Harbin Bank Co., Ltd. Class H (6138) AI Stock Analysis

• Market Cap: €3.41B
• Dividend Yield: N/A
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 8.9
• Beta (1Y): 1.05
• Revenue Growth: 1.89%
• EPS Growth: 93.85%
• Country: HK
• Employees: 8,860
• Sector: Financial
• Sector Strength: 85
• Industry: Banks - Regional
• EPS (TTM): 0.03
• Shares Outstanding: 3,023,569,800
• 10 Day Avg. Volume: 1,476,100
• 30 Day Avg. Volume: 1,481,366
• PEG Ratio: -0.69
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: ―

Harbin Bank's overall stock score reflects a stable financial foundation with improving leverage but is weighed down by inconsistent revenue and cash flow performance. The technical analysis indicates bearish trends with potential for a short-term recovery. The valuation suggests moderate undervaluation, but the absence of dividends may deter income-seeking investors.

Harbin Bank Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Harbin Bank Co., Ltd. provides various commercial banking products and services primarily in Mainland China. It operates through four segments: Corporate Financial Business, Retail Financial Business, Interbank Financial Business, and Other Business. The company offers demand and time deposit products, personal loans, collateral loans, corporate loans, and agricultural loans, as well as bank card and credit card products. It also provides settlement and clearing services, as well as other products and services relating to trading business; personal wealth management services; and money market placement, investment and repurchasing, and foreign exchange transaction services. In addition, the company offers online, mobile, and telephone banking services; insurance products; and project financing, financial management and consulting, underwriting and issuing of securities, and asset custody services. As of December 31, 2021, it operated through 311 branch outlets, including 17 branches, 292 sub-branches, 1 branch-level financial service center for small enterprises, and 1 headquarters business department. The company was formerly known as Harbin City Commercial Bank Co., Ltd. and changed its name to Harbin Bank Co., Ltd. in November 2007. Harbin Bank Co., Ltd. was incorporated in 1997 and is headquartered in Harbin, the People's Republic of China.

How the Company Makes Money

Harbin Bank Co., Ltd. generates revenue primarily through interest income and non-interest income. Interest income is derived from loans extended to customers, including personal, corporate, and small business loans. The bank also earns interest from its investment portfolio, which includes government and corporate bonds. Non-interest income comes from fees and commissions related to services such as wealth management, payment processing, and other financial advisory services. Additionally, the bank engages in treasury operations, which involve trading and investment activities that contribute to its earnings. Harbin Bank's strategic partnerships with other financial institutions and its focus on regional economic development also play a role in its revenue generation.

Harbin Bank Co., Ltd. Class H Financial Statement Overview

Summary

Harbin Bank exhibits strengths in financial stability and improving leverage, but faces challenges with revenue growth and cash flow consistency. While the balance sheet indicates a strong equity position, income statement metrics reveal profitability pressures. Cash flow irregularities could impede future growth unless addressed.

Income Statement

The revenue growth rate has shown volatility, with a recent decline. Gross and net profit margins are moderate, indicating decent profitability, but the decline in revenue impacts overall performance. The EBIT margin is below industry standards, reflecting operational efficiency challenges.

Balance Sheet

The company maintains a solid equity ratio, suggesting financial stability. The debt-to-equity ratio has improved, indicating reduced leverage, which is favorable for risk management. However, stockholders' equity growth is modest, limiting potential expansion capabilities.

Cash Flow

Operating cash flow has been inconsistent, with recent negative cash flow posing liquidity concerns. The free cash flow has also been unstable, although past growth rates were strong. The company needs to stabilize its cash generation to support ongoing operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
13.31B	6.28B	11.72B	11.62B	14.12B
	Gross Profit
13.31B	6.28B	11.72B	11.62B	14.12B
	EBIT
7.89B	952.10M	17.90B	436.69M	1.36B
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
919.67M	739.99M	554.77M	398.69M	745.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
75.87B	37.09B	105.24B	72.02B	68.95B
	Total Assets
916.23B	813.33B	712.73B	645.05B	598.60B
	Total Debt
1.14B	46.41B	14.72B	31.90B	43.89B
	Net Debt
-74.73B	-96.16B	-90.52B	-40.12B	-25.06B
	Total Liabilities
850.64B	749.44B	649.41B	582.27B	547.49B
	Stockholders Equity
63.16B	61.60B	61.17B	60.79B	49.25B
Cash Flow		Free Cash Flow
-30.89B	45.90B	57.50B	36.16B	-2.84B
	Operating Cash Flow
-30.50B	46.08B	57.85B	36.70B	-2.04B
	Investing Cash Flow
-16.54B	-39.94B	-40.76B	-20.67B	21.42B
	Financing Cash Flow
66.05B	-6.43B	8.40B	-4.43B	-15.22B

Harbin Bank Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6138, the sentiment is Negative. The current price of 0.3 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.31, and below the 200-day MA of 0.33, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.88 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6138.

Harbin Bank Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.79B	9.72	7.54%	16971.00%	12.07%	-7.53%
6138	58 Neutral	€3.41B	8.93	1.79%	―	1.89%	93.85%
PIAIF		$122.99B	6.18		5.69%	―	―
ACGBF		$265.06B	5.69	10.80%	7.59%	―	―
BACHF		$210.27B	5.77	9.57%	5.59%	―	―
CGMBF		$25.64B	4.61	5.54%	10.55%	―	―
CIHHF		$153.11B	7.85	14.86%	4.48%	―	―

Harbin Bank Co., Ltd. Class H Corporate Events

Harbin Bank Announces Board Changes and New Director Appointment

Harbin Bank Co., Ltd. announced the approval of Mr. Jia Haining’s qualification as a non-executive director by the Heilongjiang Office of the National Financial Regulatory Administration. Mr. Jia has joined the Ninth Session of the Board, replacing Mr. Zhao Hongbo, who has ceased his duties. Additionally, Mr. Jia will serve on the Risk Management and Related Transactions Control Committee and the Consumer Rights Protection Committee. Mr. Zhang Xianjun has been appointed to the Nomination and Remuneration Evaluation Committee, while stepping down from other committees. The company expressed gratitude to Mr. Zhao for his contributions.

Harbin Bank Announces Board of Directors and Committee Roles

Harbin Bank Co., Ltd. has announced the list of its board of directors and their respective roles within the company. The board comprises executive, non-executive, and independent non-executive directors, with five special committees overseeing various aspects of the bank’s operations. This announcement provides clarity on the leadership structure and governance, potentially impacting stakeholders’ understanding of the bank’s strategic direction.

Harbin Bank Releases 2024 Audited Annual Results

Harbin Bank Co., Ltd. announced its audited annual results for the year ending December 31, 2024. The results, audited by BDO Limited and reviewed by the Board and its audit committee, are compliant with the Hong Kong Stock Exchange’s listing rules. The announcement reflects the bank’s commitment to transparency and regulatory compliance, potentially impacting stakeholder confidence and market positioning.

Harbin Bank Schedules Board Meeting to Approve Annual Results and Dividend

Harbin Bank Co., Ltd. has announced a board meeting scheduled for March 28, 2025, to discuss and approve the audited annual results for the year ending December 31, 2024, and to consider the recommendation of a final dividend. This meeting is significant as it will determine the financial performance and shareholder returns for the past year, impacting stakeholders’ perceptions and the bank’s market positioning.