9926.TW
Price:
$49.9
Market Cap:
$8.96B
Shin Hai Gas Corporation engages in the supply of natural gas in Taiwan. The company also offers interrupting devices, microcomputer gas meters, safety equipment, stoves, cloth dryers, and other related safety equipment, as well as telecom services. It supplies natural gas to approximately 260,000 household and business customers in the Taipei County cities of Sanchong, Banqiao, and Xinzhuang. The company was founded in 1966 and is headquartered in New Taipei City, Taiwan.
Industry
Regulated Gas
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
9926.TW
According to Shin Hai Gas Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.46. This represents a change of -6.51% compared to the average of 1.56 of the last 4 quarters.
The mean historical Current Ratio of Shin Hai Gas Corporation over the last ten years is 1.87. The current 1.46 Current Ratio has changed 7.73% with respect to the historical average. Over the past ten years (40 quarters), 9926.TW's Current Ratio was at its highest in in the March 2018 quarter at 2.40. The Current Ratio was at its lowest in in the June 2023 quarter at 1.42.
Average
1.87
Median
1.87
Minimum
1.52
Maximum
2.30
Discovering the peaks and valleys of Shin Hai 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 = 23.57%
Maximum Annual Current Ratio = 2.30
Minimum Annual Increase = -17.14%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.58 | 1.98% |
| 2023 | 1.55 | 2.47% |
| 2022 | 1.52 | -8.93% |
| 2021 | 1.66 | -1.60% |
| 2020 | 1.69 | -17.14% |
| 2019 | 2.04 | -4.48% |
| 2018 | 2.14 | -7.11% |
| 2017 | 2.30 | 10.33% |
| 2016 | 2.08 | -1.16% |
| 2015 | 2.11 | 23.57% |
The current Current Ratio of Shin Hai Gas Corporation (9926.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
1.55
5-year avg
1.60
10-year avg
1.87
Shin Hai Gas Corporation’s Current Ratio is less than Hsin Tai Gas Co., Ltd. (1.48), less than Shin Shin Natural Gas Company Limited (1.75), greater than ShinHsiung Natural Gas Inc. (1.13), greater than Ta-Yuan Cogeneration Company Ltd. (0.54), less than The Great Taipei Gas Corporation (2.70), greater than Hsin Kao Gas Co.,Ltd. (0.92), less than Giga Solar Materials Corp. (4.23), less than United Purification Technology Co., Ltd. (1.46), greater than J&V Energy Technology Co., Ltd. (0.98), greater than Shinfox Energy Co., Ltd. (1.18),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.48 | $9.47B | |
| 1.75 | $7.07B | |
| 1.13 | $14.10B | |
| 0.54 | $5.74B | |
| 2.70 | $15.10B | |
| 0.92 | $4.12B | |
| 4.23 | $6.55B | |
| 1.46 | $2.15B | |
| 0.98 | $12.79B | |
| 1.18 | $11.04B |
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