Chugoku Marine Paints, Ltd. Logo

Chugoku Marine Paints, Ltd.

4617.T

(1.8)
Stock Price

2.019,00 JPY

6.71% ROA

14.97% ROE

10.74x PER

Market Cap.

89.125.631.966,00 JPY

37.03% DER

2.89% Yield

8.24% NPM

Chugoku Marine Paints, Ltd. Stock Analysis

Chugoku Marine Paints, Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Chugoku Marine Paints, Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (41%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

ROE in an average range (6.74%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (3.57%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.34x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

6 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-312.765) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Chugoku Marine Paints, Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Chugoku Marine Paints, Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Chugoku Marine Paints, Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Chugoku Marine Paints, Ltd. Revenue
Year Revenue Growth
2004 63.389.468.000
2005 67.846.358.000 6.57%
2006 88.196.000.000 23.07%
2007 104.798.000.000 15.84%
2008 103.622.000.000 -1.13%
2009 86.810.000.000 -19.37%
2010 96.595.000.000 10.13%
2011 93.560.000.000 -3.24%
2012 83.656.000.000 -11.84%
2013 90.901.000.000 7.97%
2014 106.737.000.000 14.84%
2015 115.066.000.000 7.24%
2016 82.368.000.000 -39.7%
2017 82.980.000.000 0.74%
2018 88.452.000.000 6.19%
2019 87.729.000.000 -0.82%
2020 82.442.000.000 -6.41%
2021 84.295.000.000 2.2%
2022 99.481.000.000 15.27%
2023 115.556.000.000 13.91%
2023 116.174.000.000 0.53%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Chugoku Marine Paints, Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1.789.000.000 100%
2013 1.714.000.000 -4.38%
2014 1.849.000.000 7.3%
2015 1.787.000.000 -3.47%
2016 1.859.000.000 3.87%
2017 1.840.000.000 -1.03%
2018 1.846.000.000 0.33%
2019 1.803.000.000 -2.38%
2020 1.669.000.000 -8.03%
2021 1.561.000.000 -6.92%
2022 1.573.000.000 0.76%
2023 0 0%
2023 1.662.000.000 100%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Chugoku Marine Paints, Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 12.466.000.000 100%
2013 15.599.000.000 20.08%
2014 15.000.000.000 -3.99%
2015 16.735.000.000 10.37%
2016 14.702.000.000 -13.83%
2017 13.534.000.000 -8.63%
2018 14.303.000.000 5.38%
2019 14.334.000.000 0.22%
2020 13.332.000.000 -7.52%
2021 13.497.000.000 1.22%
2022 14.569.000.000 7.36%
2023 0 0%
2023 16.254.000.000 100%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Chugoku Marine Paints, Ltd. EBITDA
Year EBITDA Growth
2004 6.313.197.000
2005 5.426.271.000 -16.35%
2006 9.096.000.000 40.34%
2007 10.056.000.000 9.55%
2008 10.250.000.000 1.89%
2009 12.244.000.000 16.29%
2010 11.082.000.000 -10.49%
2011 7.978.000.000 -38.91%
2012 6.938.000.000 -14.99%
