SHARP CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 3,989.17
Dividend & Yield70.00¥ (6.90%)
Beta 1.4
Market capitalization 651.87B
Operating cash flow 52.88B
ESG Scores 17.8

Company description

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, fans, dehumidifiers, humidifiers, electric heating equipment, plasma cluster ion generators, beauty equipment, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries etc. The 8K Ecosystem segment provides TVs, Blu-ray disc recorders, audio equipment, multi-function printers, information displays, business projectors, POS system equipment, FA equipment, options/consumables, software, masks etc. The ICT segment offers mobile phones, personal computers, tablet devices, routers etc. The Display Device segments provides display modules, in-vehicle cameras etc. The Electronic Device segment offers camera modules, sensor modules, proximity sensors, dust sensors, wafer foundry, CMOS / CCD sensors, semiconductor lasers etc. The company was formerly known as Hayakawa Electric Industry Co., Ltd. and changed its name to Sharp Corporation in January 1970. Sharp Corporation was founded in 1912 and is headquartered in Sakai, Japan.

Sector: Technology - Industry: Consumer Electronics

Financial Ratios
Quick Ratio1.16
Working Capital0.2
Return On Equity0.18
Debt To Equity1.23
Fixed Asset Ratio0.04
Fixed Interest Cover19.05

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -59.62B -74.37B 15.21B 3.51B
Total Cashflows From Investing Activities -168.05B -128.25B -14.11B -31.45B
Net Borrowings 22.05B 127.54B -53.84B -102.49B
Total Cash From Financing Activities -88.52B 4.56B -76.72B -124.29B
Change To Operating Activities 30.92B -18.23B -12.05B -50.17B
Issuance Of Stock
Net Income 64.01B 13.73B 53.26B 73.99B
Change In Cash -175.2B -58.47B 122.47B -53.43B
Effect Of Exchange Rate 1.69B -3.24B 8.66B 27.15B
Total Cash From Operating Activities 78.31B 68.45B 204.64B 75.16B
Depreciation 78.85B 72.63B 71.94B 72.4B
Change To Account Receivables -39.06B 101.77B -8.78B -6.87B
Other Cashflows From Financing Activities -4.33B -10.87B -11.83B -3.49B
Change To Netincome 6.42B 10.84B 18.61B -12.04B
Capital Expenditures -126.72B -73.44B -35.66B -47.59B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 31.87B 23.85B 20.97B 21.71B
Income Before Tax 58.43B 32.33B 66.44B 89.8B
Net Income 64.01B 13.73B 53.26B 73.99B
Selling General Administrative 310.81B 329.96B 317.24B 325.3B
Gross Profit 420.07B 405.28B 421.32B 431.72B
Ebit 77.39B 51.47B 83.11B 84.72B
Operating Income 77.39B 51.47B 83.11B 84.72B
Interest Expense -4.39B -4.7B -5.51B -4.45B
Income Tax Expense 1.23B 17.77B 14.21B 16.05B
Total Revenue 2.39T 2.26T 2.43T 2.5T
Cost Of Revenue 1.97T 1.86T 2T 2.06T
Total Other Income ExpenseNet -18.96B -19.14B -16.67B 5.08B
Net Income From Continuing Ops 57.2B 14.56B 52.23B 73.76B
Net Income Applicable To Common Shares 61.13B 13.73B 53.26B 73.99B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.49T 1.54T 1.56T 1.49T
Total Stockholder Equity 341.69B 256.57B 350.65B 454.57B
Other Current Liabilities 155.58B 162.45B 202.28B 206.62B
Total Assets 1.85T 1.81T 1.93T 1.96T
Common Stock 5B 5B 5B 5B
Other Current Assets 95.05B 142.27B 130.1B 148.17B
Retained Earnings 247.83B 247.28B 289.55B 345.22B
Treasury Stock -119.86B -104.57B -53.03B -4.27B
Cash 266.65B 225.05B 341.92B 287.36B
Total Current Liabilities 811.88B 864.58B 885.58B 808.2B
Other Stockholder Equity -105.88B -90.58B -38.98B 9.48B
Property, Plant, and Equipment 395.66B 400.95B 438.49B 418.26B
Total Current Assets 1.13T 1.08T 1.19T 1.23T
Net Tangible Assets 302.18B 211.27B 305.53B 412.29B
Net Receivables 528.43B 420.99B 453.69B 484.82B
Accounts Payable 410.15B 348.33B 396.42B 422.37B


Insider Transactions

Here are the insider transactions of stock shares related to SHARP CORP:

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


Systematic investment results on SHARP CORP

Here is the result of two systematic investment strategies applied to SHARP CORP. 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 SHARP CORP

The following chart shows the equity curve of the two systematic investment strategies applied to SHARP CORP:

SHARP CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 46.64% on the backtest period.

