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 0.051x as of June 2026. 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$211.23 Million ≈ $6.65 Million USD) by net assets (NT$4.14 Billion ≈ $130.49 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shinhsiung Natural Gas market capitalisation for the company's overall valuation and market capitalisation.
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. Explore 8908 operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinjiang Tianrun Dairy Co Ltd
SHG:600419
|
0.071x |
|
TRX Gold Corporation
TO:TRX
|
0.079x |
|
Citizens Financial Services Inc. Common Stock
NASDAQ:CZFS
|
0.000x |
|
Y mAbs Therapeutics
NASDAQ:YMAB
|
0.019x |
|
Shandong Yabo Technology Co Ltd
SHE:002323
|
-0.007x |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
-0.004x |
|
Duni AB
ST:DUNI
|
-0.029x |
|
Jiangyin Pivot Automotive Products Co. Ltd.
SHE:301181
|
0.011x |
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. View Shinhsiung Natural Gas (8908) share price today for real-time trading data and today's change.
| 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