TSE: 7012 - Kawasaki Heavy Industries, Ltd.

Yield per half year: +50.3%
Dividend yield: +1.93%
Sector: Industrials

Reporting Kawasaki Heavy Industries, Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Капитализация, млрд ¥							611.81
Выручка, млрд ¥	1 594.74	1 641.34	1 488.49	1 500.88	1 725.61	1 849.29	1 849.29	1641.12	2.41
Чистая прибыль, млрд ¥	27.45	18.66	-17.49	21.8	53.03	25.38	25.38	20.28	6.34
EV, млрд ¥	821.15	658.37	892.32	758.55	1 131.52	1 597.03	1 597.03	1007.56	19.39
EBIT, млрд ¥	38.9	42.85	3.82	47.33	80.08	49.24	49.24	44.66	2.82
EBITDA, млрд ¥	97.92	104.14	65.08	124.33	157.46	130.22	130.22	116.25	4.57
Баланс стоимость, млрд ¥	476.39	455.63	465.33	479.18	576.2	634.09	634.09	522.09	6.83
FCF, млрд ¥	26.93	-87.41	-17.09	82.03	-46.33	-64.88	-64.88	-26.7360	-5.79
Операционный денежный поток, млрд ¥	109.76	-15.46	34.6	144.43	23.62	31.66	31.66	43.77	-215.41
Операционная прибыль, млрд ¥	64.03	42.85	3.82	45.81	82.36	36.19	36.19	42.21	-3.32
Операционные расходы, млрд ¥	204.05	208.46	196.47	210.77	254.78	276.04	276.04	229.30	5.78
CAPEX, млрд ¥	82.84	71.95	51.69	62.4	69.94	96.54	96.54	70.50	6.06

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Выручка, млрд ¥	409.4	436.58	82 980.99	405.34	364	459.73	620.22	444.23	439.96	523.18	497.46	2.62
Чистая прибыль, млрд ¥	18.31	28.75	81.06	9.09	-32.44	9.87	38.86	15.38	-1.71	30.5	18.58	25.31
EV, млрд ¥	305	1 280.85	174 041.54	1 350.91	1 373.47	1 391.82	1 597.08	1 757.37	1 824.82	2 180.48	1750.31	9.39
EBIT, млрд ¥	26.24	47.12	473.48	4.16	-43.55	33.98	42.3	11.12	28.09	26.29	28.36	-5.00
EBITDA, млрд ¥	45.54	65.52	3 827.66	25.55	-21.41	51.48	62.26	32	50.06	48.84	48.93	-1.05
Баланс стоимость, млрд ¥	540.43	558.9	90 337.48	584.77	561.83	568.78	634.09	656.81	639.94	667.78	633.48	3.26
FCF, млрд ¥	-18.72	-57.84	16 546.69	-41.45	-22.44	-114.59	113.6	0.99	-81.28	-65.38	-29.3320	-10.62
Операционный денежный поток, млрд ¥	-8.04	-43.09	21 437.48	-22.43	6.99	-82.48	129.58	23.62	-60.58	-41.25	-6.2220	-12.94
Операционная прибыль, млрд ¥	26.24	50.05	230.47	10.25	-43.1	33.59	41.62	11.58	27.96	-39.54	15.04	-203.32
Операционные расходы, млрд ¥	56.85	59.62	13 311.04	61.93	65.87	68.37	79.85	73.84	73.26	146.76	88.42	16.51
CAPEX, млрд ¥	10.68	14.76	4 890.79	19.02	29.44	32.11	15.98	22.63	20.7	24.13	23.11	-5.55

