Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Logo

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd

000922.SZ

(2.2)
Stock Price

8,83 CNY

6.47% ROA

12.66% ROE

15.65x PER

Market Cap.

6.100.584.490,00 CNY

7.38% DER

1.16% Yield

10.04% NPM

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Stock Analysis

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROE

The stock's ROE falls within an average range (13.13%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (7.03%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.05x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (85) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Revenue
Year Revenue Growth
1996 199.276.637
1997 212.598.674 6.27%
1998 232.073.781 8.39%
1999 232.053.282 -0.01%
2000 216.221.117 -7.32%
2001 247.094.332 12.49%
2002 255.164.980 3.16%
2003 252.160.426 -1.19%
2004 246.203.695 -2.42%
2005 106.940.075 -130.23%
2006 157.510.475 32.11%
2007 128.405.459 -22.67%
2008 129.831.514 1.1%
2009 125.468.982 -3.48%
2010 150.750.207 16.77%
2011 121.342.928 -24.23%
2012 2.950.473.925 95.89%
2013 2.673.892.436 -10.34%
2014 2.052.091.270 -30.3%
2015 1.505.026.292 -36.35%
2016 1.266.494.823 -18.83%
2017 1.588.159.706 20.25%
2018 1.948.037.921 18.47%
2019 2.103.171.552 7.38%
2020 2.368.753.865 11.21%
2021 3.045.636.832 22.22%
2022 3.579.140.698 14.91%
2023 3.737.872.648 4.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 29.769.279 100%
2013 21.121.007 -40.95%
2014 9.809.123 -115.32%
2015 22.364.804 56.14%
2016 12.814.663 -74.53%
2017 8.746.959 -46.5%
2018 6.933.713 -26.15%
2019 22.842.494 69.65%
2020 27.680.325 17.48%
2021 27.226.717 -1.67%
2022 82.138.397 66.85%
2023 120.597.147 31.89%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 24.821.927
1997 25.136.505 1.25%
1998 22.846.279 -10.02%
1999 38.734.130 41.02%
2000 26.934.909 -43.81%
2001 22.716.660 -18.57%
2002 37.396.673 39.25%
2003 39.652.907 5.69%
2004 44.240.513 10.37%
2005 72.280.955 38.79%
2006 -23.591.446 406.39%
2007 44.925.333 152.51%
2008 41.589.458 -8.02%
2009 42.753.262 2.72%
2010 32.101.265 -33.18%
2011 37.362.082 14.08%
2012 44.069.495 15.22%
2013 27.342.214 -61.18%
2014 31.248.865 12.5%
2015 30.600.700 -2.12%
2016 20.264.753 -51%
2017 19.535.971 -3.73%
2018 38.176.824 48.83%
2019 22.711.214 -68.1%
2020 38.732.058 41.36%
2021 33.370.365 -16.07%
2022 34.084.766 2.1%
2023 290.322.436 88.26%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd EBITDA
Year EBITDA Growth
1996 62.007.967
1997 70.831.642 12.46%
1998 84.375.342 16.05%
1999 64.661.020 -30.49%
2000 60.579.172 -6.74%
2001 61.215.582 1.04%
2002 43.750.067 -39.92%
2003 46.828.530 6.57%
2004 34.303.907 -36.51%
2005 -49.061.137 169.92%
2006 -24.146.108 -103.18%
2007 -25.418.025 5%
2008 -14.863.616 -71.01%
2009 -17.250.513 13.84%
2010 25.366.081 168.01%
2011 -23.020.073 210.19%
2012 291.688.141 107.89%
2013 102.724.718 -183.95%
2014 69.770.599 -47.23%
2015 -86.364.557 180.79%
2016 -43.039.317 -100.66%
2017 194.080.369 122.18%
2018 355.634.218 45.43%
2019 423.120.257 15.95%
2020 354.477.539 -19.36%
