Shin Shin Co Ltd

TW:2901 Taiwan Department Stores
Market Cap
$52.32 Million
NT$1.73 Billion TWD
Market Cap Rank
#24912 Global
#1547 in Taiwan
Share Price
NT$23.70
Change (1 day)
-0.21%
52-Week Range
NT$23.40 - NT$27.45
All Time High
NT$35.85
About

Shin Shin Co Ltd. operates supermarkets, department store retail, cinemas, parking lots, leasing, and other business in Taiwan. It also offers VAC products, military fashion, and customized gifts. The company was founded in 1971 and is based in Taipei, Taiwan.

Shin Shin Co Ltd (2901) - Total Assets

Latest total assets as of September 2025: NT$998.53 Million TWD

Based on the latest financial reports, Shin Shin Co Ltd (2901) holds total assets worth NT$998.53 Million TWD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Shin Shin Co Ltd - Total Assets Trend (2002–2024)

This chart illustrates how Shin Shin Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shin Shin Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shin Shin Co Ltd's total assets of NT$998.53 Million consist of 47.8% current assets and 52.2% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 45.3%
Accounts Receivable NT$11.20 Million 1.1%
Inventory NT$2.87 Million 0.3%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$0.00 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how Shin Shin Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Shin Shin Co Ltd's current assets represent 47.8% of total assets in 2024, an increase from 0.0% in 2002.
  • Cash Position: Cash and equivalents constituted 45.3% of total assets in 2024, up from 21.6% in 2002.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2002.
  • Asset Diversification: The largest asset category is accounts receivable at 1.1% of total assets.

Shin Shin Co Ltd Competitors by Total Assets

Key competitors of Shin Shin Co Ltd based on total assets are shown below.

Shin Shin Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.09 - 0.16

Lower asset utilization - Shin Shin Co Ltd generates 0.13x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.50% - 4.00%

Moderate ROA - For every $100 in assets, Shin Shin Co Ltd generates $ 2.96 in net profit.

Shin Shin Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 8.12 8.35 8.64
Quick Ratio 8.09 8.31 8.60
Cash Ratio 0.00 0.00 0.00
Working Capital NT$422.22 Million NT$ 413.68 Million NT$ 364.24 Million

Shin Shin Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shin Shin Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 2.05
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -0.4%
Total Assets NT$1.01 Billion
Market Capitalization $22.30 Million USD

Valuation Analysis

Below Book Valuation: The market values Shin Shin Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Shin Shin Co Ltd's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Shin Shin Co Ltd (2002–2024)

The table below shows the annual total assets of Shin Shin Co Ltd from 2002 to 2024.

Year Total Assets Change
2024-12-31 NT$1.01 Billion -0.42%
2023-12-31 NT$1.01 Billion +1.89%
2022-12-31 NT$994.00 Million +1.41%
2021-12-31 NT$980.15 Million -0.86%
2020-12-31 NT$988.69 Million -0.69%
2019-12-31 NT$995.55 Million -0.42%
2018-12-31 NT$999.79 Million +0.23%
2017-12-31 NT$997.46 Million +1.34%
2016-12-31 NT$984.32 Million -1.69%
2015-12-31 NT$1.00 Billion +1.17%
2014-12-31 NT$989.65 Million -0.25%
2013-12-31 NT$992.12 Million +0.35%
2012-12-31 NT$988.70 Million +0.21%
2011-12-31 NT$986.61 Million +2.27%
2010-12-31 NT$964.67 Million -0.83%
2009-12-31 NT$972.75 Million +0.31%
2008-12-31 NT$969.72 Million -1.32%
2007-12-31 NT$982.73 Million +0.87%
2006-12-31 NT$974.23 Million -0.73%
2005-12-31 NT$981.40 Million -0.23%
2004-12-31 NT$983.70 Million +0.23%
2003-12-31 NT$981.47 Million +2.34%
2002-12-31 NT$959.03 Million --