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

Latest as of September 2025: 0.026x

Based on the latest financial reports, Shin Shin Natural Gas Co Ltd (9918) has a cash flow conversion efficiency ratio of 0.026x as of September 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$85.41 Million ≈ $2.69 Million USD) by net assets (NT$3.25 Billion ≈ $102.55 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Shin Shin Natural Gas Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Shin Shin Natural Gas Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 9918 liabilities breakdown for a breakdown of total debt and financial obligations.

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
Santhera Pharmaceuticals Holding AG SW:SANN	8.037x
Bicycle Therapeutics Ltd NASDAQ:BCYC	-0.115x
Falcon Oil & Gas Ltd. V:FO	-0.012x
Sangsin Energy Display Precision Co.Ltd KQ:091580	0.034x
Fifth Era Acquisition Corp I Class A Ordinary Shares NASDAQ:FERA	-0.001x
Launch Two Acquisition Corp. Class A Ordinary Shares NASDAQ:LPBB	-0.001x
Martifer SGPS S.A LS:MAR	0.099x
Genfit S.A. NASDAQ:GNFT	-0.574x

Annual Cash Flow Conversion Efficiency for Shin Shin Natural Gas Co Ltd (2002–2024)

The table below shows the annual cash flow conversion efficiency of Shin Shin Natural Gas Co Ltd from 2002 to 2024. 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
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

$244.52 Million

NT$7.76 Billion TWD

Market Cap Rank

#15804 Global

#726 in Taiwan

Share Price

NT$43.60

Change (1 day)

+1.16%

52-Week Range

NT$39.15 - NT$61.30

All Time High

NT$61.30