Dashboard
1
High Management Efficiency with a high ROE of 10.93%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 56.38
3
Poor long term growth as Net Sales has grown by an annual rate of 1.71% and Operating profit at 12.71% over the last 5 years
4
Flat results in Jun 25
5
With ROE of 8.13%, it has a Fair valuation with a 0.76 Price to Book Value
6
Market Beating performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
8.33%
0%
8.33%
6 Months
14.04%
0%
14.04%
1 Year
78.08%
0%
78.08%
2 Years
34.02%
0%
34.02%
3 Years
31.31%
0%
31.31%
4 Years
-1.52%
0%
-1.52%
5 Years
103.12%
0%
103.12%
Shineroad International Holdings Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
1.71%
EBIT Growth (5y)
12.71%
EBIT to Interest (avg)
56.38
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
1.55
Tax Ratio
30.20%
Dividend Payout Ratio
32.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
25.61%
ROE (avg)
10.93%
Valuation key factors
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.76
EV to EBIT
4.49
EV to EBITDA
4.34
EV to Capital Employed
0.69
EV to Sales
0.41
PEG Ratio
0.19
Dividend Yield
NA
ROCE (Latest)
15.32%
ROE (Latest)
8.13%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bearish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
755.40
846.90
-10.80%
Operating Profit (PBDIT) excl Other Income
30.30
72.10
-57.98%
Interest
1.50
0.60
150.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
22.40
55.40
-59.57%
Operating Profit Margin (Excl OI)
40.10%
79.90%
-3.98%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is -10.80% vs -18.63% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -59.57% vs -46.58% in Dec 2022
About Shineroad International Holdings Ltd. 
Shineroad International Holdings Ltd.
Retailing
No Details Available.
Company Coordinates 
No Company Details Available






