What is Shin Shin Natural Gas Company Limited's (9918.TW) StockRank?

MoatMap's StockRank for Shin Shin Natural Gas Company Limited (9918.TW) is 47/100, with a Hold signal. This is a composite score combining Quality (73), Value (33), and Momentum (32) factor ranks across MoatMap's 20,000+ stock universe.

Does Shin Shin Natural Gas Company Limited have an economic moat?

Shin Shin Natural Gas Company Limited (9918.TW) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Shin Shin Natural Gas Company Limited a buy, hold, or sell?

MoatMap's current signal for Shin Shin Natural Gas Company Limited (9918.TW) is Hold, based on a StockRank of 47/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Shin Shin Natural Gas Company Limited in?

Shin Shin Natural Gas Company Limited (9918.TW) operates in the Utilities sector, specifically the Utilities - Regulated Gas industry (Taiwan).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

9918.TW

HOLDREMOVE

Shin Shin Natural Gas Company Limited · Utilities · Taiwan · $245M · Avg Vol: $108K/d

StockRank

P/E (TTM)

27.1x

ROE

9.6%

D/E

0.0x

Dividend %

3.5%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Shin Shin Natural Gas is a localized Taiwanese utility with stable but low-growth cash flows, lacking the global reinvestment runway and scale required for our concentrated book.

COMPANY DESCRIPTION

Shin Shin Natural Gas Company Limited distributes piped natural gas and sells gas appliances to residential and commercial customers in designated districts of New Taipei City. The company operates as a regulated natural monopoly within its licensed geographic territory, ensuring highly stable utility cash flows and defensive earnings. Its extensive pipeline infrastructure serves as a high barrier to entry against potential competitors.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	62.0M	61.6M	63.5M	65.4M	1.8%
EPS	0.06	0.03	0.06	0.07	—	5.1%
Shares	—	180.5M	180.5M	180.5M	180.5M	0.0%
Debt	—	1.1M	0.8M	2.1M	1.9M	19.3%
Equity	—	95.2M	100.9M	105.4M	105.6M	3.5%
Op CF	—	18.2M	15.9M	19.1M	20.8M	4.6%
Inv CF	—	-7.5M	-16.0M	-6.6M	-9.1M	—
Fin CF	—	-9.7M	-5.6M	-8.6M	-9.2M	—

PRICE (1Y)+0.7%

SMA 50SMA 200

$1.37

RSI (14)

49.6

52W High

$1.95

From 52W High

0.7%

SCORE BREAKDOWN

Quality

ROIC

7.4%66.2

ROE

9.6%64.1

GP/Assets

9.9%59.1

Op. Margin

19.2%56.2

FCF/Assets

1.1%67.3

Piotroski

891.7

Int. Cover

50.0x93.6

D/E Ratio

0.01x96.7

Current Ratio

1.81x83.5

Value

P/E (TTM)

27.1x23.3

EV/EBITDA

10.4x61.2

P/FCF

3842.1x7.8

P/B

2.4x26.4

P/S

3.9x19.9

Div Yield

3.5%58.4

Momentum

52W High %

70%27.1

RS 6M

-57%6.5

SMA 50/200

1.04x52.1

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

16%70.0

FUNDAMENTALS

Market Cap

$245M

P/E (Forward)

—

Gross Margin

28.9%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 9918.TW are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
9918.TW	Shin Shin Natural Gas Company Limited(you)	$245M	47	HOLD
8908.TWO	ShinHsiung Natural Gas Inc.	$408M	44	HOLD
9931.TW	Hsin Kao Gas Co.,Ltd.	$130M	52	HOLD
9908.TW	The Great Taipei Gas Corporation	$465M	55	HOLD
9926.TW	Shin Hai Gas Corporation	$283M	69	BUY
7818.TW	KEMFLO INTERNATIONAL CO. LTD.	$352M	38	HOLD
7740.TW	Seetel New Energy Co., Ltd.	$314M	31	SELL
6994.TW	Foxwell Power Co., Ltd.	$149M	69	BUY
8931.TWO	Ta-Yuan Cogeneration Company Ltd.	$165M	13	STRONG SELL
6869.TW	J&V Energy Technology Co., Ltd.	$365M	3	STRONG SELL

Peer medians: ROE 8.8% · P/E 17.9x · Gross margin 16.0%

Shin Shin Natural Gas Company Limited (9918.TW) — Stock Score Summary

Shin Shin Natural Gas Company Limited (9918.TW) has a MoatMap StockRank of 47/100 based on Quality (73/100), Value (33/100), and Momentum (32/100) factor scores. The current signal is HOLD. Shin Shin Natural Gas is a localized Taiwanese utility with stable but low-growth cash flows, lacking the global reinvestment runway and scale required for our concentrated book.

Key Financial Metrics

Price	$1.37
Market Cap	$245M
P/E (TTM)	27.06
Price/Book	2.43
Return on Equity	9.6%
Return on Invested Capital	7.4%
Debt/Equity	1.22
Gross Margin	28.9%
Operating Margin	19.2%
Revenue Growth	-8.7%
Dividend Yield	3.5%
Free Cash Flow	$64K

Shin Shin Natural Gas Company Limited operates in the Utilities - Regulated Gas industry, part of the Utilities sector (Taiwan).

Frequently Asked Questions

What is Shin Shin Natural Gas Company Limited’s (9918.TW) StockRank?: MoatMap’s StockRank for Shin Shin Natural Gas Company Limited (9918.TW) is 47/100, with a Hold signal. It is a composite of Quality (73), Value (33), and Momentum (32) factor ranks across MoatMap’s 20,000+ stock universe.
Does Shin Shin Natural Gas Company Limited have an economic moat?: Shin Shin Natural Gas Company Limited (9918.TW) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Shin Shin Natural Gas Company Limited a buy, hold, or sell?: MoatMap’s current signal for Shin Shin Natural Gas Company Limited (9918.TW) is Hold, based on a StockRank of 47/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Shin Shin Natural Gas Company Limited in?: Shin Shin Natural Gas Company Limited (9918.TW) operates in the Utilities sector, specifically the Utilities - Regulated Gas industry (Taiwan).