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Harbin Electric Co 1133.HK · HKD

Industrials · HKEX · 🇭🇰 Hong Kong

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11.12

-3.14%

Close of 9 Nov 2026, in HKD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥53.23bn

FY2015FY2025

Net income

CN¥3.11bn

FY2015FY2025

Free cash flow

CN¥3.27bn

FY2015FY2025

Shareholders' equity

CN¥20.74bn

FY2015FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2019FY2018FY2017FY2016FY2015
RevenueCN¥53.23bnCN¥44.61bnCN¥33.59bnCN¥28.71bnCN¥24.72bnCN¥30.14bnCN¥36.74bnCN¥36.74bnCN¥36.03bnCN¥29.23bn
Gross profitCN¥7.05bnCN¥5.59bnCN¥3.61bnCN¥3.07bn−CN¥1.58bnCN¥3.72bnCN¥4.98bnCN¥4.26bnCN¥4.47bnCN¥3.53bn
Research and developmentCN¥1.39bnCN¥1.34bnCN¥1.16bnCN¥846.4mCN¥781.0mCN¥689.5mCN¥339.5mCN¥650.8mCN¥344.7mCN¥372.2m
Operating incomeCN¥3.74bnCN¥2.36bnCN¥982.9mCN¥181.4m−CN¥5.00bnCN¥446.6mCN¥1.51bnCN¥308.9mCN¥915.8m−CN¥193.6m
Net incomeCN¥3.11bnCN¥1.96bnCN¥669.5mCN¥114.9m−CN¥4.83bnCN¥83.1mCN¥226.2mCN¥226.2mCN¥481.4mCN¥228.5m
Diluted earnings per share1.390.880.340.07-2.830.050.120.160.350.17

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2019FY2018FY2017FY2016FY2015
Total assetsCN¥91.67bnCN¥83.80bnCN¥83.05bnCN¥73.71bnCN¥70.60bnCN¥65.86bnCN¥75.52bnCN¥75.52bnCN¥76.72bnCN¥74.74bn
Cash and short-term investmentsCN¥19.02bnCN¥18.70bnCN¥27.23bnCN¥21.75bnCN¥16.20bnCN¥14.61bnCN¥18.83bnCN¥21.79bnCN¥23.17bnCN¥22.82bn
Total liabilitiesCN¥70.14bnCN¥64.95bnCN¥66.06bnCN¥59.30bnCN¥56.39bnCN¥46.86bnCN¥56.72bnCN¥56.72bnCN¥59.67bnCN¥58.53bn
DebtCN¥8.25bnCN¥8.75bnCN¥13.41bnCN¥15.38bnCN¥15.14bnCN¥11.31bnCN¥11.14bnCN¥12.57bnCN¥13.85bnCN¥12.95bn
Shareholders' equityCN¥20.74bnCN¥18.03bnCN¥16.15bnCN¥13.66bnCN¥13.48bnCN¥17.50bnCN¥17.32bnCN¥17.32bnCN¥15.65bnCN¥14.80bn
Shares outstanding2,236m2,236m1,966m1,695m1,707m1,718m1,859m1,398m1,378m—

