60

Harbin VITI Electronics Corp

603023 · SHG · Consumer Cyclical / Auto Parts

3.45CNY-0.05 (-1.43%)

Price History

Full chart

Market Stats

Previous Close3.50
Open3.56
Day Range3.42 – 3.56
52-Week Range3.09 – 6.55
Volume7.96M
Market Cap2.27B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.01
Dividend Yield0.00%
Beta0.43
50-Day Avg4.00
200-Day Avg4.58

About

Harbin VITI Electronics Co., Ltd. researches and develops, manufactures, and sells automobile electronic products for cars and buses in China. It offers bus digital color LCD instruments; bus slave and master modules; bus bridge, processor, and management modules; bus instruments; and bus rear light, headlight, chassis, and top control modules. The company also provides bus signal distribution modules, door control modules, tire pressure monitoring systems, vehicle remote wireless monitoring systems, fuel data acquisition modules, and switch modules; combination instruments; bus digital color LCD instruments; vehicle travelling data recorder, and recorder display and printing modules; recorder identification modules; and central processors. In addition, it offers central processor electrical boxes; IoV module; retarder power switches; and trunk light control modules, retarder control units, wiper intermittent and speed controllers, flash relays, water level alarm controllers, rocker switch lightboxes, overvoltage protection controllers, retarder foot controllers, and engine stall delay relays. Further, the company provides sensor products comprising liquid level alarm switches, capacitive and resistive fuel level sensors, temperature sensors, odometer sensors, speed sensor, air pressure sensors, water level alarms, low air pressure alarms, electronic speed sensors, oil pressure alarm sensors, temperature alarm sensors, magnetic reed oil level sensors, and swing arm oil level sensors. Harbin VITI Electronics Co., Ltd. was founded in 2000 and is based in Harbin, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Baosen Song
  • Employees284
  • HeadquartersNo. 11 West Haping Road, Harbin, China, 150060, China
  • Websitehttps://www.viti.net.cn

Leadership

  • Mr. Baosen SongActing General Manager · b. 1982
  • Ms. Qiong YuCFO & Director · b. 1972
  • Mr. Bao Tian ZhouBoard Secretary · b. 1984
  • Mr. Jian Min CuiDeputy General Manager · b. 1965
  • Mr. Xiaoming WangDeputy General Manager · b. 1982
  • Jing ZhaoAccounting Supervisor
  • Mr. Zhen Hua ChenDeputy GM & Director · b. 1963

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue103.58M151.72M164.01M155.88M184.52M202.62M203.16M211.33M199.31M202.00M138.10M84.54M71.00M74.17M53.00M65.24M193.37M
Growth (%)-+46.49%+8.09%-4.95%+18.37%+9.81%+0.27%+4.02%-5.69%+1.35%-31.63%-38.78%-16.02%+4.47%-28.55%+23.10%+196.41%
Cost of Revenue45.14M68.62M77.65M74.71M84.64M92.23M87.45M95.80M89.77M93.08M73.38M51.19M49.03M48.04M46.49M49.23M162.71M
Gross Profit58.44M83.10M86.35M81.17M99.88M110.40M115.71M115.53M109.54M108.92M64.72M33.36M21.96M26.13M6.51M16.01M30.66M
Gross Margin56.42%54.77%52.65%52.07%54.13%54.48%56.96%54.67%54.96%53.92%46.86%39.45%30.94%35.23%12.28%24.54%15.86%
Operating Expense28.71M29.32M29.56M32.29M33.06M39.06M37.79M38.25M30.33M32.55M38.08M16.95M15.77M27.72M27.97M11.46M29.76M
Operating Income29.72M53.78M56.79M48.88M66.82M71.34M77.92M77.28M79.21M76.37M26.64M16.41M6.19M-1.58M-21.46M4.55M906.80K
Operating Margin28.70%35.45%34.63%31.36%36.21%35.21%38.35%36.57%39.74%37.81%19.29%19.41%8.72%-2.14%-40.50%6.97%0.47%
EBITDA30.39M57.40M59.93M63.51M83.33M97.61M93.07M109.76M85.13M86.92M46.33M31.68M16.22M7.86M-9.85M12.45M25.73M
EBITDA Margin29.34%37.83%36.54%40.74%45.16%48.18%45.81%51.94%42.71%43.03%33.55%37.47%22.85%10.60%-18.58%19.09%13.31%
Net Income25.52M46.85M68.44M61.40M70.91M84.50M79.98M90.68M68.64M65.17M22.85M15.70M6.69M4.41M-15.74M5.06M4.07M
Net Income Margin24.64%30.88%41.73%39.39%38.43%41.70%39.37%42.91%34.44%32.26%16.55%18.56%9.42%5.94%-29.70%7.75%2.10%
R&D---11.00M11.43M13.26M13.95M13.08M16.73M13.69M15.29M12.63M12.83M14.26M13.84M11.04M15.74M
R&D as % of Total Revenue---7.06%6.20%6.54%6.87%6.19%8.39%6.78%11.07%14.94%18.07%19.23%26.12%16.92%8.14%
Interest Expense---249.75K43.10K282.98K392.43K155.25K305.64K5.88M13.05M4.77M13.25K64.20K439.25K11.14K769.89K
Interest Expense % of Total Revenue---0.16%0.02%0.14%0.19%0.07%0.15%2.91%9.45%5.65%0.02%0.09%0.83%0.02%0.40%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets116.50M175.03M208.10M281.14M290.72M223.80M516.19M582.81M617.25M845.36M824.16M777.31M788.07M808.83M790.82M885.13M900.85M
Total Liabilities19.32M35.90M36.53M48.17M64.84M63.41M59.16M53.09M54.88M194.05M108.86M20.90M24.96M44.91M16.71M100.71M115.19M
Total Equity97.18M139.13M171.57M232.97M225.88M160.39M457.04M529.72M562.36M651.31M715.30M756.41M763.10M767.51M774.10M770.49M773.23M
Cash22.98M60.28M58.39M101.60M75.77M15.99M171.14M185.39M73.84M453.92M452.63M450.54M479.94M431.44M546.29M531.33M472.95M
Total Debt------12.27M7.76M-138.42M73.28M5.01M4.36M14.08M1.09M16.10M-
Net Debt-22.98M-60.28M-58.39M-101.60M-75.77M-15.99M-158.87M-177.63M-73.84M-315.49M-379.34M-445.53M-475.58M-417.35M-546.29M-530.76M-

