Analysis Raysum Co., Ltd. (8890)
6/2/2024
Analysis of Raysum Co., Ltd. (8890)
Raysum Co., Ltd. has been showing some fluctuations in its stock price recently. The Relative Strength Index (RSI) values have been relatively low, indicating a potential oversold condition in the market. The Moving Average Convergence Divergence (MACD) indicator has been negative, suggesting a bearish trend in the stock price.The stock has been trading below its Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) in the past few days, indicating a downward trend. The stock price has been struggling to break above these moving averages, which could signal further downside potential.
Overall, based on the technical indicators, it seems that Raysum Co., Ltd. may be facing some selling pressure in the market. Investors may want to closely monitor the stock price movement and wait for a potential reversal signal before making any investment decisions.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating a potential need for cost management or pricing strategies.
3. The gross profit margin has remained relatively stable over the years, suggesting that the company has been able to maintain profitability despite the increase in sales and costs.
4. Operating income has shown a positive trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020, indicating improved operational efficiency.
5. Net income has also been increasing, from $57.4 billion in 2020 to $97 billion in 2023, showing overall growth in profitability.
6. Earnings per share (EPS) have shown a slight fluctuation but have generally increased over the years, indicating improved earnings distribution to shareholders.
7. The company has been able to manage its tax expenses effectively, with a relatively stable income tax rate over the years.
8. Overall, the financial performance of the company in terms of revenue and profitability has been positive and shows a growth trajectory.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets have fluctuated but generally show an increasing trend.
3. Non-current assets have also been increasing steadily.
4. Total liabilities have been increasing, but at a slower pace compared to total assets.
5. Shareholders' equity has been increasing over the years.
6. The company has been investing more in non-current assets and retaining earnings to increase shareholders' equity.
7. The company seems to be in a stable financial position with a healthy balance between assets and liabilities.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion and total debt of $104.59 billion, resulting in a current ratio of 1.037. The company's book value per share is $4.837, total cash per share is $4.379, and total debt to equity ratio is 140.968.In terms of profitability, the company has a profit margin of 26.31% and an operating margin of 30.74%. The fiscal year ends on September 30, 2023. The company generated $131.39 billion in EBITDA, $381.62 billion in revenue, and $100.39 billion in net income to common shareholders. The most recent quarter ended on March 31, 2024, with a return on assets of 22.07% and a return on equity of 147.25%.
Looking at stock statistics, the short ratio is 1.53, with 99.29 million shares shorted out of 15.31 billion float shares. The company has 15.33 billion shares outstanding, with 5.22% held by insiders and 57.59% held by institutions. The stock price summary includes a beta of 1.264, a 50-day moving average of $176.26, and a 200-day moving average of $181.04. The 52-week price range is between $164.08 and $199.62.
In terms of valuation metrics, the company has a PEG ratio of 26.32, forward P/E ratio of 26.32, and trailing P/E ratio of 29.59. The enterprise value is $2.95 trillion, with a price-to-book ratio of 39.34, price-to-sales ratio of 7.65, enterprise-to-EBITDA ratio of 22.76, and enterprise-to-revenue ratio of 7.73. The market capitalization is $2.92 trillion.
Lastly, the company's dividends and splits information show a payout ratio of 14.93%, with a forward annual dividend rate of $1 and a trailing annual dividend rate of $0.97. The company's dividend yield is 0.53% on a forward basis and 0.51% on a trailing basis. The dividend date is May 16, 2024, with an ex-dividend date of May 10, 2024. The last split date was on August 31, 2020, with a 4-for-1 split.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2021.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company seems to be managing its cash flow effectively, with a focus on operational efficiency and strategic investments.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This is also an increase from the EPS of $1.35 in the same quarter last year.
3. Looking at the estimates for the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This reflects growth compared to the EPS of $5.67 from the previous fiscal year.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This indicates a potential increase from the EPS of $6.10 in the current fiscal year.
Overall, the analysts' estimates suggest a positive outlook for the company's earnings per share, showing growth potential in both the upcoming quarters and fiscal years.
Revenue estimate
Based on analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $77,545,400,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 25.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $85,501,800,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 25.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $357,772,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 38.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $380,772,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 38.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company over the specified periods.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. It indicates a steady but slightly slower growth trajectory in the future.
Price target
Based on the analysts' forecast, the future price of the security is expected to range between $164 (low) and $250 (high), with a median estimate of $200 and an average estimate of $202.26. The current price of the security is $191.57.MACD of 8890
This is not investment advice. Remember to verify the information provided here.
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