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

Shin-Etsu Chemical (OTCMKTS:SHECY) announced its quarterly earnings results on Friday. The basic materials company reported $0.22 earnings per share 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 8.3%

Shares of OTCMKTS:SHECY traded down $1.75 during trading on Friday, hitting $19.46. The company had a trading volume of 1,353,539 shares, compared to its average volume of 473,671. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.26 and a quick ratio of 4.66. Shin-Etsu Chemical has a one year low of $13.64 and a one year high of $24.74. The stock has a market cap of $77.26 billion, a price-to-earnings ratio of 23.17 and a beta of 1.32. The company has a fifty day simple moving average of $22.42 and a two-hundred day simple moving average of $20.49.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised 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, Based on data from MarketBeat, Shin-Etsu Chemical has a consensus rating of “Hold”.

Shin-Etsu Chemical Company Profile

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.