GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

Shin Zu Shing Co 3376.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

Compare

116.00

+5.94%

Close of 9 Nov 2026, in TWD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 10.72bn

FY2016FY2025

Net income

TWD 318.3m

FY2016FY2025

Free cash flow

−TWD 137.5m

FY2016FY2025

Shareholders' equity

TWD 17.19bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 10.72bnTWD 13.33bnTWD 10.07bnTWD 11.82bnTWD 12.14bnTWD 15.23bnTWD 11.82bnTWD 9.64bnTWD 8.66bnTWD 8.11bn
Gross profitTWD 1.37bnTWD 2.46bnTWD 1.80bnTWD 2.50bnTWD 2.44bnTWD 3.65bnTWD 2.79bnTWD 2.33bnTWD 2.22bnTWD 2.22bn
Research and developmentTWD 618.7mTWD 517.0mTWD 313.9mTWD 198.3mTWD 253.3mTWD 257.5mTWD 266.4mTWD 187.9mTWD 299.7mTWD 145.4m
Operating incomeTWD 167.7mTWD 1.25bnTWD 928.1mTWD 2.30bnTWD 1.62bnTWD 2.46bnTWD 2.02bnTWD 1.51bnTWD 1.31bnTWD 1.50bn
Net incomeTWD 318.3mTWD 1.36bnTWD 807.4mTWD 1.66bnTWD 1.17bnTWD 1.67bnTWD 1.30bnTWD 1.19bnTWD 732.6mTWD 1.10bn
Diluted earnings per share1.636.644.308.846.049.037.176.584.056.04

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 22.23bnTWD 23.27bnTWD 21.55bnTWD 21.44bnTWD 21.36bnTWD 22.41bnTWD 19.53bnTWD 17.32bnTWD 16.18bnTWD 16.17bn
Cash and short-term investmentsTWD 4.40bnTWD 6.16bnTWD 6.58bnTWD 6.46bnTWD 7.95bnTWD 8.00bnTWD 6.13bnTWD 5.34bnTWD 4.90bnTWD 1.87bn
Total liabilitiesTWD 5.04bnTWD 5.30bnTWD 6.00bnTWD 5.56bnTWD 5.83bnTWD 6.69bnTWD 6.08bnTWD 4.57bnTWD 4.18bnTWD 4.37bn
DebtTWD 1.09bnTWD 790.6mTWD 1.88bnTWD 1.89bnTWD 1.28bnTWD 1.25bnTWD 1.21bnTWD 1.01bnTWD 1.73bnTWD 1.85bn
Shareholders' equityTWD 17.19bnTWD 17.97bnTWD 15.55bnTWD 15.88bnTWD 15.53bnTWD 15.72bnTWD 13.45bnTWD 12.75bnTWD 12.00bnTWD 11.80bn
Shares outstanding196m205m188m188m194m185m181m181m181m181m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 1.20bnTWD 641.6mTWD 2.11bnTWD 1.53bnTWD 2.23bnTWD 2.12bnTWD 1.73bnTWD 1.62bnTWD 1.66bnTWD 1.33bn
Capital spending−TWD 1.34bn−TWD 782.5m−TWD 117.9m−TWD 195.6m−TWD 278.4m−TWD 384.6m−TWD 274.0m−TWD 188.7m−TWD 759.6m−TWD 1.71bn
Free cash flow−TWD 137.5m−TWD 140.9mTWD 1.99bnTWD 1.34bnTWD 1.95bnTWD 1.74bnTWD 1.46bnTWD 1.43bnTWD 895.5m−TWD 375.4m
Dividends paid−TWD 1.17bn−TWD 751.0m−TWD 1.13bn−TWD 962.4m−TWD 1.34bn−TWD 727.0m−TWD 714.9m−TWD 446.8m−TWD 536.2m−TWD 714.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 2.63bnTWD 2.35bnTWD 2.33bnTWD 2.65bnTWD 2.94bnTWD 2.81bnTWD 3.29bnTWD 3.67bn
Gross profitTWD 257.6mTWD 335.9mTWD 256.2mTWD 360.5mTWD 417.2mTWD 450.4mTWD 541.7mTWD 757.4m
Operating income−TWD 81.7m−TWD 10.3m−TWD 84.2m−TWD 464,000TWD 92.2mTWD 159.2mTWD 206.5mTWD 433.6m
Net incomeTWD 62.0mTWD 29.6mTWD 76.9mTWD 115.8m−TWD 90.0mTWD 215.5mTWD 299.9mTWD 334.4m
Diluted earnings per share0.320.150.390.59-0.461.101.461.63
Cash from operations—TWD 312.0mTWD 113.0mTWD 201.0m−TWD 250.0mTWD 1.14bnTWD 929.0mTWD 55.0m
Capital spending—−TWD 147.0m−TWD 541.0m−TWD 209.0m−TWD 373.0m−TWD 214.0m−TWD 426.0m−TWD 156.0m
Free cash flow—TWD 165.0m−TWD 428.0m−TWD 8.0m−TWD 623.0mTWD 922.0mTWD 503.0m−TWD 101.0m
Total assets—TWD 22.50bnTWD 22.23bnTWD 21.54bnTWD 22.26bnTWD 23.39bnTWD 23.27bnTWD 24.04bn
Cash and short-term investments—TWD 4.47bnTWD 4.40bnTWD 4.84bnTWD 6.13bnTWD 6.89bnTWD 6.16bnTWD 6.54bn
Debt—TWD 1.35bnTWD 1.10bnTWD 785.3mTWD 875.8mTWD 762.0mTWD 769.5mTWD 1.60bn
Shareholders' equity—TWD 17.40bnTWD 17.19bnTWD 16.88bnTWD 16.48bnTWD 18.22bnTWD 17.97bnTWD 17.66bn

