Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 3.38%
- Poor long term growth as Net Sales has grown by an annual rate of 13.88% and Operating profit at 83.07% over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.20
2
The company has declared Positive results for the last 6 consecutive quarters
3
With ROE of 11.25%, it has a Attractive valuation with a 0.33 Price to Book Value
4
Market Beating performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
301.77%
0%
301.77%
6 Months
529.76%
0%
529.76%
1 Year
492.16%
0%
492.16%
2 Years
443.49%
0%
443.49%
3 Years
655.71%
0%
655.71%
4 Years
634.72%
0%
634.72%
5 Years
479.2%
0%
479.2%
Harbin Electric Co. Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
13.88%
EBIT Growth (5y)
83.07%
EBIT to Interest (avg)
-1.20
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.63
Sales to Capital Employed (avg)
1.09
Tax Ratio
14.93%
Dividend Payout Ratio
30.10%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.34%
ROE (avg)
3.38%
Valuation key factors
Factor
Value
P/E Ratio
3
Industry P/E
Price to Book Value
0.33
EV to EBIT
-2.35
EV to EBITDA
-1.69
EV to Capital Employed
-0.80
EV to Sales
-0.12
PEG Ratio
0.02
Dividend Yield
7.28%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
11.25%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
32,105.10
28,856.80
11.26%
Operating Profit (PBDIT) excl Other Income
711.60
1,003.20
-29.07%
Interest
221.40
309.60
-28.49%
Exceptional Items
3.50
18.20
-80.77%
Consolidate Net Profit
680.00
150.50
351.83%
Operating Profit Margin (Excl OI)
22.20%
4.20%
1.80%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 11.26% vs 11.85% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 351.83% vs 103.05% in Dec 2022
About Harbin Electric Co. Ltd. 
Harbin Electric Co. Ltd.
Electronics & Appliances
No Details Available.
Company Coordinates 
No Company Details Available






