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.
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. Read 9926 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
EuroHold Bulgaria AD
WAR:EHG
|
0.332x |
|
Grindrod Shipping Holdings Ltd
NASDAQ:GRIN
|
0.127x |
|
Kendrion NV
AS:KENDR
|
0.085x |
|
Tigaraksa Satria Tbk
JK:TGKA
|
0.129x |
|
Agung Podomoro Land Tbk
JK:APLN
|
-0.004x |
|
Siyaram Silk Mills Limited
NSE:SIYSIL
|
-0.038x |
|
Erdene Resource Development Corp
TO:ERD
|
-0.018x |
|
Chia Hsin Cement Corp
TW:1103
|
0.008x |
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
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.