Cash flow Rheon Automatic Machinery Co., Ltd.

Equities

6272

JP3979400003

Industrial Machinery & Equipment

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-09 EDT			5-day change	1st Jan Change
1,341.00 ^JPY	-1.03%		-4.21%	-10.84%

05-14	Rheon Automatic Machinery Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024 and Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2025	CI
05-14	Rheon Automatic Machinery Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025	CI

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Published financial data: RHEON AUTOMATIC MACHINERY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	26.9B	22.28B	26.58B	35.27B	37.7B
Total Revenues	26.9B	22.28B	26.58B	35.27B	37.7B
Cost of Goods Sold, Total	14.58B	12.36B	15.78B	20.7B	20.91B
Gross Profit	12.32B	9.92B	10.8B	14.57B	16.79B
Selling General & Admin Expenses, Total	8.32B	7.46B	8.62B	10.28B	10.57B
Provision for Bad Debts	8M	6M	11M	-7M	4M
R&D Expenses	738M	545M	535M	742M	760M
Depreciation & Amortization - (IS)	369M	502M	539M	538M	573M
Other Operating Expenses, Total	9.43B	8.52B	9.7B	11.56B	11.91B
Operating Income	2.89B	1.4B	1.1B	3.01B	4.88B
Interest Expense, Total	-16M	-16M	-14M	-12M	-11M
Interest And Investment Income	25M	24M	26M	27M	50M
Net Interest Expenses	9M	8M	12M	15M	39M
Currency Exchange Gains (Loss)	1M	42M	86M	38M	19M
Other Non Operating Income (Expenses)	81M	169M	261M	131M	53M
EBT, Excl. Unusual Items	2.98B	1.62B	1.46B	3.19B	5B
Gain (Loss) On Sale Of Investments	-136M	-28M	-	-	-
Gain (Loss) On Sale Of Assets	-46M	683M	9M	17M	-8M
Asset Writedown	-	-228M	-	-	-
Other Unusual Items	54M	-61M	-30M	-	-
EBT, Incl. Unusual Items	2.85B	1.99B	1.44B	3.21B	4.99B
Income Tax Expense	879M	381M	-48M	472M	1.31B
Earnings From Continuing Operations	1.97B	1.61B	1.49B	2.74B	3.68B
Net Income to Company	1.97B	1.61B	1.49B	2.74B	3.68B
Net Income - (IS)	1.97B	1.61B	1.49B	2.74B	3.68B
Net Income to Common Incl Extra Items	1.97B	1.61B	1.49B	2.74B	3.68B
Net Income to Common Excl. Extra Items	1.97B	1.61B	1.49B	2.74B	3.68B
Per Share Items
Net EPS - Basic	73.57	60	55.44	102.1	136.95
Basic EPS - Continuing Operations	73.57	60	55.44	102.1	136.95
Basic Weighted Average Shares Outstanding	26.79M	26.8M	26.8M	26.81M	26.83M
Net EPS - Diluted	73.45	59.9	55.34	101.88	136.72
Diluted EPS - Continuing Operations	73.45	59.9	55.34	101.88	136.72
Diluted Weighted Average Shares Outstanding	26.84M	26.86M	26.87M	26.87M	26.88M
Normalized Basic EPS	69.47	37.85	34.02	74.42	116.34
Normalized Diluted EPS	69.34	37.77	33.94	74.24	116.14
Dividend Per Share	22	17	16	31	42
Payout Ratio	39.37	23.38	32.5	19.58	28.41
Supplemental Items
EBITDA	3.91B	2.52B	2.22B	4.18B	6.15B
EBITA	2.89B	1.4B	1.1B	3.01B	4.88B
EBIT	2.89B	1.4B	1.1B	3.01B	4.88B
Effective Tax Rate - (Ratio)	30.84	19.16	-3.34	14.71	26.31
Normalized Net Income	1.86B	1.01B	912M	2B	3.12B
Non-Cash Pension Expense	-92.78M	-72.39M	-107M	-111M	-106M
Supplemental Operating Expense Items
Advertising Expense	296M	87M	133M	318M	348M
Selling and Marketing Expenses	1.83B	1.36B	2.34B	3.2B	2.97B
Research And Development Expense From Footnotes	738M	545M	535M	742M	760M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.82B	7.48B	10B	11.44B	13.59B
Total Cash And Short Term Investments	4.82B	7.48B	10B	11.44B	13.59B
Accounts Receivable, Total	3B	2.68B	2.31B	3.21B	3.21B
Total Receivables	3B	2.68B	2.31B	3.21B	3.21B
Inventory	5.66B	5.47B	6.58B	7.37B	7.82B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	674M	1.33B	904M	637M	784M
Total Current Assets	14.16B	16.96B	19.79B	22.66B	25.4B
