NIHON DENKEI CO chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share 7,903.82
Dividend & Yield80.00¥ (5.65%)
Beta 0.96
Market capitalization 16.44B
Operating cash flow N/A
ESG Scores unknown

Company description

Nihon Denkei Co.,Ltd. trades in electronic measuring instruments in Japan and internationally. The company manufactures, distributes, leases, and rents electronic measuring instruments, system equipment, electronic parts, etc. It also provides communication measuring instruments, computers and computer supplies, automate and labor-saving machines, physics and chemistry measuring equipment, industrial application instruments, production process measuring instruments, environmental testing instruments, photonic measuring instruments, educational laboratory equipment, power supplies, electronic components, and mechanical parts. In addition, the company plans, designs, and manufactures software products and testing jigs; and rents and leases measuring instruments and used goods. Further, it is involved in contracting business, including earthworks, steel structural constructions, and interior finishing works. Nihon Denkei Co.,Ltd. was founded in 1950 and is headquartered in Tokyo, Japan.

Sector: Industrials - Industry: Rental & Leasing Services

Financial Ratios
Quick Ratio1.54
Working Capital0.11
Return On Equity0.1
Debt To Equity0.16
Fixed Asset Ratio0.01
Fixed Interest Cover25.74

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 2.13B -2.47B -772M 248M
Total Cashflows From Investing Activities -1.68B -1.48B -311M -280M
Net Borrowings -1.68B -1.9B -2.22B 2.21B
Total Cash From Financing Activities -2.07B -2.33B -2.24B 1.47B
Change To Operating Activities 341M -19M -195M -309M
Issuance Of Stock
Net Income 2.33B 1.69B 1.47B 2.25B
Change In Cash -838M -46M 2.03B 947M
Effect Of Exchange Rate -17M 1M 1M 299M
Total Cash From Operating Activities 2.93B 3.67B 4.57B -539M
Depreciation 223M 264M 365M 613M
Change To Account Receivables -2B 3.98B 3.03B -777M
Other Cashflows From Financing Activities -13M -22M 376M -159M
Change To Netincome -909M -1.01B -603M -1.04B
Capital Expenditures -1.49B -1.35B -505M -374M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 3.4B 2.51B 2.15B 3.23B
Net Income 2.33B 1.69B 1.47B 2.25B
Selling General Administrative 8.38B 8.36B 7.79B 8.79B
Gross Profit 11.66B 10.81B 9.69B 11.45B
Ebit 3.28B 2.45B 1.89B 2.62B
Operating Income 3.28B 2.45B 1.89B 2.62B
Interest Expense -80M -86M -76M -102M
Income Tax Expense 995M 780M 725M 1.01B
Total Revenue 100.65B 93.37B 82.67B 91.86B
Cost Of Revenue 88.99B 82.56B 72.98B 80.4B
Total Other Income ExpenseNet 116M 56M 257M 610M
Net Income From Continuing Ops 2.4B 1.73B 1.42B 2.23B
Net Income Applicable To Common Shares 2.33B 1.69B 1.47B 2.25B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 36.6B 31.99B 29.32B 32.85B
Total Stockholder Equity 18.36B 19.41B 20.83B 23.04B
Other Current Liabilities 2.18B 1.88B 2.18B 2.76B
Total Assets 55.52B 51.97B 50.96B 56.64B
Common Stock 1.16B 1.16B 1.16B 1.16B
Other Current Assets 1.07B 1.11B 1.13B 1.64B
Retained Earnings 15.49B 16.77B 17.85B 19.51B
Treasury Stock 384M 147M 405M 950M
Cash 5.13B 5.4B 7.28B 8.17B
Total Current Liabilities 33.33B 28.86B 26.64B 28.87B
Other Stockholder Equity 413M 176M 435M 981M
Property, Plant, and Equipment 3.86B 4.89B 5.08B 5.42B
Total Current Assets 49.37B 45.28B 43.56B 48.67B
Net Tangible Assets 18.27B 19.31B 20.73B 22.76B
Net Receivables 40.52B 36.42B 33.41B 34.57B
Accounts Payable 20.81B 18.31B 17.54B 17.99B


Insider Transactions

Here are the insider transactions of stock shares related to NIHON DENKEI 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 NIHON DENKEI 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 NIHON DENKEI CO

Here is the result of two systematic investment strategies applied to NIHON DENKEI 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 NIHON DENKEI CO

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

NIHON DENKEI CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -14.37% on the backtest period.

