Cash flow Stanley Electric Co., Ltd.

Equities

6923

JP3399400005

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-13 EDT			5-day change	1st Jan Change
2,741.50 ^JPY	-2.19%		-1.12%	+3.34%

09-04	Stanley Electric's Profit Soars 148% in Fiscal Q1	MT
09-04	Stanley Electric Co., Ltd. Provides Consolidated Earnings Forecasts for the First Half and Full Year Ending March 31, 2025	CI

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Published financial data: STANLEY ELECTRIC CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	392B	360B	383B	438B	472B
Total Revenues	392B	360B	383B	438B	472B
Cost of Goods Sold, Total	323B	285B	312B	357B	390B
Gross Profit	68.42B	74.98B	70.88B	81.27B	82.89B
Selling General & Admin Expenses, Total	38.8B	34.04B	37.72B	40.73B	41.62B
Provision for Bad Debts	-	-	-	258M	-
Depreciation & Amortization - (IS)	4.79B	5.03B	5.41B	5.61B	5.43B
Other Operating Expenses, Total	43.59B	39.07B	43.13B	46.6B	47.06B
Operating Income	24.83B	35.9B	27.74B	34.67B	35.84B
Interest Expense, Total	-247M	-97M	-90M	-181M	-176M
Interest And Investment Income	2.73B	2.6B	3.26B	4.56B	7.29B
Net Interest Expenses	2.49B	2.5B	3.17B	4.38B	7.11B
Income (Loss) On Equity Invest.	2.91B	1.3B	2.09B	3.12B	3.48B
Currency Exchange Gains (Loss)	-1.95B	-479M	1.45B	330M	1.16B
Other Non Operating Income (Expenses)	1.76B	2.05B	2.26B	2.37B	483M
EBT, Excl. Unusual Items	30.03B	41.28B	36.71B	44.87B	48.06B
Gain (Loss) On Sale Of Investments	-	-494M	536M	2.15B	6.22B
Gain (Loss) On Sale Of Assets	19M	78M	72M	74M	206M
Asset Writedown	-1.43B	-1.48B	-1.55B	-1.94B	-8.26B
Legal Settlements	-	-248M	-	-	-
Other Unusual Items	-	-1.48B	1M	-276M	-3.21B
EBT, Incl. Unusual Items	28.62B	37.66B	35.77B	44.89B	43.02B
Income Tax Expense	5.04B	10.38B	8.79B	10.61B	9.76B
Earnings From Continuing Operations	23.58B	27.28B	26.98B	34.28B	33.25B
Net Income to Company	23.58B	27.28B	26.98B	34.28B	33.25B
Minority Interest	-5.04B	-4.37B	-5.53B	-7.78B	-6.76B
Net Income - (IS)	18.55B	22.92B	21.44B	26.5B	26.5B
Net Income to Common Incl Extra Items	18.55B	22.92B	21.44B	26.5B	26.5B
Net Income to Common Excl. Extra Items	18.55B	22.92B	21.44B	26.5B	26.5B
Per Share Items
Net EPS - Basic	114.18	142.39	133.75	162.32	162.41
Basic EPS - Continuing Operations	114.18	142.39	133.75	162.32	162.41
Basic Weighted Average Shares Outstanding	162M	161M	160M	163M	163M
Net EPS - Diluted	114.16	142.37	133.73	162.32	162.41
Diluted EPS - Continuing Operations	114.16	142.37	133.73	162.32	162.41
Diluted Weighted Average Shares Outstanding	162M	161M	160M	163M	163M
Normalized Basic EPS	84.55	133.17	108.6	124.14	142.71
Normalized Diluted EPS	84.53	133.16	108.58	124.14	142.71
Dividend Per Share	45	45	50	50	55
Payout Ratio	43.98	28.18	37.43	30.19	32.34
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	56.46B	69.33B	64.06B	76.28B	72.88B
EBITA	24.83B	35.9B	27.74B	34.67B	35.84B
EBIT	24.83B	35.9B	27.74B	34.67B	35.84B
Effective Tax Rate - (Ratio)	17.6	27.55	24.58	23.64	22.7
Normalized Net Income	13.74B	21.44B	17.41B	20.26B	23.28B
Non-Cash Pension Expense	397M	904M	-2.07B	-2B	-1.57B
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	18.75B	15.82B	18.83B	19.41B	22.5B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	133B	138B	150B	173B	195B
Short Term Investments	200M	500M	300M	-	4B
Total Cash And Short Term Investments	134B	139B	151B	173B	199B
Accounts Receivable, Total	52.56B	65.15B	67.99B	69.81B	75.04B
Total Receivables	52.56B	65.15B	67.99B	69.81B	75.04B
Inventory	31.85B	34.21B	49.31B	46.23B	55.52B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	21.82B	23.82B	31.24B	31.99B	29.41B
