WHA Utilities and Power Public Company Limited (WHAUP) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.022x

Based on the latest financial reports, WHA Utilities and Power Public Company Limited (WHAUP) has a cash flow conversion efficiency ratio of 0.022x 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 (฿303.42 Million ≈ $9.46 Million USD) by net assets (฿13.81 Billion ≈ $430.45 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 WHAUP net asset quality index to measure how much of total assets are equity-financed.

WHA Utilities and Power Public Company Limited - Cash Flow Conversion Efficiency Trend (2013–2025)

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

WHA Utilities and Power Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of WHA Utilities and Power Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Jiangsu Maixinlin Aviation Science & Technology Corp. A SHG:688685	0.244x
TOA PAINT (THAILAND) BK:TOA-R	N/A
RIAMB (Beijing) Tech Dvlp Co SHG:603082	0.021x
Zhejiang Xinhua Chemical Co Ltd SHG:603867	0.034x
Boai NKY Pharmaceuticals Ltd SHE:300109	0.038x
Infund Holding Co Ltd SHE:002141	0.075x
BKS Bank AG VI:BKS	-0.098x
Hangzhou Pinming Software Co. Ltd. A SHG:688109	0.025x

Annual Cash Flow Conversion Efficiency for WHA Utilities and Power Public Company Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of WHA Utilities and Power Public Company Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see WHAUP market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿13.49 Billion ≈ $420.54 Million	฿1.92 Billion ≈ $59.80 Million	0.142x	+10.08%
2024-12-31	฿13.56 Billion ≈ $422.72 Million	฿1.75 Billion ≈ $54.61 Million	0.129x	+25.69%
2023-12-31	฿13.57 Billion ≈ $422.86 Million	฿1.39 Billion ≈ $43.46 Million	0.103x	+66.19%
2022-12-31	฿12.62 Billion ≈ $393.40 Million	฿780.55 Million ≈ $24.33 Million	0.062x	-47.95%
2021-12-31	฿12.38 Billion ≈ $386.00 Million	฿1.47 Billion ≈ $45.86 Million	0.119x	-23.88%
2020-12-31	฿12.16 Billion ≈ $378.93 Million	฿1.90 Billion ≈ $59.15 Million	0.156x	+93.54%
2019-12-31	฿13.56 Billion ≈ $422.63 Million	฿1.09 Billion ≈ $34.09 Million	0.081x	+55.04%
2018-12-31	฿14.05 Billion ≈ $437.90 Million	฿730.88 Million ≈ $22.78 Million	0.052x	-24.82%
2017-12-31	฿12.58 Billion ≈ $392.01 Million	฿870.32 Million ≈ $27.13 Million	0.069x	+780.64%
2016-12-31	฿7.42 Billion ≈ $231.26 Million	฿58.30 Million ≈ $1.82 Million	0.008x	-52.02%
2015-12-31	฿10.10 Billion ≈ $314.81 Million	฿165.41 Million ≈ $5.16 Million	0.016x	-94.80%
2014-12-31	฿809.14 Million ≈ $25.22 Million	฿254.74 Million ≈ $7.94 Million	0.315x	+48.62%
2013-12-31	฿780.82 Million ≈ $24.34 Million	฿165.41 Million ≈ $5.16 Million	0.212x	--

About WHA Utilities and Power Public Company Limited

BK:WHAUP Thailand Utilities - Regulated Water

Market Cap

$923.97 Million

฿29.64 Billion THB

Market Cap Rank

#9253 Global

#86 in Thailand

Share Price

฿7.75

Change (1 day)

-0.64%

52-Week Range

฿3.32 - ฿8.25

All Time High

฿8.25