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 THIP net asset quality score to measure how much of total assets are equity-financed.

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. Check Thantawan Industry Public Company Limite cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
NTT System SA WAR:NTT	0.057x
NRX Pharmaceuticals Inc NASDAQ:NRXP	0.112x
TROPHY GAMES Development AS CO:TGAMES	0.145x
Thai Wacoal Public Company Limited BK:WACOAL	-0.002x
Harmoney Corp Ltd AU:HMY	0.514x
Payment Financial Technologies Ltd TA:PMNT	0.344x
AI Financial Corporation NASDAQ:AIFC	-0.014x
Pengana Capital Group Ltd AU:PCG	-0.006x

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 Thantawan Industry Public Company Limite (THIP) market capitalisation.

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

$58.91 Million

฿1.89 Billion THB

Market Cap Rank

#21288 Global

#362 in Thailand

Share Price

฿21.00

Change (1 day)

-0.47%

52-Week Range

฿20.30 - ฿26.00

All Time High

฿749494.42