Total Current Assets	240B	262B	299B	321B	359B
Net Property Plant And Equipment	182B	188B	195B	195B	191B
Long-term Investments	57.92B	79.1B	79.49B	103B	145B
Goodwill	4.18B	772M	748M	704M	673M
Other Intangibles, Total	5.18B	9.1B	8.18B	7.36B	8.15B
Deferred Tax Assets Long-Term	5.02B	2.58B	2.77B	2.64B	4.49B
Other Long-Term Assets, Total	1M	1M	2M	1M	2M
Total Assets	494B	541B	585B	630B	708B
Liabilities
Accounts Payable, Total	31.25B	37.42B	39.25B	37.9B	40.58B
Accrued Expenses, Total	4.72B	4.67B	4.83B	5.43B	5.39B
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	110M	-	-	10B
Current Portion of Leases	821M	673M	802M	1.35B	1.49B
Current Income Taxes Payable	2.08B	2.57B	3.15B	3.23B	4.95B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	35.41B	29.57B	26.61B	21.94B	35.3B
Total Current Liabilities	74.29B	75.01B	74.64B	69.85B	97.71B
Long-Term Debt	10.11B	10B	10B	10B	-
Long-Term Leases	2B	1.94B	1.78B	2.82B	2.79B
Pension & Other Post Retirement Benefits	7.35B	899M	1B	2.06B	1.19B
Deferred Tax Liability Non Current	1.08B	7.77B	8.36B	7.82B	16.53B
Other Non Current Liabilities	1.55B	754M	643M	931M	681M
Total Liabilities	96.38B	96.37B	96.42B	93.48B	119B
Common Stock, Total	30.51B	30.51B	30.51B	30.51B	30.51B
Additional Paid In Capital	29.88B	29.88B	29.87B	29.85B	29.67B
Retained Earnings	328B	342B	355B	374B	387B
Treasury Stock	-29.64B	-31.4B	-32.31B	-18.94B	-28.86B
Comprehensive Income and Other	446M	28.28B	52.09B	61.53B	107B
Total Common Equity	359B	400B	435B	477B	525B
Minority Interest	39.01B	45.02B	54.02B	59.48B	64.56B
Total Equity	398B	445B	489B	536B	589B
Total Liabilities And Equity	494B	541B	585B	630B	708B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	161M	161M	160M	166M	160M
ECS Total Common Shares Outstanding	162M	161M	160M	166M	160M
Book Value / Share	2.22K	2.49K	2.72K	2.88K	3.27K
Tangible Book Value	350B	390B	426B	469B	516B
Tangible Book Value Per Share	2.16K	2.43K	2.66K	2.83K	3.22K
Total Debt	12.93B	12.72B	12.58B	14.17B	14.28B
Net Debt	-121B	-126B	-138B	-159B	-184B
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.3B	-591M	60M	1.43B	-4.25B
Minority Interest, Total (Incl. Fin. Div)	39.01B	45.02B	54.02B	59.48B	64.56B
Inventories - Raw Materials, Total	10.77B	10.42B	20.44B	19.98B	21.7B
Inventories - Work In Process, Total	2.79B	3.54B	3.15B	3.27B	7.45B
Inventories - Finished Goods, Total	18.29B	20.26B	25.73B	22.98B	26.38B
Inventories - Others	1M	1M	1M	1M	1M
Full Time Employees	17.12K	17.59K	17.02K	16.96K	16.78K
Accumulated Allowance for Doubtful Accounts (Supple)	6M	9M	34M	7M	17M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	28.62B	37.66B	35.77B	44.89B	43.02B
Depreciation & Amortization - CF	31.62B	33.42B	36.32B	41.61B	37.04B
Depreciation & Amortization, Total	31.62B	33.42B	36.32B	41.61B	37.04B
(Gain) Loss From Sale Of Asset	1.41B	1.4B	1.48B	1.86B	8.05B
(Gain) Loss on Sale of Investments - (CF)	-	503M	-536M	-2.15B	-6.22B
(Income) Loss On Equity Investments - (CF)	-2.91B	-1.3B	-2.09B	-3.12B	-3.48B
Other Operating Activities, Total	-11.97B	-8.82B	-7.43B	-8.93B	-11.49B
Change In Accounts Receivable	14.23B	-9.37B	3.02B	763M	607M
Change In Inventories	-5.12B	-1.08B	-11.32B	5.01B	-6.3B
Change In Accounts Payable	-5.16B	3.84B	-2.78B	-3.58B	-1.23B
Change in Other Net Operating Assets	12.48B	-9.61B	-15.54B	-80M	5.55B
Cash from Operations	63.21B	46.64B	36.88B	76.28B	65.55B
Capital Expenditure	-40.32B	-29.37B	-28.44B	-35.44B	-25.06B
Sale of Property, Plant, and Equipment	151M	207M	105M	167M	138M
