Shin Shin Natural Gas Co (TPE:9918) Current Ratio: 1.98 (As of Dec. 2025) — 13% Below Median


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
84 GF Score
Price NT$43.40
GF Value NT$42.88
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Shin Natural Gas Co Current Ratio?

Shin Shin Natural Gas Co TPE:9918 +0.12% 84 Current Ratio is 1.98 as of Dec. 2025, which is 13% below its 10-year median of 2.28. GuruFocus rates TPE:9918 with a GF Score™ of 84/100 and a GF Value™ of NT$42.88 (Fairly Valued). The stock has 2 warning signs investors should review. Among 508 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 82.87% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Shin Shin Natural Gas Co's current ratio for the quarter that ended in Dec. 2025 was 1.98.

Shin Shin Natural Gas Co has a current ratio of 1.98. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shin Shin Natural Gas Co's Current Ratio or its related term are showing as below:

TPE:9918' s Current Ratio Range Over the Past 10 Years
Min: 1.93   Med: 2.28   Max: 2.95
Current: 1.98

During the past 13 years, Shin Shin Natural Gas Co's highest Current Ratio was 2.95. The lowest was 1.93. And the median was 2.28.

TPE:9918's Current Ratio is ranked better than
82.87% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.08 vs TPE:9918: 1.98

Shin Shin Natural Gas Co  (TPE:9918) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Shin Shin Natural Gas Co Current Ratio Related Terms


Shin Shin Natural Gas Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas Co's Current Ratio 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 Shin Natural Gas Co Current Ratio Chart

Shin Shin Natural Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.33 2.36 1.93 1.98

Shin Shin Natural Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio 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 1.93 1.77 1.75 2.04 1.98

TPE:9918 vs ATO, NI, UGI: Current Ratio Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shin Shin Natural Gas Co Current Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Current Ratio falls into.


TPE:9918
84GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Shin Natural Gas Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Shin Shin Natural Gas Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=2040.522/1032.526
=1.98

Shin Shin Natural Gas Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=2040.522/1032.526
=1.98

* 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 Current Ratio →
What does a Current Ratio of 1.98 mean?
Shin Shin Natural Gas Co (TPE:9918) has a Current Ratio of 1.98 as of Dec. 2025. This is 13% below median its historical median of 2.28. Over the past decade, Shin Shin Natural Gas Co's Current Ratio has ranged from 1.93 to 2.95. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #87 out of 508 companies in the Utilities - Regulated industry, placing it in the top 17.1%.
Is Shin Shin Natural Gas Co's Current Ratio too high?
Shin Shin Natural Gas Co's current Current Ratio of 1.98 is 13% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 2.95. The Utilities - Regulated industry median Current Ratio is 1.08. Shin Shin Natural Gas Co's value of 1.98 is 83.3% above this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #87 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #87 out of 508 companies for Current Ratio. This places Shin Shin Natural Gas Co in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.08. Shin Shin Natural Gas Co's value of 1.98 is 83.3% above this benchmark. Historically, Shin Shin Natural Gas Co's own Current Ratio has ranged from 1.93 to 2.95 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.08, Shin Shin Natural Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shin Shin Natural Gas Co's current Current Ratio of 1.98 is 83.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Current Ratio is 1.98, which is 13% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.88, compared to a current price of NT$43.40 — trading 1.2% above its estimated fair value. The current Current Ratio is 1.98, which is 13% below median its 10-year median of 2.28 and 83.3% above the Utilities - Regulated industry median of 1.08. Shin Shin Natural Gas Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Shin Shin Natural Gas Co (TPE:9918), the current Current Ratio is 1.98 as of Dec. 2025. 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 Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued. The current stock price of NT$43.40 is trading 1.2% above its estimated GF Value™ of NT$42.88. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • Current Ratio: 1.98 (13% below median its 10-year median of 2.28)
  • GF Value™: NT$42.88 vs. price of NT$43.40 (1.2% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 83.3% above the Utilities - Regulated median (#87 of 508)

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
84GF Score

Get the complete analysis for TPE:9918

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

NT$43.40
Price
NT$42.88
GF Value