Shin Shin Natural Gas Co Ltd (9918) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.038x

Based on the latest financial reports, Shin Shin Natural Gas Co Ltd (9918) has a cash flow conversion efficiency ratio of 0.038x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (NT$126.74 Million ≈ $3.99 Million USD) by net assets (NT$3.31 Billion ≈ $104.38 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Shin Shin Natural Gas Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Shin Shin Natural Gas Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Shin Shin Natural Gas Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Shin Shin Natural Gas Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shin Shin Natural Gas Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sidus Space Inc NASDAQ:SIDU	-0.119x
Turtle Beach Corporation NASDAQ:TBCH	0.263x
Aviat Networks Inc NASDAQ:AVNW	-0.006x
SOHO China Limited F:45S	0.005x
Bank Of Princeton NASDAQ:BPRN	0.045x
TTS (TRANSPORT TRADE SERVICES) RO:TTS	0.023x
Halla Holdings Corp KO:060980	0.018x
Innoprise Plantations Bhd KLSE:6262	0.065x

Annual Cash Flow Conversion Efficiency for Shin Shin Natural Gas Co Ltd (2002–2025)

The table below shows the annual cash flow conversion efficiency of Shin Shin Natural Gas Co Ltd from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Shin Shin Natural Gas Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$3.31 Billion ≈ $104.38 Million	NT$421.75 Million ≈ $13.29 Million	0.127x	-29.65%
2024-12-31	NT$3.31 Billion ≈ $104.21 Million	NT$598.54 Million ≈ $18.86 Million	0.181x	+14.84%
2023-12-31	NT$3.17 Billion ≈ $99.75 Million	NT$498.88 Million ≈ $15.72 Million	0.158x	-17.77%
2022-12-31	NT$2.99 Billion ≈ $94.10 Million	NT$572.30 Million ≈ $18.03 Million	0.192x	+19.10%
2021-12-31	NT$3.13 Billion ≈ $98.72 Million	NT$504.09 Million ≈ $15.88 Million	0.161x	-23.89%
2020-12-31	NT$3.07 Billion ≈ $96.83 Million	NT$649.70 Million ≈ $20.47 Million	0.211x	+72.38%
2019-12-31	NT$2.99 Billion ≈ $94.07 Million	NT$366.16 Million ≈ $11.54 Million	0.123x	-43.30%
2018-12-31	NT$2.91 Billion ≈ $91.72 Million	NT$629.67 Million ≈ $19.84 Million	0.216x	-29.98%
2017-12-31	NT$2.89 Billion ≈ $91.19 Million	NT$894.07 Million ≈ $28.17 Million	0.309x	+162.15%
2016-12-31	NT$2.85 Billion ≈ $89.72 Million	NT$335.56 Million ≈ $10.57 Million	0.118x	-12.07%
2015-12-31	NT$2.84 Billion ≈ $89.34 Million	NT$379.97 Million ≈ $11.97 Million	0.134x	+13.89%
2014-12-31	NT$2.83 Billion ≈ $89.08 Million	NT$332.67 Million ≈ $10.48 Million	0.118x	+18.37%
2013-12-31	NT$2.85 Billion ≈ $89.78 Million	NT$283.26 Million ≈ $8.92 Million	0.099x	+92.58%
2012-12-31	NT$2.83 Billion ≈ $89.20 Million	NT$146.14 Million ≈ $4.60 Million	0.052x	-72.38%
2011-12-31	NT$2.80 Billion ≈ $88.37 Million	NT$524.15 Million ≈ $16.51 Million	0.187x	+146.94%
2010-12-31	NT$2.66 Billion ≈ $83.73 Million	NT$201.11 Million ≈ $6.34 Million	0.076x	-54.40%
2009-12-31	NT$2.47 Billion ≈ $77.72 Million	NT$409.40 Million ≈ $12.90 Million	0.166x	+12.96%
2008-12-31	NT$2.30 Billion ≈ $72.44 Million	NT$337.78 Million ≈ $10.64 Million	0.147x	-21.86%
2007-12-31	NT$2.37 Billion ≈ $74.55 Million	NT$444.92 Million ≈ $14.02 Million	0.188x	+1325.12%
2006-12-31	NT$2.34 Billion ≈ $73.58 Million	NT$30.81 Million ≈ $970.72K	0.013x	-94.44%
2005-12-31	NT$2.15 Billion ≈ $67.72 Million	NT$509.82 Million ≈ $16.06 Million	0.237x	+31.70%
2004-12-31	NT$2.13 Billion ≈ $67.08 Million	NT$383.50 Million ≈ $12.08 Million	0.180x	-5.81%
2003-12-31	NT$2.11 Billion ≈ $66.35 Million	NT$402.74 Million ≈ $12.69 Million	0.191x	+117.52%
2002-12-31	NT$2.06 Billion ≈ $65.04 Million	NT$181.49 Million ≈ $5.72 Million	0.088x	--

About Shin Shin Natural Gas Co Ltd

TW:9918 Taiwan Utilities - Regulated Gas

Market Cap

$243.12 Million

NT$7.72 Billion TWD

Market Cap Rank

#15768 Global

#748 in Taiwan

Share Price

NT$43.35

Change (1 day)

-0.46%

52-Week Range

NT$39.15 - NT$61.30

All Time High

NT$61.30