Hsin Kao Gas Co Ltd (9931) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.046x

Based on the latest financial reports, Hsin Kao Gas Co Ltd (9931) has a cash flow conversion efficiency ratio of 0.046x 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$157.50 Million ≈ $4.96 Million USD) by net assets (NT$3.43 Billion ≈ $108.07 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 9931 net asset quality score to measure how much of total assets are equity-financed.

Hsin Kao Gas Co Ltd - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Hsin Kao Gas Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Hsin Kao Gas Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Hsin Kao Gas Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hsin Kao Gas Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Alicanto Minerals Ltd AU:AQI	-0.078x
Grigeo AB STU:WM8	0.060x
UBM Development AG VI:UBS	0.009x
Phu Tai JSC VN:PTB	-0.037x
Alpha Technology Group Limited Ordinary Shares NASDAQ:ATGL	-0.326x
Hanpin Electron Co Ltd TW:2488	0.000x
Acres Commercial Realty Corp NYSE:ACR	-0.022x
Greystone Housing Impact Investors LP NYSE:GHI	0.023x

Annual Cash Flow Conversion Efficiency for Hsin Kao Gas Co Ltd (2003–2025)

The table below shows the annual cash flow conversion efficiency of Hsin Kao Gas Co Ltd from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Hsin Kao Gas Co Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$3.43 Billion ≈ $108.07 Million	NT$682.89 Million ≈ $21.51 Million	0.199x	-35.52%
2024-12-31	NT$3.12 Billion ≈ $98.26 Million	NT$962.92 Million ≈ $30.34 Million	0.309x	+158.72%
2023-12-31	NT$2.69 Billion ≈ $84.70 Million	NT$320.81 Million ≈ $10.11 Million	0.119x	-15.60%
2022-12-31	NT$2.40 Billion ≈ $75.57 Million	NT$339.15 Million ≈ $10.69 Million	0.141x	-3.91%
2021-12-31	NT$2.46 Billion ≈ $77.46 Million	NT$361.78 Million ≈ $11.40 Million	0.147x	-29.32%
2020-12-31	NT$2.23 Billion ≈ $70.14 Million	NT$463.44 Million ≈ $14.60 Million	0.208x	-4.56%
2019-12-31	NT$2.07 Billion ≈ $65.17 Million	NT$451.23 Million ≈ $14.22 Million	0.218x	-36.12%
2018-12-31	NT$1.92 Billion ≈ $60.53 Million	NT$656.06 Million ≈ $20.67 Million	0.341x	+82.16%
2017-12-31	NT$1.80 Billion ≈ $56.70 Million	NT$337.38 Million ≈ $10.63 Million	0.187x	+2.16%
2016-12-31	NT$1.71 Billion ≈ $53.83 Million	NT$313.54 Million ≈ $9.88 Million	0.184x	-16.35%
2015-12-31	NT$1.70 Billion ≈ $53.51 Million	NT$372.55 Million ≈ $11.74 Million	0.219x	-10.99%
2014-12-31	NT$1.62 Billion ≈ $51.04 Million	NT$399.21 Million ≈ $12.58 Million	0.246x	-26.16%
2013-12-31	NT$1.52 Billion ≈ $47.86 Million	NT$506.92 Million ≈ $15.97 Million	0.334x	+113.49%
2012-12-31	NT$1.43 Billion ≈ $45.17 Million	NT$224.10 Million ≈ $7.06 Million	0.156x	-30.30%
2011-12-31	NT$1.23 Billion ≈ $38.72 Million	NT$275.66 Million ≈ $8.68 Million	0.224x	+34.24%
2010-12-31	NT$1.35 Billion ≈ $42.45 Million	NT$225.12 Million ≈ $7.09 Million	0.167x	-6.85%
2009-12-31	NT$1.27 Billion ≈ $40.11 Million	NT$228.34 Million ≈ $7.19 Million	0.179x	+4.56%
2008-12-31	NT$1.13 Billion ≈ $35.65 Million	NT$194.10 Million ≈ $6.12 Million	0.172x	-13.14%
2007-12-31	NT$1.25 Billion ≈ $39.47 Million	NT$247.42 Million ≈ $7.79 Million	0.197x	+466.80%
2006-12-31	NT$1.26 Billion ≈ $39.65 Million	NT$43.85 Million ≈ $1.38 Million	0.035x	-84.79%
2005-12-31	NT$1.22 Billion ≈ $38.38 Million	NT$279.02 Million ≈ $8.79 Million	0.229x	+47.29%
2004-12-31	NT$1.20 Billion ≈ $37.74 Million	NT$186.31 Million ≈ $5.87 Million	0.156x	-13.47%
2003-12-31	NT$1.17 Billion ≈ $36.94 Million	NT$210.77 Million ≈ $6.64 Million	0.180x	--

About Hsin Kao Gas Co Ltd

TW:9931 Taiwan Utilities - Regulated Gas

Market Cap

$127.61 Million

NT$4.05 Billion TWD

Market Cap Rank

#18212 Global

#954 in Taiwan

Share Price

NT$33.65

Change (1 day)

+0.15%

52-Week Range

NT$33.00 - NT$51.30

All Time High

NT$51.30