Harbin Air (China) Today

600202 Stock   4.81  0.07  1.43%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Harbin Air is trading at 4.81 as of the 23rd of November 2024, a 1.43 percent decrease since the beginning of the trading day. The stock's open price was 4.88. Harbin Air has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Harbin Air Conditioning are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2023 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
26th of April 1999
Category
Industrials
Harbin Air is entity of China. It is traded as Stock on SHG exchange. The company has 383.34 M outstanding shares. More on Harbin Air Conditioning

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Harbin Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Harbin Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Harbin Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaAir (View all Themes)
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, Air, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Harbin Air's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Harbin Air's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Harbin Air can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Harbin Air's financial leverage. It provides some insight into what part of Harbin Air's total assets is financed by creditors.
Liquidity
Harbin Air cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Harbin Air Conditioning has accumulated 329.67 M in total debt. Debt can assist Harbin Air until it has trouble settling it off, either with new capital or with free cash flow. So, Harbin Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Harbin Air Conditioning sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Harbin to invest in growth at high rates of return. When we think about Harbin Air's use of debt, we should always consider it together with cash and equity.

Total Cashflows From Investing Activities

(42.03 Million)
Harbin Air Conditioning (600202) is traded on Shanghai Stock Exchange in China and employs 693 people. Harbin Air is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Harbin Air's market, we take the total number of its shares issued and multiply it by Harbin Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Harbin Air Conditioning operates under Building Products sector and is part of Industrials industry. The entity has 383.34 M outstanding shares. Harbin Air generates negative cash flow from operations
Check Harbin Air Probability Of Bankruptcy
Ownership Allocation
Harbin Air Conditioning has a total of 383.34 Million outstanding shares. Harbin Air secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Harbin Ownership Details

Harbin Air Conditioning Risk Profiles

Although Harbin Air's alpha and beta are two of the key measurements used to evaluate Harbin Air's performance over the market, the standard measures of volatility play an important role as well.

Harbin Stock Against Markets

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Other Information on Investing in Harbin Stock

Harbin Air financial ratios help investors to determine whether Harbin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harbin with respect to the benefits of owning Harbin Air security.