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Shin Yang Group BhdXKLS:5173 68 Net-Net Working Capital is RM0.19 as of Mar. 2026. GuruFocus rates XKLS:5173 with a GF Score™ of 68/100 and a GF Value™ of RM1.45 (Significantly Undervalued). Among 221 Transportation companies, Shin Yang Group Bhd ranks better than 64.25% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Shin Yang Group Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.19.
The industry rank for Shin Yang Group Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:5173's Price-to-Net-Net-Working-Capital is ranked better than 64.25% of 221
companies
in the Transportation industry
Industry Median: 6.35
vs XKLS:5173: 4.03
Shin Yang Group Bhd (XKLS:5173) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Shin Yang Group Bhd Net-Net Working Capital Related Terms
Shin Yang Group Bhd Net-Net Working Capital Historical Data
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The historical data trend for Shin Yang Group Bhd's Net-Net Working Capital can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shin Yang Group Bhd Net-Net Working Capital Competitor Comparison
For the Marine Shipping subindustry, Shin Yang Group Bhd's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shin Yang Group Bhd Price-to-Net-Net-Working-Capital vs Transportation Industry
For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Shin Yang Group Bhd's Price-to-Net-Net-Working-Capital falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of RM0.19 mean?
Shin Yang Group Bhd (XKLS:5173) has a Net-Net Working Capital of RM0.19 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Shin Yang Group Bhd According to the industry distribution chart, Shin Yang Group Bhd ranks #79 out of 221 companies in the Transportation industry, placing it in the top 35.7%.
Is Shin Yang Group Bhd's Net-Net Working Capital too high?
Shin Yang Group Bhd's current Net-Net Working Capital is RM0.19. Based on the distribution chart, Shin Yang Group Bhd ranks #79 out of 221 companies in the Transportation industry, which is above the industry midpoint. Overall, Shin Yang Group Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Net-Net Working Capital compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #79 out of 221 companies for Net-Net Working Capital. This puts Shin Yang Group Bhd in the upper half of its industry. The industry median Net-Net Working Capital is 6.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.35, based on 221 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Shin Yang Group Bhd For the Transportation industry, the median Net-Net Working Capital is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current Net-Net Working Capital is RM0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.45, compared to a current price of RM0.77 — trading 47.2% below its estimated fair value. The current Net-Net Working Capital is RM0.19. Shin Yang Group Bhd's overall GF Score™ is 68/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Shin Yang Group Bhd (XKLS:5173), the current Net-Net Working Capital is RM0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued.
The current stock price of RM0.77 is trading 47.2% below its estimated GF Value™ of RM1.45.
GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5173:
Net-Net Working Capital: RM0.19
GF Value™: RM1.45 vs. price of RM0.77 (47.2% below fair value)
No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
68GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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