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Shine Justice Ltd. (AU:SHJ)
ASX:SHJ
Australian Market
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Shine Justice Ltd. (SHJ) AI Stock Analysis

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AU:SHJ

Shine Justice Ltd.

(Sydney:SHJ)

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Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
AU$0.63
▲(7.29% Upside)
Action:Reiterated
Date:08/29/26
The score is driven primarily by moderately solid financial fundamentals (sound balance sheet and generally positive free cash flow) offset by historically volatile earnings and flat revenue trends. Valuation is a clear positive due to the moderate P/E and high dividend yield, while technical indicators are weaker with the price below longer-term moving averages and slightly negative MACD.
Positive Factors
Sound balance sheet
Moderate, stable leverage and substantial equity reduce balance-sheet stress and preserve financial flexibility. The absence of major deterioration supports resilience through uneven earnings, although it has not translated into strong recent shareholder returns.
Negative Factors
Flat to declining revenue
Limited revenue growth indicates weak underlying expansion in the company’s addressable business and reduces operating leverage. Continued stagnation could constrain profit growth, investment capacity and the ability to offset cost pressures over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Sound balance sheet
Moderate, stable leverage and substantial equity reduce balance-sheet stress and preserve financial flexibility. The absence of major deterioration supports resilience through uneven earnings, although it has not translated into strong recent shareholder returns.
Read all positive factors

Shine Justice Ltd. (SHJ) vs. iShares MSCI Australia ETF (EWA)

Shine Justice Ltd. Business Overview & Revenue Model

Company Description
Shine Justice Ltd provides legal services in Australia and New Zealand. It operates in two segments, Personal Injury and Class Actions. The company provides legal services for motor vehicle accidents, abuse law, workers’ compensation, public liabi...

Shine Justice Ltd. Financial Statement Overview

Summary
Balance sheet appears sound with moderate, steady leverage and sizable equity, and free cash flow is positive in most years with improved recent conversion vs earnings. However, revenue is broadly flat and profitability has been volatile, with margins and shareholder returns materially weaker than the FY2021–FY2022 peak despite a partial rebound in FY2026.
Income Statement
54
Neutral
Balance Sheet
68
Positive
Cash Flow
60
Neutral
BreakdownJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue209.17M204.94M195.73M223.14M213.19M
Gross Profit195.53M83.35M79.85M107.22M101.61M
EBITDA43.73M16.28M34.67M29.61M63.43M
Net Income9.60M572.00K6.04M3.31M31.14M
Balance Sheet
Total Assets593.29M575.52M592.58M638.75M654.24M
Cash, Cash Equivalents and Short-Term Investments12.51M18.06M34.83M21.09M51.86M
Total Debt98.82M99.03M85.99M111.88M92.71M
Total Liabilities333.55M314.22M319.95M367.91M376.44M
Stockholders Equity262.91M261.65M272.46M270.68M277.64M
Cash Flow
Free Cash Flow16.33M17.93M48.45M707.00K4.89M
Operating Cash Flow19.04M19.49M49.44M8.33M10.63M
Investing Cash Flow-2.99M-47.00K-3.92M-9.50M-5.01M
Financing Cash Flow-21.57M-30.82M-37.19M-29.62M-9.71M

Shine Justice Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.59
Price Trends
50DMA
0.60
Positive
100DMA
0.65
Negative
200DMA
0.67
Negative
Market Momentum
MACD
<0.01
Negative
RSI
53.35
Neutral
STOCH
64.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SHJ, the sentiment is Positive. The current price of 0.59 is below the 20-day moving average (MA) of 0.61, below the 50-day MA of 0.60, and below the 200-day MA of 0.67, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.35 is Neutral, neither overbought nor oversold. The STOCH value of 64.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SHJ.

Shine Justice Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
AU$105.87M10.933.65%8.00%2.32%1630.30%
56
Neutral
AU$13.45M29.004.70%28.73%354.55%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SHJ
Shine Justice Ltd.
0.63
-0.02
-2.80%
AU:AFL
AF Legal Group Limited
0.15
0.02
16.00%

Shine Justice Ltd. Corporate Events

Shine Justice files 2026 corporate governance statement and Appendix 4G
Aug 27, 2026
Shine Justice has lodged its Appendix 4G key to corporate governance disclosures and its Corporate Governance Statement for the financial year ended 30 June 2026. The documents, approved by the board and made available via the company&#8217;s webs...
Shine Justice Releases FY26 Full-Year Results Presentation
Aug 27, 2026
Shine Justice Ltd has released its full-year results presentation for the financial year ended 30 June 2026, providing investors with detailed financial and operational performance data. The presentation, authorised by the Board, forms the basis f...
Shine Justice Declares Interim Dividend for June Half-Year
Aug 27, 2026
Shine Justice Ltd has declared an interim dividend of AUD 0.025 per ordinary fully paid share for the six-month period ended 30 June 2026. The dividend will be paid on 14 October 2026, with an ex-dividend date of 28 September and a record date of ...
Shine Justice Marks 50 Years as It Releases 2026 Annual Report
Aug 27, 2026
Shine Justice Ltd has released its 2026 Annual Report to the market, marking a formal update to investors and stakeholders on the company&#8217;s performance and activities over the past financial year. The report is authorised by the board, under...
Shine Justice posts profit surge and lifts fully franked dividend
Aug 27, 2026
Shine Justice Ltd has reported a modest 2.3% increase in revenue to $209.2 million for the year ended 30 June 2026, but a sharply higher net profit attributable to members of $9.3 million, up more than fourteen-fold from the prior year. The result...
Shine Justice Sets October Date for 2026 AGM and Director Nominations
Aug 19, 2026
Shine Justice Ltd, an ASX-listed legal services company, operates within the Australian justice sector and is overseen by a board whose composition is subject to shareholder approval at regular general meetings. The firm&#8217;s governance structu...
Shine Justice Sets Date for FY26 Results and Investor Briefing
Jul 22, 2026
Shine Justice Ltd has scheduled the release of its financial results for the year ended 30 June 2026 for Friday, 28 August 2026. The company will host an analyst and investor briefing at 10:30 a.m. AEST on the same day, underscoring its ongoing en...
Shine Justice Director Bayes Boosts Equity Stake via FY27 Rights Grant
Jul 1, 2026
Shine Justice non-executive director David Sutton Bayes has increased his equity-linked remuneration through the grant of 47,123 FY27 NED Rights, entitlements to acquire fully paid ordinary shares under the company&#8217;s Non-executive Director E...
Shine Justice Issues New Salary Sacrifice Rights Under Employee Scheme
Jul 1, 2026
Shine Justice Ltd has issued 192,741 unquoted salary sacrifice rights under its employee incentive scheme, effective 1 July 2026. The rights, which will not be quoted on the ASX, form part of the company&#8217;s broader approach to compensating st...
Shine Justice Performance Rights Lapse Reduces Equity Incentive Pool
Jun 25, 2026
Shine Justice Ltd has announced the cessation of 215,236 performance rights identified under the ASX security code SHJAA. These performance rights lapsed because the conditions attached to them were not satisfied or became incapable of being met, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 29, 2026