DAISHIN CHEMICAL chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 5,342.77
Dividend & Yield64.00¥ (5.30%)
Beta 0.42
Market capitalization 5.63B
Operating cash flow 1.44B
ESG Scores unknown

Company description

Daishin Chemical Co.,Ltd. manufactures and sells various paints and chemicals in Japan. The company's products include lacquer thinners, synthetic resin paint thinners, cleaning thinners, special thinners, printing ink solvents, paint removers, and printing and single solvents, as well as ethanol and other products. It also offers reagents to support various tests, basic research, analysis, and environment, as well as product development, including pharmaceutical, textile, food, and electric products development. In addition, the company is involved in the sale of various materials ancillary to paint manufacturing; manufacture and sale of external substances and poisons for pharmaceutical industry; and related ancillary businesses. It sells its products to paint manufacturers, and printing ink and other industrial sectors through a network of sales agents. Daishin Chemical Co.,Ltd. was founded in 1952 and is headquartered in Tokyo, Japan.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio1.33
Working Capital0.23
Return On Equity0.13
Debt To Equity0.31
Fixed Asset Ratio0.01
Fixed Interest Cover16.27

Financial data

Financial Statements

Cashflow Statement 2007-03-31 2008-03-31 2009-03-31 2010-03-31
Change To Liabilities 648.76M 15k -2.41B 702.08M
Total Cashflows From Investing Activities -532.91M -856.3M -634M -1.07B
Net Borrowings 657.11M 767.58M 169.02M 38.6M
Total Cash From Financing Activities 564.48M 675.79M 77.23M -99.41M
Change To Operating Activities 106.91M -28.52M 270.48M 213.97M
Issuance Of Stock
Net Income 343.87M 409.85M 791.01M 753.56M
Change In Cash 297.68M 195.51M 397.09M 110.08M
Effect Of Exchange Rate
Total Cash From Operating Activities 266.11M 376.02M 953.86M 1.28B
Depreciation 311.12M 334.04M 394.84M 417.53M
Change To Account Receivables -918.81M -502.64M 1.65B -657.21M
Other Cashflows From Financing Activities -1k -1k -1k
Change To Netincome 57.07M 28.62M 276.25M -214.44M
Capital Expenditures -639.78M -987.46M -488.22M -745.56M

Income Statement 2007-03-31 2008-03-31 2009-03-31 2010-03-31
Research Development 15.41M 15.01M 17.78M 15.07M
Income Before Tax 684.2M 737.62M 1.43B 1.43B
Net Income 343.87M 409.85M 791.01M 753.56M
Selling General Administrative 2.73B 2.8B 2.95B 3.19B
Gross Profit 3.49B 3.71B 4.58B 4.8B
Ebit 705.65M 817.86M 1.56B 1.53B
Operating Income 705.65M 817.86M 1.56B 1.53B
Interest Expense -39.57M -68.9M -74.13M -94.18M
Income Tax Expense 340.32M 327.78M 643.9M 677.08M
Total Revenue 24.3B 27.53B 28.12B 22.53B
Cost Of Revenue 20.81B 23.82B 23.55B 17.73B
Total Other Income ExpenseNet -21.45M -80.24M -121.61M -102.16M
Net Income From Continuing Ops 343.87M 409.85M 791.01M 753.56M
Net Income Applicable To Common Shares 343.87M 409.85M 791.01M 753.56M

Balance Sheet Statement 2007-03-31 2008-03-31 2009-03-31 2010-03-31
Total Liabilities 10.81B 11.64B 9.91B 10.37B
Total Stockholder Equity 4.54B 4.78B 5.4B 6.03B
Other Current Liabilities 204.02M 242.81M 593.45M 296.03M
Total Assets 15.35B 16.41B 15.31B 16.39B
Common Stock 729M 729M 729M 729M
Other Current Assets 608.89M 79.21M 119.84M 82.57M
Retained Earnings 3B 3.32B 4.02B 4.64B
Treasury Stock 143.43M 59.73M -13.91M -5.43M
Cash 1.22B 1.42B 1.82B 1.93B
Total Current Liabilities 8.93B 9.4B 7.59B 7.94B
Other Stockholder Equity 145.21M 61.51M -12.13M -3.34M
Property, Plant, and Equipment 3B 3.55B 3.75B 4.09B
Total Current Assets 11.05B 11.72B 10.39B 11.18B
Net Tangible Assets 4.46B 4.67B 5.3B 5.92B
Net Receivables 8.01B 8.55B 6.88B 7.53B
Accounts Payable 6.8B 6.72B 4.24B 5.34B


Insider Transactions

Here are the insider transactions of stock shares related to DAISHIN CHEMICAL:

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 DAISHIN CHEMICAL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DAISHIN CHEMICAL

Here is the result of two systematic investment strategies applied to DAISHIN CHEMICAL. 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 DAISHIN CHEMICAL

The following chart shows the equity curve of the two systematic investment strategies applied to DAISHIN CHEMICAL:

DAISHIN CHEMICAL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.18% on the backtest period.

