CMIC HOLDINGS Co., Ltd.

TSE:2309 Stock Report

Market Cap: JP¥44.7b

CMIC HOLDINGS Past Earnings Performance

Past criteria checks 1/6

CMIC HOLDINGS has been growing earnings at an average annual rate of 39.5%, while the Life Sciences industry saw earnings growing at 31.7% annually. Revenues have been growing at an average rate of 10.3% per year. CMIC HOLDINGS's return on equity is 15.2%, and it has net margins of 5.7%.

Key information

39.5%

Earnings growth rate

40.8%

EPS growth rate

Life Sciences Industry Growth32.0%
Revenue growth rate10.3%
Return on equity15.2%
Net Margin5.7%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How CMIC HOLDINGS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:2309 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2393,1115,32713,8670
30 Sep 23104,7017,15214,4340
30 Jun 23115,91010,09114,9770
31 Mar 23116,57511,42915,1600
31 Dec 22113,5098,23014,9800
30 Sep 22108,4618,38714,4120
30 Jun 22105,0096,01213,9140
31 Mar 2298,9124,30413,4310
31 Dec 2191,5323,56912,9460
30 Sep 2185,7882,02312,8060
30 Jun 2178,5081,07512,3260
31 Mar 2175,7851,24812,0160
31 Dec 2075,1831,58511,9080
30 Sep 2076,0981,50512,0410
30 Jun 2076,2542,28612,1170
31 Mar 2076,6981,76512,3980
31 Dec 1976,7741,76712,1030
30 Sep 1974,3731,82211,7060
30 Jun 1973,1002,16711,3760
31 Mar 1972,8622,53411,0320
31 Dec 1870,6311,47910,7680
30 Sep 1869,8691,48710,5700
30 Jun 1868,9281,75410,3750
31 Mar 1867,1791,50610,3660
31 Dec 1766,5301,89410,4310
30 Sep 1765,2821,55010,3400
30 Jun 1763,7811,03710,0820
31 Mar 1763,0155829,9380
31 Dec 1662,7958749,7510
30 Sep 1662,0398789,7330
30 Jun 1661,3327499,8660
31 Mar 1660,16017410,0190
31 Dec 1557,474-5699,7870
30 Sep 1555,904-5429,6760
30 Jun 1554,839-4689,2900
31 Mar 1553,8415428,7240
31 Dec 1452,8011,0348,5040
30 Sep 1452,8361,1748,1200
30 Jun 1451,9041,5677,9920
31 Mar 1451,2311,1658,0390
31 Dec 1351,1761,4508,0070
30 Sep 1350,9341,7537,9850
30 Jun 1350,8891,7247,9360

Quality Earnings: 2309 has a large one-off gain of ¥1.9B impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: 2309's current net profit margins (5.7%) are lower than last year (7.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2309's earnings have grown significantly by 39.5% per year over the past 5 years.

Accelerating Growth: 2309's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2309 had negative earnings growth (-35.3%) over the past year, making it difficult to compare to the Life Sciences industry average (-20.2%).

Return on Equity

High ROE: 2309's Return on Equity (15.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/01 14:30
End of Day Share Price 2024/04/01 00:00
Earnings2023/12/31
Annual Earnings2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CMIC HOLDINGS Co., Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ritsuo WatanabeBofA Global Research
Akitada IwasaDaiwa Securities Co. Ltd.
Masao YoshidaIchiyoshi Research Institute Inc.