Nissei Plastic Industrial Co., Ltd. (6293) AI Stock Analysis

• Market Cap: ¥16.03B
• Dividend Yield: 4.87%
• Average Volume (3M): 30.72K
• Price to Earnings (P/E): 143.6
• Beta (1Y): 0.74
• Revenue Growth: -3.27%
• EPS Growth: -104.42%
• Country: JP
• Employees: 1,353
• Sector: Industrials
• Sector Strength: 88
• Industry: Industrial - Machinery
• EPS (TTM): -2.80
• Shares Outstanding: 22,272,000
• 10 Day Avg. Volume: 24,660
• 30 Day Avg. Volume: 30,716
• PEG Ratio: -0.33
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.26
• 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: 51 Neutral
• Price Target: ―

Nissei Plastic Industrial Co., Ltd. has a challenging financial performance, with declining revenue and negative profitability impacting its score significantly. The technical analysis indicates a bearish trend, further affecting investor sentiment. Valuation concerns are evident due to the negative P/E ratio, although the dividend yield offers some appeal. Overall, the stock's performance is hindered by financial and technical weaknesses, resulting in a lower score.

Nissei Plastic Industrial Co., Ltd. Business Overview & Revenue Model

Company Description

Nissei Plastic Industrial Co.,Ltd. develops, manufactures, and sells injection molding machines, molds, auto-molding systems, and measuring instruments primarily in Japan. The company offers hybrid and electric horizontal injection molding machines; hybrid and electric vertical injection molding machines, and hybrid compact vertical injection molding machines; hybrid and electric 2-color/dissimilar material molding machines; nitrogen gas generators; quality/production control systems; and molding data collecting/recording/analyzing systems. It also exports its products to approximately 80 countries. The company was founded in 1947 and is headquartered in Hanishina, Japan.

How the Company Makes Money

Nissei Plastic Industrial Co., Ltd. generates revenue primarily through the sale of its injection molding machines and related equipment. The company offers a wide array of products that cater to diverse industrial applications, allowing it to capture a broad market segment. In addition to direct sales, Nissei Plastic also provides maintenance services and technical support, which serve as supplementary revenue streams. The company's earnings are further bolstered by strategic partnerships and collaborations with other industrial manufacturers and technology providers, enabling the development and distribution of cutting-edge solutions tailored to market demands. Nissei Plastic's focus on research and development ensures a continuous pipeline of innovative products that meet the evolving needs of its clients, thereby sustaining its competitive edge and financial performance.

Nissei Plastic Industrial Co., Ltd. Financial Statement Overview

Summary

Nissei Plastic Industrial Co., Ltd. faces challenges with declining revenue, negative profitability, and cash flow issues. The income statement shows declining revenue and a negative net income, with a gross profit margin of 30.54% for TTM and a negative net profit margin of -0.11%. The balance sheet reflects a stable equity base with an equity ratio of 44.96%, but rising debt levels pose risks. Cash flow issues are significant, with zero operating and free cash flow for TTM, indicating cash generation problems.

Income Statement

The income statement shows challenges with declining revenue and a negative net income for the TTM period. Gross profit margin stands at 30.54% for TTM, indicating decent cost management, but with a negative net profit margin of -0.11%, profitability is a concern. The EBIT margin for TTM is at 2.03%, pointing to operational struggles. Revenue has decreased by 10.48% from the previous year, indicating a need to boost sales.

Balance Sheet

The balance sheet reflects a stable equity base with an equity ratio of 44.96% for TTM, demonstrating moderate leverage. However, the debt-to-equity ratio has increased to 0.75, indicating rising debt levels which could pose risks. ROE stands at a low -0.13%, highlighting inefficiencies in generating returns on equity.

Cash Flow

Cash flow analysis reveals significant issues, with the TTM period showing zero operating and free cash flow, indicating cash generation problems. Historical free cash flow has been negative, and with no recent improvement, this could impact liquidity and financial flexibility.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
46.74B	47.07B	52.20B	48.73B	41.60B	38.80B
	Gross Profit
14.28B	15.04B	16.20B	14.40B	12.22B	10.24B
	EBIT
947.00M	1.72B	2.68B	2.58B	1.15B	1.10B
	EBITDA
2.59B	3.26B	4.20B	3.87B	2.27B	2.10B
	Net Income Common Stockholders
-53.00M	376.00M	1.83B	2.68B	598.00M	644.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.99B	8.45B	11.30B	10.78B	14.12B	7.94B
	Total Assets
89.33B	86.64B	77.64B	68.85B	64.36B	63.26B
	Total Debt
30.10B	26.44B	15.54B	8.43B	11.97B	9.08B
	Net Debt
21.11B	17.99B	4.24B	-2.35B	-2.16B	1.15B
	Total Liabilities
49.16B	46.36B	37.98B	31.92B	30.51B	29.76B
	Stockholders Equity
40.18B	40.27B	39.66B	36.72B	33.74B	33.33B
Cash Flow		Free Cash Flow
0.00	-12.63B	-5.92B	-528.00M	4.15B	-6.75B
	Operating Cash Flow
0.00	-8.22B	-4.16B	1.62B	4.69B	-5.04B
	Investing Cash Flow
0.00	-4.24B	-1.57B	-777.00M	-540.00M	-1.24B
	Financing Cash Flow
0.00	9.27B	6.13B	-4.24B	1.83B	2.08B

Nissei Plastic Industrial Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 822.00
• 50DMA: Positive
• 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:6293, the sentiment is Negative. The current price of 822 is above the 20-day moving average (MA) of 817.15, above the 50-day MA of 811.82, and below the 200-day MA of 886.43, indicating a neutral trend. The MACD of 1.44 indicates Negative momentum. The RSI at 49.15 is Neutral, neither overbought nor oversold. The STOCH value of 38.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6293.

Nissei Plastic Industrial Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6383	78 Outperform	¥1.41T	18.57	19.46%	1.72%	―	―
6479	75 Outperform	$793.26B	13.27	8.10%	2.55%	8.60%	10.82%
6367	74 Outperform	$4.85T	18.32	9.61%	1.68%	8.12%	1.69%
6273	74 Outperform	$3.36T	21.95	8.08%	1.78%	1.96%	-11.64%
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
6293	51 Neutral	¥16.03B	143.63		4.87%	-3.27%	-104.42%

Nissei Plastic Industrial Co., Ltd. Corporate Events

Nissei Plastic Reports Decrease in Nine-Month Financial Performance

Nissei Plastic Industrial Co., Ltd. reported a decrease in financial performance for the nine months ending December 31, 2024, with net sales decreasing by 1% and operating profit dropping by 49.8% compared to the previous year. Despite these declines, the company maintains a stable equity ratio, indicating resilience in its financial position, although stakeholders may need to consider the implications of reduced profitability.