Sakurajima Futo Kaisha Ltd

Sakurajima Futo Kaisha Ltd maintains a liquidity position with a current ratio of 1.95, indicating the company can cover its short-term liabilities with its short-term assets. However, the company has a negative net cash position after subtracting total debt, which suggests potential liquidity risk. The price-to-book ratio of 0.49 indicates that the company's market value is significantly lower than its book value, suggesting undervaluation or asset impairment concerns. In terms of profitability, the company's return on equity (ROE) of 3.34% and return on assets (ROA) of 2.1% are below the industry median for Marine Port Services, which typically sees ROE and ROA in the 5-7% and 3-5% ranges, respectively. This suggests that the company is underperforming in generating returns relative to its equity and asset base. The company's revenue is distributed across four segments: Bulk Cargo, Liquid Cargo, Logistics and Warehousing, and Others. The Bulk Cargo segment is the largest contributor, dealing with raw materials such as coke, coal, and salt. The Liquid Cargo segment handles petrochemical products and petroleum-based fuels, while the Logistics and Warehousing segment operates in dangerous goods and refrigerated storage. The Others segment includes insurance agency services. The company's geographic exposure is primarily domestic, with no significant international revenue disclosed. Looking at the growth trajectory, the company's revenue for the latest fiscal year was 4,338,206,000 JPY. While the company has a positive operating cash flow of 755,693,000 JPY, its free cash flow is negative at -2,708,000 JPY, indicating that capital expenditures are outpacing operating cash flow. The capital expenditure of -604,618,000 JPY suggests ongoing investment in infrastructure and equipment to maintain and expand its operations. The company faces several risk factors, including liquidity risk due to its negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential in the near term. The company's debt-to-equity ratio of 0.24 indicates a relatively conservative capital structure, with a manageable level of debt relative to equity. Recent events include the company's latest actual EPS of 153.77 JPY and revenue of 4,338,210,000 JPY, as reported by analysts. These figures align with the financial snapshot, indicating consistent performance in the most recent fiscal period.