Performance at glance

Performance

-14.37 %

Latent gain

-1809.0 ¥

Invested capital

12593.0 ¥

Annualized return

-3.42 %
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Momentum strategy results on NIHON DENKEI CO

This is the result of two momentum investment strategies applied to NIHON DENKEI 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 NIHON DENKEI CO

The following chart shows all the entries opened by the momentum investment system on NIHON DENKEI CO:

NIHON DENKEI CO momentum entries
  • The first momentum investment strategy would give -14.5% of return on NIHON DENKEI CO. That represents -1372.0¥ of latent gain with 9460.0¥ of employed capital.
  • The second momentum investment strategy would give -14.52% of return on NIHON DENKEI CO. That represents -1374.0¥ of latent gain with 9462.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-14.5 %

Latent gain

-1372.0 ¥

Invested capital

9460.0 ¥

Annualized return

10.32 %
Performance at glance (2Q Momentum)

Performance

-14.52 %

Latent gain

-1374.0 ¥

Invested capital

9462.0 ¥

Annualized return

-3.9 %

Momentum equity curve on NIHON DENKEI CO

The following chart shows the equity curve of the two momentum strategies applied to NIHON DENKEI CO:

NIHON DENKEI CO momentum equity

Note: the dividends potentially given by NIHON DENKEI 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 NIHON DENKEI CO

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

NIHON DENKEI 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 NIHON DENKEI CO

Buy the dip entry openings on NIHON DENKEI CO

NIHON DENKEI CO

The performance achieved by the robo-advisor on NIHON DENKEI CO is 22.71%. That represents 499.0$ of latent gain with 2197.0¥ of employed capital. The following chart shows NIHON DENKEI CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NIHON DENKEI 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

22.71 %

Latent gain

499.0 ¥

Invested capital

2197.0 ¥

Annualized return

10.32 %

Equity curve of the strategy applied to NIHON DENKEI CO

The following chart shows the result of the investment strategy applied to NIHON DENKEI CO:

NIHON DENKEI CO

Note: the dividends potentially given by NIHON DENKEI 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 NIHON DENKEI CO

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

NIHON DENKEI 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 NIHON DENKEI CO

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

Equity curve comparison on NIHON DENKEI CO

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

NIHON DENKEI CO investment strategy comparison

Employed capital comparison on NIHON DENKEI CO

NIHON DENKEI CO investment comparison

Performance comparison on NIHON DENKEI CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -14.37% -1809.0¥ 12593.0¥ -3.42%
Momentum 1 quarter -14.5% -1372.0¥ 9460.0¥ -3.66%
Momentum 2 quarters -14.52% -1374.0¥ 9462.0¥ -3.9%
Non-directional 22.71% 499.0¥ 2197.0¥ 10.32%
Annualized return comparison

Automatic investment

-3.42 %

Momentum 1Q

-3.9 %

Momentum 2Q

-3.9 %

Non-directional

10.32 %

Correlated stocks

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


Company information

Company name NIHON DENKEI CO
Country Japan
City Tokyo
Address ND building
Phone 81 3 5816 3551
Website www.n-denkei.co.jp
FullTime employees 1095
Industry Rental & Leasing Services
Sector Industrials
Exchange XTKS
Ticker 9908.XTKS
Market www.jpx.co.jp

NIHON DENKEI 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