%
2014-12-31	฿4.50 Billion ≈ $140.15 Million	฿945.94 Million ≈ $29.48 Million	0.210x	-55.25%
2013-12-31	฿3.51 Billion ≈ $109.48 Million	฿1.65 Billion ≈ $51.47 Million	0.470x	+399.97%
2012-12-31	฿3.34 Billion ≈ $103.98 Million	฿-522.83 Million ≈ $-16.30 Million	-0.157x	-335.11%
2011-12-31	฿3.21 Billion ≈ $100.18 Million	฿214.24 Million ≈ $6.68 Million	0.067x	+136.64%
2010-12-31	฿3.45 Billion ≈ $107.48 Million	฿-627.35 Million ≈ $-19.55 Million	-0.182x	+35.24%
2009-12-31	฿2.39 Billion ≈ $74.56 Million	฿-672.01 Million ≈ $-20.95 Million	-0.281x	+37.18%
2008-12-31	฿2.20 Billion ≈ $68.69 Million	฿-985.45 Million ≈ $-30.72 Million	-0.447x	+53.65%
2007-12-31	฿690.23 Million ≈ $21.51 Million	฿-665.89 Million ≈ $-20.76 Million	-0.965x	-88.73%
2006-12-31	฿285.75 Million ≈ $8.91 Million	฿-146.06 Million ≈ $-4.55 Million	-0.511x	--

About Millcon Steel Public Company Limited

BK:MILL Thailand Steel

Market Cap

$17.71 Million

฿568.25 Million THB

Market Cap Rank

#25515 Global

#510 in Thailand

Share Price

฿0.06

Change (1 day)

+0.00%

52-Week Range

฿0.05 - ฿0.10

All Time High

฿1.82