Income Statement W-SCOPE Corporation OTC Markets

Stocks

WSPCF

JP3505970008

Electrical Components & Equipment

Market Closed - OTC Markets 09:55:09 2024-03-14 EDT			5-day change	1st Jan Change
4.410 ^USD	-54.82%		-.--%	-

04-10	Japan Shares Rise as Oil Stockpile Release Eases Supply Concerns	MT
04-10	W Scope Falls Short of Prime Market Cap Rule, Faces Delisting Risk	MT

ad432.JIA0Gr2fVYvzRqGKvF0nwVWaPJuEPtpKfXqdmV-iJxo.SMZ6bNz4Zv68NJTj8DEV9izqWPDQT69yNi73qmjtQXJTyA179P4b8sQLxg

Published financial data: W-SCOPE CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2024	2025	2026
Revenues	29.97B	45.1B	44.35B	31.05B	3.63B
Total Revenues	29.97B	45.1B	44.35B	31.05B	3.63B
Cost of Goods Sold, Total	25.26B	35.19B	38.51B	29.96B	7.6B
Gross Profit	4.7B	9.91B	5.84B	1.09B	-3.98B
Selling General & Admin Expenses, Total	2.31B	2.22B	2.42B	2.14B	879M
Provision for Bad Debts	492M	-141M	-151M	-65M	-29M
R&D Expenses	-	-	-	-	95M
Other Operating Expenses	-	8M	-	15M	-
Other Operating Expenses, Total	2.8B	2.08B	2.27B	2.1B	945M
Operating Income	1.9B	7.83B	3.57B	-1.01B	-4.92B
Interest Expense, Total	-1.47B	-358M	-459M	-367M	-238M
Interest And Investment Income	10M	205M	514M	92M	5M
Net Interest Expenses	-1.46B	-153M	55.38M	-275M	-233M
Income (Loss) On Equity Invest.	-	-	-	-3.01B	-6.33B
Currency Exchange Gains (Loss)	451M	318M	200M	1.01B	-192M
Other Non Operating Income (Expenses)	192M	316M	421M	116M	264M
EBT, Excl. Unusual Items	1.08B	8.31B	4.25B	-3.16B	-11.41B
Gain (Loss) On Sale Of Investments	927M	-	-	-	-468M
Asset Writedown	-4.49B	-17M	-	-82M	-579M
Other Unusual Items	-456M	-	-	-	-1M
EBT, Incl. Unusual Items	-2.94B	8.29B	4.25B	-3.24B	-12.46B
Income Tax Expense	216M	736M	87.69M	25M	5M
Earnings From Continuing Operations	-3.16B	7.56B	4.16B	-3.27B	-12.46B
Net Income to Company	-3.16B	7.56B	4.16B	-3.27B	-12.46B
Minority Interest	213M	-3.14B	-3.29B	-447M	-
Net Income - (IS)	-2.94B	4.41B	867M	-3.71B	-12.46B
Net Income to Common Incl Extra Items	-2.94B	4.41B	867M	-3.71B	-12.46B
Net Income to Common Excl. Extra Items	-2.94B	4.41B	867M	-3.71B	-12.46B
Per Share Items
Net EPS - Basic	-56.66	80.41	15.75	-67.6	-225.86
Basic EPS - Continuing Operations	-56.66	80.41	15.75	-67.6	-225.86
Basic Weighted Average Shares Outstanding	51.94M	54.88M	55.02M	54.93M	55.19M
Net EPS - Diluted	-56.66	78.52	15.63	-67.6	-225.86
Diluted EPS - Continuing Operations	-56.66	78.52	15.63	-67.6	-225.86
Diluted Weighted Average Shares Outstanding	51.94M	56.21M	55.49M	54.93M	55.19M
Normalized Basic EPS	17.1	37.35	-11.59	-44.08	-129.24
Normalized Diluted EPS	17.1	36.47	-11.49	-44.08	-129.24
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	7.55B	14.92B	10.6B	4.11B	-3.39B
EBITA	1.9B	7.83B	3.57B	-1.01B	-4.92B
EBIT	1.9B	7.83B	3.57B	-1.01B	-4.92B
Effective Tax Rate - (Ratio)	-7.35	8.87	2.07	-0.77	-0.04
Normalized Net Income	888M	2.05B	-638M	-2.42B	-7.13B
Non-Cash Pension Expense	-40M	-584M	420M	320M	212M
Supplemental Operating Expense Items
Advertising Expense	12M	-	-	-	-
Selling and Marketing Expenses	417M	141M	126M	77M	-
General and Administrative Expenses	183M	153M	172M	145M	110M
Research And Development Expense From Footnotes	561M	1.09B	923M	943M	669M

