Last 0.66 MYR
Change Today -0.005 / -0.76%
Volume 807.6K
SHIN On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 9:29 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

shin yang shipping corp bhd (SHIN) Snapshot

Open
0.67
Previous Close
0.66
Day High
0.67
Day Low
0.66
52 Week High
07/23/14 - 0.67
52 Week Low
08/30/13 - 0.38
Market Cap
786.0M
Average Volume 10 Days
2.8M
EPS TTM
0.01
Shares Outstanding
1.2B
EX-Date
01/16/13
P/E TM
44.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for SHIN YANG SHIPPING CORP BHD (SHIN)

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shin yang shipping corp bhd (SHIN) Details

Shin Yang Shipping Corporation Berhad, an investment holding company, is engaged in domestic and international shipping, shipbuilding, ship repair, shipping agency, and metal structures fabrication activities in Malaysia. The company transports loose bulk and container cargoes, such as timber logs, sawn timber, plywood, quarry, cement, glue, lubricants, project cargoes, car containers, timber products, light equipment, heavy machinery, vehicles, metal plates, steel products, flour, spare parts, and other cargoes; and general cargoes, including machineries, timber and steel products, and other cargoes. It manages and operates tug boats, barges, container vessels, crew boats, and oil tankers; operates a fleet of 301 vessels with a total gross registered tonnage of 469,847 tonnage; and 3 shipbuilding yards. In addition, the company constructs and fabricates approximately 199 vessels, which include motor launch, dump barges, hopper barges, coastal and deep sea tugboats, landing crafts, container vessels and oil tankers; and is engaged in shipping agency and forwarding works. Further, it provides ship repair and maintenance services comprising replacement of corroded or faulty structures and parts, and piping systems; altering and modifying parts, structures, and fittings; removal and installation of parts and equipment; cleaning, sandblasting, painting, and coating; and replacement of propeller and repainting underwater portion of the hull. Additionally, the company fabricates steel structures for parts of metal bridges, steel structures, and frames; steel structure and parts for jetties; metal buoy for offshore oil and gas industry; and helideck built on top of vessels. It also operates in Australia, Ireland, the United Arab Emirates, Singapore, Brunei, Hong Kong, and internationally. The company is based in Miri, Malaysia. Shin Yang Shipping Corporation Berhad is a subsidiary of Shin Yang Holding Sendirian Berhad.

shin yang shipping corp bhd (SHIN) Top Compensated Officers

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Executives, Board Directors

shin yang shipping corp bhd (SHIN) Key Developments

Shin Yang Shipping Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

Shin Yang Shipping Corporation Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported revenue of MYR 282,751,000 against MYR 220,715,000 a year ago. Profit before tax was MYR 4,289,000 against loss before tax of MYR 4,880,000 a year ago. Profit for the period attributable to owners of the parent was MYR 5,639,000 against loss for the period attributable to owners of the parent of MYR 3,894,000 a year ago. Diluted income per share was 0.47 sen against LPS of 0.32 sen a year ago. Operating profits was MYR 14,544,000 against MYR 5,211,000 a year ago. For the nine months, the company reported revenue of MYR 848,233,000 against MYR 670,108,000 a year ago. Profit before tax was MYR 6,091,000 against loss before tax of MYR 6,955,000 a year ago. Profit for the period attributable to owners of the parent was MYR 6,767,000 against loss for the period attributable to owners of the parent of MYR 7,241,000 a year ago. Diluted income per share was 0.56 sen against LPS of 0.60 sen a year ago. Operating profits was MYR 40,305,000 against MYR 20,303,000 a year ago. Net cash flow from operating activities was MYR 151,228,000 against MYR 43,879,000 a year ago. Capital expenditure was MYR 54,314,000 against MYR 165,844,000 a year ago.

Shin Yang Shipping Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2013

Shin Yang Shipping Corporation Berhad announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported revenue was MYR 268,790,000 against MYR 232,792,000 a year ago. Operating profit was MYR 4,406,000 against loss of MYR 548,000 a year ago. Loss before taxation was MYR 5,271,000 against MYR 12,180,000 a year ago. Loss attributable to equity holders of the parent was MYR 5,190,000 against MYR 12,766,000 a year ago. Basic and diluted loss per share was 0.43 sen against profit of 1.06 sen a year ago. The increase in revenue was mainly attributed to the improvement of revenue generated from the ship new build and repair segments with delivery of 3 units’ new built vessels and repair and maintenance of vessels during the current quarter under review. The loss before tax in current quarter was mainly due to the lower profit margin in international shipping segment. The increase in profit before tax was mainly resulted from the improvement of profit contribution from the commission received in the current quarter as compared to the preceding year's corresponding quarter. For the six months, the company reported revenue was MYR 565,482,000 against MYR 449,393,000 a year ago. Operating profit was MYR 25,761,000 against loss of MYR 15,093,000 a year ago. Profit before taxation was MYR 1,802,000 against loss of MYR 2,075,000 a year ago. Profit attributable to equity holders of the parent was MYR 1,128,000 or 0.09 sen per basic and diluted share against loss of MYR 3,347,000 or 0.28 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 142,299,000 against MYR 43,878,000 a year ago. Capital expenditure was MYR 43,888,000 against MYR 165,844,000 a year ago.

Shin Yang Shipping Corporation Berhad, Annual General Meeting, Dec 23, 2013

Shin Yang Shipping Corporation Berhad, Annual General Meeting, Dec 23, 2013., at 11:00 Singapore Standard Time. Agenda: To consider and table the audited financial statements for the financial year ended June 30, 2013 together with the reports of the directors and auditors thereon; to approve the directors' fees for the financial year ended June 30, 2013; to consider and re-elect the directors; to re-appoint Messrs Ernst &Young as auditors of the company and to authorize the directors to fix their remuneration; to consider proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and to transact any other ordinary business of which due notice shall have been given.

 

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Valuation SHIN Industry Range
Price/Earnings 43.9x
Price/Sales 0.7x
Price/Book 0.7x
Price/Cash Flow 43.8x
TEV/Sales NM Not Meaningful
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