Thanulux Public Company Limited (TNL) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.039x

Based on the latest financial reports, Thanulux Public Company Limited (TNL) has a cash flow conversion efficiency ratio of -0.039x 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 (฿-417.55 Million ≈ $-13.01 Million USD) by net assets (฿10.80 Billion ≈ $336.68 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 Thanulux Public Company Limited (TNL) liquidity interval to measure how many days the company can operate on defensive assets alone.

Thanulux Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2024)

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

Thanulux Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
SBC Exports Limited NSE:SBC	0.009x
Generalplus Technology Inc TW:4952	0.069x
CVW CleanTech Inc V:CVW	-0.006x
Changsha Kaiyuan Instruments SHE:300338	2.512x
MPC Münchmeyer Petersen Capital AG F:MPCK	0.058x
Arman Financial Services Limited NSE:ARMANFIN	0.093x
Koza Polyester Sanayi ve Ticaret A.S. IS:KOPOL	-0.001x
Virgin Galactic Holdings Inc NYSE:SPCE	-0.249x

Annual Cash Flow Conversion Efficiency for Thanulux Public Company Limited (2000–2024)

The table below shows the annual cash flow conversion efficiency of Thanulux Public Company Limited from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see Thanulux Public Company Limited stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿10.60 Billion ≈ $330.35 Million	฿-649.50 Million ≈ $-20.24 Million	-0.061x	+74.04%
2023-12-31	฿10.49 Billion ≈ $327.07 Million	฿-2.48 Billion ≈ $-77.20 Million	-0.236x	-205.10%
2022-12-31	฿7.07 Billion ≈ $220.45 Million	฿-547.17 Million ≈ $-17.05 Million	-0.077x	-3124.33%
2021-12-31	฿3.98 Billion ≈ $124.00 Million	฿-9.54 Million ≈ $-297.51K	-0.002x	-150.11%
2020-12-31	฿3.79 Billion ≈ $118.26 Million	฿18.17 Million ≈ $566.27K	0.005x	+13659.51%
2019-12-31	฿3.78 Billion ≈ $117.68 Million	฿131.40K ≈ $4.10K	0.000x	-99.86%
2018-12-31	฿3.76 Billion ≈ $117.14 Million	฿92.72 Million ≈ $2.89 Million	0.025x	-32.90%
2017-12-31	฿3.76 Billion ≈ $117.16 Million	฿138.22 Million ≈ $4.31 Million	0.037x	-42.88%
2016-12-31	฿3.51 Billion ≈ $109.46 Million	฿226.08 Million ≈ $7.05 Million	0.064x	+66.56%
2015-12-31	฿3.33 Billion ≈ $103.74 Million	฿128.64 Million ≈ $4.01 Million	0.039x	-42.24%
2014-12-31	฿3.31 Billion ≈ $103.07 Million	฿221.28 Million ≈ $6.90 Million	0.067x	-19.19%
2013-12-31	฿3.15 Billion ≈ $98.33 Million	฿261.24 Million ≈ $8.14 Million	0.083x	+27.56%
2012-12-31	฿3.40 Billion ≈ $105.98 Million	฿220.71 Million ≈ $6.88 Million	0.065x	-3.70%
2011-12-31	฿2.99 Billion ≈ $93.09 Million	฿201.31 Million ≈ $6.27 Million	0.067x	+27.91%
2010-12-31	฿2.77 Billion ≈ $86.37 Million	฿146.03 Million ≈ $4.55 Million	0.053x	-28.99%
2009-12-31	฿2.68 Billion ≈ $83.51 Million	฿198.83 Million ≈ $6.20 Million	0.074x	+53.58%
2008-12-31	฿2.57 Billion ≈ $80.11 Million	฿124.21 Million ≈ $3.87 Million	0.048x	-57.50%
2007-12-31	฿2.48 Billion ≈ $77.36 Million	฿282.22 Million ≈ $8.80 Million	0.114x	-0.13%
2006-12-31	฿2.44 Billion ≈ $75.98 Million	฿277.53 Million ≈ $8.65 Million	0.114x	-6.56%
2005-12-31	฿2.36 Billion ≈ $73.49 Million	฿287.29 Million ≈ $8.95 Million	0.122x	+80.90%
2004-12-31	฿2.08 Billion ≈ $64.84 Million	฿140.11 Million ≈ $4.37 Million	0.067x	-38.62%
2003-12-31	฿1.81 Billion ≈ $56.41 Million	฿198.60 Million ≈ $6.19 Million	0.110x	+12.62%
2002-12-31	฿1.48 Billion ≈ $45.99 Million	฿143.79 Million ≈ $4.48 Million	0.097x	-53.48%
2001-12-31	฿1.39 Billion ≈ $43.43 Million	฿291.81 Million ≈ $9.10 Million	0.209x	+38.05%
2000-12-31	฿1.15 Billion ≈ $35.93 Million	฿174.88 Million ≈ $5.45 Million	0.152x	--

About Thanulux Public Company Limited

BK:TNL Thailand Credit Services

Market Cap

$191.80 Million

฿6.15 Billion THB

Market Cap Rank

#16809 Global

#208 in Thailand

Share Price

฿20.20

Change (1 day)

-2.88%

52-Week Range

฿20.10 - ฿29.00

All Time High

฿42.62