Shin Hai Gas (TPE:9926) Change In Inventory: NT$-38 Mil (TTM As of Mar. 2026)

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TPE:9926 Shin Hai Gas Corp TPE:9926
93 GF Score
Price NT$49.00
GF Value NT$56.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shin Hai Gas Change In Inventory?

Shin Hai Gas TPE:9926 -0.61% 93 Change In Inventory is NT$-38 Mil as of Mar. 2026. GuruFocus rates TPE:9926 with a GF Score™ of 93/100 and a GF Value™ of NT$56.29 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shin Hai Gas's change in inventory for the quarter that ended in Mar. 2026 was NT$-2 Mil. It means Shin Hai Gas's inventory increased by NT$2 Mil from Dec. 2025 to Mar. 2026 .

Shin Hai Gas's change in inventory for the fiscal year that ended in Dec. 2025 was NT$-34 Mil. It means Shin Hai Gas's inventory increased by NT$34 Mil from Dec. 2024 to Dec. 2025 .

Shin Hai Gas's Total Inventories for the quarter that ended in Mar. 2026 was NT$292 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Hai Gas's Days Inventory for the quarter that ended in Mar. 2026 was 51.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Hai Gas's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.79.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Shin Hai Gas's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.41.


Shin Hai Gas  (TPE:9926) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Shin Hai Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=290.2935/518.439*365 / 4
=51.09

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Shin Hai Gas's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Shin Hai Gas's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shin Hai Gas Change In Inventory Related Terms


Shin Hai Gas Change In Inventory Historical Data

* Premium members only.

The historical data trend for Shin Hai Gas's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shin Hai Gas Change In Inventory Chart

Shin Hai Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.83 -35.56 -31.38 -22.35 -33.87

Shin Hai Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 6.00 -17.24 -23.92 -2.50
TPE:9926
93GF Score
Shin Hai Gas Corp TPE:9926
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Hai Gas Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-38 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of NT$-38 Mil mean?
Shin Hai Gas (TPE:9926) has a Change In Inventory of NT$-38 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Shin Hai Gas and its competitors.
Is Shin Hai Gas' Change In Inventory too high?
Shin Hai Gas' current Change In Inventory is NT$-38 Mil. Overall, Shin Hai Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' Change In Inventory compare to ATO and NI?
Shin Hai Gas' Change In Inventory of NT$-38 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Utilities - Regulated company?
A good Change In Inventory depends on the Utilities - Regulated industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Shin Hai Gas and its competitors. Shin Hai Gas's current Change In Inventory is NT$-38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hai Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin Hai Gas (TPE:9926) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.29, compared to a current price of NT$49.00 — trading 13% below its estimated fair value. The current Change In Inventory is NT$-38 Mil. Shin Hai Gas' overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Shin Hai Gas (TPE:9926), the current Change In Inventory is NT$-38 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shin Hai Gas (TPE:9926) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Hai Gas stock appears to be undervalued. The current stock price of NT$49.00 is trading 13% below its estimated GF Value™ of NT$56.29. GuruFocus considers Shin Hai Gas to be Modestly Undervalued.

Key valuation signals for TPE:9926:

  • Change In Inventory: NT$-38 Mil
  • GF Value™: NT$56.29 vs. price of NT$49.00 (13% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the TPE:9926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Hai Gas Business Description

Address Lixing Road, Section 1, No. 52, Sanchong District, New Taipei City, TWN, 241
Shin Hai Gas Corp is mainly engaged in natural gas supply service, natural gas transmission system construction, sale and installation of gas equipment, and operation and investment of type one telecommunications enterprise. The company's reportable segments include the Gas supply segment, Equipment segment, Telecommunication segment, and Others. The majority of its revenue is generated from the Gas supply segment, which derives income from the sales of natural gas.
93GF Score

Get the complete analysis for TPE:9926

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$49.00
Price
NT$56.29
GF Value