The Steel Public Company Limited (THE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.156x

Based on the latest financial reports, The Steel Public Company Limited (THE) has a cash flow conversion efficiency ratio of 0.156x 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 (฿299.31 Million ≈ $9.33 Million USD) by net assets (฿1.91 Billion ≈ $59.64 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

The Steel Public Company Limited - Cash Flow Conversion Efficiency Trend (2006–2024)

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

The Steel Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
GEE Group Inc NYSE MKT:JOB	-0.024x
Ecolomondo Corp V:ECM	3.144x
Alisa Pankki Oyj HE:ALISA	-0.437x
Zhonglu Co Ltd B SHG:900915	0.048x
Ridgetech, Inc. NASDAQ:RDGT	-0.336x
Lodzia TA:LODZ	0.018x
Lung Ming Green Energy Technology Engineering Co Ltd TW:3018	-0.180x
ENPlus Co Ltd KO:074610	-0.058x

Annual Cash Flow Conversion Efficiency for The Steel Public Company Limited (2006–2024)

The table below shows the annual cash flow conversion efficiency of The Steel Public Company Limited from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see The Steel Public Company Limited (THE) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿1.93 Billion ≈ $60.25 Million	฿358.18 Million ≈ $11.16 Million	0.185x	-42.73%
2023-12-31	฿2.02 Billion ≈ $62.82 Million	฿652.10 Million ≈ $20.33 Million	0.324x	+130.86%
2022-12-31	฿2.22 Billion ≈ $69.32 Million	฿311.71 Million ≈ $9.72 Million	0.140x	+482.98%
2021-12-31	฿2.53 Billion ≈ $78.79 Million	฿-92.50 Million ≈ $-2.88 Million	-0.037x	-105.92%
2020-12-31	฿1.62 Billion ≈ $50.41 Million	฿999.84 Million ≈ $31.16 Million	0.618x	+461.68%
2019-12-31	฿1.79 Billion ≈ $55.82 Million	฿197.12 Million ≈ $6.14 Million	0.110x	+190.36%
2018-12-31	฿1.67 Billion ≈ $51.98 Million	฿-203.14 Million ≈ $-6.33 Million	-0.122x	-117.77%
2017-12-31	฿1.87 Billion ≈ $58.32 Million	฿1.28 Billion ≈ $39.99 Million	0.686x	+1308.08%
2016-12-31	฿1.73 Billion ≈ $53.80 Million	฿-97.96 Million ≈ $-3.05 Million	-0.057x	-40.07%
2015-12-31	฿1.40 Billion ≈ $43.54 Million	฿-56.60 Million ≈ $-1.76 Million	-0.041x	-126.24%
2014-12-31	฿786.55 Million ≈ $24.52 Million	฿121.43 Million ≈ $3.78 Million	0.154x	-92.98%
2013-12-31	฿671.14 Million ≈ $20.92 Million	฿1.48 Billion ≈ $46.02 Million	2.200x	+1090.80%
2012-12-31	฿1.16 Billion ≈ $36.15 Million	฿-257.48 Million ≈ $-8.03 Million	-0.222x	+86.95%
2011-12-31	฿1.13 Billion ≈ $35.28 Million	฿-1.93 Billion ≈ $-60.02 Million	-1.701x	-317.59%
2010-12-31	฿1.03 Billion ≈ $32.03 Million	฿-418.72 Million ≈ $-13.05 Million	-0.407x	-44.34%
2009-12-31	฿874.42 Million ≈ $27.25 Million	฿-246.84 Million ≈ $-7.69 Million	-0.282x	-703.75%
2008-12-31	฿902.54 Million ≈ $28.13 Million	฿42.20 Million ≈ $1.32 Million	0.047x	-95.41%
2007-12-31	฿854.94 Million ≈ $26.65 Million	฿870.72 Million ≈ $27.14 Million	1.018x	+132.15%
2006-12-31	฿436.74 Million ≈ $13.61 Million	฿-1.38 Billion ≈ $-43.12 Million	-3.167x	--

About The Steel Public Company Limited

BK:THE Thailand Steel

Market Cap

$25.42 Million

฿815.53 Million THB

Market Cap Rank

#24262 Global

#458 in Thailand

Share Price

฿0.74

Change (1 day)

+1.37%

52-Week Range

฿0.60 - ฿0.88

All Time High

฿28.35