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Harbin Electric Co (HKSE:01133) Net Margin % : 3.21% (As of Dec. 2023)


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What is Harbin Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Harbin Electric Co's Net Income for the six months ended in Dec. 2023 was HK$536 Mil. Harbin Electric Co's Revenue for the six months ended in Dec. 2023 was HK$16,702 Mil. Therefore, Harbin Electric Co's net margin for the quarter that ended in Dec. 2023 was 3.21%.

The historical rank and industry rank for Harbin Electric Co's Net Margin % or its related term are showing as below:

HKSE:01133' s Net Margin % Range Over the Past 10 Years
Min: -19.52   Med: 0.55   Max: 2.36
Current: 1.99


HKSE:01133's Net Margin % is ranked worse than
68.28% of 2973 companies
in the Industrial Products industry
Industry Median: 5.17 vs HKSE:01133: 1.99

Harbin Electric Co Net Margin % Historical Data

The historical data trend for Harbin Electric Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harbin Electric Co Net Margin % Chart

Harbin Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 -0.03 -19.52 0.40 1.99

Harbin Electric Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.35 0.44 0.36 0.63 3.21

Competitive Comparison of Harbin Electric Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Harbin Electric Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harbin Electric Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Electric Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Harbin Electric Co's Net Margin % falls into.



Harbin Electric Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Harbin Electric Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=628.66/31545.528
=1.99 %

Harbin Electric Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=535.809/16702.002
=3.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harbin Electric Co  (HKSE:01133) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Harbin Electric Co Net Margin % Related Terms

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Harbin Electric Co (HKSE:01133) Business Description

Traded in Other Exchanges
Address
1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

Harbin Electric Co (HKSE:01133) Headlines

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