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Harima Chemicals Group, Inc is currently in a long term downtrend where the price is trading 10.3% below its 200 day moving average.
From a valuation standpoint, the stock is 47.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
Harima Chemicals Group, Inc's total revenue sank by 13.5% to $16B since the same quarter in the previous year.
Its net income has dropped by 36.3% to $406M since the same quarter in the previous year.
Based on the above factors, Harima Chemicals Group, Inc gets an overall score of 1/5.
ISIN | JP3772600007 |
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Industry | Specialty Chemicals |
Sector | Basic Materials |
CurrencyCode | JPY |
Exchange | TSE |
Beta | 0.06 |
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Market Cap | 21B |
Dividend Yield | 4.3% |
Target Price | None |
PE Ratio | 12.4 |
Harima Chemicals Group, Inc. primarily manufactures and sells various chemicals in Japan, China, rest of Asia, South and North America, Europe, and internationally. The company operates through Resin & Tall Oil Products, Paper Chemicals, Electronics Materials, and Lawter segments. The Resin & Tall Oil Products segment offers printing ink resins that are used to display information and colors in newspapers, magazines, flyers, and posters; paint resins to protect various objects from rust and deterioration, and enhance the appearance of man-made objects, such as automobiles, industrial products, buildings, and everyday items; adhesive resins; and synthetic rubber emulsifiers. The Paper Chemicals segment provides paper chemicals comprising sizing agents for preventing water-based inks from bleeding; paper strengthening agents for structural fortification; coating agents that are used for enhancing and reinforcing paper surfaces; and pitch control agents. The Electronics Materials segment offers electronic materials, which include solder pastes and conductive pastes that are used to mount microchips and form electronic circuits; and aluminum brazing materials for use in the manufacture of aluminum products. The Lawter segment manufactures and sells adhesive resin and printing ink resins. It also manufactures and sells industrial detergents, etc.; and provides real estate management services. The company was formerly known as Harima Chemicals, Inc. and changed its name to Harima Chemicals Group, Inc. in October 2012. Harima Chemicals Group, Inc. was incorporated in 1947 and is headquartered in Tokyo, Japan.
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