2021 340.274.942 -4.17%
2022 519.056.423 34.44%
2023 385.442.113 -34.67%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Gross Profit
Year Gross Profit Growth
1996 101.082.216
1997 108.815.276 7.11%
1998 113.404.406 4.05%
1999 111.988.493 -1.26%
2000 86.232.805 -29.87%
2001 91.932.042 6.2%
2002 85.836.945 -7.1%
2003 86.609.742 0.89%
2004 68.486.982 -26.46%
2005 4.586.713 -1393.16%
2006 -11.893.269 138.57%
2007 16.763.752 170.95%
2008 6.602.518 -153.9%
2009 12.469.226 47.05%
2010 32.421.672 61.54%
2011 18.020.613 -79.91%
2012 694.099.983 97.4%
2013 433.032.540 -60.29%
2014 368.133.870 -17.63%
2015 191.011.976 -92.73%
2016 210.130.720 9.1%
2017 464.276.173 54.74%
2018 740.919.858 37.34%
2019 722.381.273 -2.57%
2020 719.778.210 -0.36%
2021 610.225.327 -17.95%
2022 850.223.067 28.23%
2023 877.823.285 3.14%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Net Profit
Year Net Profit Growth
1996 43.851.164
1997 50.775.888 13.64%
1998 56.974.381 10.88%
1999 -27.616.623 306.3%
2000 27.833.093 199.22%
2001 25.046.340 -11.13%
2002 -33.759.358 174.19%
2003 5.216.264 747.19%
2004 1.529.840 -240.97%
2005 -92.645.586 101.65%
2006 -40.577.808 -128.32%
2007 6.403.057 733.73%
2008 -54.372.363 111.78%
2009 -55.582.005 2.18%
2010 3.331.749 1768.25%
2011 -46.622.610 107.15%
2012 191.302.395 124.37%
2013 11.058.208 -1629.96%
2014 -34.291.863 132.25%
2015 -248.590.135 86.21%
2016 -436.668.443 43.07%
2017 120.502.137 462.37%
2018 278.689.069 56.76%
2019 344.784.910 19.17%
2020 407.829.927 15.46%
2021 213.398.994 -91.11%
2022 351.121.775 39.22%
2023 333.838.895 -5.18%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 -1 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 1 0%
2021 0 0%
2022 1 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Free Cashflow
Year Free Cashflow Growth
1998 21.452.612
1999 14.750.065 -45.44%
2000 30.504.332 51.65%
2001 -146.625.710 120.8%
2002 8.955.112 1737.34%
2003 -24.433.673 136.65%
2004 -253.342.929 90.36%
2005 -21.561.434 -1074.98%
2006 -6.108.053 -253%
2007 76.892.402 107.94%
2008 -9.758.492 887.95%
2009 -14.380.637 32.14%
2010 -21.879.777 34.27%
2011 2.298.323 1051.99%
2012 7.678.087 70.07%
2013 65.833.563 88.34%
2014 -231.190.566 128.48%
2015 -97.009.018 -138.32%
2016 17.934.483 640.91%
2017 -23.183.602 177.36%
2018 113.862.918 120.36%
2019 208.442.924 45.37%
2020 444.129.603 53.07%
2021 43.522.742 -920.45%
2022 436.719.276 90.03%
2023 -33.974.872 1385.42%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Operating Cashflow
Year Operating Cashflow Growth
1998 23.222.578
1999 16.510.104 -40.66%
2000 66.315.509 75.1%
2001 34.620.802 -91.55%
2002 56.853.454 39.11%
2003 15.271.266 -272.29%
2004 -240.167.966 106.36%
2005 -19.359.291 -1140.58%
2006 -3.376.565 -473.34%
2007 76.986.755 104.39%
2008 -9.381.306 920.64%
2009 -13.733.036 31.69%
2010 -19.548.761 29.75%
2011 7.075.306 376.3%
2012 33.226.974 78.71%
2013 138.833.388 76.07%
2014 -59.010.105 335.27%
2015 -35.424.730 -66.58%
2016 67.825.884 152.23%
2017 11.701.670 -479.63%
2018 161.700.232 92.76%
2019 266.669.389 39.36%
