Cash flow Sanyo Electric Railway Co.,Ltd.

Equities

9052

JP3341600009

Passenger Transportation, Ground & Sea

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-13 am EDT			5-day change	1st Jan Change
1,991.00 ^JPY	+0.30%		0.00%	-1.87%

May. 15	Sanyo Electric Railway Co.,Ltd. Provides Earnings Guidance for Full Year Fiscal Year Ending March 31, 2026	CI
2024	Sanyo Electric Railway Co.,Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025	CI

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Published financial data: SANYO ELECTRIC RAILWAY CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	51.63B	43.49B	34.15B	38.91B	39.22B
Total Revenues	51.63B	43.49B	34.15B	38.91B	39.22B
Cost of Goods Sold, Total	42.04B	37.8B	27.69B	30.2B	29.62B
Gross Profit	9.6B	5.68B	6.46B	8.72B	9.6B
Selling General & Admin Expenses, Total	4.98B	4.46B	4.54B	4.8B	4.82B
Depreciation & Amortization - (IS)	310M	288M	279M	272M	321M
Other Operating Expenses	162M	155M	143M	150M	132M
Other Operating Expenses, Total	5.45B	4.9B	4.96B	5.22B	5.28B
Operating Income	4.15B	782M	1.5B	3.49B	4.33B
Interest Expense, Total	-257M	-251M	-244M	-246M	-265M
Interest And Investment Income	157M	159M	164M	180M	205M
Net Interest Expenses	-100M	-92M	-80M	-66M	-60M
Income (Loss) On Equity Invest.	-	1M	-	-	1M
Other Non Operating Income (Expenses)	160M	248M	366M	375M	200M
EBT, Excl. Unusual Items	4.21B	939M	1.79B	3.8B	4.47B
Gain (Loss) On Sale Of Investments	-	-10M	3M	-	-
Gain (Loss) On Sale Of Assets	10M	-	6.74B	-	-33M
Asset Writedown	-379M	-627M	-592M	-236M	-7M
Other Unusual Items	365M	527M	564M	210M	1M
EBT, Incl. Unusual Items	4.2B	829M	8.5B	3.78B	4.43B
Income Tax Expense	1.2B	369M	2.54B	1.11B	1.32B
Earnings From Continuing Operations	3B	460M	5.97B	2.66B	3.11B
Net Income to Company	3B	460M	5.97B	2.66B	3.11B
Minority Interest	-124M	-38M	-	-	-
Net Income - (IS)	2.88B	422M	5.97B	2.66B	3.11B
Net Income to Common Incl Extra Items	2.88B	422M	5.97B	2.66B	3.11B
Net Income to Common Excl. Extra Items	2.88B	422M	5.97B	2.66B	3.11B
Per Share Items
Net EPS - Basic	129.56	18.99	268.55	119.9	139.98
Basic EPS - Continuing Operations	129.56	18.99	268.55	119.9	139.98
Basic Weighted Average Shares Outstanding	22.22M	22.22M	22.22M	22.22M	22.22M
Net EPS - Diluted	129.56	18.99	268.55	119.9	139.98
Diluted EPS - Continuing Operations	129.56	18.99	268.55	119.9	139.98
Diluted Weighted Average Shares Outstanding	22.22M	22.22M	22.22M	22.22M	22.22M
Normalized Basic EPS	112.78	24.7	50.27	106.95	125.69
Normalized Diluted EPS	112.78	24.7	50.27	106.95	125.69
Dividend Per Share	30	15	30	30	30
Payout Ratio	23.13	78.91	11.16	25.04	21.45
Supplemental Items
EBITDA	8.01B	4.7B	5.54B	7.7B	8.02B
EBITA	4.15B	782M	1.5B	3.49B	4.33B
EBIT	4.15B	782M	1.5B	3.49B	4.33B
Effective Tax Rate - (Ratio)	28.57	44.51	29.82	29.45	29.78
Normalized Net Income	2.51B	549M	1.12B	2.38B	2.79B
Non-Cash Pension Expense	-52M	-87M	-130M	-94M	-120M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	9.12B	6.04B	6.78B	8.37B	5.78B
