Shin Hai Gas Corp (9926) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shin Hai Gas Corp (9926) has a cash flow conversion efficiency ratio of 0.073x 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$305.19 Million ≈ $9.62 Million USD) by net assets (NT$4.18 Billion ≈ $131.56 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 leveraged is Shin Hai Gas Corp's balance sheet to measure how much of total assets are equity-financed.
Shin Hai Gas Corp - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Shin Hai Gas Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 9926 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Shin Hai Gas Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shin Hai Gas Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xuancheng Valin Precision Technology Co Ltd
SHG:603356
|
0.112x |
|
Nuveen Core Plus Impact Fund
NYSE:NPCT
|
N/A |
|
Empresas Tricot S.A
SN:TRICOT
|
0.098x |
|
Compagnie d Entreprises CFE SA
BR:CFEB
|
0.362x |
|
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203
|
N/A |
|
Stove Kraft Limited
NSE:STOVEKRAFT
|
0.052x |
|
Fluxys Belgium
BR:FLUX
|
0.140x |
|
Newegg Commerce Inc
NASDAQ:NEGG
|
-0.155x |
Annual Cash Flow Conversion Efficiency for Shin Hai Gas Corp (2002–2024)
The table below shows the annual cash flow conversion efficiency of Shin Hai Gas Corp from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see 9926 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$4.11 Billion ≈ $129.62 Million |
NT$914.52 Million ≈ $28.81 Million |
0.222x | -14.41% |
| 2023-12-31 | NT$3.90 Billion ≈ $122.95 Million |
NT$1.01 Billion ≈ $31.93 Million |
0.260x | -4.61% |
| 2022-12-31 | NT$3.53 Billion ≈ $111.26 Million |
NT$961.50 Million ≈ $30.29 Million |
0.272x | +10.92% |
| 2021-12-31 | NT$3.60 Billion ≈ $113.35 Million |
NT$883.07 Million ≈ $27.82 Million |
0.245x | -26.31% |
| 2020-12-31 | NT$3.28 Billion ≈ $103.36 Million |
NT$1.09 Billion ≈ $34.42 Million |
0.333x | +19.71% |
| 2019-12-31 | NT$3.09 Billion ≈ $97.20 Million |
NT$858.39 Million ≈ $27.04 Million |
0.278x | +4.25% |
| 2018-12-31 | NT$2.93 Billion ≈ $92.40 Million |
NT$782.70 Million ≈ $24.66 Million |
0.267x | +1.44% |
| 2017-12-31 | NT$2.89 Billion ≈ $90.98 Million |
NT$759.79 Million ≈ $23.94 Million |
0.263x | +4.49% |
| 2016-12-31 | NT$2.79 Billion ≈ $87.79 Million |
NT$701.58 Million ≈ $22.10 Million |
0.252x | +2.77% |
| 2015-12-31 | NT$2.72 Billion ≈ $85.62 Million |
NT$665.79 Million ≈ $20.98 Million |
0.245x | -26.50% |
| 2014-12-31 | NT$2.60 Billion ≈ $82.06 Million |
NT$868.16 Million ≈ $27.35 Million |
0.333x | +47.25% |
| 2013-12-31 | NT$2.54 Billion ≈ $79.99 Million |
NT$574.67 Million ≈ $18.11 Million |
0.226x | +25.97% |
| 2012-12-31 | NT$2.49 Billion ≈ $78.44 Million |
NT$447.38 Million ≈ $14.09 Million |
0.180x | +27.96% |
| 2011-12-31 | NT$2.33 Billion ≈ $73.28 Million |
NT$326.61 Million ≈ $10.29 Million |
0.140x | -27.52% |
| 2010-12-31 | NT$2.25 Billion ≈ $70.84 Million |
NT$435.63 Million ≈ $13.72 Million |
0.194x | +19.04% |
| 2009-12-31 | NT$2.05 Billion ≈ $64.66 Million |
NT$334.03 Million ≈ $10.52 Million |
0.163x | +11.98% |
| 2008-12-31 | NT$1.84 Billion ≈ $57.82 Million |
NT$266.76 Million ≈ $8.40 Million |
0.145x | -21.80% |
| 2007-12-31 | NT$1.74 Billion ≈ $54.82 Million |
NT$323.43 Million ≈ $10.19 Million |
0.186x | -1.89% |
| 2006-12-31 | NT$1.65 Billion ≈ $52.08 Million |
NT$313.21 Million ≈ $9.87 Million |
0.189x | +15.04% |
| 2005-12-31 | NT$1.57 Billion ≈ $49.50 Million |
NT$258.75 Million ≈ $8.15 Million |
0.165x | +31.45% |
| 2004-12-31 | NT$1.56 Billion ≈ $49.17 Million |
NT$195.53 Million ≈ $6.16 Million |
0.125x | -1.42% |
| 2003-12-31 | NT$1.51 Billion ≈ $47.62 Million |
NT$192.11 Million ≈ $6.05 Million |
0.127x | -62.08% |
| 2002-12-31 | NT$1.48 Billion ≈ $46.57 Million |
NT$495.44 Million ≈ $15.61 Million |
0.335x | -- |
About Shin Hai Gas Corp
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.