HOKURIKU ELECTRIC INDUSTRY CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 4,957.49
Dividend & Yield90.00¥ (7.99%)
Beta 0.76
Market capitalization 9.12B
Operating cash flow N/A
ESG Scores unknown

Company description

Hokuriku Electric Industry Co.,Ltd. develops, manufactures, and sells electronic components in Japan and internationally. It offers pressure sensors, force sensors, pressure sensor modules, barometric pressure sensors, humidity sensors elements and modules; circuit modules, DC/DC converters, and low power RF transceiver modules and modems; high frequency components; piezoelectric speakers and actuators; chip fixed resistors and network chip fixed resistors; and metal plate chip fixed resistors. The company also provides fixed metal film, fixed metal oxide film, and fixed carbon film resistors; chip type and miniature cermet trimmer potentiometers; glass sealed radial lead, glass sealed axial lead, epoxy resin coated radial lead thermistors; tactile switches; and printed circuit boards. Its products are used in mobile communication, digital/PC, car electronic, and home electronic applications. The company was incorporated in 1943 and is based in Toyama, Japan.

Sector: Technology - Industry: Electronic Components

Financial Ratios
Quick Ratio1.34
Working Capital0.15
Return On Equity0.12
Debt To Equity0.33
Fixed Asset Ratio0.02
Fixed Interest Cover38.46

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 344M -1.99B 471M 1.36B
Total Cashflows From Investing Activities -1.35B -1.27B -590M -1.06B
Net Borrowings -909M -3.13B -72M 538M
Total Cash From Financing Activities -1.32B -3.61B -558M 23M
Change To Operating Activities 854M 355M -109M -728M
Issuance Of Stock
Net Income 776M 663M 447M 1.95B
Change In Cash -3.83B 2.02B 829M -1.44B
Effect Of Exchange Rate 64M 36M -68M 505M
Total Cash From Operating Activities -1.22B 6.86B 2.05B -909M
Depreciation 1.03B 1.16B 1.09B 1.07B
Change To Account Receivables -3.85B 5.42B -570M -2.4B
Other Cashflows From Financing Activities -157M -223M -234M -262M
Change To Netincome -361M -416M 222M 3M
Capital Expenditures -887M -1.22B -456M -1.15B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.17B 899M 558M 2.5B
Net Income 776M 663M 447M 1.95B
Selling General Administrative 4.88B 4.65B 4.29B 4.65B
Gross Profit 6.46B 5.7B 5.03B 6.96B
Ebit 1.34B 833M 643M 2.08B
Operating Income 1.34B 833M 643M 2.08B
Interest Expense -102M -71M -55M -54M
Income Tax Expense 394M 236M 111M 552M
Total Revenue 45.03B 38.71B 32.83B 40.45B
Cost Of Revenue 38.57B 33.01B 27.79B 33.49B
Total Other Income ExpenseNet -174M 66M -85M 424M
Net Income From Continuing Ops 777M 663M 447M 1.95B
Net Income Applicable To Common Shares 776M 663M 447M 1.95B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 27.85B 22.29B 22.41B 25.01B
Total Stockholder Equity 12.63B 12.66B 13.29B 15.95B
Other Current Liabilities 1.68B 1.48B 1.36B 2.26B
Total Assets 40.49B 34.95B 35.69B 40.96B
Common Stock 5.2B 5.2B 5.2B 5.2B
Other Current Assets 1.7B 1.28B 1.23B 1.89B
Retained Earnings 3.21B 3.62B 3.81B 5.53B
Treasury Stock -812M -1.2B -768M 177M
Cash 5.26B 7.23B 8.26B 7.01B
Total Current Liabilities 16.26B 11.03B 11.47B 14.83B
Other Stockholder Equity 340M -46M 390M 1.34B
Property, Plant, and Equipment 9.34B 9.43B 8.78B 8.81B
Total Current Assets 27B 21.43B 22.7B 27.86B
Net Tangible Assets 12.24B 12.16B 12.87B 15.47B
Net Receivables 13.24B 7.63B 8.28B 11.05B
Accounts Payable 7.6B 5.53B 6.02B 7.49B


Insider Transactions

Here are the insider transactions of stock shares related to HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

Here is the result of two systematic investment strategies applied to HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows the equity curve of the two systematic investment strategies applied to HOKURIKU ELECTRIC INDUSTRY CO:

HOKURIKU ELECTRIC INDUSTRY CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 14.92% on the backtest period.