Short Term Investments	701M	-	2B	-	-
Total Cash And Short Term Investments	9.82B	6.04B	8.78B	8.37B	5.78B
Accounts Receivable, Total	2.28B	2.8B	3.72B	3.35B	3.36B
Total Receivables	2.28B	2.8B	3.72B	3.35B	3.36B
Inventory	5.72B	6.24B	5.87B	7.1B	5.04B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	927M	1.98B	1.38B	1.79B	1.43B
Total Current Assets	18.74B	17.05B	19.76B	20.6B	15.6B
Net Property Plant And Equipment	70.04B	72.16B	78.74B	79.36B	84.29B
Long-term Investments	8.51B	9.7B	9.48B	10.34B	13.73B
Other Intangibles, Total	408M	450M	613M	646M	694M
Loans Receivable Long-Term	61M	56M	51M	53M	46M
Deferred Tax Assets Long-Term	678M	179M	117M	159M	175M
Other Long-Term Assets, Total	-	2M	1M	2M	1M
Total Assets	98.44B	99.6B	109B	111B	115B
Liabilities
Accounts Payable, Total	5.53B	7.11B	7.22B	4.75B	4.49B
Accrued Expenses, Total	638M	501M	643M	573M	599M
Short-term Borrowings	6.18B	5.95B	5.46B	7.7B	5.65B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Income Taxes Payable	809M	64M	925M	563M	945M
Other Current Liabilities	8.29B	7.84B	8.36B	9.11B	7.73B
Total Current Liabilities	21.45B	21.46B	22.61B	22.7B	19.41B
Long-Term Debt	29.49B	30.5B	32.47B	32.07B	33.54B
Pension & Other Post Retirement Benefits	1.67B	1.52B	1.63B	1.54B	1.33B
Deferred Tax Liability Non Current	1M	141M	1.57B	2.05B	3.01B
Other Non Current Liabilities	4.3B	4.15B	3.5B	3.16B	2.87B
Total Liabilities	56.91B	57.76B	61.78B	61.52B	60.16B
Common Stock, Total	10.09B	10.09B	10.09B	10.09B	10.09B
Additional Paid In Capital	6.85B	7.04B	7.04B	7.06B	7.06B
Retained Earnings	22.48B	22.57B	27.81B	29.81B	32.26B
Treasury Stock	-173M	-175M	-177M	-198M	-201M
Comprehensive Income and Other	1.16B	2.32B	2.21B	2.88B	5.18B
Total Common Equity	40.41B	41.84B	46.97B	49.64B	54.38B
Minority Interest	1.11B	-	-	-	-
Total Equity	41.52B	41.84B	46.97B	49.64B	54.38B
Total Liabilities And Equity	98.44B	99.6B	109B	111B	115B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	22.22M	22.22M	22.22M	22.22M	22.22M
ECS Total Common Shares Outstanding	22.22M	22.22M	22.22M	22.22M	22.22M
Book Value / Share	1.82K	1.88K	2.11K	2.23K	2.45K
Tangible Book Value	40B	41.39B	46.36B	49B	53.68B
Tangible Book Value Per Share	1.8K	1.86K	2.09K	2.21K	2.42K
Total Debt	35.68B	36.44B	37.94B	39.77B	39.19B
Net Debt	25.86B	30.41B	29.15B	31.4B	33.41B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-691M	-1.07B	-983M	-1.22B	-1.85B
Minority Interest, Total (Incl. Fin. Div)	1.11B	-	-	-	-
Inventories - Finished Goods, Total	5.72B	6.24B	5.87B	7.1B	5.04B
Full Time Employees	1.99K	2K	2.01K	1.96K	1.96K
Accumulated Allowance for Doubtful Accounts (Supple)	3M	2M	10M	14M	2M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	4.2B	830M	8.5B	3.78B	4.43B
Depreciation & Amortization - CF	3.86B	3.92B	4.04B	4.21B	3.69B
Depreciation & Amortization, Total	3.86B	3.92B	4.04B	4.21B	3.69B
(Gain) Loss From Sale Of Asset	238M	346M	-6.63B	96M	131M
