Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
18.23B | 14.02B | 16.33B | 15.04B | 11.96B | Gross Profit |
11.10B | 8.32B | 9.80B | 9.32B | 7.40B | EBIT |
4.56B | 2.49B | 4.00B | 3.94B | 2.37B | EBITDA |
5.38B | 3.99B | 4.98B | 4.84B | 3.10B | Net Income Common Stockholders |
2.29B | 2.30B | 3.06B | 2.95B | 1.60B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
11.48B | 8.76B | 9.44B | 7.15B | 5.58B | Total Assets |
33.04B | 28.67B | 27.50B | 25.31B | 21.51B | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 400.00M | Net Debt |
-11.48B | -6.69B | -9.44B | -7.15B | -5.18B | Total Liabilities |
6.14B | 3.89B | 4.17B | 4.38B | 4.04B | Stockholders Equity |
26.90B | 24.78B | 23.33B | 20.93B | 17.47B |
Cash Flow | Free Cash Flow | |||
3.47B | 58.91M | 3.21B | 2.31B | 1.40B | Operating Cash Flow |
4.20B | 1.94B | 3.81B | 3.01B | 2.43B | Investing Cash Flow |
51.00M | -1.40B | -939.36M | -1.12B | -1.15B | Financing Cash Flow |
-873.00M | -1.77B | -800.47M | -916.11M | -771.81M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $8.94T | 16.80 | 11.81% | 2.39% | 6.06% | 3.97% | |
74 Outperform | $3.68T | 14.64 | 7.77% | 2.13% | 7.29% | 4.85% | |
72 Outperform | $275.53B | 10.97 | 7.16% | 4.75% | 10.04% | -13.43% | |
68 Neutral | ¥47.17B | 20.28 | 1.81% | 30.06% | -0.11% | ||
64 Neutral | $602.92B | 11.93 | 5.83% | 4.49% | 5.15% | -8.48% | |
63 Neutral | ¥222.73B | 8.16 | 6.01% | 3.37% | 6.27% | 59.86% | |
49 Neutral | $1.96B | -1.23 | -21.20% | 3.72% | 0.88% | -29.24% |
MEC Company Ltd. has announced its commitment to reinforcing corporate governance to maximize stakeholder returns and enhance corporate value. The company is actively promoting diversity in management and has implemented policies to ensure fair decision-making and transparency. MEC’s strategic initiatives include maintaining necessary shares for business relationships, exercising voting rights responsibly, and enhancing information disclosure. These efforts are aimed at sustainable growth and aligning with the Corporate Governance Code, which positions MEC favorably in the industry and benefits its stakeholders.
MEC Company Ltd. announced corrections to its previously released Consolidated Financial Results for the fiscal year ended December 31, 2024. The corrections pertain to the cash flow indicators, specifically the equity ratio based on market value, which was adjusted from 249.1% to 198.6%. This correction may impact stakeholders’ perceptions of the company’s financial health and market valuation.
MEC Company Ltd. has announced a revision in its plans for the new Kitakyushu Plant, initially set to commence operations in October 2025, now postponed to December 2026. This change is driven by the need to accommodate a broader range of product demands and secure future production capacity, reflecting the company’s strategic response to evolving market conditions. The delay is expected to have minimal impact on the financial results for the fiscal year ending December 31, 2025.
MEC Company Ltd. announced its decision to receive dividends from its subsidiary, MEC (Hong Kong) Ltd., which is scheduled for liquidation. The dividend amount of 107 million HK dollars will be recorded as non-operating income in the company’s non-consolidated financial statements, with no impact on the consolidated financial results for the interim period ending December 31, 2025.
MEC Company Ltd. has commissioned a sponsored research report to enhance communication with international investors and improve their understanding of the company’s business model and future vision. The report, prepared by Nippon Investment Bespoke Research UK Ltd, aims to support investor relations by providing insights into the company’s past earnings trends and management strategies.
