Kawasaki Heavy Industries,Ltd. FY2022 Q1 Earnings Report | IR Tracker

Kawasaki Heavy Industries,Ltd. FY2022 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥355.63B
Operating Income: ¥15.17B
Net Income: ¥10.35B
EPS: ¥59.08

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥355.63B	¥300.60B	+18.3%
Cost of Sales	¥293.60B	¥278.36B	+5.5%
Gross Profit	¥62.03B	¥22.24B	+178.8%
SG&A Expenses	¥46.86B	¥42.91B	+9.2%
Operating Income	¥15.17B	¥-20.66B	+173.4%
Non-operating Income	¥1.85B	¥4.13B	-55.1%
Non-operating Expenses	¥3.89B	¥2.40B	+62.3%
Ordinary Income	¥13.13B	¥-18.93B	+169.3%
Profit Before Tax	¥14.68B	¥-14.11B	+204.0%
Income Tax Expense	¥4.33B	¥-2.37B	+283.1%
Net Income	¥10.35B	¥-11.75B	+188.1%
Net Income Attributable to Owners	¥9.87B	¥-11.77B	+183.8%
Total Comprehensive Income	¥13.41B	¥-13.59B	+198.7%
Interest Expense	¥885M	¥1.03B	-14.1%
Basic EPS	¥59.08	¥-70.47	+183.8%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥1.23T	¥1.29T	¥-58.07B
Cash and Deposits	¥122.05B	¥126.70B	¥-4.65B
Accounts Receivable	¥460.44B	¥460.44B	¥0
Inventories	¥66.47B	¥69.22B	¥-2.75B
Non-current Assets	¥726.53B	¥677.87B	+¥48.66B

Profitability Ratios

Item	Value
Net Profit Margin	2.8%
Gross Profit Margin	17.4%
Current Ratio	130.8%
Quick Ratio	123.7%
Debt-to-Equity Ratio	3.28x
Interest Coverage Ratio	17.14x
Effective Tax Rate	29.5%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+18.3%
Operating Income YoY Change	+173.4%
Ordinary Income YoY Change	+169.3%
Profit Before Tax YoY Change	+204.0%
Net Income YoY Change	+188.1%
Net Income Attributable to Owners YoY Change	+183.8%

Item	Value
Shares Outstanding (incl. Treasury)	167.08M shares
Treasury Stock	39K shares
Average Shares Outstanding	167.04M shares
Book Value Per Share	¥2,730.97

Dividend Information

Item	Current	Prior	YoY %
Net Sales	¥355.63B	¥300.60B	+18.3%
Cost of Sales	¥293.60B	¥278.36B	+5.5%
Gross Profit	¥62.03B	¥22.24B	+178.8%
SG&A Expenses	¥46.86B	¥42.91B	+9.2%
Operating Income	¥15.17B	¥-20.66B	+173.4%
Non-operating Income	¥1.85B	¥4.13B	-55.1%
Non-operating Expenses	¥3.89B	¥2.40B	+62.3%
Ordinary Income	¥13.13B	¥-18.93B	+169.3%
Profit Before Tax	¥14.68B	¥-14.11B	+204.0%
Income Tax Expense	¥4.33B	¥-2.37B	+283.1%
Net Income	¥10.35B	¥-11.75B	+188.1%
Net Income Attributable to Owners	¥9.87B	¥-11.77B	+183.8%
Total Comprehensive Income	¥13.41B	¥-13.59B	+198.7%
Interest Expense	¥885M	¥1.03B	-14.1%
Basic EPS	¥59.08	¥-70.47	+183.8%
Dividend Per Share	¥0.00	¥0.00	-

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥1.53T
Operating Income Forecast	¥40.00B
Ordinary Income Forecast	¥28.00B
Net Income Attributable to Owners Forecast	¥19.00B
Basic EPS Forecast	¥113.36
Dividend Per Share Forecast	¥20.00