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$5.78 Billion TWD (≈ $182.22 Million USD) 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. See 9918 net asset value for net asset value and shareholders' equity analysis.
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.
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. 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 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 |
|---|---|---|
|
Atmos Energy Corporation
NYSE:ATO
|
USA | $29.80 Billion |
|
Korea Gas Corporation
KO:036460
|
Korea | ₩52.95 Trillion |
|
Chongqing Gas Grp Corp Ltd
SHG:600917
|
China | CN¥10.95 Billion |
|
Shin Hai Gas Corp
TW:9926
|
Taiwan | NT$8.75 Billion |
|
GSE Co. Ltd
KQ:053050
|
Korea | ₩210.37 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.37 Trillion |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$651.59 Billion |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
Argentina | AR$658.27 Billion |
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 | 0.04 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | NT$5.97 Billion |
| Market Capitalization | $244.52 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.
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 ≈ $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 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