Honma Golf Ltd.

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Business Summary

Honma Golf Ltd. operates as a holding company, which manufactures and sells golf club and golf equipment. Its products include golf clubs, caddy bags, bags, head covers, shoes, gloves, caps, visors, golf wear, golf balls and other accessories. The company was founded on October 7, 2013 and is headquartered in Minato, Japan.

Financial Highlights

Mar 2022	HKD	USD
Revenue	2,006.93M	257.81M
Gross Profit	1,022.07M	131.29M
Operating income	381.86M	49.05M
Income before tax	523.72M	67.27M
Net income	428.88M	55.09M
EBITDA	498.06M	63.98M
Diluted EPS	0.70	0.09
Dividends Per Share	0.21	0.02
Total Assets	2,672.99M	341.31M
Total liabilities	1,037.18M	132.43M
Total equity	1,638.75M	209.25M
Operating cash flow	407.72M	52.37M
	Currency in HKD	Currency in USD

Historical Data

HKD | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,852.84M	1,963.84M	1,710.13M	1,661.91M	2,006.93M
Gross Profit	1,125.78M	1,135.48M	871.17M	764.41M	1,022.07M
Operating income	425.93M	369.91M	27.63M	94.77M	381.86M
Income before tax	378.67M	396.31M	-25.71M	176.92M	523.72M
Net income	277.21M	297.67M	-52.65M	135.89M	428.88M
EBITDA	451.64M	400.84M	134.71M	232.38M	498.06M
Diluted EPS	0.45	0.48	-0.08	0.22	0.70
Dividends Per Share	0.22	0.24	0.22	0.23	0.21
Total Assets	2,670.96M	2,772.15M	2,792.73M	2,567.57M	2,672.99M
Total liabilities	604.28M	701.75M	1,266.04M	1,067.48M	1,037.18M
Total equity	2,070.00M	2,073.63M	1,529.96M	1,503.30M	1,638.75M
Operating cash flow	136.32M	184.50M	40.16M	293.73M	407.72M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	237.26M	250.42M	218.78M	214.36M	257.81M
Gross Profit	144.15M	144.79M	111.45M	98.59M	131.29M
Operating income	54.54M	47.17M	3.53M	12.22M	49.05M
Income before tax	48.49M	50.53M	-3.28M	22.82M	67.27M
Net income	35.49M	37.95M	-6.73M	17.52M	55.09M
EBITDA	57.83M	51.11M	17.23M	29.97M	63.98M
Diluted EPS	0.05	0.06	-0.01	0.02	0.09
Dividends Per Share	0.02	0.03	0.02	0.03	0.02
Total Assets	340.32M	353.14M	360.31M	330.25M	341.31M
Total liabilities	76.99M	89.39M	163.34M	137.30M	132.43M
Total equity	263.75M	264.15M	197.39M	193.36M	209.25M
Operating cash flow	17.45M	23.52M	5.13M	37.88M	52.37M

Valuation Measures

Mar 2022
PER	4.41
ROA	16.36%
ROE	27.29%
Operating margin	19.02%
Profit margin	21.37%

Key executives

President & Executive Director: Yasuki Ito
Chief Financial Officer: Weiwen Bian
Executive Director & Chief Administrative Officer: Zuo Jun
Executive Director & GM-Domestic Sale Division: Yuji Murai
Secretary: Ying Man Sham

Shareholders

LIU JIAN GUO /HONMA GOLF/ (38.7%)
ITOCHU Corp. (6.3%)
Norges Bank Investment Management (3.0%)
FIL Investment Management (Hong Kong) Ltd. (1.6%)
Dimensional Fund Advisors LP (0.3%)
Amundi Asset Management US, Inc. (0.2%)
Dimensional Fund Advisors Ltd. (0.0%)

Contact Details

Website:http://www.honmagolf.com

Related Companies

Seiyou Holdings Ltd.

Competitors

Fusheng Precision Co. Ltd.

Last Updated on 1 Feb, 2023