Sermsang Power Corporation Public Company Limited (SSP) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.058x

Based on the latest financial reports, Sermsang Power Corporation Public Company Limited (SSP) has a cash flow conversion efficiency ratio of 0.058x 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 (฿453.27 Million ≈ $14.13 Million USD) by net assets (฿7.85 Billion ≈ $244.65 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Sermsang Power Corporation Public Company Limited - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how Sermsang Power Corporation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Sermsang Power Corporation Public Compan (SSP) total liabilities for a breakdown of total debt and financial obligations.

Sermsang Power Corporation Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Sermsang Power Corporation Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Forth Smart Service Public Company Limited BK:FSMART	0.092x
Brand Engagement Network Inc NASDAQ:BNAI	-0.031x
Associated British Foods PLC LSE:ABF	0.132x
Global Dividend Growth Split Corp Class A TO:GDV	0.008x
Ordinary Fully Paid Deferred Settlement AU:BTRDA	N/A
Karyopharm Therapeutics Inc NASDAQ:KPTI	0.022x
Quercus TFI SA WAR:QRS	0.507x
Intellego Technologies AB ST:INT	13.682x

Annual Cash Flow Conversion Efficiency for Sermsang Power Corporation Public Company Limited (2014–2024)

The table below shows the annual cash flow conversion efficiency of Sermsang Power Corporation Public Company Limited from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see SSP market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿8.10 Billion ≈ $252.48 Million	฿2.53 Billion ≈ $78.75 Million	0.312x	+15.79%
2023-12-31	฿8.47 Billion ≈ $263.90 Million	฿2.28 Billion ≈ $71.09 Million	0.269x	+9.11%
2022-12-31	฿8.28 Billion ≈ $257.99 Million	฿2.04 Billion ≈ $63.69 Million	0.247x	-34.17%
2021-12-31	฿6.37 Billion ≈ $198.68 Million	฿2.39 Billion ≈ $74.51 Million	0.375x	+19.35%
2020-12-31	฿4.54 Billion ≈ $141.57 Million	฿1.43 Billion ≈ $44.48 Million	0.314x	+76.11%
2019-12-31	฿4.00 Billion ≈ $124.58 Million	฿713.12 Million ≈ $22.23 Million	0.178x	-22.60%
2018-12-31	฿3.86 Billion ≈ $120.26 Million	฿889.31 Million ≈ $27.72 Million	0.231x	+38.76%
2017-12-31	฿3.42 Billion ≈ $106.65 Million	฿568.37 Million ≈ $17.72 Million	0.166x	-67.53%
2016-12-31	฿1.30 Billion ≈ $40.42 Million	฿663.50 Million ≈ $20.68 Million	0.512x	+234.47%
2015-12-31	฿793.66 Million ≈ $24.74 Million	฿121.40 Million ≈ $3.78 Million	0.153x	+27.11%
2014-12-31	฿431.40 Million ≈ $13.45 Million	฿51.91 Million ≈ $1.62 Million	0.120x	--

About Sermsang Power Corporation Public Company Limited

BK:SSP Thailand Utilities - Renewable

Market Cap

$157.24 Million

฿5.04 Billion THB

Market Cap Rank

#17457 Global

#225 in Thailand

Share Price

฿4.04

Change (1 day)

-0.49%

52-Week Range

฿3.04 - ฿4.74

All Time High

฿12.95