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5173 (Shin Yang Shipping Corporation Bhd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Shin Yang Shipping Corporation Bhd together

I guess you are interested in Shin Yang Shipping Corporation Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Shin Yang Shipping Corporation Bhd’s Financial Insights
  • 📈 Technical Analysis (TA) – Shin Yang Shipping Corporation Bhd’s Price Targets

I'm going to help you getting a better view of Shin Yang Shipping Corporation Bhd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Shin Yang Shipping Corporation Bhd (30 sec.)










1.2. What can you expect buying and holding a share of Shin Yang Shipping Corporation Bhd? (30 sec.)

How much money do you get?

How much money do you get?
RM0.00
When do you have the money?
1 year
How often do you get paid?
27.6%

What is your share worth?

Current worth
RM1.30
Expected worth in 1 year
RM1.48
How sure are you?
75.9%

+ What do you gain per year?

Total Gains per Share
RM0.18
Return On Investment
21.9%

For what price can you sell your share?

Current Price per Share
RM0.82
Expected price per share
RM0.81 - RM0.83
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Shin Yang Shipping Corporation Bhd (5 min.)




Live pricePrice per Share (EOD)
RM0.82
Intrinsic Value Per Share
RM2.82 - RM3.34
Total Value Per Share
RM4.12 - RM4.64

2.2. Growth of Shin Yang Shipping Corporation Bhd (5 min.)




Is Shin Yang Shipping Corporation Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$348.2m$296.8m$30.9m9.5%

How much money is Shin Yang Shipping Corporation Bhd making?

Current yearPrevious yearGrowGrow %
Making money$8.9m$7.6m$1.3m14.8%
Net Profit Margin11.6%20.2%--

How much money comes from the company's main activities?

2.3. Financial Health of Shin Yang Shipping Corporation Bhd (5 min.)




2.4. Comparing to competitors in the Marine Shipping industry (5 min.)




  Industry Rankings (Marine Shipping)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Shin Yang Shipping Corporation Bhd?

Welcome investor! Shin Yang Shipping Corporation Bhd's management wants to use your money to grow the business. In return you get a share of Shin Yang Shipping Corporation Bhd.

First you should know what it really means to hold a share of Shin Yang Shipping Corporation Bhd. And how you can make/lose money.

Speculation

The Price per Share of Shin Yang Shipping Corporation Bhd is RM0.815. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Shin Yang Shipping Corporation Bhd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Shin Yang Shipping Corporation Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM1.30. Based on the TTM, the Book Value Change Per Share is RM0.04 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shin Yang Shipping Corporation Bhd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.011.2%0.011.0%0.010.9%0.011.1%0.010.7%0.000.3%
Usd Book Value Change Per Share0.011.5%0.011.3%0.010.7%0.011.1%0.010.7%0.011.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%0.000.0%
Usd Total Gains Per Share0.011.5%0.011.3%0.010.7%0.011.2%0.010.8%0.011.4%
Usd Price Per Share0.18-0.19-0.15-0.16-0.12-0.11-
Price to Earnings Ratio4.57-6.26-6.09-5.31-8.10-6.19-
Price-to-Total Gains Ratio14.99-20.63-1.51-11.62-26.35-32.98-
Price to Book Ratio0.58-0.66-0.57-0.61-0.52-0.45-
Price-to-Total Gains Ratio14.99-20.63-1.51-11.62-26.35-32.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.1942145
Number of shares5148
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (5148 shares)54.7732.45
Gains per Year (5148 shares)219.06129.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102192099120120
2043842819241250
3065764728361380
4087686637482510
501095108547602640
601314130456723770
701533152365843900
8017521742759641030
90197219618410841160
100219121809312051290

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%21.07.01.072.4%21.07.01.072.4%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%22.07.00.075.9%22.07.00.075.9%
Dividend per Share1.00.03.025.0%5.00.07.041.7%7.00.013.035.0%8.00.021.027.6%8.00.021.027.6%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%22.07.00.075.9%22.07.00.075.9%
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3.2. Key Performance Indicators

