Billing System Corporation (3623) AI Stock Analysis

• Market Cap: ¥6.80B
• Dividend Yield: 2.13%
• Average Volume (3M): 29.60K
• Price to Earnings (P/E): 16.7
• Beta (1Y): -0.36
• Revenue Growth: 11.52%
• EPS Growth: 35.61%
• Country: JP
• Employees: 102
• Sector: Technology
• Sector Strength: 84
• Industry: Software - Infrastructure
• EPS (TTM): 14.15
• Shares Outstanding: 6,564,400
• 10 Day Avg. Volume: 17,180
• 30 Day Avg. Volume: 29,596
• PEG Ratio: -3.05
• Price to Book (P/B): 2.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: ―

Billing System Corporation shows strong financial performance with impressive income and balance sheet strength. While technical indicators suggest positive momentum, the stock's current price trend indicates some recent weakness. The valuation appears reasonable with a fair P/E ratio and modest dividend yield. These factors collectively position the stock at a solid score, highlighting financial stability yet suggesting caution due to recent price trends.

Billing System Corporation Business Overview & Revenue Model

Company Description

Billing System Corporation (3623) is a leading provider of comprehensive billing and invoicing solutions designed to streamline financial operations for businesses across various sectors. The company specializes in delivering cutting-edge software that automates billing processes, enhances payment collection, and improves overall financial management, catering primarily to enterprises in the telecommunications, utilities, and healthcare industries.

How the Company Makes Money

Billing System Corporation generates revenue primarily through the sale and licensing of its software products, which are tailored to meet the specific needs of different industries. The company offers subscription-based pricing models, where clients pay recurring fees for access to its software solutions, as well as one-time licensing fees for perpetual software licenses. Additionally, the company provides value-added services such as customization, integration, and ongoing technical support, which contribute to its service revenue. Strategic partnerships with technology providers and resellers also play a crucial role in expanding the company's market reach and driving sales growth.

Billing System Corporation Financial Statement Overview

Summary

Billing System Corporation is in a strong financial position with steady revenue and profit growth, solid profitability margins, and a debt-free balance sheet. While cash flows are generally strong, minor fluctuations suggest room for vigilance in cash management. Overall, the company demonstrates stability and effective financial performance in the software infrastructure industry.

Income Statement

Billing System Corporation has demonstrated a strong performance in its income statement with consistently increasing total revenue and net income over the years. The gross profit margin and net profit margin have remained robust, and EBIT and EBITDA margins are healthy. The revenue growth rate has been impressive, indicating a positive trajectory in sales.

Balance Sheet

The company showcases a strong balance sheet with zero total debt, which implies low financial risk. The equity ratio is solid, reflecting a healthy proportion of equity financing. Return on Equity (ROE) is also robust, indicating effective use of shareholder funds to generate profit. The company is in a very stable financial position.

Cash Flow

The cash flow statements reveal a robust operating cash flow, which exceeds net income, indicating good cash conversion. Free cash flow has been positive and growing, suggesting effective capital expenditure management. The free cash flow to net income ratio is strong, reflecting efficient cash management. However, some fluctuations in free cash flow growth rate indicate potential variabilities.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
4.04B	4.22B	3.78B	3.43B	3.14B	2.89B
	Gross Profit
1.47B	1.53B	1.37B	1.21B	1.03B	861.73M
	EBIT
612.19M	626.11M	466.04M	481.67M	345.43M	228.29M
	EBITDA
624.89M	676.45M	518.36M	535.97M	401.53M	213.60M
	Net Income Common Stockholders
409.88M	406.90M	300.06M	323.04M	224.02M	142.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.58B	23.80B	19.58B	13.58B	14.88B	8.79B
	Total Assets
15.16B	25.95B	21.29B	15.16B	16.02B	10.00B
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-13.58B	-23.80B	-19.58B	-13.58B	-14.88B	-8.79B
	Total Liabilities
12.73B	23.00B	18.68B	12.80B	13.93B	7.98B
	Stockholders Equity
2.26B	2.83B	2.50B	2.26B	2.00B	1.94B
Cash Flow		Free Cash Flow
0.00	4.31B	6.00B	-1.14B	6.26B	1.87B
	Operating Cash Flow
0.00	4.36B	6.13B	-1.12B	6.33B	1.90B
	Investing Cash Flow
0.00	-48.31M	-66.15M	-112.51M	-86.03M	-25.09M
	Financing Cash Flow
0.00	-80.69M	-66.76M	-66.83M	-155.66M	-81.25M

Billing System Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1067.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3623, the sentiment is Negative. The current price of 1067 is above the 20-day moving average (MA) of 1057.75, below the 50-day MA of 1106.24, and below the 200-day MA of 1307.44, indicating a neutral trend. The MACD of -14.76 indicates Negative momentum. The RSI at 45.52 is Neutral, neither overbought nor oversold. The STOCH value of 26.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3623.

Billing System Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3623	78 Outperform	¥6.80B	16.73		2.13%	11.52%	35.61%
4689	78 Outperform	¥3.74T	25.38		1.34%	5.67%	39.04%
3923	76 Outperform	¥412.44B	51.53		0.20%	27.33%	91.27%
3769	70 Outperform	$698.51B	34.54	20.05%	1.22%	14.07%	29.02%
4816	67 Neutral	¥686.23B	28.44		1.26%	5.28%	11.13%
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%