Financials Shinsho Corporation

Equities

8075

JP3374000002

Iron & Steel

Market Closed - Japan Exchange 02:00:00 2024-07-10 am EDT 5-day change 1st Jan Change
8,340 JPY -1.53% Intraday chart for Shinsho Corporation +2.21% +46.83%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Capitalization 1 22,863 16,693 19,932 31,523 51,040 63,540
Enterprise Value (EV) 1 79,863 65,870 56,471 82,586 101,802 111,988
P/E ratio 4.55 x 10.2 x 9.07 x 4.42 x 5.56 x 6.97 x
Yield 4.26% 4.77% 2.22% 6.88% 5.43% -
Capitalization / Revenue 0.02 x 0.02 x 0.03 x 0.06 x 0.09 x 0.11 x
EV / Revenue 0.08 x 0.07 x 0.07 x 0.17 x 0.17 x 0.19 x
EV / EBITDA 8.34 x 10.9 x 10.8 x 7.66 x 6.8 x 7 x
EV / FCF -5.8 x 5.88 x 4.06 x -6.18 x 69.5 x 50.3 x
FCF Yield -17.2% 17% 24.6% -16.2% 1.44% 1.99%
Price to Book 0.43 x 0.32 x 0.36 x 0.5 x 0.7 x 0.74 x
Nbr of stocks (in thousands) 8,855 8,856 8,855 8,855 8,800 8,801
Reference price 2 2,582 1,885 2,251 3,560 5,800 7,220
Announcement Date 6/26/19 6/25/20 6/25/21 6/24/22 6/23/23 6/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 952,507 936,031 784,160 494,351 584,856 591,431
EBITDA 1 9,579 6,023 5,206 10,779 14,978 15,998
EBIT 1 7,924 4,553 3,787 9,309 13,458 14,454
Operating Margin 0.83% 0.49% 0.48% 1.88% 2.3% 2.44%
Earnings before Tax (EBT) 1 6,845 3,063 3,076 10,472 13,571 13,581
Net income 1 5,019 1,629 2,198 7,136 9,196 9,111
Net margin 0.53% 0.17% 0.28% 1.44% 1.57% 1.54%
EPS 2 566.9 184.0 248.2 806.0 1,043 1,035
Free Cash Flow 1 -13,767 11,200 13,893 -13,358 1,464 2,228
FCF margin -1.45% 1.2% 1.77% -2.7% 0.25% 0.38%
FCF Conversion (EBITDA) - 185.96% 266.87% - 9.78% 13.92%
FCF Conversion (Net income) - 687.55% 632.09% - 15.92% 24.45%
Dividend per Share 2 110.0 90.00 50.00 245.0 315.0 -
Announcement Date 6/26/19 6/25/20 6/25/21 6/24/22 6/23/23 6/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 347,070 224,176 127,088 140,939 278,618 156,216 136,586 279,411 154,119
EBITDA - - - - - - - - -
EBIT 1 1,380 4,086 3,267 3,437 6,419 3,427 2,507 6,002 3,280
Operating Margin 0.4% 1.82% 2.57% 2.44% 2.3% 2.19% 1.84% 2.15% 2.13%
Earnings before Tax (EBT) 1 1,146 4,730 2,658 4,536 6,932 3,466 2,269 5,653 3,648
Net income 1 488 3,858 1,751 3,105 4,432 2,582 1,361 3,713 2,816
Net margin 0.14% 1.72% 1.38% 2.2% 1.59% 1.65% 1% 1.33% 1.83%
EPS 2 55.19 435.7 197.8 350.8 501.4 293.3 154.8 422.0 320.0
Dividend per Share 15.00 85.00 - - 150.0 - - 125.0 -
Announcement Date 10/30/20 10/29/21 1/28/22 8/3/22 11/2/22 2/3/23 8/3/23 11/8/23 2/7/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 57,000 49,177 36,539 51,063 50,762 48,448
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.951 x 8.165 x 7.019 x 4.737 x 3.389 x 3.028 x
Free Cash Flow 1 -13,767 11,200 13,893 -13,358 1,464 2,228
ROE (net income / shareholders' equity) 9.34% 3.17% 2.88% 12.6% 13.8% 11.3%
ROA (Net income/ Total Assets) 1.67% 0.96% 0.83% 1.79% 2.22% 2.28%
Assets 1 299,928 169,476 265,011 398,793 414,982 399,150
Book Value Per Share 2 5,946 5,920 6,295 7,108 8,235 9,771
Cash Flow per Share 2 627.0 1,875 2,533 1,739 1,455 1,399
Capex 1 1,098 2,004 1,549 1,058 1,108 901
Capex / Sales 0.12% 0.21% 0.2% 0.21% 0.19% 0.15%
Announcement Date 6/26/19 6/25/20 6/25/21 6/24/22 6/23/23 6/26/24
1JPY in Million2JPY
Estimates
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