Hsin Kao Gas Co Ltd (9931) - Cash Flow Conversion Efficiency
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 Hsin Kao Gas Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS
IS:GOLTS
|
0.042x |
|
Ratnaveer Precision Engineering Ltd
NSE:RATNAVEER
|
-0.005x |
|
Source Energy Services Ltd
TO:SHLE
|
0.166x |
|
Blaize Holdings, Inc.
NASDAQ:BZAI
|
-19.079x |
|
Carnarvon Energy Ltd
AU:CVN
|
0.000x |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
-0.095x |
|
P2 Gold Inc
V:PGLD
|
-0.511x |
|
Clal Industries and Beverages Ltd
TA:CLBV
|
-0.001x |
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 Hsin Kao Gas Co Ltd market capitalisation.
| 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
Hsin Kao Gas Co.,Ltd. engages in the installation of natural gas for supplying domestic and commercial fuels and related pipelines in Taiwan. It is involved in the residential building development, sale, and leasing, as well as international trade businesses. The company was founded in 1983 and is based in Kaohsiung, Taiwan.