Pacific Pipe Public Company Limited (PAP) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.056x

Based on the latest financial reports, Pacific Pipe Public Company Limited (PAP) has a cash flow conversion efficiency ratio of 0.056x as of December 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 (฿105.25 Million ≈ $3.28 Million USD) by net assets (฿1.89 Billion ≈ $58.80 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 Pacific Pipe Public Company Limited stock valuation for the company's overall valuation and market capitalisation.

Pacific Pipe Public Company Limited - Cash Flow Conversion Efficiency Trend (2003–2025)

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

Pacific Pipe Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Envirosuite Limited F:57P	0.005x
Hyundai E P KO:089470	-0.102x
Zalatoris II Acquisition Corp. NASDAQ:ZLSSF	-0.008x
Kula Gold Ltd AU:KGD	-0.204x
Avgol Industries 1953 Ltd TA:AVGL	0.050x
Feelux Co. Ltd. KO:033180	-0.009x
Inseego Corp NASDAQ:INSG	0.778x
Dynamic Medical Technologies TWO:4138	-0.016x

Annual Cash Flow Conversion Efficiency for Pacific Pipe Public Company Limited (2003–2025)

The table below shows the annual cash flow conversion efficiency of Pacific Pipe Public Company Limited from 2003 to 2025. View Pacific Pipe Public Company Limited (PAP) 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	฿1.89 Billion ≈ $58.80 Million	฿149.75 Million ≈ $4.67 Million	0.079x	+496.59%
2024-12-31	฿1.81 Billion ≈ $56.29 Million	฿-36.15 Million ≈ $-1.13 Million	-0.020x	-113.46%
2023-12-31	฿2.01 Billion ≈ $62.70 Million	฿299.15 Million ≈ $9.32 Million	0.149x	-57.80%
2022-12-31	฿2.04 Billion ≈ $63.70 Million	฿720.16 Million ≈ $22.45 Million	0.352x	+727.17%
2021-12-31	฿2.93 Billion ≈ $91.22 Million	฿-164.42 Million ≈ $-5.12 Million	-0.056x	-203.71%
2020-12-31	฿2.49 Billion ≈ $77.63 Million	฿134.93 Million ≈ $4.21 Million	0.054x	-77.50%
2019-12-31	฿2.46 Billion ≈ $76.64 Million	฿592.15 Million ≈ $18.46 Million	0.241x	+831.54%
2018-12-31	฿2.42 Billion ≈ $75.44 Million	฿-79.68 Million ≈ $-2.48 Million	-0.033x	+46.87%
2017-12-31	฿2.58 Billion ≈ $80.45 Million	฿-159.92 Million ≈ $-4.98 Million	-0.062x	-148.72%
2016-12-31	฿2.56 Billion ≈ $79.70 Million	฿325.16 Million ≈ $10.13 Million	0.127x	-71.66%
2015-12-31	฿2.01 Billion ≈ $62.67 Million	฿902.12 Million ≈ $28.12 Million	0.449x	+3588.65%
2014-12-31	฿2.16 Billion ≈ $67.40 Million	฿-27.81 Million ≈ $-866.87K	-0.013x	-102.34%
2013-12-31	฿2.25 Billion ≈ $69.99 Million	฿1.24 Billion ≈ $38.51 Million	0.550x	+1296.87%
2012-12-31	฿2.00 Billion ≈ $62.42 Million	฿-92.07 Million ≈ $-2.87 Million	-0.046x	-126.60%
2011-12-31	฿1.92 Billion ≈ $59.72 Million	฿331.05 Million ≈ $10.32 Million	0.173x	+41.68%
2010-12-31	฿1.78 Billion ≈ $55.60 Million	฿217.53 Million ≈ $6.78 Million	0.122x	+143.02%
2009-12-31	฿1.65 Billion ≈ $51.55 Million	฿-468.90 Million ≈ $-14.62 Million	-0.284x	-203.75%
2008-12-31	฿1.56 Billion ≈ $48.61 Million	฿426.17 Million ≈ $13.28 Million	0.273x	+256.38%
2007-12-31	฿1.54 Billion ≈ $48.04 Million	฿118.19 Million ≈ $3.68 Million	0.077x	-22.86%
2006-12-31	฿1.55 Billion ≈ $48.37 Million	฿154.24 Million ≈ $4.81 Million	0.099x	+141.60%
2005-12-31	฿1.42 Billion ≈ $44.33 Million	฿-339.85 Million ≈ $-10.59 Million	-0.239x	-205.47%
2004-12-31	฿1.58 Billion ≈ $49.23 Million	฿357.83 Million ≈ $11.15 Million	0.227x	-3.58%
2003-12-31	฿443.24 Million ≈ $13.82 Million	฿104.15 Million ≈ $3.25 Million	0.235x	--

About Pacific Pipe Public Company Limited

BK:PAP Thailand Steel

Market Cap

$67.89 Million

฿2.18 Billion THB

Market Cap Rank

#20833 Global

#343 in Thailand

Share Price

฿3.30

Change (1 day)

-1.20%

52-Week Range

฿1.85 - ฿3.58

All Time High

฿5.92