Vietnam National Petroleum Group (PLX) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.325x

Based on the latest financial reports, Vietnam National Petroleum Group (PLX) has a cash flow conversion efficiency ratio of 0.325x 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 (₫9.38 Trillion ≈ $356.22 Million USD) by net assets (₫28.88 Trillion ≈ $1.10 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PLX net asset quality score to measure how much of total assets are equity-financed.

Vietnam National Petroleum Group - Cash Flow Conversion Efficiency Trend (2019–2025)

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

Vietnam National Petroleum Group Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vietnam National Petroleum Group ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Jiangsu Provincial Agricultural Reclamation and Development Co Ltd SHG:601952	0.011x
PLUXEE NV PA:PLX	0.434x
Suning Commerce Group Co Ltd SHE:002024	0.016x
Guangdong Xianglu Tungsten Co Ltd SHE:002842	-0.016x
Citic Offshore Helicopter Co Ltd SHE:000099	0.009x
Shenzhen Batian Ecotypic Engineering Co Ltd SHE:002170	0.028x
Mister Car Wash, Inc. Common Stock NYSE:MCW	0.083x
Peker Gayrimenkul Yatirim Ortakligi AS IS:PEKGY	0.126x

Annual Cash Flow Conversion Efficiency for Vietnam National Petroleum Group (2019–2025)

The table below shows the annual cash flow conversion efficiency of Vietnam National Petroleum Group from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see PLX company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	₫29.48 Trillion ≈ $1.12 Billion	₫3.99 Trillion ≈ $151.61 Million	0.135x	+67.20%
2024-12-31	₫29.31 Trillion ≈ $1.11 Billion	₫2.37 Trillion ≈ $90.16 Million	0.081x	-57.58%
2023-12-31	₫29.20 Trillion ≈ $1.11 Billion	₫5.57 Trillion ≈ $211.77 Million	0.191x	+19.91%
2022-12-31	₫27.78 Trillion ≈ $1.06 Billion	₫4.42 Trillion ≈ $168.03 Million	0.159x	+785.41%
2021-12-31	₫28.26 Trillion ≈ $1.07 Billion	₫-656.32 Billion ≈ $-24.94 Million	-0.023x	-110.47%
2020-12-31	₫24.13 Trillion ≈ $916.66 Million	₫5.35 Trillion ≈ $203.24 Million	0.222x	+37.49%
2019-12-31	₫25.92 Trillion ≈ $984.93 Million	₫4.18 Trillion ≈ $158.83 Million	0.161x	--

About Vietnam National Petroleum Group

VN:PLX Vietnam Oil & Gas Refining & Marketing

Market Cap

$1.65 Billion

₫43.52 Trillion VND

Market Cap Rank

#6831 Global

#28 in Vietnam

Share Price

₫34250.00

Change (1 day)

+2.39%

52-Week Range

₫32650.00 - ₫69500.00

All Time High

₫70528.86