Why is Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 17.47% and Operating profit at -0.99% over the last 5 years
2
The company has declared Negative results for the last 3 consecutive quarters
- NET SALES(HY) At CNY 2,467.95 MM has Grown at -27.56%
- NET PROFIT(HY) At CNY 102.85 MM has Grown at -49.09%
- OPERATING CASH FLOW(Y) Lowest at CNY 55.15 MM
3
With ROE of 6.53%, it has a fair valuation with a 1.53 Price to Book Value
- Over the past year, while the stock has generated a return of 24.19%, its profits have fallen by -33.3%
- At the current price, the company has a high dividend yield of 1
4
Market Beating performance in long term as well as near term
- Along with generating 24.19% returns in the last 1 year, the stock has outperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd.
-100.0%
0.17
36.90%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
17.47%
EBIT Growth (5y)
-0.99%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.25
Sales to Capital Employed (avg)
1.01
Tax Ratio
12.91%
Dividend Payout Ratio
25.66%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
16.14%
ROE (avg)
11.04%
Valuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
Price to Book Value
1.53
EV to EBIT
18.60
EV to EBITDA
11.83
EV to Capital Employed
1.70
EV to Sales
1.19
PEG Ratio
NA
Dividend Yield
0.96%
ROCE (Latest)
9.13%
ROE (Latest)
6.53%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
1What is working for the Company
CASH AND EQV(HY)
Highest at CNY 4,809.36 MM
-24What is not working for the Company
NET SALES(HY)
At CNY 2,467.95 MM has Grown at -27.56%
NET PROFIT(HY)
At CNY 102.85 MM has Grown at -49.09%
OPERATING CASH FLOW(Y)
Lowest at CNY 55.15 MM
ROCE(HY)
Lowest at 5.61%
INVENTORY TURNOVER RATIO(HY)
Lowest at 2.29%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.6%
OPERATING PROFIT(Q)
Lowest at CNY 69.51 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 6.05 %
Here's what is working for Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd.
Cash and Eqv
Highest at CNY 4,809.36 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd.
Net Sales
At CNY 2,467.95 MM has Grown at -27.56%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (CNY MM)
Net Profit
At CNY 102.85 MM has Grown at -49.09%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Operating Cash Flow
Lowest at CNY 55.15 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Operating Profit
Lowest at CNY 69.51 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 6.05 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Inventory Turnover Ratio
Lowest at 2.29%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 1.6%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Non Operating Income
Highest at CNY 0.29 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






