S

Shinih Enterprise Co Ltd
TWSE:9944

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Shinih Enterprise Co Ltd
TWSE:9944
Watchlist
Price: 16.85 TWD -0.59% Market Closed
Market Cap: 1.8B TWD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-17%
5Y
-8%
10Y
-44%
Operating Income
+
3Y
-
5Y
-
10Y
-
Net Income
+
3Y
-
5Y
-
10Y
-

Earnings Waterfall
Shinih Enterprise Co Ltd

Revenue
2.2B TWD
Cost of Revenue
-1.6B TWD
Gross Profit
579.5m TWD
Operating Expenses
-584.5m TWD
Operating Income
-5m TWD
Other Expenses
-38m TWD
Net Income
-43m TWD

Income Statement
Shinih Enterprise Co Ltd

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Income Statement
Currency: TWD
Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
19
21
25
27
26
22
20
17
22
25
27
30
35
37
38
38
37
33
32
31
30
29
31
33
31
31
30
28
25
25
19
16
16
16
17
18
18
18
20
21
22
24
25
27
32
30
28
26
22
21
19
19
16
17
19
20
24
26
26
28
29
32
36
39
43
44
44
42
Revenue
2 803
N/A
2 797
0%
2 746
-2%
2 968
+8%
2 864
-3%
3 034
+6%
3 287
+8%
3 357
+2%
3 664
+9%
3 798
+4%
3 820
+1%
3 948
+3%
3 878
-2%
3 945
+2%
3 896
-1%
3 829
-2%
3 788
-1%
3 661
-3%
3 750
+2%
3 784
+1%
3 959
+5%
4 065
+3%
4 173
+3%
4 239
+2%
4 141
-2%
4 062
-2%
4 001
-2%
3 943
-1%
3 857
-2%
3 839
0%
3 725
-3%
3 564
-4%
3 531
-1%
3 437
-3%
3 350
-3%
3 344
0%
3 254
-3%
3 246
0%
3 278
+1%
3 272
0%
3 205
-2%
3 195
0%
3 076
-4%
2 923
-5%
2 849
-3%
2 657
-7%
2 431
-8%
2 394
-2%
2 348
-2%
2 444
+4%
2 633
+8%
2 575
-2%
2 613
+1%
2 620
+0%
2 600
-1%
2 666
+3%
2 630
-1%
2 527
-4%
2 366
-6%
2 211
-7%
2 115
-4%
2 237
+6%
2 281
+2%
2 338
+2%
2 313
-1%
2 210
-4%
2 219
+0%
2 209
0%
Gross Profit
Cost of Revenue
(2 247)
(2 230)
(2 150)
(2 280)
(2 132)
(2 260)
(2 506)
(2 585)
(2 920)
(3 031)
(3 092)
(3 252)
(3 264)
(3 370)
(3 323)
(3 260)
(3 190)
(3 064)
(3 121)
(3 157)
(3 283)
(3 357)
(3 408)
(3 458)
(3 375)
(3 263)
(3 190)
(3 115)
(2 988)
(2 969)
(2 851)
(2 693)
(2 632)
(2 568)
(2 529)
(2 537)
(2 529)
(2 541)
(2 567)
(2 597)
(2 544)
(2 520)
(2 420)
(2 269)
(2 218)
(2 042)
(1 849)
(1 797)
(1 717)
(1 795)
(1 930)
(1 935)
(2 011)
(2 011)
(2 000)
(2 022)
(1 926)
(1 858)
(1 779)
(1 684)
(1 646)
(1 624)
(1 606)
(1 632)
(1 623)
(1 628)
(1 633)
(1 629)
Gross Profit
555
N/A
566
+2%
596
+5%
688
+16%
732
+6%
774
+6%
781
+1%
771
-1%
744
-3%
767
+3%
728
-5%
696
-4%
615
-12%
575
-6%
573
0%
570
-1%
598
+5%
597
0%
630
+5%
626
-1%
676
+8%
707
+5%
765
+8%
781
+2%
767
-2%
800
+4%
811
+1%
828
+2%
869
+5%
870
+0%
874
+0%
871
0%
899
+3%
868
-3%
821
-5%
807
-2%
725
-10%
705
-3%
711
+1%
674
-5%
661
-2%
675
+2%
657
-3%
654
0%
631
-3%
615
-3%
583
-5%
597
+2%
631
+6%
650
+3%
702
+8%
640
-9%
602
-6%
609
+1%
599
-2%
643
+7%
704
+9%
669
-5%
586
-12%
527
-10%
469
-11%
613
+31%
675
+10%
706
+5%
690
-2%
582
-16%
586
+1%
580
-1%
Operating Income
Operating Expenses
(426)
(435)
(436)
(442)
(442)
(447)
(463)
(465)
(469)
(475)
(473)
(484)
(483)
