KURITA WATER INDUSTRIES chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2,666.61
Dividend & Yield78.00¥ (1.38%)
Beta 1.19
Market capitalization 610.23B
Operating cash flow 35.58B
ESG Scores unknown

Company description

Kurita Water Industries Ltd. provides various water treatment solutions in Japan, Asia, North America, South America, Europe, the Middle East, Africa, and internationally. The Water Treatment Chemicals segment offers boiler water treatment chemicals, cooling water treatment chemicals, wastewater treatment chemicals, process treatment chemicals, reverse osmosis membrane water treatment chemicals, automobile paint booth chemicals, biomass generation related chemicals, civil engineering and construction related chemicals, marine vessel related water treatment chemicals, chemical dosing systems/chemical dosing control systems, and packaged contract services. The Water Treatment Facilities segment offers water treatment equipment and facilities; ultrapure water production systems, tool cleaning, plant cleaning, and soil and groundwater contamination remediation services; and swimming pool related equipment services. This segment also provides ultrapure water production systems, wastewater reclamation systems, and wastewater treatment systems and equipment. It also offers soil and groundwater contamination remediation, plant facilities cleaning, and precision tool cleaning services, as well as water treatment equipment for professional use, products for general household's, and swimming pool-related equipment. The company was incorporated in 1949 and is headquartered in Tokyo, Japan.

Sector: Industrials - Industry: Pollution & Treatment Controls

Financial Ratios
Quick Ratio1.45
Working Capital0.29
Return On Equity0.07
Debt To Equity0.11
Fixed Asset Ratio0.05
Fixed Interest Cover5.79

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -1.09B -1.89B -2.9B 1.46B
Total Cashflows From Investing Activities -51.56B -43.68B -10.77B -39.93B
Net Borrowings -3.01B 34.62B -5.76B 7.09B
Total Cash From Financing Activities -11.28B 21.98B -18.85B -7.93B
Change To Operating Activities 20.66B 2.65B -3.41B -828M
Issuance Of Stock
Net Income 17.32B 18.29B 19.09B 18.47B
Change In Cash -23.37B 14.67B 12.01B -16.5B
Effect Of Exchange Rate -104M -1.01B 1.63B 2.62B
Total Cash From Operating Activities 38.48B 37.38B 40B 28.74B
Depreciation 17.76B 18.7B 20.74B 23.41B
Change To Account Receivables -10.91B 4.53B 746M -6.71B
Other Cashflows From Financing Activities -2.3B -6.1B -5B -6.22B
Change To Netincome -16.94B -13.13B -4.57B -16.75B
Capital Expenditures -28.6B -31.17B -14.05B -55.1B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 5.49B 5.69B 5.32B 5.39B
Income Before Tax 27.53B 26.69B 29.15B 30.08B
Net Income 17.32B 18.29B 19.09B 18.47B
Selling General Administrative 52.93B 54.54B 52.63B 57.88B
Gross Profit 82.75B 92.72B 94.68B 104.28B
Ebit 24.33B 24.85B 31.76B 32.78B
Operating Income 24.33B 24.85B 31.76B 32.78B
Interest Expense -317M -296M -249M -209M
Income Tax Expense 10.21B 8.38B 9.33B 10.45B
Total Revenue 259.41B 264.81B 267.75B 288.21B
Cost Of Revenue 176.66B 172.09B 173.07B 183.93B
Total Other Income ExpenseNet 3.21B 1.84B -2.61B -2.7B
Net Income From Continuing Ops 17.32B 18.31B 19.82B 19.62B
Net Income Applicable To Common Shares 17.32B 18.29B 19.09B 18.47B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 110.41B 143.64B 167.09B 192.12B
Total Stockholder Equity 237.6B 242.44B 253.09B 271.91B
Other Current Liabilities 39.06B 19.12B 23.63B 43.1B
Total Assets 349.88B 387.75B 424.93B 469.98B
Common Stock 13.45B 13.45B 13.45B 13.45B
Other Current Assets 4.9B 3.85B 3.78B 7.57B
Retained Earnings 220.23B 231.46B 244.14B 260.07B
Treasury Stock -6.75B -10.68B -2.29B 1.47B
Cash 35.35B 50.22B 62.23B 45.73B
Total Current Liabilities 68.07B 94.41B 74.95B 113.93B
Other Stockholder Equity 4.19B 217M 8.5B 12.16B
Property, Plant, and Equipment 109.67B 124.14B 137.01B 180.08B
Total Current Assets 149.55B 162.85B 176.48B 178.4B
Net Tangible Assets 183.65B 182.03B 180.17B 190.83B
Net Receivables 98.59B 96.97B 97.75B 108.89B
Accounts Payable 26.36B 35.68B 46.51B 57.97B


Insider Transactions

Here are the insider transactions of stock shares related to KURITA WATER INDUSTRIES:

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 KURITA WATER INDUSTRIES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on KURITA WATER INDUSTRIES

Here is the result of two systematic investment strategies applied to KURITA WATER INDUSTRIES. 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 KURITA WATER INDUSTRIES

The following chart shows the equity curve of the two systematic investment strategies applied to KURITA WATER INDUSTRIES:

KURITA WATER INDUSTRIES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 34.94% on the backtest period.