The key performance indicators of Shin Yang Shipping Corporation Bhd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0500.045+13%0.023+120%0.038+34%0.025+105%0.045+12%
Book Value Per Share--1.3021.222+7%1.099+18%1.100+18%0.980+33%0.966+35%
Current Ratio--2.5712.910-12%2.823-9%2.522+2%1.956+31%1.659+55%
Debt To Asset Ratio--0.2330.214+9%0.200+17%0.225+4%0.269-13%0.308-24%
Debt To Equity Ratio--0.3240.285+14%0.251+29%0.297+9%0.379-15%0.352-8%
Dividend Per Share---0.000-100%0.000-100%0.003-100%0.002-100%0.001-100%
Enterprise Value--402421026.500528516657.875-24%392689073.125+2%508395478.750-21%325077445.525+24%113464079.466+255%
Eps--0.0410.033+24%0.029+41%0.037+12%0.024+71%0.011+288%
Ev To Sales Ratio--0.2280.464-51%0.536-57%0.540-58%0.340-33%0.055+318%
Free Cash Flow Per Share--0.0860.030+185%0.025+244%0.034+152%0.031+174%0.030+185%
Free Cash Flow To Equity Per Share--0.0860.030+185%0.023+281%0.015+463%0.016+451%0.014+523%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%0.966+4%
Intrinsic Value_10Y_max--3.341----------
Intrinsic Value_10Y_min--2.823----------
Intrinsic Value_1Y_max--0.165----------
Intrinsic Value_1Y_min--0.162----------
Intrinsic Value_3Y_max--0.626----------
Intrinsic Value_3Y_min--0.595----------
Intrinsic Value_5Y_max--1.242----------
Intrinsic Value_5Y_min--1.142----------
Market Cap914511473.920+7%847533026.500908019854.375-7%703981898.875+20%763529589.500+11%598537442.475+42%521041839.397+63%
Net Profit Margin--0.1050.116-9%0.202-48%0.177-41%0.114-8%0.026+299%
Operating Margin----0%0.120-100%0.089-100%0.071-100%0.030-100%
Operating Ratio--1.7491.947-10%2.245-22%1.899-8%1.946-10%2.043-14%
Pb Ratio0.626+7%0.5800.662-12%0.565+3%0.610-5%0.516+12%0.452+28%
Pe Ratio4.934+7%4.5716.263-27%6.091-25%5.309-14%8.096-44%6.187-26%
Price Per Share0.815+7%0.7550.806-6%0.621+22%0.673+12%0.525+44%0.453+67%
Price To Free Cash Flow Ratio2.369+7%2.1951.952+12%104.665-98%36.692-94%-57.536+2721%-39.500+1900%
Price To Total Gains Ratio16.184+7%14.99320.632-27%1.507+895%11.625+29%26.350-43%32.975-55%
Quick Ratio--0.7040.840-16%0.776-9%1.101-36%1.058-33%0.968-27%
Return On Assets--0.0240.021+15%0.021+18%0.026-6%0.017+41%0.007+227%
Return On Equity--0.0340.028+20%0.026+30%0.034-2%0.023+46%0.009+274%
Total Gains Per Share--0.0500.045+13%0.023+120%0.041+24%0.026+90%0.046+9%
Usd Book Value--348218019.700327844669.388+6%296852350.801+17%297245078.614+17%267304786.516+30%266162161.379+31%
Usd Book Value Change Per Share--0.0120.011+13%0.005+120%0.009+34%0.006+105%0.011+12%
Usd Book Value Per Share--0.3100.291+7%0.262+18%0.262+18%0.234+33%0.230+35%
Usd Dividend Per Share---0.000-100%0.000-100%0.001-100%0.000-100%0.000-100%
Usd Enterprise Value--95896930.615125945519.572-24%93577806.126+2%121150642.586-21%77465955.269+24%27038490.137+255%
Usd Eps--0.0100.008+24%0.007+41%0.009+12%0.006+71%0.003+288%
Usd Free Cash Flow--23004290.5008089010.512+184%6743996.818+241%9240800.021+149%8573085.816+168%5977035.842+285%
Usd Free Cash Flow Per Share--0.0200.007+185%0.006+244%0.008+152%0.007+174%0.007+185%
Usd Free Cash Flow To Equity Per Share--0.0200.007+185%0.005+281%0.004+463%0.004+451%0.003+523%
Usd Market Cap217928084.235+7%201967120.215216381131.298-7%167758886.502+20%181949101.178+11%142631472.542+42%124164270.328+63%
Usd Price Per Share0.194+7%0.1800.192-6%0.148+22%0.160+12%0.125+44%0.108+67%
Usd Profit--11045681.6008955606.215+23%7634332.146+45%9859185.086+12%6489018.249+70%2812816.944+293%
Usd Revenue--104958043.50088648249.606+18%48382632.358+117%65567972.464+60%55111353.801+90%49187515.079+113%
Usd Total Gains Per Share--0.0120.011+13%0.005+120%0.010+24%0.006+90%0.011+9%
 EOD+4 -4MRQTTM+22 -15YOY+27 -113Y+25 -135Y+28 -1010Y+31 -8