MEC Company Ltd. reported strong financial results for the fiscal year ended December 31, 2024, with net sales increasing by 30.1% and operating income rising by 83.0% compared to the previous year. However, the profit attributable to owners of the parent declined slightly by 0.6%. The company’s financial position strengthened with an increase in total assets and net assets, though the equity-to-asset ratio decreased. Cash flow from operating activities showed a significant improvement, emphasizing the company’s robust operational performance. The company also announced a dividend payment plan, highlighting its commitment to returning value to shareholders.
MEC Company Ltd. has announced its commitment to the TCFD recommendations, emphasizing climate change as a significant management issue. The company has established an ESG Committee chaired by the CEO to oversee climate-related risks and opportunities, with the Board of Directors ultimately responsible for policy decisions and effectiveness of measures.
MEC Company Ltd. announced a significant restructuring of its leadership team, with new appointments and retirements of directors and operating officers. This move is expected to enhance the company’s strategic direction and operational efficiency, potentially impacting its market positioning and stakeholder relationships positively.
MEC Company Ltd. announced a discrepancy between their forecasted and actual consolidated earnings for the fiscal year ended December 31, 2024. The actual results showed lower earnings than forecasted due to increased corporate taxes resulting from the dissolution and liquidation of MEC (Hong Kong) Ltd., and restructuring efforts to make MEC Fine Chemical (Zhuhai) Ltd. a wholly owned subsidiary, impacting the company’s overall financial performance.
MEC Company Ltd. reported significant financial growth for the fiscal year ending December 2024, with sales increasing by 30.1% year-over-year to 18,234 million yen and operating income rising by 83% to 4,562 million yen. This positive financial performance is attributed to strong sales in their major products and favorable exchange rate impacts, enhancing the company’s market positioning and potentially benefiting stakeholders.
MEC Company Ltd. announced its consolidated financial results for the fiscal year ended December 31, 2024, reporting substantial growth in net sales and operating income, with net sales reaching ¥18,234 million, a 30.1% increase, and operating income soaring by 83%. However, profit attributable to owners slightly declined by 0.6%. The company’s strategic focus on enhancing operational efficiency has led to improvements in its financial position and cash flows, reflecting a robust performance that may positively influence stakeholder confidence.
MEC Company Ltd. has announced its commitment to the TCFD recommendations by disclosing information on climate-related risks and opportunities and outlining countermeasures in alignment with these guidelines. The company’s governance structure, led by the CEO & President through the ESG Committee, actively deliberates and implements strategies to manage climate-related challenges, with oversight by the Board of Directors to ensure effective execution and achievement of climate targets.
MEC Company Ltd. has announced a significant reshuffle in its leadership, with new appointments and retirements among its Directors and Operating Officers. This strategic move, involving key positions such as Director and Operating Officer, is set to officially take place following the upcoming Ordinary General Meeting of Shareholders in March 2025. The appointments are expected to strengthen MEC’s management team and enhance its strategic operations, which could potentially influence its market positioning and stakeholder relationships.
MEC Company Ltd. announced differences between their forecasted and actual consolidated earnings for the fiscal year ending December 31, 2024, citing a shortfall due to increased taxes arising from corporate restructuring. This restructuring involved dissolving MEC (HONG KONG) LTD. and making MEC FINE CHEMICAL (ZHUHAI) LTD. a wholly owned subsidiary, impacting their financial results significantly.
MEC Company Ltd. reported a significant increase in its financial performance for the fiscal year ending December 2024, with sales rising by 30.1% to 18,234 million yen and operating income up by 83% to 4,562 million yen. The company attributed this growth to increased sales of major products and favorable exchange rate impacts, indicating a strong positioning in the chemical industry and positive implications for stakeholders.
MEC Company Ltd. reported a significant increase in its financial performance for the fiscal year ended December 31, 2024, with net sales up by 30.1% and an 83% rise in operating income compared to the previous year. The company’s strong financial results, despite a slight decrease in profit attributable to owners, highlight its robust market position and operational efficiency, positively impacting stakeholders and reinforcing its competitive stance within the industry.