Shinhsiung Natural Gas (8908) — Cash Flow Quality Index

Latest as of December 2025: 0.74x

Shinhsiung Natural Gas (8908) has a Cash Flow Quality Index of 0.74x as of December 2025. Operating cash flow of NT$142.03 Million is below net income of NT$192.78 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Shinhsiung Natural Gas to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.74x
Operating CF / Net Income

Operating Cash Flow

NT$142.03 Million
TWD

Net Income

NT$192.78 Million
TWD

Data as of

Dec 2025
Most recent filing

Shinhsiung Natural Gas Cash Flow Quality Index (2017–2025)

Historical Cash Flow Quality Index for Shinhsiung Natural Gas across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 8908 cash flow metrics.

Annual Cash Flow Quality Index for Shinhsiung Natural Gas (2017–2025)

Year-by-year earnings quality comparison for Shinhsiung Natural Gas.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2025 0.88x NT$595.29 Million NT$679.15 Million ▼ -34.4%
2024 1.34x NT$765.75 Million NT$573.37 Million ▲ +5.3%
2023 1.27x NT$828.02 Million NT$652.72 Million ▲ +130.7%
2022 0.55x NT$363.79 Million NT$661.48 Million ▼ -52.4%
2021 1.16x NT$702.07 Million NT$607.25 Million ▲ +72.7%
2020 0.67x NT$320.37 Million NT$478.55 Million ▼ -67.4%
2019 2.05x NT$824.40 Million NT$401.79 Million ▼ -1.3%
2018 2.08x NT$683.03 Million NT$328.66 Million ▲ +12.7%
2017 1.84x NT$495.23 Million NT$268.45 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.