Shin Shin Natural Gas Co Ltd
Shin Shin Natural Gas Company Limited engages in the transmission of combustible natural gas by pipeline for non-industrial fuel supply in Taiwan. The company involved in installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. It also manufactures, sells, imports, and exports gas equipment; and plans and supervises gas equipment and constructio… Read more
Shin Shin Natural Gas Co Ltd (9918) - Total Assets
Latest total assets as of September 2025: NT$5.78 Billion TWD
Based on the latest financial reports, Shin Shin Natural Gas Co Ltd (9918) holds total assets worth NT$5.78 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.
Shin Shin Natural Gas Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Shin Shin Natural Gas Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shin Shin Natural Gas Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shin Shin Natural Gas Co Ltd's total assets of NT$5.78 Billion consist of 38.2% current assets and 61.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.9% |
| Accounts Receivable | NT$208.14 Million | 3.5% |
| Inventory | NT$67.61 Million | 1.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$35.00K | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Shin Shin Natural Gas Co Ltd'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: Shin Shin Natural Gas Co Ltd's current assets represent 38.2% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, up from 6.5% 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 3.5% of total assets.
Shin Shin Natural Gas Co Ltd Competitors by Total Assets
Key competitors of Shin Shin Natural Gas Co Ltd 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 |
Shin Shin Natural Gas Co Ltd - 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
Lower asset utilization - Shin Shin Natural Gas Co Ltd generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Shin Shin Natural Gas Co Ltd generates $6.65 in net profit.
Shin Shin Natural Gas Co Ltd - 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 | 2.04 | 1.94 | 2.55 |
| Quick Ratio | 1.95 | 1.90 | 2.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.03 Billion | NT$ 1.06 Billion | NT$ 1.44 Billion |
Shin Shin Natural Gas Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shin Shin Natural Gas Co Ltd'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 | 2.19 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | NT$5.97 Billion |
| Market Capitalization | $101.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shin Shin Natural Gas Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shin Shin Natural Gas Co Ltd's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shin Shin Natural Gas Co Ltd (2002–2024)
The table below shows the annual total assets of Shin Shin Natural Gas Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.97 Billion | +3.89% |
| 2023-12-31 | NT$5.75 Billion | +7.91% |
| 2022-12-31 | NT$5.33 Billion | -0.13% |
| 2021-12-31 | NT$5.33 Billion | +2.58% |
| 2020-12-31 | NT$5.20 Billion | +3.21% |
| 2019-12-31 | NT$5.04 Billion | +6.27% |
| 2018-12-31 | NT$4.74 Billion | +3.81% |
| 2017-12-31 | NT$4.57 Billion | +5.29% |
| 2016-12-31 | NT$4.34 Billion | +4.63% |
| 2015-12-31 | NT$4.15 Billion | +3.48% |
| 2014-12-31 | NT$4.01 Billion | +0.70% |
| 2013-12-31 | NT$3.98 Billion | +5.12% |
| 2012-12-31 | NT$3.78 Billion | +2.64% |
| 2011-12-31 | NT$3.69 Billion | +7.44% |
| 2010-12-31 | NT$3.43 Billion | +6.92% |
| 2009-12-31 | NT$3.21 Billion | +3.95% |
| 2008-12-31 | NT$3.09 Billion | -2.47% |
| 2007-12-31 | NT$3.17 Billion | +2.00% |
| 2006-12-31 | NT$3.10 Billion | -2.43% |
| 2005-12-31 | NT$3.18 Billion | +4.74% |
| 2004-12-31 | NT$3.04 Billion | +1.78% |
| 2003-12-31 | NT$2.98 Billion | +3.66% |
| 2002-12-31 | NT$2.88 Billion | -- |