(492)
(512)
(509)
(498)
(489)
(472)
(492)
(522)
(537)
(570)
(576)
(595)
(622)
(641)
(670)
(709)
(721)
(723)
(707)
(715)
(702)
(694)
(709)
(653)
(659)
(676)
(669)
(662)
(659)
(637)
(615)
(610)
(590)
(528)
(519)
(535)
(533)
(558)
(551)
(555)
(597)
(603)
(617)
(605)
(657)
(643)
(633)
(553)
(564)
(571)
(667)
(585)
(669)
(583)
(585)
Selling, General & Administrative
(419)
(428)
(429)
(436)
(438)
(444)
(460)
(462)
(466)
(472)
(471)
(483)
(481)
(491)
(510)
(506)
(496)
(486)
(469)
(489)
(519)
(534)
(567)
(572)
(589)
(614)
(631)
(658)
(670)
(672)
(665)
(636)
(658)
(640)
(629)
(640)
(582)
(584)
(596)
(595)
(591)
(592)
(574)
(549)
(542)
(523)
(477)
(472)
(478)
(477)
(508)
(497)
(500)
(507)
(509)
(518)
(529)
(527)
(508)
(490)
(454)
(456)
(449)
(461)
(488)
(490)
(504)
(512)
Research & Development
(7)
(7)
(7)
(6)
(4)
(3)
(3)
(3)
(3)
(3)
(2)
(2)
(2)
(2)
(2)
(3)
(2)
(3)
(3)
(3)
(3)
(2)
(2)
(3)
(4)
(6)
(9)
(10)
(39)
(48)
(59)
(71)
(57)
(62)
(65)
(69)
(71)
(75)
(80)
(73)
(71)
(67)
(63)
(65)
(68)
(67)
(66)
(63)
(58)
(42)
(37)
(40)
(54)
(56)
(61)
(66)
(75)
(80)
(85)
(93)
(99)
(107)
(122)
(122)
(97)
(95)
(81)
0
Other Operating Expenses
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
16
0
(14)
(14)
(14)
0
(34)
(34)
(34)
0
(50)
(50)
(50)
0
0
0
(84)
0
(84)
0
(73)
Operating Income
130
N/A
131
+1%
159
+21%
246
+55%
290
+18%
327
+13%
317
-3%
306
-4%
276
-10%
293
+6%
255
-13%
212
-17%
132
-38%
83
-37%
61
-26%
61
0%
101
+64%
108
+8%
158
+46%
135
-15%
154
+14%
170
+10%
195
+14%
204
+5%
172
-16%
178
+3%
170
-4%
158
-7%
160
+1%
150
-6%
151
+1%
164
+9%
184
+12%
166
-10%
127
-24%
98
-23%
72
-27%
47
-35%
34
-26%
6
-83%
(1)
N/A
17
N/A
19
+16%
39
+101%
22
-45%
25
+16%
55
+120%
78
+41%
96
+23%
117
+22%
144
+23%
90
-38%
48
-47%
12
-74%
(4)
N/A
26
N/A
99
+284%
12
-88%
(56)
N/A
(106)
-88%
(84)
+21%
50
N/A
104
+110%
39
-63%
105
+170%
(87)
N/A
4
N/A
(5)
N/A
Pre-Tax Income
Interest Income Expense
44
64
60
2
(24)
(40)
(28)
(17)
(53)
(45)
(65)
(10)
13
(4)
10
(45)
(45)
(20)
(17)
(5)
7
2
(19)
(4)
12
3
12
28
(13)
(12)
(17)
(64)
(54)
(80)
(55)
(25)
(21)
12
20
3
6
6
(11)
(8)
(23)
(21)
(42)
(44)
(32)
(35)
(28)
(17)
(12)
1
21
44
30
27
25
32
44
69
84
37
79
66
(46)
0
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(15)
(16)
0
0
0
0
0
0
0
0
(34)
0
0
0
(50)
0
0
0
0
0
(85)
0
(85)
0
0
0
Gain/Loss on Disposition of Assets
5
0
0
0
(2)
0
0
0
(1)
0
(9)
(1)
(8)
(0)
9
(0)
1
1
0
4
4
5
5
1
5
3
4
2
(1)
(1)
(2)
3
1
(1)
0
(3)
(1)
1
(1)
(1)
0
(2)
(1)
(0)
(22)
(21)
(22)
27
44
48
50
23
24
25
25
2
2
89
96
98
99
12
5
6
3
2
3
0
Total Other Income
(2)
4
(3)
1
(14)
(13)
(2)
(14)
13
12
5
(10)
(5)
(12)
(9)
12
8
8
8
9
10
11
10
5
23
26
24
26
11
10
14
11
30
30
30
32
29
26
32
36
42
45
41
32
14
14
17
19
46
40
36
40
771
780
783
790
363
643
639
644
312
27
14
13
3
14
25
10
Pre-Tax Income
177
N/A
199
+12%
216
+9%
250
+15%
250
+0%
273
+9%
287
+5%
274
-5%
235
-14%
259
+10%
187
-28%
191
+2%
