Harbin Electric Future Growth

Future criteria checks 4/6

Harbin Electric is forecast to grow earnings and revenue by 30.3% and 15.1% per annum respectively. EPS is expected to grow by 26.1% per annum. Return on equity is forecast to be 10% in 3 years.

Key information

30.3%

Earnings growth rate

26.1%

EPS growth rate

Electrical earnings growth	27.6%
Revenue growth rate	15.1%
Future return on equity	10.0%
Analyst coverage	Low
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Apr 19

Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Apr 05

Harbin Electric's (HKG:1133) Performance Is Even Better Than Its Earnings Suggest

Apr 04

Revenues Tell The Story For Harbin Electric Company Limited (HKG:1133) As Its Stock Soars 28%

Mar 09

Here's Why We Don't Think Harbin Electric's (HKG:1133) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 31

Reflecting on Harbin Electric's (HKG:1133) Share Price Returns Over The Last Five Years

Dec 27

Earnings and Revenue Growth Forecasts

SEHK:1133 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	46,771	1,548	N/A	N/A	1
12/31/2025	44,717	1,294	N/A	N/A	1
12/31/2024	38,426	925	N/A	N/A	1
12/31/2023	28,841	575	1,194	2,284	N/A
9/30/2023	27,657	353	2,921	3,764	N/A
6/30/2023	26,473	132	4,648	5,244	N/A
3/31/2023	25,558	115	4,511	4,995	N/A
12/31/2022	24,644	99	4,374	4,747	N/A
9/30/2022	22,902	-2,013	3,533	3,941	N/A
6/30/2022	21,159	-4,125	2,693	3,135	N/A
3/31/2022	21,192	-4,134	1,675	2,084	N/A
1/1/2022	21,225	-4,142	658	1,034	N/A
10/1/2021	23,590	-2,072	1,493	1,878	N/A
6/30/2021	25,954	-2	2,328	2,722	N/A
3/31/2021	24,857	-5	1,979	2,351	N/A
1/1/2021	23,760	-7	1,630	1,981	N/A
10/1/2020	22,964	48	-30	316	N/A
6/30/2020	22,167	104	-1,689	-1,348	N/A
3/31/2020	22,342	105	-2,788	-2,372	N/A
1/1/2020	22,516	106	-3,887	-3,395	N/A
10/1/2019	22,813	89	-3,874	-3,405	N/A
6/30/2019	23,110	72	-3,861	-3,414	N/A
3/31/2019	24,495	72	-2,468	-2,045	N/A
12/31/2018	25,880	71	-1,075	-676	N/A
9/30/2018	26,687	86	-1,941	-1,419	N/A
6/30/2018	27,494	100	-2,807	-2,162	N/A
3/31/2018	29,517	147	-3,264	-2,427	N/A
12/31/2017	31,540	194	-3,721	-2,692	N/A
9/30/2017	32,227	301	N/A	-333	N/A
6/30/2017	32,913	408	N/A	2,027	N/A
3/31/2017	31,921	410	N/A	1,807	N/A
12/31/2016	30,930	413	N/A	1,588	N/A
9/30/2016	29,435	322	N/A	2,015	N/A
6/30/2016	27,940	230	N/A	2,443	N/A
3/31/2016	26,519	213	N/A	3,427	N/A
12/31/2015	25,097	196	N/A	4,411	N/A
9/30/2015	24,842	359	N/A	3,752	N/A
6/30/2015	24,587	522	N/A	3,093	N/A
3/31/2015	24,307	544	N/A	2,301	N/A
12/31/2014	24,027	566	N/A	1,508	N/A
9/30/2014	23,225	514	N/A	1,693	N/A
6/30/2014	22,423	461	N/A	1,877	N/A
3/31/2014	21,462	584	N/A	1,636	N/A
12/31/2013	20,501	706	N/A	1,396	N/A
9/30/2013	22,400	905	N/A	548	N/A
6/30/2013	24,300	1,104	N/A	-300	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1133's forecast earnings growth (30.3% per year) is above the savings rate (2.2%).

Earnings vs Market: 1133's earnings (30.3% per year) are forecast to grow faster than the Hong Kong market (12.1% per year).

High Growth Earnings: 1133's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1133's revenue (15.1% per year) is forecast to grow faster than the Hong Kong market (8.1% per year).

High Growth Revenue: 1133's revenue (15.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1133's Return on Equity is forecast to be low in 3 years time (10%).