Performance at glance

Performance

0.18 %

Latent gain

18.0 ¥

Invested capital

10174.0 ¥

Annualized return

0.04 %
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Momentum strategy results on DAISHIN CHEMICAL

This is the result of two momentum investment strategies applied to DAISHIN CHEMICAL. 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 DAISHIN CHEMICAL

The following chart shows all the entries opened by the momentum investment system on DAISHIN CHEMICAL:

DAISHIN CHEMICAL momentum entries
  • The first momentum investment strategy would give 0.3% of return on DAISHIN CHEMICAL. That represents 26.0¥ of latent gain with 8710.0¥ of employed capital.
  • The second momentum investment strategy would give -8.53% of return on DAISHIN CHEMICAL. That represents -815.0¥ of latent gain with 9551.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.3 %

Latent gain

26.0 ¥

Invested capital

8710.0 ¥

Annualized return

6.06 %
Performance at glance (2Q Momentum)

Performance

-8.53 %

Latent gain

-815.0 ¥

Invested capital

9551.0 ¥

Annualized return

-2.02 %

Momentum equity curve on DAISHIN CHEMICAL

The following chart shows the equity curve of the two momentum strategies applied to DAISHIN CHEMICAL:

DAISHIN CHEMICAL momentum equity

Note: the dividends potentially given by DAISHIN CHEMICAL 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 DAISHIN CHEMICAL

The following chart shows the employed capital evolution of the two momentum strategies on DAISHIN CHEMICAL since the beginning:

DAISHIN CHEMICAL

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 DAISHIN CHEMICAL

Buy the dip entry openings on DAISHIN CHEMICAL

DAISHIN CHEMICAL

The performance achieved by the robo-advisor on DAISHIN CHEMICAL is 16.36%. That represents 614.0$ of latent gain with 3754.0¥ of employed capital. The following chart shows DAISHIN CHEMICAL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DAISHIN CHEMICAL, 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

16.36 %

Latent gain

614.0 ¥

Invested capital

3754.0 ¥

Annualized return

6.06 %

Equity curve of the strategy applied to DAISHIN CHEMICAL

The following chart shows the result of the investment strategy applied to DAISHIN CHEMICAL:

DAISHIN CHEMICAL

Note: the dividends potentially given by DAISHIN CHEMICAL 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 DAISHIN CHEMICAL

The following chart shows the employed capital evolution since the beginning of the investment strategy on DAISHIN CHEMICAL:

DAISHIN CHEMICAL

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 DAISHIN CHEMICAL

In this section, I will compare the three previous investment strategies applied to DAISHIN CHEMICAL.

Equity curve comparison on DAISHIN CHEMICAL

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

DAISHIN CHEMICAL investment strategy comparison

Employed capital comparison on DAISHIN CHEMICAL

DAISHIN CHEMICAL investment comparison

Performance comparison on DAISHIN CHEMICAL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.18% 18.0¥ 10174.0¥ 0.04%
Momentum 1 quarter 0.3% 26.0¥ 8710.0¥ 0.07%
Momentum 2 quarters -8.53% -815.0¥ 9551.0¥ -2.02%
Non-directional 16.36% 614.0¥ 3754.0¥ 6.06%
Annualized return comparison

Automatic investment

0.04 %

Momentum 1Q

-2.02 %

Momentum 2Q

-2.02 %

Non-directional

6.06 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DAISHIN CHEMICAL:

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 DAISHIN CHEMICAL and the other stocks. There may be false positives or some missing correlated stocks. If the price of DAISHIN CHEMICAL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name DAISHIN CHEMICAL
Country Japan
City Tokyo
Address Nomura Real Estate Shibadaimon Building
Phone 81 3 3432 4786
Website www.daishin-chemical.co.jp
FullTime employees 165
Industry Specialty Chemicals
Sector Basic Materials
Exchange XTKS
Ticker 4629.XTKS
Market www.jpx.co.jp

DAISHIN CHEMICAL 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