2013 7.007.000.000 0.98%
2014 10.343.000.000 32.25%
2015 12.478.000.000 17.11%
2016 8.143.000.000 -53.24%
2017 6.069.000.000 -34.17%
2018 1.965.000.000 -208.85%
2019 6.629.000.000 70.36%
2020 8.780.000.000 24.5%
2021 3.428.000.000 -156.13%
2022 6.378.000.000 46.25%
2023 15.840.000.000 59.73%
2023 13.827.000.000 -14.56%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Chugoku Marine Paints, Ltd. Gross Profit
Year Gross Profit Growth
2004 20.802.627.000
2005 19.931.867.000 -4.37%
2006 25.656.000.000 22.31%
2007 28.736.000.000 10.72%
2008 29.072.000.000 1.16%
2009 29.977.000.000 3.02%
2010 28.844.000.000 -3.93%
2011 24.856.000.000 -16.04%
2012 22.080.000.000 -12.57%
2013 25.227.000.000 12.47%
2014 29.425.000.000 14.27%
2015 36.139.000.000 18.58%
2016 26.609.000.000 -35.81%
2017 23.480.000.000 -13.33%
2018 19.901.000.000 -17.98%
2019 24.015.000.000 17.13%
2020 25.362.000.000 5.31%
2021 19.664.000.000 -28.98%
2022 24.731.000.000 20.49%
2023 35.060.000.000 29.46%
2023 35.840.000.000 2.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Chugoku Marine Paints, Ltd. Net Profit
Year Net Profit Growth
2004 2.704.405.000
2005 2.632.840.000 -2.72%
2006 4.853.000.000 45.75%
2007 5.117.000.000 5.16%
2008 5.031.000.000 -1.71%
2009 5.422.000.000 7.21%
2010 5.701.000.000 4.89%
2011 3.067.000.000 -85.88%
2012 2.978.000.000 -2.99%
2013 3.269.000.000 8.9%
2014 4.748.000.000 31.15%
2015 6.502.000.000 26.98%
2016 3.643.000.000 -78.48%
2017 2.447.000.000 -48.88%
2018 -710.000.000 444.65%
2019 -71.000.000 -900%
2020 3.279.000.000 102.17%
2021 257.000.000 -1175.88%
2022 3.848.000.000 93.32%
2023 10.748.000.000 64.2%
2023 9.892.000.000 -8.65%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Chugoku Marine Paints, Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 39
2005 38 0%
2006 70 45.71%
2007 74 5.41%
2008 73 -1.37%
2009 79 6.41%
2010 83 4.88%
2011 45 -86.36%
2012 44 0%
2013 49 10.2%
2014 72 30.99%
2015 98 27.55%
2016 56 -78.18%
2017 37 -48.65%
2018 -11 436.36%
2019 -1 -1000%
2020 58 101.75%
2021 5 -1325%
2022 77 94.74%
2023 217 64.81%
2023 200 -8.54%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Chugoku Marine Paints, Ltd. Free Cashflow
Year Free Cashflow Growth
2004 -337.804.000
2005 607.832.000 155.58%
2006 -6.332.000.000 109.6%
2007 4.846.000.000 230.66%
2008 4.074.000.000 -18.95%
2009 14.290.000.000 71.49%
2010 1.252.000.000 -1041.37%
2011 3.676.000.000 65.94%
2012 8.719.000.000 57.84%
2013 10.084.000.000 13.54%
2014 4.355.000.000 -131.55%
2015 9.774.000.000 55.44%
2016 10.750.000.000 9.08%
2017 -629.000.000 1809.06%
2018 2.054.000.000 130.62%
2019 3.267.000.000 37.13%
2020 5.781.000.000 43.49%
2021 -1.263.000.000 557.72%
2022 -1.489.000.000 15.18%
2023 2.085.000.000 171.41%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Chugoku Marine Paints, Ltd. Operating Cashflow
Year Operating Cashflow Growth
