Harvey Norman Holdings Ltd

  • IPO date:
  • Sector: Consumer Cyclical
  • GIC Group: Consumer Discretionary Distribution & Retail
  • Industry: Specialty Retail
  • Company website

Company description

Harvey Norman Holdings Limited engages in the integrated retail, franchise, property, and digital system businesses. It franchises and sells products in various categories, including electrical goods, furniture, computerized communications, bedding and Manchester, kitchen and small appliances, bathroom and tiles, and carpets and floorings. It operates complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia; and company-operated stores under the Harvey Norman brand in New Zealand, Singapore, Malaysia, Slovenia, Croatia, Ireland, and Northern Ireland. It is also involved in the property investment and media placement activities; acts as a lessor of premises to Harvey Norman, Domayne, and Joyce Mayne franchisees and other third parties, as well as retail properties; development and sale of properties; and provision of consumer finance and other commercial loans and advances. The company was founded in 1982 and is headquartered in Homebush West, Australia.

Financial highlights

Market Capitalization$4772.2055 million
P/E Ratio8.89
P/E Growth Ratio0
Book Value3.556
Dividend Per Share0.25
Earnings Per Share0.43
EBITDA865,438.016
Profit Margin0.1943
Operating Margin TTM0.2853
Return on Assets TTM0.0664
Return on Equity TTM0.1248
Revenue TTM2,776,069.888

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 5,002 1,398
1990-06-30 4,853 1,746
1991-06-30 9,197 2,511
1992-06-30 8,113 2,326
1993-06-30 8,999 2,684
1994-06-30 57,251 3,888
1995-06-30 88,876 6,990
1996-06-30 91,802 9,990
1997-06-30 123,605 13,685
1998-06-30 15,107
1999-06-30 21,348
2000-06-30 486,775 29,733
2001-06-30 371,016 287,560 83,456 255,345
2002-06-30 1,014,961 592,826 422,135 383,420
2003-06-30 1,256,885 741,114 515,771 483,893
2004-06-30 1,615,905 866,450 749,455 737,472
2005-06-30 1,773,514 962,917 810,597 830,581
2006-06-30 2,003,379 1,036,254 967,125 835,275
2007-06-30 2,177,486 984,916 1,192,570 908,740
2008-06-30 2,356,992 1,046,745 1,310,247 1,009,311
2009-06-30 2,417,265 1,043,231 1,374,034 1,130,213
2010-06-30 2,368,635 968,273 1,400,362 1,133,804
2011-06-30 2,545,420 1,129,517 1,415,903 1,239,901
2012-06-30 2,352,978 1,025,359 1,327,619 1,265,651
2013-06-30 2,239,716 944,229 1,295,487 1,230,724
2014-06-30 2,435,336 1,064,892 1,370,444 1,150,723
2015-06-30 2,580,961 1,126,894 1,454,067 1,266,675
2016-06-30 2,825,978 1,231,933 1,594,045 1,354,744
2017-06-30 2,904,742 1,235,602 1,669,140 1,354,599
2018-06-30 2,792,523 1,326,339 1,466,184 1,421,526
2019-06-30 3,205,302 1,510,733 1,694,569 1,401,157
2020-06-30 3,378,455 1,555,271 1,823,184 1,500,640
2021-06-30 4,147,606 1,838,365 2,309,241 1,463,255
2022-06-30 4,143,566 1,871,051 2,272,515 1,539,363
2023-06-30 3,983,684 1,884,104 2,099,580 1,624,515

