Page: Company Financials
NCD Co., Ltd.
$3,290.00
+75.00 (2.33%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Stock Price | 2,646.50 | 2,027.25 | 997.50 | 689.00 |
| Market Capitalization | 21,648.80M | 16,582.13M | 8,105.89M | 5,560.97M |
| (-) Cash & Equivalents | 7,688.05M | 6,176.49M | 4,559.42M | 3,644.53M |
| (+) Total Debt | 1,335.79M | 1,147.38M | 1,250.48M | 1,433.89M |
| Enterprise Value | 15,296.54M | 11,553.02M | 4,796.95M | 3,350.33M |
Income Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30,364M | 26,740M | 30,107M | 25,482M | 22,854M | 20,550M | 17,563M | 18,390M |
| Cost of Revenue | 23,806M | 21,132M | 23,542M | 20,319M | 19,014M | 17,293M | 15,055M | 15,247M |
| Gross Profit | 6,558M | 5,608M | 6,565M | 5,163M | 3,840M | 3,257M | 2,508M | 3,143M |
| Gross Profit Margin | 21.6% | 21.0% | 21.8% | 20.3% | 16.8% | 15.9% | 14.3% | 17.1% |
| R&D Expenses | 0M | 0M | 42M | 0M | 0M | 1M | 0M | 5M |
| SG&A Expenses | 3,866M | 3,257M | 3,755M | 3,047M | 2,644M | 2,354M | 2,265M | 2,206M |
| Operating Expenses | 3,866M | 3,256M | 3,755M | 3,047M | 2,644M | 2,354M | 2,265M | 2,131M |
| Operating Income (EBIT) | 2,691M | 2,352M | 2,810M | 2,115M | 1,196M | 903M | 243M | 1,012M |
| Operating Income Margin | 8.9% | 8.8% | 9.3% | 8.3% | 5.2% | 4.4% | 1.4% | 5.5% |
| Interest Income | 4M | 4M | 4M | 4M | 1M | 0M | 0M | 0M |
| Interest Expense | 24M | 23M | 24M | 24M | 25M | 22M | 20M | 17M |
| Net Interest Income | -20M | -19M | -19M | -19M | -24M | -22M | -20M | -17M |
| Unusual Items | 48M | 11M | 62M | -3M | -189M | -112M | 43M | 6M |
| EBT Excluding Unusual Items | 2,672M | 2,332M | 2,790M | 2,096M | 1,172M | 881M | 223M | 995M |
| Pre-Tax Income | 2,720M | 2,343M | 2,852M | 2,093M | 984M | 769M | 266M | 1,001M |
| Pre-Tax Margin | 9.0% | 8.8% | 9.5% | 8.2% | 4.3% | 3.7% | 1.5% | 5.4% |
| Income Tax Expense | 898M | 783M | 935M | 693M | 303M | 299M | 112M | 349M |
| Net Income | 1,809M | 1,548M | 1,906M | 1,388M | 672M | 458M | 146M | 648M |
| Net Income Margin | 6.0% | 5.8% | 6.3% | 5.4% | 2.9% | 2.2% | 0.8% | 3.5% |
| Depreciation & Amortization | 422M | 277M | 406M | 360M | 338M | 278M | 264M | 204M |
| EBITDA | 3,113M | 2,628M | 3,216M | 2,475M | 1,534M | 1,181M | 506M | 1,216M |
| EBITDA Margin | 10.3% | 9.8% | 10.7% | 9.7% | 6.7% | 5.7% | 2.9% | 6.6% |
| NOPAT | 1,803M | 1,566M | 1,888M | 1,415M | 827M | 552M | 140M | 659M |
| NOPAT Margin | 5.9% | 5.9% | 6.3% | 5.6% | 3.6% | 2.7% | 0.8% | 3.6% |
| Owner's Earnings | 2,231M | 1,824M | 2,073M | 1,522M | 373M | 191M | 102M | 456M |
| Owner's Earnings Margin | 7.3% | 6.8% | 6.9% | 6.0% | 1.6% | 0.9% | 0.6% | 2.5% |
| EPS (Basic) | 221.10 | 189.39 | 232.95 | 170.29 | 83.31 | 56.78 | 18.11 | 81.60 |
| EPS (Diluted) | 221.18 | 189.38 | 232.95 | 170.40 | 83.32 | 56.79 | 18.12 | 81.60 |
| Shares (Basic) | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M |
