Varopakorn Public Company Limited (VARO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.381x

Based on the latest financial reports, Varopakorn Public Company Limited (VARO) has a cash flow conversion efficiency ratio of 0.381x 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 (฿362.20 Million ≈ $11.29 Million USD) by net assets (฿949.43 Million ≈ $29.59 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 VARO net asset quality index to measure how much of total assets are equity-financed.

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

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

Varopakorn Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Solueta Co Ltd KQ:154040	-0.026x
Boa Concept SA PA:ALBOA	0.010x
Astute Metals NL AU:ASE	-0.011x
Guardian Exploration Inc V:GX	0.634x
Intraco Penta Tbk JK:INTA	-0.008x
FuelPositive Corp V:NHHH	-0.016x
HF Company SA PA:ALHF	0.038x
Kalo Gold Corp NASDAQ:KLGDD	-2.311x

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

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

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿901.96 Million ≈ $28.11 Million	฿10.59 Million ≈ $330.10K	0.012x	-86.04%
2023-12-31	฿771.53 Million ≈ $24.05 Million	฿64.89 Million ≈ $2.02 Million	0.084x	-81.18%
2022-12-31	฿878.46 Million ≈ $27.38 Million	฿392.56 Million ≈ $12.24 Million	0.447x	+153.16%
2021-12-31	฿780.46 Million ≈ $24.33 Million	฿-656.07 Million ≈ $-20.45 Million	-0.841x	-14429.26%
2020-12-31	฿776.59 Million ≈ $24.21 Million	฿4.56 Million ≈ $142.00K	0.006x	-94.98%
2019-12-31	฿913.38 Million ≈ $28.47 Million	฿106.81 Million ≈ $3.33 Million	0.117x	+105.89%
2018-12-31	฿1.08 Billion ≈ $33.58 Million	฿61.18 Million ≈ $1.91 Million	0.057x	+233.75%
2017-12-31	฿1.07 Billion ≈ $33.34 Million	฿-45.42 Million ≈ $-1.42 Million	-0.042x	+37.00%
2016-12-31	฿1.07 Billion ≈ $33.35 Million	฿-72.11 Million ≈ $-2.25 Million	-0.067x	-119.77%
2015-12-31	฿1.05 Billion ≈ $32.74 Million	฿358.02 Million ≈ $11.16 Million	0.341x	+688.51%
2014-12-31	฿1.08 Billion ≈ $33.59 Million	฿-62.43 Million ≈ $-1.95 Million	-0.058x	-121.02%
2013-12-31	฿1.07 Billion ≈ $33.48 Million	฿296.00 Million ≈ $9.23 Million	0.276x	+1358.60%
2012-12-31	฿1.18 Billion ≈ $36.68 Million	฿-25.77 Million ≈ $-803.10K	-0.022x	-123.77%
2011-12-31	฿1.27 Billion ≈ $39.45 Million	฿116.61 Million ≈ $3.63 Million	0.092x	+47.27%
2010-12-31	฿1.25 Billion ≈ $38.83 Million	฿77.94 Million ≈ $2.43 Million	0.063x	-41.99%
2009-12-31	฿1.23 Billion ≈ $38.39 Million	฿132.83 Million ≈ $4.14 Million	0.108x	+4.98%
2008-12-31	฿1.17 Billion ≈ $36.46 Million	฿120.16 Million ≈ $3.75 Million	0.103x	-61.38%
2007-12-31	฿1.18 Billion ≈ $36.78 Million	฿313.82 Million ≈ $9.78 Million	0.266x	+922.66%
2006-12-31	฿1.14 Billion ≈ $35.44 Million	฿29.57 Million ≈ $921.69K	0.026x	-88.51%
2005-12-31	฿1.05 Billion ≈ $32.72 Million	฿237.61 Million ≈ $7.41 Million	0.226x	+3593.72%
2004-12-31	฿981.64 Million ≈ $30.60 Million	฿6.02 Million ≈ $187.51K	0.006x	-90.60%
2003-12-31	฿820.93 Million ≈ $25.59 Million	฿53.54 Million ≈ $1.67 Million	0.065x	-33.64%
2002-12-31	฿774.18 Million ≈ $24.13 Million	฿76.09 Million ≈ $2.37 Million	0.098x	-51.64%
2001-12-31	฿721.76 Million ≈ $22.50 Million	฿146.68 Million ≈ $4.57 Million	0.203x	+337.78%
2000-12-31	฿573.53 Million ≈ $17.88 Million	฿26.62 Million ≈ $829.85K	0.046x	--

About Varopakorn Public Company Limited

BK:VARO Thailand Aluminum

Market Cap

$11.96 Million

฿383.62 Million THB

Market Cap Rank

#26587 Global

#551 in Thailand

Share Price

฿3.84

Change (1 day)

-0.52%

52-Week Range

฿3.82 - ฿5.30

All Time High

฿15.20