Asia Plus Group Holdings PCL (ASP) — Cash Flow Quality Index
Asia Plus Group Holdings PCL (ASP) has a Cash Flow Quality Index of 70.44x as of December 2025. Operating cash flow of ฿1.20 Billion exceeds net income of ฿17.07 Million, indicating high earnings quality where cash backs reported profits. Explore ASP long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Asia Plus Group Holdings PCL Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Asia Plus Group Holdings PCL across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Asia Plus Group Holdings PCL to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Asia Plus Group Holdings PCL (2005–2025)
Year-by-year earnings quality comparison for Asia Plus Group Holdings PCL. For live market cap and the full company financial profile, see ASP market cap overview.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 9.24x | ฿1.81 Billion | ฿195.65 Million | ▲ +96.2% |
| 2024 | 4.71x | ฿2.12 Billion | ฿449.48 Million | ▼ -30.8% |
| 2023 | 6.80x | ฿3.46 Billion | ฿508.29 Million | ▲ +394.6% |
| 2022 | 1.38x | ฿826.00 Million | ฿600.62 Million | ▲ +136.8% |
| 2021 | -3.74x | ฿-4.58 Billion | ฿1.23 Billion | ▼ -253.6% |
| 2020 | -1.06x | ฿-548.81 Million | ฿518.64 Million | ▼ -10.6% |
| 2019 | -0.96x | ฿-427.21 Million | ฿446.57 Million | ▼ -113.2% |
| 2018 | 7.25x | ฿3.93 Billion | ฿542.82 Million | ▲ +1584.6% |
| 2017 | -0.49x | ฿-453.82 Million | ฿929.51 Million | ▼ -189.7% |
| 2016 | 0.54x | ฿518.64 Million | ฿953.06 Million | ▲ +20.4% |
| 2015 | 0.45x | ฿317.47 Million | ฿702.22 Million | ▼ -59.5% |
| 2014 | 1.12x | ฿1.16 Billion | ฿1.04 Billion | ▲ +121.7% |
| 2013 | 0.50x | ฿674.01 Million | ฿1.34 Billion | ▲ +142.5% |
| 2012 | -1.18x | ฿-901.65 Million | ฿760.99 Million | ▼ -152.7% |
| 2011 | 2.25x | ฿1.14 Billion | ฿505.32 Million | ▲ +459.5% |
| 2010 | -0.63x | ฿-470.05 Million | ฿751.64 Million | ▼ -17.6% |
| 2009 | -0.53x | ฿-240.77 Million | ฿452.86 Million | ▼ -141.5% |
| 2008 | 1.28x | ฿270.11 Million | ฿210.75 Million | ▲ +48.2% |
| 2007 | 0.86x | ฿384.73 Million | ฿444.95 Million | ▲ +365.6% |
| 2006 | -0.33x | ฿-119.12 Million | ฿365.90 Million | ▼ -130.2% |
| 2005 | 1.08x | ฿539.80 Million | ฿500.57 Million | — |