9908.TW
Price:
$30.15
Market Cap:
$15.10B
The Great Taipei Gas Corporation supplies natural gas in Taiwan. It also manufactures and supplies gas and related equipment; sells gas appliances; and leases long-distance land cable circuits and office buildings. The company's business area covers seven districts, including Songshan, Xinyi, Daan, Wanhua, Zhongzheng, Datong, and Zhongshan, as well as two counties comprising Fuhua and Ming Sheng in the Shilin district. It serves approximately 380,000 customers. The company was founded in 1964 and is headquartered in Taipei, Taiwan.
Industry
Regulated Gas
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
9908.TW
According to The Great Taipei Gas Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.70. This represents a change of -15.96% compared to the average of 3.21 of the last 4 quarters.
The mean historical Current Ratio of The Great Taipei Gas Corporation over the last ten years is 3.10. The current 2.70 Current Ratio has changed 8.59% with respect to the historical average. Over the past ten years (40 quarters), 9908.TW's Current Ratio was at its highest in in the September 2023 quarter at 3.59. The Current Ratio was at its lowest in in the June 2016 quarter at 2.49.
Average
3.10
Median
3.07
Minimum
2.83
Maximum
3.35
Discovering the peaks and valleys of The Great Taipei Gas Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 7.60%
Maximum Annual Current Ratio = 3.35
Minimum Annual Increase = -3.47%
Minimum Annual Current Ratio = 2.83
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.35 | 1.00% |
| 2023 | 3.31 | 0.37% |
| 2022 | 3.30 | 1.20% |
| 2021 | 3.26 | 4.97% |
| 2020 | 3.11 | 3.11% |
| 2019 | 3.01 | 2.69% |
| 2018 | 2.93 | -3.47% |
| 2017 | 3.04 | 4.85% |
| 2016 | 2.90 | 2.64% |
| 2015 | 2.83 | 7.60% |
The current Current Ratio of The Great Taipei Gas Corporation (9908.TW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.32
5-year avg
3.27
10-year avg
3.10
The Great Taipei Gas Corporation’s Current Ratio is greater than ShinHsiung Natural Gas Inc. (1.13), greater than Shin Hai Gas Corporation (1.46), greater than Hsin Tai Gas Co., Ltd. (1.48), greater than J&V Energy Technology Co., Ltd. (0.98), greater than Shinfox Energy Co., Ltd. (1.18), greater than Shin Shin Natural Gas Company Limited (1.75), greater than HD Renewable Energy Co., Ltd. (2.11), greater than Hsin Kao Gas Co.,Ltd. (0.92), greater than Ta-Yuan Cogeneration Company Ltd. (0.54), less than Giga Solar Materials Corp. (4.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.13 | $14.10B | |
| 1.46 | $8.96B | |
| 1.48 | $9.47B | |
| 0.98 | $12.79B | |
| 1.18 | $11.04B | |
| 1.75 | $7.07B | |
| 2.11 | $14.62B | |
| 0.92 | $4.12B | |
| 0.54 | $5.74B | |
| 4.23 | $6.55B |
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