The Steel Public Company Limited Cash Flow Conversion Efficiency
The Steel Public Company Limited cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of The Steel Public Company Limited (2006–2024)
Cash flow conversion efficiency of The Steel Public Company Limited from 2006 to 2024. This chart illustrates how The Steel Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View The Steel Public Company Limited (THE) stock price for real-time trading data and today's change.
The Steel Public Company Limited Cash Flow Conversion Ratio Explained
The Steel Public Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see The Steel Public Company Limited (THE) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chinese People Holdings Company Limited
F:KEH
|
0.006x |
|
Century Lithium Corp.
V:LCE
|
-0.005x |
|
Black Dragon Gold Corp
AU:BDG
|
0.214x |
|
AMICCOM Electronics
TWO:5272
|
-0.057x |
|
American West Metals Ltd
AU:AW1
|
1.581x |
|
Softing AG
XETRA:SYT
|
-0.060x |
|
Atlas Pearls Ltd
AU:ATP
|
-0.048x |
|
Fancamp Exploration Ltd.
V:FNC
|
-0.024x |
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. Review THE cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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
The Steel Public Company Limited, together with its subsidiaries, engages in the selling and transforming of hot rolled sheets and coils, and structural steel products in Thailand. It operates through Transactions Relating to Revenue from Sales of Steels; and Transactions Relating to Revenue from Logistic Services segments. The company offers hot and cold rolled steel, and galvanized steel coils;… Read more