Ziga Innovation Public Company Limited (ZIGA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ziga Innovation Public Company Limited (ZIGA) has a cash flow conversion efficiency ratio of -0.012x 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 (฿-10.33 Million ≈ $-322.04K USD) by net assets (฿832.09 Million ≈ $25.94 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 Ziga Innovation Public Company Limited balance sheet quality to measure how much of total assets are equity-financed.
Ziga Innovation Public Company Limited - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Ziga Innovation Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Ziga Innovation Public Company Limited to evaluate the quality of earnings relative to operating cash generation.
Ziga Innovation Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ziga Innovation Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wiscom
KO:024070
|
-0.034x |
|
Eason & Co Public Company Limited
BK:EASON
|
0.029x |
|
SIMPPLE LTD. Ordinary Shares
NASDAQ:SPPL
|
0.712x |
|
Asuransi Ramayana Tbk
JK:ASRM
|
-0.017x |
|
Thermon Group Holdings Inc
NYSE:THR
|
0.020x |
|
Signetics Corporation
KQ:033170
|
-0.033x |
|
EnWave Corporation
V:ENW
|
-0.041x |
|
Complete Solaria, Inc
NASDAQ:SPWR
|
0.057x |
Annual Cash Flow Conversion Efficiency for Ziga Innovation Public Company Limited (2014–2024)
The table below shows the annual cash flow conversion efficiency of Ziga Innovation Public Company Limited from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see ZIGA stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿808.25 Million ≈ $25.19 Million |
฿113.80 Million ≈ $3.55 Million |
0.141x | -30.77% |
| 2023-12-31 | ฿782.25 Million ≈ $24.38 Million |
฿159.10 Million ≈ $4.96 Million |
0.203x | -39.87% |
| 2022-12-31 | ฿709.93 Million ≈ $22.13 Million |
฿240.11 Million ≈ $7.48 Million |
0.338x | +707.93% |
| 2021-12-31 | ฿995.52 Million ≈ $31.03 Million |
฿-55.38 Million ≈ $-1.73 Million |
-0.056x | -539.33% |
| 2020-12-31 | ฿820.22 Million ≈ $25.57 Million |
฿10.39 Million ≈ $323.75K |
0.013x | -94.51% |
| 2019-12-31 | ฿752.81 Million ≈ $23.46 Million |
฿173.71 Million ≈ $5.41 Million |
0.231x | +119.21% |
| 2018-12-31 | ฿757.21 Million ≈ $23.60 Million |
฿79.71 Million ≈ $2.48 Million |
0.105x | +507.44% |
| 2017-12-31 | ฿782.25 Million ≈ $24.38 Million |
฿-20.21 Million ≈ $-629.93K |
-0.026x | -102.81% |
| 2016-12-31 | ฿315.34 Million ≈ $9.83 Million |
฿290.28 Million ≈ $9.05 Million |
0.921x | +339.92% |
| 2015-12-31 | ฿257.07 Million ≈ $8.01 Million |
฿53.79 Million ≈ $1.68 Million |
0.209x | +139.42% |
| 2014-12-31 | ฿52.53 Million ≈ $1.64 Million |
฿-27.89 Million ≈ $-869.16K |
-0.531x | -- |
About Ziga Innovation Public Company Limited
Ziga Innovation Public Company Limited, together with its subsidiaries, engages in the manufacture and trading of steel conduits for electrical wiring systems in Thailand. The company provides steel piping's for construction and real estate businesses, as well as DAIWA electrical conduits, DAIWA super, Zuper Ziga, Ziga structural pipes, and High Micron galvanized coating pipes. It is involved in … Read more