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 TASCO-R defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Shenzhen CDL Precision Technology Co Ltd SHE:300686	-0.009x
Inventiva S.A PA:IVA	1.796x
Guizhou Taiyong Changzheng Technology Co Ltd Class A SHE:002927	-0.004x
Shanghai CEO Environmental Protection Technology Co Ltd SHG:688335	0.013x
W olf Photoelectric Technology Ltd SHE:002962	0.015x
Beijing Lanxum Tech Co SHE:300010	-0.070x
Guangdong Xinhui Meida Nylon Co Ltd SHE:000782	0.113x
Pricol Limited NSE:PRICOLLTD	0.037x

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 how much is Tipco Asphalt Public Company Limited worth.

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

#10437 Global

#97 in Thailand

Share Price

฿15.00

Change (1 day)

-1.32%

52-Week Range

฿13.20 - ฿15.20

All Time High

฿28.75