Net Property Plant And Equipment	13.79B	13.16B	12.96B	13.49B	14.4B
Long-term Investments	2.17B	2.54B	2.66B	2.88B	3.61B
Other Intangibles, Total	1.5B	1.46B	1.24B	1.18B	1.16B
Other Long-Term Assets, Total	2M	1M	1M	2M	1M
Total Assets	31.63B	34.12B	36.65B	40.21B	44.57B
Liabilities
Accounts Payable, Total	839M	741M	1.14B	1.2B	1.29B
Accrued Expenses, Total	1.08B	1.08B	1.2B	1.39B	1.41B
Short-term Borrowings	738M	734M	703M	794M	704M
Current Portion of Leases	6M	2M	-	1M	6M
Current Income Taxes Payable	1.28B	1.19B	1.07B	1.06B	1.25B
Other Current Liabilities	1.4B	1.33B	2.16B	2.5B	2.09B
Total Current Liabilities	5.34B	5.08B	6.27B	6.95B	6.74B
Long-Term Debt	639M	1.41B	1.36B	1.14B	903M
Long-Term Leases	3M	1M	-	5M	18M
Deferred Tax Liability Non Current	681M	920M	551M	688M	987M
Other Non Current Liabilities	142M	86M	87M	49M	40M
Total Liabilities	6.81B	7.49B	8.27B	8.83B	8.69B
Common Stock, Total	7.35B	7.35B	7.35B	7.35B	7.35B
Additional Paid In Capital	7.07B	7.07B	7.08B	7.08B	7.1B
Retained Earnings	17.27B	14.59B	15.58B	17.78B	20.41B
Treasury Stock	-773M	-773M	-771M	-770M	-750M
Comprehensive Income and Other	-6.1B	-1.6B	-857M	-55M	1.77B
Total Common Equity	24.82B	26.63B	28.38B	31.38B	35.88B
Total Equity	24.82B	26.63B	28.38B	31.38B	35.88B
Total Liabilities And Equity	31.63B	34.12B	36.65B	40.21B	44.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	26.8M	26.8M	26.81M	26.81M	26.85M
ECS Total Common Shares Outstanding	26.8M	26.8M	26.8M	26.81M	26.85M
Book Value / Share	926.09	993.83	1.06K	1.17K	1.34K
Tangible Book Value	23.32B	25.17B	27.14B	30.21B	34.72B
Tangible Book Value Per Share	870.04	939.24	1.01K	1.13K	1.29K
Total Debt	1.39B	2.14B	2.06B	1.94B	1.63B
Net Debt	-3.43B	-5.34B	-7.94B	-9.5B	-11.96B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.13B	-1.41B	-1.46B	-1.35B	-1.81B
Inventories - Raw Materials, Total	770M	328M	431M	401M	481M
Inventories - Work In Process, Total	1.07B	975M	1.68B	1.63B	1.34B
Inventories - Finished Goods, Total	3.83B	4.17B	4.47B	5.34B	6B
Inventories - Others	-	1M	2M	1M	1M
Full Time Employees	1.06K	1.06K	1.1K	1.12K	1.08K
Accumulated Allowance for Doubtful Accounts (Supple)	15M	14M	24M	21M	27M
Order Backlog	4.37B	3.75B	7.39B	8.64B	7.01B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	2.85B	1.99B	1.44B	3.21B	4.99B
Depreciation & Amortization - CF	1.02B	1.11B	1.12B	1.18B	1.27B
Depreciation & Amortization, Total	1.02B	1.11B	1.12B	1.18B	1.27B
(Gain) Loss From Sale Of Asset	57M	-447M	-18M	2M	22M
(Gain) Loss on Sale of Investments - (CF)	136M	28M	-	-	-
Other Operating Activities, Total	-1.24B	-675M	157M	-206M	-1.11B
Change In Accounts Receivable	-586M	101M	436M	-815M	156M
Change In Inventories	-54M	455M	-905M	-596M	-142M
Change In Accounts Payable	-161M	1M	443M	-31M	-125M
Change in Other Net Operating Assets	-742M	151M	973M	352M	-463M
Cash from Operations	1.28B	2.72B	3.65B	3.09B	4.59B
Capital Expenditure	-1.99B	-1.37B	-1.01B	-765M	-1.08B
Sale of Property, Plant, and Equipment	1M	1.26B	285M	1M	2M
Sale (Purchase) of Intangible assets	-956M	-400M	-13M	-351M	-377M
Investment in Marketable and Equity Securities, Total	-7M	-7M	-7M	-7M	-8M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-6M	-54M	1M	9M	7M
Cash from Investing	-2.96B	-573M	-748M	-1.11B	-1.46B
Short Term Debt Issued, Total	-	-	-	140M	-
Long-Term Debt Issued, Total	200M	1.2B	350M	100M	100M
Total Debt Issued	200M	1.2B	350M	240M	100M
Short Term Debt Repaid, Total	-	-68M	-108M	-	-100M
Long-Term Debt Repaid, Total	-324M	-368M	-322M	-378M	-324M
