Why is Harima-Kyowa Co., Ltd. ?
1
Poor long term growth as Operating profit has grown by an annual rate 3.73% of over the last 5 years
2
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(HY) At JPY 14.65 MM has Grown at 254.39%
- INTEREST COVERAGE RATIO(Q) Lowest at 7,434.16
- INVENTORY TURNOVER RATIO(HY) Lowest at 17.97 times
3
Underperformed the market in the last 1 year
- The stock has generated a return of 1.14% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 36.73%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Harima-Kyowa Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harima-Kyowa Co., Ltd.
-100.0%
-0.07
21.12%
Japan Nikkei 225
38.94%
1.30
28.24%
Quality key factors
Factor
Value
Sales Growth (5y)
3.66%
EBIT Growth (5y)
3.73%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.05
Sales to Capital Employed (avg)
2.42
Tax Ratio
33.25%
Dividend Payout Ratio
20.87%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.87%
ROE (avg)
5.71%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.42
EV to EBIT
4.79
EV to EBITDA
3.74
EV to Capital Employed
0.39
EV to Sales
0.15
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.08%
ROE (Latest)
5.39%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -4.63% (YoY
CASH AND EQV(HY)
Highest at JPY 9,611.38 MM
-13What is not working for the Company
INTEREST(HY)
At JPY 14.65 MM has Grown at 254.39%
INTEREST COVERAGE RATIO(Q)
Lowest at 7,434.16
INVENTORY TURNOVER RATIO(HY)
Lowest at 17.97 times
PRE-TAX PROFIT(Q)
Fallen at -39.09%
NET PROFIT(Q)
Fallen at -38.22%
Here's what is working for Harima-Kyowa Co., Ltd.
Cash and Eqv
Highest at JPY 9,611.38 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -4.63% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at JPY 243.81 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Depreciation
At JPY 243.81 MM has Grown at 62.93%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (JPY MM)
Here's what is not working for Harima-Kyowa Co., Ltd.
Interest
At JPY 14.65 MM has Grown at 254.39%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 7,434.16
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Pre-Tax Profit
Fallen at -39.09%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
Fallen at -38.22%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Inventory Turnover Ratio
Lowest at 17.97 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






