Tipco Asphalt Public Company Limited (TASCO-R) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.046x

Based on the latest financial reports, Tipco Asphalt Public Company Limited (TASCO-R) has a cash flow conversion efficiency ratio of 0.046x as of June 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 (฿702.91 Million ≈ $21.91 Million USD) by net assets (฿15.18 Billion ≈ $473.02 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 Tipco Asphalt Public Company Limited (TASCO-R) net asset quality to measure how much of total assets are equity-financed.

Tipco Asphalt Public Company Limited - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Tipco Asphalt Public Company Limited to evaluate the quality of earnings relative to operating cash generation.

Tipco Asphalt Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tipco Asphalt Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Kyobo Securiti KO:030610	0.054x
Shenzhen Jieshun Science and Technology Industry Co Ltd SHE:002609	0.058x
COMSTOCK HLDG-A F:CHO	N/A
Shentong Technology Group Co Ltd SHG:605228	0.058x
NationGate Holdings Berhad KLSE:0270	0.091x
Gokul Agro Resources Limited NSE:GOKULAGRO	0.069x
Destiny Tech100 Inc. NYSE:DXYZ	-0.023x
Argo Properties NV TA:ARGO	0.019x

Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2002–2024)

The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Tipco Asphalt Public Company Limited.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿16.09 Billion ≈ $501.60 Million	฿870.26 Million ≈ $27.13 Million	0.054x	-77.90%
2023-12-31	฿16.90 Billion ≈ $526.82 Million	฿4.14 Billion ≈ $128.92 Million	0.245x	+41.70%
2022-12-31	฿16.79 Billion ≈ $523.40 Million	฿2.90 Billion ≈ $90.39 Million	0.173x	+269.79%
2021-12-31	฿15.94 Billion ≈ $496.75 Million	฿744.31 Million ≈ $23.20 Million	0.047x	-87.37%
2020-12-31	฿15.02 Billion ≈ $468.18 Million	฿5.55 Billion ≈ $173.08 Million	0.370x	-20.61%
2019-12-31	฿13.58 Billion ≈ $423.24 Million	฿6.32 Billion ≈ $197.07 Million	0.466x	+322.75%
2018-12-31	฿12.54 Billion ≈ $390.77 Million	฿-2.62 Billion ≈ $-81.69 Million	-0.209x	-214.77%
2017-12-31	฿12.93 Billion ≈ $402.99 Million	฿2.35 Billion ≈ $73.40 Million	0.182x	-53.80%
2016-12-31	฿12.27 Billion ≈ $382.29 Million	฿4.84 Billion ≈ $150.71 Million	0.394x	-50.18%
2015-12-31	฿10.56 Billion ≈ $329.29 Million	฿8.36 Billion ≈ $260.55 Million	0.791x	-28.35%
2014-12-31	฿6.13 Billion ≈ $190.91 Million	฿6.76 Billion ≈ $210.82 Million	1.104x	+8426.51%
2013-12-31	฿5.89 Billion ≈ $183.62 Million	฿-78.13 Million ≈ $-2.44 Million	-0.013x	+98.01%
2012-12-31	฿5.04 Billion ≈ $157.18 Million	฿-3.35 Billion ≈ $-104.49 Million	-0.665x	-1178.95%
2011-12-31	฿4.44 Billion ≈ $138.48 Million	฿-230.94 Million ≈ $-7.20 Million	-0.052x	-107.31%
2010-12-31	฿3.63 Billion ≈ $113.08 Million	฿2.58 Billion ≈ $80.39 Million	0.711x	+185.71%
2009-12-31	฿2.85 Billion ≈ $88.93 Million	฿-2.37 Billion ≈ $-73.76 Million	-0.829x	-48.10%
2008-12-31	฿2.37 Billion ≈ $73.78 Million	฿-1.33 Billion ≈ $-41.32 Million	-0.560x	-462.45%
2007-12-31	฿3.14 Billion ≈ $97.97 Million	฿485.67 Million ≈ $15.14 Million	0.155x	+594.70%
2006-12-31	฿3.05 Billion ≈ $95.09 Million	฿-95.29 Million ≈ $-2.97 Million	-0.031x	+58.20%
2005-12-31	฿2.63 Billion ≈ $81.88 Million	฿-196.31 Million ≈ $-6.12 Million	-0.075x	-265.83%
2004-12-31	฿1.84 Billion ≈ $57.41 Million	฿83.00 Million ≈ $2.59 Million	0.045x	+15.95%
2003-12-31	฿3.31 Billion ≈ $103.22 Million	฿128.70 Million ≈ $4.01 Million	0.039x	+23.67%
2002-12-31	฿1.99 Billion ≈ $62.00 Million	฿62.51 Million ≈ $1.95 Million	0.031x	--

About Tipco Asphalt Public Company Limited

BK:TASCO-R Thailand Building Materials

Market Cap

$737.94 Million

฿23.68 Billion THB

Market Cap Rank

#10204 Global

#102 in Thailand

Share Price

฿15.00

Change (1 day)

-1.32%

52-Week Range

฿14.30 - ฿15.20

All Time High

฿28.75