Thai Solar Energy Public Company Limited Cash Flow Conversion Efficiency

Latest as of June 2026: 0.038x

Thai Solar Energy Public Company Limited cash flow conversion efficiency. Based on the latest financial reports, Thai Solar Energy Public Company Limited (TSE) has a cash flow conversion efficiency ratio of 0.038x as of June 2026. 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 (฿119.59 Million ≈ $3.73 Million USD) by net assets (฿3.16 Billion ≈ $98.52 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 Thai Solar Energy Public Company Limited (2012–2025)

Cash flow conversion efficiency of Thai Solar Energy Public Company Limited from 2012 to 2025. This chart illustrates how Thai Solar Energy Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Thai Solar Energy Public Company Limited stock price today for real-time trading data and today's change.

Thai Solar Energy Public Company Limited Cash Flow Conversion Ratio Explained

Thai Solar Energy 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.

Thai Solar Energy Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Thai Solar Energy Public Company Limited ranked by their cash flow conversion efficiency. Also see market value of Thai Solar Energy Public Company Limited for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Howteh Technology Co Ltd TWO:3114	0.073x
Sheetal Cool Products Limited NSE:SCPL	0.030x
Brimstone Investment Corporation Limited JSE:BRN	0.041x
SLP Resources Bhd KLSE:7248	0.081x
Kpx Green Chem KO:083420	0.108x
Thitikorn Public Company Limited BK:TK	-0.034x
24SevenOffice Scandinavia AB ST:247	-0.112x
Kula Gold Ltd AU:KGD	-0.204x

Annual Cash Flow Conversion Efficiency for Thai Solar Energy Public Company Limited (2012–2025)

The table below shows the annual cash flow conversion efficiency of Thai Solar Energy Public Company Limited from 2012 to 2025. Review TSE 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
2025-12-31	฿3.08 Billion ≈ $95.92 Million	฿150.63 Million ≈ $4.70 Million	0.049x	-60.83%
2024-12-31	฿2.99 Billion ≈ $93.14 Million	฿373.41 Million ≈ $11.64 Million	0.125x	-47.92%
2023-12-31	฿3.62 Billion ≈ $112.88 Million	฿868.98 Million ≈ $27.09 Million	0.240x	+1085.73%
2022-12-31	฿6.44 Billion ≈ $200.81 Million	฿-156.83 Million ≈ $-4.89 Million	-0.024x	-129.75%
2021-12-31	฿6.35 Billion ≈ $197.90 Million	฿519.53 Million ≈ $16.19 Million	0.082x	-14.37%
2020-12-31	฿5.92 Billion ≈ $184.50 Million	฿565.65 Million ≈ $17.63 Million	0.096x	-22.34%
2019-12-31	฿5.63 Billion ≈ $175.55 Million	฿693.08 Million ≈ $21.60 Million	0.123x	+395.99%
2018-12-31	฿4.91 Billion ≈ $153.18 Million	฿-204.32 Million ≈ $-6.37 Million	-0.042x	-85.56%
2017-12-31	฿4.78 Billion ≈ $149.01 Million	฿-107.11 Million ≈ $-3.34 Million	-0.022x	-151.20%
2016-12-31	฿4.59 Billion ≈ $142.92 Million	฿-40.90 Million ≈ $-1.27 Million	-0.009x	+58.18%
2015-12-31	฿4.04 Billion ≈ $125.93 Million	฿-86.17 Million ≈ $-2.69 Million	-0.021x	-116.58%
2014-12-31	฿3.49 Billion ≈ $108.76 Million	฿448.86 Million ≈ $13.99 Million	0.129x	+164.61%
2013-12-31	฿934.57 Million ≈ $29.13 Million	฿-186.07 Million ≈ $-5.80 Million	-0.199x	-57.14%
2012-12-31	฿762.37 Million ≈ $23.76 Million	฿-96.59 Million ≈ $-3.01 Million	-0.127x	--

About Thai Solar Energy Public Company Limited

BK:TSE Thailand Utilities - Renewable

Market Cap

$67.99 Million

฿2.18 Billion THB

Market Cap Rank

#20463 Global

#331 in Thailand

Share Price

฿1.03

Change (1 day)

-6.36%

52-Week Range

฿0.37 - ฿1.28

All Time High

฿6.42