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

Shin Ruenn Development Co 6186.TWO · TWD

Real Estate · Taipei Exchange · 🇹🇼 Taiwan

Compare

27.55

+1.47%

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.

Popular Bitcoin Ethereum Nvidia Apple S&P 500 Gold EUR/USD US 10Y

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 9.45bn

FY2016FY2025

Net income

TWD 1.52bn

FY2016FY2025

Free cash flow

TWD 2.79bn

FY2016FY2025

Shareholders' equity

TWD 5.13bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 9.45bnTWD 9.12bnTWD 3.66bnTWD 2.49bnTWD 3.98bnTWD 2.86bnTWD 2.79bnTWD 1.34bnTWD 1.13bnTWD 2.27bn
Gross profitTWD 2.69bnTWD 2.16bnTWD 905.1mTWD 703.4mTWD 820.9mTWD 805.6mTWD 806.6mTWD 177.3mTWD 130.1mTWD 498.9m
Operating incomeTWD 1.84bnTWD 1.18bnTWD 557.1mTWD 411.8mTWD 562.3mTWD 490.9mTWD 444.1mTWD 2.9m−TWD 26.8mTWD 301.4m
Net incomeTWD 1.52bnTWD 971.2mTWD 445.7mTWD 327.2mTWD 420.3mTWD 381.4mTWD 420.9m−TWD 33.9mTWD 5.8mTWD 247.8m
Diluted earnings per share7.816.462.972.183.062.793.83-0.310.072.30

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 16.96bnTWD 20.62bnTWD 19.81bnTWD 17.92bnTWD 15.62bnTWD 15.66bnTWD 9.56bnTWD 5.86bnTWD 4.74bnTWD 4.49bn
Cash and short-term investments——TWD 1.77bnTWD 1.14bnTWD 1.41bnTWD 688.1m———TWD 247.9m
Total liabilitiesTWD 11.83bnTWD 16.75bnTWD 16.61bnTWD 14.84bnTWD 12.75bnTWD 13.05bnTWD 46,000TWD 4.39bnTWD 3.46bnTWD 3.08bn
DebtTWD 1.85bnTWD 11.28bnTWD 11.40bnTWD 11.23bnTWD 10.72bnTWD 11.37bnTWD 5.89bnTWD 3.60bnTWD 3.14bnTWD 2.50bn
Shareholders' equityTWD 5.13bnTWD 3.87bnTWD 3.20bnTWD 3.08bnTWD 2.87bnTWD 2.61bnTWD 1.79bnTWD 1.47bnTWD 1.28bnTWD 1.41bn
Shares outstanding195m150m150m150m137m137m110m110m80m107m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 2.80bnTWD 2.16bnTWD 572.3m−TWD 496.8mTWD 1.19bn−TWD 6.51bn−TWD 1.67bnTWD 173.9m−TWD 154.7mTWD 64.1m
Capital spending−TWD 9.9m−TWD 5.5m−TWD 16.7m—−TWD 352,000−TWD 170,000−TWD 4.1m−TWD 9.8m−TWD 635,000−TWD 1.3m
Free cash flowTWD 2.79bnTWD 2.16bnTWD 555.6m−TWD 496.8mTWD 1.19bn−TWD 6.51bn−TWD 1.68bnTWD 164.1m−TWD 155.4mTWD 62.8m
Dividends paid−TWD 262.2m−TWD 300.0m−TWD 330.0m−TWD 450.0m−TWD 162.5m−TWD 300.1m−TWD 100.0m−TWD 150.1m−TWD 140.1m−TWD 200.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 517.6mTWD 3.34bnTWD 315.1mTWD 3.22bnTWD 3.67bnTWD 2.25bnTWD 4.48bnTWD 1.31bn
Gross profitTWD 115.8mTWD 767.2mTWD 141.9mTWD 885.5mTWD 1.04bnTWD 620.8mTWD 1.34bnTWD 140.4m
Operating incomeTWD 49.9mTWD 528.3mTWD 49.2mTWD 618.4mTWD 726.3mTWD 447.1mTWD 736.5mTWD 27.3m
Net incomeTWD 31.1mTWD 407.9mTWD 49.7mTWD 499.1mTWD 613.3mTWD 360.3mTWD 602.8mTWD 29.1m
Diluted earnings per share0.162.090.262.563.562.094.010.19
Cash from operations−TWD 1.19bnTWD 1.40bn−TWD 1.26bnTWD 1.52bnTWD 1.97bnTWD 572.0mTWD 1.86bn−TWD 88.0m
Capital spending—————−TWD 8.0m—−TWD 2.0m
Free cash flow—————TWD 564.0m—−TWD 90.0m
Total assetsTWD 16.17bnTWD 15.27bnTWD 16.96bnTWD 17.30bnTWD 18.43bnTWD 18.58bnTWD 20.62bnTWD 21.70bn
DebtTWD 1.79bnTWD 1.85bnTWD 1.85bnTWD 1.88bnTWD 1.88bnTWD 2.04bnTWD 2.04bnTWD 1.80bn
Shareholders' equityTWD 4.59bnTWD 5.54bnTWD 5.13bnTWD 5.08bnTWD 4.58bnTWD 4.23bnTWD 3.87bnTWD 3.27bn

Financial ratios

Data as of 7 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin28.4%23.7%24.7%28.2%20.7%28.2%——
Operating margin20.1%13.3%15.2%16.5%14.1%17.2%——
Net margin16.1%10.7%12.2%13.1%10.6%13.4%——
Return on equity29.7%25.1%13.9%10.6%14.6%14.6%——
Return on assets9.0%4.7%2.3%1.8%2.7%2.4%——
Free cash flow yield—49.8%13.5%—29.9%-164.7%——
Revenue growth3.7%149.2%46.8%-37.3%39.2%2.3%——
Earnings growth56.7%117.9%36.2%-22.1%10.2%-9.4%——
Current ratio1.57x1.32x1.24x1.30x1.35x1.34x——
Debt to equity0.36x0.53x3.59x3.67x3.80x4.39x——
Equity ratio30.2%18.8%16.1%17.2%18.4%16.7%——
Interest coverage———863.36x148.56x62.98x22.70x0.08x
Buybacks as a share of market value—-0.1%-0.1%-9.2%-0.6%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue56.0%27.1%18.5%
Operating income64.7%30.3%14.9%
Net income66.9%31.9%13.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin26.1%26.1%25.6%25.4%
Operating margin16.3%16.2%16.0%15.3%
Net margin13.4%13.2%12.9%12.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings7.28.815.413.06.67.65.8-37.9141.66.4
Price to sales1.20.91.91.70.71.00.91.00.70.7

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 6 Aug 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year4.9191.521.771.6932.309
  • 1130-for-1000 split · 3 Sept 2025
  • 1150.0037-for-1000 split · 5 Sept 2024
  • 1050-for-1000 split · 6 Oct 2021
  • 1050-for-1000 split · 25 Aug 2016
  • 1050-for-1000 split · 5 Oct 2015
  • 1-to-0.28 reverse split · 4 Nov 2009

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.