3.3 Fundamental Score

Let's check the fundamental score of Shin Yang Shipping Corporation Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.934
Price to Book Ratio (EOD)Between0-10.626
Net Profit Margin (MRQ)Greater than00.105
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.704
Current Ratio (MRQ)Greater than12.571
Debt to Asset Ratio (MRQ)Less than10.233
Debt to Equity Ratio (MRQ)Less than10.324
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.024
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Shin Yang Shipping Corporation Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.495
Ma 20Greater thanMa 500.785
Ma 50Greater thanMa 1000.768
Ma 100Greater thanMa 2000.769
OpenGreater thanClose0.795
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Shin Yang Shipping Corporation Bhd

Shin Yang Group Berhad, an investment holding company, offers shipping, shipbuilding, and ship repair services in Malaysia and internationally. The company 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 machineries, 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 ships. It also builds tugboats, cargo vessels, anchor handling tugs, navy training vessels, landing crafts, platform supply vessels, workboats, barges, seismic support vessels, floating docks, pneumatic cement carriers, and escort tugs. In addition, the company offers ship repair services, such as slipways and floating dock, berthing and lay up, and pilot tug and towing; general services; blasting and coating; zinc anode renewal and supply; hydraulic testing; load test; steering gear and rudder assembly repair; propeller, shaft, and stern tube seal repair; anchor chain and anchor works; chain locker cleaning; aluminum/steel hull repair and renewal; tanks cleaning; sea chest and piping renewal; valve service and supply; schedule waste disposal; engine and generator overhaul; supply UV monitoring repair; electrical system test; and wiring, cleaning, and repair services. Further, it fabricates steel structures, frames, and parts for metal bridges, factories and warehouses, and jetties; metal buoy; and helideck, as well as engages in property holding business. The company was formerly known as Shin Yang Shipping Corporation Berhad and changed its name to Shin Yang Group Berhad in July 2023. The company was incorporated in 2004 and is headquartered in Miri, Malaysia. The company is a subsidiary of Shin Yang Holding Sendirian Berhad.

Fundamental data was last updated by Penke on 2025-06-28 05:43:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Shin Yang Shipping Corporation Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • A Net Profit Margin of 10.5% means that RM0.11 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 10.5%. The company is making a huge profit. +2
  • The TTM is 11.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.5%TTM11.6%-1.0%
TTM11.6%YOY20.2%-8.6%
TTM11.6%5Y11.4%+0.1%
5Y11.4%10Y2.6%+8.8%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%9.3%+1.2%
TTM11.6%12.2%-0.6%
YOY20.2%11.9%+8.3%
3Y17.7%13.5%+4.2%
5Y11.4%12.4%-1.0%
10Y2.6%8.6%-6.0%
4.3.1.2. Return on Assets

Shows how efficient Shin Yang Shipping Corporation Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • 2.4% Return on Assets means that Shin Yang Shipping Corporation Bhd generated RM0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.1%+0.3%
TTM2.1%YOY2.1%+0.1%
TTM2.1%5Y1.7%+0.4%
5Y1.7%10Y0.7%+1.0%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.3%+1.1%
TTM2.1%1.5%+0.6%
YOY2.1%1.5%+0.6%
3Y2.6%1.9%+0.7%
5Y1.7%1.6%+0.1%
10Y0.7%1.0%-0.3%
4.3.1.3. Return on Equity

Shows how efficient Shin Yang Shipping Corporation Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • 3.4% Return on Equity means Shin Yang Shipping Corporation Bhd generated RM0.03 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM2.8%+0.6%
TTM2.8%YOY2.6%+0.2%
TTM2.8%5Y2.3%+0.5%
5Y2.3%10Y0.9%+1.4%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%2.4%+1.0%
TTM2.8%2.7%+0.1%
YOY2.6%2.7%-0.1%
3Y3.4%3.3%+0.1%
5Y2.3%3.2%-0.9%
10Y0.9%2.2%-1.3%
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4.3.2. Operating Efficiency of Shin Yang Shipping Corporation Bhd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Shin Yang Shipping Corporation Bhd is operating .

