Shin Hai GasTPE:9926 -0.40%91 Current Ratio is 1.58 as of Dec. 2025, which is 6% below its 10-year median of 1.68. GuruFocus rates TPE:9926 with a GF Score™ of 91/100 and a GF Value™ of NT$58.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 509 Utilities - Regulated companies, Shin Hai Gas ranks better than 73.08% 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 Hai Gas's current ratio for the quarter that ended in Dec. 2025 was 1.58.
Shin Hai Gas has a current ratio of 1.58. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shin Hai Gas's Current Ratio or its related term are showing as below:
TPE:9926'
s Current Ratio Range Over the Past 10 Years
Min: 1.52 Med: 1.68 Max: 2.3
Current: 1.58
During the past 13 years, Shin Hai Gas's highest Current Ratio was 2.30. The lowest was 1.52. And the median was 1.68.
TPE:9926's Current Ratio is ranked better than 73.08% of 509
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs TPE:9926: 1.58
Shin Hai Gas (TPE:9926) 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 Hai Gas Current Ratio Related Terms
Shin Hai Gas Current Ratio Historical Data
* Premium members only.
The historical data trend for Shin Hai Gas'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.
TPE:9926 vs ATO, NI, UGI: Current Ratio Comparison
For the Utilities - Regulated Gas subindustry, Shin Hai Gas'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 Hai Gas Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Hai Gas's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shin Hai Gas's Current Ratio falls into.
* 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 (TPE:9926) has a Current Ratio of 1.58 as of Dec. 2025. This is near median its historical median of 1.68. Over the past decade, Shin Hai Gas' Current Ratio has ranged from 1.52 to 2.30. According to the industry distribution chart, Shin Hai Gas ranks #137 out of 509 companies in the Utilities - Regulated industry, placing it in the top 26.9%.
Is Shin Hai Gas' Current Ratio too high?
Shin Hai Gas' current Current Ratio of 1.58 is near median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 2.30. The Utilities - Regulated industry median Current Ratio is 1.08. Shin Hai Gas' value of 1.58 is 46.3% above this industry median. Based on the distribution chart, Shin Hai Gas ranks #137 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shin Hai Gas has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Hai Gas ranks #137 out of 509 companies for Current Ratio. This puts Shin Hai Gas in the upper half of its industry. The industry median Current Ratio is 1.08. Shin Hai Gas' value of 1.58 is 46.3% above this benchmark. Historically, Shin Hai Gas' own Current Ratio has ranged from 1.52 to 2.30 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.08, Shin Hai Gas 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 509 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 Hai Gas's current Current Ratio of 1.58 is 46.3% 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 Hai Gas's current Current Ratio is 1.58, which is near median its own 10-year median of 1.68. 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$58.19, compared to a current price of NT$49.50 — trading 14.9% below its estimated fair value. The current Current Ratio is 1.58, which is near median its 10-year median of 1.68 and 46.3% above the Utilities - Regulated industry median of 1.08. Shin Hai Gas' overall GF Score™ is 91/100 with 3 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 Hai Gas (TPE:9926), the current Current Ratio is 1.58 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 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$49.50 is trading 14.9% below its estimated GF Value™ of NT$58.19.
GuruFocus considers Shin Hai Gas to be Modestly Undervalued.
Key valuation signals for TPE:9926:
Current Ratio: 1.58 (near median its 10-year median of 1.68)
GF Value™: NT$58.19 vs. price of NT$49.50 (14.9% below fair value)
Industry Position: 46.3% above the Utilities - Regulated median (#137 of 509)
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 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.
91GF Score
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