Harbin Electric Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Harbin Electric Company Limited Provides Earnings Guidance for the Year Ended 31 December 2023

Harbin Electric Company Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022

Harbin Electric Company Limited Provides Unaudited Earnings Guidance for the Year Ended 31 December 2021

Analysts update estimates

Recent updates

Harbin Electric Company Limited Announces Resignation of Lu Zhi-Qiang as Senior Vice- President

New minor risk - Earnings quality

Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Harbin Electric's (HKG:1133) Performance Is Even Better Than Its Earnings Suggest

Investor sentiment deteriorates as stock falls 15%

New minor risk - Share price stability

Dividend of CN¥0.052 announced

Harbin Electric Company Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Harbin Electric Company Limited Announces Resignation of Zhang Ying-Jian from the Positions of Executive Director and Member of the Nomination Committee

Revenues Tell The Story For Harbin Electric Company Limited (HKG:1133) As Its Stock Soars 28%

Harbin Electric Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Investor sentiment improves as stock rises 42%

Harbin Electric Company Limited Provides Earnings Guidance for the Year Ended 31 December 2023

New minor risk - Shareholder dilution

Harbin Electric Company Limited has completed a Follow-on Equity Offering in the amount of HKD 1.970681 billion.

Investor sentiment improves as stock rises 16%

Harbin Electric (HKG:1133) Has Debt But No Earnings; Should You Worry?

First half 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.03 in 1H 2022)

Harbin Electric Company Limited Announces Board and Committee Changes

Harbin Electric Company Limited to Report First Half, 2023 Results on Aug 25, 2023

Harbin Electric Company Limited Announces Executive Changes

Harbin Electric Company Limited Approves Final Dividend for the Year 2022, Payable on 25 July 2023

Harbin Electric Company Limited Appoints Huang Wei as Executive Director and Chairman of Strategy Development Committee

Harbin Electric Company Limited Announces the Resignation of Wu Wei-Zhang from the Positions of Executive Director, Chairman of the Strategy Development Committee and President

Full year 2022 earnings: Revenues exceed analyst expectations

Harbin Electric Company Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022

High number of new and inexperienced directors

Is Harbin Electric (HKG:1133) Using Debt In A Risky Way?

Harbin Electric Company Limited Announces Resignation of Qu Zhe as Chairman of the Supervisory Committee

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.02 in 1H 2021)

Harbin Electric Company Limited Announces Board Changes

Does Harbin Electric (HKG:1133) Have A Healthy Balance Sheet?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Harbin Electric Company Limited, Annual General Meeting, May 27, 2022

Harbin Electric Company Limited Announces Resignation of Liu Zhi-quan as Senior Vice-President

Full year 2021 earnings: EPS and revenues miss analyst expectations

Harbin Electric Company Limited Announces Resignation of Sun Zhi-Yong from the Positions of the Executive Director and Member of the Nomination Committee

Harbin Electric Company Limited Provides Unaudited Earnings Guidance for the Year Ended 31 December 2021

Is Harbin Electric (HKG:1133) Using Debt Sensibly?

Executive Chairman Ze-Fu Si has left the company

First half 2021 earnings released: EPS CN¥0.02 (vs CN¥0.017 in 1H 2020)

Is Harbin Electric (HKG:1133) A Risky Investment?

Inaugural dividend of HK$0.013 per share

Harbin Electric Company Limited Approves Special Dividend, Payable on 2 July 2021

Harbin Electric Company Limited Proposes Special Dividend

Health Check: How Prudently Does Harbin Electric (HKG:1133) Use Debt?

Harbin Electric Company Limited to Report Fiscal Year 2020 Results on Mar 24, 2021

Supervisor has left the company

New 90-day low: HK$2.12

Here's Why We Don't Think Harbin Electric's (HKG:1133) Statutory Earnings Reflect Its Underlying Earnings Potential

Harbin Electric Company Limited Announces Election of Directors

Harbin Electric Company Limited Announces Resignation of Directors

Reflecting on Harbin Electric's (HKG:1133) Share Price Returns Over The Last Five Years

New 90-day low: HK$2.14

New 90-day high: HK$2.63

Market bids up stock over the past week

Harbin Electric Company Limited Announces Resignation of Xie Wei-Jiang as Senior Vice-President

New 90-day low: HK$2.15

New 90-day low - HK$2.26

First half earnings released

Analysts update estimates

Earnings released

Harbin Electric Company Limited to Report First Half, 2020 Results on Aug 28, 2020

Harbin Electric Company Limited (SEHK:1133) completed the acquisition of additional 26.96% of stake in Harbin Steam Turbine Works Co., Ltd from China Huarong Asset Management Co., Ltd. (SEHK:2799).

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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