Today I will talk about an excellent small company listed on the TSE JASDAQ,
It's a trading company that specializes in automobile parts, mainly those such as aluminum wheels.
Weds is planning development type trading company with a strong sales force that adopted the direct sales system of original products such as custom wheels.
In addition, they participate in domestic races as a team sponsor.
Recently, low-priced oriented items have been strengthened, so that they are engaged in price negotiations with outsourced Chinese companies and cut costs in areas such as transportation.
Their sales are expected to increase as they expand their ecommerce presence.
￥609（Feb.15th the last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March Dividend yield 4.60% PER 8.72 PBR 0.76
Equity ratio 60.6%
Despite the steady performance in the last few years, the stock price is cheap like other automobile-related companies.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2016.3 |
28,536 |
2,035 |
1,362 |
84 |
27 |
32% |
|
2017.3 |
27,058 |
1,417 |
1,079 |
67.1 |
26 |
39% |
|
2018.3 |
28,780 |
1,742 |
1,376 |
85.9 |
30 |
35% |
|
2019.3 |
32,000 |
1,700 |
1,100 |
68.6 |
28 |
41% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March, 2019 is the predicted value
|
Cash flow statement |
2018.3 |
2017.3 |
|
CF operating activities |
1,150 |
1,870 |
|
CF investing activities |
▲78 |
164 |
|
CF financing activities |
▲835 |
▲591 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.