Cash flow Aisin Corporation

Equities

7259

JP3102000001

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange Other stock markets 01:30:00 2024-12-02 am EST			5-day change	1st Jan Change
1,596.00 ^JPY	+1.14%		-3.18%	-2.94%

Nov. 11	S&P Assesses Aisin's Proposed Subordinated Debt as Having Intermediate Equity Content	MT
Oct. 31	Mitsubishi Electric Mobility Partners with Aisin to Develop Advanced Next-Gen Electric Vehicle Products	MT

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Published financial data: AISIN CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	3,785B	3,526B	3,917B	4,403B	4,910B
Total Revenues	3,785B	3,526B	3,917B	4,403B	4,910B
Cost of Goods Sold, Total	3,400B	3,121B	3,469B	4,001B	4,359B
Gross Profit	384B	405B	448B	401B	551B
Selling General & Admin Expenses, Total	283B	253B	275B	322B	399B
Depreciation & Amortization - (IS)	17.49B	17.88B	17.82B	17.35B	18.81B
Other Operating Expenses	-11.39B	-11.27B	-23.05B	-12.34B	-13.55B
Other Operating Expenses, Total	289B	259B	269B	327B	404B
Operating Income	94.98B	145B	179B	74.56B	147B
Interest Expense, Total	-8.78B	-10.75B	-8.96B	-11.31B	-6.48B
Interest And Investment Income	14.86B	14.22B	15.6B	16.28B	20.47B
Net Interest Expenses	6.08B	3.46B	6.64B	4.97B	13.99B
Income (Loss) On Equity Invest.	9.22B	9.86B	11.26B	7.33B	-8.42B
Currency Exchange Gains (Loss)	-14.57B	8.47B	20.52B	8.06B	909M
Other Non Operating Income (Expenses)	2.77B	7.92B	3.81B	1.76B	2.38B
EBT, Excl. Unusual Items	98.48B	175B	221B	96.68B	155B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-6.3B	-1.44B	1.18B	-2.96B	-1.36B
Asset Writedown	-38.78B	-5.79B	-2.49B	-19.98B	-4.11B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	53.39B	168B	220B	73.74B	150B
Income Tax Expense	23.86B	57.41B	62.97B	25.83B	37.07B
Earnings From Continuing Operations	29.54B	110B	157B	47.91B	113B
Net Income to Company	29.54B	110B	157B	47.91B	113B
Minority Interest	-5.47B	-4.47B	-15.07B	-10.24B	-22B
Net Income - (IS)	24.06B	106B	142B	37.67B	90.81B
Net Income to Common Incl Extra Items	24.06B	106B	142B	37.67B	90.81B
Net Income to Common Excl. Extra Items	24.06B	106B	142B	37.67B	90.81B
Per Share Items
Net EPS - Basic	29.76	130.65	175.55	46.59	112.31
Basic EPS - Continuing Operations	29.76	130.65	175.55	46.59	112.31
Basic Weighted Average Shares Outstanding	808M	809M	809M	809M	809M
Net EPS - Diluted	29.76	130.65	175.55	46.59	112.31
Diluted EPS - Continuing Operations	29.76	130.65	175.55	46.59	112.31
Diluted Weighted Average Shares Outstanding	808M	809M	809M	809M	809M
Normalized Basic EPS	69.36	129.55	152.41	62.07	92.88
Normalized Diluted EPS	69.36	129.55	152.41	62.07	92.88
Dividend Per Share	40	40	56.67	56.67	56.67
Payout Ratio	167.96	20.42	32.28	121.56	53.41
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	351B	399B	438B	352B	421B
EBITA	94.98B	145B	179B	74.56B	147B
EBIT	94.98B	145B	179B	74.56B	147B
Effective Tax Rate - (Ratio)	44.68	34.27	28.63	35.03	24.73
