SEC Carbon Ltd

The company maintains a strong liquidity position, with a current ratio of 13.3, indicating a high ability to meet short-term obligations. It holds JPY 17.42 billion in cash and equivalents, and its total liabilities are relatively low at JPY 7.61 billion, resulting in a debt-to-equity ratio of 0.0. Profitability metrics show a return on equity (ROE) of 7.79% and a return on assets (ROA) of 7.07%, both above the industry median for Electrical Components & Equipment. The company’s operating margin is 21.74% (JPY 6.78 billion operating income on JPY 31.18 billion revenue), and its net margin is 18.45% (JPY 5.75 billion net income). Revenue is concentrated in carbon and steel products, with no disclosed geographic diversification beyond Japan. The company’s exposure to domestic demand and supply chain stability is a key factor in its performance. The company’s revenue is expected to remain stable in the near term, with no significant growth or contraction projected for the current or next fiscal year. Free cash flow was negative at JPY 1.85 billion in the latest period, driven by capital expenditures of JPY 6.56 billion. Risk factors include the potential for capital-intensive operations to impact liquidity, though the company currently has no immediate filing-based liquidity or dilution flags. No dilution is expected in the near term, with shares outstanding remaining unchanged between basic and diluted counts. Recent events include the publication of the 2024 annual report, which details the company’s financial performance and operational strategy. No material regulatory or legal events were disclosed in the latest filings.