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Shinden Hightex TSE:3131 Stock Report

Last Price

JP¥2.50k

Market Cap

JP¥5.0b

7D

-2.1%

1Y

9.2%

Updated

23 Aug, 2024

Data

Company Financials

Shinden Hightex Corporation

TSE:3131 Stock Report

Market Cap: JP¥5.0b

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¥2,497.00
52 Week HighJP¥3,575.00
52 Week LowJP¥2,083.00
Beta0.89
11 Month Change-18.27%
3 Month Change-12.14%
1 Year Change9.23%
33 Year Change26.62%
5 Year Change107.39%
Change since IPO32.29%

Recent News & Updates

Shinden Hightex Corporation (TSE:3131) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

Aug 05
Shinden Hightex Corporation (TSE:3131) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

There's Been No Shortage Of Growth Recently For Shinden Hightex's (TSE:3131) Returns On Capital

Aug 03
There's Been No Shortage Of Growth Recently For Shinden Hightex's (TSE:3131) Returns On Capital

Recent updates

Shinden Hightex Corporation (TSE:3131) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

Aug 05
Shinden Hightex Corporation (TSE:3131) May Have Run Too Fast Too Soon With Recent 38% Price Plummet

There's Been No Shortage Of Growth Recently For Shinden Hightex's (TSE:3131) Returns On Capital

Aug 03
There's Been No Shortage Of Growth Recently For Shinden Hightex's (TSE:3131) Returns On Capital

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
7D-2.1%2.7%0.5%
1Y9.2%14.0%16.4%

Return vs Industry: 3131 underperformed the JP Electronic industry which returned 11.4% over the past year.

Return vs Market: 3131 underperformed the JP Market which returned 14.9% over the past year.

Price Volatility

Is 3131's price volatile compared to industry and market?
3131 volatility
3131 Average Weekly Movement8.7%
Electronic Industry Average Movement6.9%
Market Average Movement6.3%
10% most volatile stocks in JP Market10.0%
10% least volatile stocks in JP Market3.4%

Stable Share Price: 3131's share price has been volatile over the past 3 months.

Volatility Over Time: 3131's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
199592Atsushi 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¥4.96b
Earnings (TTM)JP¥704.00m
Revenue (TTM)JP¥42.03b

7.0x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3131 income statement (TTM)
RevenueJP¥42.03b
Cost of RevenueJP¥38.21b
Gross ProfitJP¥3.82b
Other ExpensesJP¥3.12b
EarningsJP¥704.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 11, 2024

Earnings per share (EPS)354.56
Gross Margin9.09%
Net Profit Margin1.68%
Debt/Equity Ratio132.3%

How did 3131 perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

17%

Payout Ratio