Siix Corporation (7613) AI Stock Analysis

• Market Cap: ¥56.24B
• Dividend Yield: 4.03%
• Average Volume (3M): 120.82K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.99
• Revenue Growth: -3.25%
• EPS Growth: -35.91%
• Country: JP
• Employees: 9,538
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 39.61
• Shares Outstanding: 50,400,000
• 10 Day Avg. Volume: 152,670
• 30 Day Avg. Volume: 120,816
• PEG Ratio: 0.52
• Price to Book (P/B): 0.59
• 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: 79 Outperform
• Price Target: ¥1,332.00 ▲(11.93%Upside)

Siix Corporation's stock is supported by strong technical momentum and a solid valuation profile with a low P/E ratio and high dividend yield. Financial performance is mixed, with declines in revenue and profitability, but strong cash flow and a stable balance sheet mitigate these risks.

Siix Corporation Business Overview & Revenue Model

Company Description

Siix Corporation (7613) is a Japan-based company primarily engaged in the electronics industry. It operates in various sectors, including automotive, consumer electronics, industrial equipment, and telecommunications. The company provides a wide range of services, such as electronic manufacturing services (EMS), which include design, development, and assembly of electronic products and components.

How the Company Makes Money

Siix Corporation generates revenue primarily through its electronic manufacturing services (EMS) operations. The company's main revenue streams include the assembly and production of electronic components and devices for various industries, such as automotive, consumer electronics, and industrial equipment. Siix Corporation partners with a diverse range of clients, offering them comprehensive services from product design and development to mass production and supply chain management. The company's earnings are significantly influenced by its ability to secure long-term contracts and maintain strong relationships with its clients across different sectors.

Siix Corporation Financial Statement Overview

Summary

Siix Corporation shows a mixed financial performance. Revenue and profitability margins have declined, but the balance sheet remains solid with manageable leverage, and cash generation is strong, supporting financial stability.

Income Statement

Siix Corporation's revenue has experienced fluctuations, showing a decline in the latest period compared to the previous year. The gross profit margin stands at 9.46%, indicating a slight decrease from 2023. The net profit margin is 1.24%, reflecting a substantial drop from the prior year's 2.64%. The EBIT margin is 2.83%, while the EBITDA margin is 6.06%. Overall, profitability has weakened, but the company maintains reasonable operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is 0.53, suggesting moderate leverage. The return on equity (ROE) is 3.74%, down from 9.19% last year, indicating reduced profitability for shareholders. The equity ratio is 46.21%, highlighting a stable capital structure with a significant portion of assets funded by equity. Despite some decline in ROE, the balance sheet remains relatively robust.

Cash Flow

Siix Corporation shows strong cash flow management, with a free cash flow growth rate of 75.57% over the previous year. The operating cash flow to net income ratio is 6.15, indicating strong cash generation from operations. The free cash flow to net income ratio is 4.43, showing effective conversion of earnings into cash. Cash flow metrics suggest a healthy liquidity position despite revenue fluctuations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	301.41B	302.31B	309.77B	277.03B	226.83B	181.60B
Gross Profit	29.71B	28.61B	30.85B	25.79B	20.12B	16.15B
EBITDA	19.70B	18.34B	21.18B	16.64B	11.09B	10.50B
Net Income	4.63B	3.75B	8.19B	4.73B	4.56B	1.72B
Balance Sheet
Total Assets	209.00B	217.48B	216.84B	205.17B	169.92B	144.44B
Cash, Cash Equivalents and Short-Term Investments	26.88B	22.82B	18.24B	13.79B	9.48B	23.13B
Total Debt	51.70B	52.87B	60.24B	61.26B	50.01B	45.87B
Total Liabilities	112.93B	116.45B	127.29B	127.78B	103.55B	87.94B
Stockholders Equity	95.56B	100.49B	89.10B	76.96B	65.96B	56.14B
Cash Flow
Free Cash Flow	0.00	16.62B	9.47B	-3.54B	-16.24B	7.14B
Operating Cash Flow	0.00	23.10B	19.80B	5.57B	-8.11B	13.28B
Investing Cash Flow	0.00	-9.09B	-10.39B	-8.89B	-7.76B	-6.03B
Financing Cash Flow	0.00	-12.32B	-5.99B	6.68B	869.00M	1.29B

Siix Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1190.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7613, the sentiment is Positive. The current price of 1190 is above the 20-day moving average (MA) of 1143.99, above the 50-day MA of 1111.13, and above the 200-day MA of 1080.81, indicating a bullish trend. The MACD of 24.55 indicates Negative momentum. The RSI at 74.40 is Negative, neither overbought nor oversold. The STOCH value of 83.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7613.

Siix Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6859	80 Outperform	¥69.69B	11.33		3.85%	8.31%	21.11%
7613	79 Outperform	¥56.24B	12.10		4.03%	-3.25%	-35.91%
6914	74 Outperform	¥58.72B	9.38		2.77%	8.40%	30.12%
6908	67 Neutral	¥64.75B	23.40		3.61%	1.92%	-50.25%
Sector *	57 Neutral	$929.10M	14.73	-16.47%	9.84%	10.79%	-36.58%
6615	53 Neutral	€7.98B	5.36	-14.61%	3.42%	0.49%	-346.99%

Siix Corporation Corporate Events

Siix Corporation Reports Q1 2025 Financial Results with Profit Growth

Siix Corporation reported its consolidated financial results for the first quarter ending March 31, 2025, showing a slight decline in net sales by 1.2% compared to the previous year. However, the company experienced significant growth in operating profit, ordinary profit, and profit attributable to owners of the parent, with increases of 70.1%, 45.9%, and 89.1% respectively. Despite a decrease in total assets and net assets, the company maintained a stable capital adequacy ratio. Siix Corporation’s financial forecast for the fiscal year ending December 31, 2025, anticipates a slight decrease in net sales and operating profit but a substantial increase in profit attributable to owners of the parent, indicating a positive outlook for stakeholders.

Siix Corporation Finalizes Treasury Stock Disposal for Executive Compensation

Siix Corporation has completed the payment procedures for the disposal of treasury stock as restricted stock-based compensation, a move initially resolved at a Board of Directors meeting in March 2025. This disposal involved 13,301 shares of common stock, valued at 1,113 yen per share, and was allocated to four directors and three executive officers, potentially impacting the company’s executive compensation structure and aligning management interests with shareholder value.

Siix Corporation Aligns Leadership Incentives with Shareholder Interests

Siix Corporation has announced a resolution to dispose of treasury stock as restricted stock-based compensation for its directors and executive officers. This move aims to align the interests of its leadership with shareholders by tying compensation to stock performance, thereby motivating directors to enhance corporate value. The initiative reflects the company’s strategy to strengthen its governance and attract diverse talent by revising remuneration structures.