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 1,426 78,963 39,924 12,530
1990-06-30 3,836 102,398 56,202 12,530
1991-06-30 8,168 124,351 71,778 12,530
1992-06-30 11,325 146,303 85,240 14,000
1993-06-30 12,034 185,274 114,709 14,000
1994-06-30 8,464 260,077 158,284 15,400
1995-06-30 38,202 373,366 213,555 17,956
1996-06-30 7,662 423,784 207,283 19,153
1997-06-30 7,182 514,378 256,893 19,153
1998-06-30 1,203 652,231.016 317,375 19,932
1999-06-30 3,147 834,541 429,710 6,789 142,868.992
2000-06-30 37,385 1,157,764 607,438 10,031 187,792
2001-06-30 23,024 1,381,216 727,405 8,458 142,869
2002-06-30 30,264 1,668,502 792,608 10,474 291,035 246,591
2003-06-30 26,969 1,925,720 891,683 25,732 390,787 246,591
2004-06-30 88,642 2,369,154 1,140,879 62,877 472,109 246,591
2005-06-30 149,396 2,709,861 1,357,947 72,632 654,784 246,591
2006-06-30 122,776 3,030,364 1,587,439 118,841 733,473 246,591
2007-06-30 165,875 3,192,696 1,450,544 110,526 457,030 248,991
2008-06-30 64,660 3,365,030 1,417,878 416,580 150,363 259,610
2009-06-30 157,907 3,656,186 1,597,004 574,966 11,563 259,610
2010-06-30 157,236 3,704,513 1,547,302 154,133 345,026 259,610
2011-06-30 162,779 4,004,009 1,775,548 105,275 545,214 259,610
2012-06-30 172,459 3,951,816 1,684,934 234,876 525,687 259,610
2013-06-30 161,660 4,065,031 1,701,176 172,455 635,282 259,610
2014-06-30 144,957 4,225,336 1,734,230 469,872 229,383 259,610
2015-06-30 185,840 4,358,544 1,801,684 408,438 290,000 380,328
2016-06-30 139,874 4,431,800 1,743,126 452,710 200,000 385,296
2017-06-30 80,224 4,189,744 1,376,837 386,583 330,000 386,309
2018-06-30 170,544 4,577,642 1,639,710 422,139 500,000 388,381
2019-06-30 215,048 4,798,744 1,600,951 494,530 345,000 552,250
2020-06-30 313,195 5,828,602 2,351,277 233,121 195,000 717,925
2021-06-30 264,431 6,672,934 2,779,915 495,358 200,000 717,925
2022-06-30 248,804 7,246,403 2,952,279 400,321 438,522 717,925
2023-06-30 218,750 7,671,831 3,205,342 218,084 783,258 717,925

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1989-06-30 -44
1990-06-30 3,753
1991-06-30 9,887 4,415 3,753 8,168 2,312
1992-06-30 1,710 3,157 8,168 11,325 2,650
1993-06-30 -6,526 -1,291 11,325 10,034 3,640
1994-06-30 7,480 -4,170 10,034 5,864 5,128
1995-06-30 16,055 28,738 5,864 34,602 7,505
1996-06-30 67,794 -26,940 34,602 7,662 9,278
1997-06-30 29,696 -480 7,662 7,182 10,534
1998-06-30 57,585 -5,979 7,182 1,203 16,670
1999-06-30 80,125 1,944 1,203 3,147 25,379
2000-06-30 111,271 121,866 34,238 3,147 37,385 30,546
2001-06-30 -1,303 61,147 -28,078 37,385 9,307 40,727
2002-06-30 -782 188,948 13,687 9,307 22,994 41,481
2003-06-30 -10,627 108,384 -1,881 22,994 21,113 53,135
2004-06-30 -10,907 189,438 33,227 21,113 54,340 58,102
2005-06-30 -17,115 184,919 57,203 54,340 111,543 79,324
2006-06-30 229,558 159,760 -56,279 111,543 55,264 79,334
2007-06-30 407,247 444,432 50,576 55,264 105,840 95,240
2008-06-30 358,448 289,452 -127,178 105,840 -21,338 138,101
2009-06-30 214,351 442,502 82,713 -21,338 61,375 127,478
2010-06-30 231,409 386,867 39,535 61,375 100,910 138,101
2011-06-30 252,255 358,973 17,819 100,910 118,729 138,101
2012-06-30 172,471 200,945 21,364 118,729 140,093 116,855
2013-06-30 142,211 239,217 -15,526 140,093 124,567 90,297
2014-06-30 211,695 338,935 -9,395 124,567 115,172 111,543
2015-06-30 268,095 340,448 38,048 115,172 153,220 333,664
2016-06-30 348,605 437,691 -49,589 153,220 103,631 266,882
2017-06-30 448,976 425,140 -60,749 103,631 42,882 344,962
2018-06-30 375,378 454,170 82,581 42,882 125,463 267,337
2019-06-30 402,317 372,845 60,353 125,463 185,816 342,122
2020-06-30 480,541 1,056,964 108,630 185,816 294,446 322,505
2021-06-30 841,414 543,869 -45,719 294,446 248,727 473,483
2022-06-30 811,527 1,055,490 -14,369 248,727 234,358 436,102
2023-06-30 539,520 680,257 -32,302 234,358 202,056 380,032