| Shares (Diluted) | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 7,808.88M | 7,567.23M | 7,567.23M | 5,912.65M | 3,913.48M | 3,928.74M | 2,835.11M | 2,420.60M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 200.07M | 0.00M | 0.00M | 0.00M | 190.21M |
| Cash & Short-Term Investments | 7,808.88M | 7,567.23M | 7,567.23M | 6,112.72M | 3,913.48M | 3,928.74M | 2,835.11M | 2,610.81M |
| Net Receivables | 3,513.48M | 4,191.80M | 4,191.80M | 3,978.42M | 3,749.00M | 3,335.21M | 3,292.92M | 3,472.53M |
| Inventory | 339.69M | 317.63M | 317.63M | 415.69M | 263.32M | 209.19M | 185.68M | 223.10M |
| Other Current Assets | 616.84M | 509.63M | 509.63M | 538.58M | 516.86M | 477.15M | 454.82M | 338.45M |
| Total Current Assets | 12,278.89M | 12,586.28M | 12,586.28M | 11,045.41M | 8,442.66M | 7,950.28M | 6,768.53M | 6,644.88M |
| Property, Plant & Equipment | 1,254.56M | 1,293.06M | 1,293.06M | 1,508.81M | 1,486.42M | 1,421.58M | 1,233.32M | 1,385.65M |
| Goodwill | 62.71M | 73.16M | 73.16M | 114.97M | 0.00M | 10.67M | 21.34M | 32.01M |
| Intangible Assets | 199.26M | 197.52M | 197.52M | 209.28M | 239.08M | 213.18M | 150.20M | 80.00M |
| Long-Term Investments | 2,028.20M | 235.73M | 235.73M | 4.37M | 345.74M | 331.24M | 1,394.58M | 1,954.30M |
| Tax Assets | 0.00M | 1,274.49M | 1,274.49M | 1,266.21M | 1,052.75M | 988.70M | 825.13M | 939.85M |
| Other Non-Current Assets | 0.00M | 435.57M | 435.57M | 750.97M | 684.37M | 975.70M | 423.13M | 606.25M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 3,544.73M | 3,509.53M | 3,509.53M | 3,854.62M | 3,808.36M | 3,941.07M | 4,047.70M | 4,998.05M |
| Total Assets | 15,823.62M | 16,095.81M | 16,095.81M | 14,900.03M | 12,251.02M | 11,891.35M | 10,816.23M | 11,642.93M |
| Accounts Payable | 943.74M | 1,069.64M | 1,069.64M | 1,110.43M | 1,010.31M | 929.85M | 699.05M | 812.27M |
| Short-Term Debt | 700.00M | 799.87M | 799.87M | 852.00M | 807.37M | 807.37M | 1,237.37M | 992.30M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 614.03M | 202.87M | 451.28M | 46.56M | 169.74M |
| Deferred Revenue | 0.00M | 278.64M | 278.64M | 223.16M | 1,476.32M | 1,345.68M | 448.51M | 169.74M |
| Other Current Liabilities | 3,208.59M | 1,290.16M | 1,290.16M | 1,438.89M | -104.84M | -160.74M | 456.41M | 805.72M |
| Total Current Liabilities | 4,852.33M | 3,438.31M | 3,438.31M | 4,238.50M | 3,392.02M | 3,373.43M | 2,887.89M | 2,949.77M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 55.80M | 0.00M | 0.00M | 0.00M | 30.00M |
| Capital Lease Obligations | 0.00M | 785.76M | 785.76M | 1,111.50M | 1,508.53M | 1,752.80M | 1,972.72M | 1,854.73M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 101.41M | 69.63M | 49.89M | 41.98M | 34.56M | 25.19M |
| Other Non-Current Liabilities | 2,297.27M | 2,104.51M | 2,104.51M | 1,997.30M | 1,513.01M | 1,576.44M | 1,401.40M | 0.00M |
| Total Non-Current Liabilities | 2,297.27M | 2,890.26M | 2,991.68M | 3,234.22M | 3,071.44M | 3,371.22M | 3,408.68M | 1,909.91M |
| Total Liabilities | 7,149.59M | 6,328.57M | 6,429.98M | 7,472.72M | 6,463.45M | 6,744.65M | 6,296.56M | 4,859.68M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 438.75M | 438.75M | 438.75M | 438.75M | 438.75M | 438.75M | 438.75M | 438.75M |
