Shin Shin Natural Gas Co (TPE:9918) EPS without NRI: NT$1.60 (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
84 GF Score
Price NT$44.00
GF Value NT$42.91
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shin Shin Natural Gas Co EPS without NRI?

Shin Shin Natural Gas Co TPE:9918 -0.23% 84 EPS without NRI is NT$1.60 as of Dec. 2025. GuruFocus rates TPE:9918 with a GF Score™ of 84/100 and a GF Value™ of NT$42.91 (Fairly Valued). The stock has 2 warning signs investors should review. Among 417 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 81.29% on this metric.

Shin Shin Natural Gas Co's earnings per share without non-recurring items for the three months ended in Dec. 2025 was NT$0.30. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.60.

During the past 12 months, Shin Shin Natural Gas Co's average earnings per share (NRI) Growth Rate was -28.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 25.60% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 2.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Shin Shin Natural Gas Co's EPS without NRI or its related term are showing as below:

TPE:9918' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -18.1   Med: 4.4   Max: 25.6
Current: 25.6

During the past 13 years, Shin Shin Natural Gas Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 25.60% per year. The lowest was -18.10% per year. And the median was 4.40% per year.

TPE:9918's 3-Year EPS without NRI Growth Rate is ranked better than
81.29% of 417 companies
in the Utilities - Regulated industry
Industry Median: 5.3 vs TPE:9918: 25.60

Shin Shin Natural Gas Co's EPS (Diluted) for the three months ended in Dec. 2025 was NT$0.30. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.60.

Shin Shin Natural Gas Co's EPS (Basic) for the three months ended in Dec. 2025 was NT$0.31. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.61.


Shin Shin Natural Gas Co  (TPE:9918) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Shin Shin Natural Gas Co EPS without NRI Related Terms


Shin Shin Natural Gas Co EPS without NRI Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas Co's EPS without NRI 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 EPS without NRI Chart

Shin Shin Natural Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 0.81 2.02 2.23 1.60

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
EPS without NRI 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 0.43 0.54 0.28 0.48 0.30

TPE:9918 vs ATO, NI, UGI: EPS without NRI Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's PE Ratio without NRI falls into.


TPE:9918
84GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Shin Natural Gas Co EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1.60

* 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 EPS without NRI →
What does a EPS without NRI of NT$1.60 mean?
Shin Shin Natural Gas Co (TPE:9918) has a EPS without NRI of NT$1.60 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shin Shin Natural Gas Co and its competitors. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #78 out of 417 companies in the Utilities - Regulated industry, placing it in the top 18.7%.
Is Shin Shin Natural Gas Co's EPS without NRI too high?
Shin Shin Natural Gas Co's current EPS without NRI is NT$1.60. Based on the distribution chart, Shin Shin Natural Gas Co ranks #78 out of 417 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 EPS without NRI compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #78 out of 417 companies for EPS without NRI. This places Shin Shin Natural Gas Co in the top 19% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 5.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for an Utilities - Regulated company?
The median EPS without NRI among Utilities - Regulated companies is 5.30, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median EPS without NRI is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current EPS without NRI is NT$1.60. 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$42.91, compared to a current price of NT$44.00 — trading 2.5% above its estimated fair value. The current EPS without NRI is NT$1.60. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Shin Shin Natural Gas Co (TPE:9918), the current EPS without NRI is NT$1.60 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$44.00 is trading 2.5% above its estimated GF Value™ of NT$42.91. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • EPS without NRI: NT$1.60
  • GF Value™: NT$42.91 vs. price of NT$44.00 (2.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$44.00
Price
NT$42.91
GF Value