Performance at glance

Performance

34.94 %

Latent gain

4417.0 ¥

Invested capital

12643.0 ¥

Annualized return

8.32 %
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Momentum strategy results on KURITA WATER INDUSTRIES

This is the result of two momentum investment strategies applied to KURITA WATER INDUSTRIES. 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 KURITA WATER INDUSTRIES

The following chart shows all the entries opened by the momentum investment system on KURITA WATER INDUSTRIES:

KURITA WATER INDUSTRIES momentum entries
  • The first momentum investment strategy would give 49.25% of return on KURITA WATER INDUSTRIES. That represents 4222.0¥ of latent gain with 8573.0¥ of employed capital.
  • The second momentum investment strategy would give 37.43% of return on KURITA WATER INDUSTRIES. That represents 3485.0¥ of latent gain with 9310.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

49.25 %

Latent gain

4222.0 ¥

Invested capital

8573.0 ¥

Annualized return

27.88 %
Performance at glance (2Q Momentum)

Performance

37.43 %

Latent gain

3485.0 ¥

Invested capital

9310.0 ¥

Annualized return

10.06 %

Momentum equity curve on KURITA WATER INDUSTRIES

The following chart shows the equity curve of the two momentum strategies applied to KURITA WATER INDUSTRIES:

KURITA WATER INDUSTRIES momentum equity

Note: the dividends potentially given by KURITA WATER INDUSTRIES 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 KURITA WATER INDUSTRIES

The following chart shows the employed capital evolution of the two momentum strategies on KURITA WATER INDUSTRIES since the beginning:

KURITA WATER INDUSTRIES

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 KURITA WATER INDUSTRIES

Buy the dip entry openings on KURITA WATER INDUSTRIES

KURITA WATER INDUSTRIES

The performance achieved by the robo-advisor on KURITA WATER INDUSTRIES is 61.33%. That represents 4864.0$ of latent gain with 7931.0¥ of employed capital. The following chart shows KURITA WATER INDUSTRIES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KURITA WATER INDUSTRIES, 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

61.33 %

Latent gain

4864.0 ¥

Invested capital

7931.0 ¥

Annualized return

27.88 %

Equity curve of the strategy applied to KURITA WATER INDUSTRIES

The following chart shows the result of the investment strategy applied to KURITA WATER INDUSTRIES:

KURITA WATER INDUSTRIES

Note: the dividends potentially given by KURITA WATER INDUSTRIES 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 KURITA WATER INDUSTRIES

The following chart shows the employed capital evolution since the beginning of the investment strategy on KURITA WATER INDUSTRIES:

KURITA WATER INDUSTRIES

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 KURITA WATER INDUSTRIES

In this section, I will compare the three previous investment strategies applied to KURITA WATER INDUSTRIES.

Equity curve comparison on KURITA WATER INDUSTRIES

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

KURITA WATER INDUSTRIES investment strategy comparison

Employed capital comparison on KURITA WATER INDUSTRIES

KURITA WATER INDUSTRIES investment comparison

Performance comparison on KURITA WATER INDUSTRIES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 34.94% 4417.0¥ 12643.0¥ 8.32%
Momentum 1 quarter 49.25% 4222.0¥ 8573.0¥ 12.44%
Momentum 2 quarters 37.43% 3485.0¥ 9310.0¥ 10.06%
Non-directional 61.33% 4864.0¥ 7931.0¥ 27.88%
Annualized return comparison

Automatic investment

8.32 %

Momentum 1Q

10.06 %

Momentum 2Q

10.06 %

Non-directional

27.88 %

Correlated stocks

Here are the most positively and negatively correlated stocks with KURITA WATER INDUSTRIES:

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


Company information

Company name KURITA WATER INDUSTRIES
Country Japan
City Tokyo
Address Nakano Central Park East
Phone 81 3 6743 5000
Website www.kurita.co.jp
FullTime employees 7661
Industry Pollution & Treatment Controls
Sector Industrials
Exchange XTKS
Ticker 6370.XTKS
Market www.jpx.co.jp

KURITA WATER INDUSTRIES 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