KH Neochem Co.,Ltd. AI Stock Analysis
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KH Neochem Co.,Ltd. (4189) AI Stock Analysis
KH Neochem Co.,Ltd.
(TSE/TYO:4189)
The score is driven primarily by stable financial health anchored by a strong balance sheet, offset by mixed operating performance (recent revenue decline and lower margins vs the cycle peak) and uneven cash-flow consistency. Technical signals are mildly weak in the near term, while reasonable valuation and a ~3.26% dividend yield provide support.
KH Neochem Co.,Ltd. (4189) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 116.78B
- Dividend Yield
- 3.27%
- Average Volume (3M)
- 133.16K
- Price to Earnings (P/E)
- 12.4
- Beta (1Y)
- 0.71
- Revenue Growth
- -6.23%
- EPS Growth
- 8.54%
- Country
- Japan
- Employees
- 863
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals
KH Neochem Co.,Ltd. Business Overview & Revenue Model
Company Description
Operating both domestically in Japan and across global markets, KH Neochem Co., Ltd. specializes in the research, production, and distribution of a wide array of petrochemical goods. Their extensive product portfolio encompasses various chemical comp...
KH Neochem Co.,Ltd. Financial Statement Overview
Summary
Overall fundamentals are stable but mixed. Income statement performance is choppy (2025 revenue down ~6% with margins below the 2021 peak), the balance sheet is a clear strength with conservative/improving leverage (debt-to-equity ~0.26) and steady low-teens ROE, while cash flow is the main risk due to historical volatility despite strong 2025 free cash flow (about ¥9.1B) and improved conversion.
Income Statement
62PositiveBalance Sheet
74PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 109.64B | 115.10B | 119.76B | 115.22B | 114.88B | 117.11B |
| Gross Profit | 26.31B | 24.87B | 25.25B | 21.94B | 24.45B | 32.23B |
| EBITDA | 19.04B | 17.58B | 17.17B | 14.60B | 16.75B | 24.19B |
| Net Income | 9.15B | 7.80B | 8.36B | 6.83B | 8.07B | 13.69B |
Balance Sheet | ||||||
| Total Assets | 132.11B | 130.10B | 131.46B | 124.50B | 131.25B | 122.07B |
| Cash, Cash Equivalents and Short-Term Investments | 7.79B | 6.72B | 7.16B | 9.68B | 10.93B | 16.93B |
| Total Debt | 16.43B | 18.29B | 19.20B | 16.39B | 22.52B | 20.16B |
| Total Liabilities | 54.48B | 57.47B | 59.54B | 58.00B | 69.18B | 64.56B |
| Stockholders Equity | 74.65B | 69.68B | 69.09B | 63.74B | 59.35B | 54.92B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 9.13B | -1.45B | 8.11B | -5.27B | 13.36B |
| Operating Cash Flow | 0 | 13.78B | 6.98B | 13.20B | 5.13B | 17.40B |
| Investing Cash Flow | 0 | -4.63B | -8.90B | -4.94B | -10.08B | -4.39B |
| Financing Cash Flow | 0 | -9.57B | -645.00M | -9.50B | -1.08B | -5.17B |
KH Neochem Co.,Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4189, the sentiment is Negative. The current price of 3290.00 is below the 20-day moving average (MA) of 3362.00, below the 50-day MA of 3338.20, and above the 200-day MA of 2969.77, indicating a neutral trend. The MACD of -10.93 indicates Positive momentum. The RSI at 46.68 is Neutral, neither overbought nor oversold. The STOCH value of 47.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4189.
KH Neochem Co.,Ltd. Peers Comparison
Overall Rating
JP:501384Outperform
JP:404569Neutral
JP:404264Neutral- JP:418962Neutral
JP:497061Neutral
JP:340554Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:5013 | 84Outperform | JPY 41.58B | 9.66 | ― | 3.92% | -0.92% | 0.66% |
| JP:4045 | 69Neutral | JPY 189.19B | 14.03 | 6.32% | 3.83% | 2.33% | 50.31% |
| JP:4042 | 64Neutral | JPY 778.66B | 12.90 | 7.33% | 4.00% | 6.33% | 55.00% |
| JP:4189 | 62Neutral | JPY 125.40B | 12.40 | ― | 3.27% | -6.23% | 8.54% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| JP:4970 | 61Neutral | JPY 56.75B | 16.31 | ― | 0.66% | 20.83% | 89.46% |
| JP:3405 | 54Neutral | JPY 578.33B | 70.76 | 1.03% | 2.72% | 6.57% | 235.30% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:4189 | KH Neochem Co.,Ltd. | 3290.00 | 973.53 | 42.03% | |
| JP:3405 | Kuraray Co | 1945.50 | 410.01 | 26.70% | |
| JP:4045 | Toagosei Co | 1789.00 | 285.79 | 19.01% | |
| JP:4042 | Tosoh Corporation | 2497.00 | 304.48 | 13.89% | |
| JP:4970 | Toyo Gosei Co., Ltd. | 7610.00 | 1079.83 | 16.54% | |
| JP:5013 | Yushiro Chemical Industry Co., Ltd. | 3110.00 | 936.11 | 43.06% |
KH Neochem Co.,Ltd. Corporate Events
KH Neochem Approves Restricted-Stock Employee Incentive Plan
KH Neochem Co., Ltd. said its board approved a restricted-stock incentive plan for employees through the KH Neochem Employee Shareholding Association. The approved treasury-share disposal covers up to 67,000 common shares at an indicative price of 3,...
KH Neochem Approves Buyback of Up to 3.7 Million Shares
KH Neochem Co., Ltd., a Tokyo-listed chemical company, said its board approved the acquisition and cancellation of treasury shares. The company plans to purchase up to 3.7 million common shares, or 10.5% of issued shares excluding treasury stock, for...
KH Neochem Nine-Month Profit Rises Despite Sales Decline
KH Neochem Co., Ltd. reported consolidated results for the nine months ended September 30, 2026, with net sales of ¥83.608 billion, down 3.4% year on year. Operating income rose 22.3% to ¥10.398 billion, ordinary income increased 26.5% to ¥10.445 bil...
KH Neochem Elevates Fujima to President and CEO in 2027 Leadership Shift
KH Neochem Co., Ltd. has announced a leadership transition effective January 1, 2027, as part of an officer reshuffle approved by its Board of Directors. President and CEO Michio Takahashi will become Representative Director and Chairman, while curre...
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: Nov 07, 2026