True Corporation Public Company Limited (TRUE) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.212x

Based on the latest financial reports, True Corporation Public Company Limited (TRUE) has a cash flow conversion efficiency ratio of 0.212x as of June 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 (฿16.32 Billion ≈ $508.79 Million USD) by net assets (฿77.17 Billion ≈ $2.41 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See True Corporation Public Company Limited net asset quality index to measure how much of total assets are equity-financed.

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

This chart illustrates how True Corporation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of True Corporation Public Company Limited to evaluate the quality of earnings relative to operating cash generation.

True Corporation Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Han'S Laser Tech A SHE:002008	-0.006x
XCMG Construction Machinery Co Ltd SHE:000425	0.033x
VODACOM GROUP LTD. SP.ADR F:5VD0	N/A
LI AUTO INC. (SP.ADR)/2 F:L87A	-0.011x
Medpace Holdings Inc NASDAQ:MEDP	0.254x
HAIER SM.HME UNSP.ADR/4 F:HAI0	N/A
B3 S.A. - Brasil Bolsa Balcão SA:B3SA3	0.081x
POSCO Holdings Inc F:PKX	0.031x

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

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

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿74.18 Billion ≈ $2.31 Billion	฿78.45 Billion ≈ $2.45 Billion	1.057x	+45.52%
2023-12-31	฿86.14 Billion ≈ $2.68 Billion	฿62.60 Billion ≈ $1.95 Billion	0.727x	+26.69%
2022-12-31	฿61.41 Billion ≈ $1.91 Billion	฿35.22 Billion ≈ $1.10 Billion	0.574x	+32.36%
2021-12-31	฿81.82 Billion ≈ $2.55 Billion	฿35.46 Billion ≈ $1.11 Billion	0.433x	-15.90%
2020-12-31	฿85.62 Billion ≈ $2.67 Billion	฿44.12 Billion ≈ $1.38 Billion	0.515x	+350.22%
2019-12-31	฿126.02 Billion ≈ $3.93 Billion	฿14.42 Billion ≈ $449.58 Million	0.114x	-59.60%
2018-12-31	฿133.88 Billion ≈ $4.17 Billion	฿37.93 Billion ≈ $1.18 Billion	0.283x	+661.40%
2017-12-31	฿134.20 Billion ≈ $4.18 Billion	฿4.99 Billion ≈ $155.64 Million	0.037x	-39.46%
2016-12-31	฿131.73 Billion ≈ $4.11 Billion	฿8.10 Billion ≈ $252.35 Million	0.061x	+38.68%
2015-12-31	฿75.21 Billion ≈ $2.34 Billion	฿3.33 Billion ≈ $103.89 Million	0.044x	+186.28%
2014-12-31	฿70.94 Billion ≈ $2.21 Billion	฿-3.64 Billion ≈ $-113.57 Million	-0.051x	-101.07%
2013-12-31	฿4.73 Billion ≈ $147.50 Million	฿22.68 Billion ≈ $706.85 Million	4.792x	+817.87%
2012-12-31	฿14.00 Billion ≈ $436.50 Million	฿7.31 Billion ≈ $227.90 Million	0.522x	+142.10%
2011-12-31	฿21.47 Billion ≈ $669.18 Million	฿4.63 Billion ≈ $144.31 Million	0.216x	-70.99%
2010-12-31	฿12.47 Billion ≈ $388.67 Million	฿9.27 Billion ≈ $288.89 Million	0.743x	-16.24%
2009-12-31	฿10.64 Billion ≈ $331.72 Million	฿9.44 Billion ≈ $294.36 Million	0.887x	-50.61%
2008-12-31	฿6.62 Billion ≈ $206.34 Million	฿11.89 Billion ≈ $370.71 Million	1.797x	+89.31%
2007-12-31	฿11.96 Billion ≈ $372.66 Million	฿11.35 Billion ≈ $353.66 Million	0.949x	-45.68%
2006-12-31	฿7.40 Billion ≈ $230.66 Million	฿12.93 Billion ≈ $402.95 Million	1.747x	-95.38%
2005-12-31	฿306.95 Million ≈ $9.57 Million	฿11.60 Billion ≈ $361.69 Million	37.805x	+2326.42%
2004-12-31	฿4.74 Billion ≈ $147.67 Million	฿7.38 Billion ≈ $230.07 Million	1.558x	-67.08%
2003-12-31	฿1.50 Billion ≈ $46.60 Million	฿7.08 Billion ≈ $220.54 Million	4.733x	+664.60%
2002-12-31	฿7.20 Billion ≈ $224.36 Million	฿4.46 Billion ≈ $138.87 Million	0.619x	-32.35%
2001-12-31	฿4.90 Billion ≈ $152.57 Million	฿4.48 Billion ≈ $139.61 Million	0.915x	+144.49%
2000-12-31	฿8.63 Billion ≈ $268.89 Million	฿3.23 Billion ≈ $100.63 Million	0.374x	--

About True Corporation Public Company Limited

BK:TRUE Thailand Telecom Services

Market Cap

$15.19 Billion

฿487.18 Billion THB

Market Cap Rank

#1615 Global

#10 in Thailand

Share Price

฿14.10

Change (1 day)

+1.44%

52-Week Range

฿10.30 - ฿14.80

All Time High

฿14.80