	5 quarters average	CAGR 5

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Наличность, млрд ¥	74.31	106.11	126.7	114.47	138.42	84.15	84.15	113.97	-4.53
Short Term Investments ¥	0.093	0.135	0.155	156.5	10.74	11.02	11.02	35.71	141.20
Total Receivables ¥	423.87	473.2	460.44	418.63	630.37	681.03	681.03	532.73	7.55
Total Current Assets ¥	1 136.34	1 258.78	1 285.41	1 297.78	1 570.35	1 726.93	1 726.93	1427.85	6.53
Чистые активы, млрд ¥	1 136.34	1 258.78	1 285.41	444.26	519.43		519.43	928.84	-14.49
Активы, млрд ¥	1 838.85	1 957.85	1 963.28	2 022.75	2 457.73	2 680.18	2 680.18	2216.36	6.48
Short Term Debt ¥	110.34	187.73	172.64	117.28	340.18	453.69	453.69	254.30	19.30
Long Term Debt ¥	327.57	348.86	398.71	448.59	437.76		437.76	392.30	5.97
Задолженность, млрд ¥	1 346.59	1 486.28	1 480.5	1 524.23	1 860.85	2 025.63	2 025.63	1675.50	6.39
Чистый долг, млрд ¥	365.11	431.35	444.65	387.01	646.84	761.08	761.08	534.19	12.03
Долг, млрд ¥	439.42	537.46	571.35	565.87	785.26	845.23	845.23	661.03	9.48
Расходы на обслуживание долга ¥	3.43	3.62	3.79	3.4	14.3	17.26	17.26	8.47	36.67
Чист. проц. доходы, млрд ¥	0.909	0.695	0.677	1.11	2.29	3.04	2.29	1.56	34.33
Амортизация, млрд ¥	59.02	61.28	61.26	77	77.37	80.98	80.98	71.58	5.73
Себестоимость, млрд ¥		1 370.81	1 297.32	1 244.3	1 391.79	1 537.05	1 537.05	1368.25	2.32
Товарно материальные запасы ¥	592.82	631.66	658.54	658.68	690.43	710.21	710.21	669.90	2.37

	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Наличность, млрд ¥			83.04	88	21 701.65	91.88	85.41	102.02	84.15	102.86	127.39	129.05	109.09	4.81
Short Term Investments ¥		12.58	8.73	14.58	1 683.99	9.28	10.71	13.75	11.02	33.23		16.26	16.99	8.71
Total Receivables ¥			559.77	620.68	98 830.31	625.06	640.11	697.38	819.89	653.67	571.95	882.62	725.10	4.82
Total Current Assets ¥			1 459.87	1 570.09	246 201.34	1 567.59	1 603.82	1 710.57	1 726.93	1 828.01	1 851.11	2 058.54	1835.03	3.77
Чистые активы, млрд ¥	1 297.78	1 382.01	1 459.87	507.79	81 437.17	529.09							17063.19	-17.47
Активы, млрд ¥			2 331.83	2 436.45	385 325.05	2 480.77	2 556.48	2 663.21	2 680.18	2 815.38	2 819.24	3 045.77	2804.76	2.72
Short Term Debt ¥				412.76	53 333.2	409.78	470.72	572.05	453.69	539.75	638.26	747.98	590.35	5.51
Long Term Debt ¥			432.7	430.2	68 633								23165.30	441.31
Задолженность, млрд ¥			1 772.88	1 859.15	291 746.9	1 875.53	1 974.74	2 073.89	2 025.62	2 137.58	2 157.28	2 355.47	2149.97	2.58
Чистый долг, млрд ¥			-83.04	754.96	101 412.03	735.59	767.17	869.39	761.08	797.09	852.45	960.94	848.19	2.02
Долг, млрд ¥	501.48			842.95	123 113.68	827.46	852.59	971.41	845.23	899.95	979.84	1 089.99	957.28	2.33
Расходы на обслуживание долга ¥	0.845	1.5	2	13.87	654.88	3.15	6.34	17.05	3.52	4.76			6.96	8.61
Чист. проц. доходы, млрд ¥	0.441	7.51	1.1	13.87	145.49	1 232.14			0.933				278.71	-3.24
Амортизация, млрд ¥			18.57	18.4	3 354.18	21.39	22.13	17.49	19.96	20.88	21.97	22.55	20.57	5.21
Себестоимость, млрд ¥						339.25	341.68	357.37	498.75	358.81	338.74	415.95	393.92	3.08
Товарно материальные запасы ¥			702.41	729.48	108 246.59	719.18	753.35	776.94	710.21	775.32	820.74	863.03	789.25	2.12

