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. See The Steel Public Company Limited net asset quality index to measure how much of total assets are equity-financed.

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. Check how high is The Steel Public Company Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Haranga Resources Ltd AU:HAR	-0.202x
Chinese People Holdings Company Limited F:KEH	0.006x
Fancamp Exploration Ltd. V:FNC	-0.014x
Kayee International Group Co Ltd TW:2939	-0.093x
Cobalt Blue Holdings Limited F:COH	-0.018x
Barksdale Resources Corp V:BRO	-0.017x
Caspin Resources Ltd AU:CPN	-0.288x
Daebo Magnetic Co.Ltd KQ:290670	-0.063x

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 market cap of The Steel Public Company Limited.

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

$26.11 Million

฿837.57 Million THB

Market Cap Rank

#24234 Global

#462 in Thailand

Share Price

฿0.76

Change (1 day)

-2.56%

52-Week Range

฿0.64 - ฿0.88

All Time High

฿28.35