132
-31%
67
-49%
71
+6%
27
-61%
65
+138%
97
+49%
150
+53%
143
-5%
174
+22%
187
+8%
191
+2%
207
+8%
212
+2%
211
-1%
210
0%
214
+2%
157
-27%
147
-6%
145
-1%
114
-21%
162
+41%
116
-28%
102
-12%
103
+1%
79
-24%
85
+8%
86
+1%
44
-49%
47
+8%
66
+40%
33
-51%
47
+44%
(10)
N/A
(3)
+71%
9
N/A
80
+803%
153
+91%
170
+11%
202
+19%
136
-32%
797
+484%
818
+3%
826
+1%
862
+4%
444
-48%
770
+73%
704
-9%
668
-5%
372
-44%
157
-58%
123
-22%
95
-23%
104
+10%
(6)
N/A
(16)
-176%
5
N/A
Net Income
Tax Provision
(87)
(99)
(58)
(74)
(87)
(93)
(91)
(79)
(72)
(81)
(69)
(66)
(68)
(50)
(57)
(59)
(48)
(47)
(42)
(35)
(47)
(59)
(75)
(84)
(76)
(78)
(77)
(88)
(80)
(78)
(72)
(53)
(77)
(58)
(50)
(50)
(23)
(29)
(26)
(21)
(30)
(35)
(32)
(43)
(30)
(24)
(41)
(38)
(63)
(73)
(85)
(83)
(269)
(277)
(289)
(331)
(203)
(278)
(297)
(298)
(195)
(126)
(66)
(60)
(76)
(81)
(50)
(24)
Income from Continuing Operations
90
101
159
176
164
180
196
196
163
178
118
125
64
17
14
(31)
17
50
107
108
127
129
116
123
136
133
132
127
77
69
73
61
84
57
52
53
55
55
60
23
18
31
1
4
(40)
(27)
(32)
42
90
97
117
54
528
542
537
531
241
492
407
370
176
32
57
36
29
(84)
(64)
(18)
Income to Minority Interest
(12)
(12)
(12)
(16)
(18)
(20)
(21)
(20)
(19)
(19)
(16)
(15)
(12)
(9)
(10)
(10)
(11)
(15)
(17)
(19)
(21)
(21)
(20)
(20)
(21)
(21)
(18)
(14)
(10)
(6)
(5)
(8)
(11)
(11)
(12)
(11)
(7)
(9)
(12)
(13)
(17)
(18)
(17)
(20)
(10)
(9)
(8)
(6)
(15)
(16)
(18)
(17)
(14)
(14)
(13)
(15)
(17)
(15)
(16)
(16)
(19)
(21)
(20)
(23)
(23)
(25)
(26)
(24)
Net Income (Common)
78
N/A
89
+13%
147
+66%
160
+9%
146
-9%
160
+10%
175
+9%
176
+1%
144
-18%
159
+11%
102
-36%
110
+8%
53
-52%
8
-85%
5
-42%
(41)
N/A
6
N/A
35
+465%
90
+157%
89
-1%
106
+19%
108
+2%
95
-12%
103
+8%
116
+12%
112
-3%
114
+2%
113
-1%
66
-41%
63
-5%
69
+9%
53
-23%
73
+38%
46
-37%
40
-13%
43
+6%
48
+12%
47
-2%
48
+2%
10
-79%
1
-92%
13
+1 542%
(16)
N/A
(15)
+5%
(50)
-224%
(36)
+28%
(40)
-10%
37
N/A
75
+105%
80
+6%
99
+23%
36
-63%
513
+1 314%
528
+3%
524
-1%
516
-1%
224
-57%
477
+113%
392
-18%
354
-10%
158
-55%
11
-93%
36
+239%
12
-67%
5
-57%
(111)
N/A
(91)
+18%
(43)
+53%
EPS (Diluted)
0.77
N/A
0.87
+13%
1.45
+67%
1.59
+10%
1.45
-9%
1.59
+10%
1.75
+10%
1.76
+1%
1.43
-19%
1.59
+11%
1.02
-36%
1.1
+8%
0.52
-53%
0.08
-85%
0.04
-50%
-0.42
N/A
0.06
N/A
0.34
+467%
0.89
+162%
0.88
-1%
1.04
+18%
1.03
-1%
0.82
-20%
0.89
+9%
1.02
+15%
0.97
-5%
0.99
+2%
0.98
-1%
0.57
-42%
0.55
-4%
0.6
+9%
0.47
-22%
0.63
+34%
0.42
-33%
0.38
-10%
0.39
+3%
0.42
+8%
0.43
+2%
0.44
+2%
0.1
-77%
0.01
-90%
0.12
+1 100%
-0.15
N/A
-0.14
+7%
-0.45
-221%
-0.33
+27%
-0.36
-9%
0.34
N/A
0.69
+103%
0.74
+7%
0.91
+23%
0.33
-64%
4.68
+1 318%
4.94
+6%
4.95
+0%
4.87
-2%
2.11
-57%
4.45
+111%
3.69
-17%
3.33
-10%
1.48
-56%
0.1
-93%
0.34
+240%
0.11
-68%
0.05
-55%
-1.05
N/A
-0.86
+18%
-0.41
+52%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
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