Normalized Net Income	56.07B	105B	123B	50.19B	75.1B
Non-Cash Pension Expense	7.19B	7.5B	7.62B	8B	8.83B
Supplemental Operating Expense Items
Selling and Marketing Expenses	69.48B	53.12B	75.45B	87.26B	141B
Research And Development Expense From Footnotes	206B	190B	194B	219B	226B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	675B	520B	387B	318B	527B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	675B	520B	387B	318B	527B
Accounts Receivable, Total	534B	616B	636B	740B	704B
Total Receivables	534B	616B	636B	740B	704B
Inventory	369B	380B	569B	534B	537B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	169B	129B	141B	137B	130B
Total Current Assets	1,747B	1,645B	1,732B	1,730B	1,898B
Net Property Plant And Equipment	1,521B	1,492B	1,528B	1,506B	1,538B
Long-term Investments	546B	711B	824B	764B	1,069B
Goodwill	743M	768M	1.31B	1.38B	1.43B
Other Intangibles, Total	36B	40.07B	44.43B	54.7B	54.45B
Deferred Tax Assets Long-Term	142B	139B	75.09B	80.32B	81.91B
Other Long-Term Assets, Total	4M	4M	4M	3M	3M
Total Assets	3,993B	4,027B	4,206B	4,136B	4,643B
Liabilities
Accounts Payable, Total	778B	805B	829B	840B	909B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	48.76B	41.49B	47.05B	73.3B	36.67B
Current Portion of Long-Term Debt	54B	62.4B	64.71B	86.58B	63.56B
Current Portion of Leases	17.1B	15.91B	21.54B	18.39B	20.9B
Current Income Taxes Payable	14.84B	36.75B	26.3B	13.41B	46.67B
Other Current Liabilities	88.1B	98.36B	82.87B	84.43B	101B
Total Current Liabilities	1,001B	1,060B	1,071B	1,116B	1,178B
Long-Term Debt	849B	821B	771B	689B	626B
Long-Term Leases	36.43B	35.03B	40.09B	43.38B	47.46B
Pension & Other Post Retirement Benefits	237B	222B	221B	206B	206B
Deferred Tax Liability Non Current	51B	105B	70.55B	49.53B	142B
Other Non Current Liabilities	22.18B	25.16B	35.42B	40.17B	41.58B
Total Liabilities	2,197B	2,268B	2,209B	2,144B	2,241B
Common Stock, Total	45.05B	45.05B	45.05B	45.05B	45.05B
Additional Paid In Capital	67.07B	76.21B	76.28B	74.4B	79.35B
Retained Earnings	1,205B	1,312B	1,421B	1,440B	1,549B
Treasury Stock	-116B	-116B	-116B	-116B	-116B
Comprehensive Income and Other	78.35B	218B	330B	307B	578B
Total Common Equity	1,280B	1,536B	1,757B	1,751B	2,136B
Minority Interest	516B	223B	240B	240B	266B
Total Equity	1,796B	1,759B	1,997B	1,991B	2,402B
Total Liabilities And Equity	3,993B	4,027B	4,206B	4,136B	4,643B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	809M	809M	809M	809M	809M
ECS Total Common Shares Outstanding	809M	809M	809M	809M	809M
Book Value / Share	1.58K	1.9K	2.17K	2.17K	2.64K
Tangible Book Value	1,243B	1,495B	1,711B	1,695B	2,080B
Tangible Book Value Per Share	1.54K	1.85K	2.12K	2.1K	2.57K
Total Debt	1,006B	976B	944B	910B	795B
Net Debt	330B	456B	557B	593B	267B
Debt Equivalent of Unfunded Proj. Benefit Obligation	226B	207B	204B	175B	141B
Minority Interest, Total (Incl. Fin. Div)	516B	223B	240B	240B	266B
Equity Method Investments, Total	113B	120B	132B	138B	132B
