Shin-Etsu Chemical (OTCMKTS:SHECY) Announces Quarterly Earnings Results

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

Shin-Etsu Chemical Trading Down 12.8%

OTCMKTS:SHECY opened at $18.49 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.66 and a current ratio of 6.26. The firm has a market cap of $73.41 billion, a price-to-earnings ratio of 22.01 and a beta of 1.32. Shin-Etsu Chemical has a 52 week low of $13.64 and a 52 week high of $24.74. The firm has a 50-day moving average price of $22.34 and a two-hundred day moving average price of $20.48.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on Shin-Etsu Chemical

Shin-Etsu Chemical Company Profile

(Get Free Report)

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.

Read More

Earnings History for Shin-Etsu Chemical (OTCMKTS:SHECY)

Receive News & Ratings for Shin-Etsu Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shin-Etsu Chemical and related companies with MarketBeat.com's FREE daily email newsletter.