Thine Electronics, Inc. (6769) AI Stock Analysis

• Market Cap: ¥8.57B
• Dividend Yield: 1.9%
• Average Volume (3M): 19.17K
• Price to Earnings (P/E): 1214.6
• Beta (1Y): 1.67
• Revenue Growth: -7.54%
• EPS Growth: N/A
• Country: JP
• Employees: 130
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -6.84
• Shares Outstanding: 12,340,100
• 10 Day Avg. Volume: 21,490
• 30 Day Avg. Volume: 19,173
• PEG Ratio: -0.05
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 2.10
• P/FCF Ratio: -65.71
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ―

The overall stock score of 61 reflects Thine Electronics, Inc.'s strong balance sheet and financial stability, offset by challenges in income growth and cash flow consistency. Technical indicators show a bearish trend, and valuation metrics suggest limited upside potential. The company must improve operational performance to enhance its attractiveness to investors.

Positive Factors

Strong Balance Sheet

A strong balance sheet with zero debt and high equity provides Thine Electronics with financial stability and flexibility to invest in growth opportunities without the burden of debt servicing.

High Gross Profit Margin

A high gross profit margin indicates that Thine Electronics maintains strong pricing power and cost management, which supports long-term profitability and competitive advantage in the semiconductor industry.

Ample Liquidity

Ample liquidity ensures that Thine Electronics can meet its short-term obligations and invest in strategic initiatives, enhancing its ability to navigate market fluctuations and capitalize on growth opportunities.

Negative Factors

Declining Revenue Growth

Declining revenue growth suggests challenges in market expansion or product demand, potentially impacting long-term growth prospects and necessitating strategic adjustments to regain momentum.

Inconsistent Cash Flow

Inconsistent cash flow generation can hinder Thine Electronics' ability to fund operations and investments, posing risks to financial stability and growth if not addressed through improved cash management strategies.

Operational Challenges

Operational challenges, as evidenced by fluctuating performance, may affect Thine Electronics' ability to maintain efficiency and profitability, necessitating strategic improvements to sustain competitive positioning.

Thine Electronics, Inc. Business Overview & Revenue Model

Company Description

THine Electronics, Inc., a fabless semiconductor company, engages in the planning, designing, and sale of mixed-signal LSIs in Japan and internationally. The company offers system modules, V-by-One HS products for flat panel displays that require higher frame rates and resolutions, V-by-One products for EMI and data transmission for long distance, low voltage differential signaling products, LED and motor drivers, image signal processors, timing controllers, video ADC products, power management ICs, and power modules. It provides its products for use in cameras, USB cameras, LCD panels, projectors, multifunction printers, smartphones, and tablets, as well as medical, automotive, and gaming applications. The company was founded in 1991 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Thine Electronics, Inc. generates revenue through the sale of its semiconductor products, particularly its high-speed serial interface devices and mixed-signal integrated circuits. These products are integral components in electronic devices, enabling efficient data transfer and connectivity. The company's revenue streams predominantly come from direct sales to manufacturers in the consumer electronics, automotive, and industrial sectors. Thine Electronics also engages in strategic partnerships and collaborations that enhance its market reach and product offerings. Additionally, the company may earn income through licensing agreements or technology royalties, leveraging its intellectual property portfolio in the semiconductor field.

Thine Electronics, Inc. Financial Statement Overview

Summary

Thine Electronics, Inc. exhibits a mixed financial profile with strengths in its balance sheet, notably zero debt and high equity, which provide a stable financial base. However, challenges are evident in revenue growth and inconsistent cash flow performance. The overall financial health needs improvement in cash generation and income consistency to leverage its strong balance sheet effectively.

Income Statement

The income statement indicates fluctuating performance. Gross profit margin remains relatively high, showcasing strong product profitability. However, recent years show declining revenue growth and inconsistent net profit margins, indicating potential operational challenges. The recovery from past negative EBIT to positive figures is promising but needs consistent improvement.

Balance Sheet

The balance sheet is strong, with zero total debt, reflecting a conservative financial structure. High equity and a robust equity ratio indicate financial stability. The company has ample liquidity, as evidenced by substantial cash reserves. Overall, the balance sheet shows a solid foundation with potential for leveraging financial opportunities.

Cash Flow

The cash flow statement shows significant volatility. Positive free cash flow in some years contrasts with negative figures in others, indicating inconsistent cash generation. The operating cash flow to net income ratio suggests operational cash challenges. Strengthening cash flow generation remains crucial for long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.23B	4.61B	5.02B	5.46B	4.44B	2.88B
Gross Profit	2.28B	2.53B	2.44B	2.99B	2.55B	1.46B
EBITDA	-160.48M	499.15M	287.96M	1.17B	893.37M	-500.73M
Net Income	5.33M	339.79M	-69.80M	820.19M	727.75M	-697.22M
Balance Sheet
Total Assets	9.76B	10.33B	10.25B	10.67B	9.87B	8.79B
Cash, Cash Equivalents and Short-Term Investments	6.79B	7.31B	7.38B	7.30B	7.74B	6.73B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	846.96M	736.96M	809.13M	935.00M	809.53M	486.24M
Stockholders Equity	8.83B	9.46B	9.36B	9.68B	9.02B	8.27B
Cash Flow
Free Cash Flow	-529.16M	-147.23M	286.47M	-337.50M	350.79M	-563.02M
Operating Cash Flow	-507.80M	-73.75M	402.47M	-191.50M	357.79M	-520.02M
Investing Cash Flow	279.75M	15.19M	-148.00M	-423.29M	513.86M	2.11B
Financing Cash Flow	-139.66M	-161.71M	-286.00M	-100.33M	-89.09M	-97.51M

Thine Electronics, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 793.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6769, the sentiment is Negative. The current price of 793 is below the 20-day moving average (MA) of 811.85, below the 50-day MA of 816.82, and below the 200-day MA of 865.99, indicating a bearish trend. The MACD of -6.55 indicates Positive momentum. The RSI at 37.66 is Neutral, neither overbought nor oversold. The STOCH value of 18.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6769.

Thine Electronics, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6730	73 Outperform	¥12.84B	11.32	―	3.74%	-10.61%	-18.70%
6337	72 Outperform	¥10.99B	21.46	―	3.46%	-14.79%	-41.15%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6769	61 Neutral	¥8.57B	1,214.58	―	1.90%	-7.54%	―
6613	46 Neutral	¥12.74B	-40.85	―	―	18.18%	56.08%
6614	46 Neutral	¥2.96B	-35.69	―	2.23%	-2.80%	-129.64%
6616	45 Neutral	¥15.33B	-7.63	―	4.00%	-6.84%	50.71%