	5 quarters average	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	164.34	111.72	-104.68	130.26	316.63	151.51		151.51	121.09	6.28
Цена акции ао				3090	3119	7280	9420	9420	5727.25	32.14
Число акций ао, млн	167.05	167.04	167.04	167.36	167.48	167.49		167.49	167.28	0.05
FCF/акцию	161.19	-523.26	-102.31	490.14	-276.62	-387.37		-387.37	-159.8840	-5.84

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	5 quarters average	CAGR 5
EPS	109.3	171.65	483.97	54.27	-193.66	58.9	231.98	91.79	-10.2	182.05		110.90	25.32
Цена акции ао											9420	9420.00	0.00
FCF/акцию	-111.75	-345.36	630.16	-247.51	-134	-684.11	678.21	5.91	-485.23	-390.26		-175.0960	-10.62

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	5.83	4	-3.8	4.62	10.05	4.19		4.19	10.47	3.81	0.93
ROA, %	1.52	0.9831	-0.8919	1.09	2.37	0.9878		0.9878	5.54	0.9078	0.10
ROIC, %		1.89	-1.54	2.89	4.88			4.91	9.74	2.03	26.76
ROS, %		1.14	-1.3	1.45	3.07	1.37	1.37	1.37	6.74	1.19	-201.05
ROCE, %	3.99	4.24	0.3653	4.57	6.97	4.32	7.52	7.52	13.17	4.75	83.11
Ebit margin, %		3.78	-0.7322	3.15	4.64	2.66	2.66	2.66		2.48	-229.43
Рентаб EBITDA, %	6.14	6.34	4.37	8.28	9.12	7.04	7.04	7.04	13.97	7.17	10.01
Чистая рентаб, %	1.72	1.14	-1.17	1.45	3.07	1.37		1.37	6.74	1.17	3.74
Operation Margin, %		3.78	-0.3564	3.05	4.77	1.96	1.96	1.96	8.83	2.28	-240.63

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q2	Industry average	5 quarters average	CAGR 5
ROE, %	3.8	5.64	0.0963	1.63	-5.71	1.73	6.7	2.58	-0.2777	4.79		10.47	3.10	22.59
ROA, %	0.7996	1.21	0.0211	0.3681	-1.29	0.378	1.45	0.5595	-0.0606	1.04		5.54	0.6734	22.44
ROIC, %				1.3	-2.24	0.8454	2.64	1.29	-0.0888	2.37		9.74	1.41	22.90
ROS, %				2.24	-8.91	2.15	6.27	3.46	-0.3882	5.83	1.37	6.74	3.31	-26.23
ROCE, %		4.3	0.2688	0.3669	-3.88	3.05	3.8	0.9996	2.51	2.34	7.52	13.17	3.43	14.63
Ebit margin, %				1.03	-11.96	7.39	6.82	2.5	6.39	5.03	2.66		4.68	-17.16
Рентаб EBITDA, %		15.01	4.61	6.3	-5.88	11.2	10.04	7.2	11.38	9.34	7.04	13.97	9.00	-6.85
Чистая рентаб, %	4.47	6.58	0.1	2.24	-8.91	2.15	6.27	3.46	-0.3882	5.83		6.74	3.46	22.08
Operation Margin, %				2.53	-11.84	7.31	6.71	2.61	6.35	-7.56	1.96	8.83	2.01	-21.82

	Industry average	5 quarters average	CAGR 5

Coefficients

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E	16.61	12.16		17.04	9.14	32.94		32.94	83.04	17.58	14.68
P/BV	0.9264	0.4814	0.9273	0.7453	0.812	1.28		1.28	68.03	0.8492	21.60
P/S	0.286	0.1383	0.3008	0.2475	0.2809	0.452		0.452	67.55	0.2839	26.73
P/FCF					-13.21	-9.43	-9.43	-9.43	46.84	-10.6900	-10.63
E/P					0.0867	0.0415	0.0415	0.0415	0.42	0.0566	-21.78
EV/EBIT		10.61	-81.87	16.03	14.13	32.43	32.43	32.43		2.63	-183.09
EV/EBITDA	8.39	6.32	13.71	6.1	7.19	12.26		12.26	76.17	9.12	14.17
EV/S		0.4011	0.5995	0.5054	0.6557	0.8636	0.8636	0.8636	67.57	0.6976	7.57
EV/FCF		-7.53	-52.21	9.25	-24.42	-24.61	-24.61	-24.61	18.74	-23.3200	-13.97
Debt/EBITDA	4.49	5.16	8.78	4.55	4.99	6.49	6.49	6.49	2.58	6.26	-5.87
Netdebt/Ebitda		4.14	6.83	3.11	4.11	5.84	5.84	5.84	0.07	5.15	-3.08
Debt/Ratio		0.2741	0.291	0.2798	0.3195	0.3154	0.3154	0.3154	0.16	0.3042	1.62
Debt/Equity		1.18	1.23	1.18	1.36	1.33	3.09	3.09	0.88	1.64	20.23
Debt/Net Income		28.75	-29.55	25.96	14.81	33.31	33.31	33.31	5.17	15.57	-202.42
PEG							0.104	0.104		0.1040	0.00
Бета					-1.03	9.17	-2.58	-2.58	22.42	1.85	35.81
Индекс Альтмана					-1.09	1.51	1.54	1.54	7.70	0.6533	-212.21

