Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Dec'17
Net Sales
32,105.13
28,856.80
25,799.88
26,780.60
25,825.27
30,913.14
36,670.50
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
32,105.13
28,856.80
25,799.88
26,780.60
25,825.27
30,913.14
36,670.50
Raw Material Cost
28,439.38
25,511.13
26,920.90
23,818.09
21,928.82
27,076.32
31,680.51
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
1,927.49
2,299.11
1,815.02
1,845.91
1,942.24
2,011.84
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
221.41
309.61
281.85
287.32
154.95
168.05
311.83
Selling and Distribution Expenses
1,802.87
2,028.09
2,915.49
1,949.34
2,546.55
2,885.92
3,352.41
Other Expenses
88.21
-139.21
-177.28
-100.48
-122.13
-140.92
-198.75
Total Expenditure (Excl Depreciation)
31,345.73
28,384.22
30,644.52
26,864.95
25,254.97
30,663.35
35,369.05
Operating Profit (PBDIT) excl Other Income
759.4
472.59999999999997
-4844.599999999999
-84.3
570.3
249.8
1301.3999999999999
Other Income
297.27
397.52
726.54
716.99
215.92
412.02
181.08
Operating Profit (PBDIT)
1,008.90
1,400.76
-3,944.10
1,187.72
1,337.04
1,380.11
1,786.92
Interest
221.41
309.61
281.85
287.32
154.95
168.05
311.83
Exceptional Items
3.48
18.21
-108.80
18.48
59.37
-160.70
-236.44
Gross Profit (PBDT)
3,665.75
3,345.67
-1,121.02
2,962.51
3,896.45
3,836.83
4,989.98
Depreciation
0.08
882.51
744.35
838.95
1,018.49
905.64
873.11
Profit Before Tax
790.90
226.86
-5,079.09
79.93
222.96
145.71
365.54
Tax
169.75
88.78
-119.80
68.44
113.31
64.16
95.01
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
635.11
114.70
-4,992.52
-8.18
120.39
84.47
223.96
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
635.11
114.70
-4,992.52
-8.18
120.39
84.47
223.96
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
44.89
35.80
50.11
26.22
12.52
37.16
76.96
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
680.00
150.51
-4,942.41
18.04
132.91
121.63
300.92
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
1.12
1.22
1.19
1.12
0.0
0.0
Reserves
15,265.11
13,167.44
14,151.59
18,587.54
17,427.31
17,135.33
17,851.52
Earnings per share (EPS)
0.28
0.07
-2.93
-0.0
0.07
0.05
0.16
Diluted Earnings per share
0.28
0.07
-2.93
-0.0
0.07
0.05
0.16
Operating Profit Margin (Excl OI)
2.22%
0.42%
-20.99%
-1.37%
0.4%
0.2%
2.0%
Gross Profit Margin
2.46%
3.84%
-16.8%
3.43%
4.81%
3.4%
3.38%
PAT Margin
1.98%
0.4%
-19.35%
-0.03%
0.47%
0.27%
0.61%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2023 is 11.26% vs 11.85% in Dec 2022
Consolidate Net Profit
YoY Growth in year ended Dec 2023 is 351.83% vs 103.05% in Dec 2022
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2023 is -29.07% vs 121.48% in Dec 2022
Interest
YoY Growth in year ended Dec 2023 is -28.49% vs 9.83% in Dec 2022
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2023 has improved from Dec 2022
Compare Annual Results Of Harbin Electric Co. Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
32,105.13
317.87
31,787.26
10,000.08%
Other Operating Income
0.00
0.00
0.00
Total Operating income
32,105.13
317.87
31,787.26
10,000.08%
Raw Material Cost
28,439.38
284.13
28,155.25
9,909.28%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
221.41
3.75
217.66
5,804.27%
Selling and Distribution Expenses
1,802.87
43.09
1,759.78
4,083.96%
Other Expenses
88.21
-0.38
88.59
23,313.16%
Total Expenditure (Excl Depreciation)
31,345.73
327.22
31,018.51
9,479.41%
Operating Profit (PBDIT) excl Other Income
759.40
-9.35
768.75
8,221.93%
Other Income
297.27
0.22
297.05
135,022.73%
Operating Profit (PBDIT)
1,008.90
3.84
1,005.06
26,173.44%
Interest
221.41
3.75
217.66
5,804.27%
Exceptional Items
3.48
0.00
3.48
Gross Profit (PBDT)
3,665.75
33.74
3,632.01
10,764.70%
Depreciation
0.08
12.98
-12.90
-99.38%
Profit Before Tax
790.90
-12.89
803.79
6,235.76%
Tax
169.75
0.91
168.84
18,553.85%
Provisions and contingencies
0
0
0.00
Profit After Tax
635.11
-11.21
646.32
5,765.57%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
635.11
-11.21
646.32
5,765.57%
Share in Profit of Associates
0
0
0.00
Minority Interest
44.89
-2.58
47.47
1,839.92%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
680.00
-13.79
693.79
5,031.11%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
15,265.11
283.94
14,981.17
5,276.17%
Earnings per share (EPS)
0.28
-0.04
0.32
800.00%
Diluted Earnings per share
0.28
-0.04
0.32
800.00%
Operating Profit Margin (Excl OI)
2.22%
-2.94%
0.00
5.16%
Gross Profit Margin
2.46%
0.03%
0.00
2.43%
PAT Margin
1.98%
-3.53%
0.00
5.51%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 3,210.51 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 11.26% vs 11.85% in Dec 2022
Annual - Consolidate Net Profit
Consolidate Net Profit 68.00 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is 351.83% vs 103.05% in Dec 2022
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 71.16 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is -29.07% vs 121.48% in Dec 2022
Annual - Interest
Interest 22.14 Million
in Dec 2023Figures in Million
YoY Growth in year ended Dec 2023 is -28.49% vs 9.83% in Dec 2022
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 2.22%
in Dec 2023Figures in %
YoY Growth in year ended Dec 2023 has improved from Dec 2022






