Cash flow SAMCO Inc.

Equities

6387

JP3322950001

Semiconductor Equipment & Testing

Delayed Japan Exchange Other stock markets 10:30:00 2024-09-09 pm EDT			5-day change	1st Jan Change
3,475.00 ^JPY	0.00%		-8.67%	-17.06%

Jun. 12	Samco's Nine-Month Profit Edges Higher as Net Sales Improve	MT
Mar. 14	Samco's Fiscal H1 Profit Improves on Higher Net Sales; Shares Down 5%	MT

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Published financial data: SAMCO INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: July	2019	2020	2021	2022	2023
Revenues	4.94B	5.87B	5.75B	6.4B	7.83B
Total Revenues	4.94B	5.87B	5.75B	6.4B	7.83B
Cost of Goods Sold, Total	2.67B	3.01B	2.82B	3.21B	3.96B
Gross Profit	2.27B	2.86B	2.93B	3.19B	3.87B
Selling General & Admin Expenses, Total	1.64B	1.63B	1.56B	1.44B	1.61B
Provision for Bad Debts	-	-	-	-	20M
R&D Expenses	170M	205M	264M	255M	242M
Depreciation & Amortization - (IS)	41M	37M	38M	35M	28M
Other Operating Expenses	89M	84M	83M	91M	106M
Other Operating Expenses, Total	1.94B	1.96B	1.94B	1.82B	2.01B
Operating Income	328M	902M	989M	1.37B	1.86B
Interest Expense, Total	-3M	-3M	-3M	-3M	-4M
Interest And Investment Income	10M	7M	4M	4M	23M
Net Interest Expenses	7M	4M	1M	1M	19M
Currency Exchange Gains (Loss)	-41M	-8M	30M	87M	30M
Other Non Operating Income (Expenses)	10M	28M	23M	21M	19M
EBT, Excl. Unusual Items	304M	926M	1.04B	1.48B	1.93B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-17M	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	304M	909M	1.04B	1.48B	1.93B
Income Tax Expense	89M	275M	288M	428M	561M
Earnings From Continuing Operations	215M	634M	755M	1.05B	1.37B
Net Income to Company	215M	634M	755M	1.05B	1.37B
Net Income - (IS)	215M	634M	755M	1.05B	1.37B
Net Income to Common Incl Extra Items	215M	634M	755M	1.05B	1.37B
Net Income to Common Excl. Extra Items	215M	634M	755M	1.05B	1.37B
Per Share Items
Net EPS - Basic	26.76	78.92	94	130.98	170.07
Basic EPS - Continuing Operations	26.76	78.92	94	130.98	170.07
Basic Weighted Average Shares Outstanding	8.03M	8.03M	8.03M	8.03M	8.03M
Net EPS - Diluted	26.76	78.92	94	130.98	170.07
Diluted EPS - Continuing Operations	26.76	78.92	94	130.98	170.07
Diluted Weighted Average Shares Outstanding	8.03M	8.03M	8.03M	8.03M	8.03M
Normalized Basic EPS	23.65	72.05	81.16	115.16	149.95
Normalized Diluted EPS	23.65	72.05	81.16	115.16	149.95
Payout Ratio	74.42	25.24	26.49	22.81	20.57
Supplemental Items
EBITDA	420M	1.01B	1.08B	1.45B	1.92B
EBITA	328M	902M	989M	1.37B	1.86B
EBIT	328M	902M	989M	1.37B	1.86B
EBITDAR	514M	1.1B	1.18B	1.52B	1.99B
Effective Tax Rate - (Ratio)	29.28	30.25	27.61	28.92	29.11
Normalized Net Income	190M	579M	652M	925M	1.2B
Non-Cash Pension Expense	44M	40M	38M	43M	51M
Supplemental Operating Expense Items
General and Administrative Expenses	114M	121M	117M	116M	120M
Research And Development Expense From Footnotes	170M	205M	264M	255M	242M
Net Rental Expense, Total	94M	96M	97M	77M	78M
Imputed Operating Lease Interest Expense	3.09M	3.19M	3.27M	2.32M	2.89M
Imputed Operating Lease Depreciation	90.91M	92.81M	93.73M	74.68M	75.11M