2004 852.043.000
2005 2.653.298.000 67.89%
2006 -3.702.000.000 171.67%
2007 4.846.000.000 176.39%
2008 4.074.000.000 -18.95%
2009 14.290.000.000 71.49%
2010 1.252.000.000 -1041.37%
2011 3.676.000.000 65.94%
2012 8.719.000.000 57.84%
2013 10.084.000.000 13.54%
2014 4.355.000.000 -131.55%
2015 9.774.000.000 55.44%
2016 10.750.000.000 9.08%
2017 -629.000.000 1809.06%
2018 3.135.000.000 120.06%
2019 4.612.000.000 32.03%
2020 7.129.000.000 35.31%
2021 -238.000.000 3095.38%
2022 29.000.000 920.69%
2023 2.397.000.000 98.79%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Chugoku Marine Paints, Ltd. Capital Expenditure
Year Capital Expenditure Growth
2004 1.189.847.000
2005 2.045.466.000 41.83%
2006 2.630.000.000 22.23%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1.081.000.000 100%
2019 1.345.000.000 19.63%
2020 1.348.000.000 0.22%
2021 1.025.000.000 -31.51%
2022 1.518.000.000 32.48%
2023 312.000.000 -386.54%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Chugoku Marine Paints, Ltd. Equity
Year Equity Growth
2004 29.325.588.000
2005 33.141.561.000 11.51%
2006 38.575.000.000 14.09%
2007 38.819.000.000 0.63%
2008 37.852.000.000 -2.55%
2009 43.489.000.000 12.96%
2010 45.745.000.000 4.93%
2011 47.308.000.000 3.3%
2012 52.820.000.000 10.44%
2013 62.487.000.000 15.47%
2014 72.480.000.000 13.79%
2015 73.132.000.000 0.89%
2016 72.549.000.000 -0.8%
2017 81.093.000.000 10.54%
2018 68.513.000.000 -18.36%
2019 62.985.000.000 -8.78%
2020 63.106.000.000 0.19%
2021 60.039.000.000 -5.11%
2022 63.129.000.000 4.89%
2023 71.453.000.000 11.65%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Chugoku Marine Paints, Ltd. Assets
Year Assets Growth
2004 77.167.916.000
2005 83.715.688.000 7.82%
2006 102.058.000.000 17.97%
2007 98.550.000.000 -3.56%
2008 91.776.000.000 -7.38%
2009 96.346.000.000 4.74%
2010 100.305.000.000 3.95%
2011 99.850.000.000 -0.46%
2012 106.240.000.000 6.01%
2013 119.019.000.000 10.74%
2014 135.087.000.000 11.89%
2015 128.389.000.000 -5.22%
2016 122.058.000.000 -5.19%
2017 126.047.000.000 3.16%
2018 113.851.000.000 -10.71%
2019 106.069.000.000 -7.34%
2020 105.164.000.000 -0.86%
2021 104.618.000.000 -0.52%
2022 112.747.000.000 7.21%
2023 123.873.000.000 8.98%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Chugoku Marine Paints, Ltd. Liabilities
Year Liabilities Growth
2004 46.495.249.000
2005 48.868.245.000 4.86%
2006 61.218.000.000 20.17%
2007 57.445.000.000 -6.57%
2008 51.763.000.000 -10.98%
2009 49.808.000.000 -3.93%
2010 51.431.000.000 3.16%
2011 49.436.000.000 -4.04%
2012 49.542.000.000 0.21%
2013 51.688.000.000 4.15%
2014 56.862.000.000 9.1%
2015 49.573.000.000 -14.7%
2016 43.891.000.000 -12.95%
2017 44.954.000.000 2.36%
2018 45.338.000.000 0.85%
2019 43.084.000.000 -5.23%
2020 42.058.000.000 -2.44%
2021 44.579.000.000 5.66%
2022 49.618.000.000 10.16%
2023 52.420.000.000 5.35%

