Shin Hai Gas (TPE:9926) Total Inventories: NT$289 Mil (As of Dec. 2025)


TPE:9926 Shin Hai Gas Corp TPE:9926
91 GF Score
Price NT$49.50
GF Value NT$58.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shin Hai Gas Total Inventories?

Shin Hai Gas TPE:9926 -0.40% 91 Total Inventories is NT$289 Mil as of Dec. 2025. 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.

Shin Hai Gas's total inventories for the quarter that ended in Dec. 2025 was NT$289 Mil. Shin Hai Gas's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$277 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shin Hai Gas's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$-6.73.

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 three months ended in Dec. 2025 was 54.49.

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 Dec. 2025 was 1.67.

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 Dec. 2025 was 0.47.


Shin Hai Gas  (TPE:9926) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Shin Hai Gas's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3074.236+0.75 * 259.196+0.5 * 289.044-4621.476
-0-0)/179.504
=-6.73

2. 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 three months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=277.0855/463.971*365 / 4
=54.49

3. 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 Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=463.971 / 277.0855
=1.67

4. 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 Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=277.0855 / 592.956
=0.47

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Shin Hai Gas Total Inventories Related Terms


Shin Hai Gas Total Inventories Historical Data

* Premium members only.

The historical data trend for Shin Hai Gas's Total Inventories 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 Total Inventories Chart

Shin Hai Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.88 201.44 232.82 255.17 289.04

Shin Hai Gas Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Total Inventories 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 255.17 253.88 247.88 265.13 289.04
TPE:9926
91GF Score
Shin Hai Gas Corp TPE:9926
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Hai Gas Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of NT$289 Mil mean?
Shin Hai Gas (TPE:9926) has a Total Inventories of NT$289 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shin Hai Gas and its competitors.
Is Shin Hai Gas' Total Inventories too high?
Shin Hai Gas' current Total Inventories is NT$289 Mil. 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' Total Inventories compare to ATO and NI?
Shin Hai Gas' Total Inventories of NT$289 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 Total Inventories for an Utilities - Regulated company?
A good Total Inventories depends on the Utilities - Regulated industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shin Hai Gas and its competitors. Shin Hai Gas's current Total Inventories is NT$289 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$58.19, compared to a current price of NT$49.50 — trading 14.9% below its estimated fair value. The current Total Inventories is NT$289 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Shin Hai Gas (TPE:9926), the current Total Inventories is NT$289 Mil 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:

  • Total Inventories: NT$289 Mil
  • GF Value™: NT$58.19 vs. price of NT$49.50 (14.9% below fair value)
  • GF Score™: 91/100 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.
91GF Score

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

NT$49.50
Price
NT$58.19
GF Value