(Gain) Loss on Sale of Investments - (CF)	-	33M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-1M	-	-	-1M
Other Operating Activities, Total	-1.55B	-1.32B	487M	-1.49B	-1.15B
Change In Accounts Receivable	9M	-261M	-349M	-180M	-30M
Change In Inventories	302M	-627M	226M	-1.19B	2.05B
Change In Accounts Payable	618M	-286M	-649M	-104M	325M
Change in Other Net Operating Assets	434M	-612M	510M	39M	-932M
Cash from Operations	8.11B	2.02B	6.14B	5.16B	8.51B
Capital Expenditure	-6.64B	-5.47B	-11.71B	-7.36B	-9.61B
Sale of Property, Plant, and Equipment	17M	-	6.98B	-	1M
Investment in Marketable and Equity Securities, Total	-10M	747M	-47M	-2M	-593M
Other Investing Activities, Total	129M	270M	605M	649M	91M
Cash from Investing	-6.5B	-4.45B	-4.17B	-6.72B	-10.11B
Short Term Debt Issued, Total	-	575M	-	2B	-
Long-Term Debt Issued, Total	5.6B	5.25B	7.04B	4.9B	6.82B
Total Debt Issued	5.6B	5.82B	7.04B	6.9B	6.82B
Short Term Debt Repaid, Total	-57M	-	-500M	-	-2.1B
Long-Term Debt Repaid, Total	-5.22B	-5.06B	-5.05B	-5.06B	-5.3B
Total Debt Repaid	-5.28B	-5.06B	-5.55B	-5.06B	-7.4B
Common & Preferred Stock Dividends Paid	-666M	-333M	-666M	-667M	-667M
Common & Preferred Stock Dividends Paid	-666M	-333M	-666M	-667M	-667M
Other Financing Activities, Total	-46M	-1.03B	-36M	-27M	-31M
Cash from Financing	-391M	-597M	791M	1.14B	-1.28B
Miscellaneous Cash Flow Adjustments	-2M	-	-	1M	-
Net Change in Cash	1.22B	-3.03B	2.76B	-415M	-2.88B
Supplemental Items
Cash Interest Paid	257M	252M	243M	247M	260M
Cash Income Tax Paid (Refund)	1.55B	1.5B	-237M	1.49B	1.16B
Levered Free Cash Flow	-1.78B	-3.07B	-5.21B	-4.53B	-2.21B
Unlevered Free Cash Flow	-1.61B	-2.91B	-5.05B	-4.38B	-2.05B
Change In Net Working Capital	1.43B	1.84B	-1.68B	3.41B	-1.17B
Net Debt Issued / Repaid	321M	767M	1.49B	1.84B	-582M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.64	0.49	0.9	1.99	2.4
Return on Total Capital	3.39	0.63	1.15	2.5	2.96
Return On Equity %	7.35	1.1	13.44	5.51	5.98
Return on Common Equity	7.23	1.03	13.44	5.51	5.98
Margin Analysis
Gross Profit Margin %	18.58	13.07	18.93	22.4	24.48
SG&A Margin	9.64	10.26	13.3	12.34	12.29
EBITDA Margin %	15.51	10.8	16.23	19.8	20.44
EBITA Margin %	8.03	1.8	4.4	8.98	11.03
EBIT Margin %	8.03	1.8	4.4	8.98	11.03
Income From Continuing Operations Margin %	5.82	1.06	17.47	6.85	7.93
Net Income Margin %	5.58	0.97	17.47	6.85	7.93
Net Avail. For Common Margin %	5.58	0.97	17.47	6.85	7.93
Normalized Net Income Margin	4.85	1.26	3.27	6.11	7.12
Levered Free Cash Flow Margin	-3.44	-7.05	-15.25	-11.65	-5.64
Unlevered Free Cash Flow Margin	-3.13	-6.69	-14.8	-11.26	-5.22
Asset Turnover
Asset Turnover	0.53	0.44	0.33	0.35	0.35
Fixed Assets Turnover	0.74	0.61	0.45	0.49	0.48
Receivables Turnover (Average Receivables)	22.47	17.12	10.48	11	11.69
Inventory Turnover (Average Inventory)	7.5	6.32	4.57	4.66	4.88
Short Term Liquidity
Current Ratio	0.87	0.79	0.87	0.91	0.8
Quick Ratio	0.56	0.41	0.55	0.52	0.47
Operating Cash Flow to Current Liabilities	0.38	0.09	0.27	0.23	0.44