Fiscal Period: July	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	4.81B	5.32B	4.83B	5.83B	5.3B
Total Cash And Short Term Investments	4.81B	5.32B	4.83B	5.83B	5.3B
Accounts Receivable, Total	1.33B	1.61B	1.91B	606M	1.62B
Other Receivables	-	-	-	-	-
Total Receivables	1.33B	1.61B	1.91B	606M	1.62B
Inventory	1.1B	628M	850M	1.58B	2.17B
Prepaid Expenses	10M	11M	15M	12M	9M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	41M	79M	113M	811M	1.07B
Total Current Assets	7.28B	7.65B	7.71B	8.84B	10.18B
Net Property Plant And Equipment	3.04B	3B	3.65B	3.82B	3.86B
Long-term Investments	286M	450M	574M	578M	610M
Other Intangibles, Total	15M	12M	8M	4M	4M
Loans Receivable Long-Term	32M	29M	23M	19M	12M
Deferred Tax Assets Long-Term	130M	130M	100M	121M	129M
Other Long-Term Assets, Total	2M	2M	2M	2M	2M
Total Assets	10.78B	11.27B	12.07B	13.38B	14.8B
Liabilities
Accounts Payable, Total	494M	246M	646M	780M	862M
Accrued Expenses, Total	59M	85M	90M	91M	98M
Short-term Borrowings	700M	700M	700M	700M	700M
Current Portion of Long-Term Debt	-	-	-	39M	39M
Current Portion of Leases	10M	8M	6M	2M	-
Current Income Taxes Payable	125M	420M	301M	368M	537M
Other Current Liabilities	290M	192M	78M	334M	440M
Total Current Liabilities	1.68B	1.65B	1.82B	2.31B	2.68B
Long-Term Debt	-	-	-	143M	103M
Long-Term Leases	17M	9M	2M	-	-
Pension & Other Post Retirement Benefits	805M	824M	835M	863M	870M
Other Non Current Liabilities	4M	3M	1M	3M	3M
Total Liabilities	2.5B	2.49B	2.66B	3.32B	3.65B
Common Stock, Total	1.66B	1.66B	1.66B	1.66B	1.66B
Additional Paid In Capital	2.08B	2.08B	2.08B	2.08B	2.08B
Retained Earnings	4.49B	4.96B	5.52B	6.18B	7.26B
Treasury Stock	-10M	-11M	-12M	-12M	-13M
Comprehensive Income and Other	61M	94M	163M	148M	151M
Total Common Equity	8.28B	8.79B	9.41B	10.06B	11.14B
Total Equity	8.28B	8.79B	9.41B	10.06B	11.14B
Total Liabilities And Equity	10.78B	11.27B	12.07B	13.38B	14.8B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.03M	8.03M	8.03M	8.03M	8.03M
ECS Total Common Shares Outstanding	8.03M	8.03M	8.03M	8.03M	8.03M
Book Value / Share	1.03K	1.09K	1.17K	1.25K	1.39K
Tangible Book Value	8.26B	8.78B	9.4B	10.05B	11.14B
Tangible Book Value Per Share	1.03K	1.09K	1.17K	1.25K	1.39K
Total Debt	727M	717M	708M	884M	842M
Net Debt	-4.08B	-4.6B	-4.12B	-4.94B	-4.46B
Debt Equivalent of Unfunded Proj. Benefit Obligation	428M	437M	460M	479M	476M
Debt Equivalent Oper. Leases	752M	768M	776M	616M	624M
Equity Method Investments, Total	25M	25M	25M	25M	25M
Inventories - Raw Materials, Total	182M	186M	171M	308M	428M
Inventories - Work In Process, Total	912M	442M	679M	1.27B	1.74B
Inventories - Finished Goods, Total	-	-	-	7M	-
Inventories - Others	1M	-	-	2M	1M
Full Time Employees	170	171	178	173	175
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	20M
Order Backlog	2.08B	1.53B	2.6B	5.03B	5.42B

Fiscal Period: July	2019	2020	2021	2022	2023
Net Income	305M	910M	1.04B	1.48B	1.93B
Depreciation & Amortization - CF	92M	105M	94M	75M	57M
Depreciation & Amortization, Total	92M	105M	94M	75M	57M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-203M	-39M	-387M	-298M	-422M
Change In Accounts Receivable	862M	-279M	-299M	-619M	-1.04B
Change In Inventories	-239M	466M	-222M	-525M	-667M
Change In Accounts Payable	-54M	-246M	400M	133M	81M
Change in Other Net Operating Assets	94M	-49M	-137M	934M	-127M
Cash from Operations	857M	868M	493M	1.18B	-189M
Capital Expenditure	-69M	-43M	-780M	-234M	-18M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-355M	201M	-19M	-14M	-45M
Net (Increase) Decrease in Loans Originated / Sold - Investing	25M	-14M	5M	53M	13M
Other Investing Activities, Total	3M	-111M	-21M	-19M	-25M
Cash from Investing	-396M	33M	-815M	-214M	-75M
Long-Term Debt Issued, Total	-	-	-	183M	-
Total Debt Issued	-	-	-	183M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-39M
Total Debt Repaid	-	-	-	-	-39M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-1M
Common & Preferred Stock Dividends Paid	-160M	-160M	-200M	-240M	-281M
Common & Preferred Stock Dividends Paid	-160M	-160M	-200M	-240M	-281M
Other Financing Activities, Total	-11M	-11M	-10M	-7M	-4M
Cash from Financing	-171M	-171M	-210M	-64M	-325M
Foreign Exchange Rate Adjustments	-22M	-6M	21M	51M	45M
Miscellaneous Cash Flow Adjustments	-1M	-1M	-	-	-1M
Net Change in Cash	267M	723M	-511M	954M	-545M
Supplemental Items
Cash Interest Paid	3M	3M	3M	3M	4M
Cash Income Tax Paid (Refund)	202M	40M	387M	299M	422M
Levered Free Cash Flow	763M	748M	-458M	1.03B	-298M
Unlevered Free Cash Flow	765M	750M	-456M	1.03B	-295M
Change In Net Working Capital	-537M	-124M	388M	-332M	1.5B
Net Debt Issued / Repaid	-	-	-	183M	-39M

