Shin Nippon Air Technologies Co., Ltd. (1952) AI Stock Analysis

• Market Cap: ¥154.22B
• Dividend Yield: 2.78%
• Average Volume (3M): 90.27K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.09
• Revenue Growth: 8.83%
• EPS Growth: 49.49%
• Country: JP
• Employees: 1,649
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 52.99
• Shares Outstanding: 48,564,450
• 10 Day Avg. Volume: 93,610
• 30 Day Avg. Volume: 90,270
• PEG Ratio: 0.23
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 5.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥3,293.00 ▲(1.64% Upside)

Shin Nippon Air Technologies Co., Ltd. achieves a solid overall stock score due to its strong financial performance, characterized by consistent revenue growth and robust profitability. The valuation is attractive with a reasonable P/E ratio and a solid dividend yield. However, technical indicators suggest a short-term bearish trend, which slightly offsets the positive financial and valuation aspects.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for the company's HVAC solutions, supporting long-term market expansion and competitive positioning.

Cash Generation

Strong cash generation enhances financial flexibility, enabling strategic investments and shareholder returns, reinforcing the company's growth potential.

Balance Sheet Health

Low leverage and strong equity backing provide financial stability, reducing risk and supporting sustainable growth and investment capacity.

Negative Factors

Margin Pressure

While margins are currently strong, any increase in input costs or competitive pricing pressure could impact profitability, challenging long-term margin sustainability.

Industry Competition

Intense competition in the HVAC sector may pressure pricing and market share, potentially impacting revenue growth and profitability over time.

Market Dependence

Heavy reliance on specific sectors could expose the company to cyclical downturns, affecting revenue stability and growth prospects in adverse market conditions.

Shin Nippon Air Technologies Co., Ltd. Business Overview & Revenue Model

Company Description

Shin Nippon Air Technologies Co., Ltd. (1952) is a leading Japanese company specializing in air conditioning and ventilation systems. The company operates primarily in the HVAC (Heating, Ventilation, and Air Conditioning) sector, providing advanced air technology solutions for both residential and commercial markets. Its core products include energy-efficient air conditioning units, ventilation systems, and air quality management solutions, aimed at enhancing indoor environments across various industries.

How the Company Makes Money

Shin Nippon Air Technologies generates revenue through multiple streams, primarily from the sale and installation of HVAC systems and components. The company benefits from recurring income via maintenance contracts and service agreements with clients, ensuring ongoing support and upgrades for their systems. Additionally, partnerships with construction firms and real estate developers allow for integrated solutions in new building projects, further expanding their market reach. The company's focus on energy-efficient technologies positions it well in an increasingly eco-conscious market, potentially attracting government incentives and grants that can supplement its earnings.

Shin Nippon Air Technologies Co., Ltd. Financial Statement Overview

Summary

Shin Nippon Air Technologies Co., Ltd. displays a strong financial position with consistent revenue growth, robust profitability margins, and effective cash flow management. The company maintains low leverage, contributing to financial stability and sustainable growth potential in the Engineering & Construction industry.

Income Statement

Shin Nippon Air Technologies Co., Ltd. demonstrates strong revenue growth with a 7.58% increase in the latest year. The gross profit margin stands at 15.61%, reflecting efficient cost management. Net profit margin improved to 7.02%, indicating enhanced profitability. EBIT and EBITDA margins are also robust at 8.24% and 10.60%, respectively, showcasing operational efficiency.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.06, indicating prudent leverage use. With an equity ratio of 58.65%, Shin Nippon shows strong asset backing by equity. ROE is 13.93%, reflecting effective use of shareholders' funds. The company exhibits solid financial stability with low risk from debt.

Cash Flow

Free cash flow has significantly improved, showcasing a strong growth trajectory. The operating cash flow to net income ratio is impressive at 1.47, suggesting strong cash generation relative to profits. Free cash flow to net income ratio of 1.45 further highlights efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	143.41B	137.68B	127.98B	112.23B	106.72B	107.25B
Gross Profit	23.07B	21.49B	18.70B	15.68B	14.55B	13.92B
EBITDA	15.21B	14.60B	10.73B	8.36B	8.38B	6.97B
Net Income	10.54B	9.66B	7.17B	5.60B	5.40B	4.64B
Balance Sheet
Total Assets	100.22B	118.17B	117.35B	109.15B	99.97B	98.63B
Cash, Cash Equivalents and Short-Term Investments	18.18B	20.57B	13.63B	25.00B	15.57B	12.17B
Total Debt	329.00M	3.86B	9.96B	3.73B	4.21B	6.94B
Total Liabilities	31.25B	48.87B	51.76B	50.94B	46.16B	47.93B
Stockholders Equity	68.97B	69.29B	65.59B	58.21B	53.81B	50.70B
Cash Flow
Free Cash Flow	0.00	14.03B	-14.72B	12.11B	6.81B	1.68B
Operating Cash Flow	0.00	14.24B	-13.56B	12.82B	7.00B	1.92B
Investing Cash Flow	0.00	2.05B	-783.00M	-1.17B	414.00M	309.00M
Financing Cash Flow	0.00	-10.18B	2.52B	-2.27B	-4.41B	-2.50B

Shin Nippon Air Technologies Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3240.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1952, the sentiment is Positive. The current price of 3240 is above the 20-day moving average (MA) of 3134.00, above the 50-day MA of 3058.24, and above the 200-day MA of 2545.29, indicating a bullish trend. The MACD of 42.58 indicates Negative momentum. The RSI at 56.16 is Neutral, neither overbought nor oversold. The STOCH value of 69.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1952.

Shin Nippon Air Technologies Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1965	78 Outperform	¥129.52B	13.20	―	1.55%	20.44%	106.45%
1982	77 Outperform	¥104.80B	16.51	―	2.15%	4.81%	-1.16%
1946	77 Outperform	¥180.88B	11.53	―	3.08%	3.75%	87.00%
1952	73 Outperform	¥154.22B	12.36	―	2.78%	8.83%	49.49%
1945	73 Outperform	¥57.95B	16.27	―	2.98%	-7.98%	37.92%
1934	68 Neutral	¥189.41B	15.91	―	2.92%	6.66%	46.38%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Shin Nippon Air Technologies Co., Ltd. Corporate Events

Shin Nippon Air Technologies Reports Strong Half-Year Financial Results

Shin Nippon Air Technologies Co., Ltd. reported strong financial results for the six months ended September 30, 2025, with significant year-on-year growth in net sales, operating profit, ordinary profit, and profit attributable to owners of the parent. The company’s comprehensive income also saw a substantial increase, reflecting its robust operational performance. The announcement indicates a positive outlook for the company, with stable financial positioning and a commitment to maintaining dividend payments, which could enhance shareholder value.

Shin Nippon Air Technologies Completes Treasury Stock Disposal

Shin Nippon Air Technologies Co., Ltd. has completed the payment procedures for the disposal of treasury stock as a restricted stock incentive for its employee shareholders association, initially resolved in June 2025. The number of shares and total disposal price were adjusted due to partial forfeiture, reflecting the finalization of participating members, which may impact the company’s employee engagement and financial strategies.