TSA (0297) - Cash Flow Conversion Efficiency

Latest as of February 2026: -0.009x

Based on the latest financial reports, TSA (0297) has a cash flow conversion efficiency ratio of -0.009x as of February 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 (RM-1.60 Million ≈ $-401.46K USD) by net assets (RM186.67 Million ≈ $46.87 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 TSA (0297) net asset quality to measure how much of total assets are equity-financed.

TSA - Cash Flow Conversion Efficiency Trend (2020–2025)

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

TSA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of TSA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vow ASA OL:VOW	0.300x
Notion Vtec Bhd KLSE:0083	0.037x
KB No4 SPAC KQ:205500	-0.171x
Identiv Inc NASDAQ:INVE	-0.020x
St. James's Place plc LSE:STJ	-0.056x
Amogreentech Co.Ltd KQ:125210	0.069x
Teuton Resources Corp. V:TUO	-0.012x
Arthavest Tbk JK:ARTA	-0.005x

Annual Cash Flow Conversion Efficiency for TSA (2020–2025)

The table below shows the annual cash flow conversion efficiency of TSA from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of TSA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-08-31	RM187.67 Million ≈ $47.12 Million	RM36.35 Million ≈ $9.13 Million	0.194x	+70.83%
2024-08-31	RM184.54 Million ≈ $46.33 Million	RM20.92 Million ≈ $5.25 Million	0.113x	-41.59%
2023-08-31	RM142.93 Million ≈ $35.88 Million	RM27.74 Million ≈ $6.97 Million	0.194x	-22.56%
2022-08-31	RM150.04 Million ≈ $37.67 Million	RM37.61 Million ≈ $9.44 Million	0.251x	+98.12%
2021-08-31	RM124.79 Million ≈ $31.33 Million	RM15.79 Million ≈ $3.96 Million	0.127x	-40.22%
2020-08-31	RM121.06 Million ≈ $30.39 Million	RM25.62 Million ≈ $6.43 Million	0.212x	--

About TSA

KLSE:0297 Malaysia Steel

Market Cap

$66.01 Million

RM262.90 Million MYR

Market Cap Rank

#20819 Global

#406 in Malaysia

Share Price

RM0.85

Change (1 day)

-1.73%

52-Week Range

RM0.71 - RM0.89

All Time High

RM0.92