Fiscal Period: January	2021	2022	2024	2025	2026
Assets
Cash And Equivalents	11.48B	32.84B	12.01B	262M	271M
Total Cash And Short Term Investments	11.48B	32.84B	12.01B	262M	271M
Accounts Receivable, Total	7.52B	12.14B	10.57B	3.6B	1.46B
Notes Receivable	-	-	-	-	593M
Total Receivables	7.52B	12.14B	10.57B	3.6B	2.05B
Inventory	6.54B	10.18B	11.76B	2.15B	933M
Other Current Assets, Total	630M	1.68B	1.92B	744M	605M
Total Current Assets	26.17B	56.85B	36.26B	6.76B	3.86B
Net Property Plant And Equipment	53.19B	78.63B	130B	13.25B	11.83B
Long-term Investments	1.01B	1.21B	1.39B	38.36B	34.63B
Other Intangibles, Total	128M	144M	157M	53M	14M
Loans Receivable Long-Term	-	-	-	300M	300M
Deferred Tax Assets Long-Term	2.87B	2.7B	3.36B	1.35B	1.37B
Other Long-Term Assets, Total	3M	1M	2M	2M	-
Total Assets	83.37B	140B	171B	60.08B	52B
Liabilities
Accounts Payable, Total	1.77B	2.15B	1.93B	153M	444M
Short-term Borrowings	6.48B	7.04B	15.45B	7.51B	6.67B
Current Portion of Long-Term Debt	2.29B	2.73B	7.55B	-	292M
Current Income Taxes Payable	5.63B	4.3B	7.73B	538M	885M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	397M	633M	572M	295M	274M
Total Current Liabilities	16.56B	16.85B	33.23B	8.49B	8.57B
Long-Term Debt	11.64B	7.86B	11.86B	807M	1.18B
Pension & Other Post Retirement Benefits	579M	359M	403M	210M	450M
Other Non Current Liabilities	4.16B	1.2B	1.71B	897M	873M
Total Liabilities	32.94B	26.26B	47.2B	10.41B	11.07B
Common Stock, Total	15.22B	15.35B	15.36B	15.36B	15.58B
Additional Paid In Capital	31.21B	43.51B	43.2B	43.2B	43.42B
Retained Earnings	-16.72B	-12.3B	-11.36B	-15.69B	-28.16B
Treasury Stock	-	-	-338M	-338M	-338M
Comprehensive Income and Other	906M	3.85B	6.77B	7.15B	10.44B
Total Common Equity	30.61B	50.41B	53.62B	49.67B	40.93B
Minority Interest	19.82B	62.85B	70.17B	-	-
Total Equity	50.43B	113B	124B	49.67B	40.93B
Total Liabilities And Equity	83.37B	140B	171B	60.08B	52B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	54.47M	55.18M	54.93M	54.92M	60.32M
ECS Total Common Shares Outstanding	54.47M	55.18M	54.93M	54.93M	57.73M
Book Value / Share	561.95	913.59	976.33	904.38	709.1
Tangible Book Value	30.48B	50.27B	53.47B	49.62B	40.92B
Tangible Book Value Per Share	559.6	910.98	973.47	903.41	708.86
Total Debt	20.41B	17.62B	34.86B	8.31B	8.14B
Net Debt	8.94B	-15.22B	22.85B	8.05B	7.87B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.16B	718M	403M	420M	900M
Minority Interest, Total (Incl. Fin. Div)	19.82B	62.85B	70.17B	-	-
Inventories - Raw Materials, Total	906M	1.15B	1.14B	345M	305M
Inventories - Finished Goods, Total	5.64B	9.03B	10.62B	1.8B	628M
Inventories - Others	-	-	-	-	-
Full Time Employees	1.32K	1.39K	1.51K	314	274
Accumulated Allowance for Doubtful Accounts (Supple)	688M	621M	506M	493M	461M

