1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Sanden Corporation

Sanden Corporation

SAEOF
Sanden CorporationUS flagOther OTC
3.60
USD
- -
- -
401.22MMarket Cap
Sanden Corporation
SAEOF
(Other OTC)

Recent

price

3.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7,141.53
7,920.54
7,861.34
8,870.67
10,027.2
11,111.9
10,651.91
10,210.64
10,407.13
9,902.16
7,391.08
4,953.24
1,576.41
1,608.6
1,651.56
1,712.66
1,668.61
Revenue per Share
179.18
222.65
44.17
39.77
213.22
201.98
252.15
-814.07
153.97
-833.57
82.5
-1,630.38
-14.47
-30.14
-6.98
2.46
-22.83
Basic EPS, GAAP
401.39
26.7
-605.63
-486.68
195.45
100.56
-209.5
-133.4
-75.74
-427.85
-152.78
-169.52
-144.59
-22.83
-130.1
-61.97
- -
Free Cash Flow per Basic Share
- -
24.84
37.46
37.46
49.66
50.02
49.99
75.48
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,649.56
1,844.18
1,856.43
1,867.18
2,017.07
2,152.82
2,355.22
1,465.53
1,618.92
777.94
858.91
-717.24
44.65
14.5
7.53
9.98
18.99
Book Value per Share
1,692.84
1,756.8
1,683.82
1,824.47
2,240.58
2,564.7
2,555.74
1,619.49
1,703.88
703.44
670.56
-640.28
199.45
174.08
197.6
237.42
212.84
Tangible Book Value per Share
27
27
27
27
27
28
28
28
28
28
28
28
111
111
111
111
111
Basic Weighted Avg Shares
194,696
216,539
214,282
241,780
274,786
306,984
294,237
282,061
287,609
273,934
204,880
137,477
175,683
179,279
183,848
190,875
185,967
Sales/Revenue/Turnover
2.67
2.48
0.33
-0.37
1.77
3.06
1.87
0.56
1.9
0.32
-1.66
-13.43
-3.26
-6.15
-3.51
-0.79
-5.38
Operating Margin (%)
10,692
9,541
9,171
9,194
10,188
11,854
12,540
12,359
11,150
10,960
10,101
8,620
4,462
4,965
5,913
7,062
- -
Depreciation Expense
4,885
6,087
1,204
1,084
5,843
5,580
6,965
-22,488
4,255
-23,060
2,287
-45,251
-1,613
-3,359
-777
274
-2,544
Net Income, GAAP
- -
- -
42.23
0.62
1.87
23.9
2.63
- -
24.02
- -
58.47
- -
- -
- -
212.55
39.07
112.77
Effective Tax Rate (%)
2.51
2.81
0.56
0.45
2.13
1.82
2.37
-7.97
1.48
-8.42
1.12
-32.92
-0.92
-1.87
-0.42
0.14
-1.37
Profit Margin (%)
28,511
14,125
742
12,577
23,559
27,826
14,368
-16,264
9,136
-18,298
-15,383
-49,076
-21,404
-34,787
-39,156
-38,453
-39,454
Working Capital
60,845
42,661
33,900
56,654
66,685
67,717
60,421
49,428
68,234
59,745
37,395
24,030
4,763
4,225
6,339
8,881
3,600
LT Debt
47,232
49,329
48,199
52,961
65,651
75,677
75,503
49,159
50,957
23,538
22,699
-16,956
23,366
20,836
23,582
28,126
25,456
Total Equity
- -
- -
0.29
-0.55
2.59
3.63
2.57
- -
2.24
- -
-0.95
- -
- -
- -
7.97
-0.88
- -
Return on Invested Capital (%)
- -
- -
1.91
2.21
4.66
3.79
4.4
- -
3.12
- -
3.06
- -
- -
- -
-3.69
1.52
0.36
Return on Capital (%)
15.56
12.76
2.38
2.14
11.01
9.73
11.19
-42.61
9.99
-69.6
10.09
- -
- -
-101.91
-63.33
28.1
-75.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
57,900
59,419
60,361
LT Borrowings
822
788
852
LT Finance Leases
3,403
3,093
2,748
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
96,647
97,278
97,727
Cash, Cash Equivalents & STI
22,749
19,051
16,602
Accounts Receivable, Net
47,008
50,126
51,550
Inventories
31,339
32,173
34,358
Total Current Liabilities
131,434
134,665
137,181
Payables & Accruals
- -
- -
- -
ST Debt
57,900
59,419
60,361
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-47.97%
-78.18%
19.27%
Free Cash Flow
59.98%
117.27%
-52.31%
Net Income, GAAP
-354.78%
-455.79%
-135.26%
Sales/Revenue/Turnover
-3.3%
0.66%
3.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
42,744
44,745
44,226
47,564
179,279
2024
46,453
47,724
- -
- -
183,848
2025
- -
- -
- -
- -
190,875

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
4.41
- -
- -
- -
-30.14
2024
2.68
- -
- -
- -
-6.98
2025
- -
- -
- -
- -
2.46

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Sanden Corporation (6444:JP; SAEOF:US), a leading manufacturer of automotive thermal management systems and air conditioning components, develops, produces and sells compressors, HVAC units, heat exchangers, electric coolant heaters and integrated thermal management systems (ITMS) for passenger vehicles, commercial trucks, buses, construction and agricultural equipment worldwide; its automotive equipment segment, which accounts for the majority of revenues, encompasses mechanical compressors including wobble plate fixed displacement and swash plate variable displacement types, electric compressors (EC), CO2 compressors, heat pumps, condensers, evaporators and related system components such as pipes and oils, with cumulative global compressor production exceeding 400 million units and a world number two market share in certain categories. Founded on July 30, 1943 and headquartered in Isesaki, Gunma, Japan, the company operates 46 sites across 22 countries in Asia, Europe, the Americas and Japan, serving major OEMs including top battery electric vehicle (BEV) producers in China (such as BYD), Europe (Volkswagen, Stellantis) and North America (Tesla); it maintains a subsidiary relationship with Hisense Japan Automotive Air-Conditioning Systems Corporation following a 2021 capital tie-up with Hisense Home Appliances Group, changed its name from Sanden Holdings Corporation in January 2022, and launched the SHIFT2028 medium-term management plan in February 2024 targeting JPY 300 billion in sales by 2028 through NEV-focused growth. Recent developments include acquiring commercial rights for electric compressors and HVAC from two emerging North American EV makers in June 2024, starting mass production of 800V high-voltage electric coolant heaters in China in April 2024, launching next-generation electric compressor lines in Europe in May 2024, expanding HVAC capacity to 4.5 million units annually in China in March 2024, introducing high-durability low-CO2 compressors for North American trucks in January 2024, forming an ITMS collaboration with Vitesco Technologies announced in May 2024, and exhibiting at CES 2025 with Hisense; the company continues heavy investments in EV/ITMS production across five global poles, procurement synergies with Hisense, and sustainability initiatives like SBT-certified GHG reductions and CSRD compliance.