Cash flow Hitachi, Ltd.

Equities

6501

JP3788600009

Market Closed - Japan Exchange Other stock markets 01:30:00 2025-01-17 am EST			5-day change	1st Jan Change
3,697.00 ^JPY	+0.24%		-2.97%	-6.10%

Jan. 13	Hitachi to Cancel 56.2 Million Shares	MT
Jan. 10	Hitachi, Ltd. Announces Executive Changes	CI

99a170967.6B6ztiEokQt5div4byJqBXjBLmiVh6AtfMTwADRIDGg.mUf8xkRg53ojFGmQWhIOZwr5Ggr84-tPLo2TYwIFbT2eT_7ZRBHJWhxBQA

Published financial data: HITACHI, LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	8,767B	8,729B	10,265B	10,881B	9,729B
Finance Div. Revenues	-	-	-	-	-
Total Revenues	8,767B	8,729B	10,265B	10,881B	9,729B
Cost of Goods Sold, Total	6,397B	6,534B	7,706B	8,192B	7,147B
Gross Profit	2,370B	2,195B	2,559B	2,689B	2,582B
Selling General & Admin Expenses, Total	1,708B	1,700B	1,820B	1,941B	1,826B
Other Operating Expenses	-	-	-	-194B	-51.52B
Other Operating Expenses, Total	1,708B	1,700B	1,820B	1,747B	1,775B
Operating Income	662B	495B	738B	942B	807B
Interest Expense, Total	-23.98B	-22.78B	-27.11B	-51.31B	-70.92B
Interest And Investment Income	20.64B	16.93B	15.49B	33.53B	48.66B
Net Interest Expenses	-3.35B	-5.84B	-11.62B	-17.78B	-22.27B
Income (Loss) On Equity Invest.	43.64B	38.86B	40.48B	52.85B	75.28B
Currency Exchange Gains (Loss)	-	-	-	-11.91B	7.07B
Other Non Operating Income (Expenses)	-176B	-27.17B	5.19B	-8.51B	-9.57B
EBT, Excl. Unusual Items	526B	501B	772B	957B	858B
Restructuring Charges	-	55.26B	102B	-9.32B	-19.44B
Gain (Loss) On Sale Of Investments	-	279B	-	-	-
Gain (Loss) On Sale Of Assets	29.92B	118B	-	2.28B	17.06B
Asset Writedown	-	-109B	-35.09B	-130B	-29.67B
Legal Settlements	-	-	-	-	-
Other Unusual Items	-376B	-	-	-	-
EBT, Incl. Unusual Items	180B	844B	839B	820B	826B
Income Tax Expense	51.25B	325B	168B	116B	199B
Earnings From Continuing Operations	129B	519B	671B	704B	627B
Earnings Of Discontinued Operations	-1.78B	-686M	-	-	-
Net Income to Company	127B	519B	671B	704B	627B
Minority Interest	-39.65B	-16.9B	-87.39B	-54.75B	-36.85B
Net Income - (IS)	87.6B	502B	583B	649B	590B
Net Income to Common Incl Extra Items	87.6B	502B	583B	649B	590B
Net Income to Common Excl. Extra Items	89.37B	502B	583B	649B	590B
Per Share Items
Net EPS - Basic	18.14	103.86	120.75	136.91	126.91
Basic EPS - Continuing Operations	18.51	104	120.75	136.91	126.91
Basic Weighted Average Shares Outstanding	4.83B	4.83B	4.83B	4.74B	4.65B
Net EPS - Diluted	18.14	103.86	120.75	136.78	126.75
Diluted EPS - Continuing Operations	18.51	104	120.75	136.78	126.75
Diluted Weighted Average Shares Outstanding	4.83B	4.83B	4.83B	4.75B	4.65B
Normalized Basic EPS	59.92	61.34	81.81	114.59	107.42
Normalized Diluted EPS	59.92	61.34	81.81	114.48	107.29
Dividend Per Share	19	21	25	29	36
Payout Ratio	104.68	19.26	19.05	19.87	24.47
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	1,095B	987B	1,278B	1,469B	1,259B
EBITA	662B	495B	738B	942B	807B
EBIT	662B	495B	738B	942B	807B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	28.43	38.52	20.07	14.16	24.1
Total Current Taxes	175B	220B	159B	-	-
Total Deferred Taxes	-124B	105B	9.48B	-	-
Normalized Net Income	289B	296B	395B	543B	499B
Non-Cash Pension Expense	-	-	-	86.42B	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	294B	294B	317B	316B	290B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	812B	1,016B	969B	833B	705B
Short Term Investments	280B	328B	376B	347B	331B
Total Cash And Short Term Investments	1,092B	1,344B	1,345B	1,180B	1,037B
Accounts Receivable, Total	2,260B	2,734B	2,978B	2,875B	2,991B
Other Receivables	-	-	-	-	-
Notes Receivable	-	-	-	-	-
Total Receivables	2,260B	2,734B	2,978B	2,875B	2,991B
Inventory	1,409B	1,653B	2,042B	1,646B	1,511B