Cash Acquisitions	-4.08B	-	-	-	-
Sale (Purchase) of Intangible assets	-1.7B	-1.82B	-461M	-824M	-2.04B
Investment in Marketable and Equity Securities, Total	-11.91B	-10.04B	9.16B	-19.8B	-645M
Other Investing Activities, Total	-539M	-622M	-617M	-527M	-3.95B
Cash from Investing	-58.39B	-41.65B	-20.26B	-56.43B	-31.56B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	10B	-	-	-	-
Total Debt Issued	10B	-	-	-	-
Short Term Debt Repaid, Total	-6.05B	-	-	-	-
Long-Term Debt Repaid, Total	-10B	-	-	-	-
Total Debt Repaid	-16.05B	-	-	-	-
Issuance of Common Stock	-	-	-	19.02B	22M
Repurchase of Common Stock	-5B	-4B	-2B	-10.01B	-10B
Common & Preferred Stock Dividends Paid	-8.16B	-6.46B	-8.03B	-8B	-8.57B
Common & Preferred Stock Dividends Paid	-8.16B	-6.46B	-8.03B	-8B	-8.57B
Other Financing Activities, Total	-2.51B	-2.56B	-3.46B	-4.83B	-7.41B
Cash from Financing	-21.73B	-13.02B	-13.48B	-3.82B	-25.96B
Foreign Exchange Rate Adjustments	-4.04B	4.25B	7.47B	2.85B	8.21B
Miscellaneous Cash Flow Adjustments	-1M	1M	-1M	-	-
Net Change in Cash	-20.95B	-3.78B	10.6B	18.88B	16.25B
Supplemental Items
Cash Interest Paid	122M	75M	112M	171M	187M
Cash Income Tax Paid (Refund)	13.17B	8.53B	7.24B	9.23B	10.32B
Levered Free Cash Flow	21.15B	8.42B	-1.06B	22.08B	38.01B
Unlevered Free Cash Flow	21.3B	8.48B	-999M	22.19B	38.12B
Change In Net Working Capital	-16.18B	16.19B	25.75B	4.82B	-5.78B
Net Debt Issued / Repaid	-6.05B	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.09	4.33	3.08	3.57	3.35
Return on Total Capital	3.71	5.17	3.62	4.12	3.88
Return On Equity %	5.85	6.48	5.78	6.69	5.91
Return on Common Equity	5.09	6.04	5.14	5.81	5.29
Margin Analysis
Gross Profit Margin %	17.47	20.84	18.53	18.56	17.55
SG&A Margin	9.91	9.46	9.86	9.3	8.81
EBITDA Margin %	14.42	19.27	16.75	17.42	15.43
EBITA Margin %	6.34	9.98	7.25	7.92	7.59
EBIT Margin %	6.34	9.98	7.25	7.92	7.59
Income From Continuing Operations Margin %	6.02	7.58	7.05	7.83	7.04
Net Income Margin %	4.74	6.37	5.61	6.05	5.61
Net Avail. For Common Margin %	4.74	6.37	5.61	6.05	5.61
Normalized Net Income Margin	3.51	5.96	4.55	4.63	4.93
Levered Free Cash Flow Margin	5.4	2.34	-0.28	5.04	8.05
Unlevered Free Cash Flow Margin	5.44	2.36	-0.26	5.07	8.07
Asset Turnover
Asset Turnover	0.78	0.69	0.68	0.72	0.71
Fixed Assets Turnover	2.21	1.95	2	2.25	2.45
Receivables Turnover (Average Receivables)	6.42	6.11	5.75	6.35	6.52
Inventory Turnover (Average Inventory)	10.8	8.62	7.46	7.46	7.66
Short Term Liquidity
Current Ratio	3.23	3.49	4.01	4.6	3.67
Quick Ratio	2.51	2.72	2.93	3.48	2.8
Operating Cash Flow to Current Liabilities	0.85	0.62	0.49	1.09	0.67
Days Sales Outstanding (Average Receivables)	56.99	59.72	63.51	57.45	56.11
Days Outstanding Inventory (Average Inventory)	33.89	42.34	48.9	48.9	47.8
Average Days Payable Outstanding	38.94	43.65	42.82	39.84	36.01
Cash Conversion Cycle (Average Days)	51.93	58.41	69.6	66.51	67.91
Long Term Solvency
Total Debt/Equity	3.25	2.86	2.57	2.64	2.42
Total Debt / Total Capital	3.15	2.78	2.51	2.57	2.37
LT Debt/Equity	3.04	2.69	2.41	2.39	0.47
Long-Term Debt / Total Capital	2.95	2.61	2.35	2.33	0.46
Total Liabilities / Total Assets	19.5	17.81	16.47	14.85	16.79
EBIT / Interest Expense	100.54	370.13	308.27	191.54	203.61
EBITDA / Interest Expense	228.57	714.72	711.79	421.45	414.09
(EBITDA - Capex) / Interest Expense	65.34	411.92	395.76	225.64	271.7
Total Debt / EBITDA	0.23	0.18	0.2	0.19	0.2
Net Debt / EBITDA	-2.14	-1.82	-2.16	-2.09	-2.53
Total Debt / (EBITDA - Capex)	0.8	0.32	0.35	0.35	0.3
Net Debt / (EBITDA - Capex)