Kansai Electric Power Intrinsic Value Calculator – KANSAI ELECTRIC POWER Reports Third Quarter FY2023 Earnings Results on December 31, 2022
March 19, 2023
Earnings Overview
KANSAI ELECTRIC POWER ($TSE:9503) reported total revenue of JPY -48.0 billion for the third quarter of FY2023 ending on December 31, 2022, representing a decline of 145.1% from the same period in the prior year. Net income also increased 43.1% year-over-year to JPY 988.9 billion.
Share Price
On Friday, KANSAI ELECTRIC POWER stock opened at JP¥1217.0 and closed at JP¥1222.0, up by 0.6% from last closing price of 1215.0. This impressive performance is even more impressive given the current market conditions in Japan and the steep decline of the Japanese electricity sector in the last few months. This was mainly due to increased sales from transmission and distribution services, as well as improved pricing power in the retail electricity business.
Overall, KANSAI ELECTRIC POWER’s quarterly performance was impressive, and it is likely to continue to thrive in the long term despite the current market conditions in Japan. Investors will be eagerly awaiting the company’s next earnings report later in FY2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kansai Electric Power. More…
| Total Revenues | Net Income | Net Margin |
| 3.68M | -112.18k | -3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kansai Electric Power. More…
| Operations | Investing | Financing |
| 31.42k | -532.63k | 318.77k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kansai Electric Power. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.89M | 7.2M | 1.84k |
Key Ratios Snapshot
Some of the financial key ratios for Kansai Electric Power are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | -21.4% | -3.6% |
| FCF Margin | ROE | ROA |
| 0.9% | -5.1% | -0.9% |
Analysis – Kansai Electric Power Intrinsic Value Calculator
At GoodWhale, we conducted an analysis on KANSAI ELECTRIC POWER’s welfare. Through our proprietary Valuation Line, we found that the intrinsic value of the KANSAI ELECTRIC POWER share is around JP¥1329.1. However, now the KANSAI ELECTRIC POWER stock is traded at JP¥1222.0, which is a fair price that is undervalued by 8.1%. More…
Peers
The company is one of four major Japanese electric power companies, alongside Tohoku Electric Power Co Inc, Chugoku Electric Power Co Inc, and The Okinawa Electric Power Co Inc. Collectively, these four companies serve over 40 million customers and provide power to nearly all of Japan.
– Tohoku Electric Power Co Inc ($TSE:9506)
Tohoku Electric Power Co Inc is a Japanese electric utility company that provides power generation, transmission, and distribution services to its customers in the Tohoku region of Japan. With a market cap of 335.36B as of 2023, it is one of the largest electric utility companies in the world. Its Return on Equity (ROE) is -23.28%, indicating that the company is not making a profit from its investments. This suggests that the company may be struggling to maintain its operations and its financial performance. However, the company is still well-positioned to capitalize on potential growth opportunities in the future.
– Chugoku Electric Power Co Inc ($TSE:9504)
Chugoku Electric Power Co Inc is a Japanese power company headquartered in Hiroshima, Japan. It is the third largest electric utility in Japan and is engaged in the generation, transmission, and distribution of electricity. As of 2023, the company has a market cap of 246.78B. This market cap indicates that Chugoku Electric Power Co Inc is a large and well-established company. In addition, the company has a Return on Equity (ROE) of -14.2%, which is a measure of how well the company has used its equity to generate profits. This suggests that Chugoku Electric Power Co Inc is not a very profitable company, however, its large size and established presence in the industry indicate that it is a stable investment.
– The Okinawa Electric Power Co Inc ($TSE:9511)
Okinawa Electric Power Co Inc is a Japanese electric utility company that provides electricity to Okinawa Prefecture and other nearby islands. The company has a market capitalization of 57.41 billion dollars as of 2023, making it one of the largest electric utilities in Japan. Additionally, Okinawa Electric Power Co Inc has a return on equity of -10.24%, indicating that the company is not doing well financially. Despite this, the company continues to provide reliable energy services to its customers in the region.
Summary
KANSAI ELECTRIC POWER reported their earnings results for the third quarter of FY2023, which showed a decrease in revenue of 145.1%, compared to the same period the previous year. Net income, however, increased by 43.1%. Investing in KANSAI ELECTRIC POWER can be a risky endeavor due to the large swing in revenue and income. Analysts should closely monitor the company’s financial performance over the coming quarters to better understand its future prospects.
Additionally, investors should consider current market conditions when making a decision to invest in KANSAI ELECTRIC POWER.
