Why is Shinko Shoji Co., Ltd. ?
1
The company has declared Negative results for the last 8 consecutive quarters
- NET PROFIT(HY) At JPY -120 MM has Grown at -116.45%
- ROCE(HY) Lowest at 1.07%
- NET SALES(Q) Lowest at JPY 21,691 MM
2
With ROCE of 2.12%, it has a expensive valuation with a 0.49 Enterprise value to Capital Employed
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 1.28%, its profits have fallen by -78%
- At the current price, the company has a high dividend yield of 0.1
3
Underperformed the market in the last 1 year
- The stock has generated a return of 1.28% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 29.35%
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Shinko Shoji Co., Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Shinko Shoji Co., Ltd.
1.92%
231.16
27.91%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
2.68%
EBIT Growth (5y)
-16.92%
EBIT to Interest (avg)
36.88
Debt to EBITDA (avg)
0.37
Net Debt to Equity (avg)
-0.42
Sales to Capital Employed (avg)
2.26
Tax Ratio
53.70%
Dividend Payout Ratio
98.47%
Pledged Shares
0
Institutional Holding
0.07%
ROCE (avg)
6.94%
ROE (avg)
5.01%
Valuation Key Factors 
Factor
Value
P/E Ratio
47
Industry P/E
Price to Book Value
0.70
EV to EBIT
23.13
EV to EBITDA
14.80
EV to Capital Employed
0.49
EV to Sales
0.13
PEG Ratio
NA
Dividend Yield
0.05%
ROCE (Latest)
2.12%
ROE (Latest)
1.49%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
4What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at -39.64 %
RAW MATERIAL COST(Y)
Fallen by -11.74% (YoY
CASH AND EQV(HY)
Highest at JPY 61,294 MM
-25What is not working for the Company
NET PROFIT(HY)
At JPY -120 MM has Grown at -116.45%
ROCE(HY)
Lowest at 1.07%
NET SALES(Q)
Lowest at JPY 21,691 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.12%
PRE-TAX PROFIT(Q)
Fallen at -41.39%
Here's what is working for Shinko Shoji Co., Ltd.
Debt-Equity Ratio
Lowest at -39.64 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Cash and Eqv
Highest at JPY 61,294 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -11.74% (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 Shinko Shoji Co., Ltd.
Net Profit
At JPY -120 MM has Grown at -116.45%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Net Sales
At JPY 21,691 MM has Fallen at -33.41%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (JPY MM)
Net Sales
Lowest at JPY 21,691 MM and Fallen
In each period in the last five periodsMOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Pre-Tax Profit
Fallen at -41.39%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 3.12%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






