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 balance sheet independence to measure how much of total assets are equity-financed.

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. Check MILL cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Australis Oil & Gas Ltd AU:ATS	0.083x
IVP Limited NSE:IVP	0.067x
Novatech Industries SA PA:MLNOV	N/A
Australian Rare EARTHS Ltd AU:AR3	-0.007x
Shinhwa Contech Co. Ltd KQ:187270	0.023x
Able View Global Inc. Class B Ordinary Shares NASDAQ:ABLV	-0.121x
KM Corporation KQ:083550	-0.027x
Austin Gold Corp NYSE MKT:AUST	-0.013x

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 how much is Millcon Steel Public Company Limited worth.

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

#25502 Global

#511 in Thailand

Share Price

฿0.06

Change (1 day)

+0.00%

52-Week Range

฿0.05 - ฿0.10

All Time High

฿1.82