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
- NET PROFIT(HY) At JPY 498.23 MM has Grown at -35.91%
- ROCE(HY) Lowest at 4.94%
- DEBT-EQUITY RATIO (HY) Highest at -3.9 %
3
Below par performance in long term as well as near term
- Along with generating -1.18% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
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.
-1.18%
-0.38
19.65%
Japan Nikkei 225
28.54%
1.11
25.75%
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)
2.48
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 Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -7.85% (YoY
OPERATING PROFIT MARGIN(Q)
Highest at 4.45 %
-20What is not working for the Company
NET PROFIT(HY)
At JPY 498.23 MM has Grown at -35.91%
ROCE(HY)
Lowest at 4.94%
DEBT-EQUITY RATIO
(HY)
Highest at -3.9 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.13%
NET SALES(Q)
Fallen at -8.81%
INTEREST(Q)
Highest at JPY 5.42 MM
Here's what is working for Harima-Kyowa Co., Ltd.
Operating Profit Margin
Highest at 4.45 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Raw Material Cost
Fallen by -7.85% (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
Here's what is not working for Harima-Kyowa Co., Ltd.
Interest
At JPY 5.42 MM has Grown at 38.5%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Profit
At JPY 498.23 MM has Grown at -35.91%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Net Sales
Fallen at -8.81%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Interest
Highest at JPY 5.42 MM
in the last five periods and Increased by 38.5% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at -3.9 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 5.13%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






