Shinhsiung Natural Gas (8908) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shinhsiung Natural Gas (8908) has a cash flow conversion efficiency ratio of 0.031x 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$142.03 Million ≈ $4.47 Million USD) by net assets (NT$4.55 Billion ≈ $143.47 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 8908 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Shinhsiung Natural Gas - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Shinhsiung Natural Gas's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Pacific Biosciences of California
NASDAQ:PACB
|
-18.889x |
|
Nanjing Julong Science & Technology Co Ltd Class A
SHE:300644
|
0.026x |
|
Jiangsu Lidao New Material Co Ltd Class A
SHG:603937
|
0.018x |
|
Changchai Co Ltd
SHE:000570
|
-0.037x |
|
CREOTECH INS.S.A. ZY -10
F:5OB
|
0.152x |
|
Bahnhof AB Series B
ST:BAHN-B
|
0.072x |
|
KKR Real Estate Finance Trust Inc
NYSE:KREF
|
0.011x |
|
Syncmold Enterprise Corp
TW:1582
|
0.036x |
Annual Cash Flow Conversion Efficiency for Shinhsiung Natural Gas (2017–2025)
The table below shows the annual cash flow conversion efficiency of Shinhsiung Natural Gas from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see 8908 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | NT$4.55 Billion ≈ $143.47 Million |
NT$595.29 Million ≈ $18.75 Million |
0.131x | -26.37% |
| 2024-12-31 | NT$4.31 Billion ≈ $135.88 Million |
NT$765.75 Million ≈ $24.13 Million |
0.178x | -15.96% |
| 2023-12-31 | NT$3.92 Billion ≈ $123.48 Million |
NT$828.02 Million ≈ $26.09 Million |
0.211x | +108.58% |
| 2022-12-31 | NT$3.59 Billion ≈ $113.15 Million |
NT$363.79 Million ≈ $11.46 Million |
0.101x | -54.80% |
| 2021-12-31 | NT$3.13 Billion ≈ $98.70 Million |
NT$702.07 Million ≈ $22.12 Million |
0.224x | +91.23% |
| 2020-12-31 | NT$2.73 Billion ≈ $86.13 Million |
NT$320.37 Million ≈ $10.09 Million |
0.117x | -64.76% |
| 2019-12-31 | NT$2.48 Billion ≈ $78.11 Million |
NT$824.40 Million ≈ $25.97 Million |
0.333x | +8.35% |
| 2018-12-31 | NT$2.23 Billion ≈ $70.12 Million |
NT$683.03 Million ≈ $21.52 Million |
0.307x | +25.06% |
| 2017-12-31 | NT$2.02 Billion ≈ $63.57 Million |
NT$495.23 Million ≈ $15.60 Million |
0.245x | -- |
About 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