TOHO ACETYLENE CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 4,590.50
Dividend & Yield60.00¥ (5.19%)
Beta 0.4
Market capitalization 8.17B
Operating cash flow N/A
ESG Scores unknown

Company description

Toho Acetylene Co., Ltd. provides gas and equipment related products in Japan. The company offers high pressure gases, including acetylene, oxygen, nitrogen, argon, carbon dioxide, hydrogen, mixed gas, ammonia, semiconductor material gas, freon, helium gas, and standard gas, as well as nitrous oxide for food additives; LP gas and related equipment, and oil and gas related products; and eco energy related products, such as solar power generation systems, household fuel cells, and solar power LED street lights. It also provides industrial machinery products comprising acetylene, seamless, and ultra-low temperature liquefied gas containers; welding materials; welding fusion equipment consisting of welding machines, welding robots, laser processing machines, gas fusing-related products, and safety protection equipment; and cleaning equipment and agents. In addition, the company offers medical gases, such as oxygen, nitrogen, nitrous oxide, carbon dioxide, sterilized gas, and liquid helium; medical equipment; home treatment-related services; and medical related services. Its gas products are used in the environmental and chemical, steel and machinery, and food sectors. Toho Acetylene Co., Ltd. was founded in 1948 and is headquartered in Tagajo, Japan.

Sector: Basic Materials - Industry: Chemicals

Financial Ratios
Quick Ratio1.59
Working Capital0.11
Return On Equity0.05
Debt To Equity0
Fixed Asset Ratio0.01
Fixed Interest Cover39.61

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -614M -1.99B -707M 668M
Total Cashflows From Investing Activities -533M -543M -568M -684M
Net Borrowings -334M -452M -11M -223M
Total Cash From Financing Activities -729M -871M -509M -630M
Change To Operating Activities 290M -171M 391M -483M
Issuance Of Stock
Net Income 1.1B 923M 738M 823M
Change In Cash 2.04B 155M 132M 466M
Effect Of Exchange Rate
Total Cash From Operating Activities 3.31B 1.57B 1.21B 1.78B
Depreciation 719M 640M 619M 615M
Change To Account Receivables 1.57B 2.36B 251M 265M
Other Cashflows From Financing Activities -116M -104M -96M -94M
Change To Netincome -475M -552M -365M -488M
Capital Expenditures -508M -488M -498M -812M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.76B 1.55B 1.24B 1.4B
Net Income 1.1B 923M 738M 823M
Selling General Administrative 8.64B 8.49B 8.26B 8.37B
Gross Profit 10.3B 10.01B 9.45B 9.6B
Ebit 1.66B 1.52B 1.19B 1.23B
Operating Income 1.66B 1.52B 1.19B 1.23B
Interest Expense -38M -35M -32M -31M
Income Tax Expense 562M 540M 446M 490M
Total Revenue 36.56B 33.56B 29.83B 31.29B
Cost Of Revenue 26.26B 23.55B 20.38B 21.69B
Total Other Income ExpenseNet 98M 26M 50M 169M
Net Income From Continuing Ops 1.2B 1.01B 794M 907M
Net Income Applicable To Common Shares 1.1B 923M 738M 823M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 15.76B 12.95B 12.61B 12.71B
Total Stockholder Equity 14.17B 14.72B 15.24B 15.82B
Other Current Liabilities 1.44B 1.29B 1.66B 1.2B
Total Assets 31.64B 29.41B 29.53B 30.27B
Common Stock 2.26B 2.26B 2.26B 2.26B
Other Current Assets 190M 231M 223M 505M
Retained Earnings 10.85B 11.46B 11.89B 12.52B
Treasury Stock 73M -2M -28M -82M
Cash 7.59B 7.75B 7.88B 8.33B
Total Current Liabilities 13.25B 10.86B 10.41B 10.61B
Other Stockholder Equity 82M 7M 63M 1M
Property, Plant, and Equipment 10.24B 10.01B 9.84B 10.07B
Total Current Assets 19.19B 17.29B 17.39B 17.98B
Net Tangible Assets 14.04B 14.58B 15.05B 15.63B
Net Receivables 10.15B 7.79B 7.54B 7.99B
Accounts Payable 7.64B 5.62B 4.87B 5.58B


Insider Transactions

Here are the insider transactions of stock shares related to TOHO ACETYLENE CO:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TOHO ACETYLENE CO. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TOHO ACETYLENE CO

Here is the result of two systematic investment strategies applied to TOHO ACETYLENE CO. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TOHO ACETYLENE CO

The following chart shows the equity curve of the two systematic investment strategies applied to TOHO ACETYLENE CO:

TOHO ACETYLENE CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.27% on the backtest period.

