Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more
Tipco Asphalt Public Company Limited (TPY1) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.092x
Based on the latest financial reports, Tipco Asphalt Public Company Limited (TPY1) has a cash flow conversion efficiency ratio of 0.092x 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 (€1.40 Billion) by net assets (€15.24 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tipco Asphalt Public Company Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tipco Asphalt Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tipco Asphalt Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Qingdao Huijintong Power
SHG:603577
|
-0.017x |
|
Limoneira Co
NASDAQ:LMNR
|
0.005x |
|
Junhe Pumps Holding Co Ltd
SHG:603617
|
0.037x |
|
Hangzhou Kaierda Welding Robot Co Ltd
SHG:688255
|
0.026x |
|
PAKUWON JATI RP 25
F:P04
|
N/A |
|
Síminn hf
IC:SIMINN
|
0.082x |
|
Neuromeka Co.Ltd.
KQ:348340
|
-0.481x |
|
Minfeng Special Paper Co Ltd
SHG:600235
|
0.011x |
Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €16.09 Billion | €870.26 Million | 0.054x | -78.40% |
| 2023-12-31 | €16.90 Billion | €4.23 Billion | 0.250x | +44.96% |
| 2022-12-31 | €16.79 Billion | €2.90 Billion | 0.173x | +269.79% |
| 2021-12-31 | €15.94 Billion | €744.31 Million | 0.047x | -87.37% |
| 2020-12-31 | €15.02 Billion | €5.55 Billion | 0.370x | -22.49% |
| 2019-12-31 | €13.58 Billion | €6.48 Billion | 0.477x | +328.17% |
| 2018-12-31 | €12.54 Billion | €-2.62 Billion | -0.209x | -214.77% |
| 2017-12-31 | €12.93 Billion | €2.35 Billion | 0.182x | -53.80% |
| 2016-12-31 | €12.27 Billion | €4.84 Billion | 0.394x | -- |