MEIWA ESTATE CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2,332.39
Dividend & Yield70.00¥ (11.38%)
Beta 0.92
Market capitalization 14.49B
Operating cash flow N/A
ESG Scores unknown

Company description

Meiwa Estate Company Limited develops, sells, and manages condominiums in Japan. It also engages in real estate leasing and brokerage activities. The company was incorporated in 1942 and is headquartered in Tokyo, Japan.

Sector: Real Estate - Industry: Real Estate Services

Financial Ratios
Quick Ratio0.8
Working Capital0.05
Return On Equity0.1
Debt To Equity1.2
Fixed Asset Ratio0
Fixed Interest Cover6.87

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 3.88B 3.13B -5.24B 1.52B
Total Cashflows From Investing Activities -65M -93M 1.38B -45M
Net Borrowings 3.21B 509M 3.58B 13.95B
Total Cash From Financing Activities 2.44B -254M 3.19B 12.08B
Change To Operating Activities 96M 5.41B -4.76B 1.53B
Issuance Of Stock
Net Income 2.03B 496M 2.72B 2.6B
Change In Cash 6.97B -567M -982M 5.14B
Effect Of Exchange Rate
Total Cash From Operating Activities 4.59B -219M -5.55B -6.89B
Depreciation 265M 299M 211M 197M
Change To Account Receivables 106M 78M -13M 108M
Other Cashflows From Financing Activities -24M -17M -22M -32M
Change To Netincome -249M -274M -257M -788M
Capital Expenditures -290M -47M -89M -117M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 2.41B 834M 3.05B 3.14B
Net Income 2.03B 496M 2.72B 2.6B
Selling General Administrative 7.55B 7.5B 7.69B 8.76B
Gross Profit 10.56B 9.14B 11.31B 12.93B
Ebit 3.01B 1.64B 3.63B 4.17B
Operating Income 3.01B 1.64B 3.63B 4.17B
Interest Expense -451M -481M -474M -607M
Income Tax Expense 376M 338M 330M 544M
Total Revenue 49.97B 40.53B 50.11B 57.21B
Cost Of Revenue 39.41B 31.39B 38.79B 44.28B
Total Other Income ExpenseNet -600M -808M -582M -1.03B
Net Income From Continuing Ops 2.03B 496M 2.72B 2.6B
Net Income Applicable To Common Shares 2.03B 496M 2.72B 2.6B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 47.49B 56.99B 50.23B 69.14B
Total Stockholder Equity 23.71B 23.44B 25.82B 26.57B
Other Current Liabilities 4.09B 9.84B 5.32B 5.53B
Total Assets 71.2B 80.43B 76.05B 95.71B
Common Stock 3.54B 3.54B 3.54B 3.54B
Other Current Assets 713M 1.45B 602M 646M
Retained Earnings 14.79B 14.54B 16.89B 18.62B
Treasury Stock -12M -32M -3M -979M
Cash 24.15B 23.6B 22.65B 27.7B
Total Current Liabilities 27.01B 38.12B 31.55B 36.52B
Other Stockholder Equity -12M -32M -3M -14M
Property, Plant, and Equipment 9.62B 9.18B 7.69B 7.66B
Total Current Assets 59.63B 69.41B 66.25B 85.84B
Net Tangible Assets 23.61B 23.36B 25.76B 26.5B
Net Receivables 1B 961M 942M 832M
Accounts Payable 13.83B 17.1B 11.09B 13.28B


Insider Transactions

Here are the insider transactions of stock shares related to MEIWA ESTATE 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 MEIWA ESTATE 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 MEIWA ESTATE CO

Here is the result of two systematic investment strategies applied to MEIWA ESTATE 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 MEIWA ESTATE CO

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

MEIWA ESTATE CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.11% on the backtest period.

Performance at glance

Performance

-1.11 %

Latent gain

-72.0 ¥

Invested capital

6502.0 ¥

Annualized return

-0.26 %
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Momentum strategy results on MEIWA ESTATE CO

This is the result of two momentum investment strategies applied to MEIWA ESTATE 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 MEIWA ESTATE CO

The following chart shows all the entries opened by the momentum investment system on MEIWA ESTATE CO:

MEIWA ESTATE CO momentum entries
  • The first momentum investment strategy would give -1.27% of return on MEIWA ESTATE CO. That represents -124.0¥ of latent gain with 9769.0¥ of employed capital.
  • The second momentum investment strategy would give -3.15% of return on MEIWA ESTATE CO. That represents -314.0¥ of latent gain with 9959.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-1.27 %

Latent gain

-124.0 ¥

Invested capital

9769.0 ¥

Annualized return

9.43 %
Performance at glance (2Q Momentum)

Performance

-3.15 %

Latent gain

-314.0 ¥

Invested capital

9959.0 ¥

Annualized return

-0.85 %

Momentum equity curve on MEIWA ESTATE CO

The following chart shows the equity curve of the two momentum strategies applied to MEIWA ESTATE CO:

MEIWA ESTATE CO momentum equity

Note: the dividends potentially given by MEIWA ESTATE 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 MEIWA ESTATE CO

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

MEIWA ESTATE 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 MEIWA ESTATE CO

Buy the dip entry openings on MEIWA ESTATE CO

MEIWA ESTATE CO

The performance achieved by the robo-advisor on MEIWA ESTATE CO is 20.75%. That represents 221.0$ of latent gain with 1065.0¥ of employed capital. The following chart shows MEIWA ESTATE CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MEIWA ESTATE 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

20.75 %

Latent gain

221.0 ¥

Invested capital

1065.0 ¥

Annualized return

9.43 %

Equity curve of the strategy applied to MEIWA ESTATE CO

The following chart shows the result of the investment strategy applied to MEIWA ESTATE CO:

MEIWA ESTATE CO

Note: the dividends potentially given by MEIWA ESTATE 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 MEIWA ESTATE CO

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

MEIWA ESTATE 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 MEIWA ESTATE CO

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

Equity curve comparison on MEIWA ESTATE CO

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

MEIWA ESTATE CO investment strategy comparison

Employed capital comparison on MEIWA ESTATE CO

MEIWA ESTATE CO investment comparison

Performance comparison on MEIWA ESTATE CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.11% -72.0¥ 6502.0¥ -0.26%
Momentum 1 quarter -1.27% -124.0¥ 9769.0¥ -0.32%
Momentum 2 quarters -3.15% -314.0¥ 9959.0¥ -0.85%
Non-directional 20.75% 221.0¥ 1065.0¥ 9.43%
Annualized return comparison

Automatic investment

-0.26 %

Momentum 1Q

-0.85 %

Momentum 2Q

-0.85 %

Non-directional

9.43 %

Correlated stocks

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


Company information

Company name MEIWA ESTATE CO
Country Japan
City Tokyo
Address Meiwa Jisho Shibuya Shinsen Building
Phone 81 3 5489 0111
Website www.meiwajisyo.co.jp
FullTime employees 523
Industry Real Estate Services
Sector Real Estate
Exchange XTKS
Ticker 8869.XTKS
Market www.jpx.co.jp

MEIWA ESTATE 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