Shin Yang Shipping Corporation Bhd (5173) — Net Asset Quality Index

Latest as of March 2026: 78.4%

Shin Yang Shipping Corporation Bhd (5173) has a Net Asset Quality Index of 78.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM2.08 Billion minus total liabilities of RM448.07 Million yields net assets of RM1.63 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Shin Yang Shipping Corporation Bhd to measure how many days the company can operate on defensive assets alone.

Quality Index

78.4%
Equity / Total Assets

Net Assets

RM1.63 Billion
MYR

Total Assets

RM2.08 Billion
MYR

Total Liabilities

RM448.07 Million
MYR

Shin Yang Shipping Corporation Bhd Net Asset Quality Index Over Time (2012–2025)

This chart shows how Shin Yang Shipping Corporation Bhd's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the index stands at 78.4%, representing net assets of RM1.63 Billion against total assets of RM2.08 Billion MYR. Explore Shin Yang Shipping Corporation Bhd (5173) cash conversion ratio to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Shin Yang Shipping Corporation Bhd (2012–2025)

The table below presents the year-by-year Net Asset Quality Index for Shin Yang Shipping Corporation Bhd from 2012 to 2025, covering 14 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see 5173 market cap overview.

Year Quality Index Net Assets (MYR) Total Assets Total Liabilities Change (pp)
2025 75.2% RM1.51 Billion RM2.01 Billion RM498.05 Million ▼ -5.5 pp
2024 80.7% RM1.30 Billion RM1.61 Billion RM310.77 Million ▲ +2.7 pp
2023 78.0% RM1.23 Billion RM1.57 Billion RM345.91 Million ▲ +6.6 pp
2022 71.4% RM1.06 Billion RM1.49 Billion RM425.69 Million ▲ +4.4 pp
2021 67.0% RM928.19 Million RM1.38 Billion RM456.63 Million ▲ +2.5 pp
2020 64.5% RM911.27 Million RM1.41 Billion RM501.38 Million ▼ -0.5 pp
2019 65.0% RM1.07 Billion RM1.64 Billion RM574.02 Million ▼ -3.6 pp
2018 68.6% RM1.17 Billion RM1.71 Billion RM536.55 Million ▲ +4.1 pp
2017 64.5% RM1.16 Billion RM1.79 Billion RM635.05 Million ▲ +5.6 pp
2016 58.9% RM1.15 Billion RM1.95 Billion RM802.63 Million ▲ +4.8 pp
2015 54.2% RM1.16 Billion RM2.14 Billion RM983.00 Million ▲ +5.5 pp
2014 48.7% RM1.13 Billion RM2.33 Billion RM1.19 Billion ▲ +3.5 pp
2013 45.1% RM1.12 Billion RM2.49 Billion RM1.37 Billion ▼ -6.6 pp
2012 51.8% RM1.13 Billion RM2.19 Billion RM1.05 Billion
pp = percentage points