Great Taipei Gas Corp

TW:9908 Taiwan Utilities - Regulated Gas
Market Cap
$454.15 Million
NT$15.03 Billion TWD
Market Cap Rank
#13167 Global
#416 in Taiwan
Share Price
NT$30.00
Change (1 day)
-0.50%
52-Week Range
NT$29.70 - NT$34.50
All Time High
NT$34.50
About

The Great Taipei Gas Corporation, together with its subsidiaries, supplies natural gas in Taiwan. The company also manufactures, markets, and supplies gas and related equipment, such as gauges and meters. In addition, it provides water return machines, hot water boilers, range hoods, gas stove, and gas clothes dryers; and telecommunication network and office building rental services. Further, the… Read more

Great Taipei Gas Corp (9908) - Total Assets

Latest total assets as of September 2025: NT$20.76 Billion TWD

Based on the latest financial reports, Great Taipei Gas Corp (9908) holds total assets worth NT$20.76 Billion TWD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Great Taipei Gas Corp - Total Assets Trend (2002–2024)

This chart illustrates how Great Taipei Gas Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Great Taipei Gas Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Great Taipei Gas Corp's total assets of NT$20.76 Billion consist of 35.6% current assets and 64.4% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 14.1%
Accounts Receivable NT$373.27 Million 1.8%
Inventory NT$158.87 Million 0.8%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$2.06 Million 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how Great Taipei Gas Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Great Taipei Gas Corp's current assets represent 35.6% of total assets in 2024, an increase from 0.0% in 2002.
  • Cash Position: Cash and equivalents constituted 14.1% of total assets in 2024, up from 1.7% in 2002.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
  • Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.

Great Taipei Gas Corp Competitors by Total Assets

Key competitors of Great Taipei Gas Corp based on total assets are shown below.

Company Country Total Assets
Delong Composite Energy Group Co Ltd
SHE:000593
China CN¥1.92 Billion
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
China CN¥1.61 Billion
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
China CN¥1.58 Billion
Foran Energy Group Co Ltd
SHE:002911
China CN¥21.05 Billion
Samchully
KO:004690
Korea ₩4.23 Trillion
Taekyung Chem
KO:006890
Korea ₩222.46 Billion
Kyungdong Gas
KO:012320
Korea ₩598.73 Billion
Yesco Holdings Co. Ltd
KO:015360
Korea ₩1.34 Trillion

Great Taipei Gas Corp - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.16 - 0.28

Lower asset utilization - Great Taipei Gas Corp generates 0.16x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.96% - 5.76%

Moderate ROA - For every $100 in assets, Great Taipei Gas Corp generates $ 4.16 in net profit.

Great Taipei Gas Corp - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 3.31 3.48 3.11
Quick Ratio 3.24 3.40 3.02
Cash Ratio 0.00 0.00 0.00
Working Capital NT$5.35 Billion NT$ 5.10 Billion NT$ 4.12 Billion

Great Taipei Gas Corp - Advanced Valuation Insights

This section examines the relationship between Great Taipei Gas Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.09
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 2.1%
Total Assets NT$20.58 Billion
Market Capitalization $282.07 Million USD

Valuation Analysis

Below Book Valuation: The market values Great Taipei Gas Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Great Taipei Gas Corp's assets grew by 2.1% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Great Taipei Gas Corp (2002–2024)

The table below shows the annual total assets of Great Taipei Gas Corp from 2002 to 2024.

Year Total Assets Change
2024-12-31 NT$20.58 Billion +2.14%
2023-12-31 NT$20.14 Billion +6.52%
2022-12-31 NT$18.91 Billion +2.01%
2021-12-31 NT$18.54 Billion +5.24%
2020-12-31 NT$17.62 Billion +3.24%
2019-12-31 NT$17.06 Billion +2.23%
2018-12-31 NT$16.69 Billion +3.96%
2017-12-31 NT$16.05 Billion +3.52%
2016-12-31 NT$15.51 Billion +5.34%
2015-12-31 NT$14.72 Billion +1.35%
2014-12-31 NT$14.53 Billion +4.10%
2013-12-31 NT$13.95 Billion +11.22%
2012-12-31 NT$12.54 Billion +1.45%
2011-12-31 NT$12.37 Billion -0.42%
2010-12-31 NT$12.42 Billion +4.31%
2009-12-31 NT$11.90 Billion +3.12%
2008-12-31 NT$11.54 Billion -2.26%
2007-12-31 NT$11.81 Billion -3.21%
2006-12-31 NT$12.20 Billion +1.40%
2005-12-31 NT$12.04 Billion -2.81%
2004-12-31 NT$12.38 Billion +8.12%
2003-12-31 NT$11.45 Billion +5.43%
2002-12-31 NT$10.86 Billion --