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. Also see market value of Shin Shin Natural Gas Co Ltd for the company's overall valuation and market capitalisation.

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. Explore earnings quality score of Shin Shin Natural Gas Co Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
TBS Energi Utama Tbk PT JK:TOBA	0.173x
DingZing Advanced Materials Inc. TW:6585	0.008x
Entrada Therapeutics Inc NASDAQ:TRDA	-0.139x
Xingda International Holdings Limited F:XDH	0.075x
Dynamic Cables Limited NSE:DYCL	0.011x
Forcecon Technology Co Ltd TWO:3483	0.030x
Innoprise Plantations Bhd KLSE:6262	0.075x
Mosel Vitelic Inc TW:2342	-0.011x

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. View 9918 live share price for real-time trading data and today's change.

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

$239.47 Million

NT$7.60 Billion TWD

Market Cap Rank

#15954 Global

#731 in Taiwan

Share Price

NT$42.70

Change (1 day)

+0.00%

52-Week Range

NT$39.15 - NT$61.30

All Time High

NT$61.30