Shin Shin Natural Gas Co Ltd (9918) - Total Assets
Based on the latest financial reports, Shin Shin Natural Gas Co Ltd (9918) holds total assets worth NT$5.86 Billion TWD (≈ $184.74 Million USD) as of December 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. Check cash flow reinvestment rate of Shin Shin Natural Gas Co Ltd to assess the company's total reinvestment commitment from operating cash flow.
Shin Shin Natural Gas Co Ltd - Total Assets Trend (2002–2025)
This chart illustrates how Shin Shin Natural Gas Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 9918 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Shin Shin Natural Gas Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Shin Shin Natural Gas Co Ltd's total assets of NT$5.86 Billion consist of 34.8% current assets and 65.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 10.4% |
| Accounts Receivable | NT$176.54 Million | 3.0% |
| Inventory | NT$81.33 Million | 1.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$80.00K | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2025)
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. For live market cap, price, and company overview, see 9918 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shin Shin Natural Gas Co Ltd's current assets represent 34.8% of total assets in 2025, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2025, 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 3.0% 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 |
|---|---|---|
|
Spire Inc
NYSE:SR
|
USA | $14.67 Billion |
|
Bestsun Energy Co Ltd
SHG:600681
|
China | CN¥7.85 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.39 Trillion |
|
Xinjiang East Universe Group Gas Co Ltd
SHG:603706
|
China | CN¥2.59 Billion |
|
Seoul City Gas
KO:017390
|
Korea | ₩1.55 Trillion |
|
Cavendish Hydrogen ASA
OL:CAVEN
|
Norway | Nkr67.10 Million |
|
APA Group
AU:APA
|
Australia | AU$19.16 Billion |
|
Equus Energy Ltd
AU:EQU
|
Australia | AU$17.27 Million |
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 | 1.98 | 1.93 | 2.91 |
| Quick Ratio | 1.90 | 1.87 | 2.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.01 Billion | NT$1.10 Billion | NT$1.62 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 | 2.30 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | NT$5.86 Billion |
| Market Capitalization | $244.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shin Shin Natural Gas Co Ltd's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shin Shin Natural Gas Co Ltd's assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shin Shin Natural Gas Co Ltd (2002–2025)
The table below shows the annual total assets of Shin Shin Natural Gas Co Ltd from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.86 Billion ≈ $184.74 Million |
-1.84% |
| 2024-12-31 | NT$5.97 Billion ≈ $188.20 Million |
+3.89% |
| 2023-12-31 | NT$5.75 Billion ≈ $181.14 Million |
+7.91% |
| 2022-12-31 | NT$5.33 Billion ≈ $167.86 Million |
-0.13% |
| 2021-12-31 | NT$5.33 Billion ≈ $168.07 Million |
+2.58% |
| 2020-12-31 | NT$5.20 Billion ≈ $163.84 Million |
+3.21% |
| 2019-12-31 | NT$5.04 Billion ≈ $158.75 Million |
+6.27% |
| 2018-12-31 | NT$4.74 Billion ≈ $149.38 Million |
+3.81% |
| 2017-12-31 | NT$4.57 Billion ≈ $143.90 Million |
+5.29% |
| 2016-12-31 | NT$4.34 Billion ≈ $136.67 Million |
+4.63% |
| 2015-12-31 | NT$4.15 Billion ≈ $130.62 Million |
+3.48% |
| 2014-12-31 | NT$4.01 Billion ≈ $126.23 Million |
+0.70% |
| 2013-12-31 | NT$3.98 Billion ≈ $125.35 Million |
+5.12% |
| 2012-12-31 | NT$3.78 Billion ≈ $119.24 Million |
+2.64% |
| 2011-12-31 | NT$3.69 Billion ≈ $116.18 Million |
+7.44% |
| 2010-12-31 | NT$3.43 Billion ≈ $108.13 Million |
+6.92% |
| 2009-12-31 | NT$3.21 Billion ≈ $101.13 Million |
+3.95% |
| 2008-12-31 | NT$3.09 Billion ≈ $97.29 Million |
-2.47% |
| 2007-12-31 | NT$3.17 Billion ≈ $99.75 Million |
+2.00% |
| 2006-12-31 | NT$3.10 Billion ≈ $97.80 Million |
-2.43% |
| 2005-12-31 | NT$3.18 Billion ≈ $100.24 Million |
+4.74% |
| 2004-12-31 | NT$3.04 Billion ≈ $95.70 Million |
+1.78% |
| 2003-12-31 | NT$2.98 Billion ≈ $94.02 Million |
+3.66% |
| 2002-12-31 | NT$2.88 Billion ≈ $90.70 Million |
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About 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 is 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 construc… Read more