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 15.07% and Operating profit at 1.53% over the last 5 years
2
Positive results in Mar 26
- INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
- RAW MATERIAL COST(Y) Fallen by -6.81% (YoY)
- DEBT-EQUITY RATIO (HY) Lowest at -30.15 %
3
With ROE of 7.65%, it has a fair valuation with a 1.78 Price to Book Value
- Over the past year, while the stock has generated a return of 41.60%, its profits have risen by 22.6% ; the PEG ratio of the company is 1.1
- At the current price, the company has a high dividend yield of 0.7
4
Market Beating Performance
- The stock has generated a return of 41.60% in the last 1 year, much higher than market (China Shanghai Composite) returns of 16.83%
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.
25.29%
-0.07
45.90%
China Shanghai Composite
3.0%
1.20
14.07%
Quality key factors
Factor
Value
Sales Growth (5y)
15.07%
EBIT Growth (5y)
1.53%
EBIT to Interest (avg)
74.41
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.25
Sales to Capital Employed (avg)
0.97
Tax Ratio
14.71%
Dividend Payout Ratio
24.78%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.79%
ROE (avg)
11.04%
Valuation Key Factors 
Factor
Value
P/E Ratio
33
Industry P/E
Price to Book Value
2.49
EV to EBIT
28.24
EV to EBITDA
20.13
EV to Capital Employed
3.14
EV to Sales
2.06
PEG Ratio
1.48
Dividend Yield
0.47%
ROCE (Latest)
11.13%
ROE (Latest)
7.65%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
10What is working for the Company
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -17.1% (YoY
NET SALES(Q)
Highest at CNY 1,479.46 MM
OPERATING PROFIT(Q)
Highest at CNY 193.41 MM
PRE-TAX PROFIT(Q)
Highest at CNY 165.42 MM
NET PROFIT(Q)
Highest at CNY 104.86 MM
EPS(Q)
Highest at CNY 0.13
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd.
Net Sales
Highest at CNY 1,479.46 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Net Sales
At CNY 1,479.46 MM has Grown at 18.73%
over average net sales of the previous four periods of CNY 1,246.09 MMMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 193.41 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Pre-Tax Profit
Highest at CNY 165.42 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Pre-Tax Profit
At CNY 165.42 MM has Grown at 56.98%
over average net sales of the previous four periods of CNY 105.38 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 104.86 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.13
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Raw Material Cost
Fallen by -17.1% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
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