Shin Tai Industry Co., Ltd.

1235.TW

1235.TWShin Tai Industry Co., Ltd. TW flag

Taiwan

79.90

TWD

+2.20

(+2.83%)

1.98EPS

40.35P/E

2.57BMarket Cap

Jun 18Next Earn

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ISIN

TW0001235000

Return %

Stock

S&P500

1.32

25.62

174.01

38.63

452.94

85.46

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	2.56	2.11	1.65	1.13	0.7	0.47	0.35	0.38	0.41	0.52	0.27	0.41	0.83	1.5
Basic EPS, GAAP	0.12	0.09	-0.3	0.35	0.31	1.47	2.02	0.7	0.31	0.43	0.54	1.11	1.05	2.27
Free Cash Flow per Basic Share	0.21	-0.14	0.04	-0.11	0.05	1.05	0.25	0.27	0.27	0.88	0.19	-0.26	-0.82	-2.39
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.36	1.71	0.69	- -
Book Value per Share	4	4.07	4.93	4.06	4.34	5.81	7.68	8.15	8.82	9.73	11.46	12.66	19.89	29.57
Tangible Book Value per Share	6.14	6.52	5.73	8.37	9.43	18.2	27.35	33.44	16.99	19.72	23.78	11.14	21.05	45.19
Basic Weighted Avg Shares	151	151	151	152	152	152	152	152	152	152	152	152	91	78
Sales/Revenue/Turnover	387	319	249	171	106	71	53	58	62	79	41	63	76	117
Operating Margin (%)	-3.16	-3.15	-4.95	-24.83	-12.43	-113.19	-84.51	9.82	21.44	22.65	-12.73	3.01	-8.78	-12.92
Depreciation Expense	6	5	4	4	2	2	2	2	1	1	1	1	1	2
Net Income, GAAP	19	13	-46	52	47	224	307	106	47	66	82	169	95	177
Effective Tax Rate (%)	- -	9.12	- -	- -	1.11	2.73	10.64	- -	1.21	6.77	1.64	6.22	8.27	3.16
Profit Margin (%)	4.84	4.13	-18.3	30.6	44.3	313.21	582.23	183.81	75.9	83.53	199.76	268.45	125.75	151.15
Working Capital	439	499	404	706	1,081	1,771	2,665	3,232	1,633	2,039	2,184	-1,136	-1,170	-786
LT Debt	- -	- -	- -	3	275	- -	- -	- -	- -	- -	398	391	359	370
Total Equity	928	985	866	1,268	1,433	2,766	4,158	5,084	2,583	2,997	3,615	1,698	1,915	3,520
Return on Invested Capital (%)	- -	-0.58	- -	- -	-0.52	-2.35	-0.83	- -	0.24	0.41	-0.12	0.05	-0.2	-0.36
Return on Capital (%)	- -	2.1	- -	- -	3.8	12.23	13.85	- -	2.79	3.51	3.89	5.92	4.32	5.07
Return on Common Equity (%)	3.19	2.16	-6.71	7.69	7.36	29.01	29.93	8.81	3.64	4.66	5.1	9.21	5.09	8.51

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	-5.87%	12.04%	20.14%
Net Income, GAAP	19.51%	14.34%	-43.72%
Free Cash Flow	132.75%	-1.01%	87.7%
Total Cash Common Dividend	- -	- -	-75.9%
Total Equity	17.22%	-10.56%	12.81%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Wenteng Ye
Full Time Employees: 19
Sector: Consumer Defensive
Industry: Agricultural Farm Products
Address: 10, Kao-Nang Highway Kaohsiung Taiwan, Province of China
IPO Date: Jan 4, 2000
Website: goldenbrand.com.tw
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Business: Shin Tai Industry Co., Ltd. provides various animal feeds in Taiwan. The company offers fish feeds, including tiger prawn, eel, floating eel, milk fish and tilapia, and cobia feed under the Golden brand. It also provides chicken, pig, dog, duck, and cattle feed. It also exports its products to Mainland China, and Southeastern and Southern Asia countries. Shin Tai Industry Co., Ltd was founded in 1972 and is based in Kaohsiung, Taiwan.

