About
About Shinhokoku Steel Corporation
Shinhokoku Material Corp. engages in the manufacture and sale of special alloy materials and precision-machined products in Japan. The company operates through two segments, Special Alloy Business and Real Estate Rental Business. It offers low thermal expansion alloy castings for semiconductor and FPD manufacturing equipment industries; heat resistance casting alloy; wear resistant casting alloy; high-temperature and high-strength alloy castings for the steel industry; alloy for grate of incinerator/alloy for furnace bottom air nozzle of biomass power generation boiler; steel sheets; precision processed parts for semiconductor and FPD manufacturing equipment; and forged products, including bars, wires, etc. The company also provides steel pipe manufacturing tools, and forging and pressing products. In addition, it is involved in real estate leasing business. The company was formerly known as Shinhokoku Steel Corporation and changed its name to Shinhokoku Material Corp. in October 2021. Shinhokoku Material Corp. was founded in 1939 and is headquartered in Kawagoe, Japan.
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5 years, 4 months ago
Shinhokoku Steel Corporation is currently in a long term uptrend where the price is trading 3.5% above its 200 day moving average.
From a valuation standpoint, the stock is 58.8% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 1.2.
Shinhokoku Steel Corporation's total revenue sank by 6.5% to $959M since the same quarter in the previous year.
Its net income has increased by 71.4% to $55M since the same quarter in the previous year.
Based on the above factors, Shinhokoku Steel Corporation gets an overall score of 2/5.