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Shinden Hightex TSE:3131 Stock Report

Last Price

JP¥3.15k

Market Cap

JP¥6.3b

7D

0.3%

1Y

14.5%

Updated

24 Apr, 2024

Data

Company Financials

Shinden Hightex Corporation

TSE:3131 Stock Report

Market Cap: JP¥6.3b

3131 Stock Overview

Shinden Hightex Corporation sells various electronic components primarily in Japan.

3131 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Shinden Hightex Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shinden Hightex
Historical stock prices
Current Share PriceJP¥3,150.00
52 Week HighJP¥3,575.00
52 Week LowJP¥2,080.00
Beta0.93
1 Month Change-5.41%
3 Month Change3.62%
1 Year Change14.46%
3 Year Change62.54%
5 Year Change150.80%
Change since IPO66.89%

Recent News & Updates

Recent updates

Does Shinden Hightex Corporation (TYO:3131) Have A Place In Your Dividend Portfolio?

Apr 22
Does Shinden Hightex Corporation (TYO:3131) Have A Place In Your Dividend Portfolio?

Returns On Capital At Shinden Hightex (TYO:3131) Have Stalled

Mar 27
Returns On Capital At Shinden Hightex (TYO:3131) Have Stalled

Shinden Hightex (TYO:3131) Has A Rock Solid Balance Sheet

Feb 16
Shinden Hightex (TYO:3131) Has A Rock Solid Balance Sheet

Is Shinden Hightex Corporation (TYO:3131) A Strong Dividend Stock?

Jan 21
Is Shinden Hightex Corporation (TYO:3131) A Strong Dividend Stock?

Is Shinden Hightex (TYO:3131) Set To Make A Turnaround?

Dec 26
Is Shinden Hightex (TYO:3131) Set To Make A Turnaround?

Does Shinden Hightex (TYO:3131) Have A Healthy Balance Sheet?

Nov 18
Does Shinden Hightex (TYO:3131) Have A Healthy Balance Sheet?

Shareholder Returns

3131JP ElectronicJP Market
7D0.3%-1.6%-1.0%
1Y14.5%8.3%27.9%

Return vs Industry: 3131 exceeded the JP Electronic industry which returned 8.3% over the past year.

Return vs Market: 3131 underperformed the JP Market which returned 27.9% over the past year.

Price Volatility

Is 3131's price volatile compared to industry and market?
3131 volatility
3131 Average Weekly Movement6.3%
Electronic Industry Average Movement4.2%
Market Average Movement4.1%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 3131 has not had significant price volatility in the past 3 months.

Volatility Over Time: 3131's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
199594Atsushi Suzukiwww.shinden.co.jp

Shinden Hightex Corporation sells various electronic components primarily in Japan. The company manufactures ICs and liquid crystal displays; electronic component printed circuit board packaging, BGA/CSP re-work/re-ball, and outsourcing; flash storage and DRAM modules; graphics cards; and hardware and software products comprising cellular communication modules and the global navigation satellite system products. It also provides CF cards and SSD products; e-mail security software; directional speakers; defense against pirate, bird deterrent devices, industrial warning surveillance, tunnel safety, and pedestrian safety products; Gateways, modules for LoRa, LTE-M1, and private LTE; cellular communication and V2X modules for automotive industries; server and data centers; and Li-ion batteries.

Shinden Hightex Corporation Fundamentals Summary

How do Shinden Hightex's earnings and revenue compare to its market cap?
3131 fundamental statistics
Market capJP¥6.25b
Earnings (TTM)JP¥412.00m
Revenue (TTM)JP¥40.32b

15.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3131 income statement (TTM)
RevenueJP¥40.32b
Cost of RevenueJP¥36.44b
Gross ProfitJP¥3.87b
Other ExpensesJP¥3.46b
EarningsJP¥412.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 10, 2024

Earnings per share (EPS)207.50
Gross Margin9.60%
Net Profit Margin1.02%
Debt/Equity Ratio108.2%

How did 3131 perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

64%

Payout Ratio
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