Fiscal Period: July	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.89	5.11	5.3	6.73	8.25
Return on Total Capital	2.28	6.09	6.3	8.14	10.14
Return On Equity %	2.6	7.43	8.3	10.81	12.89
Return on Common Equity	2.6	7.43	8.3	10.81	12.89
Margin Analysis
Gross Profit Margin %	45.99	48.68	51.01	49.82	49.41
SG&A Margin	33.27	27.76	27.1	22.45	20.61
EBITDA Margin %	8.51	17.16	18.85	22.59	24.47
EBITA Margin %	6.64	15.37	17.21	21.42	23.74
EBIT Margin %	6.64	15.37	17.21	21.42	23.74
Income From Continuing Operations Margin %	4.36	10.8	13.14	16.43	17.45
Net Income Margin %	4.36	10.8	13.14	16.43	17.45
Net Avail. For Common Margin %	4.36	10.8	13.14	16.43	17.45
Normalized Net Income Margin	3.85	9.86	11.34	14.45	15.38
Levered Free Cash Flow Margin	15.46	12.74	-7.97	16.06	-3.8
Unlevered Free Cash Flow Margin	15.5	12.77	-7.93	16.09	-3.77
Asset Turnover
Asset Turnover	0.46	0.53	0.49	0.5	0.56
Fixed Assets Turnover	1.62	1.94	1.73	1.72	2.04
Receivables Turnover (Average Receivables)	2.8	3.99	3.26	5.09	7.02
Inventory Turnover (Average Inventory)	2.75	3.5	3.81	2.64	2.11
Short Term Liquidity
Current Ratio	4.34	4.63	4.24	3.82	3.8
Quick Ratio	3.66	4.2	3.7	2.78	2.59
Operating Cash Flow to Current Liabilities	0.51	0.53	0.27	0.51	-0.07
Days Sales Outstanding (Average Receivables)	130.29	91.7	111.8	71.73	51.98
Days Outstanding Inventory (Average Inventory)	132.6	104.68	95.82	138.35	173.01
Average Days Payable Outstanding	65.15	53.21	53.6	65.93	65.92
Cash Conversion Cycle (Average Days)	197.74	143.18	154.02	144.15	159.07
Long Term Solvency
Total Debt/Equity	8.78	8.16	7.52	8.79	7.56
Total Debt / Total Capital	8.07	7.54	7	8.08	7.03
LT Debt/Equity	0.21	0.1	0.02	1.42	0.92
Long-Term Debt / Total Capital	0.19	0.09	0.02	1.31	0.86
Total Liabilities / Total Assets	23.22	22.06	22.03	24.84	24.68
EBIT / Interest Expense	109.33	300.67	329.67	457	464.75
EBITDA / Interest Expense	140	335.67	361	482	479
(EBITDA - Capex) / Interest Expense	117	321.33	101	404	474.5
Total Debt / EBITDA	1.73	0.71	0.65	0.61	0.44
Net Debt / EBITDA	-9.71	-4.57	-3.8	-3.42	-2.33
Total Debt / (EBITDA - Capex)	2.07	0.74	2.34	0.73	0.44
Net Debt / (EBITDA - Capex)	-11.62	-4.78	-13.59	-4.08	-2.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-9.7	18.9	-2.1	11.4	22.32
Gross Profit, 1 Yr. Growth %	-12.52	25.86	2.59	8.8	21.32
EBITDA, 1 Yr. Growth %	-44.44	139.76	7.55	33.52	32.5
EBITA, 1 Yr. Growth %