Shindengen Electric Mfg Co Ltd (6844) AI Stock Analysis

• Market Cap: ¥19.93B
• Dividend Yield: 3.36%
• Average Volume (3M): 58.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: 0.97%
• EPS Growth: 66.01%
• Country: JP
• Employees: 5,276
• Sector: Technology
• Sector Strength: 76
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -172.50
• Shares Outstanding: 10,338,884
• 10 Day Avg. Volume: 67,540
• 30 Day Avg. Volume: 58,843
• PEG Ratio: -1.13
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: ―

Shindengen Electric Mfg Co Ltd faces significant financial challenges with negative profitability and weak cash flow, which are the primary drivers of the stock's underperformance. Technical analysis suggests a downward trend with weak momentum, although some indicators hint at a potential short-term recovery. The negative P/E ratio underscores profitability issues, but the dividend yield offers some appeal. Overall, the company needs to address its financial and operational issues to improve its stock performance.

Shindengen Electric Mfg Co Ltd Business Overview & Revenue Model

Company Description

Shindengen Electric Mfg Co Ltd (6844) is a Japan-based company specializing in the development, manufacture, and distribution of electronic components, power systems, and semiconductor devices. The company's diverse product portfolio includes power supplies, voltage regulators, rectifiers, and automotive electronics. Shindengen operates across several sectors, including the automotive, telecommunications, and industrial equipment industries, providing solutions that enhance energy efficiency and performance.

How the Company Makes Money

Shindengen Electric Mfg Co Ltd generates revenue through the sale of its electronic components and systems to a wide range of industries. The company's key revenue streams include the automotive sector, where it supplies components for electric vehicles and automotive electronics; the telecommunications sector, where it provides power supply solutions; and the industrial sector, where its products are used in various machinery and equipment. Shindengen's earnings are also bolstered by strategic partnerships and collaborations with other technology companies, enabling it to expand its market reach and enhance its product offerings. The company's focus on innovation and energy-efficient solutions further contributes to its revenue by meeting the growing demand for sustainable technologies.

Shindengen Electric Mfg Co Ltd Financial Statement Overview

Summary

Shindengen Electric Mfg Co Ltd presents a mixed financial picture. While there is some growth in revenue, profitability remains a concern with negative net income and declining margins. The balance sheet shows moderate leverage with a stable equity base, but cash flow challenges are evident, particularly in generating free cash flow. The company faces risks from its current profitability and cash flow issues, which need addressing for improved financial health.

Income Statement

The company shows a mixed performance in revenue growth, with a slight increase in TTM revenue compared to the previous annual period, but has struggled with profitability, as evidenced by negative net income and declining EBIT and EBITDA margins in the TTM period. This suggests challenges in controlling costs or competitive pressures impacting pricing.

Balance Sheet

The balance sheet reflects a moderate financial structure with a stable equity base, but a relatively high debt-to-equity ratio indicates potential leverage concerns. However, the equity ratio remains healthy, suggesting that the company maintains a reasonable level of equity compared to its total assets.

Cash Flow

The cash flow statement highlights challenges in generating free cash flow, with significant capital expenditures impacting free cash flow metrics. Zero operating cash flow in the TTM period raises concerns about cash generation from core operations, despite prior periods showing positive operating cash flow.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
103.83B	102.26B	101.01B	92.17B	80.44B	92.97B
	Gross Profit
15.00B	18.55B	17.79B	18.64B	11.42B	14.55B
	EBIT
1.01B	1.28B	3.62B	5.56B	-1.08B	1.76B
	EBITDA
7.20B	7.32B	10.04B	12.62B	426.00M	6.50B
	Net Income Common Stockholders
-549.00M	-712.00M	1.64B	5.90B	-5.56B	-4.16B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
27.00B	26.34B	25.15B	29.61B	26.65B	26.34B
	Total Assets
141.57B	144.67B	138.09B	135.04B	127.81B	121.56B
	Total Debt
42.93B	38.90B	37.53B	39.88B	38.55B	27.23B
	Net Debt
15.93B	12.56B	12.38B	10.27B	11.91B	897.00M
	Total Liabilities
73.70B	73.75B	75.55B	77.81B	78.39B	68.35B
	Stockholders Equity
67.87B	70.92B	62.54B	57.23B	49.41B	53.21B
Cash Flow		Free Cash Flow
0.00	-2.24B	-2.18B	-796.00M	-10.00B	-3.43B
	Operating Cash Flow
0.00	2.21B	2.74B	8.29B	-3.62B	5.83B
	Investing Cash Flow
0.00	-1.78B	-4.09B	-7.91B	-5.67B	-9.65B
	Financing Cash Flow
0.00	-252.00M	-3.55B	1.27B	9.94B	-2.33B

Shindengen Electric Mfg Co Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1934.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6844, the sentiment is Negative. The current price of 1934 is below the 20-day moving average (MA) of 2017.55, below the 50-day MA of 2076.39, and below the 200-day MA of 2317.30, indicating a bearish trend. The MACD of -14.91 indicates Positive momentum. The RSI at 39.63 is Neutral, neither overbought nor oversold. The STOCH value of 3.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6844.

Shindengen Electric Mfg Co Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6501	77 Outperform	$17.37T	28.42	10.50%	1.02%	0.56%	5.32%
6503	75 Outperform	¥6.18T	18.88	8.40%	1.69%	5.02%	14.73%
6723	72 Outperform	$3.24T	19.79	7.22%	1.45%	-10.70%	-47.63%
Sector *	60 Neutral	$11.56B	10.24	-7.04%	2.94%	7.46%	-10.54%
6844	52 Neutral	¥19.93B	―		3.36%	0.97%	66.01%
6707	48 Neutral	¥180.67B	3.52		0.38%	-37.39%	410.55%
6753	44 Neutral	¥493.37B	13.49		―	-5.57%	38.15%