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. See Sermsang Power Corporation Public Compan balance sheet independence to measure how much of total assets are equity-financed.

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

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
Hong Pu Real Estate Development Co Ltd TW:2536	0.234x
Daesang Holdings Co Ltd KO:084690	0.069x
Hoegh LNG Partners LP OL:HLNG	0.109x
Fiducian Group Ltd AU:FID	0.212x
Triplepoint Venture Growth BDC Corp NYSE:TPVG	-0.020x
Yatra Online Limited NSE:YATRA	0.110x
Newcap Holding A/S CO:NEWCAP	0.199x
Microtek International Inc TW:2305	0.027x

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 how much is Sermsang Power Corporation Public Compan worth.

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

$187.60 Million

฿6.02 Billion THB

Market Cap Rank

#16792 Global

#212 in Thailand

Share Price

฿4.82

Change (1 day)

+1.69%

52-Week Range

฿3.04 - ฿4.82

All Time High

฿12.95