Fiscal Period: January	2021	2022	2024	2025	2026
Net Income	-2.94B	8.29B	4.25B	-3.24B	-12.46B
Depreciation & Amortization - CF	5.66B	7.09B	7.04B	5.12B	1.53B
Depreciation & Amortization, Total	5.66B	7.09B	7.04B	5.12B	1.53B
(Gain) Loss From Sale Of Asset	-	-	-	-	579M
(Gain) Loss on Sale of Investments - (CF)	-927M	-	-	-	468M
(Income) Loss On Equity Investments - (CF)	-	-	-	3.01B	6.33B
Other Operating Activities, Total	-1.54B	-2.26B	-349M	-623M	-148M
Change In Accounts Receivable	-2.72B	-5.34B	1.74B	-2.64B	2.94B
Change In Inventories	-2.09B	-3.03B	-1.03B	2.74B	1.22B
Change In Accounts Payable	1.29B	1.35B	454M	-318M	627M
Change in Other Net Operating Assets	5.53B	484M	105M	-39M	-338M
Cash from Operations	2.26B	6.6B	12.2B	4.01B	745M
Capital Expenditure	-6.67B	-28.2B	-46.66B	-28.16B	-1.14B
Sale of Property, Plant, and Equipment	-	-	-	-	803M
Cash Acquisitions	-2.88B	-	-	-	-
Divestitures	2.92B	-	-	-	250M
Investment in Marketable and Equity Securities, Total	4.18B	-95M	-160M	-521M	-70M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-593M
Other Investing Activities, Total	89M	-34M	-259M	-70M	18M
Cash from Investing	-2.37B	-28.33B	-47.08B	-28.75B	-727M
Short Term Debt Issued, Total	7.05B	4.27B	10.52B	12.25B	270M
Long-Term Debt Issued, Total	4.8B	915M	11.17B	6.79B	-
Total Debt Issued	11.85B	5.19B	20.03B	19.04B	270M
Short Term Debt Repaid, Total	-8.21B	-4.24B	-2.59B	-298M	-624M
Long-Term Debt Repaid, Total	-16.54B	-2.4B	-3B	-1.4B	-
Total Debt Repaid	-24.75B	-6.64B	-5.16B	-1.7B	-624M
Issuance of Common Stock	6.18B	42.14B	12M	-	423M
Repurchase of Common Stock	-	-	-312M	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	15.6B	1B	-702M	-62M	-47M
Cash from Financing	8.88B	41.69B	13.86B	17.28B	22M
Foreign Exchange Rate Adjustments	342M	1.41B	1.8B	461M	-30M
Miscellaneous Cash Flow Adjustments	-	1M	923K	-4.75B	-1M
Net Change in Cash	9.11B	21.36B	-19.22B	-11.75B	9M
Supplemental Items
Cash Interest Paid	1.29B	604M	482M	426M	333M
Cash Income Tax Paid (Refund)	1.71B	2.02B	324M	562M	54M
Levered Free Cash Flow	-2.72B	-26.46B	-	-15.39B	698M
Unlevered Free Cash Flow	-1.8B	-26.23B	-	-15.16B	847M
Change In Net Working Capital	1.97B	10.02B	-	-8.51B	-3.52B
Net Debt Issued / Repaid	-12.9B	-1.46B	14.86B	17.34B	-354M

