Asia Plus Group Holdings PCL (ASP) — Cash Flow Quality Index

Latest as of December 2025: 70.44x

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 debt repayment capacity of Asia Plus Group Holdings PCL to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

70.44x
Operating CF / Net Income

Operating Cash Flow

฿1.20 Billion
THB

Net Income

฿17.07 Million
THB

Data as of

Dec 2025
Most recent filing

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. For the full cash flow conversion analysis, see Asia Plus Group Holdings PCL operating cash flow efficiency.

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.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.