Hsin Kao Gas Co Ltd (9931) - Total Assets
Based on the latest financial reports, Hsin Kao Gas Co Ltd (9931) holds total assets worth NT$6.71 Billion TWD (≈ $211.31 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 Hsin Kao Gas Co Ltd (9931) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Hsin Kao Gas Co Ltd - Total Assets Trend (2003–2025)
This chart illustrates how Hsin Kao Gas Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 9931 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Hsin Kao Gas Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Hsin Kao Gas Co Ltd's total assets of NT$6.71 Billion consist of 34.2% current assets and 65.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 5.1% |
| Accounts Receivable | NT$185.88 Million | 2.8% |
| Inventory | NT$556.50 Million | 8.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$32.50 Million | 0.5% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Hsin Kao 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 market cap of Hsin Kao Gas Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hsin Kao Gas Co Ltd's current assets represent 34.2% of total assets in 2025, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2025, down from 6.5% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 8.3% of total assets.
Hsin Kao Gas Co Ltd Competitors by Total Assets
Key competitors of Hsin Kao Gas Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL
|
India | Rs1.36 Trillion |
|
Spire Inc
NYSE:SR
|
USA | $14.67 Billion |
|
Gas Malaysia Bhd
KLSE:5209
|
Malaysia | RM3.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
China | CN¥2.57 Billion |
|
Shin Hai Gas Corp
TW:9926
|
Taiwan | NT$8.75 Billion |
|
Hsin Tai Gas Co Ltd
TWO:8917
|
Taiwan | NT$6.03 Billion |
|
Daesung Energy
KO:117580
|
Korea | ₩640.40 Billion |
Hsin Kao 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 | 1.03 | 0.99 | 0.96 |
| Quick Ratio | 0.78 | 0.72 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$65.33 Million | NT$-22.04 Million | NT$-58.26 Million |
Hsin Kao Gas Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hsin Kao 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 | 1.38 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 6.6% |
| Total Assets | NT$6.71 Billion |
| Market Capitalization | $132.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hsin Kao Gas Co Ltd's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hsin Kao Gas Co Ltd's assets grew by 6.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hsin Kao Gas Co Ltd (2003–2025)
The table below shows the annual total assets of Hsin Kao Gas Co Ltd from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.71 Billion ≈ $211.31 Million |
+6.63% |
| 2024-12-31 | NT$6.29 Billion ≈ $198.16 Million |
+3.18% |
| 2023-12-31 | NT$6.10 Billion ≈ $192.04 Million |
+10.89% |
| 2022-12-31 | NT$5.50 Billion ≈ $173.18 Million |
+5.49% |
| 2021-12-31 | NT$5.21 Billion ≈ $164.17 Million |
+8.77% |
| 2020-12-31 | NT$4.79 Billion ≈ $150.93 Million |
+7.76% |
| 2019-12-31 | NT$4.45 Billion ≈ $140.06 Million |
+8.02% |
| 2018-12-31 | NT$4.12 Billion ≈ $129.67 Million |
+5.72% |
| 2017-12-31 | NT$3.89 Billion ≈ $122.65 Million |
+8.14% |
| 2016-12-31 | NT$3.60 Billion ≈ $113.41 Million |
+2.43% |
| 2015-12-31 | NT$3.51 Billion ≈ $110.73 Million |
+2.61% |
| 2014-12-31 | NT$3.43 Billion ≈ $107.91 Million |
+0.30% |
| 2013-12-31 | NT$3.41 Billion ≈ $107.59 Million |
+3.10% |
| 2012-12-31 | NT$3.31 Billion ≈ $104.36 Million |
+2.65% |
| 2011-12-31 | NT$3.23 Billion ≈ $101.67 Million |
-4.02% |
| 2010-12-31 | NT$3.36 Billion ≈ $105.92 Million |
+1.72% |
| 2009-12-31 | NT$3.31 Billion ≈ $104.13 Million |
+1.25% |
| 2008-12-31 | NT$3.26 Billion ≈ $102.85 Million |
-1.26% |
| 2007-12-31 | NT$3.31 Billion ≈ $104.16 Million |
+1.34% |
| 2006-12-31 | NT$3.26 Billion ≈ $102.79 Million |
+12.24% |
| 2005-12-31 | NT$2.91 Billion ≈ $91.58 Million |
+7.36% |
| 2004-12-31 | NT$2.71 Billion ≈ $85.30 Million |
+4.82% |
| 2003-12-31 | NT$2.58 Billion ≈ $81.39 Million |
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About Hsin Kao Gas Co Ltd
Hsin Kao Gas Co.,Ltd. engages in the installation of natural gas for supplying domestic and commercial fuels and related pipelines in Taiwan. It is involved in the residential building development, sale, and leasing, as well as international trade businesses. The company was founded in 1983 and is based in Kaohsiung, Taiwan.