Thai Wah Public Company Limited (TWPC) — Cash Flow Quality Index
Thai Wah Public Company Limited (TWPC) has a Cash Flow Quality Index of -0.91x as of March 2026. Operating cash flow of ฿-110.32 Million is below net income of ฿121.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore TWPC 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
Thai Wah Public Company Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Thai Wah Public Company Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Thai Wah Public Company Limited (TWPC) cash flow conversion.
Annual Cash Flow Quality Index for Thai Wah Public Company Limited (2005–2025)
Year-by-year earnings quality comparison for Thai Wah Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 5.57x | ฿867.88 Million | ฿155.92 Million | ▲ +937.5% |
| 2023 | 0.54x | ฿21.21 Million | ฿39.53 Million | ▼ -71.0% |
| 2022 | 1.85x | ฿676.95 Million | ฿366.08 Million | ▲ +79.5% |
| 2021 | 1.03x | ฿441.56 Million | ฿428.70 Million | ▼ -92.0% |
| 2020 | 12.87x | ฿571.21 Million | ฿44.37 Million | ▲ +247.4% |
| 2019 | 3.71x | ฿466.01 Million | ฿125.77 Million | ▲ +391.5% |
| 2018 | 0.75x | ฿205.21 Million | ฿272.25 Million | ▼ -25.5% |
| 2017 | 1.01x | ฿654.63 Million | ฿647.23 Million | ▲ +37.6% |
| 2016 | 0.73x | ฿670.83 Million | ฿912.78 Million | ▼ -42.3% |
| 2015 | 1.27x | ฿159.24 Million | ฿124.99 Million | ▲ +90.5% |
| 2014 | 0.67x | ฿191.65 Million | ฿286.57 Million | ▼ -32.9% |
| 2013 | 1.00x | ฿351.03 Million | ฿352.11 Million | ▲ +47.0% |
| 2012 | 0.68x | ฿188.49 Million | ฿277.93 Million | ▼ -40.0% |
| 2011 | 1.13x | ฿242.90 Million | ฿214.77 Million | ▲ +59.6% |
| 2010 | 0.71x | ฿162.86 Million | ฿229.89 Million | ▼ -11.1% |
| 2009 | 0.80x | ฿210.36 Million | ฿264.08 Million | ▼ -24.8% |
| 2008 | 1.06x | ฿153.13 Million | ฿144.64 Million | ▼ -28.3% |
| 2007 | 1.48x | ฿144.02 Million | ฿97.59 Million | ▼ -29.6% |
| 2006 | 2.10x | ฿171.47 Million | ฿81.83 Million | ▲ +264.0% |
| 2005 | 0.58x | ฿48.07 Million | ฿83.50 Million | — |