Finance Division Loans and Leases Current	-	-	-	-	-
Other Current Assets, Total	456B	211B	234B	227B	316B
Total Current Assets	5,218B	5,943B	6,599B	5,929B	5,855B
Gross Property Plant And Equipment	-	-	7,466B	-	-
Accumulated Depreciation	-	-	-4,987B	-	-
Net Property Plant And Equipment	2,165B	2,409B	2,479B	1,700B	1,222B
Long-term Investments	921B	1,006B	996B	1,191B	1,309B
Goodwill	636B	1,161B	2,154B	2,165B	2,372B
Other Intangibles, Total	480B	965B	1,257B	1,245B	1,179B
Finance Division Loans and Leases Long-Term	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	272B	285B
Other Long-Term Assets, Total	511B	368B	402B	-	-
Total Assets	9,930B	11,853B	13,888B	12,501B	12,221B
Liabilities
Accounts Payable, Total	1,271B	1,516B	1,755B	1,548B	1,400B
Accrued Expenses, Total	604B	699B	738B	721B	697B
Short-term Borrowings	183B	417B	1,234B	778B	37.83B
Current Portion of Long-Term Debt	231B	274B	336B	142B	187B
Current Portion of Leases	-	-	-	-	-
Unearned Revenue Current, Total	615B	934B	1,070B	-	-
Other Current Liabilities	828B	758B	721B	1,977B	2,480B
Total Current Liabilities	3,733B	4,597B	5,854B	5,166B	4,803B
Long-Term Debt	1,071B	1,706B	1,556B	1,294B	955B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	514B	434B	415B	323B	246B
Deferred Tax Liability Non Current	-	-	-	155B	112B
Other Non Current Liabilities	345B	657B	707B	227B	246B
Total Liabilities	5,663B	7,395B	8,532B	7,166B	6,362B
Common Stock, Total	460B	461B	462B	463B	463B
Additional Paid In Capital	465B	84.04B	46.12B	-	-
Retained Earnings	2,296B	2,711B	3,198B	3,637B	4,085B
Treasury Stock	-3.81B	-3.49B	-3B	-3.54B	-4.99B
Comprehensive Income and Other	-57.07B	274B	639B	846B	1,161B
Total Common Equity	3,160B	3,526B	4,342B	4,943B	5,704B
Minority Interest	1,107B	933B	1,013B	393B	156B
Total Equity	4,267B	4,458B	5,355B	5,336B	5,860B
Total Liabilities And Equity	9,930B	11,853B	13,888B	12,501B	12,221B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.83B	4.83B	4.84B	4.69B	4.63B
ECS Total Common Shares Outstanding	4.83B	4.83B	4.84B	4.69B	4.63B
Book Value / Share	654.09	729.29	897.78	1.05K	1.23K
Tangible Book Value	2,044B	1,399B	931B	1,533B	2,153B
Tangible Book Value Per Share	423.14	289.5	192.51	326.98	464.76
Total Debt	1,485B	2,397B	3,127B	2,213B	1,180B
Net Debt	393B	1,053B	1,782B	1,033B	143B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	254B	154B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	1,107B	933B	1,013B	393B	156B
Equity Method Investments, Total	480B	472B	411B	479B	816B
Account Code - Inventory Valuation	6	6	6	-	-
Inventories - Raw Materials, Total	-	-	-	584B	474B
Inventories - Work In Process, Total	-	-	-	593B	597B
Inventories - Finished Goods, Total	-	-	-	470B	439B
Land - (BS)	-	-	256B	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	-	-	-	-	-
Full Time Employees	301K	351K	368K	323K	269K
Accumulated Allowance for Doubtful Accounts (Supple)	39.65B	62.69B	80.94B	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	87.6B	502B	583B	704B	627B
Depreciation & Amortization - CF	433B	492B	540B	526B	452B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	433B	492B	540B	526B	452B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-30.37B	-16.98B	-21.07B	127B	11.81B
Asset Writedown & Restructuring Costs	117B	-343B	-67.04B	-	-
(Income) Loss On Equity Investments - (CF)	-43.64B	-38.86B	-40.48B	-52.85B	-75.28B
Other Operating Activities, Total	-85.26B	174B	13.86B	-150B	-134B
Change In Accounts Receivable	186B	89.72B	-33.29B	-60.67B	40.21B
Change In Inventories	-143B	-47.94B	-330B	-244B	-88.32B
Change In Accounts Payable	-115B	-31.81B	156B	80.79B	61.34B
