Shin Yang Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Shin Yang Group Berhad has a total shareholder equity of MYR1.3B and total debt of MYR55.5M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are MYR1.6B and MYR273.9M respectively. Shin Yang Group Berhad's EBIT is MYR123.4M making its interest coverage ratio -13.7. It has cash and short-term investments of MYR439.9M.
Key information
4.2%
Debt to equity ratio
RM 55.48m
Debt
| Interest coverage ratio | -13.7x |
| Cash | RM 439.87m |
| Equity | RM 1.33b |
| Total liabilities | RM 273.93m |
| Total assets | RM 1.61b |
Recent financial health updates
Is Shin Yang Group Berhad (KLSE:SYGROUP) A Risky Investment?
Aug 13
Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Mar 15Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) A Risky Investment?
Jun 01Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Oct 08Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
May 12We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Has A Fair Chunk Of Debt
Jan 19Recent updates
Shin Yang Group Berhad (KLSE:SYGROUP) Could Be Riskier Than It Looks
Sep 25Calculating The Fair Value Of Shin Yang Group Berhad (KLSE:SYGROUP)
Sep 03Is Shin Yang Group Berhad (KLSE:SYGROUP) A Risky Investment?
Aug 13Shin Yang Group Berhad (KLSE:SYGROUP) Is Doing The Right Things To Multiply Its Share Price
Jul 17Shin Yang Group Berhad's (KLSE:SYGROUP) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Jun 10Here's Why We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Might Deserve Your Attention Today
May 09Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Is Looking To Continue Growing Its Returns On Capital
Apr 05Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Mar 15Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Shareholders Will Want The ROCE Trajectory To Continue
Dec 01Here's Why We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Might Deserve Your Attention Today
Oct 18Investors Will Want Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Growth In ROCE To Persist
Aug 30Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) A Risky Investment?
Jun 01Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Robust Earnings Are Supported By Other Strong Factors
Mar 07Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Shareholders Will Want The ROCE Trajectory To Continue
Jan 26Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Oct 08Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
May 12Shareholders Are Thrilled That The Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Share Price Increased 116%
Mar 12We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Has A Fair Chunk Of Debt
Jan 19A Look At Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Share Price Returns
Nov 24Financial Position Analysis
Short Term Liabilities: SYGROUP's short term assets (MYR734.9M) exceed its short term liabilities (MYR199.2M).
Long Term Liabilities: SYGROUP's short term assets (MYR734.9M) exceed its long term liabilities (MYR74.7M).
Debt to Equity History and Analysis
Debt Level: SYGROUP has more cash than its total debt.
Reducing Debt: SYGROUP's debt to equity ratio has reduced from 33.5% to 4.2% over the past 5 years.
Debt Coverage: SYGROUP's debt is well covered by operating cash flow (284%).
Interest Coverage: SYGROUP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/13 21:08 |
| End of Day Share Price | 2025/01/13 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shin Yang Group Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sem Ng | OSK-DMG |
| Chin Ng | RHB Investment Bank |
| Wei Tan | TA Securities Holdings Berhad |