Major Development Public Company Limited (MJD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Major Development Public Company Limited (MJD) has a cash flow conversion efficiency ratio of -0.052x 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 (฿-188.06 Million ≈ $-5.86 Million USD) by net assets (฿3.64 Billion ≈ $113.35 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 MJD equity financing ratio to measure how much of total assets are equity-financed.
Major Development Public Company Limited - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Major Development Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Major Development Public Company Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Major Development Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Major Development Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LCC Infotech Limited
NSE:LCCINFOTEC
|
0.267x |
|
Dundas Minerals Ltd
AU:DUN
|
-0.089x |
|
JOY SPREADER GROUP INC.
F:5YN
|
N/A |
|
Courtois S.A
PA:COUR
|
-0.010x |
|
Canterbury Resources Ltd
AU:CBY
|
-0.060x |
|
Snipp Interactive Inc
V:SPN
|
-0.018x |
|
Samyang Corp Preference Shares
KO:145995
|
-0.026x |
|
Genuit Group plc
LSE:GEN
|
0.035x |
Annual Cash Flow Conversion Efficiency for Major Development Public Company Limited (2007–2024)
The table below shows the annual cash flow conversion efficiency of Major Development Public Company Limited from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see Major Development Public Company Limited market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿4.37 Billion ≈ $136.19 Million |
฿-872.24 Million ≈ $-27.19 Million |
-0.200x | -59.87% |
| 2023-12-31 | ฿4.64 Billion ≈ $144.68 Million |
฿-579.60 Million ≈ $-18.07 Million |
-0.125x | -588.48% |
| 2022-12-31 | ฿4.96 Billion ≈ $154.60 Million |
฿126.78 Million ≈ $3.95 Million |
0.026x | -71.08% |
| 2021-12-31 | ฿5.31 Billion ≈ $165.50 Million |
฿469.27 Million ≈ $14.63 Million |
0.088x | -66.97% |
| 2020-12-31 | ฿5.65 Billion ≈ $176.21 Million |
฿1.51 Billion ≈ $47.15 Million |
0.268x | +385.60% |
| 2019-12-31 | ฿5.46 Billion ≈ $170.07 Million |
฿300.64 Million ≈ $9.37 Million |
0.055x | -73.95% |
| 2018-12-31 | ฿4.57 Billion ≈ $142.47 Million |
฿966.95 Million ≈ $30.14 Million |
0.212x | +138.21% |
| 2017-12-31 | ฿3.78 Billion ≈ $117.97 Million |
฿-2.10 Billion ≈ $-65.32 Million |
-0.554x | -1350.42% |
| 2016-12-31 | ฿3.96 Billion ≈ $123.53 Million |
฿175.47 Million ≈ $5.47 Million |
0.044x | +106.24% |
| 2015-12-31 | ฿3.54 Billion ≈ $110.25 Million |
฿-2.51 Billion ≈ $-78.29 Million |
-0.710x | -364.97% |
| 2014-12-31 | ฿3.07 Billion ≈ $95.67 Million |
฿822.54 Million ≈ $25.64 Million |
0.268x | +123.24% |
| 2013-12-31 | ฿2.41 Billion ≈ $74.97 Million |
฿-2.77 Billion ≈ $-86.46 Million |
-1.153x | -76.03% |
| 2012-12-31 | ฿2.09 Billion ≈ $65.20 Million |
฿-1.37 Billion ≈ $-42.71 Million |
-0.655x | -3259.69% |
| 2011-12-31 | ฿2.18 Billion ≈ $67.82 Million |
฿45.11 Million ≈ $1.41 Million |
0.021x | -93.46% |
| 2010-12-31 | ฿2.49 Billion ≈ $77.59 Million |
฿788.88 Million ≈ $24.59 Million |
0.317x | +46369.38% |
| 2009-12-31 | ฿2.40 Billion ≈ $74.69 Million |
฿-1.64 Million ≈ $-51.16K |
-0.001x | +99.89% |
| 2008-12-31 | ฿2.20 Billion ≈ $68.56 Million |
฿-1.41 Billion ≈ $-44.09 Million |
-0.643x | +14.84% |
| 2007-12-31 | ฿2.05 Billion ≈ $63.78 Million |
฿-1.55 Billion ≈ $-48.17 Million |
-0.755x | -- |
About Major Development Public Company Limited
Major Development Public Company Limited, together with its subsidiaries, engages in the development and sale of properties in Thailand. It operates through three segments: Property Development, Hotel Business, and Rental and Service Business. The company develops and sells land, houses, and residential condominium units. It is also involved in the hotel business; office building space rental and… Read more