Stock Analysis

Shareholders Are Thrilled That The Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Share Price Increased 116%

KLSE:SYGROUP
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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 find a high quality business to buy (at the right price) you can more than double your money! For example, the Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) share price has soared 116% in the last year. Most would be very happy with that, especially in just one year! It's also good to see the share price up 44% over the last quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report. And shareholders have also done well over the long term, with an increase of 44% in the last three years.

See our latest analysis for Shin Yang Shipping Corporation Berhad

Given that Shin Yang Shipping Corporation Berhad didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

In the last year Shin Yang Shipping Corporation Berhad saw its revenue shrink by 11%. We're a little surprised to see the share price pop 116% in the last year. This is a good example of how buyers can push up prices even before the fundamental metrics show much growth. Of course, it could be that the market expected this revenue drop.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

earnings-and-revenue-growth
KLSE:SYSCORP Earnings and Revenue Growth March 13th 2021

Take a more thorough look at Shin Yang Shipping Corporation Berhad's financial health with this free report on its balance sheet.

A Different Perspective

We're pleased to report that Shin Yang Shipping Corporation Berhad shareholders have received a total shareholder return of 116% over one year. That's better than the annualised return of 0.3% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Shin Yang Shipping Corporation Berhad better, we need to consider many other factors. For example, we've discovered 3 warning signs for Shin Yang Shipping Corporation Berhad (1 is significant!) that you should be aware of before investing here.

Of course Shin Yang Shipping Corporation Berhad may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on MY exchanges.

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Valuation is complex, but we're helping make it simple.

Find out whether Shin Yang Group Berhad is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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