Harbin Electric Past Earnings Performance

Past criteria checks 4/6

Harbin Electric's earnings have been declining at an average annual rate of -25%, while the Electrical industry saw earnings growing at 16.6% annually. Revenues have been growing at an average rate of 2.3% per year. Harbin Electric's return on equity is 4.2%, and it has net margins of 2%.

Key information

-25.0%

Earnings growth rate

-25.4%

EPS growth rate

Electrical Industry Growth	15.7%
Revenue growth rate	2.3%
Return on equity	4.2%
Net Margin	2.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

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

Apr 04

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

Revenue & Expenses Breakdown
Beta

How Harbin Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:1133 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	28,841	575	1,470	999
30 Sep 23	27,657	353	1,588	894
30 Jun 23	26,473	132	1,706	789
31 Mar 23	25,558	115	1,861	758
31 Dec 22	24,644	99	2,015	727
30 Sep 22	22,902	-2,013	2,473	702
30 Jun 22	21,159	-4,125	2,932	678
31 Mar 22	21,192	-4,134	2,757	674
01 Jan 22	21,225	-4,142	2,583	671
01 Oct 21	23,590	-2,072	2,351	824
30 Jun 21	25,954	-2	2,120	977
31 Mar 21	24,857	-5	2,068	977
01 Jan 21	23,760	-7	2,015	977
01 Oct 20	22,964	48	2,104	839
30 Jun 20	22,167	104	2,192	702
31 Mar 20	22,342	105	2,284	695
01 Jan 20	22,516	106	2,377	688
01 Oct 19	22,813	89	2,412	657
30 Jun 19	23,110	72	2,447	626
31 Mar 19	24,495	72	2,503	609
31 Dec 18	25,880	71	2,560	592
30 Sep 18	26,687	86	2,467	635
30 Jun 18	27,494	100	2,375	679
31 Mar 18	29,517	147	2,537	619
31 Dec 17	31,540	194	2,699	559
30 Sep 17	32,227	301	2,719	335
30 Jun 17	32,913	408	2,738	112
31 Mar 17	31,921	410	2,782	56
31 Dec 16	30,930	413	2,825	0
30 Sep 16	29,435	322	2,899	0
30 Jun 16	27,940	230	2,974	0
31 Mar 16	26,519	213	2,954	0
31 Dec 15	25,097	196	2,934	0
30 Sep 15	24,842	359	3,236	0
30 Jun 15	24,587	522	3,537	0
31 Mar 15	24,307	544	3,503	0
31 Dec 14	24,027	566	3,470	0
30 Sep 14	23,225	514	3,570	0
30 Jun 14	22,423	461	3,670	0
31 Mar 14	21,462	584	3,633	0
31 Dec 13	20,501	706	3,595	0
30 Sep 13	22,400	905	3,613	0
30 Jun 13	24,300	1,104	3,630	0

Quality Earnings: 1133 has a large one-off gain of CN¥343.4M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: 1133's current net profit margins (2%) are higher than last year (0.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1133 has become profitable over the past 5 years, growing earnings by -25% per year.

Accelerating Growth: 1133's earnings growth over the past year (482.7%) exceeds its 5-year average (-25% per year).

Earnings vs Industry: 1133 earnings growth over the past year (482.7%) exceeded the Electrical industry 11%.

Harbin Electric Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

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

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

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

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

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

Full year 2022 earnings: Revenues exceed analyst expectations

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).

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Revenue & Expenses Breakdown
Beta