Fiscal Period: January	2021	2022	2024	2025	2026
Profitability
Return on Assets	1.55	4.39	-	-0.54	-5.49
Return on Total Capital	1.86	4.85	-	-0.58	-5.74
Return On Equity %	-10.46	9.23	-	-3.77	-27.51
Return on Common Equity	-14.52	10.89	-	-7.19	-27.51
Margin Analysis
Gross Profit Margin %	15.69	21.98	13.17	3.5	-109.5
SG&A Margin	7.71	4.92	5.47	6.91	24.21
EBITDA Margin %	25.21	33.09	23.91	13.24	-93.31
EBITA Margin %	6.34	17.36	8.05	-3.24	-135.54
EBIT Margin %	6.34	17.36	8.05	-3.24	-135.54
Income From Continuing Operations Margin %	-10.53	16.76	9.37	-10.52	-343.39
Net Income Margin %	-9.82	9.78	1.95	-11.96	-343.39
Net Avail. For Common Margin %	-9.82	9.78	1.95	-11.96	-343.39
Normalized Net Income Margin	2.96	4.54	-1.44	-7.8	-196.49
Levered Free Cash Flow Margin	-9.06	-58.66	-	-49.57	19.24
Unlevered Free Cash Flow Margin	-5.99	-58.16	-	-48.83	23.33
Asset Turnover
Asset Turnover	0.39	0.4	-	0.27	0.06
Fixed Assets Turnover	0.58	0.68	-	0.43	0.29
Receivables Turnover (Average Receivables)	4.75	4.59	-	4.38	1.43
Inventory Turnover (Average Inventory)	4.65	4.21	-	4.31	4.93
Short Term Liquidity
Current Ratio	1.58	3.37	1.09	0.8	0.45
Quick Ratio	1.15	2.67	0.68	0.46	0.2
Operating Cash Flow to Current Liabilities	0.14	0.39	0.37	0.47	0.09
Days Sales Outstanding (Average Receivables)	76.8	79.58	-	83.53	254.7
Days Outstanding Inventory (Average Inventory)	78.48	86.76	-	84.97	73.98
Average Days Payable Outstanding	19.03	18.41	-	18.72	17.06
Cash Conversion Cycle (Average Days)	136.24	147.92	-	149.78	311.62
Long Term Solvency
Total Debt/Equity	40.47	15.56	28.16	16.74	19.9
Total Debt / Total Capital	28.81	13.46	21.97	14.34	16.6
LT Debt/Equity	23.08	6.94	9.58	1.62	2.89
Long-Term Debt / Total Capital	16.43	6	7.47	1.39	2.41
Total Liabilities / Total Assets	39.51	18.82	27.6	17.32	21.29
EBIT / Interest Expense	1.29	21.87	7.78	-2.74	-20.67
EBITDA / Interest Expense	5.13	41.68	23.11	11.2	-14.23
(EBITDA - Capex) / Interest Expense	0.6	-37.08	-78.6	-65.52	-19
Total Debt / EBITDA	2.7	1.18	3.29	2.02	-2.4
Net Debt / EBITDA	1.18	-1.02	2.15	1.96	-2.32
Total Debt / (EBITDA - Capex)	23.14	-1.33	-0.97	-0.35	-1.8
Net Debt / (EBITDA - Capex)	10.13	1.15	-0.63	-0.33	-1.74
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	62.16	50.5	-	-29.99	-88.31
Gross Profit, 1 Yr. Growth %	-555.96	110.87	-	-81.37	-465.35
EBITDA, 1 Yr. Growth %	179.16	97.55	-	-61.23	-182.39
EBITA, 1 Yr. Growth %	-166.96	312.27	-	-128.22	388.58
EBIT, 1 Yr. Growth %	-166.96	312.27	-	-128.22	388.58
Earnings From Cont. Operations, 1 Yr. Growth %	-71.76	-339.45	-	-178.56	281.66
Net Income, 1 Yr. Growth %	-73.66	-249.95	-	-528.37	235.71
Normalized Net Income, 1 Yr. Growth %	-128.11	130.83	-	279.82	194.56
Diluted EPS Before Extra, 1 Yr. Growth %	-81.07	-238.58	-	-532.57	234.11
Accounts Receivable, 1 Yr. Growth %	47.89	61.4	-	-65.88	-59.47
Inventory, 1 Yr. Growth %	51.37	55.69	-	-81.72	-56.6
Net Property, Plant and Equip., 1 Yr. Growth %	4.94	47.82	-	-89.79	-10.75
Total Assets, 1 Yr. Growth %	18.71	67.37	-	-64.87	-13.44
Tangible Book Value, 1 Yr. Growth %	210	64.91	-	-7.2	-17.54
Common Equity, 1 Yr. Growth %	208.13	64.69	-	-7.37	-17.6
Cash From Operations, 1 Yr. Growth %	2.56K	191.39	-	-67.14	-81.41
Capital Expenditures, 1 Yr. Growth %	-36.7	322.65	-	-39.66	-95.97
