Shin-Etsu Chemical (OTCMKTS:SHECY) Releases Earnings Results

Shin-Etsu Chemical (OTCMKTS:SHECY) released its earnings results on Friday. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, Zacks reports. Shin-Etsu Chemical had a return on equity of 10.67% and a net margin of 18.50%. Shin-Etsu Chemical updated its FY 2027 guidance to 0.450-0.450 EPS.

Shin-Etsu Chemical Trading Down 5.3%

Shin-Etsu Chemical stock traded down $1.11 during trading hours on Friday, reaching $20.09. 1,343,388 shares of the company’s stock were exchanged, compared to its average volume of 473,234. The firm’s 50 day simple moving average is $22.42 and its 200 day simple moving average is $20.49. Shin-Etsu Chemical has a twelve month low of $13.64 and a twelve month high of $24.74. The company has a quick ratio of 4.66, a current ratio of 6.26 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $79.78 billion, a PE ratio of 23.92 and a beta of 1.32.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Shin-Etsu Chemical to a “hold” rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Shin-Etsu Chemical

Shin-Etsu Chemical is a large Japanese chemical company that manufactures a broad range of basic and specialty chemical products for industrial and technology customers. The company is known for production of polyvinyl chloride (PVC) and related vinyl products, silicones and silicone-based compounds, and high-purity silicon materials used in semiconductor and photovoltaic industries. Its product mix spans commodity chemicals for construction and plumbing as well as higher-margin specialty materials for electronics and precision manufacturing.

Key product lines include PVC resins and compounds for infrastructure and building applications; silicones and silicone elastomers used across automotive, healthcare and consumer markets; and semiconductor-grade silicon and silicon wafers that supply chipmakers and solar-cell manufacturers.