Thai Solar Energy Public Company Limited (TSE) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.026x

Based on the latest financial reports, Thai Solar Energy Public Company Limited (TSE) has a cash flow conversion efficiency ratio of 0.026x as of March 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 (฿80.65 Million ≈ $2.51 Million USD) by net assets (฿3.14 Billion ≈ $97.90 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 Thai Solar Energy Public Company Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Thai Solar Energy Public Company Limited - Cash Flow Conversion Efficiency Trend (2012–2025)

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

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.

Company	Cash Flow Conversion Efficiency
HS Valve Co. Ltd KQ:039610	0.001x
Awanbiru Technology Bhd KLSE:5204	0.539x
IBKS No2 SPAC KQ:204840	-0.088x
Innometry Co. Ltd KQ:302430	0.019x
5Th Planet Games A/S OL:5PG	0.004x
Plutus Financial Group Limited Ordinary Shares NASDAQ:PLUT	-0.019x
Mercer International Inc F:AEZ	0.678x
Defiance Silver Corp V:DEF	-0.010x

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. For the full company profile with market capitalisation and key ratios, see market cap of Thai Solar Energy Public Company Limited.

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

$47.47 Million

฿1.52 Billion THB

Market Cap Rank

#22166 Global

#384 in Thailand

Share Price

฿0.72

Change (1 day)

-2.70%

52-Week Range

฿0.34 - ฿1.05

All Time High

฿6.42