Equities

Meiji Electric Industries Co Ltd

3388:TYO

Meiji Electric Industries Co Ltd

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TechnologyTechnology Hardware and Equipment
  • Price (JPY)1,477.00
  • Today's Change17.00 / 1.16%
  • Shares traded20.40k
  • 1 Year change-3.46%
  • Beta0.8197
Data delayed at least 20 minutes, as of Sep 19 2024 07:00 BST.
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Inc stmt in JPYIncome statement in JPYView more

Year on year Meiji Electric Industries Co Ltd grew revenues 5.12% from 70.95bn to 74.58bn while net income improved 10.71% from 2.19bn to 2.43bn.
Gross margin14.72%
Net profit margin3.01%
Operating margin3.66%
Return on assets4.60%
Return on equity7.05%
Return on investment6.95%
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Cash flow in JPYView more

In 2024, Meiji Electric Industries Co Ltd increased its cash reserves by 50.40%, or 2.46bn. The company earned 5.73bn from its operations for a Cash Flow Margin of 7.69%. In addition the company used 326.10m on investing activities and also paid 3.13bn in financing cash flows.
Cash flow per share195.16
Price/Cash flow per share7.53
Book value per share2,573.62
Tangible book value per share2,527.82
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Balance sheet in JPYView more

Meiji Electric Industries Co Ltd uses little or no debt in its capital structure.
Current ratio2.64
Quick ratio2.18
Total debt/total equity0.00
Total debt/total capital0.00
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Growth rates in JPY

Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 11.54% and 10.52%, respectively. The positive trend in dividend payments is noteworthy since very few companies in the Electronic Instr. & Controls industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked below the industry average relative to its peers.
Div yield(5 year avg)4.10%
Div growth rate (5 year)-6.69%
Payout ratio (TTM)33.56%
EPS growth(5 years)-7.00
EPS (TTM) vs
TTM 1 year ago
-9.19
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