Change in Other Net Operating Assets	154B	14.78B	-72.04B	-103B	62.21B
Cash from Operations	561B	793B	730B	827B	957B
Capital Expenditure	-323B	-255B	-297B	-253B	-233B
Sale of Property, Plant, and Equipment	82.54B	83.48B	110B	55.58B	45.05B
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-98.38B	-118B	-143B	-158B	-152B
Investment in Marketable and Equity Securities, Total	-180B	-179B	-764B	510B	195B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-7.54B	9.25B	45.47B	-4.18B	13.48B
Cash from Investing	-526B	-459B	-1,049B	151B	-132B
Short Term Debt Issued, Total	80.85B	200B	653B	-	-
Long-Term Debt Issued, Total	335B	523B	44.8B	80.06B	105B
Total Debt Issued	416B	723B	698B	80.06B	105B
Short Term Debt Repaid, Total	-	-	-	-278B	-550B
Long-Term Debt Repaid, Total	-279B	-230B	-306B	-289B	-302B
Total Debt Repaid	-279B	-230B	-306B	-566B	-852B
Issuance of Common Stock	139M	583M	451M	164M	62M
Repurchase of Common Stock	-166M	-159M	-251M	-200B	-100B
Common Dividends Paid	-91.7B	-96.61B	-111B	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-129B	-144B
Common & Preferred Stock Dividends Paid	-91.7B	-96.61B	-111B	-129B	-144B
Other Financing Activities, Total	-41.76B	-581B	-78.41B	-327B	-33.62B
Cash from Financing	2.84B	-185B	203B	-1,143B	-1,025B
Foreign Exchange Rate Adjustments	-33.19B	54.1B	69.12B	29.31B	71.92B
Net Change in Cash	4.74B	204B	-47.06B	-136B	-128B
Supplemental Items
Cash Interest Paid	24.88B	22.37B	26.7B	49.77B	69.16B
Cash Income Tax Paid (Refund)	189B	189B	248B	171B	155B
Levered Free Cash Flow	239B	527B	267B	1,142B	788B
Unlevered Free Cash Flow	254B	542B	284B	1,174B	832B
Change In Net Working Capital	172B	-113B	277B	-469B	-261B
Net Debt Issued / Repaid	136B	493B	392B	-486B	-747B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.23	2.84	3.58	4.46	4.08
Return on Total Capital	7.41	4.91	6.02	7.35	6.92
Return On Equity %	2.97	11.9	13.67	13.17	11.2
Return on Common Equity	2.78	15.03	14.83	13.98	11.08
Margin Analysis
Gross Profit Margin %	27.04	25.15	24.93	24.71	26.54
SG&A Margin	19.49	19.48	17.73	17.84	18.77
EBITDA Margin %	12.49	11.3	12.46	13.5	12.94
EBITA Margin %	7.55	5.67	7.19	8.66	8.3
EBIT Margin %	7.55	5.67	7.19	8.66	8.3
Income From Continuing Operations Margin %	1.47	5.95	6.54	6.47	6.44
Net Income Margin %	1	5.75	5.68	5.97	6.06
Net Avail. For Common Margin %	1.02	5.75	5.68	5.97	6.06
Normalized Net Income Margin	3.3	3.39	3.85	4.99	5.13
Levered Free Cash Flow Margin	2.72	6.04	2.61	10.49	8.1
Unlevered Free Cash Flow Margin	2.89	6.2	2.77	10.79	8.55
Asset Turnover
Asset Turnover	0.9	0.8	0.8	0.82	0.79
Fixed Assets Turnover	4.25	3.82	4.2	5.21	6.66
Receivables Turnover (Average Receivables)	3.76	3.5	3.59	3.72	3.32
Inventory Turnover (Average Inventory)	4.63	4.27	4.17	4.44	4.53
Short Term Liquidity
Current Ratio	1.4	1.29	1.13	1.15	1.22
Quick Ratio	0.9	0.89	0.74	0.78	0.84
Operating Cash Flow to Current Liabilities	0.15	0.17	0.12	0.16	0.2
Days Sales Outstanding (Average Receivables)	97.27	104.42	101.57	98.17	110.35
Days Outstanding Inventory (Average Inventory)	79.12	85.53	87.53	82.17	80.84
Average Days Payable Outstanding	75.95	75.03	73.73	77.33	76.95
Cash Conversion Cycle (Average Days)	100.44	114.93	115.36	103.02	114.23
Long Term Solvency
Total Debt/Equity	34.8	53.77	58.39	41.48	20.14
Total Debt / Total Capital	25.82	34.97	36.86	29.32	16.76
LT Debt/Equity	25.09	38.27	29.06	24.25	16.29
Long-Term Debt / Total Capital	18.61	24.89	18.35	17.14	13.56
Total Liabilities / Total Assets	57.03	62.39	61.44	57.32	52.05
EBIT / Interest Expense	27.6	21.74	27.23	18.36	11.38
EBITDA / Interest Expense	45.66	43.32	47.16	28.62	17.75
(EBITDA - Capex) / Interest Expense