sasebo heavy industries co
(QSA:Frankfurt)
sasebo heavy industries co (QSA) Snapshot
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Open
€0.95
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Previous Close
€0.90
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Day High
€0.95
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Day Low
€0.95
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52 Week High
03/21/13 - €1.01
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52 Week Low
10/24/12 - €0.62
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Market Cap
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Average Volume 10 Days
0.0
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EPS TTM
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Shares Outstanding
0.0
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EX-Date
03/27/14
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P/E TM
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Dividend
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Dividend Yield
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Sasebo Heavy Industries Co., Ltd. engages in the building, conversion, and repair of merchant and naval ships, special work boats, and other ships and vessels. It constructs oil tankers and bulk carriers, as well as general cargo ships, refrigerated cargo carriers, RO-RO ships, container carriers, liquefied petroleum and energy gas vessels, naval ships for the Japanese defense agency, and vessels and boats for the Japan coast guard. The company provides various ship repairing and conversion services, including modifications, alterations, hull extension work, and the inspection of large ships. Its marine-use machinery products comprise boilers; tank systems; stabilizers; and forgings, such as crankshafts and propeller shafts for use in ships. The company also offers sea berths, pontoons, ramp ways, buoys, and floating breakwaters to ports and harbors; industrial chemical equipment comprising pressure vessels, distillation towers, heat exchangers, dryers, and LNG/LEG/LPG tanks; Steel plant machinery and equipment, including various processing lines, coil transporting facilities, steel bar rolling and bundling mills, and slab inverting and transporting facilities; storage tanks, boilers, steel structures, cranes, smoke stacks, and circulation piping products for generation plants; and water gates, water pipes, and penstocks for general steel structures. In addition, it sells steel materials, nonferrous metals, paints, and materials for civil engineering, petroleum, petroleum products, gas, fertilizers, and foodstuff sectors. The company was formerly known as Sasebo Senpaku Kogyo Kabushiki Kaisha and changed its name to Sasebo Heavy Industries Co., Ltd. in July 1961. Sasebo Heavy Industries Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
sasebo heavy industries co (QSA) Key Developments
Sasebo Heavy Industries Co., Ltd. announced that they will report fiscal year 2013 results on May 17, 2013
Sasebo Heavy Industries Co., Ltd. announced that the company has regretfully made a resolution not to pay a year-end dividend for the year ending March 31, 2013. This is the result of a comprehensive consideration of securing internal reserves and strengthening the financial standing of the Company, in order to prepare for further challenges caused by changes in the business environment in the future.
Sasebo Heavy Industries Co., Ltd. revised the earnings guidance or the year ending March 31, 2013. For the year, the company revised net sales to JPY 35,500 million against JPY 40,000 million of previous guidance. Operating loss was revised to JPY 1,400 million against JPY 3,000 million of previous guidance. Ordinary loss was revised to JPY 900 million against JPY 3,300 of previous guidance. Net loss was revised to JPY 600 million or 3.74 yens per share against JPY 3,300 million or 20.56 yens per share of previous guidance. The company expects net sales to decline by approximately ¥4,500 million, because of a fall in net sales of the shipbuilding business due mainly to sluggish growth in construction volume at the naval and ship repair businesses, together with a fall in net sales of the machinery business due to a decline in sales of marine equipment in line with stagnation in the new shipbuilding market. On the other hand, with respect to profits, the company expects that its losses will be reduced considerably by the rapid correction of the appreciation of the yen since the end of last year.
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Industry Analysis
QSA
Industry Average
| Valuation | QSA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.4x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact SASEBO HEAVY INDUSTRIES CO, please visit www.ssk-sasebo.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.
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