| Retained Earnings | 6,293.20M | 6,365.15M | 6,365.15M | 5,007.65M | 3,842.03M | 3,282.57M | 2,933.55M | 2,900.02M |
| Accumulated OCI | 72.92M | 191.55M | 191.55M | 110.06M | 35.00M | 26.00M | 83.00M | -28.34M |
| Minority Interest | 71.73M | 68.34M | 68.34M | 56.87M | 44.30M | 36.28M | 24.99M | 16.90M |
| Total Shareholders’ Equity | 6,804.87M | 6,995.45M | 6,995.45M | 5,556.46M | 4,315.78M | 3,747.32M | 3,455.30M | 3,310.43M |
| Total Equity | 6,876.60M | 7,063.80M | 7,063.80M | 5,613.33M | 4,360.07M | 3,783.60M | 3,480.29M | 3,327.32M |
| Total Liabilities & Equity | 14,026.20M | 13,392.36M | 13,493.78M | 13,086.05M | 10,823.52M | 10,528.25M | 9,776.86M | 8,187.01M |
| Tangible Assets | 15,561.65M | 15,825.12M | 15,825.12M | 14,575.77M | 12,011.94M | 11,667.49M | 10,644.69M | 11,530.92M |
| Tangible Equity | 6,614.63M | 6,793.11M | 6,793.11M | 5,289.08M | 4,120.99M | 3,559.75M | 3,308.75M | 3,215.31M |
| Tangible Book Value | 6,614.63M | 6,793.11M | 6,793.11M | 5,289.08M | 4,120.99M | 3,559.75M | 3,308.75M | 3,215.31M |
| Total Investments | 2,028.20M | 235.73M | 235.73M | 204.44M | 345.74M | 331.24M | 1,394.58M | 2,144.50M |
| Net Debt | -7,108.88M | -6,767.36M | -6,767.36M | -5,004.85M | -3,106.11M | -3,121.37M | -1,597.74M | -1,398.30M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | 6,805.3M | 6,844.9M | 6,844.9M | 5,253.7M | 3,693.6M | 3,228.9M | 2,791.9M | 2,333.5M |
| Total Capital | 8,681.1M | 9,371.3M | 9,371.3M | 8,367.3M | 7,316.9M | 6,992.4M | 7,350.1M | 7,607.7M |
| Capital Employed | 10,350.1M | 10,354.4M | 10,354.4M | 9,108.3M | 7,502.0M | 7,170.0M | 6,839.6M | 7,331.5M |
| Invested Capital | 872.2M | 1,804.1M | 1,804.1M | 2,454.6M | 3,403.4M | 3,063.6M | 4,515.0M | 5,187.1M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 1,808.67M | 1,547.52M | 1,905.58M | 2,093.09M | 672.00M | 458.00M | 145.00M | 648.00M |
| Depreciation & Amortization | 0.00M | 0.00M | 405.91M | 359.62M | 337.65M | 277.89M | 263.82M | 204.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | -49.83M | 419.08M | -347.99M | 664.25M | -151.38M | -445.00M |
| Accounts Receivable | 0.00M | 0.00M | -313.54M | 89.00M | -661.00M | -175.00M | 16.15M | -89.00M |
| Inventory | 0.00M | 0.00M | 97.85M | -114.13M | -54.08M | -23.45M | 37.40M | -35.00M |
| Accounts Payable | 0.00M | 0.00M | -40.80M | 63.16M | 78.94M | 230.25M | -106.93M | 43.29M |
| Other Working Capital | 0.00M | 0.00M | 206.66M | 381.05M | 288.92M | 633.24M | -98.00M | -321.00M |
| Other Non-Cash Items | -1,808.67M | -1,547.52M | 8.56M | -297.34M | -93.60M | 518.22M | -38.98M | -31.00M |
| Net Cash from Operating Activities | 0.00M | 0.00M | 2,270.22M | 2,574.45M | 568.06M | 1,918.35M | 218.46M | 376.00M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -303.99M | -183.00M | -636.73M | -545.12M | -307.67M | -396.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 347.53M | 163.31M | 473.59M | 348.49M | 200.37M | 14.67M |
