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 how leveraged is Thai Solar Energy Public Company Limited's balance sheet to measure how much of total assets are equity-financed.

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. Check Thai Solar Energy Public Company Limited earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Thai Nippon Rubber Industry Public Co. Ltd BK:TNR	0.025x
Sonel S.A. WAR:SON	-0.006x
Virtuix Holdings Inc. Class A Common Stock NASDAQ:VTIX	-1.302x
Shinil Electronics Co KO:002700	0.019x
Battery Mineral Resources Corp V:BMR	0.099x
eMedia Holdings Limited JSE:EMN	0.031x
Syntek Semiconductor Co Ltd TWO:5302	0.015x
Trk Corp TW:1432	-0.190x

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

$51.43 Million

฿1.65 Billion THB

Market Cap Rank

#21794 Global

#378 in Thailand

Share Price

฿0.78

Change (1 day)

+0.00%

52-Week Range

฿0.37 - ฿1.05

All Time High

฿6.42