  • Measures how much profit Shin Yang Shipping Corporation Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY12.0%-12.0%
TTM-5Y7.1%-7.1%
5Y7.1%10Y3.0%+4.1%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.0%-22.0%
TTM-13.9%-13.9%
YOY12.0%11.2%+0.8%
3Y8.9%10.7%-1.8%
5Y7.1%13.1%-6.0%
10Y3.0%10.8%-7.8%
4.3.2.2. Operating Ratio

Measures how efficient Shin Yang Shipping Corporation Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Marine Shipping industry mean).
  • An Operation Ratio of 1.75 means that the operating costs are RM1.75 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 1.749. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.947. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.749TTM1.947-0.198
TTM1.947YOY2.245-0.298
TTM1.9475Y1.946+0.001
5Y1.94610Y2.043-0.097
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7491.530+0.219
TTM1.9471.396+0.551
YOY2.2450.999+1.246
3Y1.8991.097+0.802
5Y1.9461.063+0.883
10Y2.0431.049+0.994
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4.4.3. Liquidity of Shin Yang Shipping Corporation Bhd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Shin Yang Shipping Corporation Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Marine Shipping industry mean).
  • A Current Ratio of 2.57 means the company has RM2.57 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 2.571. The company is able to pay all its short-term debts. +1
  • The TTM is 2.910. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.571TTM2.910-0.339
TTM2.910YOY2.823+0.087
TTM2.9105Y1.956+0.955
5Y1.95610Y1.659+0.296
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5711.533+1.038
TTM2.9101.533+1.377
YOY2.8231.527+1.296
3Y2.5221.533+0.989
5Y1.9561.480+0.476
10Y1.6591.424+0.235
4.4.3.2. Quick Ratio

Measures if Shin Yang Shipping Corporation Bhd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • A Quick Ratio of 0.70 means the company can pay off RM0.70 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 0.704. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.840. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.704TTM0.840-0.136
TTM0.840YOY0.776+0.064
TTM0.8405Y1.058-0.218
5Y1.05810Y0.968+0.089
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7040.454+0.250
TTM0.8400.511+0.329
YOY0.7760.872-0.096
3Y1.1010.883+0.218
5Y1.0580.909+0.149
10Y0.9681.048-0.080
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4.5.4. Solvency of Shin Yang Shipping Corporation Bhd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Shin Yang Shipping Corporation Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shin Yang Shipping Corporation Bhd to Marine Shipping industry mean.
  • A Debt to Asset Ratio of 0.23 means that Shin Yang Shipping Corporation Bhd assets are financed with 23.3% credit (debt) and the remaining percentage (100% - 23.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 0.233. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.214. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.233TTM0.214+0.020
TTM0.214YOY0.200+0.014
TTM0.2145Y0.269-0.055
5Y0.26910Y0.308-0.039
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2330.393-0.160
TTM0.2140.389-0.175
YOY0.2000.399-0.199
3Y0.2250.416-0.191
5Y0.2690.450-0.181
10Y0.3080.470-0.162
4.5.4.2. Debt to Equity Ratio

Measures if Shin Yang Shipping Corporation Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • A Debt to Equity ratio of 32.4% means that company has RM0.32 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The MRQ is 0.324. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.285. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.285+0.039
TTM0.285YOY0.251+0.033
TTM0.2855Y0.379-0.095
5Y0.37910Y0.352+0.027
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.708-0.384
TTM0.2850.661-0.376
YOY0.2510.703-0.452
3Y0.2970.751-0.454
5Y0.3790.931-0.552
10Y0.3521.042-0.690
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Shin Yang Shipping Corporation Bhd generates.

  • Above 15 is considered overpriced but always compare Shin Yang Shipping Corporation Bhd to the Marine Shipping industry mean.
  • A PE ratio of 4.57 means the investor is paying RM4.57 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The EOD is 4.934. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.571. Based on the earnings, the company is cheap. +2
  • The TTM is 6.263. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.934MRQ4.571+0.363
MRQ4.571TTM6.263-1.691
TTM6.263YOY6.091+0.172
TTM6.2635Y8.096-1.833
5Y8.09610Y6.187+1.909
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD4.9347.096-2.162
MRQ4.5716.288-1.717
TTM6.2636.801-0.538
YOY6.0918.671-2.580
3Y5.3097.767-2.458
5Y8.0968.208-0.112
10Y6.18711.004-4.817
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The EOD is 2.369. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.195. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.952. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.369MRQ2.195+0.174
MRQ2.195TTM1.952+0.243
TTM1.952YOY104.665-102.713
TTM1.9525Y-57.536+59.488
5Y-57.53610Y-39.500-18.035
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD2.3694.826-2.457
MRQ2.1954.725-2.530
TTM1.9524.658-2.706
YOY104.6654.126+100.539
3Y36.6923.584+33.108
5Y-57.5363.720-61.256
10Y-39.5002.362-41.862
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Shin Yang Shipping Corporation Bhd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Marine Shipping industry mean).
  • A PB ratio of 0.58 means the investor is paying RM0.58 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Shin Yang Shipping Corporation Bhd:

