Shin Zu Shing Co., Ltd. Logo

Shin Zu Shing Co., Ltd.

3376.TW

(2.2)
Stock Price

215,50 TWD

5.3% ROA

5.21% ROE

28.85x PER

Market Cap.

22.623.634.000,00 TWD

14.85% DER

4.98% Yield

8.02% NPM

Shin Zu Shing Co., Ltd. Stock Analysis

Shin Zu Shing Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Shin Zu Shing Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (15%), which means it has a small amount of debt compared to the ownership it holds

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

ROE in an average range (7.85%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (8.88%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.64x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Buffet Intrinsic Value

The company's stock seems undervalued (1.023) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Shin Zu Shing Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Shin Zu Shing Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Shin Zu Shing Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Shin Zu Shing Co., Ltd. Revenue
Year Revenue Growth
2006 4.037.679.000
2007 5.140.164.000 21.45%
2008 6.405.741.000 19.76%
2009 7.029.117.000 8.87%
2010 6.672.682.000 -5.34%
2011 7.802.479.000 14.48%
2012 8.126.504.000 3.99%
2013 7.767.823.000 -4.62%
2014 7.906.320.000 1.75%
2015 8.453.905.000 6.48%
2016 8.105.073.000 -4.3%
2017 8.656.049.000 6.37%
2018 9.644.924.000 10.25%
2019 11.818.610.000 18.39%
2020 15.232.783.000 22.41%
2021 12.140.949.000 -25.47%
2022 11.824.698.000 -2.67%
2023 11.406.660.000 -3.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Shin Zu Shing Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 87.974.000
2007 140.372.000 37.33%
2008 167.691.000 16.29%
2009 185.401.000 9.55%
2010 149.972.000 -23.62%
2011 152.795.000 1.85%
2012 158.262.000 3.45%
2013 151.709.000 -4.32%
2014 151.729.000 0.01%
2015 175.449.000 13.52%
2016 145.359.000 -20.7%
2017 299.659.000 51.49%
2018 187.866.000 -59.51%
2019 266.410.000 29.48%
2020 257.518.000 -3.45%
2021 253.252.000 -1.68%
2022 198.327.000 -27.69%
2023 379.736.000 47.77%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Shin Zu Shing Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 139.990.000
2007 186.652.000 25%
2008 256.663.000 27.28%
2009 282.617.000 9.18%
2010 344.421.000 17.94%
2011 409.250.000 15.84%
2012 543.689.000 24.73%
2013 498.460.000 -9.07%
2014 479.193.000 -4.02%
2015 455.737.000 -5.15%
2016 432.845.000 -5.29%
2017 421.224.000 -2.76%
2018 468.834.000 10.15%
2019 415.605.000 -12.81%
2020 494.318.000 15.92%
2021 419.115.000 -17.94%
2022 497.025.000 15.68%
2023 473.916.000 -4.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Shin Zu Shing Co., Ltd. EBITDA
Year EBITDA Growth
2006 1.350.005.000
2007 1.795.219.000 24.8%
2008 1.978.595.000 9.27%
2009 2.002.614.000 1.2%
2010 1.273.405.000 -57.26%
2011 1.075.209.000 -18.43%
2012 1.932.879.000 44.37%
2013 1.732.746.000 -11.55%
2014 1.976.227.000 12.32%
2015 2.655.850.000 25.59%
2016 2.109.864.000 -25.88%
2017 1.785.951.000 -18.14%
2018 2.417.740.000 26.13%
2019 2.708.333.000 10.73%
2020 3.154.407.000 14.14%
2021 2.254.360.000 -39.92%
2022 2.925.281.000 22.94%
2023 2.243.804.000 -30.37%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Shin Zu Shing Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 1.557.486.000
2007 1.983.252.000 21.47%
2008 2.121.629.000 6.52%
2009 2.283.765.000 7.1%
2010 1.580.472.000 -44.5%
2011 1.301.888.000 -21.4%
2012 2.346.289.000 44.51%
2013 1.997.273.000 -17.47%
2014 2.151.698.000 7.18%
2015 2.972.663.000 27.62%
2016 2.215.625.000 -34.17%
2017 2.220.230.000 0.21%
2018 2.325.202.000 4.51%
2019 2.788.966.000 16.63%
2020 3.654.877.000 23.69%
2021 2.438.607.000 -49.88%
2022 2.501.716.000 2.52%
2023 2.168.340.000 -15.37%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Shin Zu Shing Co., Ltd. Net Profit
Year Net Profit Growth
2006 946.505.000
2007 1.215.300.000 22.12%
2008 1.185.613.000 -2.5%
2009 1.442.501.000 17.81%
2010 742.981.000 -94.15%
2011 360.781.000 -105.94%
