Shin Yang Group Bhd (XKLS:5173) ROE %: 9.24% (As of Mar. 2026) — 622% Above Median


XKLS:5173 Shin Yang Group Bhd XKLS:5173
69 GF Score
Price RM0.77
GF Value RM1.43
Valuation Significantly Undervalued
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What is Shin Yang Group Bhd ROE %?

Shin Yang Group Bhd XKLS:5173 +1.32% 69 ROE % is 9.24% as of Mar. 2026, which is 622% above its 10-year median of 1.28. GuruFocus rates XKLS:5173 with a GF Score™ of 69/100 and a GF Value™ of RM1.43 (Significantly Undervalued). Among 985 Transportation companies, Shin Yang Group Bhd ranks better than 64.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shin Yang Group Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM139 Mil. Shin Yang Group Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM1,505 Mil. Therefore, Shin Yang Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 9.24%.

The historical rank and industry rank for Shin Yang Group Bhd's ROE % or its related term are showing as below:

XKLS:5173' s ROE % Range Over the Past 10 Years
Min: -14.77   Med: 1.28   Max: 15.85
Current: 10.93

During the past 13 years, Shin Yang Group Bhd's highest ROE % was 15.85%. The lowest was -14.77%. And the median was 1.28%.

XKLS:5173's ROE % is ranked better than
64.37% of 985 companies
in the Transportation industry
Industry Median: 7.59 vs XKLS:5173: 10.93

Shin Yang Group Bhd  (XKLS:5173) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=139.08/1504.8695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(139.08 / 1839.704)*(1839.704 / 2077.8985)*(2077.8985 / 1504.8695)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.56 %*0.8854*1.3808
=ROA %*Equity Multiplier
=6.69 %*1.3808
=9.24 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=139.08/1504.8695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (139.08 / 178.616) * (178.616 / 171.756) * (171.756 / 1839.704) * (1839.704 / 2077.8985) * (2077.8985 / 1504.8695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7787 * 1.0399 * 9.34 % * 0.8854 * 1.3808
=9.24 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Shin Yang Group Bhd ROE % Related Terms


Shin Yang Group Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Shin Yang Group Bhd's ROE % 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 ROE % Chart

Shin Yang Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.77 1.85 14.26 15.85 8.80

Shin Yang Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.72 12.72 11.97 9.85 9.24

Shin Yang Group Bhd ROE % Competitor Comparison

For the Marine Shipping subindustry, Shin Yang Group Bhd's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's ROE % falls into.


XKLS:5173
69GF Score
Shin Yang Group Bhd XKLS:5173
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Yang Group Bhd ROE % Calculation

Shin Yang Group Bhd's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=110.625/( (1220.927+1293.745)/ 2 )
=110.625/1257.336
=8.80 %

Shin Yang Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=139.08/( (1487.592+1522.147)/ 2 )
=139.08/1504.8695
=9.24 %

* 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 the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.24% mean?
Shin Yang Group Bhd (XKLS:5173) has a ROE % of 9.24% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shin Yang Group Bhd and its competitors. This is 622% above median its historical median of 1.28. According to the industry distribution chart, Shin Yang Group Bhd ranks #351 out of 985 companies in the Transportation industry, placing it in the top 35.6%.
Is Shin Yang Group Bhd's ROE % too high?
Shin Yang Group Bhd's current ROE % of 9.24% is 622% above median its 10-year median of 1.28. The Transportation industry median ROE % is 7.59. Shin Yang Group Bhd's value of 9.24% is 21.7% above this industry median. Based on the distribution chart, Shin Yang Group Bhd ranks #351 out of 985 companies in the Transportation industry, which is above the industry midpoint. Overall, Shin Yang Group Bhd has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's ROE % compare to competitors?
According to the Transportation industry distribution chart, Shin Yang Group Bhd ranks #351 out of 985 companies for ROE %. This puts Shin Yang Group Bhd in the upper half of its industry. The industry median ROE % is 7.59. Shin Yang Group Bhd's value of 9.24% is 21.7% above this benchmark. While the company's 10-year median is 1.28 vs. the industry median of 7.59, Shin Yang Group Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.59, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shin Yang Group Bhd's current ROE % of 9.24% is 21.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shin Yang Group Bhd and its competitors. For the Transportation industry, the median ROE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Yang Group Bhd's current ROE % is 9.24%, which is 622% above median its own 10-year median of 1.28. 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 RM1.43, compared to a current price of RM0.77 — trading 46.5% below its estimated fair value. The current ROE % is 9.24%, which is 622% above median its 10-year median of 1.28 and 21.7% above the Transportation industry median of 7.59. Shin Yang Group Bhd's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Shin Yang Group Bhd (XKLS:5173), the current ROE % is 9.24% 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 46.5% below its estimated GF Value™ of RM1.43. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

  • ROE %: 9.24% (622% above median its 10-year median of 1.28)
  • GF Value™: RM1.43 vs. price of RM0.77 (46.5% below fair value)
  • GF Score™: 69/100
  • Industry Position: 21.7% above the Transportation median (#351 of 985)

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 Business Description

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
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.
69GF Score

Get the complete analysis for XKLS:5173

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.77
Price
RM1.43
GF Value