	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	Industry average	5 quarters average	CAGR 5
P/E	17.01	24.46	9.44	7.85	8.74	10.86		-40.29	32.95	30.33		14.69			83.04	9.71	6.23
P/BV			0.6942	0.911	0.7761	1.02	1.04	0.8865	1.28	1.42	1.47	1.77			68.03	1.37	14.83
P/S			0.2453	0.3171	0.2685	0.3456	0.3494	0.2971	0.452	0.5086	0.4951	0.6014			67.55	0.4708	15.15
P/FCF														-9.43	46.84	-9.4300	0.00
E/P														0.0415	0.42	0.0415	0.00
EV/EBIT						324.66	-31.54	40.96	37.76	158.08	64.96	82.93		32.43		75.23	-3.00
EV/EBITDA			3.22	8.55	6.69	8.44	14.58	17.37	13.55	14.14	9.32	11.29			76.17	13.13	-8.26
EV/S						3.33	3.77	3.03	2.58	3.96	4.15	4.17		0.8636	67.57	3.14	-19.66
EV/FCF						-32.59	-61.2	-12.15	14.06	1775.12	-22.45	-33.35		-24.61	18.74	341.75	-211.85
Debt/EBITDA				12.87	32.16	32.38	-39.82	18.87	13.57	28.13	19.57	22.32		6.49	2.58	18.02	-13.72
Netdebt/Ebitda						28.79	-35.83	16.89	12.22	24.91	17.03	19.67		5.84	0.07	15.93	-13.73
Debt/Ratio						0.3336	0.3335	0.3647	0.3154	0.3197	0.3476	0.3579		0.3154	0.16	0.3312	0.00
Debt/Equity						1.42	1.52	1.71	1.33	1.37	1.53	1.63		3.09	0.88	1.79	18.36
Debt/Net Income						91.04	-26.29	98.46	21.75	58.53	-573.68	35.74		33.31	5.17	-84.8700	8.90
PEG														0.104		0.1040	0.00
Бета													-7.28	-2.58	22.42	-4.9300	-40.47
Индекс Альтмана													1.54	1.54	7.70	1.54	0.00

Dividends

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
Див.выплата, млрд		10.87	11.71	0.059	3.38	8.38	13.42			13.42		7.39	2.76
Дивиденд	23	65	70	35	20	50	80	100	70	140		64.00	28.47
Див доход, ао, %	0.6174	2.46	2.85	2.18	1.02	3.2	3.04	1.91	1.95	1.93	4.38	2.22	13.84
Дивиденды / прибыль, %			39.59	62.75	-17.5	15.52	15.81	52.86		52.86	37.78	25.89	-3.37
Dividend Coverage Ratio									1.89	1.89		1.89	0.00

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q2	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд	0.269	4.63	62.87	9.33	0.712	3.16	0.219	4.77	0.27	11.11			3.91	28.59
Дивиденды / прибыль, %	1.47	16.11	77.56	102.64	-2.2	31.98	0.5636	31	-15.81	36.42		37.78	16.83	2.63
Dividend Coverage Ratio											1.89		1.89	0.00

	Industry average	5 quarters average	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	2024	CAGR 5
Персонал, чел	38254	38254	0.00

	CAGR 5

	CAGR 5