Inventories - Raw Materials, Total	113B	110B	186B	180B	173B
Inventories - Work In Process, Total	82.5B	90.21B	120B	149B	151B
Inventories - Finished Goods, Total	174B	180B	263B	206B	212B
Inventories - Others	1M	2M	2M	-	1M
Full Time Employees	120K	118K	117K	117K	115K
Accumulated Allowance for Doubtful Accounts (Supple)	2.1B	1.64B	2.01B	1.23B	1.49B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	53.4B	168B	220B	73.74B	150B
Depreciation & Amortization - CF	256B	253B	259B	277B	274B
Depreciation & Amortization, Total	256B	253B	259B	277B	274B
(Gain) Loss From Sale Of Asset	-	-	-	19.98B	4.09B
Other Operating Activities, Total	-40.98B	-36.18B	-69.94B	-60.22B	-14.43B
Change In Accounts Receivable	72.11B	-62.59B	22.75B	-80.48B	89.62B
Change In Inventories	-37.93B	2.92B	-160B	56.91B	30.14B
Change In Accounts Payable	-30.16B	9.29B	-36.16B	-35.19B	-4.75B
Change in Other Net Operating Assets	55.57B	8.9B	-42.29B	-13.96B	-29.11B
Cash from Operations	328B	343B	193B	238B	500B
Capital Expenditure	-313B	-200B	-218B	-212B	-228B
Sale of Property, Plant, and Equipment	4.71B	12.77B	10.09B	6.56B	10.11B
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	13.08B
Sale (Purchase) of Intangible assets	-12.84B	-15.01B	-16.25B	-26.56B	-16.32B
Investment in Marketable and Equity Securities, Total	33.75B	57.11B	6.9B	30.36B	112B
Other Investing Activities, Total	13.27B	7.27B	12.09B	15.09B	16.34B
Cash from Investing	-274B	-138B	-205B	-187B	-93.15B
Short Term Debt Issued, Total	6.12B	-	1.21B	22.67B	-
Long-Term Debt Issued, Total	382B	109B	10.76B	555M	5.36B
Total Debt Issued	388B	109B	11.97B	23.23B	5.36B
Short Term Debt Repaid, Total	-	-8.76B	-	-	-41.94B
Long-Term Debt Repaid, Total	-42.97B	-131B	-68.53B	-65.25B	-95.29B
Total Debt Repaid	-42.97B	-140B	-68.53B	-65.25B	-137B
Repurchase of Common Stock	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-40.41B	-21.57B	-45.82B	-45.79B	-48.5B
Common & Preferred Stock Dividends Paid	-40.41B	-21.57B	-45.82B	-45.79B	-48.5B
Other Financing Activities, Total	-28.99B	-321B	-33.48B	-39.94B	-31.33B
Cash from Financing	275B	-374B	-136B	-128B	-212B
Foreign Exchange Rate Adjustments	-11.09B	13.61B	14.35B	8.96B	13.21B
Miscellaneous Cash Flow Adjustments	-	1M	-	-1.53B	1.4B
Net Change in Cash	318B	-155B	-133B	-69.21B	209B
Supplemental Items
Cash Interest Paid	8.2B	11.31B	9.39B	11.86B	8.52B
Cash Income Tax Paid (Refund)	50.59B	41.67B	78.69B	69.71B	32.92B
Levered Free Cash Flow	2.24B	128B	-92.02B	11.44B	277B
Unlevered Free Cash Flow	7.72B	134B	-86.42B	18.51B	282B
Change In Net Working Capital	-18.42B	-5.64B	223B	66.41B	-160B
Net Debt Issued / Repaid	345B	-31.57B	-56.56B	-42.02B	-132B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.53	2.26	2.72	1.12	2.09
Return on Total Capital	2.24	3.28	3.94	1.6	3
Return On Equity %	1.61	6.2	8.36	2.4	5.14
Return on Common Equity	1.83	7.5	8.62	2.15	4.67
Margin Analysis
Gross Profit Margin %	10.15	11.47	11.45	9.12	11.22
SG&A Margin	7.48	7.17	7.01	7.31	8.12