2020 486.984.793 45.24%
2021 68.281.624 -613.2%
2022 509.807.779 86.61%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Capital Expenditure
Year Capital Expenditure Growth
1998 1.769.967
1999 1.760.038 -0.56%
2000 35.811.176 95.09%
2001 181.246.512 80.24%
2002 47.898.342 -278.4%
2003 39.704.940 -20.64%
2004 13.174.963 -201.37%
2005 2.202.143 -498.28%
2006 2.731.488 19.38%
2007 94.353 -2794.97%
2008 377.186 74.99%
2009 647.601 41.76%
2010 2.331.015 72.22%
2011 4.776.983 51.2%
2012 25.548.887 81.3%
2013 72.999.824 65%
2014 172.180.461 57.6%
2015 61.584.288 -179.59%
2016 49.891.401 -23.44%
2017 34.885.272 -43.02%
2018 47.837.315 27.08%
2019 58.226.465 17.84%
2020 42.855.190 -35.87%
2021 24.758.882 -73.09%
2022 73.088.503 66.12%
2023 33.974.872 -115.13%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Equity
Year Equity Growth
1996 168.181.423
1997 182.792.311 7.99%
1998 201.190.691 9.14%
1999 409.731.315 50.9%
2000 336.192.012 -21.87%
2001 361.992.369 7.13%
2002 330.961.208 -9.38%
2003 347.734.588 4.82%
2004 549.874.518 36.76%
2005 265.806.183 -106.87%
2006 170.837.590 -55.59%
2007 175.672.387 2.75%
2008 121.852.178 -44.17%
2009 65.973.372 -84.7%
2010 75.898.961 13.08%
2011 29.276.351 -159.25%
2012 1.385.722.345 97.89%
2013 1.388.324.604 0.19%
2014 2.118.836.314 34.48%
2015 1.870.246.178 -13.29%
2016 1.433.577.735 -30.46%
2017 1.554.079.872 7.75%
2018 1.832.768.940 15.21%
2019 2.180.071.083 15.93%
2020 2.556.095.407 14.71%
2021 2.686.787.452 4.86%
2022 3.004.105.352 10.56%
2023 3.218.335.862 6.66%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Assets
Year Assets Growth
1996 353.133.261
1997 359.310.970 1.72%
1998 377.766.550 4.89%
1999 730.974.102 48.32%
2000 741.473.135 1.42%
2001 795.173.007 6.75%
2002 903.992.261 12.04%
2003 962.320.853 6.06%
2004 1.010.136.789 4.73%
2005 937.652.823 -7.73%
2006 491.219.718 -90.88%
2007 507.708.958 3.25%
2008 384.776.442 -31.95%
2009 340.434.694 -13.03%
2010 333.602.696 -2.05%
2011 347.382.009 3.97%
2012 2.832.559.242 87.74%
2013 2.784.056.873 -1.74%
2014 3.798.425.643 26.7%
2015 3.247.596.339 -16.96%
2016 2.806.681.472 -15.71%
2017 2.748.401.699 -2.12%
2018 3.233.385.751 15%
2019 3.571.897.145 9.48%
2020 4.753.810.152 24.86%
2021 5.474.069.048 13.16%
2022 6.354.501.671 13.86%
2023 6.236.758.589 -1.89%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Liabilities
Year Liabilities Growth
1996 184.951.838
1997 176.518.659 -4.78%
1998 176.575.859 0.03%
1999 184.196.099 4.14%
2000 222.441.089 17.19%
2001 241.449.845 7.87%
2002 359.051.911 32.75%
2003 400.657.264 10.38%
2004 447.052.507 10.38%
2005 661.788.979 32.45%
2006 310.155.684 -113.37%
2007 323.831.389 4.22%
2008 254.862.824 -27.06%
2009 271.583.273 6.16%
2010 263.222.863 -3.18%
2011 326.354.811 19.34%
2012 1.445.577.602 77.42%
2013 1.395.732.270 -3.57%
2014 1.679.589.329 16.9%
2015 1.377.350.161 -21.94%
2016 1.373.103.737 -0.31%
2017 1.194.321.827 -14.97%
2018 1.400.616.811 14.73%
2019 1.391.826.063 -0.63%
2020 2.197.714.745 36.67%
2021 2.787.281.596 21.15%
2022 3.350.396.318 16.81%
2023 3.018.422.727 -11%