Total Debt Repaid	-324M	-436M	-430M	-378M	-424M
Repurchase of Common Stock	-1M	-	-	-	-
Common & Preferred Stock Dividends Paid	-776M	-376M	-483M	-536M	-1.04B
Common & Preferred Stock Dividends Paid	-776M	-376M	-483M	-536M	-1.04B
Other Financing Activities, Total	-9M	-8M	-2M	-3M	-4M
Cash from Financing	-910M	380M	-565M	-677M	-1.37B
Foreign Exchange Rate Adjustments	-56M	141M	181M	139M	389M
Miscellaneous Cash Flow Adjustments	-	-	-1M	-	-1M
Net Change in Cash	-2.65B	2.66B	2.52B	1.44B	2.15B
Supplemental Items
Cash Interest Paid	17M	16M	14M	13M	11M
Cash Income Tax Paid (Refund)	1.24B	675M	-156M	207M	1.11B
Levered Free Cash Flow	-2.35B	-186M	1.69B	1.08B	2.15B
Unlevered Free Cash Flow	-2.34B	-176M	1.7B	1.09B	2.15B
Change In Net Working Capital	2.22B	392M	-914M	849M	709M
Net Debt Issued / Repaid	-124M	764M	-80M	-138M	-324M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.66	2.67	1.94	4.89	7.2
Return on Total Capital	6.99	3.19	2.32	5.9	8.62
Return On Equity %	8.1	6.25	5.4	9.16	10.93
Return on Common Equity	8.1	6.25	5.4	9.16	10.93
Margin Analysis
Gross Profit Margin %	45.79	44.53	40.63	41.3	44.54
SG&A Margin	30.92	33.5	32.41	29.16	28.04
EBITDA Margin %	14.53	11.29	8.37	11.86	16.31
EBITA Margin %	10.73	6.3	4.14	8.53	12.95
EBIT Margin %	10.73	6.3	4.14	8.53	12.95
Income From Continuing Operations Margin %	7.33	7.22	5.59	7.76	9.75
Net Income Margin %	7.33	7.22	5.59	7.76	9.75
Net Avail. For Common Margin %	7.33	7.22	5.59	7.76	9.75
Normalized Net Income Margin	6.92	4.55	3.43	5.66	8.28
Levered Free Cash Flow Margin	-8.75	-0.84	6.36	3.07	5.69
Unlevered Free Cash Flow Margin	-8.71	-0.79	6.39	3.09	5.71
Asset Turnover
Asset Turnover	0.84	0.68	0.75	0.92	0.89
Fixed Assets Turnover	1.99	1.65	2.04	2.67	2.7
Receivables Turnover (Average Receivables)	9.88	7.84	10.67	12.78	11.74
Inventory Turnover (Average Inventory)	2.57	2.22	2.62	2.97	2.75
Short Term Liquidity
Current Ratio	2.65	3.34	3.15	3.26	3.77
Quick Ratio	1.46	2	1.96	2.11	2.49
Operating Cash Flow to Current Liabilities	0.24	0.53	0.58	0.44	0.68
Days Sales Outstanding (Average Receivables)	37.04	46.53	34.2	28.56	31.17
Days Outstanding Inventory (Average Inventory)	142.29	164.47	139.4	123.02	132.96
Average Days Payable Outstanding	21.93	23.7	20.37	19.86	21.26
Cash Conversion Cycle (Average Days)	157.41	187.31	153.23	131.71	142.87
Long Term Solvency
Total Debt/Equity	5.58	8.05	7.28	6.18	4.55
Total Debt / Total Capital	5.29	7.45	6.78	5.82	4.35
LT Debt/Equity	2.59	5.28	4.8	3.64	2.57
Long-Term Debt / Total Capital	2.45	4.89	4.47	3.43	2.46
Total Liabilities / Total Assets	21.53	21.95	22.58	21.95	19.5
EBIT / Interest Expense	180.44	87.75	78.57	250.67	444
EBITDA / Interest Expense	244.19	157.25	158.86	348.67	559.18
(EBITDA - Capex) / Interest Expense	119.88	71.38	86.43	284.92	461
Total Debt / EBITDA	0.35	0.85	0.93	0.46	0.27
Net Debt / EBITDA	-0.88	-2.12	-3.57	-2.27	-1.94
Total Debt / (EBITDA - Capex)	0.72	1.88	1.71	0.57	0.32
Net Debt / (EBITDA - Capex)	-1.79	-4.68	-6.56	-2.78	-2.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.4	-17.16	19.32	32.66	6.9
Gross Profit, 1 Yr. Growth %	-7.31	-19.45	8.87	34.86	15.28
EBITDA, 1 Yr. Growth %	-8.18	-35.6	-11.61	88.13	47.01
EBITA, 1 Yr. Growth %	-13.36	-51.37	-21.65	173.45	62.37
EBIT, 1 Yr. Growth %	-13.36	-51.37	-21.65	173.45	62.37
Earnings From Cont. Operations, 1 Yr. Growth %	-20.27	-18.42	-7.59	84.19	34.27
Net Income, 1 Yr. Growth %	-20.27	-18.42	-7.59	84.19	34.27
Normalized Net Income, 1 Yr. Growth %	-14.87	-45.5	-10.1	118.78	56.48
Diluted EPS Before Extra, 1 Yr. Growth %