Shin Zu Shing Co., Ltd.

Shin Zu Shing Co., Ltd.

TTWSE:3376
172.50
TWD
-10.00
(-5.48%)
1.45EPS
136.75P/E
38.96BMarket Cap
Nov 17Next Earn
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
43.53
43.4
46.35
44.43
47.45
52.87
65.48
81.76
62.66
61.43
53.62
70.14
54.78
50.98
Basic EPS, GAAP
4.9
6.23
8.84
6.01
4.02
6.53
7.19
8.98
6.04
8.62
4.3
7.15
1.63
1.46
Free Cash Flow per Basic Share
5.4
4.24
9.81
-2.06
4.91
7.75
8.12
9.32
10.09
6.94
10.61
-0.74
-0.7
-3.14
Dividend per Share
4.38
2.94
3.92
3.92
2.94
2.45
3.96
3.9
6.94
5
6
3.95
6
- -
Book Value per Share
54.99
59.47
64.08
64.69
65.8
69.9
73
81.28
80.05
83.93
82.21
91.79
87.81
84.5
Tangible Book Value per Share
54.99
59.47
64.08
64.69
65.8
69.9
73
81.28
80.05
83.93
82.21
91.79
87.81
84.5
Basic Weighted Avg Shares
178
182
182
182
182
182
180
186
194
192
188
190
196
195
Sales/Revenue/Turnover
7,768
7,906
8,454
8,105
8,656
9,645
11,819
15,233
12,141
11,825
10,068
13,327
10,723
9,962
Operating Margin (%)
13.85
15.01
24.04
18.19
15.13
15.63
16.31
17.71
12.87
13.33
8.89
9.39
1.56
-1.77
Depreciation Expense
511
501
530
595
723
691
692
699
629
629
597
542
531
556
Net Income, GAAP
874
1,136
1,613
1,096
733
1,191
1,298
1,673
1,170
1,659
807
1,359
318
284
Effective Tax Rate (%)
27.41
22.39
23.55
26.24
30.29
30.83
35.47
31.58
28.36
26.85
30.59
27.52
40.78
24.51
Profit Margin (%)
11.25
14.36
19.08
13.52
8.46
12.35
10.98
10.98
9.63
14.03
8.02
10.2
2.97
2.85
Working Capital
6,345
7,011
5,985
4,957
5,064
6,599
7,570
9,905
9,917
7,669
7,070
9,691
7,163
6,130
LT Debt
- -
- -
- -
- -
- -
- -
13
73
745
62
31
752
754
753
Total Equity
9,878
10,853
11,690
11,801
12,003
12,750
13,446
15,720
15,527
15,880
15,553
17,969
17,190
16,542
Return on Invested Capital (%)
6.85
8.01
11.84
7.69
6.6
7.49
8.61
11.51
6.59
6.51
3.56
4.99
0.53
-0.74
Return on Capital (%)
8
10.1
12.61
8.07
5.41
8.68
9.15
10.62
6.95
9.64
4.68
7.63
1.78
1.7
Return on Common Equity (%)
9.06
10.96
14.31
9.33
6.16
9.63
9.91
11.47
7.49
10.57
5.14
8.11
1.81
1.72

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
348
601
901
LT Borrowings
743
746
747
LT Finance Leases
12
8
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
196
196
196
Market Capitalization
39,642
37,391
38,957

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,994
10,778
11,202
Cash, Cash Equivalents & STI
4,404
4,471
4,440
Accounts Receivable, Net
3,946
3,615
3,821
Inventories
1,970
1,995
2,064
Total Current Liabilities
3,831
3,894
5,072
Payables & Accruals
- -
- -
- -
ST Debt
348
601
901
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.15%
2.04%
-4.33%
Free Cash Flow
-45.9%
-15.9%
-2.44%
Net Income, GAAP
-1.25%
-9.56%
-76.59%
Sales/Revenue/Turnover
4.06%
-4.98%
-19.54%
Total Cash Common Dividend
- -
19.32%
56.4%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,889
3,480
3,668
3,290
13,327
2025
2,806
2,940
2,650
2,328
10,723
2026
2,353
2,631
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.68
2.18
1.77
1.53
7.15
2025
1.13
-0.46
0.59
0.39
1.63
2026
0.15
0.32
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.95
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chao Tsung Juan
Full Time Employees
3,390
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 174, Jyunying Street New Taipei TP Taiwan 238
IPO Date
Aug 11, 2004
Business
Shin Zu Shing Co., Ltd. (3376.TW) manufactures and sells precision mechanical components for consumer electronics and computing devices, including hinge assemblies for notebook computers, LCD monitors, and 3C products; precision springs and stamping parts; metal injection molding (MIM) products combining powder metallurgy and injection technologies; CNC lathe components; precision bearings; key brain components; computer peripherals; switch shafts and accessories; LCD monitor base brackets; molds; and plastic parts, with additional offerings for digital cameras, electric bicycle components, and other electronic products. Founded in 1965 and headquartered in New Taipei City, Taiwan, the company operates production facilities in Taiwan, Singapore, and China, serving global markets through its segments of Hinge Products, MIM Products, and Others. Recent developments include subsidiary Shin Zu Shing Precision Electron (Suzhou) Co., Ltd. approving capital increases from earnings totaling USD 20 million in August 2024 and February 2025 to support operational and factory expansions; a February 2025 announcement for mandated building construction on rented land in Suzhou; a November 2024 construction contract worth approximately CNY 134.6 million for facility development; completion of a 2024 cash capital increase with full subscription; and approval for issuing third domestic unsecured convertible corporate bonds with extended fundraising timelines into 2024.