Harbin Electric Corporation Jiamusi Electric MachineLtd Past Earnings Performance
Past criteria checks 3/6
Harbin Electric Jiamusi Electric MachineLtd has been growing earnings at an average annual rate of 1.8%, while the Electrical industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 19.7% per year. Harbin Electric Jiamusi Electric MachineLtd's return on equity is 12.2%, and it has net margins of 7.3%.
Key information
1.8%
Earnings growth rate
1.0%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 19.7% |
| Return on equity | 12.2% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Harbin Electric Corporation Jiamusi Electric MachineLtd's (SZSE:000922) Profits May Not Reveal Underlying Issues
May 02
Investors Could Be Concerned With Harbin Electric Corporation Jiamusi Electric MachineLtd's (SZSE:000922) Returns On Capital
Apr 17Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (SZSE:000922) Shares Fly 35% But Investors Aren't Buying For Growth
Mar 29Revenue & Expenses BreakdownBeta
How Harbin Electric Corporation Jiamusi Electric MachineLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 5,265 | 382 | 515 | 191 |
| 31 Dec 23 | 5,321 | 399 | 520 | 169 |
| 30 Sep 23 | 3,929 | 395 | 367 | 120 |
| 30 Jun 23 | 3,967 | 398 | 382 | 100 |
| 31 Mar 23 | 3,786 | 374 | 365 | 94 |
| 01 Jan 23 | 4,559 | 381 | 456 | 117 |
| 30 Sep 22 | 3,438 | 268 | 365 | 46 |
| 30 Jun 22 | 3,327 | 229 | 352 | 38 |
| 31 Mar 22 | 3,209 | 214 | 345 | 29 |
| 01 Jan 22 | 3,046 | 213 | 347 | 27 |
| 30 Sep 21 | 2,829 | 203 | 492 | 23 |
| 30 Jun 21 | 2,606 | 361 | 395 | 26 |
| 31 Mar 21 | 2,470 | 415 | 375 | 29 |
| 31 Dec 20 | 2,369 | 408 | 352 | 28 |
| 30 Sep 20 | 2,304 | 462 | 85 | 17 |
| 30 Jun 20 | 2,203 | 334 | 154 | 22 |
| 31 Mar 20 | 2,093 | 316 | 162 | 23 |
| 31 Dec 19 | 2,103 | 345 | 164 | 23 |
| 30 Sep 19 | 2,217 | 294 | 321 | 24 |
| 30 Jun 19 | 2,162 | 322 | 325 | 14 |
| 31 Mar 19 | 2,133 | 324 | 319 | 7 |
| 31 Dec 18 | 1,948 | 279 | 321 | 7 |
| 30 Sep 18 | 1,933 | 326 | 332 | 8 |
| 30 Jun 18 | 1,833 | 266 | 325 | 10 |
| 31 Mar 18 | 1,721 | 180 | 334 | 9 |
| 31 Dec 17 | 1,588 | 121 | 315 | 9 |
| 30 Sep 17 | 1,401 | -109 | 489 | 2 |
| 30 Jun 17 | 1,347 | -200 | 439 | 0 |
| 31 Mar 17 | 1,224 | -414 | 489 | 0 |
| 31 Dec 16 | 1,266 | -437 | 497 | 0 |
| 30 Sep 16 | 1,267 | -558 | 434 | 0 |
| 30 Jun 16 | 1,307 | -628 | 517 | 0 |
| 31 Mar 16 | 1,478 | -450 | 458 | 0 |
| 31 Dec 15 | 1,505 | -447 | 461 | 0 |
| 30 Sep 15 | 1,378 | -299 | 395 | 0 |
| 30 Jun 15 | 1,588 | -145 | 377 | 0 |
| 31 Mar 15 | 1,797 | -60 | 377 | 0 |
| 31 Dec 14 | 2,052 | 6 | 394 | 0 |
| 30 Sep 14 | 2,599 | 217 | 347 | 0 |
| 30 Jun 14 | 2,687 | 197 | 368 | 0 |
| 31 Mar 14 | 2,739 | 178 | 382 | 0 |
| 31 Dec 13 | 2,674 | 169 | 369 | 0 |
| 30 Sep 13 | 2,684 | 128 | 406 | 0 |
| 30 Jun 13 | 2,789 | 157 | 412 | 0 |
Quality Earnings: 000922 has a large one-off gain of CN¥111.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 000922's current net profit margins (7.3%) are lower than last year (9.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000922's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: 000922's earnings growth over the past year (2%) exceeds its 5-year average (1.8% per year).
Earnings vs Industry: 000922 earnings growth over the past year (2%) exceeded the Electrical industry 0.6%.
Return on Equity
High ROE: 000922's Return on Equity (12.2%) is considered low.