Performance at glance

Performance

3.27 %

Latent gain

368.0 ¥

Invested capital

11240.0 ¥

Annualized return

0.78 %
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Momentum strategy results on TOHO ACETYLENE CO

This is the result of two momentum investment strategies applied to TOHO ACETYLENE CO. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TOHO ACETYLENE CO

The following chart shows all the entries opened by the momentum investment system on TOHO ACETYLENE CO:

TOHO ACETYLENE CO momentum entries
  • The first momentum investment strategy would give -4.9% of return on TOHO ACETYLENE CO. That represents -449.0¥ of latent gain with 9155.0¥ of employed capital.
  • The second momentum investment strategy would give -5.79% of return on TOHO ACETYLENE CO. That represents -535.0¥ of latent gain with 9241.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-4.9 %

Latent gain

-449.0 ¥

Invested capital

9155.0 ¥

Annualized return

8.71 %
Performance at glance (2Q Momentum)

Performance

-5.79 %

Latent gain

-535.0 ¥

Invested capital

9241.0 ¥

Annualized return

-1.56 %

Momentum equity curve on TOHO ACETYLENE CO

The following chart shows the equity curve of the two momentum strategies applied to TOHO ACETYLENE CO:

TOHO ACETYLENE CO momentum equity

Note: the dividends potentially given by TOHO ACETYLENE CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOHO ACETYLENE CO

The following chart shows the employed capital evolution of the two momentum strategies on TOHO ACETYLENE CO since the beginning:

TOHO ACETYLENE CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on TOHO ACETYLENE CO

Buy the dip entry openings on TOHO ACETYLENE CO

TOHO ACETYLENE CO

The performance achieved by the robo-advisor on TOHO ACETYLENE CO is 19.16%. That represents 700.0$ of latent gain with 3653.0¥ of employed capital. The following chart shows TOHO ACETYLENE CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOHO ACETYLENE CO, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

19.16 %

Latent gain

700.0 ¥

Invested capital

3653.0 ¥

Annualized return

8.71 %

Equity curve of the strategy applied to TOHO ACETYLENE CO

The following chart shows the result of the investment strategy applied to TOHO ACETYLENE CO:

TOHO ACETYLENE CO

Note: the dividends potentially given by TOHO ACETYLENE CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOHO ACETYLENE CO

The following chart shows the employed capital evolution since the beginning of the investment strategy on TOHO ACETYLENE CO:

TOHO ACETYLENE CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TOHO ACETYLENE CO

In this section, I will compare the three previous investment strategies applied to TOHO ACETYLENE CO.

Equity curve comparison on TOHO ACETYLENE CO

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TOHO ACETYLENE CO investment strategy comparison

Employed capital comparison on TOHO ACETYLENE CO

TOHO ACETYLENE CO investment comparison

Performance comparison on TOHO ACETYLENE CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.27% 368.0¥ 11240.0¥ 0.78%
Momentum 1 quarter -4.9% -449.0¥ 9155.0¥ -1.24%
Momentum 2 quarters -5.79% -535.0¥ 9241.0¥ -1.56%
Non-directional 19.16% 700.0¥ 3653.0¥ 8.71%
Annualized return comparison

Automatic investment

0.78 %

Momentum 1Q

-1.56 %

Momentum 2Q

-1.56 %

Non-directional

8.71 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOHO ACETYLENE CO:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TOHO ACETYLENE CO and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOHO ACETYLENE CO does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOHO ACETYLENE CO
Country Japan
City Tagajo
Address Sakae 2-3-32
Phone 81 2 2366 6110
Website www.toho-ace.co.jp
FullTime employees 778
Industry Chemicals
Sector Basic Materials
Exchange XTKS
Ticker 4093.XTKS
Market www.jpx.co.jp

TOHO ACETYLENE CO ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown