| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SYSCORP Overview
Shin Yang Shipping Corporation Berhad provides shipping, shipbuilding, and ship repair services in Malaysia, the United Arab Emirates, Singapore, Japan, the Netherlands, and Taiwan.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM0.34 |
| 52 Week High | RM0.14 |
| 52 Week Low | RM0.47 |
| Beta | 1.17 |
| 1 Month Change | -1.47% |
| 3 Month Change | -4.29% |
| 1 Year Change | 116.13% |
| 3 Year Change | 3.08% |
| 5 Year Change | 31.37% |
| Change since IPO | -69.82% |
Recent News & Updates
Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Shareholders Are Thrilled That The Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Share Price Increased 116%
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. On the other hand, if you...
Shareholder Returns
| SYSCORP | MY Shipping | MY Market | |
|---|---|---|---|
| 7D | -1.5% | -0.1% | -0.7% |
| 1Y | 116.1% | -4.0% | 6.2% |
Return vs Industry: SYSCORP exceeded the MY Shipping industry which returned -4% over the past year.
Return vs Market: SYSCORP exceeded the MY Market which returned 6.2% over the past year.
Price Volatility
| SYSCORP volatility | |
|---|---|
| SYSCORP Beta | 1.17 |
| Industry Beta | 0.31 |
| Market Beta | 1 |
Stable Share Price: SYSCORP is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SYSCORP's weekly volatility has decreased from 12% to 6% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 730 | Hien Ting | https://www.syshippingcorp.com.my |
Shin Yang Shipping Corporation Berhad provides shipping, shipbuilding, and ship repair services in Malaysia, the United Arab Emirates, Singapore, Japan, the Netherlands, and Taiwan. It transports loose bulk and container cargoes, such as timber logs, sawn timber, plywood, quarry, cement, glue, lubricants, project cargoes, car containers, timber products, light equipment, heavy machinery, vehicles, metal plates, steel products, flour, spare parts, and other cargoes; general cargoes, including machineries, timber and steel products, and others; and aggregates comprising limestone, quarry, armour rocks, core, gabbro, and clinker, as well as charters and sells ships. The company operates a fleet of 245 vessels in Malaysia and 54 vessels in the Middle East.
Shin Yang Shipping Corporation Berhad Fundamentals Summary
| SYSCORP fundamental statistics | |
|---|---|
| Market Cap | RM391.27m |
| Earnings (TTM) | RM16.62m |
| Revenue (TTM) | RM610.94m |
23.6x
P/E Ratio0.6x
P/S RatioIs SYSCORP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SYSCORP income statement (TTM) | |
|---|---|
| Revenue | RM610.94m |
| Cost of Revenue | RM574.41m |
| Gross Profit | RM36.53m |
| Expenses | RM19.92m |
| Earnings | RM16.62m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.014 |
| Gross Margin | 5.98% |
| Net Profit Margin | 2.72% |
| Debt/Equity Ratio | 26.7% |
How did SYSCORP perform over the long term?
See historical performance and comparisonValuation
Is Shin Yang Shipping Corporation Berhad undervalued compared to its fair value and its price relative to the market?
34.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SYSCORP (MYR0.34) is trading below our estimate of fair value (MYR0.51)
Significantly Below Fair Value: SYSCORP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SYSCORP is poor value based on its PE Ratio (23.6x) compared to the MY Shipping industry average (16.4x).
PE vs Market: SYSCORP is poor value based on its PE Ratio (23.6x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SYSCORP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SYSCORP is good value based on its PB Ratio (0.4x) compared to the MY Shipping industry average (0.9x).
Future Growth
How is Shin Yang Shipping Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-22.8%
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shin Yang Shipping Corporation Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Shin Yang Shipping Corporation Berhad performed over the past 5 years?
-50.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYSCORP has high quality earnings.
Growing Profit Margin: SYSCORP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SYSCORP has become profitable over the past 5 years, growing earnings by -50.4% per year.
Accelerating Growth: SYSCORP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SYSCORP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (52.2%).
Return on Equity
High ROE: SYSCORP's Return on Equity (1.9%) is considered low.
Financial Health
How is Shin Yang Shipping Corporation Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: SYSCORP's short term assets (MYR367.8M) exceed its short term liabilities (MYR350.0M).
Long Term Liabilities: SYSCORP's short term assets (MYR367.8M) exceed its long term liabilities (MYR99.4M).
Debt to Equity History and Analysis
Debt Level: SYSCORP's debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: SYSCORP's debt to equity ratio has reduced from 40.3% to 26.7% over the past 5 years.
Debt Coverage: SYSCORP's debt is well covered by operating cash flow (34.9%).
Interest Coverage: SYSCORP's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Dividend
What is Shin Yang Shipping Corporation Berhad current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SYSCORP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SYSCORP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SYSCORP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SYSCORP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SYSCORP is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SYSCORP's dividend in 3 years as they are not forecast to pay a notable one for the MY market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.8yrs
Average board tenure
CEO
Hien Ting (66 yo)
no data
Tenure
Captain. Hien Liong Ting serves as Chief Executive Officer of Shin Yang Shipping Corporation Berhad and is responsible for its daily operations. Captain Ting joined Shin Yang Shipping as General Manager in...
Board Members
Experienced Board: SYSCORP's board of directors are seasoned and experienced ( 11.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shin Yang Shipping Corporation Berhad's employee growth, exchange listings and data sources
Key Information
- Name: Shin Yang Shipping Corporation Berhad
- Ticker: SYSCORP
- Exchange: KLSE
- Founded: 2004
- Industry: Marine
- Sector: Transportation
- Market Cap: RM391.271m
- Shares outstanding: 1.17b
- Website: https://www.syshippingcorp.com.my
Number of Employees
Location
- Shin Yang Shipping Corporation Berhad
- Sublot 153 (Parent Lot 70)
- Jalan Kuala Baram
- Miri
- Sarawak
- 98100
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/24 15:39 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.