Shinhsiung Natural Gas
ShinHsiung Natural Gas Inc. supplies natural gas in Taiwan. The company operates through three segments: Gas Sale Department, Installation Department, and Solar Electricity Sale Department. It engages in the gas transmission conduits and equipment business; sale of electricity generated by solar energy; equity holding activities; buying, selling, and renting of real estate; solar energy optoelect… Read more
Shinhsiung Natural Gas (8908) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.015x
Based on the latest financial reports, Shinhsiung Natural Gas (8908) has a cash flow conversion efficiency ratio of -0.015x 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$-64.69 Million) by net assets (NT$4.40 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shinhsiung Natural Gas - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Shinhsiung Natural Gas's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shinhsiung Natural Gas Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shinhsiung Natural Gas ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lini Imaji Kreasi Ekosistem
JK:FUTR
|
-0.076x |
|
Hexindo Adiperkasa Tbk
JK:HEXA
|
0.038x |
|
Kent Industrial Co. Ltd.
TW:6606
|
0.045x |
|
USU SOFTWARE
HM:OSP2
|
0.195x |
|
Excel Cell Electronic Co Ltd
TW:2483
|
-0.020x |
|
NAU IB Capital
KQ:293580
|
-0.026x |
|
Urja Global Limited
NSE:URJA
|
-0.086x |
|
Atturra Ltd
AU:ATA
|
0.054x |
Annual Cash Flow Conversion Efficiency for Shinhsiung Natural Gas (2017–2024)
The table below shows the annual cash flow conversion efficiency of Shinhsiung Natural Gas from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$4.31 Billion | NT$765.75 Million | 0.178x | -15.96% |
| 2023-12-31 | NT$3.92 Billion | NT$828.02 Million | 0.211x | +108.58% |
| 2022-12-31 | NT$3.59 Billion | NT$363.79 Million | 0.101x | -54.80% |
| 2021-12-31 | NT$3.13 Billion | NT$702.07 Million | 0.224x | +91.23% |
| 2020-12-31 | NT$2.73 Billion | NT$320.37 Million | 0.117x | -64.76% |
| 2019-12-31 | NT$2.48 Billion | NT$824.40 Million | 0.333x | +8.35% |
| 2018-12-31 | NT$2.23 Billion | NT$683.03 Million | 0.307x | +25.06% |
| 2017-12-31 | NT$2.02 Billion | NT$495.23 Million | 0.245x | -- |