Saha Pathana Inter-Holding PCL (SPI) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.003x

Based on the latest financial reports, Saha Pathana Inter-Holding PCL (SPI) has a cash flow conversion efficiency ratio of -0.003x as of March 2026. 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 (฿-140.66 Million ≈ $-4.38 Million USD) by net assets (฿51.02 Billion ≈ $1.59 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Saha Pathana Inter-Holding PCL defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Saha Pathana Inter-Holding PCL - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Saha Pathana Inter-Holding PCL's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Saha Pathana Inter-Holding PCL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Saha Pathana Inter-Holding PCL ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
CLARIVATE PLC NYSE:CLVT	0.028x
Shanxi Lanhua Sci-Tech Venture Co Ltd SHG:600123	0.014x
Chongqing Chuanyi Automation Co Ltd SHG:603100	0.025x
SPG Co. Ltd KQ:058610	0.025x
PCBL LIMITED NSE:PCBL	0.205x
Laurentian Bank Of Canada TO:LB	0.171x
Fugro N.V. AS:FUR	0.090x
IDT Corporation NYSE:IDT	0.104x

Annual Cash Flow Conversion Efficiency for Saha Pathana Inter-Holding PCL (2004–2025)

The table below shows the annual cash flow conversion efficiency of Saha Pathana Inter-Holding PCL from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see SPI market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿50.36 Billion ≈ $1.57 Billion	฿1.06 Billion ≈ $33.06 Million	0.021x	+277.51%
2024-12-31	฿49.77 Billion ≈ $1.55 Billion	฿-590.51 Million ≈ $-18.41 Million	-0.012x	-54.16%
2023-12-31	฿46.47 Billion ≈ $1.45 Billion	฿-357.66 Million ≈ $-11.15 Million	-0.008x	-170.25%
2022-12-31	฿44.45 Billion ≈ $1.39 Billion	฿487.01 Million ≈ $15.18 Million	0.011x	+382.35%
2021-12-31	฿42.17 Billion ≈ $1.31 Billion	฿-163.63 Million ≈ $-5.10 Million	-0.004x	-300.03%
2020-12-31	฿39.09 Billion ≈ $1.22 Billion	฿75.83 Million ≈ $2.36 Million	0.002x	-54.87%
2019-12-31	฿30.53 Billion ≈ $951.70 Million	฿131.26 Million ≈ $4.09 Million	0.004x	-27.37%
2018-12-31	฿29.01 Billion ≈ $904.08 Million	฿171.68 Million ≈ $5.35 Million	0.006x	-86.38%
2017-12-31	฿24.73 Billion ≈ $770.78 Million	฿1.07 Billion ≈ $33.50 Million	0.043x	-0.57%
2016-12-31	฿22.23 Billion ≈ $692.89 Million	฿971.64 Million ≈ $30.29 Million	0.044x	+3.73%
2015-12-31	฿20.21 Billion ≈ $629.82 Million	฿851.45 Million ≈ $26.54 Million	0.042x	+9.60%
2014-12-31	฿19.42 Billion ≈ $605.46 Million	฿746.85 Million ≈ $23.28 Million	0.038x	-22.14%
2013-12-31	฿17.29 Billion ≈ $538.84 Million	฿853.71 Million ≈ $26.61 Million	0.049x	+16.10%
2012-12-31	฿17.43 Billion ≈ $543.20 Million	฿741.29 Million ≈ $23.11 Million	0.043x	+42.19%
2011-12-31	฿14.93 Billion ≈ $465.22 Million	฿446.49 Million ≈ $13.92 Million	0.030x	+49.80%
2010-12-31	฿13.83 Billion ≈ $431.15 Million	฿276.23 Million ≈ $8.61 Million	0.020x	-57.77%
2009-12-31	฿12.57 Billion ≈ $391.65 Million	฿594.12 Million ≈ $18.52 Million	0.047x	+29.17%
2008-12-31	฿11.30 Billion ≈ $352.35 Million	฿413.80 Million ≈ $12.90 Million	0.037x	+16.85%
2007-12-31	฿10.66 Billion ≈ $332.29 Million	฿333.96 Million ≈ $10.41 Million	0.031x	-29.09%
2006-12-31	฿10.16 Billion ≈ $316.63 Million	฿448.80 Million ≈ $13.99 Million	0.044x	-4.53%
2005-12-31	฿9.51 Billion ≈ $296.48 Million	฿440.17 Million ≈ $13.72 Million	0.046x	+10.42%
2004-12-31	฿8.61 Billion ≈ $268.39 Million	฿360.88 Million ≈ $11.25 Million	0.042x	--

About Saha Pathana Inter-Holding PCL

BK:SPI Thailand Real Estate Services

Market Cap

$1.30 Billion

฿41.82 Billion THB

Market Cap Rank

#7935 Global

#61 in Thailand

Share Price

฿32.50

Change (1 day)

+1.56%

52-Week Range

฿32.00 - ฿48.50

All Time High

฿76.61