Central Glass KK
4044
ISIN JP3425000001 / Valor 761605
Central Glass KK
UMushroom community rating:
About company
Central Glass KK is a diversified manufacturer with a focus on the development and production of chemical and glass products. The company specializes in creating electrolytes and additives for lithium-ion batteries, which are essential components in electric vehicles and storage batteries. With a global footprint, Central Glass ensures a stable supply of these critical materials through its multiple overseas manufacturing bases, catering to a worldwide customer base. Beyond its contributions to the battery industry, the company also engages in the production of glass products aimed at enhancing vehicle interior spaces, emphasizing safety, comfort, and design. Central Glass KK's operations reflect a commitment to leveraging its expertise in chemical and glass manufacturing to meet the evolving needs of the automotive and energy storage sectors.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (23.05.2024):
Revenue Decline
In the fiscal year ended March 31, 2024, Central Glass KK reported a decrease in net sales, totaling 160,339 million yen compared to 169,309 million yen in the previous year. This represents a significant year-on-year decline in revenue.
Profitability Metrics
Central Glass KK experienced a sharp decline in profitability, with profit attributable to owners of the parent falling to 12,478 million yen in the fiscal year 2024, down from 42,494 million yen in the previous year. This drastic reduction reflects a decrease of 70.6% in profitability.
Dividend Information
For the fiscal year ended March 31, 2024, Central Glass KK declared dividends totaling 115.00 yen per share, which is a decrease from the 159.00 yen per share paid in the previous year. This adjustment aligns with the company's overall financial performance.
Financial Position and Cash Flow
As of March 31, 2024, Central Glass KK's total assets decreased to 214,404 million yen from 221,090 million yen in the previous year. The company also reported cash flows from operating activities of 22,236 million yen, an improvement from 16,599 million yen in the prior year.
Future Outlook
Looking ahead to the fiscal year ending March 31, 2025, Central Glass KK forecasts net sales to reach 156,000 million yen and anticipates a profit attributable to owners of the parent of 10,000 million yen. These projections indicate a cautious optimism for modest recovery in the company's financial performance.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
587 M
Market cap (USD)
52,700
Daily traded volume (Shares)
3250 / 3215
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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