Harbin Air Conditioning Co.,Ltd. / Fundamentals

    Income statement

    Net revenue
    €150.24M
    Cost of goods sold
    €129.59M
    Gross profit
    €20.65M
    SG&A expenses
    €3.60M
    R&D expenses
    €4.77M
    EBITDA
    €1.23M
    D&A
    -€38.54K
    EBIT
    -€664.55K
    Interest expenses
    €3.66M
    EBT
    -€2.39M
    Tax expenses
    -€115.91K
    Net income
    -€1.11M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €11.64M
    Changes in working capital
    €0.00
    Operating cash flow
    €10.74M
    Capex
    €2.44M
    Other investing cash flow
    €12.88K
    Net investing cash flow
    -€2.44M
    Total cash dividends paid
    -€3.66M
    Issuance of common stock
    €0.00
    Debt repayment
    €14.78M
    Other financing cash flow
    -€122.65K
    Net financing cash flow
    €11.00M
    Foreign exchange effects
    €101.83K
    Net change in cash
    €7.75M
    Cash at end of period
    €12.72M
    Free cash flow
    €13.17M

    Balance sheet

    Cash and cash equivalents
    €22.49M
    Cash and short-term investments
    €22.49M
    Total receivables
    €153.21M
    Inventory
    €57.70M
    Other current assets
    €8.54M
    Total current assets
    €241.93M
    Property, plant & equipment
    €55.97M
    Goodwill
    €103.14K
    Intangible assets
    €6.67M
    Long-term investments
    €0.00
    Other non-current assets
    €11.01M
    Total non-current assets
    €84.21M
    Total assets
    €326.14M
    Accounts payable
    €63.07M
    Short-term debt
    €82.76M
    Other current liabilities
    €64.34M
    Total current liabilities
    €211.49M
    Long-term debt
    €3.40M
    Deferred tax liabilities
    €266.89K
    Other non-current liabilities
    €9.23M
    Total non-current liabilities
    €12.90M
    Total liabilities
    €224.39M
    Common stock
    €46.17M
    Retained earnings
    €24.79M
    Other equity
    €0.00
    Total equity
    €101.75M
    Total liabilities and shareholders' equity
    €326.14M

    Company information

    Market capitalization
    €255.88M
    Employees
    693
    Enterprise Value
    €2.28B

    Company ratios

    Gross margin
    13.7% Worse than peer group: 20.1%
    EBITDA margin
    0.8% Worse than peer group: 15.4%
    EBIT margin
    -0.4% Even with peer group: -1.1%
    EBT margin
    -1.6% Even with peer group: 2.5%
    Net margin
    -0.7% Even with peer group: 0.4%
    ROE
    -1.1% Even with peer group: -2.7%
    ROA
    -0.3% Even with peer group: -0.2%
    Asset turnover
    46.1% Worse than peer group: 55.2%
    FCF margin
    5.5% Better than peer group: -5.9%
    FCF yield
    3.2%
    Efficiency ratio
    99.2%
    Net sales per employee
    €216.79K
    Net income per employee
    -€1.60K

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