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.58
Net Income per Share
0.66
Price to Earning Ratio
15.65x
Price To Sales Ratio
1.55x
POCF Ratio
29.38
PFCF Ratio
76.69
Price to Book Ratio
1.92
EV to Sales
1.3
EV Over EBITDA
10.08
EV to Operating CashFlow
24.38
EV to FreeCashFlow
64.4
Earnings Yield
0.06
FreeCashFlow Yield
0.01
Market Cap
6,10 Bil.
Enterprise Value
5,12 Bil.
Graham Number
8.95
Graham NetNet
1.95

Income Statement Metrics

Net Income per Share
0.66
Income Quality
1
ROE
0.13
Return On Assets
0.06
Return On Capital Employed
0.13
Net Income per EBT
0.87
EBT Per Ebit
1.09
Ebit per Revenue
0.11
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.24
Operating Profit Margin
0.11
Pretax Profit Margin
0.12
Net Profit Margin
0.1

Dividends

Dividend Yield
0.01
Dividend Yield %
1.16
Payout Ratio
0.2
Dividend Per Share
0.12

Operating Metrics

Operating Cashflow per Share
0.35
Free CashFlow per Share
0.13
Capex to Operating CashFlow
-0.62
Capex to Revenue
-0.03
Capex to Depreciation
0
Return on Invested Capital
0.11
Return on Tangible Assets
0.06
Days Sales Outstanding
237.41
Days Payables Outstanding
205.53
Days of Inventory on Hand
118.47
Receivables Turnover
1.54
Payables Turnover
1.78
Inventory Turnover
3.08
Capex per Share
-0.22

Balance Sheet

Cash per Share
2,98
Book Value per Share
5,39
Tangible Book Value per Share
5.16
Shareholders Equity per Share
5.39
Interest Debt per Share
0.41
Debt to Equity
0.07
Debt to Assets
0.04
Net Debt to EBITDA
-1.92
Current Ratio
1.79
Tangible Asset Value
3,08 Bil.
Net Current Asset Value
2,29 Bil.
Invested Capital
0.07
Working Capital
2,35 Bil.
Intangibles to Total Assets
0.02
Average Receivables
2,48 Bil.
Average Payables
1,41 Bil.
Average Inventory
945062471.16
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Dividends
Year Dividends Growth
2001 0
2002 0 0%
2013 0 0%
2014 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Profile

About Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd manufactures and sells electric motors in the People's Republic of China. The company offers wind turbines, shielding products, and nuclear power products, as well as equipment. It also exports its products to 48 countries and regions. The company was formerly known as Acheng Relay Co., Ltd. and changed its name to Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd in September 2012. The company is based in Jiamusi, the People's Republic of China.

CEO
Mr. Qinghai Jiang
Employee
1.830
Address
No. 247, Chang'an East Road
Jiamusi, 154002

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Executives & BODs

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Executives & BODs
# Name Age
1 Ms. Hongxia Wang
Board Secretary
70
2 Mr. Fengxiao Hao
Deputy General Manager
70
3 Mr. Qinghai Jiang
GM & Vice Chairman
70
4 Mr. Jin Bao Liu
Chief Accountant
70

Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Competitors