Thai Solar Energy Public Company Limited (TSE) - 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 0.044x 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 (฿139.44 Million ≈ $4.35 Million USD) by net assets (฿3.14 Billion ≈ $97.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Thai Solar Energy Public Company Limited - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Thai Solar Energy Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Thai Solar Energy Public Company Limited for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
IXAQF
NASDAQ:IXAQF
|
0.193x |
|
KUYA SILVER CORP.
F:6MR1
|
N/A |
|
Tirupati Forge Limited
NSE:TIRUPATIFL
|
-0.024x |
|
WIZIT Co. Ltd
KQ:036090
|
-0.015x |
|
Litemax Electronics
TWO:4995
|
0.048x |
|
Atakule Gayrimenkul Yatirim Ortakligi AS
IS:AGYO
|
0.006x |
|
C-Tech United
TWO:3625
|
-0.090x |
|
Osmond Resources Ltd
AU:OSM
|
-0.057x |
Annual Cash Flow Conversion Efficiency for Thai Solar Energy Public Company Limited (2012–2024)
The table below shows the annual cash flow conversion efficiency of Thai Solar Energy Public Company Limited from 2012 to 2024. 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 |
|---|---|---|---|---|
| 2024-12-31 | ฿2.99 Billion ≈ $93.14 Million |
฿373.41 Million ≈ $11.64 Million |
0.125x | -59.46% |
| 2023-12-31 | ฿3.62 Billion ≈ $112.88 Million |
฿1.12 Billion ≈ $34.79 Million |
0.308x | +1366.18% |
| 2022-12-31 | ฿6.44 Billion ≈ $200.81 Million |
฿-156.83 Million ≈ $-4.89 Million |
-0.024x | -128.73% |
| 2021-12-31 | ฿6.35 Billion ≈ $197.90 Million |
฿538.03 Million ≈ $16.77 Million |
0.085x | -10.57% |
| 2020-12-31 | ฿5.92 Billion ≈ $184.50 Million |
฿560.85 Million ≈ $17.48 Million |
0.095x | -23.00% |
| 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 | -159.74% |
| 2016-12-31 | ฿4.59 Billion ≈ $142.92 Million |
฿-39.55 Million ≈ $-1.23 Million |
-0.009x | +60.18% |
| 2015-12-31 | ฿4.04 Billion ≈ $125.93 Million |
฿-87.51 Million ≈ $-2.73 Million |
-0.022x | -111.70% |
| 2014-12-31 | ฿3.49 Billion ≈ $108.70 Million |
฿645.60 Million ≈ $20.12 Million |
0.185x | +192.98% |
| 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
Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants in Thailand. It operates solar farm, battery energy storage system, solar rooftop, and solar floating projects, as well as biomass powerplants. It serves government and private sector clients. The company also provides renewable energy, such as wind and waste energy, as well as inves… Read more