Shin Hai Gas Corp Cash Flow Conversion Efficiency

Latest as of September 2025: 0.073x

Shin Hai Gas Corp 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.

Cash Flow Conversion Efficiency of Shin Hai Gas Corp (2002–2024)

Cash flow conversion efficiency of Shin Hai Gas Corp from 2002 to 2024. This chart illustrates how Shin Hai Gas Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 9926 share price today for real-time trading data and today's change.

Shin Hai Gas Corp Cash Flow Conversion Ratio Explained

Shin Hai Gas Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see 9926 stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Coltene Holding AG SW:CLTN	0.081x
NI Holdings Inc NASDAQ:NODK	-0.184x
First Community Corporation NASDAQ:FCCO	0.057x
Wistron Information Technology & Services TWO:4953	-0.126x
Egis Technology TWO:6462	0.002x
OVB Holding AG XETRA:O4B	0.033x
Shandong Sinoglory Health SHG:603182	N/A
Blue Foundry Bancorp NASDAQ:BLFY	-0.001x

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. Review Shin Hai Gas Corp free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$275.13 Million

NT$8.73 Billion TWD

Market Cap Rank

#14941 Global

#651 in Taiwan

Share Price

NT$48.65

Change (1 day)

-1.82%

52-Week Range

NT$48.55 - NT$57.20

All Time High

NT$57.20