HWARF Dividend: Heiwa Real Estate Co Ltd Yield Insights

Income

Balance sheet

Cash flow

Annual

Quarterly

HWARF Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	03/31/2025	03/31/2024	03/31/2023	03/31/2022	03/31/2021
Revenue	45,134	42,075	44,433	44,522	57,818	35,048
Revenue Growth (YoY)	28.99%	-5%	0%	-23%	65%	-25%
Cost of Revenue	25,368	23,028	25,863	28,242	40,126	19,687
Gross Profit	19,766	19,047	18,570	16,280	17,692	15,361
Selling, General & Admin	6,056	5,850	5,547	5,495	5,076	4,132
Research & Development	--	--	--	--	--	--
Operating Expenses	6,058	5,851	5,548	5,496	5,077	4,133
Other Non Operating Income (Expenses)	-211	-149	-245	-146	-113	-55
Pretax Income	14,454	12,434	12,409	13,260	12,544	10,216
Income Tax Expense	3,972	2,868	3,959	4,123	3,839	3,097
Net Income	10,481	9,565	8,450	9,137	8,705	7,118
Net Income Growth	101%	13%	-8%	5%	22%	1%
Shares Outstanding (Diluted)	66.8	67.57	71.57	71.86	73.53	75.02
Shares Change (YoY)	0%	-6%	0%	-2%	-2%	-2%
EPS (Diluted)	156.89	141.54	118.05	127.13	118.37	94.87
EPS Growth	101%	20%	-7%	7%	25%	3%
Free Cash Flow	-17,407	-8,568	1,320	-16,660	14,347	-22,833
Free Cash Flow Per Share	-260.57	-126.78	18.44	-231.81	195.09	-304.32
Gross Margin	43.79%	45.26%	41.79%	36.56%	30.59%	43.82%
Operating Margin	30.37%	31.36%	29.3%	24.22%	21.81%	32.03%
Profit Margin	23.22%	22.73%	19.01%	20.52%	15.05%	20.3%
Free Cash Flow Margin	-38.56%	-20.36%	2.97%	-37.41%	24.81%	-65.14%
EBITDA	19,339	18,874	18,807	16,452	18,033	16,305
EBITDA Margin	42.84%	44.85%	42.32%	36.95%	31.18%	46.52%
D&A For EBITDA	5,631	5,678	5,785	5,668	5,418	5,077
EBIT	13,708	13,196	13,022	10,784	12,615	11,228
EBIT Margin	30.37%	31.36%	29.3%	24.22%	21.81%	32.03%
Effective Tax Rate	27.48%	23.06%	31.9%	31.09%	30.6%	30.31%