Days Sales Outstanding (Average Receivables)	16.29	21.33	34.84	33.19	31.3
Days Outstanding Inventory (Average Inventory)	48.81	57.73	79.82	78.35	74.98
Average Days Payable Outstanding	52.58	60.2	95.74	69.52	61.34
Cash Conversion Cycle (Average Days)	12.52	18.86	18.93	42.01	44.94
Long Term Solvency
Total Debt/Equity	85.92	87.1	80.76	80.11	72.07
Total Debt / Total Capital	46.21	46.55	44.68	44.48	41.88
LT Debt/Equity	71.03	72.89	69.13	64.6	61.67
Long-Term Debt / Total Capital	38.2	38.96	38.24	35.87	35.84
Total Liabilities / Total Assets	57.82	57.99	56.81	55.34	52.52
EBIT / Interest Expense	16.14	3.12	6.15	14.2	16.33
EBITDA / Interest Expense	31.16	18.72	22.71	31.32	30.25
(EBITDA - Capex) / Interest Expense	5.34	-3.08	-25.28	1.39	-6.02
Total Debt / EBITDA	4.46	7.76	6.85	5.16	4.89
Net Debt / EBITDA	3.23	6.47	5.26	4.08	4.17
Total Debt / (EBITDA - Capex)	25.98	-47.14	-6.15	116.63	-24.58
Net Debt / (EBITDA - Capex)	18.83	-39.34	-4.73	92.09	-20.96
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.31	-15.77	-21.47	13.94	0.79
Gross Profit, 1 Yr. Growth %	2.91	-40.76	13.7	34.82	10.18
EBITDA, 1 Yr. Growth %	3.18	-41.33	17.96	39.01	4.04
EBITA, 1 Yr. Growth %	12.5	-81.15	91.94	132.71	23.88
EBIT, 1 Yr. Growth %	12.5	-81.15	91.94	132.71	23.88
Earnings From Cont. Operations, 1 Yr. Growth %	24.66	-84.68	1.2K	-55.35	16.74
Net Income, 1 Yr. Growth %	26	-85.34	1.31K	-55.35	16.74
Normalized Net Income, 1 Yr. Growth %	13.44	-78.1	103.48	112.76	17.52
Diluted EPS Before Extra, 1 Yr. Growth %	26	-85.34	1.31K	-55.35	16.74
Accounts Receivable, 1 Yr. Growth %	-1.08	22.41	33.11	-9.94	0.09
Inventory, 1 Yr. Growth %	3.98	9.2	-5.99	20.93	-28.99
Net Property, Plant and Equip., 1 Yr. Growth %	-0.45	3.04	9.11	0.79	6.21
Total Assets, 1 Yr. Growth %	0.43	1.19	9.19	2.22	3.03
Tangible Book Value, 1 Yr. Growth %	2.76	3.47	12	5.69	9.56
Common Equity, 1 Yr. Growth %	3	3.54	12.26	5.69	9.53
Cash From Operations, 1 Yr. Growth %	32.62	-75.1	204.06	-16.02	64.93
Capital Expenditures, 1 Yr. Growth %	-24.63	-17.54	114.06	-37.13	30.5
Levered Free Cash Flow, 1 Yr. Growth %	-29.49	72.73	69.8	-12.92	-51.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-31.46	80.2	73.72	-13.34	-53.27
Dividend Per Share, 1 Yr. Growth %	9.09	-50	100	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.51	-8.08	-18.67	-5.41	7.16
Gross Profit, 2 Yr. CAGR %	3.31	-21.92	-17.93	23.81	21.88
EBITDA, 2 Yr. CAGR %	3.64	-22.2	-16.81	28.06	20.26
EBITA, 2 Yr. CAGR %	10.98	-53.95	-39.85	111.35	69.79
EBIT, 2 Yr. CAGR %	10.98	-53.95	-39.85	111.35	69.79
Earnings From Cont. Operations, 2 Yr. CAGR %	12.59	-56.3	40.96	140.65	-27.81
Net Income, 2 Yr. CAGR %	11.42	-57.03	43.97	151.25	-27.81
Normalized Net Income, 2 Yr. CAGR %	9.5	-50.15	-33.24	108.07	58.12
Diluted EPS Before Extra, 2 Yr. CAGR %	11.43	-57.02	43.97	151.26	-27.8
Accounts Receivable, 2 Yr. CAGR %	-13.17	10.04	27.64	9.49	-5.06
Inventory, 2 Yr. CAGR %	5.36	6.56	1.32	6.62	-7.33
Net Property, Plant and Equip., 2 Yr. CAGR %	2.07	1.28	6.03	4.87	3.47