2012 980.976.000 63.22%
2013 873.976.000 -12.24%
2014 1.135.519.000 23.03%
2015 1.612.798.000 29.59%
2016 1.095.777.000 -47.18%
2017 732.605.000 -49.57%
2018 1.191.456.000 38.51%
2019 1.297.956.000 8.21%
2020 1.672.971.000 22.42%
2021 1.169.603.000 -43.04%
2022 1.659.184.000 29.51%
2023 1.201.932.000 -38.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Shin Zu Shing Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 7
2007 8 25%
2008 8 0%
2009 10 11.11%
2010 5 -125%
2011 2 -100%
2012 6 60%
2013 5 -25%
2014 6 33.33%
2015 9 25%
2016 6 -33.33%
2017 4 -50%
2018 7 33.33%
2019 7 14.29%
2020 9 22.22%
2021 6 -50%
2022 9 25%
2023 6 -33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Shin Zu Shing Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 203.368.000
2007 -1.995.000 10293.88%
2008 433.375.000 100.46%
2009 1.376.271.000 68.51%
2010 611.292.000 -125.14%
2011 705.195.000 13.32%
2012 -227.277.000 410.28%
2013 1.327.671.000 117.12%
2014 763.288.000 -73.94%
2015 1.792.675.000 57.42%
2016 -375.422.000 577.51%
2017 895.488.000 141.92%
2018 1.428.881.000 37.33%
2019 1.456.100.000 1.87%
2020 1.736.380.000 16.14%
2021 1.954.617.000 11.17%
2022 1.336.588.000 -46.24%
2023 20.188.000 -6520.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Shin Zu Shing Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 877.097.000
2007 762.703.000 -15%
2008 1.278.339.000 40.34%
2009 1.678.029.000 23.82%
2010 1.094.941.000 -53.25%
2011 1.129.380.000 3.05%
2012 1.417.524.000 20.33%
2013 1.548.854.000 8.48%
2014 1.759.733.000 11.98%
2015 2.249.749.000 21.78%
2016 1.334.088.000 -68.64%
2017 1.655.109.000 19.4%
2018 1.617.593.000 -2.32%
2019 1.730.129.000 6.5%
2020 2.120.968.000 18.43%
2021 2.232.972.000 5.02%
2022 1.532.212.000 -45.74%
2023 34.360.000 -4359.29%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Shin Zu Shing Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 673.729.000
2007 764.698.000 11.9%
2008 844.964.000 9.5%
2009 301.758.000 -180.01%
2010 483.649.000 37.61%
2011 424.185.000 -14.02%
2012 1.644.801.000 74.21%
2013 221.183.000 -643.64%
2014 996.445.000 77.8%
2015 457.074.000 -118.01%
2016 1.709.510.000 73.26%
2017 759.621.000 -125.05%
2018 188.712.000 -302.53%
2019 274.029.000 31.13%
2020 384.588.000 28.75%
2021 278.355.000 -38.16%
2022 195.624.000 -42.29%
2023 14.172.000 -1280.36%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Shin Zu Shing Co., Ltd. Equity
Year Equity Growth
2006 3.496.178.000
2007 4.528.392.000 22.79%
2008 5.681.246.000 20.29%
2009 7.701.860.000 26.24%
2010 7.461.988.000 -3.21%
2011 7.702.010.000 3.12%
2012 9.437.761.000 18.39%
2013 9.870.340.000 4.38%
2014 10.847.550.000 9.01%
2015 11.689.663.000 7.2%
2016 11.800.754.000 0.94%
2017 12.003.408.000 1.69%
2018 12.750.477.000 5.86%
2019 13.445.601.000 5.17%
2020 15.720.043.000 14.47%
2021 15.526.781.000 -1.24%
2022 15.880.416.000 2.23%
2023 15.443.470.000 -2.83%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Shin Zu Shing Co., Ltd. Assets
Year Assets Growth
2006 5.210.963.000
2007 7.129.752.000 26.91%
2008 10.436.838.000 31.69%
2009 11.570.285.000 9.8%
2010 11.341.657.000 -2.02%
2011 12.687.327.000 10.61%
2012 14.027.613.000 9.55%
2013 13.325.254.000 -5.27%
2014 14.305.603.000 6.85%
2015 17.018.627.000 15.94%
2016 16.168.716.000 -5.26%
2017 16.183.963.000 0.09%
2018 17.318.648.000 6.55%
2019 19.527.327.000 11.31%
2020 22.410.520.000 12.87%
2021 21.356.562.000 -4.94%
2022 21.440.440.000 0.39%
2023 21.714.575.000 1.26%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Shin Zu Shing Co., Ltd. Liabilities
Year Liabilities Growth
2006 1.714.785.000
2007 2.601.360.000 34.08%
2008 4.755.592.000 45.3%
2009 3.868.425.000 -22.93%
2010 3.879.669.000 0.29%
2011 4.985.317.000 22.18%
2012 4.576.822.000 -8.93%
2013 3.447.685.000 -32.75%
2014 3.453.037.000 0.15%
2015 5.328.964.000 35.2%
2016 4.367.962.000 -22%
2017 4.180.555.000 -4.48%
2018 4.568.171.000 8.49%
2019 6.081.726.000 24.89%
2020 6.690.477.000 9.1%
2021 5.829.781.000 -14.76%
2022 5.560.024.000 -4.85%
2023 6.271.105.000 11.34%