Levered Free Cash Flow, 1 Yr. Growth %	-67.25	874.02	-	-	-104.54
Unlevered Free Cash Flow, 1 Yr. Growth %	-74.5	1.36K	-	-	-105.59
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	50.86	56.22	-	-	-71.39
Gross Profit, 2 Yr. CAGR %	63.76	210.08	-	-	-17.51
EBITDA, 2 Yr. CAGR %	236.78	134.84	-	-	-43.48
EBITA, 2 Yr. CAGR %	-23.99	66.15	-	-	17.42
EBIT, 2 Yr. CAGR %	-23.99	66.15	-	-	17.42
Earnings From Cont. Operations, 2 Yr. CAGR %	-5.27	-17.76	-	-	73.15
Net Income, 2 Yr. CAGR %	-8.52	-37.16	-	-	279.22
Normalized Net Income, 2 Yr. CAGR %	-40.35	-19.45	-	-	234.49
Diluted EPS Before Extra, 2 Yr. CAGR %	-27.68	-48.78	-	-	280.17
Accounts Receivable, 2 Yr. CAGR %	41.96	54.49	-	-	-62.82
Inventory, 2 Yr. CAGR %	34.1	53.51	-	-	-71.83
Net Property, Plant and Equip., 2 Yr. CAGR %	4.92	24.55	-	-	-69.82
Total Assets, 2 Yr. CAGR %	9.03	40.95	-	-	-44.85
Tangible Book Value, 2 Yr. CAGR %	41.87	126.1	-	-	-12.52
Common Equity, 2 Yr. CAGR %	41.7	125.27	-	-	-12.63
Cash From Operations, 2 Yr. CAGR %	4.15	780.98	-	-	-75.29
Capital Expenditures, 2 Yr. CAGR %	-35.8	63.57	-	-	-84.4
Levered Free Cash Flow, 2 Yr. CAGR %	-59.22	78.61	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-66.49	92.98	-	-	-
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	50.84	50.74	-	-	-
Gross Profit, 3 Yr. CAGR %	64.71	78.16	-	-	-
EBITDA, 3 Yr. CAGR %	133.02	181.92	-	-	-
EBITA, 3 Yr. CAGR %	-17.22	33.55	-	-	-
EBIT, 3 Yr. CAGR %	-17.22	33.55	-	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	3.33	29.04	-	-	-
Net Income, 3 Yr. CAGR %	0.95	7.86	-	-	-
Normalized Net Income, 3 Yr. CAGR %	-24.51	-6.35	-	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.77	-10.17	-	-	-
Accounts Receivable, 3 Yr. CAGR %	51.68	48.16	-	-	-
Inventory, 3 Yr. CAGR %	50.79	40.94	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	12.98	17.62	-	-	-
Total Assets, 3 Yr. CAGR %	20.63	25.77	-	-	-
Tangible Book Value, 3 Yr. CAGR %	19.86	49.17	-	-	-
Common Equity, 3 Yr. CAGR %	19.71	48.99	-	-	-
Cash From Operations, 3 Yr. CAGR %	33.9	46.76	-	-	-
Capital Expenditures, 3 Yr. CAGR %	-11.8	20.32	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-32.6	17.44	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-40.99	17.92	-	-	-
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	27.06	36.5	-	-	-
Gross Profit, 5 Yr. CAGR %	6.72	44.04	-	-	-
EBITDA, 5 Yr. CAGR %	16.6	49.56	-	-	-
EBITA, 5 Yr. CAGR %	-4.34	95.38	-	-	-
EBIT, 5 Yr. CAGR %	-4.34	95.38	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	10.16	129.38	-	-	-
Net Income, 5 Yr. CAGR %	8.64	105.99	-	-	-
Normalized Net Income, 5 Yr. CAGR %	-10.54	98.28	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.61	83.02	-	-	-
Accounts Receivable, 5 Yr. CAGR %	29.95	37.73	-	-	-
Inventory, 5 Yr. CAGR %	48.46	48.03	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	26.71	20.2	-	-	-
Total Assets, 5 Yr. CAGR %	22.36	24.48	-	-	-
Tangible Book Value, 5 Yr. CAGR %	8.14	17.05	-	-	-
Common Equity, 5 Yr. CAGR %	8.17	17.05	-	-	-
Cash From Operations, 5 Yr. CAGR %	-3.67	56.76	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-2.08	14.59	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-12.32	14.02	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-19.2	13.91	-	-	-