SHIBAURA MACHINE Reports Record Third Quarter Earnings for Fiscal Year 2023.
March 8, 2023
Earnings Overview
On February 3 2023, SHIBAURA MACHINE ($TSE:6104) released its financial results for the third quarter of its fiscal year 2023, which ended on December 31 2022. Total revenue for the period grew by 79.4% compared to the same quarter in the prior year, reaching JPY 698.0 million. Net income likewise rose by 20.9%, amounting to JPY 29614.0 million.
Price History
At the opening of the stock market, the share price of SHIBAURA MACHINE opened at JP¥2760.0 and closed at JP¥2781.0. The firm attributed the positive results to higher sales of precision machines, including machine tools and semiconductor manufacturing equipment. It also noted that the higher sales were partially due to the company’s efforts to increase its market share.
Overall, SHIBAURA MACHINE had a successful third quarter, with record earnings and an increase in its stock price. Investors are optimistic that the firm will continue to grow its market share in the coming quarters and deliver strong returns for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Shibaura Machine. More…
| Total Revenues | Net Income | Net Margin |
| 118.15k | 4.09k | 3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Shibaura Machine. More…
| Operations | Investing | Financing |
| 2.5k | -1.26k | -2.11k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Shibaura Machine. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 191.42k | 106.72k | 3.56k |
Key Ratios Snapshot
Some of the financial key ratios for Shibaura Machine are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.4% | 2.3% | 3.5% |
| FCF Margin | ROE | ROA |
| 0.3% | 3.0% | 1.3% |
Analysis
At GoodWhale, we recently conducted an analysis of the financial and business well-being of SHIBAURA MACHINE. Based on our Risk Rating system, SHIBAURA MACHINE is classified as a medium risk investment. In order to provide clients with a comprehensive assessment of SHIBAURA MACHINE, we detected two risk warnings from the income sheet and balance sheet. If you are interested in learning more about our findings, we invite you to sign up for a free account with us and get access to our detailed report. More…
Peers
Its competitors include Falcon Machine Tools Co Ltd, Miven Machine Tools Ltd, and Hamai Co Ltd, all of which offer a variety of machines and other related equipment.
– Falcon Machine Tools Co Ltd ($TPEX:4513)
Falcon Machine Tools Co Ltd is a Taiwan-based manufacturer of metalworking machinery, tools, and accessories. Founded in 1981, the company is one of the leading suppliers of CNC machine tools and has grown to become a globally recognized brand. As of 2023, the company has a market cap of 1.55B, which reflects its strong position in the metalworking industry. Additionally, the return on equity of 6.48% indicates that the company is efficiently utilizing its capital to generate profits.
– Miven Machine Tools Ltd ($BSE:522036)
Miven Machine Tools Ltd is an Indian industrial manufacturing company that specializes in the production of a wide variety of machine tools. The company has a market capitalization of 36.01M as of 2023, indicating that the company is relatively small compared to larger industry competitors. Additionally, Miven Machine Tools Ltd has achieved a Return on Equity of 5.23%, demonstrating the company’s ability to effectively utilize investor capital.
– Hamai Co Ltd ($TSE:6131)
Hamai Co Ltd is a Japanese engineering and construction services company, providing services for the general public, government, and private companies. Its market cap as of 2023 is 3.79B, demonstrating its strong financial standing and growth potential. The company’s Return on Equity of 16.21% is higher than the average for the industry, indicating its ability to generate profits relative to the amount of equity held. This is an impressive feat and showcases Hamai Co Ltd’s financial strength and management prowess.
Summary
SHIBAURA MACHINE has reported strong 3rd quarter results for fiscal year 2023, ending December 31 2022. Total revenue for the quarter was JPY 698.0 million, representing a 79.4% year over year increase. Net income rose 20.9% to JPY 29614.0 million.
This suggests SHIBAURA MACHINE is continuing to benefit from a steady demand for its products and services, and may be a promising investment opportunity for investors. Analysts are advised to keep an eye on SHIBAURA MACHINE’s financial performance in the coming quarters to assess the potential of the company as an investment.
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