Shin Zu Shing Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
50.77
Net Income per Share
4.18
Price to Earning Ratio
28.85x
Price To Sales Ratio
2.37x
POCF Ratio
9.29
PFCF Ratio
9.84
Price to Book Ratio
1.47
EV to Sales
2.37
EV Over EBITDA
12.92
EV to Operating CashFlow
9.27
EV to FreeCashFlow
9.81
Earnings Yield
0.03
FreeCashFlow Yield
0.1
Market Cap
22,62 Bil.
Enterprise Value
22,57 Bil.
Graham Number
87.9
Graham NetNet
23.71

Income Statement Metrics

Net Income per Share
4.18
Income Quality
2.18
ROE
0.05
Return On Assets
0.04
Return On Capital Employed
0.08
Net Income per EBT
0.69
EBT Per Ebit
0.96
Ebit per Revenue
0.12
Effective Tax Rate
0.31

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
0.12
Pretax Profit Margin
0.12
Net Profit Margin
0.08

Dividends

Dividend Yield
0.05
Dividend Yield %
4.98
Payout Ratio
0
Dividend Per Share
6

Operating Metrics

Operating Cashflow per Share
12.97
Free CashFlow per Share
12.25
Capex to Operating CashFlow
-0.06
Capex to Revenue
-0.01
Capex to Depreciation
-0.22
Return on Invested Capital
0.04
Return on Tangible Assets
0.05
Days Sales Outstanding
160.38
Days Payables Outstanding
110.73
Days of Inventory on Hand
71.74
Receivables Turnover
2.28
Payables Turnover
3.3
Inventory Turnover
5.09
Capex per Share
-0.72

Balance Sheet

Cash per Share
36,32
Book Value per Share
82,23
Tangible Book Value per Share
82.23
Shareholders Equity per Share
82.23
Interest Debt per Share
12.33
Debt to Equity
0.15
Debt to Assets
0.11
Net Debt to EBITDA
-0.03
Current Ratio
2.23
Tangible Asset Value
8,53 Bil.
Net Current Asset Value
6,54 Bil.
Invested Capital
0.15
Working Capital
7,06 Bil.
Intangibles to Total Assets
0.32
Average Receivables
3,75 Bil.
Average Payables
2,06 Bil.
Average Inventory
1516003000
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Shin Zu Shing Co., Ltd. Dividends
Year Dividends Growth
2008 3
2009 4 0%
2010 5 40%
2011 3 -150%
2012 1 -100%
2013 4 75%
2014 3 -100%
2015 4 33.33%
2016 2 -200%
2017 1 0%
2018 2 50%
2019 2 -100%
2020 4 66.67%
2021 7 50%
2022 5 -20%
2023 6 16.67%

Shin Zu Shing Co., Ltd. Profile

About Shin Zu Shing Co., Ltd.

Shin Zu Shing Co., Ltd. manufactures and sells precision springs, stamped parts, and hinge assemblies in Taiwan. It also provides metal injection molding (MIM) and lathe products. The company offers its products for use in notebook and tablet PCs, LCD monitors, and MIM products, as well as communication, computer, and consumer products. The company was formerly known as Zu Shing Spring and Mechanical Co., Ltd. and changed its name to Shin Zu Shing Co., Ltd. in 1997. The company was founded in 1965 and is headquartered in New Taipei City, Taiwan.

CEO
Min-Wen Wu
Employee
3.028
Address
No. 174, Jyunying Street
New Taipei City, 23863

Shin Zu Shing Co., Ltd. Executives & BODs

Shin Zu Shing Co., Ltd. Executives & BODs
# Name Age
1 Mr. Qing-Zheng Lin
President
70
2 Li-Juan You
Vice President
70
3 Sheng-Nan Lu
President & Director
70
4 Min-Wen Wu
President
70
5 Ya-Fen Fan
Accounting Officer
70
6 Shih-Chin Weng
Vice President
70

Shin Zu Shing Co., Ltd. Competitors