Performance at glance

Performance

46.64 %

Latent gain

7411.0 ¥

Invested capital

15889.0 ¥

Annualized return

11.1 %
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Momentum strategy results on SHARP CORP

This is the result of two momentum investment strategies applied to SHARP CORP. 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 SHARP CORP

The following chart shows all the entries opened by the momentum investment system on SHARP CORP:

SHARP CORP momentum entries
  • The first momentum investment strategy would give 41.25% of return on SHARP CORP. That represents 3402.0¥ of latent gain with 8248.0¥ of employed capital.
  • The second momentum investment strategy would give 104.03% of return on SHARP CORP. That represents 9504.0¥ of latent gain with 9136.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

41.25 %

Latent gain

3402.0 ¥

Invested capital

8248.0 ¥

Annualized return

39.41 %
Performance at glance (2Q Momentum)

Performance

104.03 %

Latent gain

9504.0 ¥

Invested capital

9136.0 ¥

Annualized return

27.97 %

Momentum equity curve on SHARP CORP

The following chart shows the equity curve of the two momentum strategies applied to SHARP CORP:

SHARP CORP momentum equity

Note: the dividends potentially given by SHARP CORP 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 SHARP CORP

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

SHARP CORP

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 SHARP CORP

Buy the dip entry openings on SHARP CORP

SHARP CORP

The performance achieved by the robo-advisor on SHARP CORP is 86.7%. That represents 1082.0$ of latent gain with 1248.0¥ of employed capital. The following chart shows SHARP CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SHARP CORP, 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

86.7 %

Latent gain

1082.0 ¥

Invested capital

1248.0 ¥

Annualized return

39.41 %

Equity curve of the strategy applied to SHARP CORP

The following chart shows the result of the investment strategy applied to SHARP CORP:

SHARP CORP

Note: the dividends potentially given by SHARP CORP 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 SHARP CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on SHARP CORP:

SHARP CORP

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 SHARP CORP

In this section, I will compare the three previous investment strategies applied to SHARP CORP.

Equity curve comparison on SHARP CORP

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

SHARP CORP investment strategy comparison

Employed capital comparison on SHARP CORP

SHARP CORP investment comparison

Performance comparison on SHARP CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 46.64% 7411.0¥ 15889.0¥ 11.1%
Momentum 1 quarter 41.25% 3402.0¥ 8248.0¥ 10.42%
Momentum 2 quarters 104.03% 9504.0¥ 9136.0¥ 27.97%
Non-directional 86.7% 1082.0¥ 1248.0¥ 39.41%
Annualized return comparison

Automatic investment

11.1 %

Momentum 1Q

27.97 %

Momentum 2Q

27.97 %

Non-directional

39.41 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SHARP CORP:

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


Company information

Company name SHARP CORP
Country Japan
City Sakai
Address 1 Takumi-cho
Phone 81 72 282 1221
Website global.sharp
FullTime employees 47941
Industry Consumer Electronics
Sector Technology
Exchange XTKS
Ticker 6753.XTKS
Market www.jpx.co.jp

SHARP CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 3.6
Peer Environment Performance 4.3077777777778
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 7.6
Peer Social Performance 6.7916666666667
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 1.8947368421053
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Social Supply Chain Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 6.7
Peer Governance Performance 5.3944444444444
Governance Percentile unknown

ESG at glance
Total ESG Scores: 17.8
Environment Score: 3.6
Social Score: 7.6
Governance Score: 6.7

ESG Performance: UNDER_PERF

Peer Group: Consumer Durables

Peer Esg Score Performance: 16.873157894737

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 18