Siam Pan Group PCL (SPG) — Cash Flow Quality Index

Latest as of September 2025: 1.64x

Siam Pan Group PCL (SPG) has a Cash Flow Quality Index of 1.64x as of September 2025. Operating cash flow of ฿80.10 Million exceeds net income of ฿48.72 Million, indicating high earnings quality where cash backs reported profits. Explore Siam Pan Group PCL (SPG) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.64x
Operating CF / Net Income

Operating Cash Flow

฿80.10 Million
THB

Net Income

฿48.72 Million
THB

Data as of

Sep 2025
Most recent filing

Siam Pan Group PCL Cash Flow Quality Index (2000–2024)

Historical Cash Flow Quality Index for Siam Pan Group PCL across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SPG cash generation efficiency.

Annual Cash Flow Quality Index for Siam Pan Group PCL (2000–2024)

Year-by-year earnings quality comparison for Siam Pan Group PCL.

Year Quality Index Operating CF (THB) Net Income YoY Change
2024 1.19x ฿292.54 Million ฿246.74 Million ▼ -19.2%
2023 1.47x ฿504.36 Million ฿343.72 Million ▲ +101.4%
2022 0.73x ฿251.19 Million ฿344.70 Million ▲ +44.4%
2021 0.50x ฿233.07 Million ฿461.69 Million ▼ -66.6%
2020 1.51x ฿563.30 Million ฿372.88 Million ▼ -38.8%
2019 2.47x ฿756.57 Million ฿306.69 Million ▲ +113.3%
2018 1.16x ฿438.77 Million ฿379.35 Million ▲ +129.5%
2017 0.50x ฿215.90 Million ฿428.40 Million ▼ -49.3%
2016 0.99x ฿563.15 Million ฿566.40 Million ▼ -53.6%
2015 2.14x ฿1.05 Billion ฿489.40 Million ▲ +172.8%
2014 0.79x ฿350.17 Million ฿445.45 Million ▼ -32.4%
2013 1.16x ฿762.35 Million ฿655.91 Million ▲ +44.5%
2012 0.80x ฿486.92 Million ฿605.57 Million ▲ +66.3%
2011 0.48x ฿161.02 Million ฿332.96 Million ▼ -48.9%
2010 0.95x ฿401.65 Million ฿424.57 Million ▼ -42.0%
2009 1.63x ฿696.64 Million ฿426.78 Million ▼ -3.0%
2008 1.68x ฿613.30 Million ฿364.47 Million ▲ +6336.4%
2007 -0.03x ฿-8.74 Million ฿323.85 Million ▼ -101.4%
2006 1.96x ฿384.89 Million ฿196.28 Million ▲ +17.3%
2005 1.67x ฿231.41 Million ฿138.45 Million ▲ +86.2%
2004 0.90x ฿143.96 Million ฿160.40 Million ▲ +7.0%
2003 0.84x ฿218.01 Million ฿259.89 Million ▼ -35.7%
2001 1.31x ฿304.47 Million ฿233.31 Million ▲ +73.2%
2000 0.75x ฿249.73 Million ฿331.41 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.