Chubu Steel Plate Co Ltd

Chubu Steel Plate maintains a strong liquidity position, with a current ratio of 6.18 and cash and equivalents amounting to ¥17.44 billion, which is significantly higher than the industry median. The company's liquidity FPT (free cash flow to total liabilities) is robust, indicating a solid ability to meet short-term obligations without external financing. Profitability metrics show a return on equity (ROE) of 2.3% and a return on assets (ROA) of 2.05%, both below the industry median for Iron & Steel firms. The company's operating margin is 4.67% (¥2.39 billion operating income on ¥51.05 billion revenue), which is in line with the cohort median but leaves room for improvement in cost control and pricing power. Geographically, Chubu Steel Plate's revenue is concentrated in Japan, with no disclosed international operations. The company's business is heavily dependent on domestic demand in the construction and automotive sectors, which exposes it to regional economic fluctuations and regulatory changes. The company's growth trajectory is modest, with revenue remaining relatively stable at ¥51.05 billion in the latest period. Analysts expect a slight increase in revenue in the next fiscal year, but the outlook is constrained by weak global demand for steel and ongoing supply chain disruptions. Risk factors include low liquidity risk and low dilution potential, as the company has no immediate filing-based liquidity or dilution flags. The debt-to-equity ratio is 0.0, indicating no long-term debt, and the company has not issued new shares recently. However, the free cash flow is negative at ¥5.3 billion, which could signal reinvestment in capital expenditures or operational inefficiencies. Recent events include the publication of the latest financial results, which showed a net income of ¥1.73 billion and a gross profit of ¥7.17 billion. No significant regulatory or legal issues were disclosed in the latest filings, and the company has not issued any new shares or announced major capital-raising activities.