  • The EOD is 0.626. Based on the equity, the company is cheap. +2
  • The MRQ is 0.580. Based on the equity, the company is cheap. +2
  • The TTM is 0.662. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.626MRQ0.580+0.046
MRQ0.580TTM0.662-0.082
TTM0.662YOY0.565+0.096
TTM0.6625Y0.516+0.146
5Y0.51610Y0.452+0.064
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD0.6260.780-0.154
MRQ0.5800.736-0.156
TTM0.6620.784-0.122
YOY0.5650.880-0.315
3Y0.6100.875-0.265
5Y0.5160.961-0.445
10Y0.4520.928-0.476
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets1,906,371
Total Liabilities445,112
Total Stockholder Equity1,373,905
 As reported
Total Liabilities 445,112
Total Stockholder Equity+ 1,373,905
Total Assets = 1,906,371

Assets

Total Assets1,906,371
Total Current Assets869,392
Long-term Assets1,036,979
Total Current Assets
Cash And Cash Equivalents 474,207
Net Receivables 237,978
Inventory 80,614
Total Current Assets  (as reported)869,392
Total Current Assets  (calculated)792,799
+/- 76,593
Long-term Assets
Property Plant Equipment 1,016,723
Long-term Assets  (as reported)1,036,979
Long-term Assets  (calculated)1,016,723
+/- 20,256

Liabilities & Shareholders' Equity

Total Current Liabilities338,148
Long-term Liabilities106,964
Total Stockholder Equity1,373,905
Total Current Liabilities
Short Long Term Debt 79,702
Accounts payable 132,390
Total Current Liabilities  (as reported)338,148
Total Current Liabilities  (calculated)212,092
+/- 126,056
Long-term Liabilities
Long term Debt 48,757
Capital Lease Obligations Min Short Term Debt7,249
Long-term Liabilities  (as reported)106,964
Long-term Liabilities  (calculated)56,006
+/- 50,958
Total Stockholder Equity
Retained Earnings 489,910
Total Stockholder Equity (as reported)1,373,905
Total Stockholder Equity (calculated)489,910
+/- 883,995
Other
Capital Stock1,216,972
Common Stock Shares Outstanding 1,122,560
Net Invested Capital 1,502,364
Net Working Capital 531,244



