SHINAGAWA REFRACTORIES CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 12,255.92
Dividend & Yield195.00¥ (5.15%)
Beta 1.02
Market capitalization 35.21B
Operating cash flow N/A
ESG Scores unknown

Company description

Shinagawa Refractories Co., Ltd. manufactures and sells refractory products in Japan. It offers shaped refractory bricks, including basic, carbon-containing, fire clay and high alumina, silicon carbide, and silica bricks; monolithic refractories comprising castable and gunning refractories, precast shapes, plastic and ramming mixes, and refractory mortars; and functional products, such as slide gate plate bricks, submerged entry nozzles, monoblock stoppers, ladle shrouds, and Eddy current level meters, as well as mold powder for continuous casting. The company also provides ceramic fiber in various forms consisting of modules, preformed shapes, refractory insulating boards, sheets, and gaskets; and fine ceramics, including high precision large-sized ceramic parts, as well as alumina, zirconia, silicon carbide, a-Sialon, and porous ceramics for use in liquid crystal and semiconductor manufacturing equipment. In addition, it offers multifunctional absorbent and desiccants, and inorganic heat-resistant paints and adhesives; and related products. Further, the company designs, installs, and maintains various industrial furnaces and kilns. Its products are used in the steel, cement, glass, chemistry, and waste disposal industries. The company exports its engineering and refractory products to approximately 50 countries. Shinagawa Refractories Co., Ltd. was founded in 1875 and is headquartered in Tokyo, Japan.

Sector: Industrials - Industry: Building Products & Equipment

Financial Ratios
Quick Ratio1.42
Working Capital0.13
Return On Equity0.09
Debt To Equity0.21
Fixed Asset Ratio0.01
Fixed Interest Cover106.4

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 990M -2.43B -1.81B 3.59B
Total Cashflows From Investing Activities -1.18B -3.84B -4.01B -5.17B
Net Borrowings -982M -993M -1.04B 9.1B
Total Cash From Financing Activities -2.29B -2.55B -2.41B -3.35B
Change To Operating Activities -1.73B -245M -1.98B -86M
Issuance Of Stock
Net Income 6.22B 5.55B 2.11B 5.31B
Change In Cash 726M 1.32B 2.9B 1.2B
Effect Of Exchange Rate -96M -57M 3M 218M
Total Cash From Operating Activities 4.29B 7.77B 9.33B 9.49B
Depreciation 2.34B 2.54B 2.58B 2.68B
Change To Account Receivables -4.4B 1.13B 2.65B -4.02B
Other Cashflows From Financing Activities -324M -249M -345M -10.95B
Change To Netincome -1.12B -1.7B 2.88B -751M
Capital Expenditures -2.09B -4.25B -4.08B -3.21B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 983M 1.12B 1.12B
Income Before Tax 10.24B 8.1B 4.41B 9.41B
Net Income 6.22B 5.55B 2.11B 5.31B
Selling General Administrative 12.22B 12.4B 11.55B 14.45B
Gross Profit 23.43B 23.12B 19.95B 24.56B
Ebit 10.23B 9.6B 7.29B 10.11B
Operating Income 10.23B 9.6B 7.29B 10.11B
Interest Expense -126M -126M -105M -95M
Income Tax Expense 3.05B 1.53B 1.32B 2.6B
Total Revenue 119.07B 118.97B 99.97B 110.78B
Cost Of Revenue 95.64B 95.85B 80.02B 86.23B
Total Other Income ExpenseNet 3M -1.5B -2.88B -696M
Net Income From Continuing Ops 7.19B 6.57B 3.09B 6.81B
Net Income Applicable To Common Shares 6.22B 5.55B 2.11B 5.31B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 48.84B 43.53B 39.87B 56.47B
Total Stockholder Equity 54.4B 58.01B 60.68B 60.17B
Other Current Liabilities 6.25B 4.97B 5.26B 8.08B
Total Assets 111.23B 110.25B 110.2B 119.71B
Common Stock 3.3B 3.3B 3.3B 3.3B
Other Current Assets 969M 942M 1.08B 1.06B
Retained Earnings 45.82B 50.07B 51.09B 54.85B
Treasury Stock 131M -527M 1.13B 1.6B
Cash 11.57B 12.99B 13.71B 16.89B
Total Current Liabilities 37.53B 34.25B 35.15B 39.4B
Other Stockholder Equity 438M -220M 1.41B 1.87B
Property, Plant, and Equipment 28.57B 30.38B 27.74B 29.33B
Total Current Assets 72.17B 72.01B 71.65B 78.74B
Net Tangible Assets 54.06B 57.66B 60.16B 59.43B
Net Receivables 37.53B 36.4B 33.74B 38.11B
Accounts Payable 16.09B 14.91B 13.63B 17.32B


