Thantawan Industry Public Company Limited (THIP) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.005x

Based on the latest financial reports, Thantawan Industry Public Company Limited (THIP) has a cash flow conversion efficiency ratio of -0.005x as of December 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 (฿-12.81 Million ≈ $-399.34K USD) by net assets (฿2.81 Billion ≈ $87.44 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 Thantawan Industry Public Company Limite defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Thantawan Industry Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Thantawan Industry Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Thantawan Industry Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
NTPM Holdings Bhd KLSE:5066	0.027x
Jooyontech KO:044380	0.014x
PP Properti Tbk PT JK:PPRO	0.001x
iBio, Inc. Common Stock NASDAQ:IBIO	-0.093x
SERESCO (ACC.P.DESD.)-16 F:XV7	N/A
Globaltec Formation Bhd KLSE:5220	0.061x
Sypris Solutions Inc NASDAQ:SYPR	-0.063x
Acorn Capital Investment Fund Ltd AU:ACQ	0.032x

Annual Cash Flow Conversion Efficiency for Thantawan Industry Public Company Limited (2000–2025)

The table below shows the annual cash flow conversion efficiency of Thantawan Industry Public Company Limited from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Thantawan Industry Public Company Limite.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿2.81 Billion ≈ $87.44 Million	฿477.88 Million ≈ $14.90 Million	0.170x	+901.80%
2024-12-31	฿2.77 Billion ≈ $86.20 Million	฿-58.75 Million ≈ $-1.83 Million	-0.021x	-111.73%
2023-12-31	฿2.64 Billion ≈ $82.39 Million	฿478.82 Million ≈ $14.92 Million	0.181x	-12.27%
2022-12-31	฿2.52 Billion ≈ $78.40 Million	฿519.36 Million ≈ $16.19 Million	0.206x	+101.92%
2021-12-31	฿2.31 Billion ≈ $72.11 Million	฿236.59 Million ≈ $7.37 Million	0.102x	-56.72%
2020-12-31	฿2.01 Billion ≈ $62.78 Million	฿475.94 Million ≈ $14.83 Million	0.236x	+19.40%
2019-12-31	฿1.81 Billion ≈ $56.36 Million	฿357.87 Million ≈ $11.15 Million	0.198x	+40.98%
2018-12-31	฿1.66 Billion ≈ $51.89 Million	฿233.72 Million ≈ $7.28 Million	0.140x	-31.71%
2017-12-31	฿1.51 Billion ≈ $46.97 Million	฿309.78 Million ≈ $9.66 Million	0.206x	-17.97%
2016-12-31	฿1.34 Billion ≈ $41.89 Million	฿336.77 Million ≈ $10.50 Million	0.251x	-11.12%
2015-12-31	฿1.11 Billion ≈ $34.58 Million	฿312.78 Million ≈ $9.75 Million	0.282x	+117.83%
2014-12-31	฿912.29 Million ≈ $28.44 Million	฿118.08 Million ≈ $3.68 Million	0.129x	-18.54%
2013-12-31	฿836.48 Million ≈ $26.07 Million	฿132.91 Million ≈ $4.14 Million	0.159x	+79.91%
2012-12-31	฿751.03 Million ≈ $23.41 Million	฿66.33 Million ≈ $2.07 Million	0.088x	+74.24%
2011-12-31	฿679.99 Million ≈ $21.19 Million	฿34.47 Million ≈ $1.07 Million	0.051x	-52.82%
2010-12-31	฿646.77 Million ≈ $20.16 Million	฿69.49 Million ≈ $2.17 Million	0.107x	-55.31%
2009-12-31	฿609.57 Million ≈ $19.00 Million	฿146.56 Million ≈ $4.57 Million	0.240x	+1184.34%
2008-12-31	฿548.47 Million ≈ $17.10 Million	฿10.27 Million ≈ $320.02K	0.019x	-51.90%
2007-12-31	฿545.67 Million ≈ $17.01 Million	฿21.24 Million ≈ $661.88K	0.039x	-53.80%
2006-12-31	฿517.43 Million ≈ $16.13 Million	฿43.59 Million ≈ $1.36 Million	0.084x	-43.09%
2005-12-31	฿502.27 Million ≈ $15.66 Million	฿74.35 Million ≈ $2.32 Million	0.148x	+133.58%
2004-12-31	฿417.15 Million ≈ $13.00 Million	฿26.43 Million ≈ $823.96K	0.063x	-7.25%
2003-12-31	฿436.15 Million ≈ $13.59 Million	฿29.80 Million ≈ $928.81K	0.068x	-58.69%
2002-12-31	฿441.02 Million ≈ $13.75 Million	฿72.93 Million ≈ $2.27 Million	0.165x	+27.04%
2001-12-31	฿420.80 Million ≈ $13.12 Million	฿54.78 Million ≈ $1.71 Million	0.130x	-16.10%
2000-12-31	฿390.08 Million ≈ $12.16 Million	฿60.52 Million ≈ $1.89 Million	0.155x	--

About Thantawan Industry Public Company Limited

BK:THIP Thailand Packaging & Containers

Market Cap

$57.79 Million

฿1.85 Billion THB

Market Cap Rank

#21428 Global

#354 in Thailand

Share Price

฿20.60

Change (1 day)

+0.49%

52-Week Range

฿20.30 - ฿26.00

All Time High

฿749494.42