6.2. Balance Sheets Structured

Currency in MYR. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
2,144,000
2,249,000
2,201,000
2,088,000
1,735,523
1,641,355
1,616,162
1,549,870
1,476,010
1,412,653
1,397,373
1,387,059
1,381,087
1,384,816
1,391,501
1,426,092
1,433,510
1,488,213
1,502,178
1,530,686
1,552,326
1,571,394
1,533,385
1,550,907
1,572,320
1,612,398
1,605,970
1,896,332
1,906,371
1,906,3711,896,3321,605,9701,612,3981,572,3201,550,9071,533,3851,571,3941,552,3261,530,6861,502,1781,488,2131,433,5101,426,0921,391,5011,384,8161,381,0871,387,0591,397,3731,412,6531,476,0101,549,8701,616,1621,641,3551,735,5232,088,0002,201,0002,249,0002,144,000
   > Total Current Assets 
638,000
722,000
696,000
616,000
521,634
443,723
451,270
402,803
431,593
369,265
354,370
359,686
374,621
377,685
408,299
458,021
473,039
524,101
525,285
568,945
601,468
642,921
611,831
643,977
672,016
723,246
734,858
871,268
869,392
869,392871,268734,858723,246672,016643,977611,831642,921601,468568,945525,285524,101473,039458,021408,299377,685374,621359,686354,370369,265431,593402,803451,270443,723521,634616,000696,000722,000638,000
       Cash And Cash Equivalents 
55,000
48,000
45,000
37,000
72,709
68,759
76,077
75,517
100,916
121,498
124,396
133,665
151,862
46,941
46,996
223,877
253,037
283,173
295,978
345,767
367,672
398,904
385,927
378,330
392,320
432,222
439,871
377,565
474,207
474,207377,565439,871432,222392,320378,330385,927398,904367,672345,767295,978283,173253,037223,87746,99646,941151,862133,665124,396121,498100,91675,51776,07768,75972,70937,00045,00048,00055,000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
108,500
129,700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000129,700108,5000000000000000
       Net Receivables 
499,000
580,000
556,000
488,000
357,593
191,585
265,581
237,986
243,197
147,713
150,407
147,022
149,710
154,792
165,640
182,037
166,133
184,019
187,835
182,727
195,370
191,516
149,803
180,627
189,442
199,248
186,885
329,660
237,978
237,978329,660186,885199,248189,442180,627149,803191,516195,370182,727187,835184,019166,133182,037165,640154,792149,710147,022150,407147,713243,197237,986265,581191,585357,593488,000556,000580,000499,000
       Inventory 
68,000
84,000
83,000
82,000
57,043
63,812
61,435
67,669
65,685
54,606
54,422
46,947
44,015
40,886
50,332
38,188
38,053
34,132
41,472
40,451
38,426
34,501
36,266
36,822
45,245
39,761
43,029
82,104
80,614
80,61482,10443,02939,76145,24536,82236,26634,50138,42640,45141,47234,13238,05338,18850,33240,88644,01546,94754,42254,60665,68567,66961,43563,81257,04382,00083,00084,00068,000
       Other Current Assets 
6,000
11,000
12,000
9,000
30,209
37,114
44,741
17,946
17,840
41,819
21,402
29,464
26,309
4,937
0
0
0
0
0
0
0
18,000
0
0
0
0
0
0
0
000000018,00000000004,93726,30929,46421,40241,81917,84017,94644,74137,11430,2099,00012,00011,0006,000
   > Long-term Assets 
0
0
0
0
1,213,889
1,197,632
1,164,892
1,147,067
1,044,417
1,056,262
1,043,003
1,027,373
1,006,466
1,012,068
983,202
968,071
960,471
964,111
976,893
961,741
950,858
949,864
921,554
906,930
900,304
889,151
871,112
1,025,064
1,036,979
1,036,9791,025,064871,112889,151900,304906,930921,554949,864950,858961,741976,893964,111960,471968,071983,2021,012,0681,006,4661,027,3731,043,0031,056,2621,044,4171,147,0671,164,8921,197,6321,213,8890000
       Property Plant Equipment 
0
0
0
0
1,209,454
1,193,063
1,160,073
1,142,248
1,039,765
1,036,530
1,036,098
1,020,367
999,409
1,000,096
976,097
960,944
953,339
953,683
968,748
953,722
945,021
931,365
915,227
896,289
889,423
877,087
858,900
1,004,421
1,016,723
1,016,7231,004,421858,900877,087889,423896,289915,227931,365945,021953,722968,748953,683953,339960,944976,0971,000,096999,4091,020,3671,036,0981,036,5301,039,7651,142,2481,160,0731,193,0631,209,4540000
       Goodwill 
2,000
2,000
2,000
2,000
0
2,064
0
0
0
2,064
0
0
0
2,064
0
0
0
2,064
2,064
2,064
2,064
2,064
2,064
6,801
6,954
8,610
0
0
0
0008,6106,9546,8012,0642,0642,0642,0642,0642,0640002,0640002,0640002,06402,0002,0002,0002,000
       Long Term Investments 
4,000
3,000
2,000
2,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000002,0002,0003,0004,000
       Intangible Assets 
0
0
0
0
2,025
2,064
2,070
2,070
2,070
2,064
2,070
2,070
2,070
2,064
2,064
2,064
2,064
2,064
2,064
2,064
2,064
0
0
0
0
156
0
0
0
00015600002,0642,0642,0642,0642,0642,0642,0642,0642,0702,0702,0702,0642,0702,0702,0702,0642,0250000
