Strong Cash GenerationAsti's large FCF increase and an operating-cash-to-net-income ratio well above 1 indicate high cash conversion and earnings quality. Durable cash generation supports capex, dividends, debt paydown or strategic investments and provides financial flexibility across cycles.

Conservative Leverage And Equity BaseA manageable debt-to-equity and a strong equity ratio signal a conservative capital structure. This lowers refinancing risk, preserves credit flexibility for long-term investments and M&A, and improves resilience to demand shocks over the medium term.

Stable Gross Margin And Recent Revenue UptickSustained gross margin and modest top-line growth suggest the core product mix still supports fundamentals. While margins are not high, consistent gross profitability underpins ability to cover fixed costs and preserve operating capacity over the coming quarters.

Bears Say

Compressed Net ProfitabilityA sharp decline in net margin materially reduces retained earnings and weakens the firm's ability to self-fund growth or sustain payouts. Persistent margin compression would signal structural cost or pricing pressure that undermines long-term profitability.

Low Return On EquityROE at multi-percent levels indicates limited efficiency in converting shareholder capital into profits. Over time, low ROE can constrain investor returns and reflect suboptimal capital allocation or competitive disadvantages that are slow to fix.

Earnings And Revenue VolatilityLarge EPS decline and negative multi-period revenue growth point to volatile earnings and possible demand or cost issues. Such volatility impairs planning, increases refinancing and investment risk, and can limit sustainable improvement in margins or returns.

6899 FAQ

What was Asti Corporation’s price range in the past 12 months?

Asti Corporation lowest stock price was ¥1588.00 and its highest was ¥2799.00 in the past 12 months.

What is Asti Corporation’s market cap?

Asti Corporation’s market cap is ¥7.98B.

When is Asti Corporation’s upcoming earnings report date?

Asti Corporation’s upcoming earnings report date is May 19, 2026 which is in 72 days.

How were Asti Corporation’s earnings last quarter?

Asti Corporation released its earnings results on Feb 10, 2026. The company reported ¥120.13 earnings per share for the quarter, beating the consensus estimate of N/A by ¥120.13.

Is Asti Corporation overvalued?

According to Wall Street analysts Asti Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Asti Corporation pay dividends?

Asti Corporation pays a Annually dividend of ¥110 which represents an annual dividend yield of 4.48%. See more information on Asti Corporation dividends here

What is Asti Corporation’s EPS estimate?

Asti Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Asti Corporation have?

Asti Corporation has 3,417,006 shares outstanding.

What happened to Asti Corporation’s price movement after its last earnings report?

Asti Corporation reported an EPS of ¥120.13 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.395%.

Which hedge fund is a major shareholder of Asti Corporation?

Currently, no hedge funds are holding shares in JP:6899

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Asti Corporation

Asti Corporation (6899) is a leading company specializing in the development and manufacturing of advanced technology solutions in the semiconductor industry. The company operates primarily in the electronics sector, focusing on high-performance semiconductor devices, integrated circuits, and related services. Asti Corporation is recognized for its innovative products that cater to a wide range of applications, including consumer electronics, automotive systems, and industrial automation.