Insider Transactions

Here are the insider transactions of stock shares related to SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

Here is the result of two systematic investment strategies applied to SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

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

SHINAGAWA REFRACTORIES CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.75% on the backtest period.

Performance at glance

Performance

11.75 %

Latent gain

2993.0 ¥

Invested capital

25477.0 ¥

Annualized return

2.8 %
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Momentum strategy results on SHINAGAWA REFRACTORIES CO

This is the result of two momentum investment strategies applied to SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

The following chart shows all the entries opened by the momentum investment system on SHINAGAWA REFRACTORIES CO:

SHINAGAWA REFRACTORIES CO momentum entries
  • The first momentum investment strategy would give 90.61% of return on SHINAGAWA REFRACTORIES CO. That represents 6767.0¥ of latent gain with 7468.0¥ of employed capital.
  • The second momentum investment strategy would give 78.27% of return on SHINAGAWA REFRACTORIES CO. That represents 5000.0¥ of latent gain with 6388.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

90.61 %

Latent gain

6767.0 ¥

Invested capital

7468.0 ¥

Annualized return

-10.57 %
Performance at glance (2Q Momentum)

Performance

78.27 %

Latent gain

5000.0 ¥

Invested capital

6388.0 ¥

Annualized return

21.04 %

Momentum equity curve on SHINAGAWA REFRACTORIES CO

The following chart shows the equity curve of the two momentum strategies applied to SHINAGAWA REFRACTORIES CO:

SHINAGAWA REFRACTORIES CO momentum equity

Note: the dividends potentially given by SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

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

SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

Buy the dip entry openings on SHINAGAWA REFRACTORIES CO

SHINAGAWA REFRACTORIES CO

The performance achieved by the robo-advisor on SHINAGAWA REFRACTORIES CO is -23.26%. That represents -863.0$ of latent gain with 3710.0¥ of employed capital. The following chart shows SHINAGAWA REFRACTORIES CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SHINAGAWA REFRACTORIES 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

-23.26 %

Latent gain

-863.0 ¥

Invested capital

3710.0 ¥

Annualized return

-10.57 %

Equity curve of the strategy applied to SHINAGAWA REFRACTORIES CO

The following chart shows the result of the investment strategy applied to SHINAGAWA REFRACTORIES CO:

SHINAGAWA REFRACTORIES CO

Note: the dividends potentially given by SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

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

SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO

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

Equity curve comparison on SHINAGAWA REFRACTORIES CO

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

SHINAGAWA REFRACTORIES CO investment strategy comparison

Employed capital comparison on SHINAGAWA REFRACTORIES CO

SHINAGAWA REFRACTORIES CO investment comparison

Performance comparison on SHINAGAWA REFRACTORIES CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.75% 2993.0¥ 25477.0¥ 2.8%
Momentum 1 quarter 90.61% 6767.0¥ 7468.0¥ 22.88%
Momentum 2 quarters 78.27% 5000.0¥ 6388.0¥ 21.04%
Non-directional -23.26% -863.0¥ 3710.0¥ -10.57%
Annualized return comparison

Automatic investment

2.8 %

Momentum 1Q

21.04 %

Momentum 2Q

21.04 %

Non-directional

-10.57 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SHINAGAWA REFRACTORIES 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 SHINAGAWA REFRACTORIES CO and the other stocks. There may be false positives or some missing correlated stocks. If the price of SHINAGAWA REFRACTORIES CO does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name SHINAGAWA REFRACTORIES CO
Country Japan
City Tokyo
Address Shin-Otemachi Building
Phone 81 3 6265 1600
Website www.shinagawa.co.jp
FullTime employees 2817
Industry Building Products & Equipment
Sector Industrials
Exchange XTKS
Ticker 5351.XTKS
Market www.jpx.co.jp

SHINAGAWA REFRACTORIES 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