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 Shin Shin Natural Gas Co Ltd (9918) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check earnings quality score of Shin Shin Natural Gas Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Lewis Group Limited JSE:LEW	0.124x
Teixeira Duarte LS:TDSA	0.035x
Senao Networks TWO:3558	0.049x
Titan Mining Corp TO:TI	1.432x
Caswell Inc TW:6416	-0.038x
ADAGENE INC. SP.ADR F:978	N/A
HPL Electric & Power Limited NSE:HPL	0.115x
Coincheck Group N.V. Ordinary Shares NASDAQ:CNCK	0.138x

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 Shin Shin Natural Gas Co Ltd (9918) market capitalisation.

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

$238.07 Million

NT$7.56 Billion TWD

Market Cap Rank

#15896 Global

#732 in Taiwan

Share Price

NT$42.45

Change (1 day)

-0.35%

52-Week Range

NT$39.15 - NT$61.30

All Time High

NT$61.30