Total Assets, 2 Yr. CAGR %	0.54	0.81	5.11	5.64	2.62
Tangible Book Value, 2 Yr. CAGR %	3	3.12	7.65	8.8	7.61
Common Equity, 2 Yr. CAGR %	3.01	3.27	7.81	8.93	7.6
Cash From Operations, 2 Yr. CAGR %	26.36	-42.54	-13	59.8	17.69
Capital Expenditures, 2 Yr. CAGR %	-5	-21.17	32.85	16.01	-9.42
Levered Free Cash Flow, 2 Yr. CAGR %	-35.09	10.36	71.26	21.6	-34.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.84	11.13	76.93	22.7	-36.36
Dividend Per Share, 2 Yr. CAGR %	9.54	-26.15	0	41.42	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.51	-2.74	-12.78	-9	-3.39
Gross Profit, 3 Yr. CAGR %	2.09	-14.17	-11.5	-3.16	19.09
EBITDA, 3 Yr. CAGR %	2.69	-14.27	-10.62	-1.28	19.49
EBITA, 3 Yr. CAGR %	6.82	-38.54	-25.89	-5.57	76.87
EBIT, 3 Yr. CAGR %	6.82	-38.54	-25.89	-5.57	76.87
Earnings From Cont. Operations, 3 Yr. CAGR %	11.61	-42.09	35.3	-3.91	89.09
Net Income, 3 Yr. CAGR %	10.83	-43.33	37.71	-2.55	94.6
Normalized Net Income, 3 Yr. CAGR %	6.91	-35.96	-20.34	-1.76	71.99
Diluted EPS Before Extra, 3 Yr. CAGR %	10.84	-43.33	37.71	-2.55	94.61
Accounts Receivable, 3 Yr. CAGR %	2.58	-2.64	17.24	13.64	6.26
Inventory, 3 Yr. CAGR %	10.18	6.63	2.2	7.47	-6.89
Net Property, Plant and Equip., 3 Yr. CAGR %	1.74	2.39	3.82	4.26	5.31
Total Assets, 3 Yr. CAGR %	1.22	0.76	3.53	4.14	4.76
Tangible Book Value, 3 Yr. CAGR %	4.06	3.16	6	7	9.05
Common Equity, 3 Yr. CAGR %	3.98	3.19	6.18	7.1	9.13
Cash From Operations, 3 Yr. CAGR %	7.05	-26.47	0.13	-14.02	61.49
Capital Expenditures, 3 Yr. CAGR %	9.07	-9.38	9.98	3.53	20.65
Levered Free Cash Flow, 3 Yr. CAGR %	-5.58	-10.05	27.41	36.69	-10.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	-11.09	-10.42	28.98	39.47	-11.06
Dividend Per Share, 3 Yr. CAGR %	6.27	-15.66	2.94	0	25.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.43	-2.06	-6.56	-3.82	-5.29
Gross Profit, 5 Yr. CAGR %	1.52	-9.21	-6.44	-0.62	0.59
EBITDA, 5 Yr. CAGR %	2.78	-8.61	-5.61	0.66	0.65
EBITA, 5 Yr. CAGR %	4.1	-26.42	-15.1	0.73	3.25
EBIT, 5 Yr. CAGR %	4.1	-26.42	-15.1	0.73	3.25
Earnings From Cont. Operations, 5 Yr. CAGR %	8.43	-24.75	22.54	2.38	5.24
Net Income, 5 Yr. CAGR %	8.35	-25.58	23.05	2.81	6.36
Normalized Net Income, 5 Yr. CAGR %	5.06	-24.22	-11.44	2.6	4.8
Diluted EPS Before Extra, 5 Yr. CAGR %	8.36	-25.58	23.06	2.82	6.36
Accounts Receivable, 5 Yr. CAGR %	-2.46	4.52	11.95	2.04	7.76
Inventory, 5 Yr. CAGR %	5.87	10.57	6.54	6.62	-1.72
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.26	-2.99	3.43	3.37	3.68
Total Assets, 5 Yr. CAGR %	-2.61	-1.71	2.76	2.68	3.16
Tangible Book Value, 5 Yr. CAGR %	3.83	4.46	5.48	5.38	6.64
Common Equity, 5 Yr. CAGR %	3.72	4.39	5.49	5.44	6.75
Cash From Operations, 5 Yr. CAGR %	0.65	-22.24	-1.47	0.3	6.82
Capital Expenditures, 5 Yr. CAGR %	-9.88	-13.43	18.02	0.03	1.77
Levered Free Cash Flow, 5 Yr. CAGR %	-21.05	-16.67	19.81	1.48	-2.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.84	-17.06	17.08	1.59	-2.77
Dividend Per Share, 5 Yr. CAGR %	3.71	-9.71	3.71	3.71	1.76