	Mar'24	Jun'24	Sep'24
ST Debt	923	884	855
LT Borrowings	376	373	370
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	38	38	38
Market Capitalization	6,071	7,104	11,878

	Mar'24	Jun'24	Sep'24
Total Current Assets	1,492	2,135	1,546
Accounts Receivable, Net	23	22	17
Cash, Cash Equivalents & STI	1,369	2,089	1,408
Inventories	18	18	21
Total Current Liabilities	2,054	2,193	2,332
Payables & Accruals	- -	- -	- -
ST Debt	923	884	855
Deferred Revenue	- -	- -	- -

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	2.56	2.11	1.65	1.13	0.7	0.47	0.35	0.38	0.41	0.52	0.27	0.41	0.83	1.5
Basic EPS, GAAP	0.12	0.09	-0.3	0.35	0.31	1.47	2.02	0.7	0.31	0.43	0.54	1.11	1.05	2.27
Free Cash Flow per Basic Share	0.21	-0.14	0.04	-0.11	0.05	1.05	0.25	0.27	0.27	0.88	0.19	-0.26	-0.82	-2.39
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.36	1.71	0.69	- -
Book Value per Share	4	4.07	4.93	4.06	4.34	5.81	7.68	8.15	8.82	9.73	11.46	12.66	19.89	29.57
Tangible Book Value per Share	6.14	6.52	5.73	8.37	9.43	18.2	27.35	33.44	16.99	19.72	23.78	11.14	21.05	45.19
Basic Weighted Avg Shares	151	151	151	152	152	152	152	152	152	152	152	152	91	78
Sales/Revenue/Turnover	387	319	249	171	106	71	53	58	62	79	41	63	76	117
Operating Margin (%)	-3.16	-3.15	-4.95	-24.83	-12.43	-113.19	-84.51	9.82	21.44	22.65	-12.73	3.01	-8.78	-12.92
Depreciation Expense	6	5	4	4	2	2	2	2	1	1	1	1	1	2
Net Income, GAAP	19	13	-46	52	47	224	307	106	47	66	82	169	95	177
Effective Tax Rate (%)	- -	9.12	- -	- -	1.11	2.73	10.64	- -	1.21	6.77	1.64	6.22	8.27	3.16
Profit Margin (%)	4.84	4.13	-18.3	30.6	44.3	313.21	582.23	183.81	75.9	83.53	199.76	268.45	125.75	151.15
Working Capital	439	499	404	706	1,081	1,771	2,665	3,232	1,633	2,039	2,184	-1,136	-1,170	-786
LT Debt	- -	- -	- -	3	275	- -	- -	- -	- -	- -	398	391	359	370
Total Equity	928	985	866	1,268	1,433	2,766	4,158	5,084	2,583	2,997	3,615	1,698	1,915	3,520
Return on Invested Capital (%)	- -	-0.58	- -	- -	-0.52	-2.35	-0.83	- -	0.24	0.41	-0.12	0.05	-0.2	-0.36
Return on Capital (%)	- -	2.1	- -	- -	3.8	12.23	13.85	- -	2.79	3.51	3.89	5.92	4.32	5.07
Return on Common Equity (%)	3.19	2.16	-6.71	7.69	7.36	29.01	29.93	8.81	3.64	4.66	5.1	9.21	5.09	8.51

Shin Tai Industry Co., Ltd.

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Capital Structure

Working Capital

Quarterly Dividends Per Share

Year

Quarterly Revenue

Year

Quarterly Earnings Per Share

Year

Year	Q1	Q2	Q3	Q4	FY
2022	1.28	- -	0.61	- -	1.71
2023	- -	- -	- -	- -	0.69
2024	- -	- -	- -	- -	- -