EBITDA Margin %	9.26	11.3	11.17	7.99	8.57
EBITA Margin %	2.51	4.11	4.57	1.69	2.98
EBIT Margin %	2.51	4.11	4.57	1.69	2.98
Income From Continuing Operations Margin %	0.78	3.12	4.01	1.09	2.3
Net Income Margin %	0.64	3	3.62	0.86	1.85
Net Avail. For Common Margin %	0.64	3	3.62	0.86	1.85
Normalized Net Income Margin	1.48	2.97	3.15	1.14	1.53
Levered Free Cash Flow Margin	0.06	3.62	-2.35	0.26	5.65
Unlevered Free Cash Flow Margin	0.2	3.81	-2.21	0.42	5.73
Asset Turnover
Asset Turnover	0.98	0.88	0.95	1.06	1.12
Fixed Assets Turnover	2.52	2.34	2.59	2.9	3.23
Receivables Turnover (Average Receivables)	6.56	6.13	6.26	6.4	6.8
Inventory Turnover (Average Inventory)	9.57	8.33	7.31	7.26	8.14
Short Term Liquidity
Current Ratio	1.74	1.55	1.62	1.55	1.61
Quick Ratio	1.21	1.07	0.95	0.95	1.05
Operating Cash Flow to Current Liabilities	0.33	0.32	0.18	0.21	0.42
Days Sales Outstanding (Average Receivables)	55.81	59.51	58.32	57.04	53.83
Days Outstanding Inventory (Average Inventory)	38.25	43.8	49.92	50.31	44.95
Average Days Payable Outstanding	86.96	92.26	81.49	76.78	73.4
Cash Conversion Cycle (Average Days)	7.1	11.05	26.74	30.57	25.39
Long Term Solvency
Total Debt/Equity	56	55.5	47.3	45.72	33.08
Total Debt / Total Capital	35.9	35.69	32.11	31.37	24.86
LT Debt/Equity	49.32	48.69	40.62	36.77	28.04
Long-Term Debt / Total Capital	31.62	31.31	27.58	25.23	21.07
Total Liabilities / Total Assets	55.02	56.33	52.53	51.85	48.27
EBIT / Interest Expense	10.82	13.49	19.99	6.59	22.61
EBITDA / Interest Expense	39.93	37.06	48.86	31.11	64.95
(EBITDA - Capex) / Interest Expense	4.3	18.43	24.55	12.33	29.74
Total Debt / EBITDA	2.87	2.45	2.16	2.59	1.89
Net Debt / EBITDA	0.94	1.14	1.27	1.69	0.64
Total Debt / (EBITDA - Capex)	26.63	4.92	4.29	6.53	4.12
Net Debt / (EBITDA - Capex)	8.75	2.3	2.53	4.25	1.39
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-6.39	-6.84	11.11	12.39	11.51
Gross Profit, 1 Yr. Growth %	-22.83	5.3	10.87	-10.5	37.19
EBITDA, 1 Yr. Growth %	-18.99	13.69	9.83	-19.63	19.63
EBITA, 1 Yr. Growth %	-53.96	52.71	23.45	-58.36	96.5
EBIT, 1 Yr. Growth %	-53.96	52.71	23.45	-58.36	96.5
Earnings From Cont. Operations, 1 Yr. Growth %	-81.44	272.82	42.59	-69.49	135.47
Net Income, 1 Yr. Growth %	-78.15	339.04	34.37	-73.46	141.08
Normalized Net Income, 1 Yr. Growth %	-38.29	86.8	17.65	-59.28	49.64
Diluted EPS Before Extra, 1 Yr. Growth %	-78.15	339.02	34.36	-73.46	141.07
Accounts Receivable, 1 Yr. Growth %	-14.03	15.47	3.18	16.47	-4.96
Inventory, 1 Yr. Growth %	8.12	2.89	49.73	-6.1	0.45
Net Property, Plant and Equip., 1 Yr. Growth %	2.79	-1.89	2.43	-1.49	2.15
Total Assets, 1 Yr. Growth %	6.42	0.86	4.44	-1.66	12.26
Tangible Book Value, 1 Yr. Growth %	-4.81	20.21	14.46	-0.91	22.69
Common Equity, 1 Yr. Growth %	-4.95	19.95	14.39	-0.3	21.96
Cash From Operations, 1 Yr. Growth %	-7.72	4.81	-43.68	23.08	110
Capital Expenditures, 1 Yr. Growth %	-17.05	-35.96	8.72	-2.51	7.46
Levered Free Cash Flow, 1 Yr. Growth %