Performance at glance

Performance

14.92 %

Latent gain

1474.0 ¥

Invested capital

9878.0 ¥

Annualized return

3.55 %
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Momentum strategy results on HOKURIKU ELECTRIC INDUSTRY CO

This is the result of two momentum investment strategies applied to HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows all the entries opened by the momentum investment system on HOKURIKU ELECTRIC INDUSTRY CO:

HOKURIKU ELECTRIC INDUSTRY CO momentum entries
  • The first momentum investment strategy would give 70.4% of return on HOKURIKU ELECTRIC INDUSTRY CO. That represents 6644.0¥ of latent gain with 9438.0¥ of employed capital.
  • The second momentum investment strategy would give 6.62% of return on HOKURIKU ELECTRIC INDUSTRY CO. That represents 646.0¥ of latent gain with 9760.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

70.4 %

Latent gain

6644.0 ¥

Invested capital

9438.0 ¥

Annualized return

-6.5 %
Performance at glance (2Q Momentum)

Performance

6.62 %

Latent gain

646.0 ¥

Invested capital

9760.0 ¥

Annualized return

1.78 %

Momentum equity curve on HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows the equity curve of the two momentum strategies applied to HOKURIKU ELECTRIC INDUSTRY CO:

HOKURIKU ELECTRIC INDUSTRY CO momentum equity

Note: the dividends potentially given by HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows the employed capital evolution of the two momentum strategies on HOKURIKU ELECTRIC INDUSTRY CO since the beginning:

HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

Buy the dip entry openings on HOKURIKU ELECTRIC INDUSTRY CO

HOKURIKU ELECTRIC INDUSTRY CO

The performance achieved by the robo-advisor on HOKURIKU ELECTRIC INDUSTRY CO is -14.31%. That represents -790.0$ of latent gain with 5520.0¥ of employed capital. The following chart shows HOKURIKU ELECTRIC INDUSTRY CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HOKURIKU ELECTRIC INDUSTRY 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

-14.31 %

Latent gain

-790.0 ¥

Invested capital

5520.0 ¥

Annualized return

-6.5 %

Equity curve of the strategy applied to HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows the result of the investment strategy applied to HOKURIKU ELECTRIC INDUSTRY CO:

HOKURIKU ELECTRIC INDUSTRY CO

Note: the dividends potentially given by HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

The following chart shows the employed capital evolution since the beginning of the investment strategy on HOKURIKU ELECTRIC INDUSTRY CO:

HOKURIKU ELECTRIC INDUSTRY 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 HOKURIKU ELECTRIC INDUSTRY CO

In this section, I will compare the three previous investment strategies applied to HOKURIKU ELECTRIC INDUSTRY CO.

Equity curve comparison on HOKURIKU ELECTRIC INDUSTRY CO

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

HOKURIKU ELECTRIC INDUSTRY CO investment strategy comparison

Employed capital comparison on HOKURIKU ELECTRIC INDUSTRY CO

HOKURIKU ELECTRIC INDUSTRY CO investment comparison

Performance comparison on HOKURIKU ELECTRIC INDUSTRY CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 14.92% 1474.0¥ 9878.0¥ 3.55%
Momentum 1 quarter 70.4% 6644.0¥ 9438.0¥ 17.78%
Momentum 2 quarters 6.62% 646.0¥ 9760.0¥ 1.78%
Non-directional -14.31% -790.0¥ 5520.0¥ -6.5%
Annualized return comparison

Automatic investment

3.55 %

Momentum 1Q

1.78 %

Momentum 2Q

1.78 %

Non-directional

-6.5 %

Correlated stocks

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


Company information

Company name HOKURIKU ELECTRIC INDUSTRY CO
Country Japan
City Toyama
Address 3158 Shimo-okubo
Phone 81 76 467 1111
Website www.hdk.co.jp
FullTime employees 1888
Industry Electronic Components
Sector Technology
Exchange XTKS
Ticker 6989.XTKS
Market www.jpx.co.jp

HOKURIKU ELECTRIC INDUSTRY 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