Shinkong Textile Co., Ltd.
Shinkong Textile Co., Ltd. (TAI: 1419) is trading at NT$65.90, about ₹200 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, up 0.30% today. Shinkong Textile is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$65.70
Today's high
NT$65.90
52 week low
NT$53.00
52 week high
NT$80.80
1419 opened at NT$65.70, closed previously at NT$65.70, and has traded between NT$53.00 and NT$80.80 over the past 52 weeks.
About
Shinkong Textile Co., Ltd. specializes in the manufacturing and global distribution of diverse cotton and CVC yarns, synthetic fibers, and completed fabrics. Its business activities are channeled through three main divisions: Marketing, Retail, and Real Estate. Within its synthetic fiber offerings, the company provides services such as digital printing, fabric dyeing, and the production of reflective yarn, flannel, and bi-stretch fabrics. It also manufactures knitted materials for base layers, mid layers, and outerwear, as well as a range of wool textile items. Additionally, Shinkong Textile Co., Ltd. extends its operations to include the import and retail of clothing, alongside the leasing and sale of both commercial properties and public housing. Established in 1955, the company's main office is situated in Taipei, Taiwan.
Key statistics
Avg. volume
122.61K
Market cap
NT$19.72B
P/E Ratio
4.74
Price-to-sales ratio
3.72
Enterprise value
NT$23.86B
Free cash flow yield
5.53%
Debt-to-equity ratio
0.12
Return on equity
7.02%
ROIC
1.70%
Beta
0.37
Dividend yield
2.73%
Last dividend
NT$1.80
Financial overview
Revenue
NT$4.73B
Earnings per share
NT$4.11
Free cash flow
NT$1.10B
Net profit margin
78.54%
Gross margin
24.85%
EBITDA
NT$612.59M
Revenue growth
12.31%
Similar securities
This is not an investment recommendation
Shinkong Textile for Indian investors
Shinkong Textile is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Shinkong Textile for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Shinkong Textile’s current yield is 2.73%.Dividend tax explained
FAQs
Can I buy Shinkong Textile on Paasa?
Shinkong Textile (1419) has been listed on the Taiwan Stock Exchange since 1977, in the Manufacturing - Textiles industry. Shinkong Textile is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Shinkong Textile share cost in rupees?
One Shinkong Textile share is NT$65.90 — about ₹200 at a TWD/INR rate of 3.03 on 9 Oct 2026. Both the Shinkong Textile price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Shinkong Textile shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Shinkong Textile price.
Does Shinkong Textile pay a dividend, and how is it taxed in India?
Yes. Shinkong Textile pays a dividend and the current yield is 2.73%; the last declared dividend was NT$1.80 per share, about ₹5.46. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Shinkong Textile shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Shinkong Textile?
Yes. Shinkong Textile is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.