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OTCMKTS:SHECY

Shin-Etsu Chemical (SHECY) Stock Price, News & Analysis

$19.44
+0.10 (+0.52%)
(As of 06/7/2024 ET)
Today's Range
$18.94
$20.16
50-Day Range
$18.34
$21.42
52-Week Range
$13.65
$23.04
Volume
145,799 shs
Average Volume
347,615 shs
Market Capitalization
$77.83 billion
P/E Ratio
21.60
Dividend Yield
0.62%
Price Target
N/A
SHECY stock logo

About Shin-Etsu Chemical Stock (OTCMKTS:SHECY)

Shin-Etsu Chemical Co., Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments. In addition, it offers cellulose derivatives, synthetic pheromones, aroma chemicals, dielectric and LED/ semiconductor materials, silanes, photoresists, chlorides, caustic soda, liquid fluoroelastomers, polyvinyl chloride and vinyl acetate resin, silicones, and silicones processed goods. Further, the company offers pellicles, photomask blanks, synthetic quartz/ quartz cloth, pyrolytic boron nitride, LIB anode material, and silicon metal. Additionally, it provides rare earth magnets, compound semiconductors, and oxide single crystals. The company was formerly known as Shin-Etsu Nitrogen Fertilizer Co., Ltd. and changed its name to Shin-Etsu Chemical Co., Ltd. in 1940. Shin-Etsu Chemical Co., Ltd. was incorporated in 1926 and is headquartered in Tokyo, Japan.

SHECY Stock Price History

SHECY Stock News Headlines

Shin-Etsu Chemical Co. Ltd.
Stocks Mixed After 40000 Milestone
Dow Futures Edge Lower After 40000 Milestone
Stocks, Bitcoin Open Tuesday Higher
Shin-Etsu Chemical Co Ltd ADR (SHECY)
SHECY Shin-Etsu Chemical Co., Ltd.
Shin-Etsu Chemical Co., Ltd. (SHECY)
Shin-Etsu Chemical Co. Ltd. ADR
Nikkei Down 1.0%, Dragged by Electronics, Tech Stocks
Shin-Etsu Chemical earnings preview: what Wall Street is expecting
SHECF Shin-Etsu Chemical Co., Ltd.
Stocks Mixed at Friday’s Open
Nikkei Gains 0.9% on Chip Strength, Weaker Yen
Nikkei Rises 0.9% as Yen Gives Up Some Gains
Shin-Etsu Chemical Co Ltd DR SHECY
Shin-Etsu Chemical Co Ltd DR
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
6/09/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:SHECY
Employees
25,717
Year Founded
1926

Profitability

Net Income
$3.60 billion
Pretax Margin
32.95%

Debt

Sales & Book Value

Annual Sales
$16.73 billion
Cash Flow
$1.28 per share
Book Value
$7.42 per share

Miscellaneous

Outstanding Shares
4,003,380,000
Free Float
N/A
Market Cap
$77.83 billion
Optionable
Not Optionable
Beta
1.23

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Key Executives

  • Mr. Yasuhiko Saitoh (Age 69)
    President & Representative Director
    Comp: $1.38M
  • Mr. Masahiko Todoroki
    Senior Managing Corporate Officer & Director
  • Mr. Susumu Ueno (Age 81)
    Senior Managing Corporate Officer, GM of Silicone Division & Director
    Comp: $578.43k
  • Mr. Toshiyuki Kasahara
    Corporate Officer and General Manager of Finance & Accounting Department
  • Yukihito Adachi
    General Manager of Public Relations Department
  • Mr. Masaki Miyajima
    Managing Corporate Officer
  • Mr. Fumio Arai
    Managing Corporate Officer
  • Yukihiro Matsui
    Managing Corporate Officer
  • Mr. Toshiya Akimoto
    Managing Corporate Officer and GM of Office for Digitization & Digitalization

Should I Buy Shin-Etsu Chemical Stock? SHECY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Shin-Etsu Chemical Co., Ltd.:

  • Shin-Etsu Chemical Co., Ltd. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a solid track record of dividend payments, providing investors with a reliable income stream.
  • Shin-Etsu Chemical Co., Ltd. has a low debt-to-equity ratio, signifying a healthy financial structure and lower risk.
  • With a diversified product portfolio and global presence, the company is well-positioned to capitalize on various market opportunities.
  • The current stock price of Shin-Etsu Chemical Co., Ltd. is trading at an attractive valuation compared to its industry peers, presenting a potential value investment opportunity.

Cons

Investors should be bearish about investing in Shin-Etsu Chemical Co., Ltd. for these reasons:

  • Despite its strong financials, Shin-Etsu Chemical Co., Ltd. operates in a cyclical industry prone to economic downturns, which could impact its performance.
  • The company's heavy reliance on a specific market or product could expose it to risks associated with market fluctuations or regulatory changes.
  • Shin-Etsu Chemical Co., Ltd. faces competition from both domestic and international players, potentially affecting its market share and profitability.
  • Investors should closely monitor any currency exchange rate fluctuations as Shin-Etsu Chemical Co., Ltd. operates globally, which could impact its financial results.
  • Market volatility and geopolitical uncertainties could pose challenges for Shin-Etsu Chemical Co., Ltd.'s growth and expansion strategies.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these Shin-Etsu Chemical pros and cons to contact@marketbeat.com.

SHECY Stock Analysis - Frequently Asked Questions

How have SHECY shares performed in 2024?

Shin-Etsu Chemical's stock was trading at $20.90 at the beginning of 2024. Since then, SHECY stock has decreased by 7.0% and is now trading at $19.44.
View the best growth stocks for 2024 here
.

Are investors shorting Shin-Etsu Chemical?

Shin-Etsu Chemical saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 500 shares, a decline of 94.6% from the April 30th total of 9,200 shares. Based on an average trading volume of 384,500 shares, the short-interest ratio is currently 0.0 days.
View Shin-Etsu Chemical's Short Interest
.

How were Shin-Etsu Chemical's earnings last quarter?

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) announced its earnings results on Thursday, April, 25th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter. The basic materials company earned $3.99 billion during the quarter. Shin-Etsu Chemical had a trailing twelve-month return on equity of 11.96% and a net margin of 21.63%.

Is Shin-Etsu Chemical a good dividend stock?

Shin-Etsu Chemical (OTCMKTS:SHECY) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.60%. The dividend payout ratio is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHECY will have a dividend payout ratio of 10.08% next year. This indicates that the company will be able to sustain or increase its dividend.

When did Shin-Etsu Chemical's stock split?

Shin-Etsu Chemical's stock split on the morning of Wednesday, April 5th 2023. The 2.5-1 split was announced on Wednesday, April 5th 2023. The newly created shares were distributed to shareholders after the closing bell on Wednesday, April 5th 2023. An investor that had 100 shares of stock prior to the split would have 250 shares after the split.

How do I buy shares of Shin-Etsu Chemical?

Shares of SHECY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:SHECY) was last updated on 6/9/2024 by MarketBeat.com Staff

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