Shinhsiung Natural Gas (8908) - Total Assets
Based on the latest financial reports, Shinhsiung Natural Gas (8908) holds total assets worth NT$11.00 Billion TWD (≈ $346.47 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 net assets of Shinhsiung Natural Gas for net asset value and shareholders' equity analysis.
Shinhsiung Natural Gas - Total Assets Trend (2017–2024)
This chart illustrates how Shinhsiung Natural Gas's total assets have evolved over time, based on quarterly financial data.
Shinhsiung Natural Gas - Asset Composition Analysis
Current Asset Composition (December 2024)
Shinhsiung Natural Gas's total assets of NT$11.00 Billion consist of 39.8% current assets and 60.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 9.9% |
| Accounts Receivable | NT$737.38 Million | 7.6% |
| Inventory | NT$1.85 Billion | 19.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shinhsiung Natural Gas'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 8908 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shinhsiung Natural Gas's current assets represent 39.8% of total assets in 2024, an increase from 29.8% in 2017.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2024, up from 9.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
Shinhsiung Natural Gas Competitors by Total Assets
Key competitors of Shinhsiung Natural Gas based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL
|
India | Rs1.36 Trillion |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
Argentina | AR$370.42 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 |
|
APA Group
AU:APA
|
Australia | AU$19.16 Billion |
|
Equus Energy Ltd
AU:EQU
|
Australia | AU$3.91 Million |
Shinhsiung Natural Gas - 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 | 1.07 | 1.10 | 0.92 |
| Quick Ratio | 0.56 | 0.54 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$267.99 Million | NT$372.47 Million | NT$-202.25 Million |
Shinhsiung Natural Gas - Advanced Valuation Insights
This section examines the relationship between Shinhsiung Natural Gas'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 | 3.05 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 9.9% |
| Total Assets | NT$9.67 Billion |
| Market Capitalization | $390.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shinhsiung Natural Gas's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shinhsiung Natural Gas's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shinhsiung Natural Gas (2017–2024)
The table below shows the annual total assets of Shinhsiung Natural Gas from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.67 Billion ≈ $304.80 Million |
+9.94% |
| 2023-12-31 | NT$8.80 Billion ≈ $277.24 Million |
+9.17% |
| 2022-12-31 | NT$8.06 Billion ≈ $253.96 Million |
+13.70% |
| 2021-12-31 | NT$7.09 Billion ≈ $223.36 Million |
+13.09% |
| 2020-12-31 | NT$6.27 Billion ≈ $197.50 Million |
+16.03% |
| 2019-12-31 | NT$5.40 Billion ≈ $170.22 Million |
+13.30% |
| 2018-12-31 | NT$4.77 Billion ≈ $150.24 Million |
+10.50% |
| 2017-12-31 | NT$4.32 Billion ≈ $135.97 Million |
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About Shinhsiung Natural Gas
ShinHsiung Natural Gas Inc. supplies natural gas in Taiwan. The company operates through three segments: Gas Sale Department, Installation Department, and Solar Electricity Sale Department. It engages in the gas transmission conduits and equipment business; sale of electricity generated by solar energy; equity holding activities; buying, selling, and renting of real estate; solar energy optoelect… Read more