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Shin Hai Gas 9926.TW · TWD

Utilities · Taiwan Stock Exchange · 🇹🇼 Taiwan

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49.50

+0.20%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 2.47bn

FY2016FY2025

Net income

TWD 481.8m

FY2016FY2025

Free cash flow

TWD 373.8m

FY2016FY2025

Shareholders' equity

TWD 4.23bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 2.47bnTWD 2.33bnTWD 2.29bnTWD 2.24bnTWD 2.14bnTWD 2.20bnTWD 2.40bnTWD 2.29bnTWD 2.17bnTWD 1.97bn
Gross profitTWD 638.6mTWD 629.9mTWD 651.4mTWD 632.7mTWD 620.6mTWD 591.6mTWD 538.8mTWD 503.9mTWD 519.2mTWD 505.0m
Operating incomeTWD 450.3mTWD 462.5mTWD 482.6mTWD 571.9mTWD 543.1mTWD 501.7mTWD 445.6mTWD 344.4mTWD 357.2mTWD 332.0m
Net incomeTWD 481.8mTWD 474.5mTWD 467.7mTWD 452.3mTWD 448.5mTWD 419.7mTWD 363.7mTWD 326.8mTWD 362.1mTWD 305.1m
Diluted earnings per share2.682.642.612.522.502.342.031.842.021.71

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 8.85bnTWD 8.67bnTWD 8.30bnTWD 7.64bnTWD 7.42bnTWD 6.86bnTWD 6.28bnTWD 5.86bnTWD 5.65bnTWD 5.36bn
Cash and short-term investmentsTWD 3.07bnTWD 3.14bnTWD 2.89bnTWD 2.45bnTWD 2.37bnTWD 2.13bnTWD 1.89bnTWD 1.72bnTWD 928.5mTWD 1.53bn
Total liabilitiesTWD 4.62bnTWD 4.55bnTWD 4.40bnTWD 4.11bnTWD 3.82bnTWD 3.58bnTWD 3.19bnTWD 2.93bnTWD 2.76bnTWD 2.57bn
DebtTWD 6.7mTWD 3.9mTWD 4.7mTWD 1.7mTWD 1.7mTWD 2.4mTWD 3.2m———
Shareholders' equityTWD 4.23bnTWD 4.11bnTWD 3.90bnTWD 3.53bnTWD 3.60bnTWD 3.28bnTWD 3.09bnTWD 2.93bnTWD 2.89bnTWD 2.79bn
Shares outstanding180m180m180m180m180m180m179m178m179m179m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 893.6mTWD 914.5mTWD 1.01bnTWD 961.5mTWD 883.1mTWD 1.09bnTWD 858.4mTWD 782.7mTWD 759.8mTWD 701.6m
Capital spending−TWD 519.8m−TWD 477.9m−TWD 444.3m−TWD 378.4m−TWD 381.5m−TWD 471.7m−TWD 432.0m−TWD 425.4m−TWD 426.2m−TWD 578.8m
Free cash flowTWD 373.8mTWD 436.6mTWD 569.2mTWD 583.1mTWD 501.5mTWD 621.0mTWD 426.4mTWD 357.3mTWD 333.5mTWD 122.8m
Dividends paid−TWD 359.0m−TWD 359.0m−TWD 359.0m−TWD 359.0m−TWD 323.1m−TWD 305.2m−TWD 269.3m−TWD 287.2m−TWD 287.2m−TWD 225.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 618.6mTWD 702.3mTWD 593.0mTWD 542.8mTWD 624.5mTWD 709.6mTWD 562.4mTWD 511.6m
Gross profitTWD 167.2mTWD 183.9mTWD 126.5mTWD 152.0mTWD 184.0mTWD 179.4mTWD 119.8mTWD 148.6m
Operating incomeTWD 107.5mTWD 130.3mTWD 73.7mTWD 103.1mTWD 139.0mTWD 136.7mTWD 74.8mTWD 105.2m
Net incomeTWD 166.1mTWD 122.3mTWD 69.8mTWD 152.5mTWD 145.0mTWD 114.5mTWD 61.6mTWD 134.7m
Diluted earnings per share0.930.680.390.850.810.640.340.75
Cash from operationsTWD 261.0mTWD 340.0mTWD 132.0mTWD 305.0mTWD 222.0mTWD 197.0mTWD 230.0mTWD 292.0m
Capital spending−TWD 146.0m−TWD 129.0m−TWD 117.0m−TWD 124.0m−TWD 132.0m−TWD 146.0m−TWD 103.0m−TWD 116.0m
Free cash flowTWD 115.0mTWD 211.0mTWD 15.0mTWD 181.0mTWD 90.0mTWD 51.0mTWD 127.0mTWD 176.0m
Total assetsTWD 9.73bnTWD 9.28bnTWD 8.85bnTWD 8.75bnTWD 8.89bnTWD 8.73bnTWD 8.67bnTWD 8.48bn
Cash and short-term investmentsTWD 3.71bnTWD 3.31bnTWD 3.07bnTWD 3.06bnTWD 3.22bnTWD 3.04bnTWD 3.14bnTWD 3.01bn
DebtTWD 6.7mTWD 7.5mTWD 12.4mTWD 9.6mTWD 6.2mTWD 3.6mTWD 4.5mTWD 6.8m
Shareholders' equityTWD 4.43bnTWD 4.46bnTWD 4.23bnTWD 4.18bnTWD 4.00bnTWD 4.15bnTWD 4.11bnTWD 4.06bn

Financial ratios

Data as of 7 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin25.9%27.0%28.5%28.3%29.0%26.9%
Operating margin18.2%24.6%24.9%24.6%25.4%23.2%
Net margin19.5%20.3%20.4%20.2%20.9%19.1%
Return on equity11.4%11.5%12.0%12.8%12.5%12.8%
Return on assets5.4%5.5%5.6%5.9%6.0%6.1%
Free cash flow yield16.1%15.8%16.6%15.2%14.4%17.8%
Revenue growth5.9%1.9%2.4%4.4%-2.5%-8.5%
Earnings growth1.5%1.4%3.4%0.9%6.9%15.4%
Current ratio1.58x1.58x1.55x1.52x1.66x1.69x
Debt to equity0.00x0.00x0.00x0.00x0.00x0.00x
Equity ratio47.8%47.5%47.0%46.2%48.5%47.8%
Interest coverage1120.11x1637.17x1939.51x3437.53x3537.47x3122.60x
Buybacks as a share of market value0.0%0.0%0.0%0.1%-0.1%-0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.4%2.4%1.0%
Operating income-7.7%-2.1%3.1%
Net income2.1%2.8%4.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin26.4%27.4%27.5%25.6%
Operating margin19.0%21.1%22.0%19.5%
Net margin19.9%20.1%20.1%17.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings18.419.321.520.519.820.720.521.820.124.3
Price to sales3.63.94.44.14.14.03.13.13.43.8

Dividends and splits

Per share, in the currency the company pays

Paid for 26 years. Last went ex-dividend on 21 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.102.002.002.002.001.801.701.50
  • 1.035-for-1 split · 30 Aug 2016
  • 1.04-for-1 split · 18 Aug 2015
  • 1.04-for-1 split · 21 Aug 2014
  • 1.06-for-1 split · 9 Sept 2013
  • 21-for-20 split · 16 Aug 2012
  • 1.07-for-1 split · 1 Sept 2011

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.