Financial ratios

Data as of 19 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin12.7%18.5%17.9%21.2%20.1%24.0%
Operating margin1.6%9.4%9.2%19.4%13.4%16.1%
Net margin3.0%10.2%8.0%14.0%9.6%11.0%
Return on equity1.9%7.6%5.2%10.4%7.5%10.6%
Return on assets1.4%5.8%3.7%7.7%5.5%7.5%
Free cash flow yield7.2%3.9%6.6%5.1%7.2%7.6%
Revenue growth-19.5%32.4%-14.9%-2.6%-20.3%28.9%
Earnings growth-76.6%68.4%-51.3%41.9%-30.1%28.9%
Current ratio2.87x3.37x2.28x2.54x3.19x2.65x
Debt to equity0.06x0.04x0.12x0.12x0.08x0.07x
Equity ratio77.3%77.2%72.2%74.1%72.7%70.1%
Interest coverage8.55x43.10x39.75x205.06x266.12x248.61x
R&D as a share of sales5.8%3.9%3.1%1.7%2.1%1.7%
Buybacks as a share of market value4.4%-9.1%0.0%3.1%-4.6%-2.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.2%-6.8%2.4%
Operating income-58.2%-41.5%-22.1%
Net income-42.3%-28.2%-15.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.9%17.7%19.4%22.3%
Operating margin5.9%10.1%11.9%14.2%
Net margin7.0%9.0%9.5%10.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings124.631.628.79.216.014.717.712.618.213.4
Price to sales3.73.22.31.31.51.61.91.61.51.8

Dividends and splits

Per share, in the currency the company pays

Paid for 21 years. Last went ex-dividend on 6 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year4.006.003.9596.005.002.9931.9661.961
  • 1.05-for-1 split · 12 Aug 2010
  • 1.094-for-1 split · 29 Jul 2009
  • 11-for-10 split · 29 Jul 2008
  • 5-for-4 split · 16 Jul 2007
  • 13-for-10 split · 26 Jun 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.