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-5.21M42.44M39.43M41.25M51.24M76.82M46.05M80.39M19.38M80.94M54.63M48.02M42.47M-12.40M21.40M24.40M-24.58M
Investing Cash Flow-29.10M-1.10M-4.47M1.96M935.11K388.98K-97.89M-47.86M-94.82M142.77M-18.69M2.40M-13.06M-31.95M80.04M-35.40M-
Financing Cash Flow2.69M-4.90M-36.00M--78.00M-137.00M206.99M-18.27M-36.10M156.37M-37.23M-52.51M--4.15M13.41M-8.67M-
Capital Expenditure29.10M1.10M4.47M309.88K1.31M1.06M429.13K35.24M58.28M22.61M29.86M7.61M8.15M36.66M6.66M874.67K19.15M
Free Cash Flow-34.31M41.34M34.97M40.94M49.93M75.77M45.62M45.15M-38.89M58.33M24.77M40.41M34.32M-49.07M14.74M23.53M-43.73M
Dividends Paid14.01M4.90M36.00M-78.00M137.00M13.00M18.00M36.00M36.00M36.00M45.47M--28.33M-10.15K
FCF to OCF658.90%97.41%88.68%99.25%97.44%98.62%99.07%56.17%-200.69%72.07%45.34%84.16%80.82%395.60%68.87%96.42%177.90%
Dividend Paid to FCF-40.83%11.85%102.96%-156.22%180.82%28.50%39.87%-92.56%61.72%145.35%112.53%--192.23%--0.02%

Earnings

Report DateAug 11, 2015Oct 29, 2015Dec 31, 2015Apr 28, 2016Sep 7, 2016Oct 27, 2016Dec 31, 2016Apr 24, 2017Aug 24, 2017Oct 30, 2017Dec 31, 2017Apr 17, 2018Jul 27, 2018Oct 26, 2018Dec 31, 2018Apr 18, 2019Aug 5, 2019Oct 28, 2019Dec 31, 2019Apr 27, 2020Aug 20, 2020Oct 28, 2020Dec 31, 2020Apr 20, 2021Aug 30, 2021Oct 29, 2021Dec 31, 2021Apr 22, 2022Aug 29, 2022Oct 28, 2022Apr 27, 2023Oct 25, 2024
EPS Estimate-------------------------------0.00
EPS Actual0.030.040.050.050.030.040.060.020.020.020.070.030.050.010.060.030.010.020.000.010.010.000.010.01-0.000.000.010.01-0.000.00-0.000.00
Surprise--------------------------------
TimingAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-Pre-market--------------------

Key Statistics & Ratios

Market Cap2.27B
Enterprise Value1.94B
Trailing P/E0.00
Forward P/E0.00
Price / Sales12.10
Price / Book2.97
EPS-0.01
Book Value1.37
Revenue (TTM)187.27M
Gross Profit (TTM)23.69M
EBITDA2.26M
Profit Margin-2.22%
Operating Margin-19.30%
Return on Equity-0.89%
Return on Assets-0.78%
Shares Outstanding558.12M
Shares Float294.14M
Beta0.43
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.05Jul 18, 2023
20201×
0.10Jun 9, 2020
20191×
0.08Jun 13, 2019
20181×
0.07Jun 12, 2018
20171×
0.07Jun 22, 2017
20161×
0.11Jun 15, 2016

Stock Splits

  • Jun 9, 2020119:100
  • Jun 13, 20196:5
  • Jun 15, 20163:1
  • Sep 24, 20153:2