Shin Hai Gas Corp

TW:9926 Taiwan Utilities - Regulated Gas
Market Cap
$271.81 Million
NT$8.99 Billion TWD
Market Cap Rank
#18160 Global
#806 in Taiwan
Share Price
NT$50.10
Change (1 day)
-1.18%
52-Week Range
NT$48.40 - NT$57.20
All Time High
NT$57.20
About

Shin Hai Gas Corporation engages in the supply and sale of natural gas and related equipment in Taiwan. The company provides microcomputer gas meters, gas leak alarms, shut-off valves, safety equipment, natural gas special stoves, and gas type clothes dryers. It also offers telecom services. Shin Hai Gas Corporation was founded in 1966 and is headquartered in New Taipei City, Taiwan.

Shin Hai Gas Corp - Asset Resilience Ratio

Latest as of September 2025: 29.51%

Shin Hai Gas Corp (9926) has an Asset Resilience Ratio of 29.51% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
NT$2.58 Billion
Cash + Short-term Investments
Total Assets
NT$8.75 Billion
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2024)

This chart shows how Shin Hai Gas Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Shin Hai Gas Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents NT$0.00 0%
Short-term Investments NT$2.58 Billion 29.51%
Total Liquid Assets NT$2.58 Billion 29.51%

Asset Resilience Insights

  • Very High Liquidity: Shin Hai Gas Corp maintains exceptional liquid asset reserves at 29.51% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Shin Hai Gas Corp Industry Peers by Asset Resilience Ratio

Compare Shin Hai Gas Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Delong Composite Energy Group Co Ltd
SHE:000593
Utilities - Regulated Gas -4.82%
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
Utilities - Regulated Gas 19.43%
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
Utilities - Regulated Gas 50.66%
Foran Energy Group Co Ltd
SHE:002911
Utilities - Regulated Gas 0.96%
Samchully
KO:004690
Utilities - Regulated Gas 16.53%
Taekyung Chem
KO:006890
Utilities - Regulated Gas 5.47%
Kyungdong Gas
KO:012320
Utilities - Regulated Gas 12.34%
Yesco Holdings Co. Ltd
KO:015360
Utilities - Regulated Gas 3.57%

Annual Asset Resilience Ratio for Shin Hai Gas Corp (2002–2024)

The table below shows the annual Asset Resilience Ratio data for Shin Hai Gas Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 27.32% NT$2.37 Billion NT$8.67 Billion -0.01pp
2023-12-31 27.33% NT$2.27 Billion NT$8.30 Billion +2.04pp
2022-12-31 25.30% NT$1.93 Billion NT$7.64 Billion +1.60pp
2021-12-31 23.70% NT$1.76 Billion NT$7.42 Billion -0.46pp
2020-12-31 24.16% NT$1.66 Billion NT$6.86 Billion +1.89pp
2019-12-31 22.27% NT$1.40 Billion NT$6.28 Billion +1.61pp
2018-12-31 20.66% NT$1.21 Billion NT$5.86 Billion +15.47pp
2017-12-31 5.19% NT$293.15 Million NT$5.65 Billion -13.13pp
2016-12-31 18.32% NT$981.78 Million NT$5.36 Billion +2.25pp
2015-12-31 16.07% NT$818.76 Million NT$5.09 Billion +6.29pp
2014-12-31 9.78% NT$473.06 Million NT$4.83 Billion -1.62pp
2013-12-31 11.41% NT$468.95 Million NT$4.11 Billion -1.23pp
2012-12-31 12.63% NT$452.79 Million NT$3.58 Billion +0.19pp
2011-12-31 12.44% NT$407.28 Million NT$3.27 Billion +0.89pp
2010-12-31 11.54% NT$370.55 Million NT$3.21 Billion +7.36pp
2009-12-31 4.18% NT$129.75 Million NT$3.10 Billion +0.24pp
2008-12-31 3.94% NT$114.37 Million NT$2.91 Billion -2.64pp
2007-12-31 6.57% NT$180.42 Million NT$2.74 Billion +6.39pp
2006-12-31 0.19% NT$4.91 Million NT$2.62 Billion -11.58pp
2005-12-31 11.77% NT$324.95 Million NT$2.76 Billion +1.10pp
2004-12-31 10.67% NT$288.31 Million NT$2.70 Billion +3.89pp
2003-12-31 6.78% NT$178.88 Million NT$2.64 Billion -0.03pp
2002-12-31 6.81% NT$176.21 Million NT$2.59 Billion --
pp = percentage points