1. Taiwan, Province of China Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Shin Tai Industry Co., Ltd.

Shin Tai Industry Co., Ltd.

1235.TW
Shin Tai Industry Co., Ltd.TW flagTaiwan Stock Exchange
36.00
TWD
+0.05
- -
1.36BMarket Cap
Shin Tai Industry Co., Ltd.
1235.TW
(Taiwan Stock Exchange)

Recent

price

36.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.19
2.56
2.11
1.65
0.94
0.7
0.47
0.29
0.32
0.34
0.43
0.23
0.34
0.67
0.92
- -
2.19
Revenue per Share
0.08
0.12
0.09
-0.3
0.29
0.31
1.47
1.68
0.58
0.26
0.36
0.45
0.93
0.84
0.06
- -
-0.04
Basic EPS, GAAP
0.27
0.21
-0.14
0.04
-0.09
0.05
1.05
0.2
0.23
0.22
0.74
0.15
-0.22
-0.66
-0.43
- -
-1.72
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.3
1.43
0.56
0.29
- -
- -
Dividend per Share
3.14
4
4.07
4.93
3.39
4.34
5.81
6.4
6.79
7.35
8.11
9.55
10.55
16.02
17.81
- -
32.18
Book Value per Share
5.08
6.14
6.52
5.73
6.97
9.43
18.2
22.8
27.87
14.16
16.43
19.82
9.28
16.95
29.84
- -
39.43
Tangible Book Value per Share
182
151
151
151
182
152
152
182
182
182
182
182
183
113
122
- -
80
Basic Weighted Avg Shares
397
387
319
249
171
106
71
53
58
62
79
41
63
76
113
176
176
Sales/Revenue/Turnover
-5.35
-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
-7.64
-2.92
-2.92
Operating Margin (%)
8
6
5
4
4
2
2
2
2
1
1
1
1
1
3
3
3
Depreciation Expense
15
19
13
-46
52
47
224
307
106
47
66
82
169
95
7
-3
-3
Net Income, GAAP
15.45
- -
9.12
- -
- -
1.11
2.73
10.64
- -
1.21
6.77
1.64
6.22
8.27
- -
- -
107.93
Effective Tax Rate (%)
3.8
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
6.38
-1.67
-1.67
Profit Margin (%)
515
439
499
404
706
1,081
1,771
2,665
3,232
1,633
2,039
2,184
-1,136
-1,170
-453
-1,237
-1,237
Working Capital
- -
- -
- -
- -
3
275
- -
- -
- -
- -
- -
398
391
359
382
- -
- -
LT Debt
922
928
985
866
1,268
1,433
2,766
4,158
5,084
2,583
2,997
3,615
1,698
1,915
3,648
3,161
3,161
Total Equity
-1.51
- -
-0.58
- -
- -
-0.52
-2.35
-0.83
- -
0.24
0.41
-0.12
0.05
-0.2
- -
- -
- -
Return on Invested Capital (%)
2.49
- -
2.1
- -
- -
3.8
12.23
13.85
- -
2.79
3.51
3.89
5.92
4.32
- -
- -
35.94
Return on Capital (%)
2.68
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
0.36
-0.12
-0.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
956
895
856
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
45
45
Market Capitalization
5,329
4,202
3,627

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
973
999
1,108
Cash, Cash Equivalents & STI
845
835
952
Accounts Receivable, Net
38
52
61
Inventories
74
94
67
Total Current Liabilities
2,489
2,418
2,345
Payables & Accruals
- -
- -
- -
ST Debt
956
895
856
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.99%
11.5%
-13.34%
Free Cash Flow
198.85%
-19.95%
162.38%
Net Income, GAAP
18.68%
-29.17%
-140.84%
Sales/Revenue/Turnover
11.56%
26.13%
55.97%
Total Cash Common Dividend
- -
- -
4.6%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
6
9
17
43
76
2024
17
24
33
39
113
2025
28
40
51
56
176

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.21
-0.54
1.27
- -
0.84
2024
0.2
1.35
1.43
- -
0.06
2025
0.07
1.43
0.16
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.56
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
- -
Similar Companies
Tongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A (600506.SS)
Kalera Public Limited Company (KAL)
Sadot Group Inc. (SDOT)
Nitto Fuji Flour Milling Co.,Ltd. (2003.T)
Scales Corporation Limited (SCL.NZ)
PT Palma Serasih Tbk (PSGO.JK)
Business
Shin Tai Industry Co., Ltd. engages primarily in the manufacture and sale of animal feeds, focusing on fish, shrimp, poultry, and livestock feed products under its Golden brand. Its product portfolio includes specialized fish feeds for tiger prawn, eel, floating eel, milkfish, tilapia, and cobia, as well as shrimp feeds and various livestock feeds for ducks, chickens, and pigs. The company also deals in agricultural raw materials such as corn and manioc. Founded in 1972 and headquartered in Kaohsiung, Taiwan, Shin Tai operates mainly in the domestic market with exports to Mainland China and Southeast and South Asian countries. Beyond feed production, Shin Tai Industry provides comprehensive animal nutrition solutions tailored to aquaculture and livestock industries, leveraging its expertise in feed formulation and manufacturing. The company has maintained a strong commitment to quality, supported by technological capabilities in feed processing and distribution. In recent developments within the past two years, Shin Tai Industry has focused on strategic expansions and improving operational efficiencies, though specific landmark events such as mergers, acquisitions, or major product launches in feed or related segments were not prominently reported. The company continues to stabilize financial performance amidst industry challenges, emphasizing its core competencies in animal feed production and regional market growth. Shin Tai’s ongoing efforts are geared towards reinforcing its market position in Asia through product quality enhancements and customer service improvements. Shin Tai Industry's business segments primarily revolve around animal nutrition and feedstuff manufacturing, serving aquaculture, poultry, and livestock sectors. Its geographic footprint centers on Taiwan with significant export activities targeting neighboring Asian markets. The company's operations are supported by manufacturing facilities equipped with modern feed production technologies designed for high efficiency and consistent product quality. Overall, Shin Tai Industry Co., Ltd. positions itself as a key supplier in the animal feed industry with a broad product range under the Golden brand, a solid regional presence, and a focus on sustainable growth and operational excellence in the aquaculture and livestock feed markets.