Shin Hai Gas Corp (9926) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.073x

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 Shin Hai Gas Corp (9926) liquidity interval to measure how many days the company can operate on defensive assets alone.

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.

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
Samudera Indonesia Tbk JK:SMDR	-0.044x
Brainchip Holdings Ltd AU:BRN	-0.273x
Agilyx AS OL:AGLX	-0.077x
Keysino Separation Technology Inc SHE:300899	0.007x
Dah San Electric Wire & Cable Co Ltd TW:1615	0.047x
Trailblazer Acquisition Corp. Class A Ordinary Shares NASDAQ:BLZR	0.000x
Zhejiang Shapuaisi Pharmaceutical Co Ltd SHG:603168	0.005x
Shandong Huapeng Glass Co Ltd SHG:603021	0.035x

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 stock market capitalisation.

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

TW:9926 Taiwan Utilities - Regulated Gas

Market Cap

$278.24 Million

NT$8.83 Billion TWD

Market Cap Rank

#15291 Global

#691 in Taiwan

Share Price

NT$49.20

Change (1 day)

-1.01%

52-Week Range

NT$48.85 - NT$57.20

All Time High

NT$57.20