| Purchases of Investments | 0.00M | 0.00M | -135.00M | -123.50M | -122.00M | -102.00M | -177.08M | -329.60M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 436.55M | 125.72M | 122.00M | 202.14M | 253.28M | 416.20M |
| Other Investing Activities | 0.00M | 0.00M | 15.93M | -82.04M | -8.55M | 48.22M | 173.82M | 130.73M |
| Net Cash from Investing Activities | 0.00M | 0.00M | 361.02M | -99.51M | -171.69M | -48.26M | 142.73M | -164.00M |
| Net Debt Issuance | 0.00M | 0.00M | -408.79M | 14.82M | -302.95M | -430.00M | 215.07M | -135.00M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -375.46M | -11.01M | -302.95M | -30.00M | -85.00M | -135.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | -33.33M | 25.83M | 0.00M | -400.00M | 300.07M | 0.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -538.82M | -229.89M | -110.69M | -111.38M | -109.58M | -108.97M |
| Common Dividends Paid | 0.00M | 0.00M | -538.82M | -229.89M | -110.69M | -111.38M | -109.58M | -108.97M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | -0.89M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 0.00M | 0.00M | -0.15M | -293.43M | 0.00M | -238.45M | -166.71M | -126.03M |
| Net Cash from Financing Activities | 0.00M | 0.00M | -947.75M | -508.50M | -413.63M | -779.83M | -61.21M | -370.00M |
| Effect of FX on Cash | 0.00M | 0.00M | 4.09M | 1.74M | 2.00M | 3.36M | 0.54M | 0.00M |
| Net Change in Cash | 0.00M | 0.00M | 1,687.58M | 1,968.17M | -15.26M | 1,093.62M | 300.51M | -2,737.90M |
| Cash at Beginning of Period | 0.00M | 0.00M | 5,767.65M | 3,799.48M | 3,814.74M | 2,721.11M | 2,420.60M | 2,579.90M |
| Cash at End of Period | 0.00M | 0.00M | 7,455.23M | 5,767.65M | 3,799.48M | 3,814.74M | 2,721.11M | -158.00M |
| Operating Cash Flow | 0.00M | 0.00M | 2,270.22M | 2,574.45M | 568.06M | 1,918.35M | 218.46M | 376.00M |
| Capital Expenditure | 0.00M | 0.00M | -238.60M | -225.74M | -636.73M | -545.12M | -307.67M | -396.00M |
| Free Cash Flow | 0.00M | 0.00M | 2,031.61M | 2,348.71M | -68.66M | 1,373.23M | -89.22M | -20.00M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 3,113.34M | 2,627.81M | 3,173.75M | 2,475.08M | 1,533.80M | 1,180.21M | 506.37M | 1,136.00M |
| (-) Tax Adjustment | 1,028.11M | 878.30M | 1,040.59M | 818.97M | 472.60M | 413.07M | 177.23M | 396.07M |
| (-) Change In Working Capital | 0.00M | 0.00M | -49.83M | 419.08M | -347.99M | 664.25M | -151.38M | -445.00M |
| (-) Capital Expenditure | 0.00M | 0.00M | -238.60M | -225.74M | -636.73M | -545.12M | -307.67M | -396.00M |
| Unlevered Free Cash Flow | 2,085.23M | 1,749.51M | 1,944.39M | 1,011.29M | 772.47M | -442.23M | 172.84M | 788.93M |
| (-) Net Interest Income After Taxes | -13.20M | -12.91M | -13.07M | -12.98M | -16.41M | -14.50M | -12.96M | -11.22M |
| Net Debt Issuance | 0.00M | 0.00M | -408.79M | 14.82M | -302.95M | -430.00M | 215.07M | -135.00M |
| Levered Free Cash Flow | 2,098.42M | 1,762.42M | 1,548.67M | 1,039.09M | 485.94M | -857.73M | 400.87M | 665.16M |