Chugoku Marine Paints, Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2227.1
Net Income per Share
167.35
Price to Earning Ratio
10.74x
Price To Sales Ratio
0.81x
POCF Ratio
19.15
PFCF Ratio
22.06
Price to Book Ratio
1.35
EV to Sales
0.79
EV Over EBITDA
7.71
EV to Operating CashFlow
18.84
EV to FreeCashFlow
21.71
Earnings Yield
0.09
FreeCashFlow Yield
0.05
Market Cap
89,13 Bil.
Enterprise Value
87,72 Bil.
Graham Number
2235.4
Graham NetNet
278.06

Income Statement Metrics

Net Income per Share
167.35
Income Quality
0.45
ROE
0.14
Return On Assets
0.07
Return On Capital Employed
0.13
Net Income per EBT
0.78
EBT Per Ebit
1.07
Ebit per Revenue
0.1
Effective Tax Rate
0.11

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.1
Pretax Profit Margin
0.11
Net Profit Margin
0.08

Dividends

Dividend Yield
0.03
Dividend Yield %
2.89
Payout Ratio
0.21
Dividend Per Share
52

Operating Metrics

Operating Cashflow per Share
93.91
Free CashFlow per Share
81.53
Capex to Operating CashFlow
-0.13
Capex to Revenue
-0.01
Capex to Depreciation
-0.38
Return on Invested Capital
0.09
Return on Tangible Assets
0.07
Days Sales Outstanding
129.1
Days Payables Outstanding
51.28
Days of Inventory on Hand
108.06
Receivables Turnover
2.83
Payables Turnover
7.12
Inventory Turnover
3.38
Capex per Share
-12.39

Balance Sheet

Cash per Share
506,61
Book Value per Share
1.327,11
Tangible Book Value per Share
1435.06
Shareholders Equity per Share
1327.11
Interest Debt per Share
500.43
Debt to Equity
0.37
Debt to Assets
0.2
Net Debt to EBITDA
-0.12
Current Ratio
2.03
Tangible Asset Value
71,13 Bil.
Net Current Asset Value
37,60 Bil.
Invested Capital
0.37
Working Capital
45,62 Bil.
Intangibles to Total Assets
0
Average Receivables
37,27 Bil.
Average Payables
11,39 Bil.
Average Inventory
23702000000
Debt to Market Cap
0.27

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Chugoku Marine Paints, Ltd. Dividends
Year Dividends Growth
2001 4
2002 5 20%
2003 7 16.67%
2004 8 14.29%
2005 8 0%
2006 8 0%
2007 16 56.25%
2008 13 -23.08%
2009 13 0%
2010 13 0%
2011 13 0%
2012 13 0%
2013 13 0%
2014 13 0%
2015 16 18.75%
2016 17 5.88%
2017 11 -54.55%
2018 36 69.44%
2019 34 -5.88%
2020 34 0%
2021 34 0%
2022 35 2.86%
2023 52 32.69%
2024 0 0%

Chugoku Marine Paints, Ltd. Profile

About Chugoku Marine Paints, Ltd.

Chugoku Marine Paints, Ltd. manufactures and sells marine, industrial, and container paints worldwide. The company offers paints for vessels, yachts and pleasure boats, and marine containers; protective paints for bridges and other steel structures; paints for building materials and wooden floors, as well as construction coatings and functional paints; and functional compounds. It is also involved in the sale of painting related equipment; undertaking of management and contract work for coating; inspection of surface treatment and coating; and other activities. The company supplies its products to the shipbuilding, shipping, power generation, steel, wood, and general construction industries. Chugoku Marine Paints, Ltd. was founded in 1917 and is headquartered in Tokyo, Japan.

CEO
Kenshi Date
Employee
2.199
Address
Tokyo Club Building
Tokyo, 100-0013

Chugoku Marine Paints, Ltd. Executives & BODs

Chugoku Marine Paints, Ltd. Executives & BODs
# Name Age
1 Takao Shimizu
Deputy GM of Administration HQ, GM of Corporate Planning Department & Director
70
2 Hideyuki Tanaka
MD, GM of Technology Headquarter & Director
70
3 Katsunori Kobayashi
GM of Administration Headquarter & Director
70
4 Kenshi Date
President, Chief Executive Officer & Representative Director
70
5 Hiroyuki Okimoto
Senior Executive Officer, Deputy Chief of Technical Headquarter & GM of Anti Fouling Tech. Dept.
70
6 Yoshihiko Nishimura
Executive Officer, Dep. Chief of Sales HQ, Chief of Sales & Markt Div. Industrial Coatings
70
7 Masataka Mitsuda
Exe. Officer, Deputy Chief of Sales Headquarter & Chief of Sales & Marketing Div. (Marine Coatings)
70

Chugoku Marine Paints, Ltd. Competitors