Thantawan Industry Public Company Limited (THIP) — Cash Flow Quality Index
Thantawan Industry Public Company Limited (THIP) has a Cash Flow Quality Index of -0.31x as of December 2025. Operating cash flow of ฿-12.81 Million is below net income of ฿40.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore THIP cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thantawan Industry Public Company Limited Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Thantawan Industry Public Company Limited across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Thantawan Industry Public Company Limite cash conversion from operations.
Annual Cash Flow Quality Index for Thantawan Industry Public Company Limited (2000–2025)
Year-by-year earnings quality comparison for Thantawan Industry Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.31x | ฿477.88 Million | ฿206.69 Million | ▲ +1729.6% |
| 2024 | -0.14x | ฿-58.75 Million | ฿414.08 Million | ▼ -108.5% |
| 2023 | 1.66x | ฿478.82 Million | ฿288.51 Million | ▲ +33.8% |
| 2022 | 1.24x | ฿519.36 Million | ฿418.64 Million | ▲ +141.3% |
| 2021 | 0.51x | ฿236.59 Million | ฿460.11 Million | ▼ -56.5% |
| 2020 | 1.18x | ฿475.94 Million | ฿402.92 Million | ▼ -6.6% |
| 2019 | 1.26x | ฿357.87 Million | ฿283.07 Million | ▲ +58.8% |
| 2018 | 0.80x | ฿233.72 Million | ฿293.51 Million | ▼ -15.6% |
| 2017 | 0.94x | ฿309.78 Million | ฿328.45 Million | ▼ -9.3% |
| 2016 | 1.04x | ฿336.77 Million | ฿324.03 Million | ▼ -19.8% |
| 2015 | 1.30x | ฿312.78 Million | ฿241.44 Million | ▲ +31.7% |
| 2014 | 0.98x | ฿118.08 Million | ฿120.04 Million | ▼ -17.9% |
| 2013 | 1.20x | ฿132.91 Million | ฿110.87 Million | ▲ +64.5% |
| 2012 | 0.73x | ฿66.33 Million | ฿91.04 Million | ▲ +28.7% |
| 2011 | 0.57x | ฿34.47 Million | ฿60.88 Million | ▼ -56.6% |
| 2010 | 1.30x | ฿69.49 Million | ฿53.27 Million | ▼ -42.1% |
| 2009 | 2.25x | ฿146.56 Million | ฿65.09 Million | ▲ +134.2% |
| 2008 | 0.96x | ฿10.27 Million | ฿10.68 Million | ▲ +64.0% |
| 2007 | 0.59x | ฿21.24 Million | ฿36.24 Million | ▼ -63.5% |
| 2006 | 1.61x | ฿43.59 Million | ฿27.16 Million | ▲ +101.1% |
| 2005 | 0.80x | ฿74.35 Million | ฿93.12 Million | ▼ -91.6% |
| 2003 | 9.50x | ฿29.80 Million | ฿3.14 Million | ▲ +293.4% |
| 2002 | 2.41x | ฿72.93 Million | ฿30.21 Million | ▲ +79.5% |
| 2001 | 1.35x | ฿54.78 Million | ฿40.72 Million | ▼ -14.7% |
| 2000 | 1.58x | ฿60.52 Million | ฿38.36 Million | — |