Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Shin Yang Group Bhd's average basic shares outstanding for the quarter that ended in Mar. 2026 was 1,176 Mil.
Shin Yang Group Bhd (XKLS:5173) Shares Outstanding (Basic Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Shin Yang Group Bhd Shares Outstanding (Basic Average) Related Terms
Shin Yang Group Bhd Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Shin Yang Group Bhd's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart
Shin Yang Group Bhd Shares Outstanding (Basic Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Basic Average) of 1,176 Mil mean?
Shin Yang Group Bhd (XKLS:5173) has a Shares Outstanding (Basic Average) of 1,176 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Shin Yang Group Bhd and its competitors.
Is Shin Yang Group Bhd's Shares Outstanding (Basic Average) too high?
Shin Yang Group Bhd's current Shares Outstanding (Basic Average) is 1,176 Mil. Overall, Shin Yang Group Bhd has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Shares Outstanding (Basic Average) compare to competitors?
Shin Yang Group Bhd's Shares Outstanding (Basic Average) of 1,176 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Transportation company?
A good Shares Outstanding (Basic Average) depends on the Transportation industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Shin Yang Group Bhd and its competitors. Shin Yang Group Bhd's current Shares Outstanding (Basic Average) is 1,176 Mil. 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 RM1.42, compared to a current price of RM0.78 — trading 45.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 1,176 Mil. Shin Yang Group Bhd's overall GF Score™ is 70/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Shin Yang Group Bhd (XKLS:5173), the current Shares Outstanding (Basic Average) is 1,176 Mil 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 RM0.78 is trading 45.1% below its estimated GF Value™ of RM1.42.
GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5173:
Shares Outstanding (Basic Average): 1,176 Mil
GF Value™: RM1.42 vs. price of RM0.78 (45.1% 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.
70GF Score
Get the complete analysis for XKLS:5173
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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