       Other Assets 
0
0
0
0
0
16
18
18
18
51
51
51
51
51
51
51
51
1,021
1,021
1,021
1,021
-16,979
0
0
0
0
0
0
0
0000000-16,9791,0211,0211,0211,02151515151515151511818181600000
> Total Liabilities 
983,000
1,077,000
1,026,000
912,000
571,170
565,514
558,113
523,757
527,979
501,384
483,162
469,436
459,498
456,627
451,399
471,655
454,901
425,689
390,378
397,560
377,389
345,906
282,606
314,220
302,439
310,772
273,930
488,199
445,112
445,112488,199273,930310,772302,439314,220282,606345,906377,389397,560390,378425,689454,901471,655451,399456,627459,498469,436483,162501,384527,979523,757558,113565,514571,170912,0001,026,0001,077,000983,000
   > Total Current Liabilities 
686,000
800,000
777,000
698,000
436,913
434,116
427,697
394,696
387,848
378,448
365,471
356,673
351,236
351,843
350,498
368,407
350,469
327,854
293,305
305,325
289,855
264,132
198,984
231,712
223,833
233,421
199,249
381,732
338,148
338,148381,732199,249233,421223,833231,712198,984264,132289,855305,325293,305327,854350,469368,407350,498351,843351,236356,673365,471378,448387,848394,696427,697434,116436,913698,000777,000800,000686,000
       Short-term Debt 
652,000
675,000
602,000
568,000
0
271,433
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000271,4330568,000602,000675,000652,000
       Short Long Term Debt 
652,000
675,000
602,000
568,000
0
271,433
0
0
0
231,838
0
0
0
191,228
197,950
176,495
155,613
147,247
122,368
106,932
105,388
94,087
65,322
35,208
39,198
42,023
33,708
83,216
79,702
79,70283,21633,70842,02339,19835,20865,32294,087105,388106,932122,368147,247155,613176,495197,950191,228000231,838000271,4330568,000602,000675,000652,000
       Accounts payable 
202,000
317,000
338,000
259,000
163,632
108,395
134,603
141,676
145,483
108,045
135,102
131,100
146,164
118,923
111,814
116,234
121,112
128,324
117,798
139,968
107,920
108,153
90,381
103,075
105,662
105,015
92,069
160,825
132,390
132,390160,82592,069105,015105,662103,07590,381108,153107,920139,968117,798128,324121,112116,234111,814118,923146,164131,100135,102108,045145,483141,676134,603108,395163,632259,000338,000317,000202,000
       Other Current Liabilities 
27,000
23,000
22,000
22,000
28,451
0
14,380
3,394
688
0
1,773
8,849
2,108
0
0
0
0
0
42,868
48,281
67,155
52,533
0
0
0
0
0
0
0
000000052,53367,15548,28142,868000002,1088,8491,77306883,39414,380028,45122,00022,00023,00027,000
   > Long-term Liabilities 
0
0
0
0
134,257
131,398
130,416
120,091
130,846
117,115
111,598
106,399
101,761
98,384
94,201
97,699
98,656
93,456
92,101
88,281
83,338
87,625
83,622
82,508
78,606
77,351
74,681
106,467
106,964
106,964106,46774,68177,35178,60682,50883,62287,62583,33888,28192,10193,45698,65697,69994,20198,384101,761106,399111,598117,115130,846120,091130,416131,398134,2570000
       Long term Debt Total 
0
0
0
0
82,665
76,700
76,041
65,881
76,798
0
66,488
61,445
56,964
53,494
48,973
52,634
53,754
50,435
48,286
44,623
39,821
0
0
0
0
0
0
0
0
0000000039,82144,62348,28650,43553,75452,63448,97353,49456,96461,44566,488076,79865,88176,04176,70082,6650000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,815
43,658
43,517
47,294
0
0
0
0
0
0
0
000000047,29443,51743,65843,815000000000000000000
> Total Stockholder Equity
0
0
0
0
1,153,264
1,067,337
1,049,269
1,026,113
948,031
911,269
914,211
917,623
921,589
928,190
940,102
954,437
978,609
1,062,524
1,111,800
1,133,126
1,174,937
1,220,927
1,245,494
1,230,564
1,263,898
1,293,745
1,322,736
1,329,665
1,373,905
1,373,9051,329,6651,322,7361,293,7451,263,8981,230,5641,245,4941,220,9271,174,9371,133,1261,111,8001,062,524978,609954,437940,102928,190921,589917,623914,211911,269948,0311,026,1131,049,2691,067,3371,153,2640000
   Retained Earnings 
215,000
219,000
224,000
224,000
233,238
147,153
128,698
-182,423
-260,213
-296,851
-293,896
-290,366
-286,400
-279,799
-267,887
-252,831
-222,877
-137,876
210,243
233,855
278,673
330,805
352,645
338,208
372,866
403,766
434,925
443,559
489,910
489,910443,559434,925403,766372,866338,208352,645330,805278,673233,855210,243-137,876-222,877-252,831-267,887-279,799-286,400-290,366-293,896-296,851-260,213-182,423128,698147,153233,238224,000224,000219,000215,000
   Accumulated Other Comprehensive Income 00000000000000000000000000000
   Capital Surplus 00000000000000000000000000000
   Treasury Stock0000000000000-9,704-8,983-8,983-8,983-8,983-8,865-8,853-8,728-8,436-8,436-8,405-7,9690000



