Shin Tai Industry Co. Ltd.

Shin Tai Industry Co. Ltd.

TTWSE:1235
30.40
TWD
+0.50
(+1.67%)
-1.58EPS
1.65BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.31
0.9
0.55
0.37
0.28
0.3
0.32
0.41
0.21
0.33
0.64
0.88
1.54
4.21
Basic EPS, GAAP
-0.24
0.27
0.25
1.17
1.6
0.55
0.24
0.34
0.43
0.88
0.8
0.06
-0.03
-0.77
Free Cash Flow per Basic Share
0.03
-0.09
0.04
0.83
0.19
0.21
0.21
0.7
0.15
-0.21
-0.63
-0.41
-1.21
-1.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.28
1.36
0.53
0.27
0.32
- -
Book Value per Share
4.37
6.4
7.48
14.44
21.71
26.54
13.49
15.65
18.26
32.78
35.71
68.55
60.65
55.38
Tangible Book Value per Share
4.37
6.4
7.48
14.44
21.71
26.54
13.49
15.65
18.26
32.78
35.71
68.55
60.65
55.38
Basic Weighted Avg Shares
190
191
192
192
192
192
192
192
192
192
119
128
114
48
Sales/Revenue/Turnover
249
171
106
71
53
58
62
79
41
63
76
113
176
201
Operating Margin (%)
-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
-1.92
Depreciation Expense
4
4
2
2
2
2
1
1
1
1
1
3
3
4
Net Income, GAAP
-46
52
47
224
307
106
47
66
82
169
95
7
-3
-37
Effective Tax Rate (%)
- -
- -
1.11
2.73
10.64
- -
1.21
6.77
1.64
6.22
8.27
- -
- -
- -
Profit Margin (%)
-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
-18.23
Working Capital
404
706
1,081
1,771
2,665
3,232
1,633
2,039
2,184
-1,136
-1,170
-453
-1,237
-1,071
LT Debt
- -
3
275
- -
- -
- -
- -
- -
398
391
359
382
- -
329
Total Equity
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
2,863
Return on Invested Capital (%)
- -
- -
-0.52
-2.35
-0.83
- -
0.54
0.45
-0.12
0.26
-0.16
- -
- -
- -
Return on Capital (%)
- -
- -
2.72
7.37
6.81
- -
1.46
2.3
2.32
4.65
4.62
- -
- -
- -
Return on Common Equity (%)
-4.94
4.91
3.48
10.66
8.86
2.29
1.22
2.35
2.48
6.49
5.74
0.29
-0.1
-1.38

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
856
760
493
LT Borrowings
- -
- -
329
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
2,057
1,746
1,655

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,108
945
817
Cash, Cash Equivalents & STI
952
815
709
Accounts Receivable, Net
61
64
20
Inventories
67
52
46
Total Current Liabilities
2,345
2,177
1,888
Payables & Accruals
- -
- -
- -
ST Debt
856
760
493
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

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

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
24
33
39
113
2025
28
40
51
56
176
2026
59
34
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
1.07
1.14
-3
0.06
2025
0.22
1.14
0.15
-1.57
-0.03
2026
-1.24
1.89
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.27
2025
- -
- -
- -
- -
0.32
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hsing Cheng Wu
Full Time Employees
19
Sector
Consumer non-durables
Industry
Food: major diversified
Address
10, Kao-Nang Highway Kaohsiung City KH Taiwan 811
IPO Date
Sep 11, 2000
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.