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2019FY2018FY2017FY2016FY2015
Cash from operationsCN¥5.28bn−CN¥281.8mCN¥2.66bnCN¥5.53bnCN¥1.20bn−CN¥787.4m−CN¥3.14bn−CN¥3.14bnCN¥1.85bnCN¥5.14bn
Capital spending−CN¥2.01bn−CN¥1.96bn−CN¥1.27bn−CN¥434.4m−CN¥437.9m−CN¥464.4m−CN¥1.20bn−CN¥1.20bn−CN¥1.17bn−CN¥640.2m
Free cash flowCN¥3.27bn−CN¥2.24bnCN¥1.39bnCN¥5.10bnCN¥766.0m−CN¥1.25bn−CN¥4.33bn−CN¥4.33bnCN¥683.7mCN¥4.50bn
Dividends paid−CN¥754.0m−CN¥321.9m−CN¥262.5m−CN¥328.2m−CN¥378.6m−CN¥224.7m−CN¥207.5m−CN¥207.5m−CN¥375.5m−CN¥397.9m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
RevenueCN¥28.71bnCN¥27.05bnCN¥26.18bnCN¥24.76bnCN¥19.85bnCN¥17.79bnCN¥15.81bnCN¥15.03bn
Gross profitCN¥4.50bnCN¥3.93bnCN¥3.12bnCN¥3.33bnCN¥2.26bnCN¥1.73bnCN¥1.67bnCN¥1.03bn
Operating incomeCN¥2.26bnCN¥2.31bnCN¥1.42bnCN¥1.55bnCN¥809.4mCN¥860.2m−CN¥3.2m−CN¥372.3m
Net incomeCN¥1.97bnCN¥1.88bnCN¥1.22bnCN¥1.35bnCN¥608.8mCN¥570.6mCN¥98.9mCN¥54.5m
Diluted earnings per share0.880.840.550.610.270.290.050.03
Cash from operationsCN¥7.29bnCN¥1.73bnCN¥3.72bnCN¥1.38bn−CN¥1.67bnCN¥1.12bnCN¥1.54bnCN¥4.57bn
Capital spending−CN¥585.0m−CN¥1.32bn−CN¥728.0m−CN¥1.28bn−CN¥678.0m−CN¥774.0m−CN¥495.0m−CN¥198.0m
Free cash flowCN¥6.71bnCN¥409.0mCN¥2.99bnCN¥101.0m−CN¥2.34bnCN¥346.0mCN¥1.04bnCN¥4.37bn
Total assetsCN¥101.24bnCN¥91.67bnCN¥93.66bnCN¥83.80bnCN¥85.40bnCN¥83.05bnCN¥80.76bnCN¥73.71bn
Cash and short-term investmentsCN¥24.56bnCN¥19.02bnCN¥26.98bnCN¥18.70bnCN¥21.75bnCN¥27.23bnCN¥21.43bnCN¥20.39bn
DebtCN¥7.31bnCN¥8.25bnCN¥11.89bnCN¥6.63bnCN¥6.54bnCN¥14.29bnCN¥8.82bnCN¥8.96bn
Shareholders' equityCN¥21.87bnCN¥20.74bnCN¥18.78bnCN¥18.03bnCN¥16.61bnCN¥16.15bnCN¥13.42bnCN¥13.66bn

Financial ratios

Data as of 18 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin13.2%12.5%10.8%10.7%-6.4%10.6%—
Operating margin7.0%5.3%2.9%0.6%-20.2%0.2%—
Net margin5.8%4.4%2.0%0.4%-19.5%-0.0%—
Return on equity15.0%10.9%4.1%0.8%-35.8%-0.0%—
Return on assets3.4%2.3%0.8%0.2%-6.8%-0.0%—
Free cash flow yield20.0%4.6%12.2%21.5%5.9%8.6%—
Revenue growth19.3%32.8%17.0%16.1%-10.7%—-13.0%
Earnings growth58.2%193.3%482.7%-102.4%56797.6%—48.9%
Current ratio1.13x1.13x1.15x1.17x1.16x1.27x—
Debt to equity0.40x0.37x0.88x0.65x1.28x0.86x—
Equity ratio22.6%21.5%19.4%18.5%19.1%27.0%—
Interest coverage19.87x10.06x3.90x0.60x-19.01x0.16x—
R&D as a share of sales2.6%3.0%3.5%2.9%3.2%4.1%—
Buybacks as a share of market value0.0%-13.7%-16.0%0.7%11.7%-12.5%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue22.9%—6.2%
Operating income174.1%——
Net income200.1%—29.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.9%12.1%——
Operating margin6.2%4.5%——
Net margin5.2%3.7%——

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2019FY2018FY2017FY2016FY2015
Price to earnings10.32.55.340.0-1.140.328.417.59.019.1
Price to sales0.60.10.10.20.20.10.20.10.10.1

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 27 May 2026.

FY2026FY2025FY2024FY2023FY2021FY2019FY2017FY2016
Paid in the year0.3520.2460.0570.0070.0130.0190.0340.018

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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