Heiwa Paper Co Ltd

Heiwa Paper Co Ltd maintains a strong liquidity position, with cash and equivalents amounting to ¥2.84 billion, representing 15.1% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, with a current ratio of 1.65 and a debt-to-equity ratio of 0.24, indicating a conservative capital structure.

Profitability metrics show a return on equity (ROE) of 0.34% and a return on assets (ROA) of 0.18%, both below the industry median for Paper Products. The company's operating margin is 1.06%, and net margin is 0.08%, suggesting limited profitability relative to peers.

Geographically, Heiwa Paper Co Ltd is concentrated in Japan, with no disclosed international revenue segments. The company's revenue is derived from a single business segment focused on paper products, with no material diversification across product lines or geographic regions.

Looking ahead, the company is expected to maintain stable revenue, with no significant growth or contraction projected in the next fiscal year. Capital expenditures are modest, with a negative value of ¥45.2 million, indicating asset optimization rather than expansion.

Risk factors are minimal, with low liquidity and dilution risk scores. The company has no immediate filing-based liquidity or dilution flags, and no dilution potential is identified in the basic shares outstanding. No recent events, such as earnings calls or regulatory filings, have been disclosed that would materially affect the company's risk profile.

Recent financial filings and transcripts are not available in the provided data, but the company's financial position remains stable with no signs of distress. The company's capital structure is conservative, and its operating cash flow of ¥122.8 million supports ongoing operations without reliance on external financing.

Heiwa Paper generated positive free cash flow of 92 million JPY in fiscal 2024, demonstrating operational cash generation capability.

The company maintains a conservative debt-to-equity ratio of 0.24, which is significantly lower than the paper products cohort median of 0.46.

Heiwa Paper's cash conversion metric of 3.62 exceeds the cohort median of 1.58, indicating superior efficiency in converting earnings to cash.

Revenue demonstrated a steady four-year compound annual growth rate of 2.3%, reflecting consistent top-line expansion over the period.

The company faces low dilution, liquidity, and credit risks according to risk flag assessments, suggesting a stable financial profile.

Return on equity of 0.34% is substantially lower than the cohort median of 2.21%, reflecting poor capital efficiency relative to peers.

Revenue ¥4.03B, −5,1% YoY; Operating income −27,8% YoY.

• ▍Revenue ¥4.03B, −5,1% YoY
• ▍Operating income −27,8% YoY
• ▍Net income −3,3% YoY
• ▍Net margin 1.0%

Revenue ¥3.85B, −2,5% YoY; Operating income −63,9% YoY.

• ▍Revenue ¥3.85B, −2,5% YoY
• ▍Operating income −63,9% YoY
• ▍Net income −66,4% YoY
• ▍Net margin 0.3%

Revenue ¥3.72B, −1,2% YoY; Operating income −599,1% YoY.

• ▍Revenue ¥3.72B, −1,2% YoY
• ▍Operating income −599,1% YoY
• ▍Net income −205,7% YoY
• ▍Net margin -0.3%

Revenue ¥4.07B, −3,3% YoY; Operating income +28,3% YoY.

• ▍Revenue ¥4.07B, −3,3% YoY
• ▍Operating income +28,3% YoY
• ▍Net income +5,2% YoY
• ▍Net margin 0.9%

Revenue ¥4.25B; Operating income ¥36.5M.

• ▍Revenue ¥4.25B
• ▍Operating income ¥36.5M
• ▍Net margin 1.0%

Revenue ¥3.95B; Operating income ¥47.8M.

• ▍Revenue ¥3.95B
• ▍Operating income ¥47.8M
• ▍Net margin 0.7%

Revenue ¥3.77B; Operating income -¥3.4M.

• ▍Revenue ¥3.77B
• ▍Operating income -¥3.4M
• ▍Net margin 0.2%

Revenue ¥4.21B; Operating income ¥44.5M.

• ▍Revenue ¥4.21B
• ▍Operating income ¥44.5M
• ▍Net margin 0.8%

Revenue ¥16.03B, −0,6% YoY; Operating income −12,7% YoY.

• ▍Revenue ¥16.03B, −0,6% YoY
• ▍Operating income −12,7% YoY
• ▍Net income −14,2% YoY
• ▍Free cash flow −491,0% YoY
• ▍Net margin 0.7%

Revenue ¥16.12B, +0,3% YoY; Operating income +95,6% YoY.

• ▍Revenue ¥16.12B, +0,3% YoY
• ▍Operating income +95,6% YoY
• ▍Net income −84,4% YoY
• ▍Free cash flow +124,3% YoY
• ▍Net margin 0.8%

Revenue ¥16.07B, +2,9% YoY; Operating income +25,7% YoY.

• ▍Revenue ¥16.07B, +2,9% YoY
• ▍Operating income +25,7% YoY
• ▍Net income +902,6% YoY
• ▍Free cash flow −549,0% YoY
• ▍Net margin 5.4%

Revenue ¥15.62B, +6,9% YoY; Operating income +179,1% YoY.

• ▍Revenue ¥15.62B, +6,9% YoY
• ▍Operating income +179,1% YoY
• ▍Net income +350,9% YoY
• ▍Free cash flow +369,1% YoY
• ▍Net margin 0.6%