6.3. Balance Sheets

Currency in MYR. All numbers in thousands.




6.4. Cash Flows

Currency in MYR. All numbers in thousands.




6.5. Income Statements

Currency in MYR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in MYR. All numbers in thousands.

Gross Profit (+$)
totalRevenue894,558
Cost of Revenue-824,400
Gross Profit70,15870,158
 
Operating Income (+$)
Gross Profit70,158
Operating Expense-874,959
Operating Income19,599-804,801
 
Operating Expense (+$)
Research Development-
Selling General Administrative50,559
Selling And Marketing Expenses-
Operating Expense874,95950,559
 
Net Interest Income (+$)
Interest Income13,713
Interest Expense-5,440
Other Finance Cost-0
Net Interest Income8,273
 
Pretax Income (+$)
Operating Income19,599
Net Interest Income8,273
Other Non-Operating Income Expenses-
Income Before Tax (EBT)126,52519,599
EBIT - interestExpense = -5,440
110,625
116,065
Interest Expense5,440
Earnings Before Interest and Taxes (EBIT)-131,965
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax126,525
Tax Provision-13,135
Net Income From Continuing Ops113,390113,390
Net Income110,625
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--8,273
 

Technical Analysis of Shin Yang Shipping Corporation Bhd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Shin Yang Shipping Corporation Bhd. The general trend of Shin Yang Shipping Corporation Bhd is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Shin Yang Shipping Corporation Bhd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Shin Yang Shipping Corporation Bhd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Shin Yang Shipping Corporation Bhd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.825 < 0.83 < 0.83.

The bearish price targets are: 0.81 > 0.81 > 0.81.

Know someone who trades $5173? Share this with them.👇

Shin Yang Shipping Corporation Bhd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Shin Yang Shipping Corporation Bhd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shin Yang Shipping Corporation Bhd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Shin Yang Shipping Corporation Bhd. The current macd is 0.00596116.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shin Yang Shipping Corporation Bhd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shin Yang Shipping Corporation Bhd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Shin Yang Shipping Corporation Bhd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Shin Yang Shipping Corporation Bhd Daily Moving Average Convergence/Divergence (MACD) ChartShin Yang Shipping Corporation Bhd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Shin Yang Shipping Corporation Bhd. The current adx is 15.53.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Shin Yang Shipping Corporation Bhd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Shin Yang Shipping Corporation Bhd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Shin Yang Shipping Corporation Bhd. The current sar is 0.745.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Shin Yang Shipping Corporation Bhd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Shin Yang Shipping Corporation Bhd. The current rsi is 64.50. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Shin Yang Shipping Corporation Bhd Daily Relative Strength Index (RSI) ChartShin Yang Shipping Corporation Bhd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Shin Yang Shipping Corporation Bhd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shin Yang Shipping Corporation Bhd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Shin Yang Shipping Corporation Bhd Daily Stochastic Oscillator ChartShin Yang Shipping Corporation Bhd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Shin Yang Shipping Corporation Bhd. The current cci is 166.20.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Shin Yang Shipping Corporation Bhd Daily Commodity Channel Index (CCI) ChartShin Yang Shipping Corporation Bhd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Shin Yang Shipping Corporation Bhd. The current cmo is 40.71.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Shin Yang Shipping Corporation Bhd Daily Chande Momentum Oscillator (CMO) ChartShin Yang Shipping Corporation Bhd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Shin Yang Shipping Corporation Bhd. The current willr is -12.5.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Shin Yang Shipping Corporation Bhd Daily Williams %R ChartShin Yang Shipping Corporation Bhd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Shin Yang Shipping Corporation Bhd.

Shin Yang Shipping Corporation Bhd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Shin Yang Shipping Corporation Bhd. The current atr is 0.01767499.

Shin Yang Shipping Corporation Bhd Daily Average True Range (ATR) ChartShin Yang Shipping Corporation Bhd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Shin Yang Shipping Corporation Bhd. The current obv is 86,052,499.

Shin Yang Shipping Corporation Bhd Daily On-Balance Volume (OBV) ChartShin Yang Shipping Corporation Bhd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Shin Yang Shipping Corporation Bhd. The current mfi is 60.17.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Shin Yang Shipping Corporation Bhd Daily Money Flow Index (MFI) ChartShin Yang Shipping Corporation Bhd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shin Yang Shipping Corporation Bhd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-06-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-07-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Shin Yang Shipping Corporation Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shin Yang Shipping Corporation Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.495
Ma 20Greater thanMa 500.785
Ma 50Greater thanMa 1000.768
Ma 100Greater thanMa 2000.769
OpenGreater thanClose0.795
Total2/5 (40.0%)
Penke
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