Shin Shin Natural Gas Co (TPE:9918) OCF Margin %: 19.69% (As of Dec. 2025) — 33% Below Median


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
84 GF Score
Price NT$43.20
GF Value NT$42.87
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Shin Natural Gas Co OCF Margin %?

Shin Shin Natural Gas Co TPE:9918 -0.35% 84 OCF Margin % is 19.69% as of Dec. 2025, which is 33% below its 10-year median of 29.26. GuruFocus rates TPE:9918 with a GF Score™ of 84/100 and a GF Value™ of NT$42.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 499 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 73.95% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Shin Shin Natural Gas Co's Cash Flow from Operations for the three months ended in Dec. 2025 was NT$89 Mil. Shin Shin Natural Gas Co's Revenue for the three months ended in Dec. 2025 was NT$450 Mil. Therefore, Shin Shin Natural Gas Co's OCF Margin % for the quarter that ended in Dec. 2025 was 19.69%.

As of today, Shin Shin Natural Gas Co's current OCF Yield % is 8.53%.

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

TPE:9918' s OCF Margin % Range Over the Past 10 Years
Min: 16.95   Med: 29.26   Max: 46.07
Current: 31.88


During the past 13 years, the highest OCF Margin % of Shin Shin Natural Gas Co was 46.07%. The lowest was 16.95%. And the median was 29.26%.

TPE:9918's OCF Margin % is ranked better than
73.95% of 499 companies
in the Utilities - Regulated industry
Industry Median: 18.61 vs TPE:9918: 31.88


Shin Shin Natural Gas Co OCF Margin % Related Terms


Shin Shin Natural Gas Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas Co's OCF Margin % 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 OCF Margin % Chart

Shin Shin Natural Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.10 29.40 25.82 30.04 31.88

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
OCF Margin % 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 24.21 18.87 68.44 21.53 19.69

TPE:9918 vs ATO, NI, UGI: OCF Margin % Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas Co's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Utilities - Regulated Industry

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

* The bar in red indicates where Shin Shin Natural Gas Co's OCF Margin % falls into.


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

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=654.133/2051.671
=31.88 %

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

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=88.545/449.701
=19.69 %

* 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 OCF Margin % →
What does a OCF Margin % of 19.69% mean?
Shin Shin Natural Gas Co (TPE:9918) has a OCF Margin % of 19.69% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Shin Shin Natural Gas Co and its competitors. This is 33% below median its historical median of 29.26. Over the past decade, Shin Shin Natural Gas Co's OCF Margin % has ranged from 16.95 to 46.07. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #130 out of 499 companies in the Utilities - Regulated industry, placing it in the top 26.1%.
Is Shin Shin Natural Gas Co's OCF Margin % too high?
Shin Shin Natural Gas Co's current OCF Margin % of 19.69% is 33% below median its 10-year median of 29.26. Over the past 10 years, this metric has ranged from a low of 16.95 to a high of 46.07. The Utilities - Regulated industry median OCF Margin % is 18.61. Shin Shin Natural Gas Co's value of 19.69% is 5.8% above this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #130 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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 OCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #130 out of 499 companies for OCF Margin %. This puts Shin Shin Natural Gas Co in the upper half of its industry. The industry median OCF Margin % is 18.61. Shin Shin Natural Gas Co's value of 19.69% is 5.8% above this benchmark. Historically, Shin Shin Natural Gas Co's own OCF Margin % has ranged from 16.95 to 46.07 over the past decade. While the company's 10-year median is 29.26 vs. the industry median of 18.61, 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 OCF Margin % for an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 18.61, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shin Shin Natural Gas Co's current OCF Margin % of 19.69% is 5.8% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 18.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current OCF Margin % is 19.69%, which is 33% below median its own 10-year median of 29.26. 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$42.87, compared to a current price of NT$43.20 — trading 0.8% above its estimated fair value. The current OCF Margin % is 19.69%, which is 33% below median its 10-year median of 29.26 and 5.8% above the Utilities - Regulated industry median of 18.61. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Shin Shin Natural Gas Co (TPE:9918), the current OCF Margin % is 19.69% 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$43.20 is trading 0.8% above its estimated GF Value™ of NT$42.87. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • OCF Margin %: 19.69% (33% below median its 10-year median of 29.26)
  • GF Value™: NT$42.87 vs. price of NT$43.20 (0.8% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 5.8% above the Utilities - Regulated median (#130 of 499)

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

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

NT$43.20
Price
NT$42.87
GF Value