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Credit Rating Analysis: Hitachi Metals (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): Hitachi Metals (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 535 B
-3.79%
¥ 21 B
-52.01%
¥ 12 B
-27.56%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBBBBBBBB
Total Assets
¥ 538 B
¥ 541 B
¥ 547 B
¥ 812 B
Net Assets
¥ 250 B
¥ 259 B
¥ 256 B
¥ 340 B

Financial Statement Risk Analysis: Hitachi Metals (Annual ) (Consolidated )

[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 535 B) is first term Sales (¥ 556 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ 12 B) is first term Net Income (¥ 17 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (2.42%) is first term Net Profit Margin (3.21%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -28 B) & Financial Cash Flow (¥ -31 B) is a minus, Operating Cash Flow (¥ 62 B) is a plus,
Dividend
Under the situation of Net Income (¥ 12 B) & Operating Cash Flow (¥ 62 B) , Dividend (¥ -4 B) is paid.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is decrease )
Net Income (¥ 17 B) is first term Net Income (¥ 22 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (3.21%) is first term Net Profit Margin (4.27%) less , there is a possibility that the profitability has deteriorated.
Dividend
Under the situation of Net Income (¥ 17 B) & Operating Cash Flow (¥ 3 B) , Dividend (¥ -4 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 556 B) is first term (¥ 520 B) more, however Operating Cash Flow (¥ 3 B) is first term (¥ 42 B) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 68 B) is Sales first term ratio (¥ 36 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -24 B) & Financial Cash Flow (¥ -25 B) is a minus, Operating Cash Flow (¥ 42 B) is a plus,
Dividend
Under the situation of Net Income (¥ 22 B) & Operating Cash Flow (¥ 42 B) , Dividend (¥ -4 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 520 B) is first term (¥ 431 B) more, however Operating Cash Flow (¥ 42 B) is first term (¥ 57 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 431 B) is first term Sales (¥ 590 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 352 B) is first term Gross Income (¥ 495 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -21 B) & Financial Cash Flow (¥ -25 B) is a minus, Operating Cash Flow (¥ 57 B) is a plus,
Dividend
Under the situation of Net Income (¥ 1 B) & Operating Cash Flow (¥ 57 B) , Dividend (¥ -4 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 4 B) is Sales first term ratio (¥ -159 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -3 B) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -37 B) & Financial Cash Flow (¥ -6 B) is a minus, Operating Cash Flow (¥ 32 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -3 B) & Operating Cash Flow (¥ 32 B), Dividend (¥ -4 B) is paid.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -3 B) is a minus, the cashflow of Operating Cash Flow (¥ 32 B) is smaller than Investment Cash Flow (¥ -37 B) , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ Hitachi Metals 5486 TSE 1st Iron & Steel 3 Annual BBB

Related Company

@ NICHIA STEEL WORKS (Sales ¥ 27 B)
@ トピー工業 (Sales ¥ 226 B)
@ Sanyo Special Steel (Sales ¥ 138 B)
@ Yodogawa Steel Works (Sales ¥ 141 B)
@ Daido Steel (Sales ¥ 440 B)
@ JFE Holdings,  (Sales ¥ 3.1 T)
@ Shinko Wire (Sales ¥ 27 B)
@ ENVIPRO HOLDINGS (Sales ¥ 37 B)
@ 栗本鐵工所 (Sales ¥ 98 B)
@ Hitachi Metals (Sales ¥ 535 B)
@ ASAHI TEC (Sales ¥ 80 B)
@ 日新製鋼ホールディングス (Sales ¥ 518 B)
@ 共英製鋼 (Sales ¥ 142 B)
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