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1 Comment
Harbin Electric Company Limited is currently in a long term downtrend where the price is trading 6.7% below its 200 day moving average.
From a valuation standpoint, the stock is 95.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.1.
Harbin Electric Company Limited's total revenue sank by 23.6% to $10B since the same quarter in the previous year.
Its net income has dropped by 61.0% to $29M since the same quarter in the previous year.
Finally, its free cash flow grew by 1287.0% to $2B since the same quarter in the previous year.
Based on the above factors, Harbin Electric Company Limited gets an overall score of 2/5.
| Sector | Industrials |
|---|---|
| ISIN | CNE1000003C0 |
| Industry | Specialty Industrial Machinery |
| CurrencyCode | HKD |
| Exchange | HK |
| Beta | 0.55 |
|---|---|
| PE Ratio | None |
| Target Price | 4.62 |
| Dividend Yield | 0.2% |
| Market Cap | 7B |
Harbin Electric Company Limited, together with its subsidiaries, manufactures and sells power plant equipment in the People's Republic of China. The company provides thermal power main equipment, including boilers, steam turbines, and steam turbine generators; hydropower main equipment, such as hydropower generators units; nuclear power main equipment comprising nuclear island and conventional island equipment; and a set of steam power equipment, including 9F/9H class gas turbine, and combined gas and steam cycle sets. It also engages in the research and development, and production of clean energy products comprising solar energy, tidal power, and desalination products; and ancillary equipment for power stations, industrial boilers, industrial steam turbines, control devices, and AC/DC motors, as well as valves for power stations, pressure vessels, axial compressors, etc. In addition, the company is involved in the construction of power station projects; servicing of thermal and hydropower equipment; import and export of equipment for power stations; provision of after sales service for power station equipment products; research and development of engineering technology for power equipment and its ancillary products; and provision of environmental protection engineering services, such as desulfurization, denitrification, and dust removal. It also exports its products to Asia and South America. The company was founded in 1994 and is based in Harbin, the People's Republic of China. Harbin Electric Company Limited is a subsidiary of Harbin Electric Corporation Co., Ltd.
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